All Strategy articles – Page 89
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NewsFrontier Q1 earnings took hit from Omicron, weather and ATC delays
Ultra-low-cost carrier Frontier Airlines says customer demand is “on a solid path to recovery” after first quarter earnings took a hit from Covid-19’s Omicron variant coupled with air traffic snarls and weather issues in Florida.
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NewsSouthwest Airlines aims to be ‘solidly profitable’ in 2022
Southwest Airlines hopes to be “solidly profitable” for the full year as the company bounces back from a rocky first quarter.
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NewsTurkish Airlines Q1 profit jumps on strong cargo and recovering demand
Turkish Airlines posted an improved profit for the first three months of 2022, driven by a continued strong performance in cargo and higher demand as Covid travel restrictions eased further.
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Airline BusinessOn first anniversary, Avelo embarks on Orlando expansion as CEO eyes more growth
Exactly one year after its launch, Avelo Airlines has embarked on major expansion, disclosing plans to establish a base at Orlando, add Wilmington (North Carolina) its network and launch several new routes.
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NewsDomestic revenue boosts Gol’s Q1 earnings
Domestic sales boosted Brazil’s Gol airlines’ first quarter earnings as it finalised a codeshare agreement with American Airlines and launched a cargo collaboration.
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NewsRussia’s Aeroflot suspended from SkyTeam alliance
Aeroflot has had its membership of global alliance SkyTeam temporarily suspended amid the continued fallout of global sanctions impacting the country’s operators following Russia’s invasion of Ukraine.
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NewsFull domestic recovery drives Aeromexico’s Q1 revenue
Grupo Aeromexico, the parent company of Mexico’s legacy carrier Aeromexico says a total domestic recovery – coupled with a significant jump in international markets – has helped it almost double revenue during the first quarter.
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NewsVolaris ‘well-positioned’ for a successful summer travel season
Ultra-low-cost carrier Volaris anticipates lower coronavirus infections and ongoing strong demand for leisure travel to Mexico will make for a successful summer season.
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NewsHawaiian projects record domestic demand in Q2
Hawaiian Airlines expects record revenue from its domestic operations in the second quarter of 2022, as well as an increase in international demand as the year progresses and travel rules are eased.
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NewsAir Canada Q1 ends on positive note, upward trajectory continues
Air Canada says that after an Omicron-fuelled dip in the first weeks of the year, the first quarter of 2022 ended on a positive note, and it expects that momentum to continue.
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NewsJetBlue cuts Q2 capacity growth as it attempts to ‘create resiliency’
JetBlue Airways will cut capacity growth as it looks to “create resiliency” in its operations ahead of what promises to be a busy summer travel season.
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NewsUK airlines baulk at Heathrow’s downbeat winter travel outlook
An association representing UK airlines does not share the downbeat winter season outlook released by Heathrow airport this week, accusing the London hub of seeking to “drive up passenger charges”.
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NewsThai AirAsia X marks return to service with Japan, South Korea relaunch
Long-haul, low-cost carrier Thai AirAsia X is set to resume operations in June, more than two years after suspending flights amid the coronavirus pandemic.
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NewsCanada’s Flair confident it will not lose its license
Canadian ultra-low-cost carrier Flair Airlines says there is “zero chance” that it will lose its permission to operate after the Canadian Transportation Agency (CTA) last month determined the company may be violating ownership rules.
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NewsUS airlines struggle with pilot shortages: CEOs
United Airlines’ chief executive Scott Kirby says the current pilot shortage has the potential to hinder airline industry growth for the next five years at least, while Alaska Air Group CEO Ben Minicucci calls the issue “one of the biggest constraints” for US commercial airlines.
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NewsAlaska posts Q1 loss, expects profitability to soar
Mirroring other US airlines, Alaska Air Group reported a loss for the first quarter of the year but expects demand and profitability in the second quarter to soar.
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NewsIcelandic carrier Play makes US debut with Baltimore service
Icelandic low-cost carrier Play operated its first US flight on 20 April, with a service to Baltimore/Washington International airport.
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NewsAmerican’s first-quarter loss widens but company eyes profitability in second quarter
American Airlines lost $1.6 billion in the first quarter of 2022, but the carrier reports improving demand for air travel and expects to be profitable next quarter.
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Airline BusinessUnited hopes to be ‘solidly profitable’ in Q2 as it posts $1.4bn loss in Q1
United Airlines expects to be “solidly profitable” during the second quarter of the year, even as it posts a loss for the first.
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NewsFinnair suspends some Japan services through winter 2022 amid Russia airspace block
Finnair’s winter 2022 flight schedule reflects expectations that the block on EU-based carriers overlying Russia could endure for some time, as it continues to suspend services to several destinations in Japan.