All Strategy articles – Page 45
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News
SriLankan eyes gains from tourism boom, despite looming supply chain woes
SriLankan Airlines expects passenger traffic in the upcoming year-end travel season to surpass pre-pandemic levels, amid a boom in tourism a year after the country plunged into economic turmoil.
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News
Frustration grows as more airlines report aircraft maintenance and delivery delays
Aircraft maintenance and delivery delays are one of the hot topics as this year’s IATA AGM, with the chief executives of three airlines tackling the issue on the event’s set-piece panel.
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News
RwandAir examining CRJ and Dash 8 replacement options
RwandAir is examining options to update its regional aircraft fleet amid moves to phase out its Bombardier CRJ900s and De Havilland Canada Dash 8-400s.
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News
‘An aircraft delivered six months late is considered on time’
IATA has upgraded the severity of the risks posed by supply-demand imbalances in its latest industry forecast, as factors such as aircraft delivery delays weigh on the airline sector.
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News
RwandAir expects Qatar Airways to finalise stake ‘in coming months’
RwandAir expects Qatar Airways to finalise its 49% stake in the carrier in the coming months, clearing the way for the African operator to launch a new business plan.
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News
KLM expects first A320neos ‘next year’ amid industry-wide delivery delays
KLM expects to receive its first Airbus A320neo-family jets in 2024 amid industry-wide aircraft delivery delays.
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News
American Airlines’ pilot union APA rejects potential merger with ALPA
The board of directors of the Allied Pilots Association (APA), the union representing flight deck crew at American Airlines, rejected a proposal to join the much larger and more-powerful Air Line Pilots Association, International (ALPA) union.
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Airline Business
IATA chief on Covid recovery, supply-side constraints, ATC worries and SAF progress
A significant proportion of Willie Walsh’s time at the helm of IATA has been dominated by anything but a straightforward industry narrative. Today, there is still work to do, even if the that narrative is beginning to look much more like the pre-Covid one.
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Airline Business
Do American Airlines and JetBlue have a Plan B?
JetBlue Airways and American Airlines got a nasty surprise last month when a US court struck down their “Northeast Alliance” (NEA), calling it anti-competitive and therefore unlawful.
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News
JetBlue agrees to give Spirit’s LaGuardia assets to Frontier
As part of its bid to acquire Spirit Airlines, New York-based JetBlue Airways has entered a divestiture agreement to give Spirit’s gates and slots at New York’s LaGuardia airport to rival ultra-low cost carrier Frontier Airlines.
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News
Domestic air travel recovered from Covid and international catching up, says IATA
Domestic air travel demand has “fully recovered” from the Covid-19 crisis, according to IATA, with overall global traffic now less than 10% down on 2019 levels as international markets catch up.
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News
China Southern to raise over $2.8 billion to fund new aircraft purchase
China Southern Airlines is set to undertake two share issuances, which will see it raise funds for new aircraft, as well as its working capital.
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News
AirAsia Aviation sees ‘promising improvement’ in Q1 earnings as travel demand returns
AirAsia Aviation swung back to the black in their first-quarter earnings on the back of strong international travel growth, as it eyes a “return to normalcy” this year.
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News
American Airlines will appeal decision to dissolve Northeast Alliance: CEO
American Airlines will appeal the court ruling that requires it to dissolve its so-called “Northeast Alliance” with JetBlue Airways.
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News
O’Leary urges fresh EC competition approach on state aid and acquisitions
Ryanair chief executive Michael O’Leary believes the carrier’s recent run of court victories in overturning Covid state aid should prompt European competition regulators to review their approach to such decisions.
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News
United Airlines' finance chief Laderman to retire in 2024
United Airlines’ chief financial officer Gerry Laderman has informed the company of his intention to retire in September 2024 following more than three decades of service.
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News
FedEx reaches tentative agreement with pilots
Pilots at FedEx have reached a tentative agreement with the cargo carrier that averts threatened strike action, according to the Air Line Pilots Association, International (ALPA) union.
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News
Garuda trims fleet forecast but seeks more 737s
Garuda Indonesia is to add five more Boeing 737-800s as traffic recovery continues apace, though the airline has slashed its expected fleet size by the end of the year.
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Airline Business
Bhat looks to the long-term at Lufthansa cargo
Ashwin Bhat takes over after the cargo business reported record operating profits for three years in a row, but since then the market has weakened with both rates and volumes declining.
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News
Qantas flags network growth prospects as it touts new fleet advantages
Qantas has teased the prospect of expanding its international network as it moves closer to taking delivery of the first of many new aircraft under its long-term fleet renewal programme.