All Strategy news – Page 95
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News
IATA joins African airline body in calling for Omicron travel bans to be rescinded
Global airline association IATA has urged governments to drop the travel bans implemented in response to the Omicron variant of Covid-19, citing World Health Organization advice on the issue.
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Allegiant sees Mexico as a “green field”: CEO
A week after Mexican ultra-low-cost carrier Viva Aerobus and Allegiant Air applied to the US Department of Transportation (DOT) for a transborder commercial alliance, the US discount carrier’s chief executive Maurice Gallagher says Mexico is a “green field” that holds many possibilities for the airline.
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Southwest predicts it will be profitable in Q4 and 2022
Southwest Airlines now expects its fourth quarter financial results will be better than previously anticipated, and predicts it will turn profits in the period and in 2022.
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American president Isom to succeed Parker as CEO in March 2022
American Airlines chief executive Doug Parker will retire effective 31 March 2022 and be succeeded by American president Robert Isom.
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United Airlines names Nike CFO Matthew Friend to its board
United Airlines has named Nike chief financial officer Matthew Friend to its board of directors.
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Airline Business
How low-cost carrier share is evolving in European short-haul markets
Airline positions in the European short-haul market going into next summer vary widely. Most operators, particularly network carriers, have opted for a more cautious approach to capacity within Europe in a bid to secure some kind of profitability – or at the very lest to limit losses. But others, notably in the low-cost segment, have made a push for market share.
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News
Cape Air names Linda Markham as new chief executive
US commuter airline Cape Air has named Linda Markham to be its next chief executive officer after founder and long-time CEO Dan Wolf steps down in January.
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Airline Business
Airlines wait for more visibility as Omicron clouds recovery track
The emergence of a new Covid variant of concern and of its spread beyond southern Africa where it was first identified is the news airlines have feared since vaccination programmes began emboldening governments to reopen their borders for travel.
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News
Ryanair focused on summer as fresh restrictions bring ‘challenging’ Christmas
European budget carrier Ryanair is putting its focus on meeting an uptick in summer travel as it sees demand until Christmas likely stifled by fresh travel restrictions. Ryanair, which Eurocontrol data showed earlier in November surpassed pre-Covid flight activity for the first time since the pandemic, today disclosed it carried ...
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News
Avianca emerges from bankruptcy protection
Colombian carrier Avianca is the first of three Latin American airlines to complete its financial restructuring process and emerge from Chapter 11 bankruptcy proceedings.
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Omicron is a setback, but won’t stop airline recovery: United’s Kirby
United Airlines chief executive Scott Kirby believes Omicron – the highly mutated variant of Covid-19 recently discovered in South Africa – will be a short-term setback for airlines, but won’t stop the industry from moving toward full recovery.
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News
ITA firms Airbus order for 28 aircraft
New Italian national carrier ITA Airways has firmed its commitment for 28 new Airbus aircraft.
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News
Allegiant and Viva Aerobus apply to DOT for joint venture
Allegiant Air and Mexico’s Viva Aerobus have applied to the US Department of Transportation (DOT) for approval of a commercial alliance that would expand low-cost flying between the USA and Mexico, and give the Las Vegas-based carrier an equity stake in the Mexican carrier.
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United to demonstrate passenger flight of jet powered partly with 100% SAF
United Airlines intends today to operate a demonstration flight – with non-paying passengers – using an aircraft powered partly with 100% sustainable aviation fuel (SAF).
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News
EasyJet and Wizz upbeat on summer demand despite Omicron uncertainty
European low-cost carriers EasyJet and Wizz Air are remaining focused on their plans for a strong summer season, despite the near-term uncertainty created by the emergence of the Omicron variant of concern of the coronavirus.
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News
Norwegian goes back to Max under new lease deal
Low-cost carrier Norwegian has struck a deal to lease two Boeing 737 Max 8s, several months after emerging from the pandemic as a restructured 737-800-only operator.
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Aeromexico files amended restructuring plan
Mexican carrier Aeromexico has filed an amended reorganisation plan with a US bankruptcy court that includes a proposal to give lead lender Apollo Global Management an equity stake.
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US start-up airline Airbahn shows off first aircraft
Airbahn, a start-up passenger airline headquartered in Los Angeles suburb Irvine, published photos of its first aircraft, an Airbus A320, on social media on 24 November.
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EasyJet posts heavy loss, but still eyeing capacity return
EasyJet expects to be close to returning to pre-crisis levels of activity late next summer after disclosing a pre-tax loss of £1.13 billion ($1.5 billion) for its pandemic-hit financial year just ended.
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News
US bans travel from eight southern African countries amid Covid-19 variant fears
The US government has imposed a travel ban on non-citizens and permanent residents coming from eight countries in southern Africa, where a new variant of the coronavirus, which the World Health Organization (WHO) has called “Omicron”, is causing concern.