Strategy – Page 82
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NewsLufthansa sees positive trend after returning to profit in third quarter
Lufthansa Group posted a positive adjusted operating profit for first since the pandemic and expects to avoid cash drain in the seasonally tough final quarter of the year.
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NewsAirAsia logistics unit takes first freighter, eyes Airbus orderbook conversion
AirAsia Group’s logistics arm Teleport is considering converting a ‘meaningful chunk’ of AirAsia’s massive order book to freighters in the future, as it takes delivery of its first dedicated cargo aircraft.
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NewsUS bankruptcy court approves Avianca reorganisation plan
A US court has confirmed Colombian flag carrier Avianca’s reorganisation plan, clearing the way for the airline to emerge from Chapter 11 bankruptcy proceedings by the end of the year.
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NewsVietnam Airlines eyes scheduled USA flights from end-November
Vietnam Airlines expects to commence scheduled direct flights between Vietnam and the USA from end-November, after it secures regulatory approval from the US Federal Aviation Administration (FAA).
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NewsFAA proposes to extend required rest for flight attendants
The Federal Aviation Administration is moving forward with a rule mandating that airline flight attendants be given at least an extra hour of rest following duty periods.
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NewsUK regional Loganair narrows full-year loss
Scottish regional carrier Loganair’s turnover for the 12 months to 31 March more than halved to £81 million ($110 million) compared with the previous year, but the airline has credited its adaptability amid the Covid-19 pandemic with helping it reduce its full-year pre-tax loss.
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NewsMaersk orders first 777Fs and leases more 767-300Fs for cargo unit Star Air
Danish logistics firm Maersk has ordered two Boeing 777 Freighters and will lease three more 767-300 Freighters.
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NewsAir Canada recovery ‘decisively underway’
Air Canada’s post-coronavirus recovery progressed in the third quarter after Canada relaxed travel restrictions and travellers began booking air travel in higher numbers.
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NewsQatar Airways moves A380 to Hamad International airport ahead of service return
Qatar Airways has returned one of its Airbus A380s to Hamad International airport ahead of the type’s return to service for the first time since the beginning of the Covid-19 crisis.
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NewsSun Country has a ‘great’ third quarter, turning $14m profit
Sun Country Airlines benefited from rebounding leisure traffic during the third quarter of 2021, ending the period with a small profit.
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NewsAmerican Airlines cancels almost 2,300 flights in four days
American Airlines has cancelled 2,291 flights since 29 October as inclement weather and staff shortages threw the airline’s schedule into disarray.
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NewsDomestic lift helps Aeroflot turn a profit for the third quarter
Aeroflot turned a group profit under Russian accounting standards for the first time since the pandemic in the third quarter, driven by a strong domestic traffic performance during the period.
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NewsSkyTeam confirms ITA to replace Alitalia as Italian partner in alliance
SkyTeam has confirmed that new Italian carrier ITA Airways will replace defunct national operator Alitalia in the global alliance.
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NewsChilean court gives green light to Delta-LATAM joint venture
Chile’s competition authority TDLC has given the green light to LATAM Airlines Group and Delta Air Lines to implement their planned joint venture.
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NewsSkyWest Q3 revenue reaches $745 million
US regional carrier SkyWest Airlines reported a small profit for the third quarter as it experienced increased demand for its services.
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NewsCourt grants LATAM more time to submit reorganisation plan
A US bankruptcy court has granted Chile’s LATAM Group more time to present a restructuring plan.
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NewsSpirit logs $15m Q3 profit despite widespread flight disruptions
Buoyed by government aid and despite several days of severe operational disruption, Spirit Airlines turned a $14.8 million profit in the third quarter of 2021.
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NewsAllegiant turns Q3 profit despite operational 'challenges'
Discounter Allegiant Air turned a $39.3 million profit in the third quarter, but its chief executive echoed peers in citing operational hiccups due to the pandemic and labour shortages.
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NewsNorwegian could take Max jets again as part of deals for 13 Boeing 737-800s
Deliveries are expected to begin this year and continue through the first quarter of 2022, with lease terms of between five and eight years, depending on the age of the aircraft, Norwegian states.
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NewsHawaiian third-quarter suffers under coronavirus Delta variant fears
Hawaiian Holdings, parent of Hawaiian Airlines, experienced an uneven third quarter after fears about the coronavirus’ more-virulent Delta variant battered the carrier’s advance bookings and the state’s governor told tourists to stay away.