All Strategy articles – Page 209
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News
JetBlue cargo reboot focuses on East Coast
JetBlue Airways is getting back into the cargo business.
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News
Sun Country cuts unit costs as growth drive continues
The transformation and expansion of US discount carrier Sun Country continues, with its chief executive saying his airline will expand 35% this year while reducing seat-per-mile costs to less than six cents.
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News
American, LATAM to drop Chile from JV application
American Airlines and LATAM Airlines Group expect to submit to regulators an amendment to their joint venture application before year end, reviving a process derailed In May by a Chilean court.
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News
Fosun takes 25% stake in Thomas Cook airlines in recapitalisation
Thomas Cook Group has agreed that China-based Fosun Tourism Group, already its largest shareholder, will acquire 75% of the tour-operator business and 25% of the airlines unit in return for a capital injection.
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News
China Southern first half profit rises 12%
China Southern Airlines saw an 11.8% increase in operating profits for the first half of the year to CNY5.23 billion ($730 million), on the back of better cost control.
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News
Creditors try again to woo new investors for Jet Airways
The resolution professional handling the insolvency of Jet Airways has again extended the expression of interest process in hopes of finding investors willing to revive the stricken carrier.
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Smith, Macarthur out as Virgin Australia rejigs executive team
Chief financial officer Geoff Smith and acting chief commercial officer Merren Macarthur will leave Virgin Australia before the end of the year as part of a restructure of its executive team.
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News
Passaredo acquires MAP to create regional powerhouse in Brazil
Brazilian regional airline Passaredo has acquired compatriot carrier MAP.
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Southwest will retain 'Max' moniker when grounding lifts
Renaming the Boeing 737 Max is off the table at Southwest Airlines.
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Hawaiian, Southwest address their clash within Hawaii
Hawaiian Airlines insists it has the market presence needed to hold its own against newcomer Southwest Airlines on intra-Hawaii routes.
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News
Air Canada Transat takeover unlikely to close in early 2020
Air Canada's proposed takeover of Transat may not close until the second half of 2020, with Transport Canada given up to 2 May to complete a public interest assessment of the transaction.
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News
Trade war makes talk of Air China-United joint venture academic
Air China would like to establish a joint venture with United Airlines, but current tense US-China trade tensions make such an arrangement all but impossible, according to an Air China executive.
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News
ANNOUNCEMENT: Leading airline speaker line-up for Miami conferences revealed
Packed agendas feature airline speakers from Air France-KLM, Southwest Airlines, WestJet Encore, Delta and United Airlines
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Airline Business
Hogg the fall guy as China shines spotlight on Cathay
Cathay Pacific’s chief executive Rupert Hogg resigned on 16 August after the airline had become a focus for mainland media and regulatory scrutiny amid pro-democracy protests in Hong Kong.
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Malindo Air names new chief executive
Malindo Air has named Mushafiz Mustafa Bakri its new chief executive, where he will succeed Chandran Rama Muthy on 23 September.
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Cathay warns against planned union protests at operations hub
Cathay Pacific has warned its employees against taking part in a planned protest at its main headquarters on 26 August.
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Volga-Dnepr replaces AirBridge chief in restructuring bid
Russian freight specialist Volga-Dnepr Group is undertaking a restructuring effort, including a change of leadership at its AirBridgeCargo operation.
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Ryanair goes head-to-head with Wizz from Southend
Budget carrier Ryanair yesterday announced plans to add Bucharest and Vilnius routes from London Southend – just hours after rival Wizz Air confirmed its intention to serve those same destinations from the UK airport.
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News
Capacity cuts lead AirAsia X to wider Q2 loss
Lower capacity as it terminated some routes led AirAsia X to post an operating loss of MYR110 million ($26.3 million) for the second quarter.
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Airline Business
LATAM JV decision raises questions about role of courts
Competition issues about joint ventures and antitrust immunity for airlines typically are handled by transportation or competition regulators. Courts rarely intervene. But Chile’s Supreme Court recently set an example for courts not only to play a role, but to have the final say on airline joint ventures.