All Strategy news – Page 195
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Aviation industry success rests on diversity: executives
The aviation industry’s competitiveness in the coming decades increasingly rests on a diverse and well-educated workforce, which includes more representation from groups that are currently largely overlooked, a panel of executives tells participants of the annual ALTA Airline Leaders Forum in Brasilia.
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Alaska Airlines cancels all Santa Rosa flights due to wildfire
Alaska Airlines cancelled all of its scheduled service to the Santa Rosa, California airport, north of San Francisco, due to a massive wildfire nearby which has burned tens of thousands of hectares and forced 180,000 residents to flee their homes.
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Avianca to codeshare with Gol as it overhauls business
Avianca has disclosed that it will begin a codesharing agreement with Brazil's domestic market leader Gol, further expanding the Colombian flag carrier's network in South America's largest aviation market as it moves forward from a challenging year.
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Venezuela air sector in 'havoc' despite broader regional growth
Though Venezuela's airline industry has descended into shambles, the broader Latin American air transport sector is on track to expand at a leading pace in the coming decade, says industry group IATA's regional vice-president for the Americas Peter Cerda.
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Private investment driving aviation growth in Brazil: minister
Brazil is entering a new growth cycle that will see private investment driving expansion of commercial aviation, according to the country's minister for infrastructure Tarcisio Freitas.
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Brazil government pro-aviation stance pushed air transport growth
The Brazilian government and local airline industry are using this year's ALTA Airline Leaders Forum to stress the country's recent pro-aviation advancements and the resulting boom in commercial aviation growth.
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Copa chief says three-way JV behind schedule
The paperwork for anti-trust immunity for a joint venture between United Airlines, Panama's Copa Airlines and Colombia's Avianca will likely not be filed with regulators until next year, thus pushing back a potential start for the project to 2021 at the earliest, Copa's chief executive Pedro Heilbron said at the ...
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INTERVIEW: ALTA chief on challenges for Latin America's airlines
Latin American and Caribbean Air Transport Association (ALTA) is heading into its annual Airline Leaders Forum with a positive growth story from the region's carriers, but also several familiar challenges that are weighing on ambitions.
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India's Spicejet eyes Ras Al-Khaimah base
Indian low-cost carrier SpiceJet will begin flights to Ras Al-Khaimah this December after striking a deal on plans to create an "aviation hub" at the UAE airport.
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Jazeera terminal attracting third-party airline interest
Kuwaiti budget carrier Jazeera Airways is claiming interest from other carriers in using its newly-developed dedicated terminal at its Kuwait City airport base.
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Alaska Q3 profit driven by Hawaii routes
Alaska Air Group reported a net profit of $322 million during the third quarter, compared to $217 million during the same quarter in 2018 as the company continues its aggressive cost management mentality.
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Spirit Q3 profit hit by heavy weather
Spirit Airlines reports $992 million in operating revenue during its third quarter, a 10% increase compared with the same quarter during 2018, delivering $83.5 million net profit as the ultra-low-cost carrier plans to build a new headquarters in Fort Lauderdale and expand its Airbus fleet.
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Southwest takes $210m Max hit in Q3, expects another knock in Q4
Low-cost carrier Southwest Airlines says it lost $210 million in revenue during the third quarter as a result of the Boeing 737 Max grounding since March, and expects the loss to be higher in the fourth quarter due to the reshuffling of aircraft and schedule for traditional holiday season-related travel.
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All-Airbus Jazeera open to Boeing switch: chief
Kuwait's Jazeera Airways is not ruling out a complete switch of aircraft type to the Boeing 737 Max as part of its development plan.
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American expects 737 Max grounding cost to rise to $540m
American Airlines expects its total cost for the grounding of the Boeing 737 Max to be about $540 million in pre-tax earnings in 2019, up from a previous estimate of $400 million.
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Jazeera rethinks model options for long-haul partnership
Kuwait's Jazeera Airways is examining alternative partnership strategies to broaden its long-haul reach, having backed away from earlier exploration of a joint venture.
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Jazeera hints at Manchester if new London route performs
Kuwaiti budget carrier Jazeera Airways is to examine Manchester as a second UK route if performance on its new London Gatwick service meets targets. The airline is set to operate four times weekly to Gatwick from 27 October, using Airbus A320neo jets, and raise the frequency to daily starting in ...
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Thai Airways offers reassurances after 'motivational' warning
Thai Airways has dismissed a report that it is at risk of being shut down, arguing that local media had "misconstrued messages conveyed in a meeting" with airline staff.
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INTERVIEW: Jeju Air chief confronts tougher market
South Korean low-cost carrier Jeju Air plans to moderate growth as it faces more challenging conditions in key markets.
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Chinese bank venture to take over 27 Norwegian A320neos
Scandinavian budget carrier Norwegian is to establish a joint venture with China Construction Bank Leasing to take over 27 Airbus A320neo aircraft scheduled for delivery from next year.