All Strategy articles – Page 134
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NewsLufthansa Group fleet fell by six aircraft in 2020, but dozens will follow
Lufthansa Group’s fleet was just six aircraft smaller year on year on 31 December 2020, as it made tentative steps towards a much larger reduction.
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NewsSpirit chief bets on A320neos and A321neos for capacity growth
Spirit Airlines continues to target mid-2021 as the inflection point when its capacity returns to pre-pandemic levels and is betting on new Airbus A320neo and A321neo aircraft for its expansion plans, two executives from the carrier said during an online discussion on 3 March.
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NewsSky Regional to cease operations end-March: reports
Sky Regional airlines will cease to operate from 31 March after Air Canada transferred all of its Air Canada Express flying to Jazz Aviation, according to numerous reports in Canadian media.
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NewsMesa plans joint venture to fly CRJ900s in Europe
Mesa Air Group on 2 March announced a conditional agreement with London-based Gramercy Associates to launch a joint venture to operate Mesa’s Bombardier CRJ900 aircraft on passenger or cargo routes in Europe by the end of 2021.
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NewsFleet, staff cuts loom at struggling Thai Airways
Embattled Thai Airways has outlined ambitious plans for a post-restructuring future, including simplifying its fleet structure and cutting the number of staff.
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NewsBreeze plans summer launch of flights and ‘super app’: Neeleman
Breeze Airways’ co-founder and chief executive David Neeleman expects his new Salt Lake City-based low-cost airline will be operating flights before this summer, in the process acclimating travellers to an app-centred customer experience.
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NewsDelta to shift all pilots to ‘active’ status by October
Delta Air Lines intends to return all its pilots to “active-flying status” by October, part of the carrier’s effort to prepare for returning to 2019 capacity by summer 2023.
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NewsTurkish Airlines posts $836m net loss for 2020 despite freight boost
A strong rise in cargo revenues helped Turkish Airlines end 2020 with a profitable final quarter at an operating level, though the Star Alliance carrier still posted a net loss of $836 million for the full-year.
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NewsRyanair and Wizz fly less than a million passengers between them in February
Ryanair and Wizz Air passenger numbers were down 95% and 87%, respectively, in February as the two European low-cost airlines carried less than a million passenger between them during the month.
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NewsAir Canada to shift E175s from Sky Regional to Jazz
Air Canada intends to transfer the operation of 25 Embraer 175s from Sky Regional to Jazz Aviation, making Jazz the sole operator of Air Canada Express flights and leaving the future of Sky Regional uncertain.
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NewsLATAM set to expand freighter capacity with 767 conversions
LATAM Airlines will expand its freighter capacity by as much as 80% under a plan covering the conversion of up to eight Boeing 767-300ER aircraft.
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NewsCanada’s Porter again pushes back restart date
Canada’s Porter Airlines has again delayed its restart, now saying it will resume operations on 19 May.
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NewsAirAsia X continues loss-making streak amid grounding, restructuring
Beleaguered AirAsia X stayed in the red at the operational level, despite narrowing its losses on a quarter-to-quarter basis.
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NewsCzech Airlines files for reorganisation
Czech Airlines (CSA) has filed for reorganisation under insolvency regulations as “the last option to save the company” unless it receives government financial support.
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NewsBA premium-economy roll-out plays well for recovery phase: Doyle
British Airways chief executive Sean Doyle believes the increased mix of premium-economy seating in its capacity is well timed to cater for the likely slower pick-up in business traffic during the pandemic recovery phase.
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NewsIAG sees long-haul driving passenger revenues since September
IAG carriers British Airways and Iberia have been generating the majority of their passenger revenues from long-haul flights in recent months, driven by resilient demand for visiting friends and relatives (VFR) travel.
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NewsNorwegian posts $2.7bn annual loss
Norwegian made a net loss of NKr23 billion ($2.7 billion) in 2020, dramatically deepening one of NKr1.61 billion in 2019, as its long-haul low-cost business model was devastated by the Covid-19 pandemic.
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NewsGallego sees Air Europa deal more likely to close in late 2021
IAG chief executive Luis Gallego expects completion of the group’s planned acquisition of Spanish carrier Air Europe to be nearer to year-end, having set a second-half target to close the delayed deal.
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NewsIAG to operate 20% of capacity in first quarter after tumbling to €7.4bn loss
British Airways and Iberia parent IAG expects to operate just a fifth of its 2019 capacity in the first quarter after disclosing it swung to a €7.43 billion ($9.1 billion) operating loss last year. IAG posted a €1.47 billion loss for the fourth quarter, a period in which it operated ...
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NewsIAG names new Aer Lingus chief
IAG airline Aer Lingus has appointed Lynne Embleton as its new chief executive, effective 6 April, replacing interim head Donal Moriarty.