Strategy – Page 22
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Malaysia’s Capital A seals wide-ranging partnership with Garuda Indonesia
Malaysia’s Capital A has signed a strategic partnership agreement with Garuda Indonesia, a move that sees the AirAsia group of low-cost carriers enter into an interline agreement with Garuda unit Citilink.
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TAP chief upbeat as Portugal set to approve privatisation plan
TAP Air Portugal chief executive Luis Rodrigues is hopeful of completing privatisation of the carrier within the next year as Portugal’s government is expected tomorrow to back a decree covering its planned sale process.
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SkyWest’s CEO Chip Childs reveals the regional carrier is ‘1,200 pilots short’
Regional airlines continue to be most acutely affected by the USA’s ongoing pilot shortage as SkyWest Airlines remains some 1,200 pilots below its pre-pandemic flight crew staffing levels.
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American appeals court ruling against collaboration with JetBlue
American Airlines has appealed a court ruling that struck down its so-called ”Northeast Alliance” (NEA) with JetBlue Airways, the Fort Worth-based airline said on 25 September.
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Rex to add more 737s by end-June, amid cuts to regional network
Australia’s Regional Express (Rex) intends to add two more Boeing 737-800s by end-June 2024, as it expands its mainline domestic operations.
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JetBlue-Spirit trial could be delayed by looming US government shutdown
The US Department of Justice’s antitrust trial to block low-cost carrier JetBlue Airways’ acquisition of Spirit Airlines could be delayed if the federal government shuts down for more than two weeks.
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United’s Leskinen will succeed Laderman as CFO
United Airlines has named former vice-president of investor relations Michael Leskinen as its next chief financial officer, effective immediately, succeeding Gerry Laderman, who is scheduled to retire from the company in September 2024
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Air Transat and CAE to build pilot pipeline with new Ascension Academy
Canadian leisure carrier Air Transat and CAE have created a new cadet academy to help the airline meet soaring demand for pilots.
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AirAsia Cambodia to launch in November, with MRO unit to follow
AirAsia’s Cambodia unit will begin operations in November, as sister company Asia Digital Engineering (ADE) looks to set up an MRO joint venture in the country.
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IAero Group files for Chapter 11 bankruptcy protection
IAero Group, formerly Swift Air, has voluntarily filed for Chapter 11 bankruptcy protection in Florida.
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UPS names Bill Moore as next president of UPS Airlines
UPS has named Bill Moore as the next president of UPS Airlines, effective next month.
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Bamboo Airways vows restructuring amid challenging year
Embattled Vietnamese carrier Bamboo Airways says work to restructure its operations is ongoing, as it targets improvements in its financial performance.
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Malaysia Airlines, Cathay axe joint-business plans
Cathay Pacific and Malaysia Airlines will not proceed with plans for a joint-business, after regulators in Malaysia expressed concern over the “significant reduction” in competition.
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Australian competition regulator proposes to deny Qantas-China Eastern partnership
The Australian Competition and Consumer Commission (ACCC) is proposing to block Qantas’ plans to renew its partnership with China Eastern Airlines, citing price hike concerns amid a return of Chinese travellers to Australia.
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Transat AT posts first profitable quarter since 2019 due to strong leisure demand
The parent of Canadian carrier Air Transat reports on 14 September making C$57.3 million ($43.5 million) during its fiscal third quarter – its first quarterly profit since late 2019.
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Mesa Airlines CFO Zubeck to leave US regional carrier
After working for nearly two years as chief financial officer of US regional carrier Mesa Airlines, Daniel Torque Zubeck is resigning from the company effective 15 September.
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United’s bookings remain high as hub strategy pays off: Leskinen
As numerous US airlines revised their third-quarter results estimates due to higher fuel prices and lower-than-expected bookings, United Airlines remains committed to the financial guidance it published in July, touting its hub-and-spoke network as well as its United Next strategy.
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‘Canary in the coal mine’: Frontier cuts Q3 capacity forecast as bookings sag
Frontier Airlines has cut its capacity forecast for the third quarter based on lower bookings and higher fuel prices, making it the latest North American carrier to lower expectations for the period.
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‘Infuriating’: Hawaiian’s CEO blasts Pratt’s PW1100G response as airlines plan to ground more jets
Hawaiian Airlines’ chief executive has taken issue with how RTX and subsidiary Pratt & Whitney (P&W) apparently plan to handle its massive recall of PW1100G geared turbofans (GTFs), which power Hawaiian’s Airbus A321neos.
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Spirit reduces Q3 revenue forecast due to fuel cost bump
Ultra-low-cost carrier Spirit Airlines has become the latest US airline to lower its third-quarter revenue forecast based on higher-than-expected fuel costs.