All Strategy articles – Page 107
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NewsSpare aircraft cheaper than paying delay compensation: Ultra Air chief
The availability of aircraft at favourable lease rates means Colombian start-up Ultra Air is aiming to achieve “operational excellence” through the retention of spare jets within its fleet, according to its co-founder and chief executive.
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NewsCourt rejects LOT appeal over EasyJet and Lufthansa win of Air Berlin assets
An EU court has rejected cases put forward by LOT Polish Airlines contesting decisions to enable EasyJet and Lufthansa to acquire assets from collapsed carrier Air Berlin.
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Airline BusinessRaised capacity on US-Mexican border routes bucks international trend
In an environment where a rebound in travel to pre-crisis level for most international markets is off the horizon for perhaps multiple years, the speed and scale of the recovery in the US-Mexican market is a stand-out.
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NewsAeromexico shows improved Q3 in line with industry
Grupo Aeromexico, the parent company of Mexico’s legacy carrier, says the airline’s position during the third quarter of 2021 continued to improve in line with the global aviation industry.
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NewsUnited Airlines defies Delta variant dip to post $473m profit in Q3
United Airlines reports a small profit during the third quarter of 2021 as bookings bounced back from a Delta-variant-related dip early in the three-month period.
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Airline BusinessWizz Air UK seeks ‘scaleable’ growth as testing change boosts demand
New Wizz Air UK chief executive Marion Geoffroy believes the scrapping of the more expensive PCR test for fully-vaccinated travellers from later this month will be a key driver of demand as the carrier ramps up capacity for Christmas travel.
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NewsAir Madagascar placed under court restructuring
Air Madagascar has been placed under a court-appointed restructuring process, the Indian Ocean island nation’s government has disclosed.
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NewsNew EU open skies deal with Qatar includes initial capacity caps
European Union regulators have signed an air transport services agreement with Qatar which includes capacity caps in some key markets before full access is implemented in 2024.
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NewsEurope’s last MD-11 exits Lufthansa Cargo service before sale to Western Global
Lufthansa Cargo’s last Boeing MD-11 freighter completed its final service with the European carrier on 17 October, before its sale to US operator Western Global Airlines.
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Airline BusinessArrivederci Alitalia as famous brand bows out – for now
Italian national carrier Alitalia will carry out its last flight today as the company ceases operations, though it remains to be seen if it is the last time the long-standing and familiar brand is seen in the air.
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NewsIATA’s Walsh slams UK testing policy and Heathrow charges
In addressing the Aviation Club in London on 13 October, IATA director general Willie Walsh was back on familiar territory - both in terms of location and subject matter.
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NewsSAA tie-up reflects need for African airline collaboration: Kenya Airways chief
African airlines must work together to “change the face of aviation” if the region’s industry is to be competitive after the Covid-19 pandemic, in the view of Kenya Airways Group chief executive Allan Kilavuka.
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NewsGol foresees 50% drop in third-quarter revenue versus 2019 level
Brazilian low-cost carrier Gol expects to report third-quarter net operating revenue down 50% from the same period of pre-pandemic 2019.
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NewsGreat Dane Airlines declared bankrupt
Scandinavian regional carrier Great Dane Airlines has today been declared bankrupt, a short message on its homepage says.
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Airline BusinessHow the crisis tested airline-lessor relationships
When the Covid-19 pandemic devastated global passenger demand in early 2020, it set off a wave of rent deferral and restructuring requests from airlines to their lessors and asset managers. The scale of the cross-party correspondence, the legal and technical talks, and the contractual negotiations that this created can only ...
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NewsTata confirms selection as winning Air India bidder
Executives from Indian conglomerate Tata Sons have confirmed the group has won the bidding for struggline national carrier Air India.
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Airline BusinessHow IATA thinks airlines could reach net-zero CO2 emissions by 2050
For some airlines, the net-zero target was nothing new. But for all carriers, the important task is working out how to get there – and then implementing that plan.
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Airline BusinessWorld Airline Rankings: No region left unscathed by crisis
While some Asia-Pacific operators benefited from access to large domestic markets and strong freight activity, international operators in the region were among the hardest hit in terms of reduced passenger traffic.
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Airline BusinessWorld Airline Rankings: Hard hit low-cost carriers lead recovery efforts
Paradoxically, low-cost carriers have been among both the hardest hit and best positioned to counter the pandemic.
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Airline BusinessWorld Airline Rankings: How crisis slashed revenues and drove industry to the red
Revenue among the 100 biggest airline groups was slashed by more than half last year, from $787 billion in 2019 to $364 billion for the same group of operators.