All Strategy news – Page 92
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News
KLM chief Elbers to step down in 2023 when second term ends
KLM chief executive Pieter Elbers will step down from the role at the start of May 2023 when his second term in the position comes to an end.
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Airlines brace for tough start to 2022 as Omicron response hits bookings
Ticket bookings for international travel in particular have taken a hit amid the spread of the Omicron variant of Covid-19, according IATA.
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Strong fourth quarter and government aid push Delta to full-year profit
Delta Air Lines posted a pre-tax loss of $3.4 billion in 2021, though reached the black when accounting for extraordinary items including the US Government’s payroll support programme.
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Ethiopian Airlines could reach pre-Covid capacity level in 2022
Ethiopian Airlines expects its capacity to reach near pre-crisis levels in 2022 as the carrier emerges from the Covid-19 downturn buoyed by a strong performance from its cargo business.
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UK start-up Hans Airways eyes summer launch after securing first A330
UK start-up Hans Airways has signed a letter of intent for its first aircraft, an Airbus A330-200, as it bids to launch services this year.
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Finnair delays Dallas launch as staff sick leave forces February flying cuts
Finnair is cutting its February 2022 flying programme in response to increased sick leave among its employees and those of its partners, with the launch of services to Dallas and the return of Nagoya flights both pushed back as a result.
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Aeromexico’s creditors approve restructuring plan
Grupo Aeromexico’s creditors have approved its restructuring plan, moving the Mexican carrier one step closer to exiting Chapter 11 bankruptcy proceedings in a US court.
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Airline Business
Air France-KLM sustainable-fuel ticket levy may herald wider trend
Air France-KLM Group airlines are adding a sustainable aviation fuel (SAF) levy to ticket sales as they seek to increase its use – voluntarily in the case of KLM and mandated by the government when it comes to the business’s French operations.
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Airline Business
How Air Arabia chief Adel Ali is positioning the group for post-pandemic growth
With profitable quarters under its belt and two new airlines in the works, Air Arabia Group is aiming to emerge confidently from Covid-19 under Adel Ali’s leadership
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JetBlue’s Laurence joins Delta as VP of network planning
Former JetBlue Airways executive Scott Laurence will join Delta Air Lines as vice-president of network planning later this month.
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Virgin Atlantic adds first new US route since 2015
UK carrier Virgin Atlantic is to launch flights to Texas state capital Austin this summer, marking its first new route to the USA since 2015.
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Iraqi Airways’ first A220 lands in Baghdad amid hope EU flight ban will be lifted
Iraqi Airways’ first Airbus A220-300 landed in Baghdad on 9 January amid hope the airline would soon be able to resume flights to Europe.
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Ryanair to shut Frankfurt base in charges row
Irish low-cost carrier Ryanair is to close its base at Frankfurt Main airport at the end of March, hitting out at increased charges at Germany’s biggest hub.
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Cathay Pacific makes further cuts to passenger and cargo schedules through March
Cathay Pacific has made further “substantial reductions” to passenger and cargo schedules through March, citing tightened quarantine requirements, as well as travel bans imposed by the Hong Kong government.
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Avelo raises an additional $42 million
Low-cost start-up Avelo Airlines has raised an additional $42 million in a second round of funding, bringing its total capital base to $160 million.
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News
Restructured Norwegian ends 2021 flying 48 aircraft
Restructured low-cost carrier Norwegian ended 2021 operating an average of 48 aircraft during December, though its passenger numbers for the full-year remained below even 2020 levels.
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Airline Business
Aircraft availability, attractive terms flipped Allegiant to Boeing’s Max
Near-term aircraft availability and attractive purchase terms ultimately drove Allegiant Travel to ditch its all-Airbus-fleet strategy by ordering 50 Boeing 737 Max jets.
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EasyJet chief still expecting full capacity recovery in summer 2022
The chief executive of EasyJet still expects the low-cost carrier to reach pre-pandemic capacity levels in Summer 2022, despite the uncertainty created by the Omicron variant of Covid-19.
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Allegiant to order 50 737 Max: report
US discount airline Allegiant Air is near to finalising an order for 50 Boeing 737 Max, according to a 4 January report from Reuters.
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Wizz calendar year traffic improves but still 45% down on pre-crisis peak
Central European budget carrier Wizz Air ended 2021 with passenger numbers in December up on the previous month, although the figure of nearly 22 million customers carried during the calendar year still was 45% below pre-crisis levels.