Strategy – Page 57
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NewsJetBlue-Spirit deal will leave Frontier like ‘Southwest in the late ’80s’: CEO
Frontier Airlines’ chief executive insists a JetBlue Airways-Spirit Airlines tie up will give his company a cost advantage better than any a US carrier has enjoyed for decades.
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NewsRex gets final regulatory nod for National Jet acquisition
Australia’s Regional Express expects to complete its acquisition of charter operator National Jet Express by the end of the month, after gaining final regulatory approvals.
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NewsCathay Pacific ups capacity forecast though full recovery ‘will still take some time’
Cathay Pacific has revised upwards its capacity forecast for the year-end as Hong Kong eases travel curbs, though the carrier – citing “operational complexities” – warns that a full recovery “will still take some time”.
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NewsGol agrees to pay $41.5m to settle corruption charges: SEC
Brazil’s Gol Airlines will pay $41.5 million to US authorities stemming from corruption charges relating to violations of the US Foreign Corrupt Practices Act (FCPA) in 2012 and 2013.
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NewsAir New Zealand quashes Virgin Australia merger talk
Air New Zealand has refuted an Australian news report that it is in talks with Virgin Australia over a possible merger.
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NewsChorus Aviation names new CEO as Joseph Randall steps down
Chorus Aviation chief executive Joseph Randell plans on retiring in early 2023 and is set to be succeeded by chief operating officer, Colin Copp.
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NewsAegean full-year profit hopes boosted by strong second quarter
Greek carrier Aegean Airlines returned to profit in the second quarter after trebling revenues following a strong jump back in demand.
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NewsUnited views Flydubai deal as crucial to broader pact with Emirates
United Airlines’ new codeshare deal with Emirates Airline includes a related agreement with Flydubai that United views as particularly valuable in expanding its international reach.
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NewsAirAsia’s Singapore flights to surpass pre-pandemic frequencies by year-end
AirAsia Aviation Group expects the number of weekly flights from Singapore to surpass pre-pandemic numbers by the end of the year, as it looks to – for the first time – operate widebodies on flights to the city state.
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NewsBullish AirAsia Aviation targets 100 more jets, big cargo ramp-up
AirAsia Aviation Group expects to add 100 more aircraft across its airline units within the next five years – with its sister cargo unit taking “at least” 50 more freighters – amid optimism about growth prospects.
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NewsEdelweiss chief adds leadership of Eurowings Discover
Lufthansa Group is to bring its two leisure carriers Edelweiss and Eurowings Discover under one leader as the chief executive of the Swiss unit is to take on the same role at the recently launched German operation.
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NewsSecurity concerns delay seaplane service from New York to DC area
Tailwind Air, a US regional airline that flies floatplanes, has postponed the launch of its service between New York harbour and the Washington DC area due to security concerns raised by federal authorities.
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NewsSpirit Airlines’ shareholders to vote on JetBlue’s acquisition proposal
Spirit Airlines’ shareholders will vote on whether to approve JetBlue Airways’ $3.8 billion bid to purchase the low-cost carrier on 19 October, according to Spirit’s 12 September filing with the US Securities and Exchange Commission (SEC).
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NewsLufthansa finalises terms with pilots to prevent strike action
Lufthansa Group has agreed terms on a pay deal with its pilots which rules out further industrial action before 30 June next year.
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NewsChina’s lockdowns could push international air travel rebound to 2026
Some aviation analysts now think international air travel may not fully recover until 2025 or 2026 due largely to China’s continuation of its travel-busting “zero-Covid” policy.
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NewsRomania’s Blue Air delays service restart until 10 October
Romanian low-cost carrier Blue Air has pushed back its resumption of flights until 10 October, having initially cancelled flights until 11 September.
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NewsAir Transat gains ground, still posts Q3 financial loss
Transat AT, the parent company of Canadian airline Air Transat, reports stronger third-quarter financial results compared with the pandemic-stunted figures of last year but still operated at a loss during the three-month period.
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NewsALPA pilots seek new contract with WestJet
North American airline pilots continue to make collective bargaining maneuvers as discussions are set to begin between WestJet pilots represented by the Air Line Pilots Association, International (ALPA) and the Calgary-based carrier.
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NewsAmerican names Ingersoll Rand CEO Reynal to its board
American Airlines has named Ingersoll Rand chief executive Vicente Reynal to its board of directors.
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NewsBlue Air suspends flights as Romania blocks accounts in debt row
Romania’s environment minister has called a decision by Blue Air to suspend flights “unjustified” after blocking the carrier’s accounts in a row about the recovery of a 28.7 million lei ($5.9 million) debt.