All Strategy news
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News
Qantas returns as AAPA member
Qantas has rejoined the Association of Asia Pacific Airlines (AAPA), after exiting the group nearly 15 years ago.
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Air Wisconsin plans to let capacity purchase agreement with American expire
US regional carrier Air Wisconsin is winding down its capacity purchase agreement with American Airlines as it initiates a strategic shift toward charter and essential air service flying.
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Lufthansa-ITA tie-up finalised with transfer of two-fifths stake in Italian carrier
Germany’s Lufthansa Group has completed its long-sought acquisition of Italian carrier ITA Airways, finalising on 17 January its acquisition of a two-fifths stake in the company.
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Spirit Airlines secures $300m financing infusion for post-bankruptcy operations
US discounter Spirit Airlines has secured an additional $300 million in financing from debt holders as it prepares to exit Chapter 11 bankruptcy proceedings.
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Global Crossing eyeing launch of yet-unnamed Australian ACMI charter airline
Several years after launching as a start-up charter and passenger carrier, Florida-based Global Crossing Airlines – which operates as GlobalX – is looking to extend its model to Asia-Pacific by establishing a new airline based in Melbourne.
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Emerald Airways says same-day UK-Ireland travel will not return to pre-pandemic levels
Same-day air travel between Ireland and the UK will not recover to pre-pandemic levels because many businesses have replaced internal face-to-face meetings with conferencing technology.
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Azul and Gol exploring potential business combination
Abra Group and Brazilian carrier Azul have entered a memorandum of understanding to explore a combination that would create Brazil’s largest airline via a tie-up with Gol.
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Delta adds longtime Walmart executive Judith McKenna to board of directors
Delta Air Lines has appointed former Walmart International chief Judith McKenna as the newest member of its board of directors.
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Frontier’s break from ULCC model continues with free seat upgrades for top-tier loyalty members
Ultra-low-cost carrier Frontier Airlines is continuing along the “premiumisation” pathway by rolling out free seat upgrades for its highest-tier loyalty programme members.
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US carrier Silver Airways aims to emerge from restructuring in first quarter
The Hollywood, Florida-based operator recently told FlightGlobal that it plans to complete the process in the first quarter but declined to be more specific, citing “pending proceedings” with the US Bankruptcy Court for the Southern District of Florida.
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Delta foresees best-ever results this year after strong end to 2024
Delta Air Lines believes it can achieve the best financial results in the airline’s history in 2025, after it capped a “great” 2024 with record fourth-quarter revenues.
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Southwest CFO Romo to retire in continuation of management shake-up
Southwest Airlines’ longtime chief financial officer (CFO) Tammy Romo will leave the company on 1 April, a move coming as the Dallas-based airline progresses with revamping its business following several years of lagging profits.
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Akasa Air appoints marketing head to newly created operations role
Akasa Air has appointed its marketing chief Belson Coutinho to a newly-created chief operating officer role, amid slower growth in 2024, and increased regulatory scrutiny in recent months.
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Breeze tracking to secure international authority in first quarter
Chief executive David Neeleman says US start-up carrier Breeze Airways is on track to launch its first international flights early in 2025.
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Cathay expects ‘strong’ second-half results on cargo, fuel costs
Cathay Pacific expects a “strong” showing for the second-half financial results, as it approaches full capacity recovery January next year.
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Air Canada plans to become C$30bn revenue company by 2028
The Star Alliance carrier plans to reach C$30 billion in annual revenue in four years and to exceed that figure by decade’s end.
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Air Transat parent secures C$34m compensation package for P&W engine woes
Canada’s Transat AT reports a profitable fiscal fourth-quarter boosted by a C$34 million ($25 million) compensation agreement with geared turbofan (GTF) engine maker Pratt & Whitney.
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Air Canada to offer free wi-fi in 2025
Air Canada is set to become the latest North American airline to offer free wi-fi access to passengers, disclosing on 12 December plans to begin rolling out the service in May.
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Fiji Airways’ full membership likely to sunset Oneworld Connect programme
Fiji Airways’ move from an affiliate to a full member of Oneworld next year is likely to signal the end of the airline alliance’s Connect membership programme.
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US carriers expect to receive first A321XLRs next year as certifications progress
US airlines are gearing up to acquire their first Airbus A321XLRs, after the Federal Aviation Administration recently certificated the variant of the 4,700nm (8,704km)-range jet powered by CFM International Leap-1A turbofans.