All Strategy articles – Page 122
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NewsStobart Air sale delayed after buyer hits financing hurdle
The proposed sale of regional operator Stobart Air and Carlisle Lake District airport has hit turbulence after the buyer’s proposed financing for the deal fell through.
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NewsAirlines and airports warn Covid-19 checks could cause ‘summer chaos’
An “unprecedented operational challenge” is ahead for airlines and airports in the coming months, as they grapple with time-consuming Covid-19 checks and space-constrained facilities during the expected recovery in passenger traffic, according to key industry trade bodies.
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NewsAustrian completes phase-out of Dash 8 fleet
Austrian Airlines carried out its last De Havilland Dash 8-Q400 turboprop flight on 31 May, completing the retirement of the type from its fleet.
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NewsAuditor questions Indonesia AirAsia’s future amid full-year losses
The parent company of Indonesia AirAsia plunged to the red in its full-year earnings, as its auditors cast “significant doubt” on the carrier’s future.
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NewsJapanese operators Air Do, Solaseed Air to merge
Japanese regional operators Air Do and Solaseed Air will merge by 2022, in what appears to be the first signs of consolidation in the country’s airline market in recent years.
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NewsRyanair lashes out at Irish government over quarantine for UK travellers
Ryanair has strongly criticised the Irish government’s reluctance to allow quarantine-free travel to the country from the UK amid concerns about the spread of a likely more-transmissible variant of Covid-19 first identified in India.
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NewsCanadian travel sector presses government for reopening strategy
Representatives from Canada’s airlines, airports and tourism sector have called on the government to quickly develop a national strategy to reopen the country to travel.
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NewsGaruda Indonesia targets cargo revenue increase amid restructuring rumours
Beleaguered Garuda Indonesia is planning to significantly boost its cargo revenue in the near-term, as part of efforts to stem its losses amid the coronavirus outbreak.
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NewsHawaiian shutters Ohana regional subsidiary
Hawaiian Airlines has pulled the plug on its Ohana by Hawaiian subsidiary as the pandemic and ongoing risk mitigation measures have led to a sharp decline in neighbour island service demand.
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NewsAirAsia Group targets recovery in two years after Q1 loss widens
Ongoing travel restrictions have contributed to a 2.4% year-on-year widening of AirAsia Group’s first-quarter net loss, to MYR976 million ($235.8 million).
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NewsEcuatoriana strives to revive aviation history, only better
The small Latin American nation of Ecuador is preparing for a new airline with a familiar name that promises to revolutionise the country’s domestic transportation network.
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Airline BusinessWhy Icelandic start-up Play is taking measured approach to growth
Whilst the pandemic means Icelandic budget start-up Play has had to bide its time before launching, chief executive Birgir Jonsson says the carrier will remain patient in adding capacity in a bid to resist the pitfalls of over-expansion.
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NewsGol expects second-quarter net operating revenues of $188 million
An improvement in Gol’s domestic flight sales in May has led the Brazilian carrier to revise its outlook for the second quarter, for which it expects to report net operating revenues of R$1 billion ($188 million).
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NewsTransat COO Guerard to succeed retiring chief Eustache
Transat AT chief operations officer Annick Guerard will become chief executive of the company on 27 May, succeeding current CEO Jean-Marc Eustache, who is retiring.
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NewsNorwegian exits bankruptcy after shedding two-thirds of its fleet
Norwegian has “successfully emerged” from bankruptcy protection with a much slimmed down fleet of 51 aircraft, all of which will be operated on a by-the-hour basis until the first quarter of next year, the airline has disclosed.
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NewsEmirates chief warns Boeing it could reject 777-9 on performance grounds
Emirates has warned Boeing that it will not accept its first 777-9 aircraft unless they are “performing 100% to contract”, as the Middle Eastern carrier continues to lament a lack of clarity over when deliveries of the type will begin.
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NewsPost-summer US travel demand uncertain: American
At the moment, US airlines are riding a surge in demand for domestic leisure travel this summer.
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NewsQantas puts 787s on domestic flights in capacity ramp-up
Qantas will deploy its Boeing 787-9s on domestic flights for the first time since the type entered its fleet, as part of a capacity expansion that will also see seven new domestic routes launched.
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NewsGaruda Indonesia reportedly eyeing fleet cuts as part of ‘complete’ restructuring
Beleaguered Indonesian flag carrier Garuda Indonesia could halve its fleet to “no more than 70 aircraft”, reportedly as part of restructuring efforts to turn the airline around.
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NewsDelta hires GE executive Janki as new CFO
Delta Air Lines has hired longtime General Electric executive Daniel Janki as its next chief financial officer.