Strategy – Page 29
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Lynx Air pilots seek first collective agreement
Pilots at Canadian ultra-low-cost carrier Lynx Air have sent a notice to the airline’s management requesting to open negotiations on their first collective agreement.
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Qantas names new finance and domestic chiefs in management overhaul
Qantas has made several changes to its senior leadership teams as incoming CEO Vanessa Hudson prepares to take helm of the airline group in November.
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United spars with FAA as carriers face New York operational meltdowns
Major US airlines are suffering operational meltdowns in New York City, cancelling hundreds of flights in recent days and prompting a spat between United Airlines and the Federal Aviation Administration.
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Qantas ‘on track’ for record profit targets as peak travel season looms
Qantas says it remains “on track to deliver” a record profit for the year ending 30 June, as it expects a bumper holiday travel season in July.
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Rex blames ‘supply chain shocks’ in surprise loss forecast
Australia’s Regional Express expects to post an annual loss, in a sobering about-face from its optimism of returning to profitability earlier this year, as it blames supply chain “shocks” as well as a decline in business travel demand.
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FedEx to ground more aircraft as profits come under pressure
Freight giant FedEx will ground more aircraft after both revenues and operating income declined during its fiscal fourth quarter due to “demand weakness and cost inflation”.
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Avolon satisfied with healthy order backlog
“Without question, the order book is exactly where we want it to be for the next three years,” says Andy Cronin, chief executive of global lessor Avolon, announcing the signing of a memorandum of understanding to order 20 Airbus A330neos at Paris air show on 21 June.
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Embraer eyes freighter conversion line in China as it reveals E-Jet P2F deal
Embraer signed a letter of agreement with Lanzhou Aviation Industry Development Group for 20 E-Jet passenger-to-freighter (P2F) conversions at the Paris air show on 21 June, in a deal that could see it establish a conversion facility in China.
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Azul orders three more ATR 72-600s
Brazilian carrier Azul will take three more ATR 72-600 turboprops under a firm order announced at the Paris air show on 20 June.
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Luxair becomes European launch customer for Boeing 737 Max 7
Luxembourg’s flag-carrier Luxair ordered four Boeing 737 Max 7 twinjets at the Paris air show on 21 June, becoming the European launch customer for the variant.
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AirAsia’s Fernandes teases large aircraft order, eyes more widebodies
The AirAsia group of airlines “will definitely” be placing a large order for aircraft over “the next two years”, although it will not be adding to the flurry of order announcements at this year’s Paris air show.
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Investors line up for United Airlines-run SAF fund
United Airlines Ventures (UAV) is in “active discussions” with airlines, lessors and major oil companies to join the Sustainable Flight Fund, a venture capital fund launched and managed by United in February aimed at supporting start-up firms with technology to increase the production of sustainable aviation fuels (SAF).
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Philippine Airlines firms order for nine A350-1000s
Philippine Airlines firmed an order for nine Airbus A350-1000s at the Paris air show on 20 June.
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Jet2 sticks with Leap engines for A320neo follow-on order
UK leisure carrier Jet2 has chosen CFM International Leap-1A engines to power more of its incoming Airbus A320neo-family jets. The latest commitment – unveiled at Paris air show on 19 June – covers the 35 firm orders and 36 options that Jet2 announced in October last year. Source: ...
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Air Baltic to open winter base in Gran Canaria
Air Baltic will open a seasonal base at Las Palmas in Gran Canaria for the upcoming winter season, as it looks to expand its footprint beyond its traditional bases.
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ALPA council approves deal to provide FedEx pilots 30% raise
The FedEx Master Executive Council (MEC), the governing body of the FedEx unit of the Air Line Pilots Association (ALPA), have approved a tentative pilot contract reached with the express airline last month.
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Unions sue Republic Airways, Cape Air over contracts for new pilots
US regional carriers Republic Airways and Cape Air are being sued by their respective pilots’ unions for offering contracts that include financial penalties of up to $250,000 if pilots leave before completing their contracts.
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American, JetBlue seek to retain codeshares and frequent flier ties in US Northeast
The US Department of Justice is tussling with American Airlines and JetBlue Airways over whether the carriers should be allowed to maintain codeshares and reciprocal frequent flyer benefits in the Northeast US.
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WestJet finalises new pilot contract, to fully integrate ULCC subsidiary Swoop
WestJet pilots have approved a new four-year contract with the Calgary-based carrier, which will now begin integrating ultra-low-cost subsidiary Swoop into its mainline operations.
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Allegiant agrees to 40% pay raises for some flight attendants
Allegiant Air and the union representing its flight attendants have reached a deal that stands to make the airline’s cabin crew among the best payed in the US low-cost airline segment.