All Strategy articles – Page 4
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NewsNorwegian to take call on Max options in next six months
Norwegian will take a decision in the next six months on the 30 options it holds for Boeing 737 Max jets as it expects to take delivery 11 to 13 aircraft this year.
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NewsMalaysia Aviation Group transfers MASwings unit to Sarawak government
Malaysia Aviation Group has formally transferred ownership of regional unit MASwings to the state government of Sarawak, following the signing of a sale and purchase agreement on 12 February.
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NewsSpirit rebuffs latest Frontier takeover bid
Spirit Airlines has rejected a third takeover attempt by rival Frontier Airlines, and will instead proceed with its own recapitalisation efforts, which it expects to complete by end-March.
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NewsEmbattled Rex could be government-owned if no private buyer found
The Australian government has signalled it could acquire embattled operator Regional Express (Rex) if its long-drawn administration yields no suitable buyer.
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NewsSouthwest picks Tom Doxey to replace retiring CFO Tammy Romo
Southwest Airlines has named Tom Doxey, former president of US discounter Breeze Airways, as successor to longtime chief financial officer Tammy Romo, who is set to retire.
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NewsFlySafair given year to comply with South Africa’s ownership rules
FlySafair has been given 12 months to comply with the domestic regulator’s ruling on its ownership structure, alleviating concerns that the low-cost carrier might be forced to ground its operations until the issue was resolved.
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NewsLufthansa Group brings ITA under its wing as integration efforts ramp up
Lufthansa Group is ramping up efforts to integrate new member airline ITA Airways, starting with merging frequent flyer programmes.
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NewsAir Wisconsin plans hundreds of layoffs as agreement with American winds down
US regional carrier Air Wisconsin plans to lay off hundreds of workers as it pivots from operating on behalf of American Airlines to charter and essential air service (EAS) flying.
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NewsAzul concludes restructuring with ‘extinction’ of $2.1bn debt
Brazilian carrier Azul has concluded its restructuring process by agreeing with bondholders, lessors and aircraft manufacturers to eliminate R$12.3 billion ($2.1 billion) in debt.
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NewsSpirit rejects fresh acquisition move by Frontier
Frontier Airlines has made a second attempt to acquire Spirit Airlines, in a proposal that its struggling rival has already rejected.
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NewsReignition of Heathrow runway plan prompts Walsh warning on charges
IATA has welcomed the “statement of intent” from the UK government that it will support the building of a third runway at Heathrow airport, but insists that the hub’s charges are the most pressing issue.
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NewsRyanair again cuts traffic target as Max deliveries fall short
Ryanair has cut is traffic target for the fiscal year beginning April 2025 after learning that Boeing will be unable to deliver sufficient 737 Max 8-200s to meet a passenger target that had already been revised downwards.
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NewsAirAsia X gets two-month extension for AirAsia acquisition
AirAsia X has been allowed more time to complete its acquisition of the AirAsia group of airlines, as it finalises the terms of a fundraising deal.
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NewsIndiGo confirms ambition to expand widebody operations earlier via wet lease
Indian low-cost carrier IndiGo has confirmed that it is working to add widebody aircraft earlier than previously announced, as it aims to tap strong travel demand in its home country
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NewsAlaska Air Group turns strong profit in year defined by Max 9 grounding, Hawaiian purchase
In a year defined by a roughly month-long grounding of its Boeing 737 Max 9s and the costly acquisition of leisure carrier Hawaiian Airlines, Seattle-based Alaska Air Group posted a roughly $400 million profit.
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NewsBreeze records first full-quarter operational profit as network matures
Salt Lake City-based Breeze said the milestone comes as its US network matures, and is partially attributable to holiday travel demand overcoming the dampening effect of the recent US presidential election on bookings.
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NewsCanberra acquires Rex’s debt; reiterates ‘ongoing commitment’ to regional operations
The Australian government has become the principal secured creditor of embattled operator Regional Express (Rex), after acquiring the carrier’s debt.
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NewsRoughly two-thirds of United’s 2024 delays caused by ATC issues
United Airlines struggled significantly with air traffic control-related delays at its congested airport hubs last year as the Federal Aviation Administration still lacks sufficient numbers of controllers, particularly in the Northeast USA.
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NewsEasyJet maintains full-year guidance after cutting first-quarter loss
UK-based low-cost carrier EasyJet cut its headline loss before tax by 52% during its fiscal first quarter
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NewsUnited’s three busiest-ever operational days cap highly profitable year
United’s strong fourth-quarter performance continues the trend of the “Big Two” – Delta Air Lines and United – raking in profits while fellow major US carriers American Airlines and Southwest Airlines lag behind.
