All Strategy articles – Page 65
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Airline Business
How far through recovery are European airlines?
A carrier-by-carrier guide to the progress European airlines continued to make in their recovery from the Covid-19 crisis during the past year and a look at how much further they have to go in 2023.
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Airline Business
How far through recovery are Asia-Pacific airlines?
A year which began with Asia-Pacifc borders only slowly reopening has ended with moves to reopen even some of the most controlled of markets through the pandemic, though operators both within and outside of Asia-Pacific continue to wait on developments in China before full recovery can be contemplated.
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News
Southwest will ‘never again’ face nationwide operational meltdown: CEO
Southwest Airlines chief executive Bob Jordan spoke publicly for the first time about the company’s widespread operational difficulties during the busy end-of-year holiday travel period, promising that the airline’s passengers and employees will “never again face what’s happening right now”.
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Airline Business
Southwest pilots ‘embarrassed’ for airline’s operational crisis
Southwest Airlines’ operational meltdown continued 27 December as it cancelled thousands more flights in what has been a calamitous holiday travel period for the Dallas-based discounter.
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News
Southwest cancels majority of flights in nationwide operational meltdown
Southwest Airlines is suffering a near collapse of its operations, cancelling the majority of its flights on 26 December following several days of extreme winter weather.
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Airline Business
‘Not going to drown in an inch of water’: Mesa CEO on breakup with American
The severing of regional US carrier Mesa Airline’s contract to operate on behalf of American Airlines in favour of a tentative five-year deal with United Airlines represents a significant shake-up in the regional airline industry. But accounts differ on how the relationship soured between Mesa and American.
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News
Winter weather in USA prompts thousands of flight cancellations just in time for Christmas
The winter weather hitting the Midwest and Northeast USA continued disrupting the plans of holiday travellers on 22 December, forecast by the US Federal Aviation Administration to be the busiest during the holiday period.
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News
Capital A secures six-month extension to file ‘regularisation’ plan
AirAsia parent Capital A has been given until July to submit its “regularisation plan” after securing a six-month extension from the Malyasian stock exchange.
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Airline Business
Airline Business performance tracker: key data indicators from around the world
The Airline Business perfromance tracker features key data indicators from dozens of airlines around the world, drawing metrics from the most recent earnings season and comparing the figures with equivalent periods back to 2019.
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Airline Business
After all the hype, has the air cargo boom gone away?
The air cargo boom seen in 2021 was always likely to make subsequent years appear weak by comparison.
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News
Mesa Airlines splits with American, strikes deal with United
Mesa Air Group, parent of regional carrier Mesa Airlines, disclosed 19 December plans to end its 30-year partnership with American Airlines in favour of a new, five-year agreement with United Airlines that is still to be finalised.
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Airline Business
Can the airline industry convince sceptics that it is a friend of the environment?
While there was relief among airlines in October when ICAO adopted a long-term aspirational goal (LTAG) of net-zero carbon emissions from air transport by 2050, the deal concurrently upped the ante for everyone involved.
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Airline Business
Will airlines defy traditional headwinds to prosper in 2023?
Airlines planning for the year ahead must balance the seeming paradox of continued strong demand and robust pricing with conventional wisdom on what happens to air travel when economic growth goes down and costs go up.
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Airline Business
United places another bumper order under ambitious Kirby
United Airlines’ huge order for Boeing aircraft this week is another statement of intent from the carrier under the leadership of Scott Kirby.
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Airline Business
Low-cost Avelo Airlines seeks to stand out with culture and routes to underserved airports
While some in the airline industry view the low-cost model as “doomed”, others believe courting cost-conscious leisure travellers is the best strategy now and for the future.
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Podcast
Airline Business Podcast: IATA profit hopes, Heathrow, Virgin, A380, United order and Air India
Graham and Lewis discuss IATA’s recent financial forecast for 2023, while also delving into tension over charges at Heathrow, Virgin Atlantic’s strategy, the surprise return of more A380s, and United Airlines’ bumper Boeing order
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News
On ‘road to recovery’, Canada’s Air Transat loses C$126 million in fiscal Q4
Transat AT, the parent company of Canadian leisure airline Air Transat, gained ground financially but still posted an loss of C$126 million ($92.2 million) in the company’s fiscal fourth quarter.
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News
Mango sale moves step closer after SAA drops bidder concerns
Administrators of grounded budget carrier Mango Airlines believe the sale of the airline has moved a step forward after existing owner South African Airways dropped its concerns about a planned transaction.
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News
Delta targets nearly $46bn in 2022 revenue, predicts sustained growth
Delta Air Lines says it expects to reach $45.5-45.6 billion in revenue in 2022, almost as much as it earned in 2019, and raise that figure by 15-20% in 2023 as the carrier predicts a strong and long-lasting post-Covid-19 recovery.
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Airline Business
United aims to leap past US competitors in post-Covid decade with ‘record’ 787 order
United Airlines views its new order for 100 Boeing 787s as a means to leapfrog US competitors through aggressive international expansion as the industry in the coming decade recovers from the Covid-19 downturn.