All Strategy articles – Page 73
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News
Does recession threaten Latin American airlines’ hard-won successes?
Successfully navigating their airlines through Covid-19 was a major accomplishment, but Latin American CEOs remain wary of what lies ahead.
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Mexican antitrust authority approves Allegiant-Viva Aerobus joint venture
North American ultra low cost carriers Allegiant Air and Viva Aerobus were authorized 17 October by Mexico’s Federal Economic Competition Commission (COFECE) to move forward with a proposed transborder commercial alliance.
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Aerolineas Argentinas aims for 10 more 737 Max jets over next three years
Aerolineas Argentinas hopes to add 10 more Boeing 737 Max jets over the next three years under a fleet growth plan.
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Cathay’s network recovery ‘on course” as traffic improves on easing of curbs
Cathay Pacific is set to ramp up flying through the end of the year – with flights to more points in its network restored – as it confirms that it is “on course” for recovery.
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Cargo remains essential to health of Latin American airlines: ALTA president
Cargo remains essential to the financial health of the Latin American aviation industry in the post-pandemic environment, according to the region’s airline executives.
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Airline Business
Strong demand trends for Latin region but economic concerns ahead
Delegates are set to gather in Buenos Aires on 16 October for the 18th edition of the ALTA AGM & Airline Leaders Forum – an event that takes place against a backdrop of positive developments relating to Covid-19 but with challenges emerging elsewhere.
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LATAM Airlines Group set to exit Chapter 11 in November after securing funds
LATAM Airlines Group expects to exit the Chapter 11 bankruptcy process in the first week of November, having secured the required financing.
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Lufthansa to install enclosed first-class suites in new group-wide long-haul cabin
Lufthansa Group has launched the ‘Allegris’ cabin product for its long-haul fleet, which will see its first-class passengers benefit from enclosed suites for the first time.
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Flydubai to wet-lease 737-800s from Smartwings
Flydubai is again looking to Smartwings for leased capacity going into the busy seasonal travel period.
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Delta has ‘plan B’ in case Boeing 737 Max 10 misses critical FAA deadline
Delta Air Lines is still counting on the US aviation regulator to certificate the Boeing 737 Max 7 and 10 models without extensive and expensive cockpit modifications, even though those certifications are delayed and may miss a critical deadline.
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Airline Business
First signs of slowing air travel recovery momentum?
Amid so much economic and geopolitical uncertainty around the world, the first hints of a potential impact on travel demand were seen in the latest passenger demand data.
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News
SAA eyes further growth through addition of more A320s
South African Airways has finalised plans to add more capacity for the southern hemisphere summer, under which it will take three more Airbus A320s to increase its fleet to 10 aircraft.
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IAG reports ‘better than expected’ third-quarter trading
British Airways and Iberia owner IAG says trading during the third quarter was better than expected, driven by revenue strength on the passenger side of the business.
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Singapore Airlines and Tata in talks over merging Vistara with Air India
Singapore Airlines is in talks with Tata Group over the possible merger of Vistara into Air India.
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Delta tops record revenues in strong third quarter
Delta Air Lines reports being ahead of plan on profits for the year after posting record revenues of just under $14 billion for the third quarter.
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Republic Airways pilots secure major pay raise
Amid a broad surge in regional pilot pay, Republic Airways pilots represented by the Teamsters Local 357 union will receive a big rate increase.
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News
Nok Air narrows 2021 loss on restructuring revenue gains
Thai low-cost operator Nok Air narrowed its 2021 loss, helped by a revenue gain from debt restructuring, as well as recovery in domestic air travel demand in the second half of the year.
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Frontier unveils first A321neo and tweaked paint scheme, plans expansion
Frontier Airlines marked the delivery of its first Airbus A321neo on 11 October, with the carrier’s chief executive saying the jet will further strengthen Frontier’s cost advantage and let it expand to new destinations, possibly including those outside North America.
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News
Delta Air Lines invests up to $200m in Joby Aviation electric air taxis
A new deal with US startup Joby Aviation could eventually make zero-emissions, last-mile air taxi services available to customers flying with Delta Air Lines through New York and Los Angeles.
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News
ITA Airways paints first A220 with special sustainability livery
ITA Airways’ first Airbus A220 twinjet will sport a sustainability-themed livery when it enters service in the coming days.