All Strategy articles – Page 98
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News
Lufthansa teams with shipping firm in bid for majority of ITA Airways
German carrier Lufthansa and shipping firm MSC Group have jointly submitted an expression of interest to acquire the majority of new Italian national carrier ITA Airways.
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News
Airline body hails ‘landmark day’ as UK drops day-two Covid-19 tests
A UK airline association has hailed 24 January as a “landmark day” after the country’s transport minister confirmed day-two Covid-19 testing will soon be dropped for fully vaccinated arrivals.
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Airline Business
If 2022 is not the year for new airline partnerships, when will be?
As the sector emerges from the pandemic, many airline chief executives are talking up the value of partnerships with renewed enthusiasm.
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Airline Business
Airline response to 5G woes reflects crisis-hardened industry
It probably says a lot about the depth of the airline industry’s pain in over the past 22 months or so that the 5G issues in the USA feel like a bump in the road rather than anything more serious.
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News
Qantas cuts domestic capacity again amid border reopening delays
Qantas Group has further trimmed domestic capacity through end-March, amid an indefinitely delayed border reopening in Western Australia.
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News
American now anticipates full recovery no sooner than 2023
American Airlines has pushed back the timeframe by which it expects to fully recover from the pandemic downturn to no sooner than 2023.
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News
American loses $2bn in 2021 even with billions in taxpayer aid
American Airlines lost $2 billion in 2021 despite taking $4.2 billion in US government aid, and the company predicts revenue in early 2022 will continue to significantly lag 2019 figures.
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News
United Airlines lost $646m in Q4 as Omicron delayed recovery
United Airlines lost $646 million in the fourth quarter of 2021 as the Omicron variant of Covid-19 impacted air travel and delayed the airline’s anticipated recovery.
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News
Virgin Atlantic to codeshare with LATAM Airlines
Delta Air Lines partners Virgin Atlantic and LATAM Airlines are to begin codesharing on flights between and beyond London and Sao Paulo.
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News
EU assurances on airport slots not enough for Air France-KLM and Lufthansa
European Commission assurances that existing airport slot regulations make so-called ‘ghost flights’ unnecessary have failed to placate two of the region’s largest airline groups, with both Air France-KLM and Lufthansa Group since asking for rules to be relaxed during the current northern hemisphere winter season.
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Airline Business
Amid US-China flight suspension spat, what price, zero infection?
As China doubles down on ’zero-Covid’, it risks further isolating itself, as well as its airlines, on the global stage.
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News
Omicron caused ‘hellacious’ weeks for Delta: CEO
Delta Air Lines expects to post a loss for the first quarter of 2022 as the Omicron variant of Covid-19 forced the carrier to cancel hundreds of flights in recent weeks.
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News
KLM chief Elbers to step down in 2023 when second term ends
KLM chief executive Pieter Elbers will step down from the role at the start of May 2023 when his second term in the position comes to an end.
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News
Airlines brace for tough start to 2022 as Omicron response hits bookings
Ticket bookings for international travel in particular have taken a hit amid the spread of the Omicron variant of Covid-19, according IATA.
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News
Strong fourth quarter and government aid push Delta to full-year profit
Delta Air Lines posted a pre-tax loss of $3.4 billion in 2021, though reached the black when accounting for extraordinary items including the US Government’s payroll support programme.
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News
Ethiopian Airlines could reach pre-Covid capacity level in 2022
Ethiopian Airlines expects its capacity to reach near pre-crisis levels in 2022 as the carrier emerges from the Covid-19 downturn buoyed by a strong performance from its cargo business.
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News
UK start-up Hans Airways eyes summer launch after securing first A330
UK start-up Hans Airways has signed a letter of intent for its first aircraft, an Airbus A330-200, as it bids to launch services this year.
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News
Finnair delays Dallas launch as staff sick leave forces February flying cuts
Finnair is cutting its February 2022 flying programme in response to increased sick leave among its employees and those of its partners, with the launch of services to Dallas and the return of Nagoya flights both pushed back as a result.
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News
Aeromexico’s creditors approve restructuring plan
Grupo Aeromexico’s creditors have approved its restructuring plan, moving the Mexican carrier one step closer to exiting Chapter 11 bankruptcy proceedings in a US court.
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Airline Business
Air France-KLM sustainable-fuel ticket levy may herald wider trend
Air France-KLM Group airlines are adding a sustainable aviation fuel (SAF) levy to ticket sales as they seek to increase its use – voluntarily in the case of KLM and mandated by the government when it comes to the business’s French operations.