Strategy – Page 7
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News
United dangles unpaid time off to pilots amid Boeing delivery delays
With fewer new jets on the way than previously anticipated, United Airlines is offering unpaid time off to its pilots.
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News
Canada Jetlines exploring ‘benefits and costs’ of trading on US stock exchange
Start-up carrier Canada Jetlines is exploring potential listing on the US stock exchange, executives revealed on 28 March.
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Azul reports higher Q4 earnings as it taps into new markets and keeps costs low
Brazil’s Azul increased fourth quarter revenue and profit in 2023, as it tapped into new markets while keeping costs in check.
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News
Alaska and Hawaiian enter 90-day timing agreement with DOJ amid antitrust review
Hawaiian Airlines and Alaska Airlines have entered into an agreement regarding the timing of their proposed tie-up as they work to satisfy the US Department of Justice’s requests for documentation.
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Gol slips to fourth quarter loss as it works through bankruptcy process
Restructuring Brazilian low-cost carrier Gol swung to a net loss of R1.1 billion ($221 million) in the fourth quarter, the first results it has disclosed since entering bankruptcy protection in January.
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Podcast
Airline Business Podcast: Changes at the top of Boeing and Europe’s united front
In the latest episode – sponsored by Panasonic Avionics – Graham and Lewis discuss the impact of the recently announced changes at the top of Boeing, which came after several airlines voiced concerns about aspects of the airframer’s management.
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News
SkyWest chairman Jerry Atkin to retire after four decades with US regional carrier
Jerry Atkin, chair of SkyWest Airlines’ board of directors, is planning to retire in May, marking the end of four-decade-long tenure with the company’s senior leadership team.
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News
Cebu Pacific returns to profit as it closes in on record narrowbody order
Cebu Pacific has confirmed it is in the “closing stages” of negotiations for the order of up to 150 narrowbody aircraft, with a likely announcement “a month of two away”.
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News
Avianca increases 2023 earnings on back of record passenger numbers
Colombia’s Avianca saw earnings rise in 2023 as it transported 31.9 million passengers, the most in its history, while keeping costs in check.
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News
US regional carrier CommuteAir extends CEO Rick Hoefling through 2028
US regional carrier CommuteAir has extended chief executive Rick Hoefling through 2028 with a contract amendment recently approved by the company’s board of directors.
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News
Canada’s Transat AT names Sebastian Ponce chief revenue officer
Transat AT, parent of Canadian leisure carrier Air Transat, has appointed Sebastian Ponce as chief revenue officer as it continues searching for profitability.
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News
Malaysia Airlines parent betters 2023 profit amid premium push
Malaysia Aviation Group (MAG) improved its operating profit in 2023 – and posted its first net profit post-restructuring in 2015 – on the back of strong premium traffic and the return of international passenger demand.
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News
Southwest pilots’ union prepares in case airline seeks acquisitions
The head of Southwest Airlines’ pilot union sees troubling cracks in the carrier’s operating metrics and has approved a plan to prepare the union in case Southwest responds by seeking to acquire another airline.
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News
JetBlue trims ‘unprofitable’ routes from network in bid for stability
JetBlue Airways is cutting “unprofitable” routes across its network in an attempt to boost its financial performance in the absence of the carrier’s recently deceased deal to acquire Spirit Airlines.
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News
WestJet chief operating officer Pen adds president role
Canada’s WestJet has named chief operating officer Diederik Pen to the post of president, effective on 1 April.
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News
Air France-KLM boss hits out at unfair Dutch ‘greenwashing’ ruling
Air France-KLM chief executive Ben Smith has described a Dutch court ruling over alleged ‘greenwashing’ as unfair.
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News
’ITA deserves a future’: Lufthansa chief
Lufthansa Group chief executive Carsten Spohr is “optimistic” about the business securing a stake in Italian carrier ITA Airways as the European Commissions nears a crucial stage of its investigation into the deal.
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News
Former GlobalX CEO proposes Florida air taxi operations under new brand ‘UrbanLink’
Airline entrepreneur Ed Wegel has revealed plans to launch electric air taxi operations in Florida under new brand UrbanLink, only days after he announced new Airbus A220 operator Air Flo.
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News
Delta rallies stakeholders to defend threatened Aeromexico joint venture
Delta Air Lines has assembled a wide coalition of businesses, trade groups, lawmakers and governors in opposition to a US government decision that stands to force Delta and Aeromexico to end their joint business.
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News
ULCC JetSmart launches domestic operations in Colombia
Chilean ultra-low-cost carrier JetSmart has launched its operations in Colombia after securing an air operator certificate (AOC) from the country’s aviation regulator, Aerocivil.