All Strategy articles – Page 78
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Airline BusinessSlower restart fails to protect Qantas and ANZ from operational woes
This week’s earnings commentaries from two of the airlines most affected by travel restrictions during the Covid-19 crisis show how all corners of the industry are vulnerable to operational challenges.
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Airline BusinessAirline Business Index surges towards 2019 baseline as travel demand returns
The latest Airline Business Index shows the global airline industry’s progress towards its pre-Covid size accelerated rapidly during the second quarter of 2022, as revenues in particular surged alongside passenger numbers.
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NewsQantas to reactivate five remaining A380s by end-2023
Qantas is to reactivate its five remaining Airbus A380s by December 2023, as the airline looks to ramp up international capacity, including resuming flights to New York.
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NewsKenya Airways narrows first-half loss on pick-up in passenger business
Kenya Airways cut its first half losses by almost a third as the reopening of travel markets enabled it to more than double passenger revenues.
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NewsVirgin Australia doubles 737 Max 8 order with four additional aircraft
Virgin Australia will add another four Boeing 737 Max 8 aircraft to its fleet, amid sustained strong demand for travel, and in line with fleet growth plans.
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NewsANA to fully recover domestic network by end-October, eyes international uptick
All Nippon Airways (ANA) and low-cost unit Peach will restore domestic flying to pre-pandemic levels in the coming months, as it eyes “proactively increasing” international flights if and when Japan’s border restrictions ease further.
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NewsAir Canada sees ‘large opportunity’ in an expanded cargo service: CFO
Air Canada sees transporting frieght as a “large opportunity” even after passengers return to air travel following the two-year industry crisis.
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NewsExpressJet, operating as Aha, files for bankruptcy
ExpressJet, in its rebranded incarnation called Aha, has filed for bankruptcy and ceased flight operations.
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NewsTAP sees strong summer recovery but ‘uncertain prospects’ going into 2023
TAP Air Portugal claims to be recovering “more rapidly than its peers” from the Covid-19 crisis, while also acknowledging that its future health depends on execution of its restructuring plan amid a long list of headwinds. Announcing its second-quarter results on 23 August, the Lisbon-based carrier said that revenues of ...
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NewsKLM promotes hub head to chief operating officer role
KLM has promoted its current senior vice-president of hub operations, Maarten Stienen, to fill its vacant chief operating officer role.
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NewsAmerican to partner with Air Wisconsin on regional routes
American Airlines is partnering with regional carrier Air Wisconsin Airlines to expand its network out of its mid-west hub Chicago.
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NewsHarbour Air flies first ‘point-to-point’ flight of all-electric DHC-2 Beaver
Canadian regional carrier Harbour Air recently completed the first point-to-point flight of its heavily modified, all-electric De Havilland Canada DHC-2 Beaver.
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PodcastAirline Business Podcast: 787 return, supply-chain impact and Farnborough thoughts
Graham and Lewis discuss the resumption of Boeing 787 deliveries and the impact of supply-chain issues on fleet planning.
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NewsSouth Korean LCCs stay in red despite rising revenue
Three South Korean low-cost operators continued their loss-making streak in the second quarter of the year, despite a steady increase in revenue.
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NewsCanada Jetlines receives air operating certificate, poised for launch
The Canadian government has granted Canada Jetlines, the country’s newest low-cost carrier, an air operating certificate (AOC), removing the final barrier to the airline’s long-awaited launch.
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Airline BusinessFeeling supersonic: why Boom divides the room
News this week that American Airlines has joined United Airlines in signing up for Boom’s Overture jets has reignited the debate about whether supersonic flight has a role to play in the modern commercial air transport sector. The theoretical competitive advantages of such aircraft are obvious. “Boom Supersonic’s Overture would ...
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NewsPegasus saw strong demand recovery in Q2 but weak euro hits bottom line
Turkish budget carrier Pegasus saw international capacity and traffic exceed pre-Covid levels in the second quarter of this year, as leisure demand in particular “outpaced initial expectations”. That development helped the carrier to a €28 million ($28.5 million) operating profit for the three months to 30 June, Pegasus said on ...
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NewsIAG takes 20% stake in Air Europa
British Airways and Iberia owner IAG has converted a loan to the parent company of Air Europa into a 20% stake in the airline.
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NewsBlacklisted Iraqi Airways seeks wet-leased aircraft for European flights
Iraqi Airways has issued a request for proposals for wet-leased or ACMI aircraft for operations to Europe amid a continued blacklisting of the carrier by the European Commission. Hoping to take advantage of a provision in the blacklisting that allows banned carriers to undertake operations via wet-lease agreements with other ...
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NewsFormer Ryanair executive returns to Malta with Wizz Air
Wizz Air has announced that its new Maltese subsidiary will be led by former Ryanair executive Diarmuid O Conghaile. The low-cost group expects to launch the new unit “later this year”, it said on 15 August, with O Conghaile becoming managing director from 1 November, having stepped down from his ...