All Strategy articles – Page 92
-
NewsStrong summer recovery drives reduction in Aegean 2021 losses
An increase of almost two-thirds in revenues last year over the pandemic-hit 2020 helped Greek carrier Aegean Airlines to cut pre-tax losses to €72.5 million ($79.8 million).
-
NewsBelfast comprises half of initial Flybe network as carrier to relaunch from 13 April
Relaunched UK regional carrier Flybe will begin flights on 13 April, initially focusing on high-frequency connections linking Belfast City to Birmingham and Glasgow airports.
-
NewsUS pilot union blasts SkyWest’s plans to cut air service to small cities
A US pilot union has called SkyWest Airlines’ planned cancellation of flights to 29 secondary cities “an egregious miscarriage” of the federal government’s nearly $2 billion in financial aid to the carrier during the coronavirus pandemic.
-
Airline BusinessWhy labour stretch threatens to derail air travel recovery
CTAIRA analyst Chris Tarry looks at how the challenge of retraining and building back workforces, so heavily cut to survive the pandemic by players across the air travel chain, threatens to derail the pace of recovery
-
Airline BusinessFrontier and Spirit race toward merger with massive expansion
Since their 7 February 2022 merger announcement, ultra-low-cost carriers (ULCCs) Frontier Airlines and Spirit Airlines have been racing towards the wedding altar. They are busy preparing for their combination, working along an ambitious timeline of closing in the second quarter of this year.
-
NewsAeromexico emerges from Chapter 11 process
Aeromexico has successfully completed its restructuring and emerged from bankruptcy protection almost two years after Covid-19 forced it to enter the process.
-
Airline BusinessFuel volatility, Covid woes and acquisition talk in busy airline week
If ever a week featured a microcosm of the challenges and opportunities facing the airline industry, this might be it. The past few days saw crude oil – the price of which jet fuel tracks closely – fall back to around $100/barrel, having flirted with $130/barrel at some points over ...
-
Airline BusinessTony Douglas on reshaping Etihad Airways for sustainable future
More than four years into a major restructuring, group chief executive Tony Douglas sees Etihad Airways emerging from the pandemic with a fresh focus which places the core airline brand at the heart of its strategy.
-
NewsVolotea to take six more A320s in 2022
Pan-European carrier Volotea will add six more Airbus A320s to its fleet this year as it continues to expand beyond its pre-Covid capacity. The Spain-headquartered airline – which focuses on serving mid-sized European cities – transitioned to an all-Airbus fleet last year following the early retirement of its Boeing 717s ...
-
NewsFlybe set to begin ticket sales after picking Belfast as second base
Revamped UK regional carrier Flybe will begin ticket sales in a week’s time as it moves closer to launch, a little over two years after its previous incarnation ceased operations.
-
NewsNorse secures Gatwick slots but holds off launch amid Ukraine impact
Start-up carrier Norse Atlantic Airways has pushed back the launch of ticket sales to April citing uncertainties stemming from the Ukraine conflict, though has now secured slots at London Gatwick airport.
-
NewsShell readies 10-year airline offtake deals as it scales up SAF production
Shell is on the brink of signing its first letters of intent (LOI) with leading network carriers paving the way for 10-year sustainable aviation fuel (SAF) supply deals, according to Jan Toschka, president of Shell Aviation
-
NewsDelta and Virgin strike positive note over demand despite cost pressures
Delta Air Lines and Virgin Atlantic are seeing no sign of fresh pressures stemming from the Ukraine conflict and rising costs amid ‘robust’ demand for travel.
-
NewsVirgin Atlantic chief rules out Gatwick return this year
Virgin Atlantic chief executive Shai Weiss believes there remains opportunity for the carrier to fly leisure routes from London Gatwick, but he rules out a return of operations from the airport this year.
-
NewsFuel prices prompt US airlines to trim capacity and raise fares
US airlines plan to hike fares and restrain capacity in the coming months, an effort to offset increasing fuel expenses with more revenue.
-
NewsGol reports higher revenue, sees M&A possibilities
Brazil’s Gol reports higher revenue for the final quarter of 2021 as it continues its fleet transformation and keeps costs in check, while at the same time keeping an eye on possible consolidation in the market.
-
NewsComair unable to say when flights will resume after regulator suspends AOC
South African carrier Comair has submitted documentation aimed at enabling it to resume operations after the country’s aviation regulator indefinitely suspended the airline’s operating licence in relation to ”a spate of occurrences” affecting a number of flights.
-
NewsUS lawmakers urge scrutiny of Frontier-Spirit deal
A group of progressive US lawmakers is asking competition watchdogs to take a closer look at Frontier Airlines’ plans to acquire low-cost-carrier rival Spirit Airlines.
-
NewsTransat CEO fears WestJet-Sunwing merger will harm competition
Transat AT chief executive Annick Guerard says WestJet’s pending acquisition of leisure airline Sunwing will “significantly” harm competition in Canada’s hotly contested leisure travel market.
-
NewsTransat fiscal Q1 earnings hit by Omicron, hopes for more government aid
Transat AT, the parent company of Air Transat, experienced a “significant” Omicron-variant-fuelled hit during its fiscal first quarter 2022, as passengers took a step back from planning air travel.