All Strategy articles – Page 96
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NewsUS pilot union ALPA protests Wizz Air’s application to fly to USA
US pilot union Air Line Pilots Association, International (ALPA) is protesting Wizz Air’s application to fly to the USA, claiming the Hungarian carrier has used ”a toxic culture of reprisal” to intimidate crew and that it ignores issues such as fatigue and illness that could compromise safety.
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NewsHeathrow laments ‘Omicron hangover’ but softening of travel restrictions brings hope
London Heathrow airport continued to see the impact of the Omicron variant of Covid-19 during January, despite the UK dropping additional travel restrictions a few days into the month.
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Airline BusinessDoes Frontier-Spirit merger herald wider airline consolidation trend?
The unique circumstances around the Frontier Airlines-Spirit Airlines merger mean it is debatable whether it has anything to say about prospects for wider consolidation in the global airline industry.
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NewsCopa posts Q4 profit but takes Omicron hit in Q1
Copa Holdings, the parent of Panama City-based Copa Airlines posted a profit for the fourth quarter of 2021, but says the Omicron variant of Covid-19 will negatively affect first-quarter earnings.
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NewsBusy Ryanair stops Eurocontrol flight numbers falling below ‘low’ scenario in early February
The number of flights in European airspace is tracking Eurocontrol’s ‘low’ scenario so far in February, despite Ryanair operating above pre-pandemic levels, as the region’s response to the Omicron variant of Covid-19 hits the recovery trajectory.
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NewsMesa reports fiscal Q1 loss as Omicron and pilot attrition hit earnings
Regional carrier Mesa Airlines reported a loss for the first quarter of its fiscal year as the company struggled with staffing issues stemming from the Omicron variant of Covid-19 as well as pilots leaving for larger carriers.
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NewsSilver Airways raises capital, adds aircraft and routes
Regional carrier Silver Airways has raised $50 million in capital, added new several aircraft to its fleet and received certification to operate freighter service.
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NewsRegulator backs Condor in Lufthansa feeder flight access dispute
German competition regulators have preliminarily backed leisure carrier Condor in its claim that it should have access to Lufthansa feeder flights for its long-haul operations after the latter terminated a partnership agreement.
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Airline BusinessWhy has Turkish Airlines’ share price rocketed in recent months?
While the majority of global airline groups tracked by FlightGlobal have yet to see their share prices return to anything like pre-Covid levels, Turkish Airlines is a different story.
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Airline BusinessUS start-up Airbahn plans to begin revenue service in ‘May or June’
US start-up carrier Airbahn plans to launch revenue service in the second quarter as it works through the Federal Aviation Administration’s certification process.
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NewsSun Country to ‘grow sensibly’ after reporting small Q4 loss
Sun Country Airlines says it continues to “grow sensibly through the recovery” as it posts a small loss for the fourth quarter of 2021.
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Airline BusinessFrontier-Spirit deal solves several issues in hotly contested ULCC market: analysts
Analysts say Frontier Airlines’ proposed acquisition of Spirit Airlines to create the largest ultra-low-cost carrier (ULCC) in the USA solves a number of potential issues in the hotly-contested low-price segment, which has been ripe for consolidation.
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NewsRedmond to succeed Gallagher as Allegiant chief executive
Long-standing Allegiant Travel chairman and chief executive Maurice Gallagher is to hand the chief executive role to company president John Redmond from June.
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NewsFrontier pitches Spirit acquisition as countering USA’s four mega airlines
Frontier Airlines expects its planned acquisition of Spirit Airlines will generate hundreds of millions of dollars in efficiencies and give the combined carrier the scale needed to better compete against the USA’s four mega airlines.
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NewsAmerican firms $200m Gol investment plan
American Airlines has firmed its planned $200 million investment in Gol, under which it is taking a 5.2% stake in the Brazilian budget carrier.
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NewsFrontier Airlines to buy and merge with low-cost rival Spirit Airlines
Frontier Airlines is to acquire and merge with US ultra-low-cost carrier rival Spirit Airlines in a $6.6 billion deal announced today. Under the terms of the merger agreement, which has been unanimously approved by both companies’ boards of directors, Spirit is valued at $2.9 billion and the transaction has a ...
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NewsVinci expects airports to hit break-even this year after tough 2021 for Gatwick and Japan
Multinational infrastructure firm Vinci expects its airports business to reach break-even on a net basis in 2022, if the public health situation continues to improve. The company – which has 53 airports across 12 countries in its portfolio – says passenger numbers will recover to “around 60%” of 2019 levels ...
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Airline BusinessBoeing 737 Max programme enjoys better news after order setbacks
Boeing’s 737 Max programme has enjoyed a much-needed period of positive news following an inauspicious end to 2021 that saw Air France-KLM and Qantas place significant narrowbody orders with Airbus.
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NewsSkywest posts profit for 2021, plans for looming pilot shortage
Regional carrier Skywest Airlines swung to profit in 2021, but says that the impending pilot shortage will negatively affect its 2022 planning.
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NewsLow-cost unit helps Air Astana top pre-crisis traffic levels in 2021
Air Astana Group topped pre-crisis passenger levels last year in carrying a record 6.62 million, almost half of which flew on its low-cost unit FlyArystan.