Strategy – Page 169
-
News
Venezuela air sector in 'havoc' despite broader regional growth
Though Venezuela's airline industry has descended into shambles, the broader Latin American air transport sector is on track to expand at a leading pace in the coming decade, says industry group IATA's regional vice-president for the Americas Peter Cerda.
-
News
Private investment driving aviation growth in Brazil: minister
Brazil is entering a new growth cycle that will see private investment driving expansion of commercial aviation, according to the country's minister for infrastructure Tarcisio Freitas.
-
News
Brazil government pro-aviation stance pushed air transport growth
The Brazilian government and local airline industry are using this year's ALTA Airline Leaders Forum to stress the country's recent pro-aviation advancements and the resulting boom in commercial aviation growth.
-
News
Copa chief says three-way JV behind schedule
The paperwork for anti-trust immunity for a joint venture between United Airlines, Panama's Copa Airlines and Colombia's Avianca will likely not be filed with regulators until next year, thus pushing back a potential start for the project to 2021 at the earliest, Copa's chief executive Pedro Heilbron said at the ...
-
News
INTERVIEW: ALTA chief on challenges for Latin America's airlines
Latin American and Caribbean Air Transport Association (ALTA) is heading into its annual Airline Leaders Forum with a positive growth story from the region's carriers, but also several familiar challenges that are weighing on ambitions.
-
News
India's Spicejet eyes Ras Al-Khaimah base
Indian low-cost carrier SpiceJet will begin flights to Ras Al-Khaimah this December after striking a deal on plans to create an "aviation hub" at the UAE airport.
-
News
Jazeera terminal attracting third-party airline interest
Kuwaiti budget carrier Jazeera Airways is claiming interest from other carriers in using its newly-developed dedicated terminal at its Kuwait City airport base.
-
News
Alaska Q3 profit driven by Hawaii routes
Alaska Air Group reported a net profit of $322 million during the third quarter, compared to $217 million during the same quarter in 2018 as the company continues its aggressive cost management mentality.
-
News
Spirit Q3 profit hit by heavy weather
Spirit Airlines reports $992 million in operating revenue during its third quarter, a 10% increase compared with the same quarter during 2018, delivering $83.5 million net profit as the ultra-low-cost carrier plans to build a new headquarters in Fort Lauderdale and expand its Airbus fleet.
-
News
Southwest takes $210m Max hit in Q3, expects another knock in Q4
Low-cost carrier Southwest Airlines says it lost $210 million in revenue during the third quarter as a result of the Boeing 737 Max grounding since March, and expects the loss to be higher in the fourth quarter due to the reshuffling of aircraft and schedule for traditional holiday season-related travel.
-
News
All-Airbus Jazeera open to Boeing switch: chief
Kuwait's Jazeera Airways is not ruling out a complete switch of aircraft type to the Boeing 737 Max as part of its development plan.
-
News
American expects 737 Max grounding cost to rise to $540m
American Airlines expects its total cost for the grounding of the Boeing 737 Max to be about $540 million in pre-tax earnings in 2019, up from a previous estimate of $400 million.
-
News
Jazeera rethinks model options for long-haul partnership
Kuwait's Jazeera Airways is examining alternative partnership strategies to broaden its long-haul reach, having backed away from earlier exploration of a joint venture.
-
News
Jazeera hints at Manchester if new London route performs
Kuwaiti budget carrier Jazeera Airways is to examine Manchester as a second UK route if performance on its new London Gatwick service meets targets. The airline is set to operate four times weekly to Gatwick from 27 October, using Airbus A320neo jets, and raise the frequency to daily starting in ...
-
News
Thai Airways offers reassurances after 'motivational' warning
Thai Airways has dismissed a report that it is at risk of being shut down, arguing that local media had "misconstrued messages conveyed in a meeting" with airline staff.
-
News
INTERVIEW: Jeju Air chief confronts tougher market
South Korean low-cost carrier Jeju Air plans to moderate growth as it faces more challenging conditions in key markets.
-
News
Chinese bank venture to take over 27 Norwegian A320neos
Scandinavian budget carrier Norwegian is to establish a joint venture with China Construction Bank Leasing to take over 27 Airbus A320neo aircraft scheduled for delivery from next year.
-
News
Brussels Airlines to downsize
Brussels Airlines is to implement a three-year downsizing strategy aimed at stemming losses and achieving sustainable profitability.
-
News
Finnair sees progress in sustainability push
Finnair has set 2050 as the year it hopes to halve its emissions, as it undertakes an ongoing sustainability push.
-
News
Hawaiian Q3 net income falls 16% as competition increases
Hawaiian Holdings, the parent company of Hawaiian Airlines, says net adjusted income fell 16% to $81.5 million in the third quarter of 2019 compared to the same period a year ago as increased competition weighed on airline’s results.