All Strategy articles – Page 46
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NewsQantas bets on Project Sunrise, international network in long-term earnings target
Qantas expects profit margins from international flying to double in the coming years, with the soon-to-launch ‘Project Sunrise’ ultra-long-haul flights forecast to give a significant boost to earnings.
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NewsAirAsia X mulls Central Asia, Istanbul foray, as China network gets boost
AirAsia X is considering plans to launch flights from Malaysia to Istanbul, as well as “potentially” to cities in Central Asia, as it ramps up flying to Mainland China in the near-term.
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NewsSIA, Garuda eye capacity ramp-up in proposed joint venture
Singapore Airlines and Garuda Indonesia are looking to enter into a joint-venture agreement which will see the two carriers expand their existing partnership and potentially increase capacity between Singapore and Indonesia.
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NewsSpohr sees ITA low market share making case for quick competition approval
Lufthansa Group chief executive Carsten Spohr argues the relatively weak market share of ITA Airways means there is a case for European regulators to deliver an early approval for its planned acquisition of a stake in the Italian carrier.
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Airline BusinessAir cargo outlook mixed amid falling demand but high yields
The air cargo market is facing a set of challenges in 2023 that mean its pandemic-era demand highs are firmly in the rear-view mirror.
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NewsSpohr confident ITA Airways can be profitable in 2025
Lufthansa chief executive Carsten Spohr believes ITA Airways can be profitable in 2025 if it can secure regulatory approval this year for its acquisition of a minority stake in the Italian carrier.
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NewsChina Eastern schedules C919 commercial debut on 28 May
China Eastern Airlines appears set to operate the first commercial flight of the Comac C919 twinjet in the coming days, some five months after taking delivery of the aircraft.
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NewsITA Airways takes delivery of first Airbus A330neo
ITA Airways has taken delivery of its first Airbus A330-900 today at a ceremony in Toulouse, the fourth new Airbus type the Italian carrier has introduced since its launch in October 2021.
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Airline BusinessLufthansa returns to growth ambitions with ITA deal
Lufthansa Group has agreed on options to potentially acquire the remainder of ITA Airways after striking a deal today to purchase 41% of the Italian carrier.
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NewsDissolution of NEA will have no ‘meaningful’ impact on American’s earnings: CFO
American Airlines says that the dissolution of its so-called “Northeast Alliance” (NEA) with JetBlue Airways will not have a “meaningful” impact on the carrier’s earnings.
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NewsLufthansa seals deal for stake in ITA Airways
Lufthansa has reached agreement to acquire a minority stake in ITA Airways under a plan which envisages the Italian carrier boosting revenues from €2.5 billion this year to €4.1 billion in 2027.
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NewsMalaysia regional carrier SKS Airways commits to ten E195-E2s
Malaysian regional operator SKS Airways has committed to taking 10 Embraer E195-E2 regional jets from lessor Azorra, making it the type’s first operator in Southeast Asia.
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NewsItaly set to unveil agreement with Lufthansa for ITA stake
Italian government talks with Lufthansa over the latter acquiring stake in national airline ITA Airways appear to have come to fruition amid widespread reports that a deal could be announced on 25 May.
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NewsAirAsia X to raise MYR50 million for fleet reactivation
AirAsia X is looking to raise up to MYR50 million ($10.9 million) through share placements, which it will use for the reactivation and maintenance of its fleet.
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NewsDelta names Michael Spanos as its new COO
Delta Air Lines has named Michael Spanos as its new chief operating officer, effective next month.
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NewsLufthansa Group to buy four ex-LATAM Airlines A350-900s
Lufthansa Group will purchase four ex-LATAM Airlines Airbus A350-900s and add them its fleet this year.
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NewsQantas forecasts bumper annual profit amid strong travel demand
Qantas expects a record full-year profit on the back of “continued strong travel demand”, and as fuel costs and supply chain issues begin to moderate.
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NewsUS DOT fines LATAM $1m for delaying refunds for cancelled flights
The US Department of Transportation’s Office of Aviation Consumer Protection (OACP) has fined LATAM Airlines Group $1 million in civil penalties for dragging its feet on refunding customers for cancelled flights during the Covid-19 crisis.
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NewsDemise of Northeast Alliance puts JetBlue and American in tight spot: analysts
Analysts paint a grim picture of the situation JetBlue Airways and American Airlines find themselves in after a judge struck down their now-four-year collaboration in the Northeast USA, shortly before the airlines’ peak summer travel season begins.
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NewsAmerican and JetBlue blast court decision on ‘Northeast Alliance’
American Airlines and JetBlue Airways have sharply criticised a judge’s decision to dissolve their so-called ‘Northeast Alliance’.