Strategy – Page 123
-
NewsRyanair chief Wilson hopeful of ‘extended summer’
Ryanair chief executive Eddie Wilson remains optimistic of a strong lift in air travel in Europe this summer and expects consumers will extend holiday plans later into the year
-
NewsAlaska stems losses in Q1, buoyed by US government funds
Alaska Air Group lost $131 million in the first quarter of 2021, a significant improvement from the previous quarter thanks largely to pandemic-related US government aid.
-
NewsIAG commits to 10% sustainable fuel use by 2030
IAG has pledged to power 10% of its flights with sustainable aviation fuel (SAF) by 2030, a goal that it says will allow it to cut its annual CO2 emissions by two million tonnes.
-
NewsSpirit anticipates positive earnings in 2021
Spirit Airlines is optimistic that it will be one of the first carriers to pull out of the coronavirus-driven industry crisis as leisure travellers begin to return and book vacations in greater numbers.
-
NewsAviation leaders ask for mask mandate extension, reopening to tourists
Aviation leaders have asked the US government to extend a national mask mandate aboard aircraft and in airports, and to develop a robust plan to reopen the country to foreign visitors.
-
NewsEmirates boss Clark confident premium seats will be filled
Emirates Airline president Tim Clark believes airlines will be able to fill business-class and premium-economy seats following the pandemic even if demand for corporate travel remains depressed.
-
NewsIATA deepens industry loss forecast for 2021 on slower recovery
IATA has deepened its forecast for airline net losses in 2021 to $47.7 billion due to the slower than hoped for recovery in air travel from the pandemic.
-
NewsPremium travel market changed by pandemic: Virgin Atlantic chief
Virgin Atlantic chief executive Shai Weiss expects that although business and premium leisure travel will rebound after the pandemic, it will be “in a new format”.
-
NewsAmerican recalls pilots, will hire up to 900 more by end-2022
American Airlines is recalling all of its pilots ahead of what the carrier anticipates will be a busy summer travel season.
-
NewsInternational capacity rise helps support Aeromexico Q1 results
Grupo Aeromexico, the parent company of Mexico’s legacy carrier, says a small rise in international capacity is helping the airline slowly recover from the coronavirus crisis as it continues to work through bankruptcy protection proceedings.
-
NewsIATA chief sees airlines ‘more cautious’ in post-pandemic networks
A focus on tackling the mounting debt burden is likely to result in airlines adopting a more cautious approach to building back their networks post-pandemic, believes new IATA director general Willie Walsh.
-
NewsEasyJet keeping one eye on growth: chief
EasyJet remains in expansion mode and is laying the groundwork to achieve this over the coming years, according to the UK low-cost carrier’s chief executive Johan Lundgren.
-
NewsAirline industry is ‘up for the challenge’ on environment: Walsh
New IATA director general Willie Walsh cites continued airline investments in sustainability initiatives – despite the financial pressure from the global pandemic – as evidence for his confidence the industry can meet the challenge of cutting its greenhouse emissions.
-
NewsJuneyao latest Chinese carrier to suffer losses in 2020
Chinese carrier Juneyao Air was loss-making in 2020, much like its larger, state-owned compatriots, which have also saw their profitability punished by the impact of the coronavirus outbreak.
-
NewsUnited loses $1.4bn in Q1, sees path to profitability
United Airlines lost $1.4 billion in the first quarter but sees a path to profitability as customers return to air travel in greater numbers.
-
NewsAir Nostrum seeks €103 million of government aid
Spanish carrier Air Nostrum is seeking €103 million ($124 million) of government financial support due to the impact of the pandemic on its operations.
-
NewsUK regulator clears path for JetBlue transatlantic debut
UK regulators have cleared JetBlue Airways to launch flights to London from New York and Boston, a further step in the carrier’s plans to begin transatlantic services this year.
-
NewsSmith sees Transavia as key tool to counter loss of Air France’s Orly slots
Air France-KLM group chief executive Ben Smith believes the flexibility union agreements have given it to develop low-cost unit Transavia at Paris Orly provides the group with a tool to help offset the loss of slots at the airport.
-
NewsChina’s airlines expected to narrow first-quarter losses amid traffic surge
The Chinese airline industry is forecast to be about CNY30 billion ($4.6 billion) in the red for the quarter ended 31 March, narrowing its losses year on year amid an improvement in “recovery momentum”.
-
NewsUS regional carrier ExpressJet plans comeback
ExpressJet, a US regional carrier which ceased operations in September, has requested to resume scheduled service under its own brand.