All Strategy news – Page 130
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NewsSouthwest is ‘delighted’ with recovery progress
Southwest Airlines is “very delighted” with the post-coronavirus crisis rebound in air travel and has not yet seen any indication that the more-contagious “Delta variant” has had any effect on business.
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NewsAlaska Airlines ‘on the path to profitability’
Alaska Air Group narrowed its loss in the second quarter of 2021, as passenger demand rose in line with the entire air transport industry.
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NewsGovernment aid pushes American to small second-quarter profit
American Airlines achieved a profit of $19 million in the second quarter of the year as the airline ramps up its operations in the face of dramatically increased leisure demand.
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Airline BusinessCovid-19 resurgence slams Australia’s domestic travel recovery
A surge in coronavirus infections in Australia is threatening to derail the country’s domestic air travel recovery momentum, as airlines cut capacity and warn of job losses.
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NewsAmerican ups pilot hiring targets due to rapidly increasing demand
American Airlines will hire 350 new pilots this year, up from 300, as the industry recovery accelerates following the year-long coronavirus crisis.
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NewsUnited ‘bullish’ about business and international travel rebound
United Airlines executives are “bullish” about the carrier’s post-coronavirus recovery trajectory, and expect the business travel segment to accelerate significantly in the coming months.
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NewsIndonesia’s Super Air Jet teases imminent launch
Super Air Jet, the new Indonesian carrier with links to Lion Group founder Rusdi Kirana, has hinted about launching flights “soon”, as it announced several domestic destinations it intends to serve.
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NewsCanada’s WestJet declines federal aid
WestJet, Canada’s second largest airline, says it is “not actively pursuing financial support from the federal government” to help it navigate through the Covid-19 crisis
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NewsAeromexico continues a steady recovery in Q2
Grupo Aeromexico, the parent company of Mexico’s legacy carrier, says the airline continued steadily recovering from the coronavirus crisis during the second quarter of the year, as both domestic and international travel contributed to narrowing its financial loss.
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NewsUnited's Q2 ‘exceeded expectations’ as business travel returns
United Airlines says its second quarter results “largely exceeded original expectations” as business and international travel began to make a stronger return in addition to leisure travellers’ run on tickets for the beginning of the summer holiday travel period.
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NewsEasyJet turns to EU network as it lifts capacity to 60% for key summer months
European low-cost carrier EasyJet expects to fly 60% of its pre-crisis capacity in the three months ending 30 September after operating less than a fifth of capacity in the previous quarter.
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NewsAuditors cast ‘significant doubt’ over Garuda’s survival
Auditors have raised “significant doubt” over Garuda Indonesia’s ability to continue as a going concern, after the beleaguered flag carrier plunged to a record full-year loss.
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NewsUS president says decision imminent on reopening to European travellers
US president Joe Biden has suggested that there will be news on the potential reopening of US borders to non-essential European visitors in the coming days.
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NewsCautious Cathay expects 30% normal capacity by year-end
Cathay Pacific expects to operate about 30% pre-pandemic passenger capacity by the fourth quarter of the year, as it notes the “small signs of improvement” in its June traffic results.
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NewsMalaysia Airlines seeks to sell six A380s
In a LinkedIn post, the airline says its subsidiary MAB Pesawat Sdn Bhd is conducting an open tender for the sale of the widebodies, along with components.
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NewsDelta eyes continued financial recovery in second half of 2021
Delta anticipates its business will continue improving in the third quarter, with revenue and capacity expected to creep closer to 2019 levels thanks partly to strong demand for travel within the USA and to Latin America.
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NewsIATA unhappy as EU proposes tax on aviation fuel
Airline industry association IATA has criticised European Commission proposals to tax the jet kerosene used for intra-bloc flights, suggesting its focus should instead be on other sustainability measures.
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NewsDelta returns to profit in Q2 with help from US government payroll grants
Delta Air Lines returned to the black posting a $652 million profit in the second quarter, aided by $1.5 billion in US government Covid-19 support,
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NewsAir Astana swings to modest half-year profit
Kazakhstan’s Air Astana Group posted a net profit of $4.9 million for the first six months of 2021, swinging from a loss of $66.2 million in the same period in 2020.
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News‘I will not forget the lessors who have treated us badly’: AirAsia chief
AirAsia Group chief executive Tony Fernandes says he has found it “painful” how some unnamed lessors have treated the business during the Covid-19 crisis.