All Strategy news – Page 13
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News
Canadian charter carrier Nolinor bumps 737 captain pay by 25-40%
The starting salary for a 737 captain at Nolinor is now C$175,000 ($129,000), with potential increases to a salary beyond C$250,000.
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News
Government launches Pakistan International Airlines privatisation tender
Pakistan has formally launched the tender for a majority stake in its national carrier, seeking expressions of interest from potential bidders by 3 May.
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Airline Business
Turkish Airlines sees growth sustaining with long-haul, cargo and AJet
While inflationary, geopolitical and aircraft availability issues continue to cloud the horizon, Turkish Airlines is still aiming to increase passenger capacity by 10% this year.
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News
Boeing pays Alaska Airlines $160m for 737 Max 9 grounding
Boeing paid Alaska Air Group $160 million in the first quarter as compensation for the 737 Max 9 grounding that followed the rapid de-pressurisation of Alaska Airlines flight 1282.
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Airline Business
Why Brazil’s airlines are welcoming ‘great dialogue’ with government
Brazil’s airlines are continuing to navigate tough market conditions, but there are signs that the government is listening to their concerns and may be about to offer at least $1.2 billion in new credit lines amid rising capital costs in the country.
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Airline Business
IATA global airline traffic leaps above 2019 for first time during longer February
Global airline traffic among the IATA membership in February exceeded pre-Covid levels for the first time since the pandemic, aided by the leap year adding an extra day to the month.
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News
Garuda reveals domestic focus as it eyes ‘small wins’ following profitable 2023
Garuda Indonesia will focus on its domestic operations – and be “selective” on international expansion – as it continues to grow its fleet this year.
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News
WestJet Encore pilots threaten strike that could disrupt regional flights
The union representing WestJet Encore pilots has voted to authorise a strike that could potentially disrupt the Canadian regional airline’s passenger flights later this month.
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News
Malaysian regulator says aircraft shortage ‘pressing issue’ as full recovery looms
The Malaysian Aviation Commission (MAVCOM) has identified aircraft delivery delays as a “pressing issue” for the country’s airline sector, as passenger traffic moves closer to a full post-pandemic recovery this year.
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News
United dangles unpaid time off to pilots amid Boeing delivery delays
With fewer new jets on the way than previously anticipated, United Airlines is offering unpaid time off to its pilots.
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Airline Business
China Eastern frets about geopolitics amid tepid international recovery
China Eastern Airlines was the only operator among China’s ‘Big Three’ – which also includes Air China and China Southern Airlines – to remain loss-making, despite China’s pandemic restrictions having been loosened for a full year.
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News
Canada Jetlines exploring ‘benefits and costs’ of trading on US stock exchange
Start-up carrier Canada Jetlines is exploring potential listing on the US stock exchange, executives revealed on 28 March.
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News
Azul reports higher Q4 earnings as it taps into new markets and keeps costs low
Brazil’s Azul increased fourth quarter revenue and profit in 2023, as it tapped into new markets while keeping costs in check.
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News
Alaska and Hawaiian enter 90-day timing agreement with DOJ amid antitrust review
Hawaiian Airlines and Alaska Airlines have entered into an agreement regarding the timing of their proposed tie-up as they work to satisfy the US Department of Justice’s requests for documentation.
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News
Gol slips to fourth quarter loss as it works through bankruptcy process
Restructuring Brazilian low-cost carrier Gol swung to a net loss of R1.1 billion ($221 million) in the fourth quarter, the first results it has disclosed since entering bankruptcy protection in January.
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Podcast
Airline Business Podcast: Changes at the top of Boeing and Europe’s united front
In the latest episode – sponsored by Panasonic Avionics – Graham and Lewis discuss the impact of the recently announced changes at the top of Boeing, which came after several airlines voiced concerns about aspects of the airframer’s management.
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Airline Business
Airlines accelerate hiring of women to top executive roles from low base
The industry has been employing more women in the C-suite for some time now, but new data hints at the pace of change quickening after years of glacial progress, with positive steps continuing into the first few months of 2024
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News
SkyWest chairman Jerry Atkin to retire after four decades with US regional carrier
Jerry Atkin, chair of SkyWest Airlines’ board of directors, is planning to retire in May, marking the end of four-decade-long tenure with the company’s senior leadership team.
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News
Cebu Pacific returns to profit as it closes in on record narrowbody order
Cebu Pacific has confirmed it is in the “closing stages” of negotiations for the order of up to 150 narrowbody aircraft, with a likely announcement “a month of two away”.
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Airline Business
‘Not just riding the wave’: after financial turnaround, Malaysia Airlines eyes year of ‘credibility’
As Malaysia Airlines’ parent Malaysian Aviation Group (MAG) turns in a glowing financial report, it is keen to prove it is no one-trick pony, but that it has changed for the better.