All Strategy articles – Page 77
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Airline BusinessAirlines adapt to consequences of Russia-Ukraine war
This week has seen a string of announcements relating to the impact of Russia’s invasion of Ukraine.
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NewsAir Transat gains ground, still posts Q3 financial loss
Transat AT, the parent company of Canadian airline Air Transat, reports stronger third-quarter financial results compared with the pandemic-stunted figures of last year but still operated at a loss during the three-month period.
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Airline BusinessUS start-up Connect sees niche in bringing touch of class to turboprops
Connect Airlines may not be a household name in North America, but that could change if Australian airline veteran John Thomas has his way.
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Airline BusinessThe two unusual phenomena faced by airlines as headwinds strengthen
IATA retains a positive industry outlook despite acknowledging a long list of industry headwinds – including a couple that are unfamiliar to the sector
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Airline BusinessAirline Business Covid-19 recovery tracker: September 2022 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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NewsALPA pilots seek new contract with WestJet
North American airline pilots continue to make collective bargaining maneuvers as discussions are set to begin between WestJet pilots represented by the Air Line Pilots Association, International (ALPA) and the Calgary-based carrier.
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NewsAmerican names Ingersoll Rand CEO Reynal to its board
American Airlines has named Ingersoll Rand chief executive Vicente Reynal to its board of directors.
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NewsBlue Air suspends flights as Romania blocks accounts in debt row
Romania’s environment minister has called a decision by Blue Air to suspend flights “unjustified” after blocking the carrier’s accounts in a row about the recovery of a 28.7 million lei ($5.9 million) debt.
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NewsUS airlines brace for heavy Labor Day weekend air travel
The last major travel weekend of the summer is set to be a busy one for the largest US airlines, which are facing pressure from federal regulators to smooth operations.
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NewsEmirates to resume some Nigeria flights after partial release of blocked funds
Emirates will resume some of its Nigeria services from 11 September, after the country’s central bank released a portion of blocked airline revenue from ticket sales. Emirates said in mid-August that it was suspending services to the country from 1 September because of what it called “our ongoing challenges in ...
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NewsDOT rolls out 'dashboard' for stranded air travellers
The US Department of Transportation has rolled out a new online tool ahead of Labor Day weekend to give air travellers clear information about their options upon experiencing travel disruptions.
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NewsEthiopian Airlines sees near-doubling of full-year profit to $937m: state fund
Ethiopian Airlines Group achieved a net profit of $937 million during its financial year to 30 June 2022, according to its home country’s sovereign wealth fund, with cargo accounting for more than half of the group’s revenue.
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Airline BusinessRyanair’s Italian surge will be headache for ITA Airways owners
If a consortium comprising Certares, Air France-KLM and Delta Air Lines eventually takes control of Alitalia successor ITA Airways, it will have much ground to make up in the short-haul sector in particular.
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NewsRyanair chief denies saying cheap fares are thing of past
Ryanair group chief executive Michael O’Leary says he was “somewhat misquoted” in a series of recent news articles that suggested he believed the “era of cheap air fares” had come to an end.
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NewsItaly to open exclusive talks with Air France-KLM, Delta consortium over ITA sale
Italy’s finance ministry is to begin exclusive negotiations with a consortium comprising Certares, Air France-KLM and Delta Air Lines to take control of Alitalia successor ITA Airways.
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NewsChina’s continued ‘zero-Covid’ policy pushes ‘Big Three’ to record first-half losses
China’s three largest carriers widened their half-year losses, as they count the economic costs of China’s continued zero-infection policy, which has dampened travel demand.
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NewsALPA wins recent pilot pay gains at US regional airlines
A handful of US regional airlines recently hiked pilot pay rates amid an industry-wide effort to attract and retain pilots and keep pace with surging travel demand.
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News‘We are back’: AirAsia Aviation sees recovery by mid-2023 amid swing to modest profit
AirAsia Aviation Group expects to recover full operations by mid-2023, as capacity ramp-up continues amid optimism that travel demand will remain robust.
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NewsCanada Jetlines delays launch to 22 September
Canadian discount start-up Canada Jetlines has again pushed back its planned start of passenger flights, this time by about three weeks, until 22 September.
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NewsWizz Air predicts ‘long-term’ Saudi role as it connects nine more European points
Low-cost carrier Wizz Air has announced a string of new routes between Europe and Saudi Arabia as it seeks to play its part in the kingdom’s ambitions to expand its aviation sector.