All Strategy articles – Page 83
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NewsDelta reports March upturn despite first quarter losses
Delta Air Lines lost $940 million in the first quarter of 2022 as the Omicron variant hit demand during January and February, though business picked up in March.
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NewsHow Russian airspace restrictions are adding hours to some Europe-Asia flights
Recently introduced airspace restrictions are adding up to seven hours to round-trip flight times between Europe and Asia, according to analysis of Flightradar24 data by Eurocontrol.
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NewsClosure of Brazilian MRO unit drives TAP loss in 2021
TAP Air Portugal posted a net loss of €1.6 billion ($1.7 billion) for 2021, including €1 billion of one-off costs largely related to the closure of its Brazilian maintenance unit.
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NewsIPO eradicates risk of ‘megalomania fit’ at growing airline: Play chief
The chief executive of Icelandic budget airline Play has explained how last year’s IPO was an important step in taking risk “off the table” for the start-up carrier’s stakeholders following the missteps at defunct compatriot Wow Air.
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NewsEuropean start-up carriers enjoy access to airline expertise laid off during Covid crisis
The chief executives of European start-up carriers Emerald Airlines and Flypop have cited the large pool of laid-off executives and other experienced airline workers as a boon for their businesses as they seek success in an historically challenging industry. Speaking during the CAPA Airline Leader Summit today, the chief executive ...
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NewsJet2 converts options on six more A321neos
UK leisure operator Jet2 has exercised purchase rights on six more Airbus A321neos, taking its firm orders for the narrowbody to 57.
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NewsJetSmart gets approval to launch subsidiary in Peru; will reinstate Brazil flights
Chilean low-cost carrier JetSmart has been granted approval to launch a subsidiary in Peru, and will restore routes to Brazil in the course of the year.
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NewsCanada Jetlines targets summer launch
Start-up Canada Jetlines is targeting summer 2022 for its long-awaited launch, with plans to begin charter flights from Toronto Pearson airport.
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NewsFrontier Airlines seeks new Denver gates
To accommodate Frontier Airlines’ surging growth at Denver International airport, the ultra-low-cost carrier (ULCC) intends to develop a new 14-gate facility.
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NewsEmirates chief rues lack of A380neo as SAS counterpart says too many widebodies built
The leaders of Emirates Airline and SAS have offered different perspectives on the market for widebodies today, with one citing the growing need for super-sized aircraft to feed busy hubs and the other suggesting too many twin-aisles have been produced over the past decade.
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NewsSpirit’s board to weigh pros and cons of competing offers
While all eyes were on whether regulators would ultimately spoil Frontier Airlines’ planned takeover of Spirit Airlines, JetBlue Airways quietly hatched a spoiler of its own.
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NewsJetBlue: Spirit acquisition helps its Northeast Alliance case with DOJ
In the wake of its proposed takeover of Spirit Airlines, JetBlue Airways finds itself peppered with questions about how such a move will affect its nascent “Northeast Alliance” (NEA) with American Airlines.
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Airline BusinessJetBlue would dismantle Spirit as ultra-low-cost competitor, become ‘larger JetBlue’
JetBlue Airways is pitching its proposed acquisition of ultra-discounter Spirit Airlines as a means to compete better against the four largest US airlines – carriers that through their own mergers now control some 80% of the US market.
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NewsLATAM sets sustainable aviation fuel goal for 2030
LATAM Airlines Group plans for 5% of its fuel to be sustainable aviation fuel (SAF) by the end of this decade.
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NewsIATA chief insists airlines and airports not to blame for staff shortages
Air travel disruption caused by staff shortages at airlines and airports is outside the control of those businesses, particularly amid delays in the processing of security clearances for new and re-hired employees, according to IATA director general Willie Walsh.
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News‘Robin didn’t mention it at dinner’: IATA chief surprised by JetBlue bid for Spirit
IATA director general Willie Walsh had more reason than most to be surprised by JetBlue Airways’ bid for Spirit Airlines this week, coming as it did after he shared several hours with the suitor’s chief executive Robin Hayes days earlier.
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NewsFrontier slams JetBlue’s unsolicited bid for Spirit Airlines
Frontier Airlines says JetBlue Airways’ unsolicited surprise offer to buy ultra-low-cost rival Spirit Airlines will make for higher fares and less competition.
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NewsSpirit confirms JetBlue makes surprise $3.6bn bid for outstanding shares
JetBlue Airways has made an unsolicited bid to purchase all of Spirit Airlines’ outstanding stock in an all-cash transaction, throwing into doubt Spirit’s $6.6 billion planned merger with Frontier Airlines.
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Airline BusinessEtihad’s long road to A350 operations
Etihad’s A350-1000s have been a long time coming, delayed by strategic switches and the effects of the pandemic, but now the first example has made its inaugural passenger flight and the Gulf carrier is expecting great things from the Airbus widebody twin.
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Airline BusinessAir Baltic chief on Ukraine solidarity, Russia exit, airspace closures and IPO plans
Martin Gauss is running an airline based in a country – and operating from two others – whose proximity to Russia in geographical and historical terms heightens both the emotional and, in some cases, practical effects of the conflict.