All Strategy articles – Page 144
-
NewsSIA deepens co-operation with Indian joint venture Vistara
Singapore Airlines and its Indian joint venture Vistara have inked a commercial cooperation framework agreement, widening its existing areas of partnership.
-
Airline BusinessHow cargo revenue has offered a lifeline to carriers
The shortage of air freight capacity amid the coronavirus pandemic has offered opportunity for airlines, lessors, and cargo carriers to eke out some precious revenue. Half of global air freight in 2019 was carried in the bellies of passenger aircraft, so the grounding of thousands of aircraft this year depressed ...
-
NewsUS airlines hike Q4 cash burn estimates
US airlines are warning that exploding coronavirus case counts across the country have sparked a new wave of cancellations which will negatively affect their business in the current quarter, including expectations of higher-than-previously-forecasted cash burn.
-
NewsRyanair cements Italian presence with Venice Treviso base
Low-cost carrier Ryanair is to open a base at Venice Treviso airport in March, the airline’s 15th in Italy. Ryanair will base two aircraft there from 30 March, adding 18 new routes from the airport in the process. That will take to 45 the number of services it will operate ...
-
Airline BusinessBailouts renew states’ influence on European airlines
Decades after airlines started moving out of government control and competing in a deregulated market, the issue of state intervention has been brought sharply back into focus by the Covid-19 pandemic.
-
NewsAlliance Aviation expects better H2 earnings on charter ops
Alliance Aviation expects to report a A$26 million ($19 million) underlying profit before tax for the July to December period, attributing it to robust contract and charter operations in the resource sector. This compares with A$15.5 million in the year-ago period, while approximately A$7.5 million in government grants under the ...
-
NewsSouthwest warns 6,828 employees of impending job losses
Southwest Airlines has warned 6,828 employees that their jobs may be at risk, the first large-scale involuntary furlough scheme at the company since the beginning of the coronavirus crisis.
-
NewsRyanair follow-on Boeing 737 Max order to drive return to growth
Ryanair expects to have around 80 Boeing 737 Max 8-200s in its fleet for summer 2022, enabling the carrier to return to growth following the heavy drop in traffic resulting from the global pandemic. The European low-cost carrier today placed another eye-catching Boeing order, becoming the first airline to sign ...
-
NewsDelta introduces contact tracing for international travellers
Delta Air Lines is the first major US carrier to introduce contact tracing for passengers arriving from overseas.
-
NewsRyanair orders 75 more Boeing 737 Max jets
European low-cost carrier Ryanair has ordered 75 more Boeing 737 Max aircraft, lifting its firm commitments to the type to 210.
-
NewsWill crisis prompt airlines to bite the bullet on what they charge for?
As Lufthansa ends free meals on short-haul flights and EasyJet cuts cabin bag allowance, will more airlines follow in trimming what passengers get for their basic fare?
-
NewsQantas flags A$11 billion full-year revenue hit amid optimism about recovery
Qantas Group anticipates an A$11 billion ($8.1 billion) revenue drop for the year ending June 2021, but remains optimistic about recovery prospects amid a “vast improvement in trading conditions” in recent months.
-
NewsTUI secures third government bailout since April
TUI is set to receive a €1.8 billion ($2.2 billion) financial support package from German government fund WSF, largest shareholder Unifirm and a consortium of banks, aimed at securing the tourist group’s operation amid the coronavirus crisis.
-
Airline BusinessParadox of the Asia-Pacific airline market recovery
When trying to gauge the prospects for a recovery in air travel, the Asia-Pacific market paradoxically offers both reasons for some of the brightest optimism and greatest concern for airlines. On the one hand Asia-Pacific carriers seem well placed in the mid-term to benefit from continued strength in the air ...
-
Airline BusinessWhat challenges do airlines face as they reintroduce Boeing 737 Max jets?
With the US Federal Aviation Administration’s long-awaited recertification of the Boeing 737 Max being swiftly followed by the same from Brazil’s ANAC, carriers in the Americas are preparing to reintroduce the narrowbody type to paying passengers.
-
NewsKorean Air to present Asiana ‘integration plan’ in March
Korean Air will prepare an “integration plan” by March relating to its acquisition of embattled rival Asiana Airlines, as it vows not to cut any jobs following the consolidation of the two carriers.
-
NewsANA in partnership to review SAF supply chains
All Nippon Airways is one of six Japanese companies to reach an agreement about studying carbon recycling business models, and the partners aim to streamline sustainable aviation fuel (SAF) supply chains.
-
NewsUS lawmakers reportedly earmark $17b for airlines in new coronavirus stimulus package
US lawmakers in Washington, DC have submitted a bi-partisan relief package worth $908 billion to extend coronavirus-crisis-driven financial aid after the previous bill, called the CARES Act, expired on 1 October.
-
NewsCondor emerges from ‘protective shield’
Condor has confirmed its exit from ‘protective shield’ proceedings implemented to establish the former Thomas Cook subsidiary as a standalone company. The German leisure carrier was placed under a first protective shield, which involved a €380 million ($455 million) bridging loan from the national government, following Thomas Cook’s collapse in ...
-
NewsCourt dismisses injunction to block Korean Air’s Asiana acquisition
Korean Air’s multi-billion dollar bid to take over rival Asiana Airlines cleared a critical legal hurdle, after a Seoul district court dismissed an attempt to block the acquisition.