Strategy – Page 61
-
NewsEthiopian Airlines converts four A350 orders to -1000 variant
Ethiopian Airlines will take four A350-1000 twinjets, having confirmed the conversion of outstanding orders for the -900 variant. The carrier’s chief executive Mesfin Tasew had said during the Farnborough air show on 20 July that Ethiopian was in the “final stage” of negotiations to take the larger version of the ...
-
NewsIAG orders 37 more Airbus A320neo-family jets
British Airways and Iberia owner IAG has ordered a further 37 Airbus A320neo-family twinjets, as its single-aisle modernisation effort continues. Announcing the deal on 28 July, IAG says 12 of the A320neo options it took in August 2013 – which covered up to 220 single-aisle jets – have been converted ...
-
NewsIncreasing demand for discount travel boosts Frontier’s Q2 earnings
Frontier Group posted record revenue growth during the second quarter as demand for discount travel booms.
-
NewsFrontier Airlines ‘disappointed’ at collapse of Spirit deal
Frontier Airlines is “disappointed” after ultra-low-cost peer Spirit Airlines decided to terminate a potential tie-up earlier in the day.
-
NewsSpirit and Frontier call off proposed merger
Spirit Airlines and Frontier Airlines have agreed to end their merger discussions but Spirit continues to negotiate with JetBlue Airways.
-
NewsNorth America and international demand lifts Hawaiian’s Q2 revenue
Hawaiian Holdings, the parent company of Hawaiian Airlines, credits more international flying and ongoing strong demand from North American markets for its 68% rise in revenue during the second quarter.
-
NewsCanada Jetlines to launch revenue service on 15 August
Canada Jetlines, a start-up leisure carrier based in Vancouver, is set to launch passenger revenue service next month.
-
NewsBaffled Ryanair vows to appeal EU ruling on €8.4m in ‘illegal’ state aid
Low-cost group Ryanair has vowed to appeal what it describes as a “bizarre” ruling by the European Commission that it benefited from illegal state aid relating to France’s La Rochelle airport between 2003 and 2010. In approving the financial aid provided by the French government to La Rochelle and Beauvais ...
-
NewsLufthansa cancels more than 1,000 flights as ground staff strike
Lufthansa has cancelled more than 1,000 flights on and around 27 July in response to a “warning strike” by members of the Verdi trade union over a pay dispute. The action involves around 20,000 ground staff from across the Lufthansa Group’s German units and comes with the mainline carrier already ...
-
NewsEasyJet takes £133m disruption hit but says operations now ‘normalised’
EasyJet recorded a loss before tax of £114 million ($137 million) for the three months ending 30 June 2022, as operational disruption had a £133 million cost impact. Providing a fiscal third-quarter trading update on 26 July, the UK-based low-cost carrier lamented capacity caps imposed by London Gatwick and Amsterdam ...
-
NewsUS lawmakers propose hiking pilot retirement age to 67
US lawmakers have proposed hiking the mandatory retirement age for US airline pilots to help alleviate what airlines say is an increasingly acute pilot shortage.
-
NewsCondor orders 41 Airbus A320neo-family jets
German leisure carrier Condor has ordered 41 Airbus A320neo-family aircraft as its fleet renewal focus shifts to short- and medium-haul jets. The announcement marks another Airbus order win from the carrier, which is already set to receive its first A330neos from late 2022 as it replaces its previous-generation A330s and ...
-
NewsAlaska Air Group posts second-quarter profit of $139m
Alaska Air Group, the parent company of Alaska Airlines, says strong post-pandemic demand for air travel supported record revenues during the second quarter of 2022.
-
NewsMexico’s Volaris boosts revenue during second quarter
Mexican ultra-low-cost carrier Volaris boosted sales in the second quarter of the year as capacity climbed and load factors remained “healthy”.
-
NewsAmerican bounces back to profitability in Q2
American Airlines earned a profit in the second quarter of the year – its first quarterly profit since the Covid-19 pandemic – as passenger demand bounced back
-
NewsKenya Airways and SAA seal codeshare as partnership plans begin
Kenya Airways and South African Airways have struck a codeshare agreement, marking a first step in wider partnership plans between the two African carriers.
-
NewsITA Airways set to welcome A220s and A320neos in Q4, A330neos in 2023
Italian carrier ITA Airways expects to receive its first Airbus A220s and A320neos in the fourth quarter, as it continues to ramp-up operations following its October 2021 launch. The Alitalia successor’s chief executive Fabio Lazzerini outlined the carrier’s fleet plans during a briefing at the Farnborough air show on 19 ...
-
NewsITA Airways has ‘very nice and creative ideas’ for Alitalia brand
Italian carrier ITA Airways insists it is committed to establishing its brand on the international stage, even as it develops plans to leverage ownership of its predecessor operation’s name. ITA – which now says its name is pronounced as ‘eeta’, rather than being an abbreviation of Italia Trasporto Aereo – ...
-
NewsUK transport secretary says ’permission to fly’ at stake as he launches net-zero strategy
UK secretary of state for transport Grant Shapps has warned that the aviation industry will lose its “permission to fly” if it does not act to address its environmental footprint. Shapps was speaking at the Farnborough air show on 19 July, where he launched the UK government’s “pitch to get ...
-
NewsLufthansa Group expects to report Q2 profit despite passenger airline loss
Lufthansa Group expects to report an operating profit for the second quarter of 2022, driven by the performance of its cargo and MRO units.