Strategy – Page 4
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News
Emirates has observed rise in turbulence incidents: Clark
Emirates has observed an increase in the amount of turbulence on its flights, prompting the industry to ‘up its game’, according to airline president Tim Clark.
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News
SAS chief sees ‘no issues’ with approval of Air France-KLM minority stake
Chief executive of Scandinavian operator SAS, Anko van der Werff, does not expect any issues with securing European Commission approval for Air France-KLM’s planned minority investment in the carrier.
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News
Cathay to announce mid-sized widebody replacement ‘within the year’
Cathay Pacific intends to make a decision on its future mid-sized widebody fleet by the end of the year, as it maintains its full recovery projection for the first quarter of 2025.
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News
Nigeria pays up but airlines still face $1.8bn in blocked funds
Blocked airline funds have fallen by 28% after Nigeria cleared most of its backlog but the issue continues to be acute in several countries, particularly Pakistan and Bangladesh.
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News
AirAsia Aviation posts record quarterly earnings amid strong passenger growth
AirAsia Aviation reported its highest-ever quarterly financial results, on the back of sharp rise in revenues, and despite operational costs increasing.
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News
Chief commercial officer Vasu Raja to depart American Airlines
Vasu Raja will soon depart as chief commercial officer of American Airlines after more than 20 years with the Dallas-Fort Worth-based company.
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News
AirAsia X flags ‘softer’ mid-year demand, amid sharp decline in Q1 net profit
AirAsia X reported a 75% drop in its quarterly net profit, despite higher revenue, as it flags a “softer” travel period through September.
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News
Gol submits five-year financing plan as part of restructuring
Brazilian airline Gol has submitted a five-year financial plan to a US court as part of its bankruptcy proceedings that calls for refinancing $2 billion in debt, an equity raise, and new deals with aircraft lessors.
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Podcast
Airline Business Podcast: First-quarter challenges but brighter summer to come
In the latest episode – sponsored by Panasonic Avionics – Graham and Lewis look back on a first-quarter earnings season that saw a variety of challenges around the world, but also positivity on what will follow in 2024.
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News
Brazil’s Gol and Azul strike codeshare deal for domestic routes
Brazilian carriers Gol and Azul have agreed to connect their networks through a codeshare partnership for domestic flights.
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News
Profitable IndiGo to launch business-class product
Low-cost carrier IndiGo will launch a business-class product on some of its flights by the end of this year, in the latest diversification step from the expansion-minded Indian airline.
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News
Australian competition watchdog bemoans Bonza collapse
Australia’s antitrust regulator has warned of “detrimental” effects to the domestic airline sector if Bonza – the start-up which collapsed in late April – is unable to resume services.
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News
WestJet’s integration of Sunwing delayed at least six months
Canadian airline company WestJet Group faces a delay of at least six months in completing its integration of Sunwing Airlines’ small fleet of Boeing 737s.
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News
‘New Frontier’: US discounter eliminates change fees and ‘gimmicks’
Amid a broad shift in network strategy, US discounter Frontier Airlines is embracing changes to its product offerings by introducing “transparent pricing” and eliminating most change and cancellation fees.
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News
Garuda, SIA eye revenue sharing arrangement as partnership deepens
Garuda Indonesia and Singapore Airlines have deepened their commercial cooperation, with the signing of new agreements covering frequent flyer programmes, and a potential revenue sharing arrangement.
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News
EasyJet chief takes heart from close rejection by pilots of pay deal
EasyJet chief executive Johan Lundgren struck a hopeful note after pilots represented by UK cockpit union BALPA rejected a new pay deal, pointing to the closeness of the vote.
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News
SIA Group posts record annual profit as North Asia traffic rebounds
A strong rebound in travel demand to North Asia helped Singapore Airlines Group achieve record full-year profits, even as the airline group flags an easing of passenger yields in Asia-Pacific.
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News
EVA Air orders four more 787-10s
EVA Air has disclosed an agreement for four Boeing 787-10s, boosting its widebody orderbook.
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News
Grupo Aeromexico seeks listing on US stock exchange
Grupo Aeromexico has filed to make an initial public offering, completion of which would see the parent company of Aeromexico traded on the New York Stock Exchange.
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News
‘Not our DNA’: Cebu Pacific rules out long-haul foray
Cebu Pacific chief Mike Szucs has ruled out venturing into long-haul operations, despite acknowledging that the “best fare growth” has been seen on these routes in the post-pandemic operating environment.