All Strategy articles – Page 191
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Airline BusinessWhich airline CEOs face the biggest challenges in 2020?
Our annual assessment of some of the airline chief executives from across the world who are facing the biggest challenges – and, in several cases, opportunities – over the next 12 months
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NewsCDB Aviation’s fleet grew 20% in 2019
CDB Aviation acquired 40 aircraft on operating lease in 2019, growing its fleet by 19.7% year-on-year. In a statement summarising last year’s activity, the lessor says it signed lease transactions for 54 aircraft, along with agreements to sell 22 aircraft and acquire 17. Financing transactions inked during the year are ...
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NewsNAC fleet reaches 500 aircraft
Nordic Aviation Capital has increased its fleet to 500 aircraft and posted its best first-half financial performance for the first six months of its current financial year. The Danish regional aircraft lessor, which has just opened a new headquarters building in the Irish city of Limerick, says it almost doubled ...
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Airline BusinessChief executive Peter Ingram on leading Hawaiian Airlines
Two years into his role, Ingram is skilfully guiding the company through an evolution that would test any leader: answering the fierce competition from the US mainland, executing a major joint venture, overseeing a transformational infrastructure project and plotting the carrier’s next geographic and fleet expansion.
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NewsSIA and ANA in joint venture talks: reports
Singapore Airlines (SIA) and All Nippon Airways’ (ANA) are said to be discussing a joint venture partnership, The Straits Times has reported. It says the Star Alliance carriers may seal a deal by the end of this month and the scope of the proposed partnership is for flights between Japan ...
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NewsPutin orders proposals for new far-east Russian airline
Russian president Vladimir Putin has ordered a study into the potential for establishing a new airline for transport in the eastern regions of the country, particularly to remote areas. Putin has instructed prime minister Dmitry Medvedev to submit proposals for setting up an operator which would use Russian-built aircraft types, ...
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NewsAir Greenland opts for A330-800 to modernise fleet
Air Greenland has tentatively agreed to take a single Airbus A330-800 to replace the carrier’s ageing A330-200. The 305-seat aircraft – currently the subject of a memorandum of understanding, according to Airbus – is set to be delivered in 2021. It will mark a powerplant switch for the airline, because ...
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NewsFlybe rejects rivals’ bailout complaints
Flybe has dismissed suggestions by rivals Ryanair, EasyJet and IAG that the UK regional carrier is receiving unfair and illegal state subsidies, following the government’s decision to provide a bailout package.
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NewsIAG removes non-EU ownership limit
IAG has disclosed that the proportion of its shares held by “non-EU persons” has declined to 39.5%, from 47.5% in February 2019, enabling the group to remove maximum limits on non-EU ownership that ensure regulators class it as a European airline.
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NewsSuperjet plan emerges ahead of Adria Airways AOC auction
Collapsed Slovenian flag-carrier Adria Airways’ air operator’s certificate is set to be auctioned on 23 January, and the administrator for the bankrupt company is formally inviting bids. The invitation says the lot being presented for auction effectively amounts to the whole business of Adria, in particular all permits to operate ...
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NewsRomanian government discusses funding to rescue Tarom
Romania’s government has discussed allocating critical financial support to ailing flag-carrier Tarom during a meeting on 16 January. Transport minister Lucian Bode had asked prime minister Ludovic Orban to approve a draft memorandum for granting rescue aid, supplemented with restructuring aid, for 2020. After the meeting the head of the ...
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NewsANA expands Australian network with Virgin codeshare
ANA has inked a commercial partnership agreement with Virgin Australia, a new entrant to the Australia-Japan sector. From 30 January, ANA will place its code on six domestic routes operated by Virgin, from Sydney to Brisbane, Melbourne, Cairns, Canberra, Gold Coast and Adelaide. The partners expect to announce more codeshare ...
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Airline BusinessAirlines face series of challenges in first days of 2020
If airlines were hoping for a quiet start to 2020, several events at the turn of the year have served as a reminder that nothing should be taken for granted.
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NewsRyanair demands industry-wide UK passenger duty exemption
The UK will be in breach of competition and state-aid laws unless it extends the exemption of air passenger duty it has promised Flybe to the wider industry, Ryanair’s Michael O’Leary has argued.
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NewsSouth African Airways to sell nine A340s as part of restructuring effort
South African Airways has put more than half of its Airbus A340 fleet and a variety of spare parts up for sale, as part of efforts to restructure following the carrier’s decision last month to voluntarily enter business rescue proceedings.
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NewsStobart to provide up to £9 million in Flybe funding
Stobart Group has committed up to £9 million ($12 million) in short-term funding for Flybe as part of the Connect Airways’ consortium’s investment to keep the struggling UK regional carrier flying.
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NewsBritish Airways offers promotional prices on Flybe-contested domestic routes
British Airways has included domestic routes in a ticket sale launched two days after the UK government disclosed a rescue deal for regional carrier Flybe.
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NewsKuwait Airways turns in huge full-year loss
Kuwait Airways’ latest full-year financial figures show the airline’s losses worsened to KD131.9 million ($435 million), the equivalent of over $17 million in losses for every aircraft in its fleet. Its revenues for the year to 31 December 2018 rose by 10% to KD344 million. While it slashed overall employee ...
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Airline BusinessEasyJet to make Sharm el-Sheikh return
Low-cost carrier EasyJet’s move to resume flights to the Egyptian resort of Sharm el-Sheikh this summer marks a further UK operator return to what had been a key leisure destination.
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AnalysisWhy Flybe’s market role created a UK political quandary
Struggling UK regional carrier Flybe operates more than a third of the country’s domestic flights and carries more than a quarter of domestic passengers, Cirium schedules data shows.