All Strategy news – Page 120
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Airline BusinessTentative reopening steps continue in Asia but long route to recovery
International travel in Asia-Pacific has been paltry since the crisis hit amid some of the tightest approaches to border control in the world and lagging vaccination roll-outs.
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NewsVolaris Q3 net profit more than doubles over 2019 level
Mexican ultra-low-cost carrier Volaris reports strong earnings during the third quarter of 2021 as tourists flocked to the country in greater numbers, and more domestic passengers chose to travel by air.
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NewsSouthwest and American will not fire unvaccinated workers despite federal mandate: CEOs
Neither Southwest Airlines nor American Airlines plan to fire workers who fail to receive coronavirus vaccines, as mandated by the US government for government contractors.
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NewsAmerican turns Q3 profit with nearly $1b in government aid
American Airlines remained profitable in the third quarter of 2021 thanks to US government pandemic-related aid, as executives predict business travel will recover in 2022.
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NewsSouthwest keeps profitable with government aid in ‘messy’ third quarter
Southwest Airlines has described its third-quarter performance as “messy” and warned its troubles could persist as it struggles to match increasing demand with capacity and staffing.
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News787 delivery delays prompt American to revise winter schedule
American Airlines has removed some Boeing 787s from its winter flight schedule due to Boeing’s ongoing pause of 787 deliveries which have quality issues.
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NewsAlaska’s Q3 marked ‘significant stride’ to recovery
Alaska Air Group made a “significant stride forward” to recovery in the third quarter of 2021, despite the coronavirus’ Delta variant hitting the company’s revenue in last months of the year.
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NewsStart-up Ultra Air plots key role in Colombian market reaching 50m passengers
The chief executive of Colombian start-up Ultra Air believes the airline can play a significant role in growing the country’s air transport market to 50 million passengers over the next five years, citing similar trends in other Latin American countries.
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NewsEasyJet takes first lounge step with co-branded Gatwick facility
Low-cost carrier EasyJet will on 21 October open it first airport lounge, a co-branded facility it is opening at London Gatwick in association with No 1 Lounges.
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NewsSpare aircraft cheaper than paying delay compensation: Ultra Air chief
The availability of aircraft at favourable lease rates means Colombian start-up Ultra Air is aiming to achieve “operational excellence” through the retention of spare jets within its fleet, according to its co-founder and chief executive.
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NewsCourt rejects LOT appeal over EasyJet and Lufthansa win of Air Berlin assets
An EU court has rejected cases put forward by LOT Polish Airlines contesting decisions to enable EasyJet and Lufthansa to acquire assets from collapsed carrier Air Berlin.
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Airline BusinessRaised capacity on US-Mexican border routes bucks international trend
In an environment where a rebound in travel to pre-crisis level for most international markets is off the horizon for perhaps multiple years, the speed and scale of the recovery in the US-Mexican market is a stand-out.
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NewsAeromexico shows improved Q3 in line with industry
Grupo Aeromexico, the parent company of Mexico’s legacy carrier, says the airline’s position during the third quarter of 2021 continued to improve in line with the global aviation industry.
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NewsUnited Airlines defies Delta variant dip to post $473m profit in Q3
United Airlines reports a small profit during the third quarter of 2021 as bookings bounced back from a Delta-variant-related dip early in the three-month period.
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Airline BusinessWizz Air UK seeks ‘scaleable’ growth as testing change boosts demand
New Wizz Air UK chief executive Marion Geoffroy believes the scrapping of the more expensive PCR test for fully-vaccinated travellers from later this month will be a key driver of demand as the carrier ramps up capacity for Christmas travel.
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NewsAir Madagascar placed under court restructuring
Air Madagascar has been placed under a court-appointed restructuring process, the Indian Ocean island nation’s government has disclosed.
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NewsNew EU open skies deal with Qatar includes initial capacity caps
European Union regulators have signed an air transport services agreement with Qatar which includes capacity caps in some key markets before full access is implemented in 2024.
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NewsEurope’s last MD-11 exits Lufthansa Cargo service before sale to Western Global
Lufthansa Cargo’s last Boeing MD-11 freighter completed its final service with the European carrier on 17 October, before its sale to US operator Western Global Airlines.
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Airline BusinessArrivederci Alitalia as famous brand bows out – for now
Italian national carrier Alitalia will carry out its last flight today as the company ceases operations, though it remains to be seen if it is the last time the long-standing and familiar brand is seen in the air.
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NewsIATA’s Walsh slams UK testing policy and Heathrow charges
In addressing the Aviation Club in London on 13 October, IATA director general Willie Walsh was back on familiar territory - both in terms of location and subject matter.