Strategy – Page 79
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NewsSouthwest predicts it will be profitable in Q4 and 2022
Southwest Airlines now expects its fourth quarter financial results will be better than previously anticipated, and predicts it will turn profits in the period and in 2022.
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NewsAmerican president Isom to succeed Parker as CEO in March 2022
American Airlines chief executive Doug Parker will retire effective 31 March 2022 and be succeeded by American president Robert Isom.
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NewsUnited Airlines names Nike CFO Matthew Friend to its board
United Airlines has named Nike chief financial officer Matthew Friend to its board of directors.
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NewsCape Air names Linda Markham as new chief executive
US commuter airline Cape Air has named Linda Markham to be its next chief executive officer after founder and long-time CEO Dan Wolf steps down in January.
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NewsRyanair focused on summer as fresh restrictions bring ‘challenging’ Christmas
European budget carrier Ryanair is putting its focus on meeting an uptick in summer travel as it sees demand until Christmas likely stifled by fresh travel restrictions. Ryanair, which Eurocontrol data showed earlier in November surpassed pre-Covid flight activity for the first time since the pandemic, today disclosed it carried ...
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NewsAvianca emerges from bankruptcy protection
Colombian carrier Avianca is the first of three Latin American airlines to complete its financial restructuring process and emerge from Chapter 11 bankruptcy proceedings.
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NewsOmicron is a setback, but won’t stop airline recovery: United’s Kirby
United Airlines chief executive Scott Kirby believes Omicron – the highly mutated variant of Covid-19 recently discovered in South Africa – will be a short-term setback for airlines, but won’t stop the industry from moving toward full recovery.
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NewsITA firms Airbus order for 28 aircraft
New Italian national carrier ITA Airways has firmed its commitment for 28 new Airbus aircraft.
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NewsAllegiant and Viva Aerobus apply to DOT for joint venture
Allegiant Air and Mexico’s Viva Aerobus have applied to the US Department of Transportation (DOT) for approval of a commercial alliance that would expand low-cost flying between the USA and Mexico, and give the Las Vegas-based carrier an equity stake in the Mexican carrier.
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NewsUnited to demonstrate passenger flight of jet powered partly with 100% SAF
United Airlines intends today to operate a demonstration flight – with non-paying passengers – using an aircraft powered partly with 100% sustainable aviation fuel (SAF).
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NewsEasyJet and Wizz upbeat on summer demand despite Omicron uncertainty
European low-cost carriers EasyJet and Wizz Air are remaining focused on their plans for a strong summer season, despite the near-term uncertainty created by the emergence of the Omicron variant of concern of the coronavirus.
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NewsNorwegian goes back to Max under new lease deal
Low-cost carrier Norwegian has struck a deal to lease two Boeing 737 Max 8s, several months after emerging from the pandemic as a restructured 737-800-only operator.
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NewsAeromexico files amended restructuring plan
Mexican carrier Aeromexico has filed an amended reorganisation plan with a US bankruptcy court that includes a proposal to give lead lender Apollo Global Management an equity stake.
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NewsUS start-up airline Airbahn shows off first aircraft
Airbahn, a start-up passenger airline headquartered in Los Angeles suburb Irvine, published photos of its first aircraft, an Airbus A320, on social media on 24 November.
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NewsEasyJet posts heavy loss, but still eyeing capacity return
EasyJet expects to be close to returning to pre-crisis levels of activity late next summer after disclosing a pre-tax loss of £1.13 billion ($1.5 billion) for its pandemic-hit financial year just ended.
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NewsUS bans travel from eight southern African countries amid Covid-19 variant fears
The US government has imposed a travel ban on non-citizens and permanent residents coming from eight countries in southern Africa, where a new variant of the coronavirus, which the World Health Organization (WHO) has called “Omicron”, is causing concern.
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NewsResurrected Flybe takes delivery of first Dash 8-400
Relaunched UK regional carrier Flybe has taken delivery of its first De Havilland Canada Dash 8-400 twin-turboprop at its new Birmingham airport home. The aircraft is the first of 12 of the type to be leased from Nordic Aviation Capital, Flybe said on 26 November. Cirium fleets data shows that ...
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NewsAirline share prices fall as governments restrict flights in response to Covid variant
Airline share prices fell on 26 November as governments around the world imposed restrictions on travel from several countries in southern Africa in response to a new variant of Covid-19.
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NewsAir Baltic switches UAE codeshare from Etihad to Emirates after Dubai launch
Air Baltic has announced a codeshare with Emirates as it seeks to leverage the connectivity advantages of switching its UAE services from Abu Dhabi to Dubai.
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NewsRyanair chief says ‘panic’ over Covid-19 cases could undermine recovery
Recent government “panic” over rising Covid-19 cases across Europe threatens to undermine the recovery in air travel, according to Ryanair group chief executive Michael O’Leary. “We’re in for a fraught period between now and Christmas where it looks like Europe is going to get very nervous again at the worst ...