Strategy – Page 187
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News
American and Dallas/Fort Worth commit to new 24-gate terminal
American Airlines is committing to further growth at its Dallas/Fort Worth base, inking an agreement with the airport for an up to $3.5 billion new terminal at the hub.
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WestJet ratifies agreement with dispatchers
WestJet today has ratified a three-year agreement with its flight dispatchers, represented by the Canadian Airline Dispatchers Association (CALDA), continuing a wave of unionization at the airline.
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IndiGo nixes reports of rift between major shareholders
IndiGo chief executive Ronojoy Dutta has dismissed as “baseless speculation” reports of a rift between its two major shareholders, Rahul Bhatia and Rakesh Gangwal.
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SIA Group to lease jets amid 737 Max grounding
The Singapore Airlines (SIA) Group will lease 10-12 Airbus A320 family jets for budget unit Scoot as it works to deal with the continued grounding of the Boeing 737 Max 8.
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Indonesia to lower price limit on domestic fares by up to 16%
Indonesia will lower the price ceiling on domestic air tickets by up to 16% from 18 May due to public concerns about the higher cost of fares in recent months.
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Virgin Australia reviews network as it issues profit warning
Virgin Australia is reviewing its network as weakening demand in the domestic market is expected to drive it to an underlying pre-tax loss of at least A$35 million ($24.1 million) for the year to 30 June.
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Southwest eyes new gates at its Denver concourse
Southwest Airlines has requested to operate out of all 16 new gates that will be added to its concourse at Denver International airport, as part of an aggressive growth plan at the Mile High City.
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Air Canada in talks to acquire Transat AT
Air Canada will purchase Transat AT, the tourism company parent of Montreal-based leisure carrier Air Transat and combine the two companies.
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Thomas Cook confirms 'multiple bids' for airlines
Thomas Cook has received "multiple bids" for its airlines since launching a strategic review of the business in February, it confirmed today in disclosing half-year results.
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NewsInter-island Hawaii service performing well for Southwest
Southwest Airlines says its weeks-old inter-island service in Hawaii is performing "extraordinarily well", although the Dallas-based carrier's plan to ramp up flights in the Aloha State remains on hold with the grounding of its Boeing 737 Max fleet.
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AirAsia renews push for MAVCOM to intervene in airport dispute
AirAsia and AirAsia X are seeking a court order to compel Malaysian Aviation Commission (MAVCOM) to adjudicate their long-running dispute with Malaysia Airports Holdings (MAHB).
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Arik adjusts schedule as aircraft depart for maintenance
Arik Air has been forced to adjust its scheduled operations after taking aircraft out of service to meet MRO requirements.
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Jet Airways CFO resigns
Jet Airways’ chief financial officer and deputy chief executive Amit Agarwal resigned from the airline on 13 May.
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NewsAzul proposes fresh bid for Avianca Brazil assets
Azul has returned to the race for assets of bankrupt Avianca Brazil with a new offer, while the financially troubled carrier filed an appeal in court against the last-minute suspension of its bankruptcy auction last week.
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NewsPrivate equity fund Onex to acquire WestJet
Canada's second-largest carrier WestJet is to be acquired by Toronto-based private equity firm Onex for around C$5 billion ($3.7 billion), including debt.
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NewsLatest Emirates fleet plan completely omits 787-10s
Emirates Group’s newly-released annual report lists 234 future aircraft deliveries, but makes no mention of the Boeing 787-10s for which Emirates signed in 2017.
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Etihad prepared to reinvest in a restructured Jet
Etihad Airways has flagged its willingness to commit fresh capital in order to remain a minority shareholder in a restructured Jet Airways.
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Viva Air attracts $50 million investment from private equity firm
Irelandia Aviation has secured a $50 million investment from New York-based private equity firm Cartesian Capital Group for its Latin American low-cost carrier Viva Air Group, in exchange for an unspecified stake in the airline.
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Level underperformed in Paris and Vienna: IAG chief
IAG's budget carrier Level has performed below expectations in Paris and Vienna, group chief executive Willie Walsh admitted today.