All Strategy news – Page 128
-
NewsTransatlantic ‘already leading the recovery’ of Lufthansa long-haul business
The opening up of many European countries to non-essential travellers from the USA has kick-started a significant recovery in Lufthansa Group’s transatlantic passenger traffic.
-
NewsFrontier sees ‘softening’ demand due to delta variant
Frontier Airlines says more passengers returned to air travel during the second quarter, propelling the carrier to a small net profit, but that it is seeing “softening” in bookings as concerns about the rapid spread of the coronavirus’ “delta” variant grow.
-
NewsUS start-up GlobalX aims to launch flights this week
US start-up carrier GlobalX Airlines hopes to begin passenger charter flights this week.
-
NewsChorus Aviation agrees to lease two Dash 8s to hopeful US start-up Connect Airlines
Canadian aircraft lessor Chorus Aviation Capital has reached deals to lease two De Havilland Canada Dash 8-400 turboprops to the company working to launch a US carrier called Connect Airlines.
-
NewsSpirit’s operational woes continue for fourth day
Spirit Airlines is struggling to complete flights for the fourth straight day amid system-wide disruptions due to inclement weather and staffing bottlenecks.
-
NewsUS start-up GlobalX lands FAA operating certificate
US start-up GlobalX has received an aircraft operating certificate from the Federal Aviation Administration, moving the company closer to starting passenger charter flights, says GlobalX’s media representative.
-
NewsBritish Airways signals A380 return with extended maintenance contract
British Airways has extended the maintenance contract for its 12 Airbus A380s, further signalling its intent to return all of its superjumbos to service.
-
NewsTrans-Tasman bubble woes to widen Air NZ losses
Air New Zealand has forecast a worst financial performance in the coming year, as the pause in the Trans-Tasman travel bubble is expected to have a significant impact on earnings.
-
NewsUS business travel could hit 80% of 2019 levels by end-2022, pandemic effects could last longer: report
US corporations’ travel spending will likely inch up to 25-35% of 2019 levels by the end of 2021 and up to 80% by the end of 2022 – though full recovery depends on how significantly the pandemic changed corporations’ view of business travel.
-
NewsJapan Airlines narrows first-quarter loss
Japan Airlines narrowed its first-quarter loss on the back of rising revenue, warning that it is “difficult to reasonably foresee” the timing and nature of the sector’s recovery.
-
NewsBrazil’s Azul inks $1b deal with Lilium
Brazil’s Azul has signed a commercial deal with German electric aviation startup Lilium worth up to $1 billion.
-
NewsRwandAir and Qatar Airways deepen partnership with interline agreement
Deal will give travellers access to more than “160 destinations in the combined networks” from the carriers’ respective Kigali and Doha hubs.
-
NewsFlight numbers in Europe exceeded best-case scenario in July: Eurocontrol
Air traffic in European airspace exceeded Eurocontrol’s “optimistic” scenario in July, with flight numbers at 65% of 2019 levels.
-
NewsGaruda swings to first-quarter loss as revenue halves
Garuda Indonesia was in the red for the first quarter of the year, as declining revenue outpaced a reduction in costs amid less flying during the pandemic.
-
NewsLion Air Group puts 8,000 employees on furlough amid steep capacity plunge
Indonesia’s Lion Air Group will put around 8,000 staff — or about 25-35% of its 23,000 employees — on furlough, as its operations have taken a severe hit amid the coronavirus pandemic.
-
NewsExpressJet expects to relaunch 'within the quarter'
ExpressJet Airlines says it will resume service “within the quarter” after the US Department of Transportation (DOT) granted the regional carrier permission to restart commercial operations under its own brand.
-
NewsAir Transat resumes operations after six-month pause
Canada’s Air Transat has resumed flying after a six-month pandemic-driven pause.
-
Airline BusinessThe captain piloting Malaysia Airlines into a post-restructuring future
FlightGlobal speaks with Malaysia Airlines chief Captain Izham Ismail, a company veteran of over 40 years, on the way forward for the airline which recently exited restructuring.
-
NewsSkyWest sees continued improvement in Q2
SkyWest Airlines saw continued improvement in the second quarter of 2021, and expects to reach pre-pandemic flying levels by the first part of 2022.
-
NewsAmerican takes minority stake in Indigo Partners’ JetSmart
American Airlines plans to take a minority stake in low-cost carrier JetSmart in order to broaden its network in Latin America further and help fuel the Chile-based carrier’s growth.