All Strategy articles – Page 61
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Southwest names Lauren Woods as chief information officer to manage IT overhaul
Southwest Airlines has moved company executive Lauren Woods into the role of chief information officer to help manage the airline’s technology upgrades in the aftermath of its system-wide operational meltdown during peak of holiday travel.
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Sun Country Airlines 'prudently' grows as it posts $17.7m Q4 profit
Sun Country Airlines was able to “prudently” grow its operations in 2022, achieving a modest profit for both the fourth quarter and the full year.
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Turkish Airlines to take ultra-high-density 777-300ERs for IndiGo wet-lease
Turkish Airlines has signalled its intent to operate two ultra-high-density Boeing 777-300ERs as part of a wet-lease deal with codeshare partner IndiGo
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Allegiant posts $53m Q4 profit thanks to ‘robust demand’
Allegiant Travel Company, parent of Allegiant Air, rode high demand for leisure travel to a profitable fourth quarter of 2022, capping a year marked by significant operational challenges.
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Korean Air flags cargo demand slowdown as Q4 profit down 26%
Korean Air has warned that cargo demand – its financial lifeline amid the pandemic – is likely to continue to weaken this year, as its quarterly profits fall despite a return of passenger travel.
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JAL picks New York as first A350-1000 destination; hints at new ‘unprecedented’ cabins
Japan Airlines (JAL) has disclosed operational details for its first Airbus A350-1000s, as it teases “unprecedented” cabin products for its new flagship aircraft.
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Hawaiian narrows Q4 loss, reports slow recovery in Japanese demand
Hawaiian Holdings, parent company of Hawaiian Airlines, reports narrowing fourth-quarter losses as demand for air travel to the Pacific archipelago has largely rebounded – except from Japan.
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Norway's Flyr ceases operations after financing fails
Struggling Norwegian carrier Flyr has ceased operations and is to file for bankruptcy on 1 February after failing to secure new financing.
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ALPA-represented JetBlue pilots win 21.5% pay raise with new contract
JetBlue Airways’ pilots approved on 30 January a two-year contract extension that includes a 21.5% pay increase over 18 months.
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Frontier Airlines to expand Puerto Rican presence in May
Frontier Airlines plans in May to add several new routes to Puerto Rico as part of an expansion that will see the airline launch its first flights to the US territory’s city of Ponce.
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Australian LCC start-up Bonza commences operations
Australian low-cost start-up Bonza has operated its first commercial flight, less than three weeks after clinching its air operator’s certificate.
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Jet operations keep Rex profitable in December
Australia’s Regional Express (Rex) remained in the black for the third consecutive month in December, helped by improving profitability in its domestic jet operations.
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‘Arduous challenges’: Chinese carriers eye massive losses in 2022
China’s three largest airlines are expected to continue their loss-making streak, and anticipate record losses for 2022.
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Allegiant Air shuffles executive leadership team
Allegiant Travel Company has made further changes to its C-suite days after accepting the resignation of co-president and chief operating officer Scott Sheldon.
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Flyr finances ‘critical’ as it fails to raise funds
Norwegian carrier Flyr is in a fight for survival after the failure of its financing plan put paid to a key wet-leasing deal.
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Lufthansa’s first reactivated A380 lands in Philippines for C-check
The first Airbus A380 reactivated by Lufthansa has arrived in the Philippines for maintenance work ahead of its return to service later this year.
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Scott Sheldon steps down as president of Allegiant Air
Allegiant Travel Company, parent of Allegiant Air, has accepted the resignation of co-president and chief operating officer Scott Sheldon, prompting a reshuffling of the airline’s executives.
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Italy signs letter of intent with Lufthansa to kick-off ITA stake talks
Italy’s government has signed a letter of intent with Lufthansa as it opens talks with the carrier over the acquisition of ITA Airways.
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Varadi hopeful on improved Wizz operational resilience
Wizz Air chief executive Jozsef Varadi believes air traffic control delays are likely to provide the biggest challenge this summer as the carrier bids to avoid a repeat of the operational disruption it suffered last year.
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Air India teases ‘historic’ aircraft order as airline marks first year under Tata ownership
Air India is expected to make an imminent aircraft order announcement, as new owners Tata Sons today marked a year since they took control of the carrier.