All Strategy news – Page 172
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NewsAirports join airline call for European winter slot waiver
Airports grouping ACI Europe has joined forces with airline bodies and slot coordinators to agree a theoretical framework for a waiver of the 80:20 “use it of lose it” rule during the upcoming northern hemisphere winter season.
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NewsAviation may not recover until 2024: trade group
US airline trade organisation Airlines for America (A4A) estimates four years will pass before travel returns to normal following the coronavirus pandemic.
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NewsJet2 sees winter bookings slow but bright picture for summer 2021
UK leisure carrier Jet2 is hopeful of offering capacity close to 2019 levels next summer after citing encouraging forward bookings for the period.
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NewsAir New Zealand’s chief commercial officer Cam Wallace resigns
Cam Wallace has resigned as Air New Zealand’s chief commercial and customer officer after 19 years with the organisation. He will leave at the end of September and will provide consultancy support to chief executive Greg Foran until the end of 2020, the carrier announced today. Source: Air ...
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NewsUnited Airlines to involuntarily furlough 16,370
United Airlines says that it will involuntarily furlough 16,370 employees at the end of this month as the long-term effects of the coronavirus crisis continue to take its toll on the air transport industry.
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NewsUK court formally backs Virgin Atlantic restructuring plan
Virgin Atlantic has completed another step in its planned recapitalisation after a court today approved its restructuring plan.
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NewsAugust is strongest traffic month for Ryanair and Wizz since crisis
The two airlines are the first in Europe to report traffic figures for the month, providing an early indication of how much passenger levels returned during the summer travel peak.
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NewsWestJet passes Nav Canada fee increases to customers
Nav Canada, the Canadian provider of civil air navigation services, has increased its fees for air traffic control services by almost 30%, prompting the country’s second largest carrier to pass those fees on to its customers.
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NewsArab carrier traffic seen not back to pre-crisis levels until at least 2024
Traffic among Arab air carriers is not now expected to return to pre-crisis levels until at least 2024 and could potentially not reach those levels before 2027, fresh analysis from the Arab Air Carriers Organisation (AACO) shows. In its third status report of the impact of the pandemic on the ...
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In depthUS pilots and cabin crew brace for furloughs: a look at the numbers
US passenger airlines are preparing to shed up to 100,000 jobs in the coming weeks unless Congress steps in to extend the financial relief that kept workers employed until now.
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NewsAir cargo traffic stabilises in July as capacity crunch continues
Air cargo traffic was stable in July but demand continues to be constrained by the lack of bellyhold capacity, according to the latest monthly report from IATA. Figures from the airline association show that demand in cargo tonne kilometre (CTK) terms fell by 13.5% year on year in July. IATA ...
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Airline BusinessNew Jeju Air boss sees pandemic as defining moment
The chief executive of South Korean low-cost carrier Jeju Air is focusing on the basics as the airline grapples with the effects of the coronavirus pandemic. E-Bae Kim has been chief executive of Jeju Air since 1 June, following a 30-year career with Asiana Airlines. His predecessor in the role, ...
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NewsDelta and American follow United in abolishing change fees
A day after United Airlines killed the long-hated change fee, Delta Air Lines and American Airlines have matched the Chicago-based carrier’s move, also pledging to “permanently” eliminate all change fees for domestic and some international travel.
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NewsAvianca secures $370m government loan commitment
Colombia’s government has committed $370 million in aid to Avianca as part of a $2 billion financing package aimed at helping the struggling carrier weather the coronavirus downturn.
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Airline BusinessOnce the industry’s darlings, Asian LCCs struggle in pandemic’s wake
Asia-Pacific’s low-cost carriers were once the region’s success stories and seen as the next phase of growth. Amid the coronavirus outbreak though, many are now struggling. How will they overcome the crisis?
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NewsUnited to furlough 2,850 pilots by end-2020
United Airlines will furlough 2,850 of its 13,000 pilots by the end of 2020 as passenger demand remains low and federal funding for airlines runs out in the coming weeks.
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NewsKenya Airways weighs cuts to ensure sustainable future
Kenya Airways is evaluating fleet, network and staff cuts to adapt to dramatic reductions in customer demand.
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NewsNew Chinese cargo airline approved to induct three Boeing 737s
Chinese cargo start-up Northwest International Cargo Airlines has been approved by the country’s civil aviation authority to introduce three Boeing 737 freighters to its fleet.
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NewsNorwegian keeps faith in slimmed down long-haul model
Restructuring low-cost carrier Norwegian aims to stick with a scaled-back version of its long-haul business when it moves out of the hibernation phase it has been in since the coronavirus crisis hit. While the airline continues to work on financial restructuring to secure its future – and today confirmed it ...
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NewsSchiphol Group to cut hundreds of jobs as airport traffic falls
Dutch airports operator Royal Schiphol Group expects to cut hundreds of jobs as the coronavirus crisis stymies demand for air travel.