All Strategy articles – Page 155
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NewsAir cargo capacity recovery stalled in August: IATA
Efforts to restore air cargo capacity made little progress in August as the market remained hamstrung by grounded passenger fleets, new IATA figures reveal
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Airline BusinessAir Astana puts post-crisis focus onto domestic and leisure markets
Strong business in the Kazakh domestic market and an increased focus on point-to-point and leisure routes are key to revamped activity at Air Astana as the global pandemic continues to change the airline market.
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NewsAir Serbia settles debt with Etihad bondholders
Air Serbia has disclosed its repayment of a $57.6 million loan from special-purpose vehicle EA Partners.
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NewsCorsair shareholder to sell majority stake
Corsair’s majority shareholder Intro Aviation intends to sell its stake in the French carrier.
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NewsIATA lowers 2020 passenger traffic hopes on stalled recovery
Airline trade body IATA has lowered its expectations for global passenger traffic this year amid a plateauing in the recovery and bleaker forward booking indicators. IATA now anticipates passenger traffic, as measured in RPKs, this year will be 66% down on 2019 levels. This marks a deterioration on its previous ...
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NewsUnited pilots agree to belt-tightening measures to avoid furloughs
United Airlines’ pilots have agreed to measures, including a reduction in flight hours, that would avoid 2,850 furloughs that had been scheduled to begin later this week.
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NewsAegean Airlines first-half revenue falls by two-thirds
Greek carrier Aegean Airlines saw its earnings collapse by 64% in the first half and is warning that the “least predictable winter ever” lies ahead.
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NewsWizz chief lambasts slot-rule waiver as ‘complete nonsense’
Jozsef Varadi says the waiving of airport slot-allocation rules prevents the central European budget carrier from establishing new operations.
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Airline Business‘Antifragile’ airlines have the edge
Carriers seeking a strong recovery from coronavirus should focus on how adversity can drive change for the better, writes Shashank Nigam of airline marketing specialist SimpliFlying
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NewsAirbus chief seeks ‘urgent reframing’ of aviation/climate debate
Airbus chief executive Guillaume Faury argues that the sector’s “role in society” is at risk amid growing calls for a reduction in flights to curb emissions.
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NewsWizz and KLM scale back European capacity amid restrictions
Wizz Air has again reduced its capacity outlook for October while KLM has put its short-haul network expansion plans “on hold” as ongoing coronavirus-related travel restrictions force Europe’s airline sector to apply the brakes to its recovery.
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NewsVaccine key to airline recovery: United’s Munoz
United Airlines executive chairman Oscar Munoz says that a vaccine which will protect travellers against the coronavirus will be key to the industry’s recovery.
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NewsSecond US airline aid package faces ‘tough, tough road’: JetBlue exec
A second tranche of financial aid for US airlines is integral for the health of the industry, New York-based JetBlue Airways president and chief operations officer Joanna Geraghty says.
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NewsUnited introduces coronavirus testing for Hawaii-bound customers
United Airlines will introduce coronavirus testing for passengers in an effort to get customers back in aircraft as the global coronavirus crisis drags on.
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NewsKLM chief questions aims of EU sustainability policies
Pieter Elbers does not “precisely understand what’s the objective” of some Commission targets
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NewsRyanair winter bookings are at ‘10% of normal volumes’: O’Leary
Low-cost carrier Ryanair is attempting to stimulate demand for winter travel by launching a buy-one-get-one-free flight offer and waiving change fees for tickets purchased in October and November, as it reports that bookings for the last two months of the year are significantly down on previous years.
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Airline BusinessSouth Africa’s airline sector can overcome challenges
The country has been hit hard by Covid-19, exacerbating connectivity challenges created by SAA’s retrenchment, but there is hope that the sector will recover, writes Zuks Ramasia, chief executive of the Board of Airline Representatives of South Africa
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NewsCMA CGM to take stake in French airline parent in freight push
Shipping transport and logistics group CMA CGM has signed a memorandum of understanding to take a 30% stake in Groupe Dubreuil Aero, shareholder of carriers Air Caraibes and French Bee.
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Airline BusinessAirAsia’s Fernandes doubles down on digital as domestic market improves
AirAsia Group chief executive Tony Fernandes reiterated comments made earlier that its domestic and short-haul flights will recover faster, with the low-cost model better poised than its full-service counterparts.
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Airline BusinessFor airlines, a focus on 'getting back to 2019 ' ignores reality
As with many coronavirus crisis-related discussions – involving airlines or otherwise – it is tempting to focus on getting back to how things were, even at the cost of considering that some changes might be for the better.