All Strategy news – Page 22
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NewsNew Lufthansa carrier City Airlines receives first A319
Lufthansa Group’s City Airlines unit has received its first aircraft ahead of it launching services in the upcoming summer season.
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NewsDelta posts profit of $4.6bn for 2023
Delta Air Lines posted a full-year 2023 profit of $4.6 billion on revenue 20% higher year on year, and reports a strong profit for the fourth quarter.
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NewsDelta Air Lines orders 20 A350-1000s
Delta Air Lines has announced an order for 20 Airbus A350-1000s, with options for 20 more of the larger variant.
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NewsVolaris expects to cut capacity by up to 18% in 2024 as GTF impact hits
Mexican low-cost carrier Volaris expects reduce its full-year capacity in terms of available seat miles (ASM) by between 16-18% in 2024 as it contends with increased inspections of some of the Pratt & Whitney PW1100G geared turbofans (GTFs) powering its Airbus A320neo-family jets.
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NewsAir Astana set for IPO this year as it plans London and Kazakhstan listing
Kazakh carrier Air Astana has outlined its intention to list on the London and Kazakhstan stock exchanges this year.
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NewsTus Airways announces new strategic investor
Cypriot carrier Tus Airways has announced that Israeli firm Holiday Lines Group has signed an agreement to take a significant stake in the business.
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NewsAir Baltic prepares for IPO amid reports linking Estonia and Lithuania with stakes
Latvian carrier Air Baltic is continuing to prepare for its long-discussed IPO amid fresh reports linking the Lithuanian and Estonian governments with stakes in the state-owned operator.
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NewsPost-merger AirAsia targets return of Europe operations by year-end
A newly-merged AirAsia Aviation expects to relaunch flights to Europe by the end of this year, and is looking to expand its network to Africa, North and South America in the longer term.
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NewsMesa Airlines at risk of de-listing from US stock exchange
Mesa Air Group recently received notice it is at risk of being de-listed from the US stock exchange due to continued delays in reporting its fiscal fourth-quarter results.
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NewsGlobal airline passenger traffic reached 99% of 2019 levels in November
Global passenger traffic was within 1 percentage point of 2019 levels in November last year, according to the latest data from IATA, as it closes on the pre-Covid peak.
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NewsJetstar Asia appoints Qantas veteran as new CEO
Singapore-based Jetstar Asia has appointed John Simeone as its new CEO, replacing outgoing chief Barathan Pasupathi, who steps down after 12 years at the helm.
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NewsJetBlue president Geraghty to succeed Hayes as CEO in February
JetBlue Airways president and chief operating officer Joanna Geraghty will succeed Robin Hayes as the company’s chief executive on 12 February.
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NewsTransat’s flight attendants to vote on second tentative deal after ‘unforeseen rejection’
Canadian leisure carrier Air Transat has reached another tentative five-year contract agreement with its 2,100 flight attendants following the union’s rejection of the airline’s first offer.
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PodcastAirline Business Podcast: The airlines to watch in 2024
In the latest instalment of the podcast - sponsored by Panasonic Avionics -Graham and Lewis discuss the airlines to watch over the next 12 months. Among the carriers in the spotlight are Air France-KLM, Lufthansa, Norwegian, Turkish Airlines, Qatar Airways, Etihad Airways, Qantas, Air India, JetBlue and the Abra Group. ...
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NewsAirAsia to merge with AirAsia X after Capital A divestment
Malaysia’s Capital A will divest its airline business to associate AirAsia X, with medium-haul and short-haul operators to be merged under a single AirAsia brand.
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NewsCathay cuts flights through February amid operational snags
Cathay Pacific is to cut 12 flights a day until the end of February to avoid cancellations during the upcoming Lunar New Year period, as the airline acknowledges its operations had been “stretched” in recent weeks.
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Airline BusinessWhy runway incursions were already ‘on the radar’ of airline sector
It is noteworthy that runway incursions had become a topic of interest in the wider airline industry in recent months – particularly in relation to the USA.
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NewsUS flight cancellations down during busiest-ever year of air travel: DOT
The USA’s busiest-ever year for air travel also saw the lowest rate of flight cancellations since 2016.
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NewsAerolineas Argentinas names Lombardo as new president and CEO
Argentine state-owned carrier Aerolineas Argentinas has named its chief commercial officer Fabian Lombardo as its new president and chief executive, succeeding Pablo Ceriani.
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NewsTurkish Airlines secures AOC for low-cost unit AJet
Turkish Airlines has secured an air operator’s certificate (AOC) for its low-cost carrier Anadolu Jet for when it begin operations as standalone unit under the AJet brand.