Strategy – Page 32
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Delta names Michael Spanos as its new COO
Delta Air Lines has named Michael Spanos as its new chief operating officer, effective next month.
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Lufthansa Group to buy four ex-LATAM Airlines A350-900s
Lufthansa Group will purchase four ex-LATAM Airlines Airbus A350-900s and add them its fleet this year.
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Qantas forecasts bumper annual profit amid strong travel demand
Qantas expects a record full-year profit on the back of “continued strong travel demand”, and as fuel costs and supply chain issues begin to moderate.
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US DOT fines LATAM $1m for delaying refunds for cancelled flights
The US Department of Transportation’s Office of Aviation Consumer Protection (OACP) has fined LATAM Airlines Group $1 million in civil penalties for dragging its feet on refunding customers for cancelled flights during the Covid-19 crisis.
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Demise of Northeast Alliance puts JetBlue and American in tight spot: analysts
Analysts paint a grim picture of the situation JetBlue Airways and American Airlines find themselves in after a judge struck down their now-four-year collaboration in the Northeast USA, shortly before the airlines’ peak summer travel season begins.
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American and JetBlue blast court decision on ‘Northeast Alliance’
American Airlines and JetBlue Airways have sharply criticised a judge’s decision to dissolve their so-called ‘Northeast Alliance’.
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Judge orders JetBlue-American ‘Northeast Alliance’ dissolved
The US Department of Justice (DOJ) has won its lawsuit against American Airlines and JetBlue Airways, with a judge ordering the carriers to unwind their so-called “Northeast Alliance” (NEA).
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American Airlines reaches agreement-in-principle with pilots
American Airlines has come to an agreement-in-principle on a new contract with its pilots, who are represented by union Allied Pilots Association (APA).
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WestJet reaches tentative deal ahead of pilots’ strike
Canadian carrier WestJet has reached a tentative deal with pilots working at the airline and its low-cost unit Swoop in a move averting strike action which was due to begin today.
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Sun Country’s utilisation hindered by low ‘pilot production’
Minnesota-based ultra-low-cost carrier Sun Country Airlines reports that its aircraft utilisation been held back in recent months by a lack of pilot instructors and first officers willing to upgrade to captain.
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US start-up Northern Pacific Airways delays launch
US start-up carrier Northern Pacific Airways has delayed its launch by three weeks.
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WestJet begins cancelling flights as pilot strike looms
WestJet Group has started cancelling flights and grounding the “majority” of its fleet as the airline’s pilots, represented by Air Line Pilots Association, International (ALPA), threaten an imminent strike.
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IndiGo operating with at least 10% of fleet grounded by P&W engine issues
IndiGo continues to take mitigation measures to counter at least 10% of its fleet consistently being grounded by issues relating to the Pratt & Whitney engines that power a significant proportion of its aircraft.
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Royal Jordanian firms orders for eight Embraer E2 jets
Middle Eastern carrier Royal Jordanian Airlines has firmed-up orders for eight Embraer E2-family jets following a memorandum of understanding signed with the airframer in October last year.
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EasyJet chief sees chance to ‘significantly’ cut winter losses
Chief executive Johan Lundgren believes EasyJet is in position to significantly reduce losses incurred over the winter and ultimately for the off-season period to become profitable for the carrier.
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IndiGo reports record Q4 profit as currency weighs on full-year result
Indian low-cost carrier IndiGo continued on a “path of profitability” in its fiscal fourth quarter, as it achieved a record net profit for the period of Rs9.19 billion ($111 million).
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EasyJet narrows first-half losses
EasyJet cut pre-tax losses to £411 million for the first six months of its financial year on revenues 80% up year-on-year.
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Airline Business Index shows industry close to 2019 size amid soaring revenue
The latest Airline Business Index shows the global airline industry’s revenue soared even further above 2019 levels in the first quarter of 2023, as the sector moved to within touching distance of its pre-Covid size.
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Pilots’ strike authorisation vote to have ‘no impact’ on operations: FedEx
US-based logistics specialist FedEx is downplaying its pilots’ vote to authorise a potential strike as a collective bargaining tactic that will have ”no impact on our service”.
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Transavia cancels hundreds more flights as aircraft shortage persists
Dutch carrier Transavia has cancelled hundreds of flights through to the end of June as it grapples with a shortage of aircraft.