All Strategy articles – Page 36
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News
United briefly grounds departures nationwide due to ‘technology issue’
A “technology issue” halted the departure of all United Airlines flights nationwide on the last day of the traditionally busy Labour Day holiday long weekend, and the end of the northern hemisphere’s summer travel season.
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News
Lufthansa plots growth for rebranded leisure unit Discover Airlines
Lufthansa Group has dropped the Eurowings name from its newest leisure unit as part of a rebranding which will support Discover Airlines’ growth with six more aircraft over the coming year and expansion at Munich airport.
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Podcast
Airline Business Podcast: Strong financials, market ‘normalisation’ and start-up stories
Graham and Lewis look back on another strong set of quarterly results from the global airline industry, while considering whether the coming months will see ‘normalisation’ in more markets.
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News
Jet2 appoints chair to succeed Meeson
UK leisure carrier Jet2 has named existing director Robin Terrell as non-executive chairman, as long-standing leader Phillip Meeson steps down after four decades with the airline.
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News
China’s ‘Big Three’ on track for profits in Q3 amid ‘positive’ international recovery: HSBC report
China’s three largest carriers could all turn profitable in the second half of the year on the back of improving revenue and passenger travel demand, according to a HSBC Global Research report.
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News
Qantas CEO Joyce announces early exit amid string of controversies
Qantas chief Alan Joyce will step down from the airline effective immediately – two months earlier than planned – amid mounting public anger over a string of controversies in recent weeks.
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Airline Business
Revenues power airlines above 2019 benchmark despite lagging traffic and capacity
The latest Airline Business Index shows the second quarter of this year was marked by soaring revenue and a jump in passenger numbers, as the industry exceeded the 2019 benchmark index score for the first time since the pandemic.
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Airline Business
Airline Business performance tracker: Asia-Pacific Q2 2023
Key data from the most-recent Asia-Pacific earnings period – the April-June 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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Airline Business
Start-ups seek chance to find a niche in the market, despite challenges
The past couple of weeks have given ample reminder of both the opportunities and challenges when trying to enter the airline business. That is perhaps best illustrated by the faltering efforts to revive former UK leisure carrier Monarch Airlines. In mid-August a new iteration of the carrier emerged via a ...
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Airline Business
Airline Business performance tracker: Europe Q2 2023
Key data from the most-recent European earnings period – the April-June 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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News
Allegiant decries DOT decision as favouring ‘oligopolistic’ carriers over discounters
Allegiant Air is railing against the US government’s decision to suspend review of the airline’s proposed joint venture with Mexican ultra-low-cost carrier (ULCC) Viva Aerobus.
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News
Bermudair delays service start due to Hurricane Franklin
Bermudair has delayed its inaugural flights to the USA due to severe weather and now plans to launch 1 September.
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News
Monarch revival in doubt as funding runs out
An effort to revive UK leisure carrier Monarch Airlines has stalled, barely two weeks since its relaunch was announced.
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News
Revenue jump helps privatisation target TAP swing to first-half profit
Privatisation target TAP Air Portugal turned a net profit of €22.9 million ($24.9 million) in the first half of the year, a marked improvement on losses at the same stage of 2022.
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News
Rex says pandemic’s ‘legacy effects’ to blame for full-year losses
Australia’s Regional Express (Rex) remained in the red in its full-year earnings, as it laid the blame on the “legacy effects” of the Covid-19.
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Airline Business
Born during the pandemic, Taiwan’s Starlux now makes up for lost time
Few airlines share their launch date with known global events – let alone a pandemic. For Taiwan’s Starlux Airlines, it is now making up for lost time, aiming to reap the benefits of its transit-centric business model.
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News
‘Confident’ AirAsia Aviation targets network recovery by year-end amid Q2 profits
AirAsia Aviation Group targets to fully recover its network by the end of this year on the back of strong leisure travel demand, which it expects to peak in the coming months.
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News
Union accuses Air Canada, Jazz of not honouring ‘pilot flow’ agreements
The union representing Jazz Aviation pilots has accused the Canadian regional airline – along with mainline partner Air Canada – of engaging in unfair labour practices during recent contract negotiations.
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News
JetBlue seeks ‘serious sanctions’ following redaction error in Spirit-merger lawsuit
JetBlue Airways continues fiercely pushing back against claims that it intends to hike prices by up to 40% on Spirit Airlines’ aircraft after its proposed acquisition of the rival carrier is finalised.
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News
AirAsia X marks a year of profitability, eyes China’s ‘massive potential’
AirAsia X expects a three-fold jump in flights to China by the end of the year, amid optimism of the market’s “massive potential”, and as the carrier posts its fourth consecutive quarterly profit.