Strategy – Page 540
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News
ExelTech finalises Duval’s ascension to CEO
Canadian maintenance, repair and overhaul provider ExelTech has appointed Sylvan Duval as chief executive officer as part of an overhaul of the company's...
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AirAsia may place 481 million shares to raise funds
Malaysia low cost carrier AirAsia proposes to place up to 481 million shares, with the price to be determined later.
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Garuda resumes more international services from Jakarta
Garuda Indonesia has begun operating direct flights from Jakarta to South Korea's capit al Seoul and the Australian cities of Sydney and Melbourne.
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Avianca to integrate fully with SAM
Colombia's largest airline, Avianca, and its majority-owned domestic affiliate SAM are to merge fully and operate under the Avianca brand. During a...
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India appoints Bhave head of new airports regulatory body
India's civil aviation ministry has appointed career civil servant Yashwant S. Bhave as the first chairman of its Airports Economic Regulatory Authority...
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Cebu Pacific increases frequencies on domestic routes
The Philippines' Cebu Pacific is increasing the frequencies on several domestic routes out of Manila to build on the growing market in the country's smaller...
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Bedford assesses Southwest's bid for Frontier
Republic Airways Holdings appears poised to compete with Southwest Airlines for the purchase of Frontier Airlines after the Dallas-based carrier on 30 July...
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NewsLufthansa secures tentative clearance for Austrian takeover
German flag-carrier Lufthansa has secured conditional competition approval for its acquisition of Austrian Airlines. The European Commission says competition...
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Business briefs
Continental Airlines is to axe 1,700 positions as part of a cost-cutting effort aimed at saving $100 million,...
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Malaysia's AirAsia X eyes virtual Middle East hub
Malaysian long-haul low-cost airline AirAsia X plans to set up a "virtual" hub in the Middle East as part of its expansion plan.
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Jet Airways adds code to Jetlite's network
India's Jet Airways has added its code to subsidiary Jetlite's domestic network and integrated their reservation systems.
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Pacific Blue adds Auckland-Queenstown to NZ network
Pacific Blue plans to expand its New Zealand domestic network with the addition of a weekend Auckland-Queenstown service from 19 September.
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Southwest competes with Republic to buy Frontier
Southwest Airlines will submit at least a $113.6 million bid to buy competitor Frontier Airlines, which will auctioned off in bankruptcy court next month....
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Republic sees Mokulele gaining traction in interisland Hawaii
After recently investing an additional $7.5 million in Hawaiian interisland carrier Mokulele Airlines, Republic Airways Holdings believes Mokulele is gaining...
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SIA reports Q1 loss of S$307 million
Singapore Airlines swung to a net loss of S$307 million ($212 million) during its fiscal first quarter, its first quarterly loss since the SARS crisis in...
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Air Canada raises C$1 billion to meet liquidity targets
Air Canada today took another significant step in its financial restructuring after securing up to C$1.2 billion ($1 billion) in liquidity.
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Jetstar to launch Sydney-Perth in October
Australia's Jetstar will launch a daily Sydney-Perth service from 2 October, and plans to use subsidiary Jetstar Asia on the Perth-Jakarta route from 14...
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Frontier’s profitability streak continues through June
Denver-based Frontier Airlines marked its third consecutive month of profitability after posting $7.2 million in net income in June following profitable...
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United mulls overseas connectivity options as partner readies plan
Star Alliance member United Airlines is studying in-flight connectivity options for its overseas flights.
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Embraer's Curado in no rush to decide on new aircraft programme
Embraer chief executive Fred Curado says the manufacturer does not expect to decide on launching a new aircraft programme for 18-24 months, and that the...