Strategy – Page 71
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Fuel prices prompt US airlines to trim capacity and raise fares
US airlines plan to hike fares and restrain capacity in the coming months, an effort to offset increasing fuel expenses with more revenue.
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Gol reports higher revenue, sees M&A possibilities
Brazil’s Gol reports higher revenue for the final quarter of 2021 as it continues its fleet transformation and keeps costs in check, while at the same time keeping an eye on possible consolidation in the market.
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Comair unable to say when flights will resume after regulator suspends AOC
South African carrier Comair has submitted documentation aimed at enabling it to resume operations after the country’s aviation regulator indefinitely suspended the airline’s operating licence in relation to ”a spate of occurrences” affecting a number of flights.
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US lawmakers urge scrutiny of Frontier-Spirit deal
A group of progressive US lawmakers is asking competition watchdogs to take a closer look at Frontier Airlines’ plans to acquire low-cost-carrier rival Spirit Airlines.
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Transat CEO fears WestJet-Sunwing merger will harm competition
Transat AT chief executive Annick Guerard says WestJet’s pending acquisition of leisure airline Sunwing will “significantly” harm competition in Canada’s hotly contested leisure travel market.
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Transat fiscal Q1 earnings hit by Omicron, hopes for more government aid
Transat AT, the parent company of Air Transat, experienced a “significant” Omicron-variant-fuelled hit during its fiscal first quarter 2022, as passengers took a step back from planning air travel.
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Malaysia Aviation Group targets capacity boost as borders reopen
Malaysia Aviation Group (MAG) aims to operate 70% of pre-pandemic capacity by the end of the year — a significant uptick from current levels — as the country reopens its border to all vaccinated travellers.
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LATAM on ‘improving trajectory’ as it works through reorganisation
LATAM Airlines Group posted a fourth-quarter loss but sees its business on “an improving trajectory” as it aims to exit bankruptcy protection process later this year.
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Saunders takes commercial role as relaunched Flybe names management team
Philip Saunders, who most recently served as chief commercial officer at South African Airways, is to take up the same role at relaunched UK regional carrier Flybe.
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Breeze adds first transcontinental routes as part of major expansion
Breeze Airways has revealed details of a major route expansion that will see the US start-up add flights to 10 additional cities, including several West Coast destinations, this year.
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On International Women’s Day, female CEOs account for 7% of airline total
Seven of the world’s top 100 passenger airlines are led by women, according to FlightGlobal analysis updated to mark International Women’s Day – a total that represents a high point in five years of data.
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Qantas ramps up Alliance E190 deployment in ‘material increase’
Australia’s Alliance Aviation expects a “material increase” in Embraer E190 flying activity with Qantas, following the latter’s decision to add more regional jets through July.
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Nice latest addition as ‘agile’ Etihad moves onto seasonal routes
Etihad Airways Group chief executive Tony Douglas believes that network planning has changed forever as a result of the pandemic, as the restructured Gulf carrier is itself embarking on seasonal routes it would not have previously considered.
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Aeroflot suspends virtually all international flights from 8 March
Aeroflot is suspending all its international flights with the exception of its Belarus services from tomorrow following further airspace restrictions impacting Russian operators.
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Air Baltic exits Russian market indefinitely
Latvian carrier Air Baltic has decided to withdraw from serving Russia “until further notice” as it steps up its strategic response to the military action in Ukraine.
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How safe were commercial airline flights in 2021?
The commercial airline industry showed improvements in several key safety metrics for 2021, according to IATA, although turboprop operations again significantly lagged the performance of jet flights.
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Lufthansa eyes ‘second CityLine’ through new AOC operation
Lufthansa Group chief executive Carsten Spohr describes plans for a new AOC within the group as a “second CityLine” operation, noting it would be of similar size and have the same terms for staff as the regional unit.
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Lufthansa in the hunt for additional widebody opportunities
Lufthansa Group will look at the opportunistic acquisition of widebody aircraft, particularly Airbus A350s and Boeing 787s, that were previously destined for sanction-hit Russian carriers.
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Sabre boots Aeroflot from GDS platform
Airline ticket distribution provider Sabre has terminated its agreement with Russia’s Aeroflot and is removing the carrier’s flights from its global distribution network.
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Russian airspace crisis prompts Finnair to open talks on bringing back furloughs
Oneworld carrier Finnair is to hold talks with unions over the possibility of furloughing flightcrew for up to 90 days in response to the disruption caused by the closure of Russian airspace.