All Strategy news – Page 97
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News
Emirates rolls out premium economy to 105 widebodies in upgrade move
Emirates is to retrofit over a 100 of its widebodies with premium economy seats as part of wider cabin upgrade moves which could include a new business class product on its Boeing 777s.
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News
Dominican Republic aviation regulator approves 30 routes for AraJet
The civil aviation regulator of the Dominican Republic has approved 30 routes for DW Dominican Wings SA, which will fly under the new brand name AraJet, formerly Flycana, as the first low-cost carrier based in that country.
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Spirit Airlines’ ramp agents approve new contract
Workers at Miramar, Florida-based ultra-low-cost carrier Spirit Airlines have ratified a new agreement which increases wages and overall compensation for ramp agents.
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News
Emirates and Gulf Air to codeshare and investigate cargo cooperation
Middle Eastern carriers Emirates Airline and Gulf Air have signed a memorandum of understanding to increase their commercial cooperation
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News
Binter Canarias orders up to five ATR 72-600 turboprops
Gran Canaria-based Binter Canarias has placed a firm order for four ATR 72-600 turboprops with an option for one more of the type in a deal announced at the Dubai air show today.
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News
Lebanon’s MEA pushes back A330neos as it battles dual crises
Lebanese carrier Middle East Airlines has pushed back delivery of its four Airbus A330neos until 2026 as it bids to recover from the dual challenges of the pandemic and economic crisis in Lebanon.
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News
Azul CEO confirms interest in acquiring LATAM
Azul’s chief executive doubled down on comments he made last week about a potential acquisition of LATAM Airlines Group, pending the outcome of the Chilean airline’s bankruptcy protection process.
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News
Azul ‘bullish’ about future booking and revenue trends
Brazil’s Azul Airlines is “bullish” about booking and revenue trends after its revenue increased almost 60% from the second to third quarters of 2021.
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News
Royal Jordanian to decide on fleet renewal by year-end
Royal Jordanian Airlines aims to make a decision on the renewal of its regional and narrowbody fleets by the end of the year in support of a long-term strategic plan which envisions a near doubling of the operation.
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News
Frontier in “strong financial position”; expects recovery by Spring 2022
Frontier Airlines says it is in a “strong financial position” to get to pre-coronavirus levels by early 2022 despite the coronavirus’ Delta variant that ate into the carrier’s revenues in the third quarter of 2021.
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News
LATAM loses $692m in Q3, sees capacity hitting 65% by year-end
LATAM Airlines Group posted a third-quarter loss but says increased vaccination rates, fewer travel restrictions and pent-up demand will propel capacity to 65% of pre-pandemic levels by year-end.
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Gol reports wider Q3 loss, prepare to resume international flights
Gol reported a net loss of R$2.5 billion ($455 million) in the third quarter of 2021, but says that higher vaccination rates and the opening of borders across the hemisphere will boost travel in the coming busy summer holiday season.
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News
Austrian cites low-cost competition as it outlines tourism-focused 2022 network
Austrian Airlines is planning to focus on leisure destinations in 2022, as it acknowledges likely strong competition from low-cost cost carriers at Vienna airport.
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Finnair focuses on Japan in 2022 schedule as China uncertainty continues
Finnair has added Tokyo Haneda to its schedules for summer 2022, as it focuses on serving Japan amid uncertainties over the reopening of China to non-essential travel.
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News
Italy’s ITA Airways seals codeshare with Air Europa
New Italian carrier ITA Airways has struck a codeshare deal with Spain’s Air Europa, as it continues to fill the gap left after Alitalia ceased flights last month.
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Airline Business
British Airways sees US market reopening driving business lift
Continued losses at British Airways and Lufthansa’s network carrier segment reported in the last 48 hours underline why those airlines are pinning so much hope on the reopening of the USA to international travel from Europe on 8 November.
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News
Spanish carriers offer bright spot as IAG sees ‘inflection point’ in third quarter
IAG posted an operating loss of €452 million ($523 million) for the third quarter though its Spanish carriers Iberia and Vueling did both move out of the red.
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Vueling sees long-term returns from opportunistic push into new markets
Vueling chief executive Marco Sansavini believes the carrier’s moves to exploit new international opportunities that have emerged in the European short-haul market since the pandemic will provide long-term returns.
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News
British Airways aiming to finalise Gatwick plans by end of November
British Airways hopes to finalise talks with unions and London Gatwick airport over a new short-haul operation in time to launch its summer plans around the end of November.
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News
IAG chief Gallego ‘less optimistic’ about stalled Air Europa deal
IAG chief executive Luis Gallego is “less optimistic” about completing a deal to acquire Spanish carrier Air Europa, but talks are continuing with the latter’s parent company Globalia, regulators and the Spanish government.