Strategy – Page 86
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NewsLATAM to equip A320s with fuel-saving engine-idle descent function
Chile’s LATAM Airlines will equip its fleet of Airbus A320-family narrowbodies with an Airbus-supplied system that reduces fuel burn by automating an “optimal” engines-at-idle descent.
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NewsKLM reinstates Miami and Las Vegas flights after border relaxations
KLM has re-expanded its US network for the coming winter season, in an abrupt change of fortunes following the relaxation of travel restrictions at home and abroad.
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NewsBA to drop Gatwick short-haul flights after failing to reach terms with pilots
British Airways is to suspend short-haul operations at London Gatwick and pursue “alternative uses” for the relevant slots after disclosing its plans for a new subsidiary have failed to secure support from its pilots.
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NewsSouth African Airways resumes flights for first time in a year
Restructured South African Airways has this morning resumed flights, carrying out its first service since last year on the Johannesburg-Cape Town domestic route.
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NewsDismissals imminent, United reports most staff are vaccinated ahead of mandate
With its vaccine mandate set to take effect in five days, United Airlines reports that the vast majority of its workers have received the required jabs.
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NewsBamboo Airways signs $2 billion GEnx engine deal
Vietnamese carrier Bamboo Airways has selected GE Aviation’s GEnx engines to power its Boeing 787-9 aircraft, in a contract valued at close to $2 billion.
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NewsDOJ sues to unwind American-JetBlue alliance, carriers pledge to fight
The US Department of Justice confirms it has sued in US federal court to force American Airlines and JetBlue Airways to scuttle their partnership in the Northeast USA, alleging the pact violates US anti-trust laws.
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NewsAmerican and JetBlue defend Northeast partnership amid reports of US anti-trust challenge
American Airlines and JetBlue Airways are on the defensive following news that the Department of Justice intends to challenge their newly established alliance in the Northeast USA.
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NewsIcelandair Group’s chief operating officer steps down
Icelandair Group’s chief operating officer Jens Thordarson has resigned from his role.
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NewsLundgren explains thinking behind EasyJet’s £1.2 billion rights issue
EasyJet’s £1.2 billion ($1.4 billion) rights issue will be used to reduce debt, help deliver a strong financial position going into the winter season where demand remains uncertain and give the carrier funds available to take growth opportunities as they arise, says EasyJet chief executive Johan Lundgren.
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NewsAmerican invests $100m in Bill Gates-led clean-technology development project
American Airlines has become the latest US airline to commit to carbon-reducing measures, saying it has invested $100 million in a Bill Gates-led financing programme intended to support cleaner aviation technologies.
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NewsRepublic Airways to move headquarters, training centre to Indianapolis suburb
US regional airline behemoth Republic Airways is opening a new corporate headquarters and training centre in the Indianapolis suburb of Carmel.
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NewsUS airlines rejoice at lifting of US bans on inbound travellers
US airlines have finally received the gift they so long sought from the administration of president Joe Biden: a full opening of the USA to foreign travellers.
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NewsVueling to pick up Air France slots at Paris Orly
IAG’s Spanish low-cost carrier Vueling is set to pick up slots at Paris Orly airport being released by Air France as a condition of the European Commission’s approval of French financial support to the latter.
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NewsJetBlue and Spirit vie for 16 available Newark slots
JetBlue Airways and Spirit Airlines have applied with the US Department of Transportation to received more than a dozen newly available take-off and landing slots at Newark Liberty International airport.
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NewsEuropean airline shares rise as US signals full restart of transatlantic travel
The big European network airlines saw their share prices increase sharply on 20 September amid reports that the US government might soon announce a relaxation of its border controls for European visitors.
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NewsLufthansa launches $2.5bn capital raise to repay state support
Lufthansa is launching a €2.14 billion ($2.50 billion) capital raise aimed at strengthening its equity position and repaying part of the German state’s investment in the airline during the crisis.
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NewsUS airlines could miss 2021 profit targets as end-of-year travel demand sags
US airlines may struggle to meet already trimmed 2021 financial targets due to the persistence of Covid-19, which continues eroding demand for autumn and winter travel despite a strong summer period.
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NewsAdministrator sets €290m starting price for Alitalia brand
Administrators for Alitalia will tomorrow launch a tender for the Italian carrier’s brand, having the set the price at €290 million ($341 million) to participate.
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NewsUS government to grant 16 Newark slots to a discount airline
The US Department of Transportation is making 16 take-off and landing slots at Newark Liberty International airport available to a single US low-cost airline.