All Strategy articles – Page 104
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NewsBritish Airways sees Covid as catalyst for service innovation
British Airways responded to the pandemic by using technology to deliver new products and services to the customer, in a bid to improve its offering, cut costs, and minimise the risk of infection. During the AIX online event on 13 September, the IAG-owned airline’s director of brand and customer experience ...
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NewsLangkawi bubble ‘encouraging’ but broader recovery unpredictable: AirAsia
AirAsia reports “very encouraging” demand for flights into the tourist destination of Langkawi, as it ramps up capacity ahead of the island’s reopening to vaccinated domestic travellers.
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NewsSouthwest Airlines president retires; COO to take over
Southwest Airlines’ president Tom Nealon has stepped down from his post effective immediately, the latest senior leadership change at the low-cost carrier.
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Airline BusinessAirline coronavirus recovery tracker: September 2021 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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NewsWizz restores pre-pandemic pilot salaries
Wizz Air will reinstate pilots’ salaries to their pre-Covid levels from 1 October, and is launching a recruitment drive to bring in additional staff as it rebounds from the pandemic.
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OpinionWhy now is the time for airline leaders to grasp new opportunities
Airline Management Group founder Peter Davies believes the industry needs to do more to identify new opportunities during the crisis, whilst managing the immediate balance sheet challenges.
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NewsComair recovery bolstered by capital inflows
South African carrier Comair has secured capital inflows of R270 million ($19 million) following the sale of its SLOW Lounge business to FirstRand Bank for R250 million and the receipt of a R20 million payment from South African Airways (SAA).
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NewsEC clears Italy’s ITA for fresh start after ruling no liability for Alitalia state aid
European competition regulators have cleared a €1.35 billion ($1.6 billion) Italian capital injection into Italia Trasporto Aero (ITA) and ruled the new operation is not liable to repay €900 million in illegal state aid received by national carrier Alitalia.
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NewsFollowing competitors, American trims financial forecast, citing ‘Delta’ variant
American Airlines has joined other US carriers in reducing its earnings forecast for the third quarter as the coronavirus “Delta” variant continues to play havoc with the travel industry.
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OpinionUnited cuts Q3 earnings expectation as ‘Delta’ variant slows bookings
United Airlines has seen “deceleration” of third-quarter income due to increased fear among travellers about the “Delta” variant of Covid-19.
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NewsTransat remains optimistic despite another minimal-revenue quarter
A six-month operational pause left Transat AT with another quarter lacking significant revenue, though more cash has been flowing in since subsidiary Air Transat restarted flights at the end of July.
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NewsJetBlue trims Q3 revenue expectation as Covid impact continues
JetBlue Airways is the latest US airline to trim its third-quarter financial projections in response to booking “softness” due to still-high rates of coronavirus infections.
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NewsUS business-travel rebound still months away: Delta CEO
Not long ago, US airline executives expected a business-travel rebound would take hold this autumn. Now, Delta Air Lines chief executive Ed Bastian says his team thinks the US business-travel rebound will begin later this year or, perhaps, early next year.
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NewsAirAsia Group says sufficient liquidity through 2022, as losses narrow
AirAsia Group narrowed its second-quarter losses on the back of a surge in revenue, as it forecast “sufficient liquidity throughout 2022”.
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NewsPorter restarts service after 18-month shutdown
Canadian regional carrier Porter Airlines restarted flights on 8 September after an 18-month coronavirus-driven pause.
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NewsBamboo Airways to operate Vietnam-USA direct flights on 23 September
Vietnamese carrier Bamboo Airways is expected to operate direct charter flights to the US West Coast from 23 September, after receiving regulatory approval.
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NewsJetBlue appoints Hurley as new CFO
JetBlue Airways has appointed Ursula Hurley to be its new chief financial officer.
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NewsBA must be ‘honest’ about what it needs to compete at Gatwick: Doyle
British Airways chief executive Sean Doyle believes the airline must be “honest” in assessing how it can compete at London Gatwick airport as talks continue on establishing a new lower-cost operation.
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NewsAir Canada Rouge restarts flights
Air Canada’s low-cost leisure subsidiary Air Canada Rouge has restarted flight operations after a seven-month coronavirus-driven pause.
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NewsIraqi Airways releases photos of its first Airbus A220-300
Iraqi Airways has released photos of its first Airbus A220-300, taken at the airframer’s Mirabel facility in Canada.