All Strategy news – Page 109
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NewsAir France-KLM saw long-haul recovery continue in December despite Omicron
Demand for long-haul travel continued to improve through to the end of 2021, according to Air France-KLM, even as the Omicron variant of Covid-19 prompted the introduction of further travel restrictions.
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News‘Big surprise’ from Air France-KLM as it beats pre-Covid profit in fourth quarter
Air France-KLM’s cost-cutting and restructuring efforts helped it achieve a fourth-quarter 2021 operating profit ahead of that recorded in the same period of 2019.
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NewsAvelo appoints aviation analyst Hunter Keay as its CFO
Low-cost start-up carrier Avelo Airlines has appointed aviation analyst Hunter Keay to be its chief financial officer.
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NewsAeromexico shows ‘signs of recovery’ in Q4
Grupo Aeromexico, the parent company of Mexico’s legacy carrier, says the airline’s position during the fourth quarter of 2021 continued to improve, despite Omicron-variant-related cancellations.
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NewsJetBlue orders 30 more Airbus A220-300s
JetBlue Airways has ordered another 30 Airbus A220-300s to take its firm commitment for the type to 100.
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NewsIndustry leaders see post-pandemic growth imminent, but headwinds remain
Senior industry leaders speaking at the Aviation CEO Forum, organised on the opening day of the Singapore Airshow by FlightGlobal with partners Experia Events and CFM International, believe that recovery is on the horizon – but that potential headwinds mean the sector is not fully out of the woods yet.
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NewsFormer Turkish Airlines chairman to head revamped Air India
Air India’s new owners Tata Sons has appointed former Turkish Airlines chairman Ilker Ayci as the carrier’s new chief executive and managing director.
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NewsRevamped AirAsia X takes further step in boosting cargo revenues
Malaysian long-haul, low-cost operator AirAsia X has further bolstered efforts to build its cargo revenues under its restructured business model with a belly-space utilisation deal covering a third of its Airbus A330-300 fleet with the logistics venture of Capital A, formerly AirAsia Group.
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NewsKorean eyes March launch of Boeing 737 Max flights
Korean Air aims to begin Boeing 737 Max operations from the start of March after taking delivery of its initial example on 13 February.
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NewsUS pilot union ALPA protests Wizz Air’s application to fly to USA
US pilot union Air Line Pilots Association, International (ALPA) is protesting Wizz Air’s application to fly to the USA, claiming the Hungarian carrier has used ”a toxic culture of reprisal” to intimidate crew and that it ignores issues such as fatigue and illness that could compromise safety.
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NewsHeathrow laments ‘Omicron hangover’ but softening of travel restrictions brings hope
London Heathrow airport continued to see the impact of the Omicron variant of Covid-19 during January, despite the UK dropping additional travel restrictions a few days into the month.
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Airline BusinessDoes Frontier-Spirit merger herald wider airline consolidation trend?
The unique circumstances around the Frontier Airlines-Spirit Airlines merger mean it is debatable whether it has anything to say about prospects for wider consolidation in the global airline industry.
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NewsCopa posts Q4 profit but takes Omicron hit in Q1
Copa Holdings, the parent of Panama City-based Copa Airlines posted a profit for the fourth quarter of 2021, but says the Omicron variant of Covid-19 will negatively affect first-quarter earnings.
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NewsBusy Ryanair stops Eurocontrol flight numbers falling below ‘low’ scenario in early February
The number of flights in European airspace is tracking Eurocontrol’s ‘low’ scenario so far in February, despite Ryanair operating above pre-pandemic levels, as the region’s response to the Omicron variant of Covid-19 hits the recovery trajectory.
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NewsMesa reports fiscal Q1 loss as Omicron and pilot attrition hit earnings
Regional carrier Mesa Airlines reported a loss for the first quarter of its fiscal year as the company struggled with staffing issues stemming from the Omicron variant of Covid-19 as well as pilots leaving for larger carriers.
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NewsSilver Airways raises capital, adds aircraft and routes
Regional carrier Silver Airways has raised $50 million in capital, added new several aircraft to its fleet and received certification to operate freighter service.
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NewsRegulator backs Condor in Lufthansa feeder flight access dispute
German competition regulators have preliminarily backed leisure carrier Condor in its claim that it should have access to Lufthansa feeder flights for its long-haul operations after the latter terminated a partnership agreement.
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Airline BusinessWhy has Turkish Airlines’ share price rocketed in recent months?
While the majority of global airline groups tracked by FlightGlobal have yet to see their share prices return to anything like pre-Covid levels, Turkish Airlines is a different story.
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Airline BusinessUS start-up Airbahn plans to begin revenue service in ‘May or June’
US start-up carrier Airbahn plans to launch revenue service in the second quarter as it works through the Federal Aviation Administration’s certification process.
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NewsSun Country to ‘grow sensibly’ after reporting small Q4 loss
Sun Country Airlines says it continues to “grow sensibly through the recovery” as it posts a small loss for the fourth quarter of 2021.