All Strategy news – Page 148
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NewsCanada’s Porter again pushes back restart date
Canada’s Porter Airlines has again delayed its restart, now saying it will resume operations on 19 May.
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NewsAirAsia X continues loss-making streak amid grounding, restructuring
Beleaguered AirAsia X stayed in the red at the operational level, despite narrowing its losses on a quarter-to-quarter basis.
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NewsCzech Airlines files for reorganisation
Czech Airlines (CSA) has filed for reorganisation under insolvency regulations as “the last option to save the company” unless it receives government financial support.
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NewsBA premium-economy roll-out plays well for recovery phase: Doyle
British Airways chief executive Sean Doyle believes the increased mix of premium-economy seating in its capacity is well timed to cater for the likely slower pick-up in business traffic during the pandemic recovery phase.
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NewsIAG sees long-haul driving passenger revenues since September
IAG carriers British Airways and Iberia have been generating the majority of their passenger revenues from long-haul flights in recent months, driven by resilient demand for visiting friends and relatives (VFR) travel.
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NewsNorwegian posts $2.7bn annual loss
Norwegian made a net loss of NKr23 billion ($2.7 billion) in 2020, dramatically deepening one of NKr1.61 billion in 2019, as its long-haul low-cost business model was devastated by the Covid-19 pandemic.
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NewsGallego sees Air Europa deal more likely to close in late 2021
IAG chief executive Luis Gallego expects completion of the group’s planned acquisition of Spanish carrier Air Europe to be nearer to year-end, having set a second-half target to close the delayed deal.
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NewsIAG to operate 20% of capacity in first quarter after tumbling to €7.4bn loss
British Airways and Iberia parent IAG expects to operate just a fifth of its 2019 capacity in the first quarter after disclosing it swung to a €7.43 billion ($9.1 billion) operating loss last year. IAG posted a €1.47 billion loss for the fourth quarter, a period in which it operated ...
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NewsIAG names new Aer Lingus chief
IAG airline Aer Lingus has appointed Lynne Embleton as its new chief executive, effective 6 April, replacing interim head Donal Moriarty.
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In depthAviation’s long route to beating gender inequality
Despite decades of trying, the aviation and aerospace industry it is still searching for a winning formula on gender diversity.
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NewsAir New Zealand mulls ‘opportunities to adjust’ widebody fleet amid half-year loss
Air New Zealand will take no new aircraft before June as it eyes “opportunities to adjust” its future widebody fleet, including reducing the number of Boeing 777-300ERs and delaying 787 deliveries.
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Airline BusinessEuropean airlines pine for summer recovery
Amid the endless months of lockdown, the rollout of vaccines has been the light at the end of the tunnel for European airlines desperate to begin generating cash again.
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NewsThai AirAsia eyes April domestic restart amid widening losses
Thai AirAsia expects to resume all domestic flights by April, even as its parent company’s full-year losses widen amid the impact from the coronavirus pandemic.
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NewsQantas, Rex regional turf war heats up
Australia’s Regional Express (Rex) has waged a war of words with arch-rival Qantas over the latter’s regional network expansion, as it prepares to commence mainline domestic operations in the coming weeks.
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NewsAsiana modifies two passenger A350s for freighter operations
Asiana Airlines has modified two Airbus A350-900 passenger jets for freighter operations as part of plans to grow its cargo business.
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NewsAirAsia’s Fernandes offers rose-tinted outlook
AirAsia Group chief Tony Fernandes is optimistic that the AirAsia Group, which has been hard hit by coronavirus pandemic, will “potentially” achieve full recovery “within the next two years”.
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NewsMexico’s low-cost Volaris tracks ‘strongest recovery’ in the industry
Mexican ultra-low-cost carrier Volaris is on track for one of the fastest recoveries in the industry even though the coronavirus continued to drag on results in the fourth quarter 2020, the airline says on 19 February.
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Airline BusinessBoeing 737 Max service return in the Americas gathers pace
Airlines across the Americas are first to test customer appetite for the aircraft in much-changed operating climate
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NewsAtlas reports $495 million profit for 2020
Atlas Air Worldwide Holdings generated an operating profit of $495 million for the full year 2020 despite the coronavirus pandemic downturn making it the worst year in history for air cargo demand, reversing its fortunes from an operating loss of $461 million in 2019.
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NewsQatar pitches touchless IFE initiative to allay post-Covid travel concerns
Qatar Airways is highlighting its steps towards offering full touchless in-flight technology onboard its aircraft in a further sign of how airlines are adapting their product and marketing in light of customer sensitivities to flying in the post-pandemic environment.