All Strategy news – Page 143
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NewsFiji Airways set to return 737 Max to service
Fiji Airways is set to be the first Asia-Pacific carrier to return the Boeing 737 Max into service, after Fijian civil aviation authorities lifted the grounding of the narrowbody.
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NewsNorse Atlantic fires back against US lawmakers, alleging ‘false’ claims
Start-up airline Norse Atlantic Airways has blasted US lawmakers for making “false” claims about its labour practices, insisting it will conform to US air transport treaties.
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NewsUS opposition builds to Norse Atlantic’s planned transatlantic flights
Top US lawmakers are gearing up to battle a potential application by start-up Norse Atlantic Airways to begin transatlantic flights to the USA.
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NewsAir Canada and Transat call off merger
The European Commission (EC) has put the brakes on Air Canada’s planned acquisition of Transat AT, the parent of Air Transat, leading the companies to call off the deal completely.
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NewsUnited to resume hiring pilots, starting with 300 candidates
United Airlines plans to hire hundreds of pilots this year as the airline begins what it sees as a sustainable recovery after a coronavirus-plagued year.
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NewsLufthansa to seek shareholder authority for possible capital increase
Lufthansa Group is to seek approval from shareholders for a potential €5.5 billion ($6.5 billion) capital increase aimed at repaying equity invested in the carrier last year through Germany’s economic stabilisation fund (WSF).
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NewsWestJet lays off another 415 pilots
Canada’s WestJet has laid off another 415 pilots as the coronavirus crisis continues to tear through that country’s aviation sector.
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NewsFrontier shares begin trading on Nasdaq
Frontier Airlines’ stock began trading at $19 per share on the Nasdaq exchange on 1 April, raising $266 million in net proceeds for the Denver-based airline.
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NewsMajali returns as CEO of Royal Jordanian
Samer Majali is back as chief executive of Royal Jordanian Airlines, returning to a position he left more than 10 years ago.
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NewsChina’s ‘Big Three’ forecast to be loss-making in 2021: HSBC report
A HSBC Global Research report has forecast China’s three largest carriers to continue their loss-making streak this year, although it was likely they would narrow their losses on the back of higher domestic traffic.
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NewsChinese majors give indication on future of 737 Max orders
China Eastern Airlines expects Boeing 737 Max deliveries to resume from 2023 — even while it works with the airframer to return the aircraft to service.
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NewsAlaska Airlines joins Oneworld alliance
Alaska Airlines officially became the 14th member of the Oneworld aviation alliance on 31 March.
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NewsDelta to stop blocking middle seats in May
Delta Air Lines, the last US carrier to continue blocking middle seats amid the pandemic, will rescind that policy in the coming weeks.
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NewsCorsair fleet renewal begins as it takes first higher-weight Airbus A330neo
French leisure carrier Corsair has taken delivery of its first Airbus A330-900 on lease from Avolon, becoming the first operator to take the higher-weight version of the widebody.
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NewsPandemic pushes China’s ‘Big Three’ into big full-year losses
China’s three largest carriers swung deeply into the red in 2020, despite a domestic air travel recovery, as the “unprecedented impact” of the coronavirus outbreak punished their profitability.
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NewsKorean Air floats 2024 for finalisation of Asiana acquisition
Korean Air estimates that “all aspects” of its acquisition of Asiana Airlines will be finalised by 2024, as the flag carrier has “readjusted” its timeline for international regulatory approvals.
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NewsHainan’s creditors seek to claw back more CNY200 billion
More than 1,500 creditors are hoping to claim more than CNY201 billion ($36 billion) from Hainan Airlines, the embattled flagship airline unit of China’s HNA Group, as a creditors’ meeting draws nearer.
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NewsAirAsia sees recovery signs ahead after heavy 2020 loss
Low-cost carrier group AirAsia posted a net loss of MYR5.9 billion for 2020 as revenue slumped 74% and it was hammered by one-off costs during the pandemic-hit year.
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NewsUnited back at JFK, with Los Angeles and San Francisco flights
United Airlines is back at New York’s John F Kennedy International airport.
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NewsASL’s UK cargo start-up launches services
ASL Aviation Holdings’ new UK cargo airline has carried out its first flight today after becoming the first fixed-wing carrier to secure an air operator certificate (AOC) from the UK CAA since Brexit.