Strategy – Page 160
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NewsSuperjet plan emerges ahead of Adria Airways AOC auction
Collapsed Slovenian flag-carrier Adria Airways’ air operator’s certificate is set to be auctioned on 23 January, and the administrator for the bankrupt company is formally inviting bids. The invitation says the lot being presented for auction effectively amounts to the whole business of Adria, in particular all permits to operate ...
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NewsRomanian government discusses funding to rescue Tarom
Romania’s government has discussed allocating critical financial support to ailing flag-carrier Tarom during a meeting on 16 January. Transport minister Lucian Bode had asked prime minister Ludovic Orban to approve a draft memorandum for granting rescue aid, supplemented with restructuring aid, for 2020. After the meeting the head of the ...
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NewsANA expands Australian network with Virgin codeshare
ANA has inked a commercial partnership agreement with Virgin Australia, a new entrant to the Australia-Japan sector. From 30 January, ANA will place its code on six domestic routes operated by Virgin, from Sydney to Brisbane, Melbourne, Cairns, Canberra, Gold Coast and Adelaide. The partners expect to announce more codeshare ...
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NewsRyanair demands industry-wide UK passenger duty exemption
The UK will be in breach of competition and state-aid laws unless it extends the exemption of air passenger duty it has promised Flybe to the wider industry, Ryanair’s Michael O’Leary has argued.
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NewsSouth African Airways to sell nine A340s as part of restructuring effort
South African Airways has put more than half of its Airbus A340 fleet and a variety of spare parts up for sale, as part of efforts to restructure following the carrier’s decision last month to voluntarily enter business rescue proceedings.
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NewsStobart to provide up to £9 million in Flybe funding
Stobart Group has committed up to £9 million ($12 million) in short-term funding for Flybe as part of the Connect Airways’ consortium’s investment to keep the struggling UK regional carrier flying.
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NewsBritish Airways offers promotional prices on Flybe-contested domestic routes
British Airways has included domestic routes in a ticket sale launched two days after the UK government disclosed a rescue deal for regional carrier Flybe.
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NewsKuwait Airways turns in huge full-year loss
Kuwait Airways’ latest full-year financial figures show the airline’s losses worsened to KD131.9 million ($435 million), the equivalent of over $17 million in losses for every aircraft in its fleet. Its revenues for the year to 31 December 2018 rose by 10% to KD344 million. While it slashed overall employee ...
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AnalysisWhy Flybe’s market role created a UK political quandary
Struggling UK regional carrier Flybe operates more than a third of the country’s domestic flights and carries more than a quarter of domestic passengers, Cirium schedules data shows.
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NewsUK government reaches agreement to keep Flybe operating
The UK government has reached an agreement to keep regional airline Flybe operating.
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NewsUK considers domestic aviation tax cut to save Flybe: reports
The British government is considering a removal of air passenger duty on domestic flights in a bid to help regional carrier Flybe, the BBC reports.
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NewsEtihad joins EasyJet’s connection platform
Etihad Airways has become the latest carrier to join the Worldwide by EasyJet connections platform, enabling the two airlines’ passengers to seamlessly connect between their respective networks.
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NewsLufthansa agrees to mediation talks with cabin-crew union
Lufthansa Group has accepted a flight-attendant union’s proposal that a long-running labour dispute be addressed through mediation talks.
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NewsQatar Airways to codeshare with German rail company
Qatar Airways and German rail company Deutsche Bahn have signed a codeshare agreement that will enable the Middle Eastern carrier’s passengers to connect from Frankfurt to eight cities across Germany.
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News‘Flight shame’ a factor in Swedish traffic decline
Passenger numbers at Swedish airports declined 4% last year, to around 40 million, from an all-time high the previous year.
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NewsTUIfly to start German-based 787 operation in Dusseldorf
TUI’s German airline operation has selected Dusseldorf as a base for a planned long-haul operation with Boeing 787s.
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AnalysisWhy IAG’s outgoing chief will be a tough act to follow
The structure of IAG, with Willie Walsh as chief architect, has arguably given it the strongest foundations among peers.
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NewsRyanair ups annual profit guidance from €800-900m to €1bn
Ryanair has raised its profit guidance for the year ending 31 March to €1 billion ($1.1 billion), from a previous €800-€90 million, after a last-minute surge in Christmas and New Year bookings.
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NewsAir Lease chief Plueger praises ‘order-book model’
New or recent entrants to the aircraft leasing marketplace that lack discipline risk becoming buying opportunities for the top handful of lessors, says Air Lease Corporation chief executive John Plueger at the 9 January Bank of America Merrill Lynch 2020 Defense Outlook & Commercial Aerospace Forum in New York. Drawing ...
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NewsGallego to provide ‘continuity’ as new IAG chief: Bernstein
Iberia boss Luis Gallego’s appointment to succeed Willie Walsh when the IAG chief executive retires later this year has been welcomed by Bernstein analysts, who see him as a “continuity” candidate.