All Strategy news – Page 232
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News
Interjet names William Shaw as new CEO
Mexico’s third largest airline Interjet has appointed Viva Air Colombia co-founder and former chief executive William Shaw as its new chief.
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Chinese carriers seek rights to Europe, Southeast Asia
Shanghai Airlines, Hainan Airlines and China Southern Airlines are seeking rights to launch services to Europe.
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Regulator asks Hong Kong Airlines to further clarify finances
Hong Kong’s airline licensing authority has called for Hong Kong Airlines (HKA) to further clarify and provide supplementary information on its financial situation.
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Indian government draws up new civil aviation roadmap to 2040
India's government has issued a 20-year roadmap for civil aviation growth that projects a sixfold increase in the country's passenger numbers, to 1.1 billion by 2040, and a quadrupling in the commercial airline fleet over the same span, to 2,400 aircraft.
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Air Canada studies dozens of potential A220 routes
Air Canada has disclosed several dozen routes on which it might deploy new Airbus A220s, an aircraft expected to arrive at Air Canada in January 2020.
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China Southern eyes growth with Beijing hub after strong 2018
China Southern Airlines says 2018 was a successful year for its hub development in Guangzhou, and it will push to develop a dual-hub strategy with the opening of a second airport in Beijing later this year.
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Air Canada invests C$97 million in Chorus and extends CPA
Air Canada will invest C$97.3 million ($73.3 million) in regional partner Jazz Aviation's parent Chorus Aviation, as it extends the Jazz capacity purchase agreement (CPA) by an additional 10 years until end-2035.
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Airline Business
ANALYSIS: Financial analysts predict strong 2019 despite concerns
A decline in fuel prices should enable US airlines to expand profit margins in 2019 despite slowing economic expansion, declining unit revenue growth and potential for a hike in labour rates, financial analysts say.
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Airline Business
ANALYSIS: Unhappy new year at Hong Kong Airlines
Hong Kong Airlines (HKA) has been put in the awkward position of having to assure investors and the travelling public that it is not ceasing operations, after being hit by a series of negative news reports.
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Airline Business
ANALYSIS: Joon gets old quickly for parent Air France
It was with florid language that Air France unveiled Joon as its "new-generation travel experience" in September 2017.
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Cuts likely as Virgin shapes Flybe-Stobart combination
Virgin Atlantic-backed Connect Airways aims to concentrate on simplifying Flybe’s core network and improving performance following its acquisition of the UK regional carrier.
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Virgin to integrate Flybe-Stobart with long-haul network
UK regional operators Flybe and Stobart Air will be combined and brought into an integrated commercial co-operation with Virgin Atlantic’s long-haul operation under a newly-disclosed takeover plan.
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Virgin Atlantic and Stobart link up to take over Flybe
Virgin Atlantic and Stobart Aviation have established a joint company, Connect Airways, which is to acquire UK regional operator Flybe.
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Air Canada closes Aeroplan loyalty programme purchase
Air Canada has closed is acquisition of the Aeroplan frequent flier programme, paying $497 million ($376 million) to purchase the plan from marketing and analytics company Aimia.
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Air France set to close Joon
Air France has signalled the end for its Joon brand by launching a review of the unit as it looks at integrating the carrier’s employees and aircraft into the wider operation.
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PAL targets stake sale to strategic investor by mid-year
Philippine Airlines could close a deal to sell up to 40% of the carrier to a foreign strategic investor within the first half of the year.
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Airline Business
ANALYSIS: Asia's risk pockets in 2019
Asia-Pacific is the world’s largest aviation market, and overall has performed strongly again this year, but there are pockets of weakness in some markets that look set to roll on into 2019.
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PICTURES: Air Dolomiti unveils new livery on E195
Italian regional carrier Air Dolomiti has unveiled a new livery that more closely aligns its branding with that of its parent company.
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Bamboo Airways nears launch with Vietnam AOC approval
Vietnamese start-up Bamboo Airways is moving closer to its long-delayed a launch, after the Civil Aviation Authority of Vietnam (CAAV) granted the carrier an air operator certificate.
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China Eastern parent takes 7% stake in Juneyao Airlines
Juneyao Airlines has completed the transfer of a 7% stake to China Eastern Airlines' parent company, China Eastern Air Holding.