All Strategy articles – Page 196
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AtlasGlobal suspends operations until mid-December
Turkish carrier AtlasGlobal announced today that it will halt operations until December owing to economic problems.
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INTERVIEW: SMBC Aviation Capital chief executive Peter Barrett
Three decades ago, Peter Barrett would be sitting in a lonely office manning the phones of Guinness Peat Aviation’s (GPA) Dublin office. As an analyst he the unenviable job of staying late to finish his work and answer the phone if it rang. This was Barrett’s initiation.
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PodcastPODCAST: Airline Business on Air Europa, Brazil, Emirates, Max
The new edition of the Airline Business podcast is now available.
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Airline BusinessQantas aligns with Asia growth
Asia remains a long-term growth opportunity for Qantas Group, with Qantas and Jetstar “playing where we can win in Asia”, investors were told at the Group’s recent investor day.
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Rex warns of up to 30% profit downgrade
Regional Express (Rex) is warning that its profits could be down 20-30% for financial year 2020 compared with the previous year due to “a very challenging economic environment ahead”.
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NewsSilver Airways begins flying ATR 72-600
Regional carrier Silver Airways has become the first US airline to fly the ATR 72-600 aircraft as it continues to upgrade its fleet, the company says in a statement on 25 November.
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In depthTim Clark on the vital role the UK plays for Emirates
Tim Clark, president of Emirates Airline, tells FlightGlobal ahead of his appearance at next month’s Airlines 2050 conference in London that the UK market is critical to the carrier’s current and future success.
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NewsVietJet Air’s third-quarter profit up 12%
VietJet Air boosted operating profit 12% in the third quarter, to D1.91 trillion ($90.4 million), as revenue and passenger numbers rose.
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AAPA sees trade, slowing economy affecting airline sector
The Association of Asia Pacific Airlines (AAPA) sees a number of danger signs that could affect the prospects for the industry, and believes governments could do more to facilitate air transport in the region.
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SAA agrees conditional wage rise to end strike
South African Airways has reached a conditional agreement to end the week-long industrial action initiated by two of the carrier’s unions.
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Jetlines sues Neeleman for $27m, alleges financing interference
Airline startup Canada Jetlines has sued industry executive David Neeleman and two Neeleman-affiliated companies, alleging they unlawfully derailed Jetlines’ financing plans as they poached Jetlines former chief executive Lukas Johnson.
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Airline BusinessClark on how Emirates has adapted to changing conditions
Tim Clark has spent literally half of his life steering – and subsequently leading – Emirates Airline on an incredible journey to become one of the world’s most successful, well-known and feared network carriers.
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SAA faces legal bid to force court-appointed rescue
South African trade union Solidarity is making a legal bid to have embattled flag carrier South African Airways placed under formal business rescue.
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NewsBrazil takes steps towards realising airline potential
Brazil’s commercial aviation market can appear as infuriating as it is irresistible.
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Alitalia unions demand urgent resolution as bid deadline passes
Italian flight unions are pressing the country’s government to establish firm conditions which will enable a relaunch of Alitalia, after the latest bid deadline for the troubled flag carrier passed.
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American Airlines will add 20 new routes for summer 2020
American Airlines says it will be flying at least 20 new seasonal routes starting in the summer of 2020, including to Martha’s Vineyard and Nantucket, as well as additional connections from two secondary US cities to its Latin American Gateway hub, Miami.
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TAP deploys A321LRs for transatlantic expansion
Portuguese carrier TAP is to open new transatlantic services with its long-range Airbus A321LR fleet, operating to Montreal, Boston via the Azores, and a new Brazilian destination.
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Embattled SAA temporarily halts Hong Kong services
South African Airways is suspending its Hong Kong service for three weeks owing to losses it is incurring on the route, which have deepened as a result of the political unrest in the territory.
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Airline BusinessBlue Air chief prioritises profitability over growth
Sustainable profitability is something that Romania’s Blue Air has struggled to achieve over the past decade, only sporadically ending the year in the black.
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News
JAL buys out Mitsubishi’s stake in Jetstar Japan
Japan Airlines (JAL) now holds 50% of the voting rights stock in Jetstar Japan, after acquiring Mitsubishi Corporation’s entire 16.7% stake in the budget airline.