All Strategy news – Page 68
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News
US government approves Delta-LATAM joint venture
The US Department of Transportation (DOT) has given its long-awaited approval of anti-trust immunity for the joint venture between Delta Air Lines and LATAM Airlines Group.
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News
Spirit Airlines testifies ‘competition is harmed’ in American-JetBlue antitrust trial
A Spirit Airlines executive denounced the American Airlines-JetBlue Airways partnership in federal court on 30 September – just two months after Spirit agreed to be purchased by low-cost competitor JetBlue.
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News
Blue Air drops restart date as it fights for survival
Romanian low-cost carrier Blue Air has suspended operations indefinitely as it continues negotiations with potential investors, lenders and the Romanian government over a financial restructuring. Blue Air suspended flights on 6 September after the country’s government blocked its bank accounts over the recovery of millions of dollars’ worth of debt. ...
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News
National Jet Express to grow Q400 fleet as Rex completes takeover
Australia’s Regional Express (Rex) has completed the purchase of charter operator and compatriot National Jet Express (NJE), as it signalled “bold plans” for the new unit, including to grow the latter’s turboprop fleet.
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Airline Business
Airline partnership activity intensifies
In January, we posed the question: ‘If 2022 is not the year for new airline partnerships, when will be?’ It seemed logical that the Covid-19 crisis would prompt wounded carriers to see greater value in shoring up their market positions and/or expanding networks via closer relationships with other operators. And ...
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News
Discount Canadian carriers Flair Airlines and Lynx Air manoeuvre for market share
Low-cost Canadian carriers Flair Airlines and Lynx Air plan to expand operations next year as competition for the North American discount market heats up.
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Podcast
Airline Business Podcast: Winter worries, Emirates-United tie-up, Frontier and Blue Air
Graham and Lewis discuss the transition from a positive summer period in terms of demand and - in some cases - profits to an uncertain winter, with a long list of challenges clouding the 2023 outlook.
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News
JetBlue CEO takes stand, defends ‘Northeast Alliance’ as antitrust trial starts
US government attorneys grilled JetBlue Airways chief executive Robin Hayes on 27 September, the opening day of the American Airlines-JetBlue antitrust trial in Boston.
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News
Southwest’s Van de Ven to step down from president and COO posts
Southwest Airlines’ president and chief operating officer Mike Van de Ven will be stepping down from both of his leadership posts in the coming months.
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News
Aer Lingus assigns first A320neos to Dublin-Heathrow route
Aer Lingus will begin service with its first Airbus A320neo jets from 28 September.
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Airline Business
Why ICAO Assembly is crucial for aviation’s decarbonisation effort
Airlines and airports say governments must use the 41st ICAO Assembly – which begins this week in Montreal – to formally commit to targets that support the commercial aviation industry’s decarbonisation timeline.
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Airline Business
‘All of us are in the exact same spot’: regional airline CEOs on pilot shortage
Regional airlines like Cape Air, CommutAir and SkyWest Airlines are feeling the most acute effects of the USA’s pilot shortage.
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News
United names Jonathan Ireland new head of finance
A new hand will guide United Airlines’ $40 billion operations and $5 billion capital budget, as the Chicago-based carrier named Jonathan Ireland senior vice president of finance on 23 September.
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News
Transavia France to debut A320neo in 2023 as fleet expands
Transavia France will expand its fleet by 10 aircraft for the 2023 summer season, as the Air France-KLM unit plots growth into markets including Turkey.
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Airline Business
FedEx outlook fuels concern over air cargo prospects
The bleak economic outlook provided by FedEx at the end of last week served as a reminder to the airline industry that the Covid-era cargo boom is vulnerable to global uncertainties. A $500 million revenue shortfall at air delivery service FedEx Express for the quarter ending 31 August came after ...
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News
Garuda in profit sharing pact with government asset manager
Garuda Indonesia has signed a deal with Indonesia’s national asset management that will see the carrier receive funds to restore aircraft to service, which will be repaid through a profit sharing scheme on select routes.
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News
New discount carrier Canada Jetlines makes first passenger flight
Startup airline Canada Jetlines completed its first passenger flight on 22 September, with its orange, white and blue Airbus A320 making the connection between Toronto Pearson International airport and Calgary International airport.
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News
Air Arabia to launch joint-venture carrier in Sudan
Air Arabia Group has announced plans to launch an airline in Sudan via a joint venture with local conglomerate DAL Group. To be based at Khartoum International airport, Air Arabia Sudan will operate a fleet of “new Airbus A320 jets” and will adopt the low-cost business model operated by Air ...
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Airline Business
How far have airlines climbed back from the crisis?
Revenues among leading operators jumped more than a third last year, while losses were stemmed after the heavy post-pandemic bleeding. However, it remains a lengthy road back to full recovery and the profitable heights the industry enjoyed before Covid hit
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News
Cathay Pacific profitable since July: HSBC Global Research
Cathay Pacific “has been turning” a profit since July, analysts from HSBC Global Research believe, as Hong Kong continues to ease pandemic-related restrictions.