Strategy – Page 74
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NewsJetBlue orders 30 more Airbus A220-300s
JetBlue Airways has ordered another 30 Airbus A220-300s to take its firm commitment for the type to 100.
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NewsIndustry leaders see post-pandemic growth imminent, but headwinds remain
Senior industry leaders speaking at the Aviation CEO Forum, organised on the opening day of the Singapore Airshow by FlightGlobal with partners Experia Events and CFM International, believe that recovery is on the horizon – but that potential headwinds mean the sector is not fully out of the woods yet.
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NewsFormer Turkish Airlines chairman to head revamped Air India
Air India’s new owners Tata Sons has appointed former Turkish Airlines chairman Ilker Ayci as the carrier’s new chief executive and managing director.
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NewsRevamped AirAsia X takes further step in boosting cargo revenues
Malaysian long-haul, low-cost operator AirAsia X has further bolstered efforts to build its cargo revenues under its restructured business model with a belly-space utilisation deal covering a third of its Airbus A330-300 fleet with the logistics venture of Capital A, formerly AirAsia Group.
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NewsKorean eyes March launch of Boeing 737 Max flights
Korean Air aims to begin Boeing 737 Max operations from the start of March after taking delivery of its initial example on 13 February.
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NewsUS pilot union ALPA protests Wizz Air’s application to fly to USA
US pilot union Air Line Pilots Association, International (ALPA) is protesting Wizz Air’s application to fly to the USA, claiming the Hungarian carrier has used ”a toxic culture of reprisal” to intimidate crew and that it ignores issues such as fatigue and illness that could compromise safety.
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NewsHeathrow laments ‘Omicron hangover’ but softening of travel restrictions brings hope
London Heathrow airport continued to see the impact of the Omicron variant of Covid-19 during January, despite the UK dropping additional travel restrictions a few days into the month.
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NewsCopa posts Q4 profit but takes Omicron hit in Q1
Copa Holdings, the parent of Panama City-based Copa Airlines posted a profit for the fourth quarter of 2021, but says the Omicron variant of Covid-19 will negatively affect first-quarter earnings.
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NewsBusy Ryanair stops Eurocontrol flight numbers falling below ‘low’ scenario in early February
The number of flights in European airspace is tracking Eurocontrol’s ‘low’ scenario so far in February, despite Ryanair operating above pre-pandemic levels, as the region’s response to the Omicron variant of Covid-19 hits the recovery trajectory.
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NewsMesa reports fiscal Q1 loss as Omicron and pilot attrition hit earnings
Regional carrier Mesa Airlines reported a loss for the first quarter of its fiscal year as the company struggled with staffing issues stemming from the Omicron variant of Covid-19 as well as pilots leaving for larger carriers.
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NewsSilver Airways raises capital, adds aircraft and routes
Regional carrier Silver Airways has raised $50 million in capital, added new several aircraft to its fleet and received certification to operate freighter service.
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NewsRegulator backs Condor in Lufthansa feeder flight access dispute
German competition regulators have preliminarily backed leisure carrier Condor in its claim that it should have access to Lufthansa feeder flights for its long-haul operations after the latter terminated a partnership agreement.
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NewsSun Country to ‘grow sensibly’ after reporting small Q4 loss
Sun Country Airlines says it continues to “grow sensibly through the recovery” as it posts a small loss for the fourth quarter of 2021.
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NewsRedmond to succeed Gallagher as Allegiant chief executive
Long-standing Allegiant Travel chairman and chief executive Maurice Gallagher is to hand the chief executive role to company president John Redmond from June.
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NewsFrontier pitches Spirit acquisition as countering USA’s four mega airlines
Frontier Airlines expects its planned acquisition of Spirit Airlines will generate hundreds of millions of dollars in efficiencies and give the combined carrier the scale needed to better compete against the USA’s four mega airlines.
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NewsAmerican firms $200m Gol investment plan
American Airlines has firmed its planned $200 million investment in Gol, under which it is taking a 5.2% stake in the Brazilian budget carrier.
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NewsFrontier Airlines to buy and merge with low-cost rival Spirit Airlines
Frontier Airlines is to acquire and merge with US ultra-low-cost carrier rival Spirit Airlines in a $6.6 billion deal announced today. Under the terms of the merger agreement, which has been unanimously approved by both companies’ boards of directors, Spirit is valued at $2.9 billion and the transaction has a ...
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NewsVinci expects airports to hit break-even this year after tough 2021 for Gatwick and Japan
Multinational infrastructure firm Vinci expects its airports business to reach break-even on a net basis in 2022, if the public health situation continues to improve. The company – which has 53 airports across 12 countries in its portfolio – says passenger numbers will recover to “around 60%” of 2019 levels ...
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NewsSkywest posts profit for 2021, plans for looming pilot shortage
Regional carrier Skywest Airlines swung to profit in 2021, but says that the impending pilot shortage will negatively affect its 2022 planning.
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NewsLow-cost unit helps Air Astana top pre-crisis traffic levels in 2021
Air Astana Group topped pre-crisis passenger levels last year in carrying a record 6.62 million, almost half of which flew on its low-cost unit FlyArystan.