Strategy – Page 166
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NewsWizz profit jumps on firmer margins
Budapest-based low-cost carrier Wizz Air has posted sharply higher first-half profits as it continues to cut unit cost and increase passenger numbers.
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NewsCopa’s Wingo names new chief executive
Wingo, the Colombian low-cost subsidiary of Panama’s Star Alliance carrier Copa Airlines, has appointed Carolina Cortizo Colon as its new chief executive.
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Cathay trims year-end capacity over Hong Kong pressure
Cathay Pacific's traffic figures for October continued their downward trend for the fourth straight month, as the carrier flagged "significant pressure" on its overall passenger yield.
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News
Hawaiian responds to US DOT for JAL joint venture
Hawaiian Airlines has submitted further detailed information to the US Department of Transportation (DOT) in support of its proposed joint venture with Japan Air Lines, as it strives to gain antitrust immunity for the transpacific alliance.
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News
Kumho selects Hyundai Development consortium for Asiana stake
Kumho Industrial has selected the Hyundai Development-Mirae Asset Daewoo consortium as the preferred bidder for its 31% stake in Asiana Airlines.
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Thai AirAsia parent narrows third-quarter loss
Thai AirAsia’s parent company narrowed its losses in the third quarter, from a Bt531 million ($17.5 million) operating loss in 2018 to Bt482 million in 2019.
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Finnair modernisation to take fleet to 100 aircraft
Finnair is aiming to increase its fleet to more than 100 aircraft under a six-year development plan which will focus on achieving a sustainable, profitable growth path.
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News
Boeing's orders slipped in October as airlines swap 737 Max
Boeing's total number of commercial aircraft orders received in 2019 dropped by 11 during October as at least one customer swapped orders for the 737 Max to the 787.
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Sriwijaya Air ends Citilink management deal
Sriwijaya Air has ended a management deal it has with Garuda Indonesia's low-cost arm Citilink, leaving the carrier to chart its own independent path.
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AirAsia X and AirAsia to profit-share on KL-Singapore route
AirAsia and long-haul sister carrier AirAsia X (AAX) have signed a profit-sharing agreement for flights between Kuala Lumpur and Singapore, effective 10 November.
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Analysis
US regulators turn gaze on aircraft acquired overseas
Whistleblowers at the US Federal Aviation Administration and the US Department of Transportation contend that some aircraft operated by Southwest Airlines that had previously been operated by airlines outside the US remained in service despite having maintenance records that were “alarmingly insufficient,” according to the US Senate Committee on Commerce, ...
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Restructuring South African Airways looks to slash workforce
South African Airways is poised to cut close to 20% of its workforce as part of an effort to restructure the heavily loss-making carrier.
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Qantas aims for 'net zero' carbon emissions by 2050
Qantas has become the second major carrier group to announce a target of "net zero" carbon emissions by 2050 as part of "a major expansion of the airline's commitment to a more sustainable aviation industry".
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Indonesia's Citilink commences freighter service
Indonesia's Citilink has commenced freighter services using a Boeing 737-500 on 10 November.
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Alliances 'poor substitute' for true mergers: IAG's Walsh
IAG chief Willie Walsh believes airline alliances are still relevant, owing to restrictions in the air transport industry, but that true corporate mergers are a much more preferable course.
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American pushes 737 Max service re-entry to March
American Airlines has taken the grounded Boeing 737 Max out of its schedule until 5 March 2020. The announcement comes following Southwest Airlines' statement earlier in the day that it too would delay scheduling the aircraft until early March.
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IAG needs to rationalise its multiple airline brands: Walsh
IAG has indicated that it is looking at rationalisation of its multiple airline brands, although it intends to maintain the name of its latest acquisition prospect, Air Europa, at least initially.
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IAG's Walsh vows to retire within two years
IAG chief executive Willie Walsh plans to retire within the next two years from his post at the helm of the British Airways and Iberia parent company.
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Jet2 buys Thomas Cook slots at trio of UK airports
UK budget airline Jet2 has purchased slots previously by defunct leisure operator Thomas Cook at Birmingham, Manchester and Stansted airports.