All Strategy articles – Page 10
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Asia-Pacific carriers see ‘welcome turnaround’ in 2023 earnings: AAPA
Asia Pacific carriers rebounded to profitability in 2023, on the back of a “vigorous recovery” in passenger demand and ending a loss-making streak dating from the coronavirus pandemic.
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FAA eyes new rules for charter airlines but confirms plan to nix ‘public charter’ exemption
The Federal Aviation Administration intends to subject operators of so-called “public charter” flights to the same rules that major scheduled airlines must follow, a move supported by some of those airlines and by the USA’s largest pilot union.
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Korean Air puts Air Incheon in pole position for Asiana freighter business
Korean Air expects to sign a framework agreement with Air Incheon next month after picking the cargo carrier as preferred bidder for Asiana Airlines’ global freighter business.
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WestJet Encore pilots ratify new five-year contract
A second attempt at ratifying a new contract between WestJet Encore’s pilot union and WestJet Group successfully ended an acrimonious period of negotiations that nearly disrupted the carrier’s regional operations.
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FAA fines Emirates $1.5m for airspace violations
Emirates Airline has agreed to pay a $1.5 million penalty for allegedly flying into airspace prohibited by the Federal Aviation Administration while carrying the code of a US airline.
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Air New Zealand trims senior leadership amid ‘economic challenges’
Air New Zealand has axed its corporate affairs chief as part of a cost-saving move amid “economic challenges”.
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Second investment group calls for changes at Southwest
Another US investment firm with a stake in Southwest Airlines is calling for wholesale changes to the carrier’s leadership team and strategic direction.
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Southwest pushes back against criticism of leadership
Southwest Airlines disagrees with the grim prognosis recently offered by Elliott Investment Management, a firm that now holds a roughly 11% stake in the Dallas-based carrier.
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Etihad and China Eastern firm up joint venture
Etihad Airways and China Eastern Airlines have signed a joint-venture agreement – the first between Middle Eastern and Chinese carriers – which will see both operators coordinate their schedules on parts of their networks.
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Rex shuffles leadership with Neville Howell stepping into CEO role
Australia’s Regional Express (Rex) has promoted its operating chief to lead the airline, as current executive chair Lim Kim Hai steps down.
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Akasa unfazed by supply chain crunch amid ‘ambitious’ international push
India’s Akasa Air says it is still satisfied with the delivery timeline of its Boeing 737 Max aircraft, despite ongoing delays, as it prepares to expand its operations internationally.
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Air India-Vistara merger clears major hurdle with court approval
India’s National Company Law Tribunal (NCLT) has cleared the merger between Tata Group units Air India and Vistara, paving the way for the formation of India’s largest international operator.
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’Unwillingness to evolve’ hindering Southwest’s performance: Elliott
Elliott Investment Management is calling for major leadership and strategic changes at Southwest Airlines to guide it into a more-profitable future.
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Royal Jordanian still battling tourism hit from Gaza conflict
Royal Jordanian Airlines is continuing to feel the impact of lost tourism resulting from the ongoing Israeli-Gaza conflict which stymied its hopes of returning to the black last year.
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Air Transat aims to complete Porter Airlines joint venture in 2025
Air Transat plans to complete the roll out of its joint venture with Porter Airlines next year, says chief executive Annick Guerard.
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Air Transat’s losses mount amid competitive pressures and P&W engine issues
Canada’s Transat AT lost C$54 million ($39.7 million) in the second quarter of its fiscal year as it faced challenges including Pratt & Whitney PW1100G engine issues, strike threats from employees and broad competitive pressures.
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‘We left that station already’: IndiGo’s Elbers brushes off ‘traditional LCC’ label
IndiGo chief Pieter Elbers has pushed back on calling the airline a “traditional” low-cost operator, noting that it already has undertaken a series of initiatives that other low-cost carriers would not usually take.
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Flyadeal chief studies long-haul options
While Saudi Arabian budget operator Flyadeal has just announced a step change order by signing for 51 Airbus A321neos, new chief executive Steven Greenway is considering a future move for the carrier into low-cost, long-haul operations.
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‘So far so good’: Air India targets Vistara acquisition to complete by year-end
Air India expects to complete its merger with compatriot Vistara by the end of the year, as it works through legal approvals and operational integration.
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Turkish Airlines still keen on mixed fleet as talks on Boeing order continue
Turkish Airlines remains in talks with Boeing and engine manufacturers as it still hopes to seal an order for 225 aircraft.