Strategy – Page 64
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NewsCathay plans hiring spree as airline anticipates network ramp-up
Cathay Pacific is looking to fill 4,000 roles across various sectors in the next two years, as the airline resumes flights to more points across its network with restrictions gradually easing up in its home city of Hong Kong.
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NewsA350-1000 ‘too small’ to top Airbus range: Emirates chief
Emirates Airline president Tim Clark has again expressed concern about how airlines will cope with rising demand in the future without recourse to new Airbus A380-sized jets, warning that ticket prices could eventually rise as a consequence of fewer seats being available into slot-constrained airports.
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NewsAir Baltic chief sees potential role for Airbus A321XLR
The Airbus A321XLR is of interest to Air Baltic in the longer term, according to the carrier’s chief executive Martin Gauss, as the carrier considers options to extend its reach.
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News‘Nightmare is becoming reality’ on airport charges: IATA chief
IATA director general Willie Walsh has called on governments to ‘show backbone’ and reject airport requests to increase their charges to airlines.
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NewsIATA trims industry loss expectations for 2022 to $9.7bn
IATA director general Willie Walsh believes a return to profit across the industry is possible in 2023 after the association cut back its estimate of airline losses for this year to $9.7 billion.
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NewsShell partners with Accenture and AMEX GBT on SAF ‘book-and-claim’ initiative
Three airlines including Cathay Pacific have signed up to trial a new blockchain-powered ‘book and claim’ sustainable aviation fuel initiative launched by Shell, Accenture, and American Express Global Business Travel aimed at boosting corporate demand.
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NewsQantas forecasts full international recovery by mid-2023
Qantas anticipates international capacity will return to pre-pandemic levels around the middle of 2023, amid “strong robust demand” as borders reopen.
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NewsGatwick airport caps summer flights amid operational woes
Gatwick airport will cap the number of flights operated from the facility in July and August, as it attempts to overcome the operational challenges that have dogged the air travel recovery in markets including the UK’s.
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NewsAsiana to return A380 to service as international travel demand picks up
Asiana Airlines will resume operating its Airbus A380s from late-June, to ease a shortage of seats amid an “explosive” increase in travel demand as borders reopen.
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News‘We can’t wait for China’: As Mainland stays shut, airline chiefs eye India
While China’s closed international borders will impact recovery efforts, an airline leadership panel believes there are opportunities for growth and recovery elsewhere, including in India, which they tout as a market “everyone should watch” in the near term.
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NewsJudge dismisses American-JetBlue request to dismiss suit, trial set for November
A US federal judge has sided with the Department of Justice (DOJ) by striking down a request by American Airlines and JetBlue Airways to dismiss a lawsuit against them.
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NewsHow Connect Airlines intends to carve a niche in the US airline market
US start-up Connect Airlines is banking on the efficiency of turboprops and an independent business model to help it carve a niche in the US air travel market.
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NewsTransat recovers fiscal Q2 revenue, sees further improvement this summer
Transat AT, parent of Canadian holiday specialist Air Transat, reports stronger fiscal-year second quarter results and is expecting summer travel to return to near-normal levels.
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NewsComair on the brink after failing to secure fresh funding
Grounded South African operator Comair is set to be liquidated as the carrier’s administrators have concluded there is “no reasonable prospect” it can be rescued after failing to secure the necessary additional funding.
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PodcastAirline Business Podcast: Disruption blame game and sustainability action plans
Graham and Lewis consider the blame game that is emerging as airlines and the wider air travel sector grapple with operational challenges.
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NewsSpirit delays shareholder vote on Frontier acquisition
In the latest twist in the drama around Frontier Airlines’ proposed acquisition of ultra-low-cost carrier Spirit Airlines, Spirit has delayed a key shareholder vote that had been scheduled for later this week.
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NewsJetBlue sweetens offer to purchase Spirit
JetBlue Airways has sweetened its offer to purchase Spirit Airlines by agreeing to pay a $350 million fee if regulators torpedo the deal due to anti-trust reasons.
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NewsSpirit’s planned combination with Frontier faces fresh opposition
Spirit Airlines is facing fresh opposition to its planned acquisition by Frontier Airlines, with investors suing to stop the deal and a management consulting firm recommending against it.
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NewsDelta still in talks with Boeing over 737 Max order
Delta Air Lines is continuing talks with Boeing about an order for 737 Max jets, the carrier’s chief executive Ed Bastian confirmed on 1 June.
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NewsComair forced to suspend flights as it seeks fresh funds
South African carrier Comair has suspended scheduled flights as it bids to secure additional funding to enable it to resume services.