All Strategy news – Page 4
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NewsLoss-making IndiGo calls peak of GTF groundings
IndiGo believes groundings of its Airbus A320neo-family aircraft for inspections of their Pratt & Whitney geared turbofan (GTF) engines is likely to have peaked in the mid-70s during its fiscal second quarter.
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NewsNorwegian growth plans hit as Boeing delivery delays lengthen
Norwegian has cut its forecast capacity growth for 2025 as it recalibrates its plans to absorb the impact of worsening Boeing delivery delays.
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NewsSouthwest’s board overhaul continues with six new directors and Gary Kelly’s ‘accelerated’ retirement
In a settlement with minority stakeholder Elliott Investment Management, Southwest Airlines is appointing six new directors to its board and accelerating the retirement of executive chairman Gary Kelly.
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NewsAmerican salvages third quarter in the face of disruptive events
American Airlines was able to quickly recover from several disruptive events during the third quarter to report marginally higher revenue, expenses and capacity across both its domestic and international networks.
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NewsUS DOT fines American Airlines $50m for violating disabled passengers’ rights
The US Department of Transportation (DOT) has slapped American Airlines with a civil penalty of $50 million for “numerous serious violations of the laws protecting airline passengers with disabilities”.
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NewsMexico’s Volaris reports profit of $37 million during the third quarter
Volaris posted a profit of $37 million as it continued to deal with fallout relating to the Pratt & Whitney engine inspections that have affected its Airbus A320-family fleet.
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NewsAir India to significantly boost SIA codeshare
Air India is to expand its codeshare network with newly-minted shareholder Singapore Airlines, adding more than 40 new domestic and international points from late-October.
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PodcastAirline Business Podcast: Why are airlines talking about aircraft delivery delays again?
The team examines the impact of more bad news on aircraft delivery delays, as Boeing grapples with strike action from machinists
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NewsAir Tahiti Nui names Philippe Marie as new chief executive
Air Tahiti Nui has appointed Philippe Marie, the airline’s former secretary-general, as its new chief executive.
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NewsAirAsia acquisition clears important hurdle with shareholder approvals
AirAsia X shareholders have backed the carrier’s acquisition of sister operator AirAsia, paving for the way for the deal to be completed by the end of the year.
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NewsUS DOT slaps Lufthansa with $4m fine for discriminating against Jewish travellers
The US Department of Transportation (DOT) has fined Lufthansa $4 million for discriminating against passengers, the largest such penalty ever against an airline for civil rights violations.
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NewsUnited's third quarter boosted by industry's capacity 'inflection point'
United Airlines’ profitable third quarter was boosted by an “inflection point” in the US airline industry, which saw a widespread shedding of domestic passenger capacity as some carriers cut routes.
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NewsSouthwest calls Elliott’s request for shareholder meeting ‘unnecessary and inappropriate’
The war of words between Southwest Airlines and its minority shareholder Elliott Investment Management continues as the airline refutes Elliott’s request to hold a special shareholder meeting later this year.
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NewsElliott formally requests Southwest Airlines special shareholder meeting
Southwest Airlines’ minority investor Elliott Investment Management has requested a special shareholder meting to be held in early December, in its fight to oust chief executive Bob Jordan and much of the company’s board of directors.
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NewsAir Astana to modify all its A321LRs with extra fuel tank
Air Astana intends to modify its entire fleet of 11 Airbus A321LRs with additional fuel tanks, following the successful launch of non-stop flights to London Heathrow from Almaty.
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NewsUS presidential election drags on Delta’s otherwise positive-looking fourth quarter
Delta Air Lines’ bookings are tracking “off trend” immediately before and after the US presidential election on 5 November, which is expected to moderately impact the carrier’s fourth-quarter revenue.
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NewsPilot union and Air Canada end labour dispute with four-year contract
Air Canada’s pilots have ratified a new four-year employment contract with the Montreal-based airline, ending a lengthy dispute that last month involved threats of a strike.
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NewsDelta takes profits hit from July tech outage but upbeat on rest of year
Delta Air Lines kicked off the third-quarter earnings season by expressing optimism for the rest of the year, even after reporting lower adjusted net profit following a technology outage in July.
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NewsSpiceJet adds more aircraft as fundraising wraps up
SpiceJet is to lease seven more aircraft and reactivate another three by the end of November, as it wraps up a round of fundraising amid ongoing regulatory and legal woes.
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NewsCebu Pacific buys regional carrier AirSWIFT in Ps1.75 billion deal
Cebu Pacific has acquired regional compatriot AirSWIFT in a deal worth Ps1.75 billion ($30.8 million).