All Strategy news – Page 27
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News
Spirit names CFO Scott Haralson as executive vice-president following lacklustre Q4
Shortly after reporting a hefty fourth-quarter loss, Spirit Airlines has moved Scott Haralson into the role of executive vice-president and chief financial officer.
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News
Canada Jetlines appoints Rossen Dimitrov to board of directors
Start-up leisure carrier Canada Jetlines has appointed longtime airline executive Rossen Dimitrov to its board of directors.
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News
British Airways fills South African partner gap with Airlink codeshare
British Airways has sealed a codeshare agreement with South African carrier Airlink, helping to fill the void left by the collapse of long-standing franchise partner Comair last summer.
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News
‘Right decision’: AirAsia eyes return of jet operations at Subang airport
AirAsia Aviation has applied to operate up to 10 aircraft at Kuala Lumpur Subang airport, marking an “emotional” return to where it first launched operations, amid government plans to redevelop the airport for jet operations.
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News
AirAsia teases two new Southeast Asia units; eyes lease of 15 new A321neos
AirAsia Aviation has confirmed plans to lease 15 Airbus A321neos – its first major fleet expansion since the start of the Covid-19 pandemic – as the group looks to launch two more units in Southeast Asia.
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News
US DOJ decision on proposed JetBlue-Spirit tie-up expected within a month
Spirit Airlines is expecting a decision from the US Department of Justice (DOJ) on its pending acquisition by rival low-cost airline JetBlue Airways within the next 30 days.
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News
Global airline passenger traffic exceeded two-thirds of pre-Covid levels in 2022
Airline passenger traffic was just over two-thirds of 2019 levels last year, in a 12-month period marked by an initially strong recovery from the Covid-19 pandemic that then plateaued across the last few months of the year.
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News
Spirit Airlines loses $271m in Q4, searches for ‘sustained profitability’
Spirit Airlines is still searching for “sustained profitability” after losing $271 million during the fourth quarter of 2022, compared with a $87 million loss during the same three months of 2021.
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News
FAA approves US cargo operations for GlobalX
US carrier Global Crossing Airlines (GlobalX) has received approval from the Federal Aviation Administration (FAA) to begin cargo operations with its Airbus A321F aircraft.
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News
Global air freight demand dropped below pre-Covid levels in 2022
Demand for air freight dropped below 2019 levels last year, as the sector experienced a comedown from the highs recorded in 2021 but still benefited from strong yields.
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News
Upbeat IndiGo chief welcomes Tata consolidation of Indian airline industry
IndiGo chief executive Pieter Elbers believes Tata Group’s involvement in India’s airline industry is a positive development for all of the country’s carriers, given the maturity it will bring to the market
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News
Pilots seek to block Allegiant-Viva Aerobus joint venture
The union representing Allegiant Air’s pilots has come out against the carrier’s proposed joint business with Mexico’s Viva Aerobus, alleging that it is simply seeking access to cheaper flightcrew.
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Analysis
How airlines are looking to ‘one-percenters’ to decarbonise by degrees
With demands intensifying for aviation to cut its emissions, airlines increasingly are turning to “one percenters”, the quick fixes which deliver immediate results. They are also turning to interim technologies while they wait for bigger breakthroughs.
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News
IndiGo reports profitable end to 2022 as revenue surges
Low-cost carrier IndiGo recorded record revenue during the three months ending 31 December 2022, helping it to its first net profit since the same period in 2021.
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News
Qantas boss Joyce defends ‘strong safety systems’; says service reliability on the up
Qantas CEO Alan Joyce has hailed the airline’s “strong safety systems” in his first public comments following a spate of mechanical issues to hit the airline at the start of the year.
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News
US regional SkyWest loses $47m in final quarter of 2022
In what Skywest Airlines’ chief executive Chip Childs called a “noisy” fourth quarter of 2022, the regional US carrier lost $47 million, compared with a $4 million profit in the same three months of 2021.
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News
Southwest names Lauren Woods as chief information officer to manage IT overhaul
Southwest Airlines has moved company executive Lauren Woods into the role of chief information officer to help manage the airline’s technology upgrades in the aftermath of its system-wide operational meltdown during peak of holiday travel.
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News
Sun Country Airlines 'prudently' grows as it posts $17.7m Q4 profit
Sun Country Airlines was able to “prudently” grow its operations in 2022, achieving a modest profit for both the fourth quarter and the full year.
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News
Turkish Airlines to take ultra-high-density 777-300ERs for IndiGo wet-lease
Turkish Airlines has signalled its intent to operate two ultra-high-density Boeing 777-300ERs as part of a wet-lease deal with codeshare partner IndiGo
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News
Allegiant posts $53m Q4 profit thanks to ‘robust demand’
Allegiant Travel Company, parent of Allegiant Air, rode high demand for leisure travel to a profitable fourth quarter of 2022, capping a year marked by significant operational challenges.