All Strategy news – Page 188
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Airline Business
Pilots union throws support behind United’s CEO-designate Kirby
The decision by United Airlines to name Scott Kirby as its next chief executive has been firmly endorsed by United’s pilot union, which views the change as a sign that United will continue its aggressive expansion.
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News
Australian watchdog flags concerns over frequent flyer programmes
Australia’s competition watchdog has expressed concern about airline frequent flyer programmes, flagging the potential for unfair pricing and anti-competitive practices.
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SAS to deepen cuts after ‘unsatisfactory’ 2019 result
Scandinavian airline SAS has stepped up cost-saving measures after delivering a full-year result its chief executive Rickard Gustafson describes as “unsatisfactory”.
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United Airlines president Kirby to take over as chief executive
United Airlines’ president Scott Kirby will take over the chief executive role in May 2020, at which point current incumbent Oscar Munoz will become executive chairman of the US carrier’s board.
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SAA to receive R4bn funding as part of business rescue
South African Airways is to receive a R4 billion ($273 million) in funding as part of the effort to restructure the ailing flag-carrier following its placement into business rescue.
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Norwegian sells Argentinian unit to JetSmart
Norwegian has sold its Argentinian subsidiary to Chilean low-cost carrier JetSmart for an undisclosed amount, as the Scandinavian group looks to cut costs and focus on core operations.
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Condor restores bird logo as it separates from Thomas Cook
German leisure carrier Condor has reverted to a previous corporate logo for its fleet, distancing the airline from its collapsed former parent Thomas Cook Group.
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LATAM signs codeshare with Delta in shift away from American
South American carrier LATAM Airlines Group has signed new codeshare agreements with pending-equity owner Delta Air Lines and announced plans to discontinue its codeshare deal with American Airlines on 31 January 2020.
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HK authorities close in on troubled Hong Kong Airlines
Hong Kong Airlines (HKA) faces the prospect of being wound up by 7 December, if it fails to turn its troubled financial situation around.
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Embattled Cathay to cut capacity in 2020
Cathay Pacific will cut seat capacity by 1.4% year-on-year in 2020 as Hong Kong’s political troubles and trade tensions hurt the airline in key markets.
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South African Airways to undergo 'radical' restructuring
South Africa’s government is to undertake an extensive restructuring of South African Airways, insisting that it has run out of alternative strategies for the troubled flag-carrier.
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Investment firm I-Jet acquires EuroAtlantic
Portuguese wet-lease operator EuroAtlantic Airways has been acquired by an entity named I-Jet Aviation.
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Alitalia unions challenge government over nationalisation
Alitalia trade union representatives are urging the economic development ministry to put forward a nationalisation plan for the carrier to end uncertainty over its future.
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Hong Kong Airlines cuts capacity further
Hong Kong Airlines (HKA), which has been plagued by fiscal woes, is to completely withdraw from the North American market, following a latest round of capacity cuts.
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Icelandair expects 737 Max to re-enter service in March
Icelandair is expecting the Boeing 737 Max to return to service in March next year, 12 months after its grounding.
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Lufthansa's talks with cabin crew union break down again
Lufthansa’s German flight-attendant union UFO is threatening industrial action after talks in preparation for an arbitration process broke down for the second time this month.
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Plus Ultra takes first A340-600
Spanish carrier Plus Ultra has received the first of three Airbus A340-600s it will use to boost its Latin American network.
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Airline Business
Action needed on LGBTQ diversity at airlines
A diverse and inclusive workplace is a better one, writes IATA’s Dexter Morse, but more airlines need to adopt a structured approach to the issue
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News
AirAsia boosts third-quarter profit 5% amid strong revenue rise
AirAsia Group’s third-quarter profit rose 4.6% to more than MYR264 million ($63.3 million) as revenue and passenger numbers increased.