Strategy – Page 75
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NewsAllegiant posts small profit in fourth quarter of 2021
Allegiant Travel Company, the parent of ultra-low-cost carrier Allegiant Air posted a small profit in the fourth quarter of 2021, supported by more cost-conscious customers returning to travel.
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NewsANA turns small profit in third quarter while Japan Airlines narrows loss
Japan’s two biggest airline operating groups both reported progress in their recovery from the pandemic in the third quarter, including All Nippon Airways returning to the black for the first time in two years.
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NewsRecovering Swiss to end short-time working and recruit cabin crew
Lufthansa Group carrier Swiss International Air Lines is to end the short-time working for all staff brought in to counter the pandemic and is to begin recruiting new cabin crew.
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NewsOmicron hit sees Ryanair post weakest traffic month since June
Irish budget operator Ryanair carried 7 million passengers in January, at the top end of projections that had been revised downwards following capacity cuts due to Omicron travel restrictions.
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NewsEthiopian resumes Boeing 737 Max flights
Ethiopian Airlines has today brought its Boeing 737 Max back into service, almost three years after a fatal crash of one of its aircraft prompted the global grounding of the type.
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NewsAirAsia X takes first step with Sydney service in scheduled flights return
Restructuring Malaysian long-haul, low-cost operator AirAsia X is to resume scheduled passenger services in February for the first time since the pandemic.
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NewsUS court approves Aeromexico reorganisation plan
A US bankruptcy court has approved Aeromexico’s reorganisation plan, clearing the way for the Mexico City-based carrier to exit bankruptcy protection.
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NewsAlaska turns small Q4 profit despite Omicron disruption
“Disciplined” cost management and a “measured approach to bringing back capacity” helped Alaska Air Group grow revenue and turn a small profit during the fourth quarter of 2021, even while contending with a new coronavirus variant, the company reports.
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NewsSouthwest reports first quarterly profit since 2019
Southwest Airlines has earned its first quarterly profit since 2019, as demand for low-cost fares climbed in the last three months of 2021.
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NewsJetBlue cuts Q4 loss, calls Omicron ‘temporary setback’
JetBlue Airways more than halved its loss in the fourth quarter of 2021 as leisure passengers returned in greater numbers.
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NewsTata formally takes the reins of Air India
Indian conglomerate Tata Group has formally completed its acquistion of Air India.
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NewsEasyJet load factors clipped by Omicron but still positive on summer bounce
UK low-cost carrier EasyJet is still expecting a return to pre-crisis capacity levels during the peak summer season this year after Omicron clipped its recovering load factor in December.
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NewsChina Airlines orders four more 777Fs amid record cargo performance
China Airlines has placed an order for four additional Boeing 777 freighters, with deliveries slated to begin from 2023.
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NewsHawaiian narrows Q4 loss; sees international recovery later in 2022
Hawaiian Holdings, the parent company of Hawaiian Airlines, says fourth-quarter losses narrowed as tourists returned to the Pacific Ocean archipelago in greater numbers toward the end of 2021.
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NewsIATA warns of airfare impact as high jet fuel prices push up airline operating costs
High Jet fuel prices will prompt air fares to rise this year if current trends continue, according to global airline association IATA.
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NewsAirbus nixing of Qatar order ‘worrying’ amid need for airframer competition: IATA chief
The director general of IATA has described Airbus’s cancellation of a Qatar Airways A321neo order as a “worrying development”, as he highlighted the airline industry’s desire for “healthy competition” between the two big airframers.
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NewsBusiness travel will not return to pre-pandemic levels: Avelo CEO
Avelo Airlines’ chief executive Andrew Levy says business travel will not return to pre-pandemic levels since new technologies have matured enough to make companies and employees think twice about corporate trips.
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NewsLufthansa teams with shipping firm in bid for majority of ITA Airways
German carrier Lufthansa and shipping firm MSC Group have jointly submitted an expression of interest to acquire the majority of new Italian national carrier ITA Airways.
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NewsAirline body hails ‘landmark day’ as UK drops day-two Covid-19 tests
A UK airline association has hailed 24 January as a “landmark day” after the country’s transport minister confirmed day-two Covid-19 testing will soon be dropped for fully vaccinated arrivals.
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NewsQantas cuts domestic capacity again amid border reopening delays
Qantas Group has further trimmed domestic capacity through end-March, amid an indefinitely delayed border reopening in Western Australia.