Strategy – Page 118
-
NewsAirAsia’s first dedicated freighters to begin operations in Q3
AirAsia will operate its first dedicated cargo aircraft — a Boeing 737-800 freighter — in the third quarter of the year, as the low-cost giant doubles down on expanding in the region’s fledgling cargo market.
-
NewsDomestic Covid-19 resurgence to push Rex to full-year loss
Australia’s Regional Express has revised its full-year earnings forecast — from breaking even to a pre-tax loss — as a resurgence in coronavirus cases has forced a significant number of flight cancellations.
-
NewsGol acquires regional operator MAP for R$28 million
Brazilian low-cost carrier Gol will acquire compatriot and regional operator MAP Linhas Aéreas, in a R$28 million ($5.56 million) deal that will give Gol a boost in its domestic network.
-
NewsRestructuring ‘deemed necessary’ to help Hong Kong Airlines stay afloat
Embattled Hong Kong Airlines (HKA) has hinted at restructuring into a “leaner and more efficient” carrier, as the coronavirus pandemic worsens its shaky financial situation.
-
NewsUS and Canadian airlines call for border opening
US and Canadian airlines have appealed to the government of Canadian prime minister Justin Trudeau to ease travel restrictions between the countries, insisting high vaccination rates on both sides of the border make safe travel possible.
-
NewsAmerican expects business travel to return more quickly
American Airlines says business travel is returning more quickly than originally expected, and leisure bookings will continue to remain strong through the coming months.
-
NewsEmirates adds first Miami flights as Gulf carriers embrace US return
Emirates is to launch its first service to Miami in July, the latest step as Gulf carriers build back their US networks to pre-Covid crisis levels.
-
NewsRyanair loads take small step forward in May
Ryanair carried 1.8 million passengers in May, its highest amount since December but still well down on the 14 million it flew in the corresponding month before the crisis.
-
NewsAirAsia X gets shareholders' nod for restructuring
Beleaguered AirAsia X has gained shareholder approval to proceed with its corporate restructuring plan, as it reiterated its commitment to an operational restart “as soon as possible”.
-
NewsVolotea sees capacity 30% above pre-crisis levels this summer
European carrier Volotea expects to lift seat capacity by around a third this summer compared to its pre-Covid peak in 2019 fuelled by the addition of 70 new routes.
-
NewsStobart Air sale delayed after buyer hits financing hurdle
The proposed sale of regional operator Stobart Air and Carlisle Lake District airport has hit turbulence after the buyer’s proposed financing for the deal fell through.
-
NewsAirlines and airports warn Covid-19 checks could cause ‘summer chaos’
An “unprecedented operational challenge” is ahead for airlines and airports in the coming months, as they grapple with time-consuming Covid-19 checks and space-constrained facilities during the expected recovery in passenger traffic, according to key industry trade bodies.
-
NewsAustrian completes phase-out of Dash 8 fleet
Austrian Airlines carried out its last De Havilland Dash 8-Q400 turboprop flight on 31 May, completing the retirement of the type from its fleet.
-
NewsAuditor questions Indonesia AirAsia’s future amid full-year losses
The parent company of Indonesia AirAsia plunged to the red in its full-year earnings, as its auditors cast “significant doubt” on the carrier’s future.
-
NewsJapanese operators Air Do, Solaseed Air to merge
Japanese regional operators Air Do and Solaseed Air will merge by 2022, in what appears to be the first signs of consolidation in the country’s airline market in recent years.
-
NewsRyanair lashes out at Irish government over quarantine for UK travellers
Ryanair has strongly criticised the Irish government’s reluctance to allow quarantine-free travel to the country from the UK amid concerns about the spread of a likely more-transmissible variant of Covid-19 first identified in India.
-
NewsCanadian travel sector presses government for reopening strategy
Representatives from Canada’s airlines, airports and tourism sector have called on the government to quickly develop a national strategy to reopen the country to travel.
-
NewsGaruda Indonesia targets cargo revenue increase amid restructuring rumours
Beleaguered Garuda Indonesia is planning to significantly boost its cargo revenue in the near-term, as part of efforts to stem its losses amid the coronavirus outbreak.
-
NewsHawaiian shutters Ohana regional subsidiary
Hawaiian Airlines has pulled the plug on its Ohana by Hawaiian subsidiary as the pandemic and ongoing risk mitigation measures have led to a sharp decline in neighbour island service demand.
-
NewsAirAsia Group targets recovery in two years after Q1 loss widens
Ongoing travel restrictions have contributed to a 2.4% year-on-year widening of AirAsia Group’s first-quarter net loss, to MYR976 million ($235.8 million).