All Strategy articles – Page 114
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NewsAvianca submits reorganisation plan to US bankruptcy court
Colombia’s flag carrier Avianca has submitted a reorganisation plan to a US bankruptcy court.
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NewsUS charter carrier Global Crossing Airlines begins passenger operations
Global Crossing Airlines, a charter carrier based in Miami, has begun passenger operations.
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NewsSouthwest cuts third-quarter financial expectations as Covid-19 infections surge
Southwest Airlines has trimmed its third-quarter revenue forecast to reflect declining demand for air travel and a jump in ticket cancellations – both stemming from surging Covid-19 infections.
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NewsWake up: US airlines warn smelling-salt shortage could cause flight cancellations
US airlines are asking regulators to wake up to a shortage of smelling salts, also called ammonia inhalants.
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NewsVirgin Atlantic eyes autumn IPO: report
Virgin Atlantic is preparing an initial public offering in London for this autumn, as it hopes for a return of transatlantic travel, Sky News reported on 8 August.
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NewsFrontier joins United in requiring all employees be vaccinated
Following United Airlines’ lead, Frontier Airlines will require all employees to be vaccinated against the coronavirus from 1 October.
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NewsUnited to require vaccines for all US-based employees
United Airlines is the first US passenger air carrier to require all US-based employees to be vaccinated against Covid-19.
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NewsAtlas Air’s Q2 profit rises as airfreight remains in high demand
Atlas Air Worldwide Holdings boosted its second quarter earnings as demand for air cargo services remains high.
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NewsCopa posts small Q2 profit despite travel restrictions
Copa Holdings, parent of Panama’s Copa Airlines, achieved a small profit during the second quarter of 2021 as operations began to normalise following the long Covid-19-driven disruption.
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NewsQatar Airways grounds 13 A350s over fuselage surface degradation concerns
Qatar Airways has grounded 13 Airbus A350s citing an order from the state’s regulator over concerns that the fuselage surface below the paint is degrading at an accelerated rate.
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NewsSAA closes in on relaunch after operating licence renewed
South African Airways has taken a step closer to resuming operations after the country’s civil aviation regulator renewed the carrier’s operating licence.
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NewsTransatlantic ‘already leading the recovery’ of Lufthansa long-haul business
The opening up of many European countries to non-essential travellers from the USA has kick-started a significant recovery in Lufthansa Group’s transatlantic passenger traffic.
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NewsFrontier sees ‘softening’ demand due to delta variant
Frontier Airlines says more passengers returned to air travel during the second quarter, propelling the carrier to a small net profit, but that it is seeing “softening” in bookings as concerns about the rapid spread of the coronavirus’ “delta” variant grow.
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NewsUS start-up GlobalX aims to launch flights this week
US start-up carrier GlobalX Airlines hopes to begin passenger charter flights this week.
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NewsChorus Aviation agrees to lease two Dash 8s to hopeful US start-up Connect Airlines
Canadian aircraft lessor Chorus Aviation Capital has reached deals to lease two De Havilland Canada Dash 8-400 turboprops to the company working to launch a US carrier called Connect Airlines.
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NewsSpirit’s operational woes continue for fourth day
Spirit Airlines is struggling to complete flights for the fourth straight day amid system-wide disruptions due to inclement weather and staffing bottlenecks.
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NewsUS start-up GlobalX lands FAA operating certificate
US start-up GlobalX has received an aircraft operating certificate from the Federal Aviation Administration, moving the company closer to starting passenger charter flights, says GlobalX’s media representative.
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NewsBritish Airways signals A380 return with extended maintenance contract
British Airways has extended the maintenance contract for its 12 Airbus A380s, further signalling its intent to return all of its superjumbos to service.
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NewsTrans-Tasman bubble woes to widen Air NZ losses
Air New Zealand has forecast a worst financial performance in the coming year, as the pause in the Trans-Tasman travel bubble is expected to have a significant impact on earnings.
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NewsUS business travel could hit 80% of 2019 levels by end-2022, pandemic effects could last longer: report
US corporations’ travel spending will likely inch up to 25-35% of 2019 levels by the end of 2021 and up to 80% by the end of 2022 – though full recovery depends on how significantly the pandemic changed corporations’ view of business travel.