All Strategy articles – Page 222
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News
IndiGo nixes reports of rift between major shareholders
IndiGo chief executive Ronojoy Dutta has dismissed as “baseless speculation” reports of a rift between its two major shareholders, Rahul Bhatia and Rakesh Gangwal.
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News
SIA Group to lease jets amid 737 Max grounding
The Singapore Airlines (SIA) Group will lease 10-12 Airbus A320 family jets for budget unit Scoot as it works to deal with the continued grounding of the Boeing 737 Max 8.
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News
Indonesia to lower price limit on domestic fares by up to 16%
Indonesia will lower the price ceiling on domestic air tickets by up to 16% from 18 May due to public concerns about the higher cost of fares in recent months.
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News
Virgin Australia reviews network as it issues profit warning
Virgin Australia is reviewing its network as weakening demand in the domestic market is expected to drive it to an underlying pre-tax loss of at least A$35 million ($24.1 million) for the year to 30 June.
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Southwest eyes new gates at its Denver concourse
Southwest Airlines has requested to operate out of all 16 new gates that will be added to its concourse at Denver International airport, as part of an aggressive growth plan at the Mile High City.
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News
Air Canada in talks to acquire Transat AT
Air Canada will purchase Transat AT, the tourism company parent of Montreal-based leisure carrier Air Transat and combine the two companies.
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News
Thomas Cook confirms 'multiple bids' for airlines
Thomas Cook has received "multiple bids" for its airlines since launching a strategic review of the business in February, it confirmed today in disclosing half-year results.
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NewsInter-island Hawaii service performing well for Southwest
Southwest Airlines says its weeks-old inter-island service in Hawaii is performing "extraordinarily well", although the Dallas-based carrier's plan to ramp up flights in the Aloha State remains on hold with the grounding of its Boeing 737 Max fleet.
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News
AirAsia renews push for MAVCOM to intervene in airport dispute
AirAsia and AirAsia X are seeking a court order to compel Malaysian Aviation Commission (MAVCOM) to adjudicate their long-running dispute with Malaysia Airports Holdings (MAHB).
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Airline BusinessANALYSIS: Onex aims for WestJet growth
The purchase of WestJet led by Onex Partners for C$5 billion ($3.7 billion) is an opportunity to continue the airline’s transition into a global carrier following the private equity firm’s years of attempts to increase its aviation focus.
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Airline Business
ANALYSIS: Global uncertainty leaves its mark on air cargo demand
Airlines across the world are experiencing what they hope will prove to be a minor diversion from the positive air-cargo demand trend seen over the past three years.
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News
Arik adjusts schedule as aircraft depart for maintenance
Arik Air has been forced to adjust its scheduled operations after taking aircraft out of service to meet MRO requirements.
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News
Jet Airways CFO resigns
Jet Airways’ chief financial officer and deputy chief executive Amit Agarwal resigned from the airline on 13 May.
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NewsAzul proposes fresh bid for Avianca Brazil assets
Azul has returned to the race for assets of bankrupt Avianca Brazil with a new offer, while the financially troubled carrier filed an appeal in court against the last-minute suspension of its bankruptcy auction last week.
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NewsPrivate equity fund Onex to acquire WestJet
Canada's second-largest carrier WestJet is to be acquired by Toronto-based private equity firm Onex for around C$5 billion ($3.7 billion), including debt.
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Airline BusinessANALYSIS: Will prince charming deliver Thai’s upgrade plan?
Thai Airways International has renewed its effort to obtain permission to buy new aircraft and has even beefed up its hoped-for order.
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NewsLatest Emirates fleet plan completely omits 787-10s
Emirates Group’s newly-released annual report lists 234 future aircraft deliveries, but makes no mention of the Boeing 787-10s for which Emirates signed in 2017.
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News
Etihad prepared to reinvest in a restructured Jet
Etihad Airways has flagged its willingness to commit fresh capital in order to remain a minority shareholder in a restructured Jet Airways.
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News
Viva Air attracts $50 million investment from private equity firm
Irelandia Aviation has secured a $50 million investment from New York-based private equity firm Cartesian Capital Group for its Latin American low-cost carrier Viva Air Group, in exchange for an unspecified stake in the airline.