Strategy – Page 164
-
NewsVietJet Air’s third-quarter profit up 12%
VietJet Air boosted operating profit 12% in the third quarter, to D1.91 trillion ($90.4 million), as revenue and passenger numbers rose.
-
News
AAPA sees trade, slowing economy affecting airline sector
The Association of Asia Pacific Airlines (AAPA) sees a number of danger signs that could affect the prospects for the industry, and believes governments could do more to facilitate air transport in the region.
-
News
SAA agrees conditional wage rise to end strike
South African Airways has reached a conditional agreement to end the week-long industrial action initiated by two of the carrier’s unions.
-
News
Jetlines sues Neeleman for $27m, alleges financing interference
Airline startup Canada Jetlines has sued industry executive David Neeleman and two Neeleman-affiliated companies, alleging they unlawfully derailed Jetlines’ financing plans as they poached Jetlines former chief executive Lukas Johnson.
-
News
SAA faces legal bid to force court-appointed rescue
South African trade union Solidarity is making a legal bid to have embattled flag carrier South African Airways placed under formal business rescue.
-
NewsBrazil takes steps towards realising airline potential
Brazil’s commercial aviation market can appear as infuriating as it is irresistible.
-
News
Alitalia unions demand urgent resolution as bid deadline passes
Italian flight unions are pressing the country’s government to establish firm conditions which will enable a relaunch of Alitalia, after the latest bid deadline for the troubled flag carrier passed.
-
News
American Airlines will add 20 new routes for summer 2020
American Airlines says it will be flying at least 20 new seasonal routes starting in the summer of 2020, including to Martha’s Vineyard and Nantucket, as well as additional connections from two secondary US cities to its Latin American Gateway hub, Miami.
-
News
TAP deploys A321LRs for transatlantic expansion
Portuguese carrier TAP is to open new transatlantic services with its long-range Airbus A321LR fleet, operating to Montreal, Boston via the Azores, and a new Brazilian destination.
-
News
Embattled SAA temporarily halts Hong Kong services
South African Airways is suspending its Hong Kong service for three weeks owing to losses it is incurring on the route, which have deepened as a result of the political unrest in the territory.
-
News
JAL buys out Mitsubishi’s stake in Jetstar Japan
Japan Airlines (JAL) now holds 50% of the voting rights stock in Jetstar Japan, after acquiring Mitsubishi Corporation’s entire 16.7% stake in the budget airline.
-
News
Khazanah Nasional chief: Malaysia plagued by overcapacity
Khazanah Nasional’s managing director, Shahril Ridza Ridzuan opined that Malaysia faces an overcapacity issue, which is reflected in Malaysia Airlines’ persistent losses.
-
News
American's flight attendants weigh Boeing suit over Max grounding
American Airlines’ flight attendants union will determine this week if it has sufficient grounds to sue Boeing for damages resulting from the March 2019 grounding of 737 Max aircraft.
-
News
Conditions for Alitalia bid consortium not yet met: rail firm
Italian rail industry firm Ferrovie dello Stato Italiane Group believes the conditions necessary to form a consortium to take over Alitalia have yet to materialise.
-
News
Qantas seeks to close 'gaps' on Project Sunrise jet offers
Qantas is seeking better offers from Airbus and Boeing regarding various aspects of the aircraft proposal each airframer is submitting for the Australian carrier’s ultra-long haul Project Sunrise programme.
-
NewsNorwegian names new chief as restructuring efforts continue
Restructuring low-cost carrier Norwegian has named former Circle K group president Europe and McKinsey advisor Jacob Schram as its new chief executive.
-
News
SpiceJet and Gulf Air sign MoU for wide-ranging cooperation
Indian low-cost carrier SpiceJet and Bahrain’s Gulf Air have signed a memorandum of understanding to explore opportunities for cooperation.
-
News
Atlantia backs away from Alitalia consortium participation
Rome airport shareholder Atlantia has declared that it is not prepared to participate in a consortium to bid for Alitalia because the right conditions have not been met.
-
NewsUS airlines expect record-breaking Thanksgiving travel season
Major US airlines expect the Thanksgiving holiday travel season to break records as airlines continue to deal with the fallout of the grounding of the Boeing 737 Max aircraft, a lobby group for the commercial aviation industry says on 19 November.