All Strategy articles – Page 75
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NewsSouthwest’s Van de Ven to step down from president and COO posts
Southwest Airlines’ president and chief operating officer Mike Van de Ven will be stepping down from both of his leadership posts in the coming months.
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NewsAer Lingus assigns first A320neos to Dublin-Heathrow route
Aer Lingus will begin service with its first Airbus A320neo jets from 28 September.
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Airline BusinessWhy ICAO Assembly is crucial for aviation’s decarbonisation effort
Airlines and airports say governments must use the 41st ICAO Assembly – which begins this week in Montreal – to formally commit to targets that support the commercial aviation industry’s decarbonisation timeline.
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Airline Business‘All of us are in the exact same spot’: regional airline CEOs on pilot shortage
Regional airlines like Cape Air, CommutAir and SkyWest Airlines are feeling the most acute effects of the USA’s pilot shortage.
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NewsUnited names Jonathan Ireland new head of finance
A new hand will guide United Airlines’ $40 billion operations and $5 billion capital budget, as the Chicago-based carrier named Jonathan Ireland senior vice president of finance on 23 September.
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NewsTransavia France to debut A320neo in 2023 as fleet expands
Transavia France will expand its fleet by 10 aircraft for the 2023 summer season, as the Air France-KLM unit plots growth into markets including Turkey.
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Airline BusinessFedEx outlook fuels concern over air cargo prospects
The bleak economic outlook provided by FedEx at the end of last week served as a reminder to the airline industry that the Covid-era cargo boom is vulnerable to global uncertainties. A $500 million revenue shortfall at air delivery service FedEx Express for the quarter ending 31 August came after ...
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NewsGaruda in profit sharing pact with government asset manager
Garuda Indonesia has signed a deal with Indonesia’s national asset management that will see the carrier receive funds to restore aircraft to service, which will be repaid through a profit sharing scheme on select routes.
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NewsNew discount carrier Canada Jetlines makes first passenger flight
Startup airline Canada Jetlines completed its first passenger flight on 22 September, with its orange, white and blue Airbus A320 making the connection between Toronto Pearson International airport and Calgary International airport.
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NewsAir Arabia to launch joint-venture carrier in Sudan
Air Arabia Group has announced plans to launch an airline in Sudan via a joint venture with local conglomerate DAL Group. To be based at Khartoum International airport, Air Arabia Sudan will operate a fleet of “new Airbus A320 jets” and will adopt the low-cost business model operated by Air ...
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Airline BusinessHow far have airlines climbed back from the crisis?
Revenues among leading operators jumped more than a third last year, while losses were stemmed after the heavy post-pandemic bleeding. However, it remains a lengthy road back to full recovery and the profitable heights the industry enjoyed before Covid hit
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NewsCathay Pacific profitable since July: HSBC Global Research
Cathay Pacific “has been turning” a profit since July, analysts from HSBC Global Research believe, as Hong Kong continues to ease pandemic-related restrictions.
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NewsAzul to remove 12 E195s from passenger-aircraft service
Brazilian discount airline Azul will remove 12 Embraer 195s from its fleet of passenger aircraft before the end of 2022, moving to sell some of the jets and convert others to freighters.
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NewsAirlines will need larger jets like updated A380: Emirates’ Clark
Emirates Airline president Tim Clark fears the industry’s shift away from the largest aircraft types could leave carriers short on seats in the coming decades, potentially leading to “enormously high fares”.
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NewsSwelling pilot pay could force US regionals to contract, impacting communities: CEOs
Higher pilot pay rates at regional airlines could become a problem as carriers seek to balance a pilot shortage with maintaining flights to smaller US communities.
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NewsTUI sees strong summer peak despite lingering disruption
European travel firm TUI expects its Markets & Airlines division will be “significantly profitable” despite airport disruptions for the quarter ending 30 September, the company says a pre-close of financial year statement.
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NewsJetBlue-Spirit deal will leave Frontier like ‘Southwest in the late ’80s’: CEO
Frontier Airlines’ chief executive insists a JetBlue Airways-Spirit Airlines tie up will give his company a cost advantage better than any a US carrier has enjoyed for decades.
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NewsRex gets final regulatory nod for National Jet acquisition
Australia’s Regional Express expects to complete its acquisition of charter operator National Jet Express by the end of the month, after gaining final regulatory approvals.
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NewsCathay Pacific ups capacity forecast though full recovery ‘will still take some time’
Cathay Pacific has revised upwards its capacity forecast for the year-end as Hong Kong eases travel curbs, though the carrier – citing “operational complexities” – warns that a full recovery “will still take some time”.
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NewsGol agrees to pay $41.5m to settle corruption charges: SEC
Brazil’s Gol Airlines will pay $41.5 million to US authorities stemming from corruption charges relating to violations of the US Foreign Corrupt Practices Act (FCPA) in 2012 and 2013.