All Strategy news – Page 189
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News
Jet Airways' resolution deadline extended again
The committee of creditors (CoC) of collapsed Indian carrier Jet Airways has once again extended the deadline for the submission of a resolution plan for the company.
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News
IndiGo becomes latest IATA member
IndiGo has received its IATA membership certificate, becoming the fourth Indian airline and the second low-cost operator from the country to join the association.
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News
Fastjet blames Zimbabwean volatility for persistent losses
Fastjet Group is predicting full-year net losses of $7-8 million, which it attributes to volatility affecting its Zimbabwean operation, a division it is looking to divest.
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News
Fastjet looks to sell Zimbabwe arm to avert funding crisis
African budget carrier Fastjet Group is considering selling its Zimbabwe airline operation to raise capital, after disclosing that it is facing more funding pressure.
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News
Norwegian axing long-haul services from two Nordic capitals
Scandinavian budget carrier Norwegian is axing several transatlantic and Asian routes as a consequence of low demand and continuing problems with Rolls-Royce Trent engines on its Boeing 787s.
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News
SITA upbeat airport biometric solutions will take off
It promises to shave off about one-third of travellers’ time at the airport, from check-in to boarding, and is premised on one concept: that your face is your boarding pass.
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News
AtlasGlobal suspends operations until mid-December
Turkish carrier AtlasGlobal announced today that it will halt operations until December owing to economic problems.
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News
INTERVIEW: SMBC Aviation Capital chief executive Peter Barrett
Three decades ago, Peter Barrett would be sitting in a lonely office manning the phones of Guinness Peat Aviation’s (GPA) Dublin office. As an analyst he the unenviable job of staying late to finish his work and answer the phone if it rang. This was Barrett’s initiation.
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Podcast
PODCAST: Airline Business on Air Europa, Brazil, Emirates, Max
The new edition of the Airline Business podcast is now available.
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Airline Business
Qantas aligns with Asia growth
Asia remains a long-term growth opportunity for Qantas Group, with Qantas and Jetstar “playing where we can win in Asia”, investors were told at the Group’s recent investor day.
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News
Rex warns of up to 30% profit downgrade
Regional Express (Rex) is warning that its profits could be down 20-30% for financial year 2020 compared with the previous year due to “a very challenging economic environment ahead”.
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News
Silver Airways begins flying ATR 72-600
Regional carrier Silver Airways has become the first US airline to fly the ATR 72-600 aircraft as it continues to upgrade its fleet, the company says in a statement on 25 November.
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In depth
Tim Clark on the vital role the UK plays for Emirates
Tim Clark, president of Emirates Airline, tells FlightGlobal ahead of his appearance at next month’s Airlines 2050 conference in London that the UK market is critical to the carrier’s current and future success.
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News
VietJet Air’s third-quarter profit up 12%
VietJet Air boosted operating profit 12% in the third quarter, to D1.91 trillion ($90.4 million), as revenue and passenger numbers rose.
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News
AAPA sees trade, slowing economy affecting airline sector
The Association of Asia Pacific Airlines (AAPA) sees a number of danger signs that could affect the prospects for the industry, and believes governments could do more to facilitate air transport in the region.
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News
SAA agrees conditional wage rise to end strike
South African Airways has reached a conditional agreement to end the week-long industrial action initiated by two of the carrier’s unions.
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News
Jetlines sues Neeleman for $27m, alleges financing interference
Airline startup Canada Jetlines has sued industry executive David Neeleman and two Neeleman-affiliated companies, alleging they unlawfully derailed Jetlines’ financing plans as they poached Jetlines former chief executive Lukas Johnson.
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Airline Business
Clark on how Emirates has adapted to changing conditions
Tim Clark has spent literally half of his life steering – and subsequently leading – Emirates Airline on an incredible journey to become one of the world’s most successful, well-known and feared network carriers.
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News
SAA faces legal bid to force court-appointed rescue
South African trade union Solidarity is making a legal bid to have embattled flag carrier South African Airways placed under formal business rescue.