Strategy – Page 94
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NewsCanada’s Porter to restart flights in September with federal aid
Porter Airlines intends to resume operations on 8 September, following months of delays as the regional carrier watched for signs that Canada would loosen travel restrictions and that demand for flights would return.
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NewsIndonesia AirAsia suspends all flights as tightened restrictions kick in
Indonesia AirAsia will suspend all scheduled flights across its network for a month, as Indonesia tightens restrictions on the islands of Bali and Java to curb the spread of coronavirus.
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NewsJetstar Japan names new chairman
Jetstar Japan has appointed Nick McGlynn as its new chairman, replacing Yasuhiro Nakamura, who retired on 30 June.
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NewsCyprus Airways unveils new ownership and chief executive
Cyprus Airways has been acquired by Malta’s SJC Group and has named George Mavrocostas as its new chief executive.
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NewsIndian low-cost carrier Go First faces delay in IPO
Indian low-cost carrier Go First — formerly known as GoAir — hit a roadblock in its planned market listing, with the securities and exchange regulator temporarily halting the airline’s IPO.
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NewsJAL fortifies low-cost strategy with Jetstar Japan, Spring Japan investments
Japan Airlines will make additional investments in two of its three low-cost units, Jetstar Japan and Spring Japan, as it looks to build up a low-cost network centred around its Tokyo Narita hub.
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NewsSpiceJet to raise Rs25 billion as loss-making streak continues
Indian low-cost carrier SpiceJet will raise Rs25 billion ($336 million) to beef up its war chest against the coronavirus pandemic, which has battered its profitability.
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NewsAlaska aims to become ‘most fuel-efficient’ US airline: CEO
Alaska Airlines is aiming to become the most fuel-efficient US airline in the next five years, the airline’s chief executive says.
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NewsRavn Alaska considering using 757s to launch new operation: reports
Alaskan regional airline Ravn Alaska is reportedly considering a major expansion, using Boeing 757s to launch flights from its home state to Asia and the contiguous USA.
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NewsKorean Air on track for Asiana acquisition
Korean Air has cleared another milestone in its acquisition of Asiana Airlines, with state-backed Korea Development Bank (KDB) approving the carriers’ integration plan.
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NewsVietJet to raise 15% of charter capital and $300m in bonds
VietJet’s shareholders have approved a private shares placement for up to 15% of its charter capital and a $300 million bond offering.
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NewsUnited orders 270 Airbus and Boeing narrowbodies, plans to retire 200 50-seat jets
United Airlines has placed orders for a combined 270 Airbus and Boeing narrowbody jets, including 200 737 Max and 70 A321neos – a pair of massive deals that signal that the US airline industry is recovering from the Covid-19 pandemic.
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NewsGaruda aiming to complete restructuring by year-end
Garuda Indonesia is targeting to complete its restructuring within the year but did not commit to a timeline for the process or further steps to pay off its debts.
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NewsAirline Business Friday Briefing: Two very different CEO departures
This week saw two low-cost carriers announce changes at the top of their businesses, where the similarities between the stories begin and end with the business model.
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NewsLufthansa to temporarily bring back five A340-600s to offer first class from Munich
Lufthansa is to temporarily reactivate five Airbus A340-600s on flights from Munich next summer to provide a first-class product offering from the airport.
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NewsAsia low-cost chiefs differ on recovery forecasts
Two low-cost carrier chiefs offered different views on how travel in the region might recover from the coronavirus pandemic.
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NewsIndia’s Alliance Air eyes growth after parent Air India divestment
Indian regional operator Alliance Air is looking to ink more codeshare agreements with other international carriers, as part of its growth strategy following the privatisation of its parent company Air India.
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NewsEliminating passenger mask mandate is ‘next step’: Spirit Airlines CEO
The US government can help reduce the incidence of unruly air passenger behavior by doing away with the requirement that travellers wear face coverings, says the chief executive of Spirit Airlines.
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NewsSouthwest Airlines chief to step down in February 2022
Southwest Airlines’ chief executive Gary Kelly will step down from his role in early 2022, after having led the US low-cost carrier through aviation’s most devastating crisis.
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NewsFinnair and China’s Juneyao Air seal joint-venture agreement
Finnair and Juneyao Air have signed a joint-venture agreement that deepens the carriers’ commercial relationship on services between Finland and China.