All Strategy news – Page 38
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Airline BusinessRevenues power airlines above 2019 benchmark despite lagging traffic and capacity
The latest Airline Business Index shows the second quarter of this year was marked by soaring revenue and a jump in passenger numbers, as the industry exceeded the 2019 benchmark index score for the first time since the pandemic.
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Airline BusinessAirline Business performance tracker: Asia-Pacific Q2 2023
Key data from the most-recent Asia-Pacific earnings period – the April-June 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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Airline BusinessStart-ups seek chance to find a niche in the market, despite challenges
The past couple of weeks have given ample reminder of both the opportunities and challenges when trying to enter the airline business. That is perhaps best illustrated by the faltering efforts to revive former UK leisure carrier Monarch Airlines. In mid-August a new iteration of the carrier emerged via a ...
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Airline BusinessAirline Business performance tracker: Europe Q2 2023
Key data from the most-recent European earnings period – the April-June 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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NewsAllegiant decries DOT decision as favouring ‘oligopolistic’ carriers over discounters
Allegiant Air is railing against the US government’s decision to suspend review of the airline’s proposed joint venture with Mexican ultra-low-cost carrier (ULCC) Viva Aerobus.
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NewsBermudair delays service start due to Hurricane Franklin
Bermudair has delayed its inaugural flights to the USA due to severe weather and now plans to launch 1 September.
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NewsMonarch revival in doubt as funding runs out
An effort to revive UK leisure carrier Monarch Airlines has stalled, barely two weeks since its relaunch was announced.
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NewsRevenue jump helps privatisation target TAP swing to first-half profit
Privatisation target TAP Air Portugal turned a net profit of €22.9 million ($24.9 million) in the first half of the year, a marked improvement on losses at the same stage of 2022.
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NewsRex says pandemic’s ‘legacy effects’ to blame for full-year losses
Australia’s Regional Express (Rex) remained in the red in its full-year earnings, as it laid the blame on the “legacy effects” of the Covid-19.
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Airline BusinessBorn during the pandemic, Taiwan’s Starlux now makes up for lost time
Few airlines share their launch date with known global events – let alone a pandemic. For Taiwan’s Starlux Airlines, it is now making up for lost time, aiming to reap the benefits of its transit-centric business model.
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News‘Confident’ AirAsia Aviation targets network recovery by year-end amid Q2 profits
AirAsia Aviation Group targets to fully recover its network by the end of this year on the back of strong leisure travel demand, which it expects to peak in the coming months.
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NewsUnion accuses Air Canada, Jazz of not honouring ‘pilot flow’ agreements
The union representing Jazz Aviation pilots has accused the Canadian regional airline – along with mainline partner Air Canada – of engaging in unfair labour practices during recent contract negotiations.
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NewsJetBlue seeks ‘serious sanctions’ following redaction error in Spirit-merger lawsuit
JetBlue Airways continues fiercely pushing back against claims that it intends to hike prices by up to 40% on Spirit Airlines’ aircraft after its proposed acquisition of the rival carrier is finalised.
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NewsAirAsia X marks a year of profitability, eyes China’s ‘massive potential’
AirAsia X expects a three-fold jump in flights to China by the end of the year, amid optimism of the market’s “massive potential”, and as the carrier posts its fourth consecutive quarterly profit.
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NewsUS DOT fines American Airlines $4.1m for tarmac delay violations
The US Department of Transportation (DOT) has fined American Airlines $4.1 million for violations associated with lengthy tarmac delays, the largest civil fine ever issued for these kinds of transgressions.
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NewsJetBlue pushes back on reports that it plans to hike fares 40% after acquiring Spirit
JetBlue Airways is pushing back on media reports that it plans to raise fares after completing its proposed $3.8 billion acquisition of Spirit Airlines.
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Airline BusinessIs Ryanair right about competition in Germany’s airline market?
Although Ryanair and its chief executive Michael O’Leary have a long history of criticising Lufthansa’s market dominance, the Irish carrier’s latest complaints regarding German airport fees highlight some noteworthy market dynamics in the country at this stage of the Covid-19 recovery.
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NewsCourt filing reveals JetBlue plan to hike fares after acquiring Spirit: report
A failure to properly redact sections of court documents has seemingly revealed JetBlue Airways’ plans to hike fares as high as 40% on Spirit Airlines aircraft following its proposed acquisition of the ultra-low-cost carrier.
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NewsNorwegian having ‘one of the best summers ever’ as bookings stay strong
Norwegian is seeing no slowdown in the strong bookings trends it has experienced so far this summer, with its profitable second-quarter performance expected to extend into the current three-month period.
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NewsNorwegian evaluating 737 Max 10 after receiving ‘new information’ on range
Norwegian is “seriously evaluating” converting some of its Boeing options into a 737 Max 10 order, with the variant potentially suitable for destinations such as the Canary Islands and an unannounced new base.