All Strategy articles – Page 121
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NewsUnited Airlines forms venture-capital arm to advance clean-energy technology
United Airlines has formed an investment company called United Airlines Ventures, through which the carrier intends to invest in emerging clean-energy technologies.
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NewsHong Kong Airlines goes to ‘critical survival mode’, flying only eight jets
Hong Kong Airlines (HKA) will stand down its fleet of Airbus A320s until mid-2022 and operate a skeletal fleet of just eight A330s on cargo flights, as the embattled carrier enters what it calls “a critical survival mode”.
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NewsJetBlue sees Q2 capacity down 15% compared to 2019
JetBlue Airways expects second quarter capacity to be 15% lower than during the same period in pre-coronavirus 2019 as the airline gears up for progressively higher demand as vaccination rates rise and fears around Covid-19 fade.
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NewsCanada ditches government hotel-stay quarantine for vaccinated citizens
Canada plans to allow vaccinated citizens and permanent residents arriving from abroad to bypass the mandatory quarantine in a government-authorised facility, a first tentative step as in the country’s re-opening to international travel.
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NewsIATA unhappy at wider picture but welcomes reopening of France and Spain
IATA has welcomed moves by France and Spain to relax border restrictions this week, as it continues to lament the lack of harmonised measures to facilitate a wider reopening of international air travel markets
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NewsWestJet chief executive Sims to retire at the end of 2021
WestJet chief executive and president Ed Sims will retire at the end of the year, citing family reasons.
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NewsGaruda Indonesia negotiates with lessors for return of up to 50 jets
Garuda Indonesia has shed more light on its operating circumstances, including on the skeletal fleet it is operating amid the coronavirus pandemic, as well as measures taken to cut costs.
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NewsAirAsia’s first dedicated freighters to begin operations in Q3
AirAsia will operate its first dedicated cargo aircraft — a Boeing 737-800 freighter — in the third quarter of the year, as the low-cost giant doubles down on expanding in the region’s fledgling cargo market.
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NewsDomestic Covid-19 resurgence to push Rex to full-year loss
Australia’s Regional Express has revised its full-year earnings forecast — from breaking even to a pre-tax loss — as a resurgence in coronavirus cases has forced a significant number of flight cancellations.
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NewsGol acquires regional operator MAP for R$28 million
Brazilian low-cost carrier Gol will acquire compatriot and regional operator MAP Linhas Aéreas, in a R$28 million ($5.56 million) deal that will give Gol a boost in its domestic network.
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NewsRestructuring ‘deemed necessary’ to help Hong Kong Airlines stay afloat
Embattled Hong Kong Airlines (HKA) has hinted at restructuring into a “leaner and more efficient” carrier, as the coronavirus pandemic worsens its shaky financial situation.
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NewsUS and Canadian airlines call for border opening
US and Canadian airlines have appealed to the government of Canadian prime minister Justin Trudeau to ease travel restrictions between the countries, insisting high vaccination rates on both sides of the border make safe travel possible.
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Airline BusinessUK airlines forced back into holding pattern as government plays it safe
After the UK government’s first announcement of its “green list” in early May caused airline dismay at the slim pickings on show, the first review of that list on 3 June has surprised many by only increasing industry frustration.
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NewsAmerican expects business travel to return more quickly
American Airlines says business travel is returning more quickly than originally expected, and leisure bookings will continue to remain strong through the coming months.
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NewsEmirates adds first Miami flights as Gulf carriers embrace US return
Emirates is to launch its first service to Miami in July, the latest step as Gulf carriers build back their US networks to pre-Covid crisis levels.
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Airline BusinessThe airline start-ups trying to confound Covid crisis by launching during pandemic
FlightGlobal has spoken to the leaders behind start-ups across Africa, Asia, Europe and the Americas about their respective launch carriers’ ambitions and for perspectives on starting an airline during the crisis.
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NewsRyanair loads take small step forward in May
Ryanair carried 1.8 million passengers in May, its highest amount since December but still well down on the 14 million it flew in the corresponding month before the crisis.
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NewsAirAsia X gets shareholders' nod for restructuring
Beleaguered AirAsia X has gained shareholder approval to proceed with its corporate restructuring plan, as it reiterated its commitment to an operational restart “as soon as possible”.
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NewsVolotea sees capacity 30% above pre-crisis levels this summer
European carrier Volotea expects to lift seat capacity by around a third this summer compared to its pre-Covid peak in 2019 fuelled by the addition of 70 new routes.
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Airline BusinessLift flags fresh approach as key in tough South African market
Few airline markets have been as challenging as South Africa, even before the Covid crisis hit. Yet the tough climate did not deter South African carrier Lift from joining the fray in December last year. Indeed, in many ways, it helped its entry.