All Strategy news – Page 40
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NewsDelta loses $363m in first quarter as revenue and costs surge
Delta Air Lines swung to a $363 million loss in the first quarter of 2023 amid surging costs and despite generating record-high revenue.
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NewsAmerican expects to report first-quarter revenue of $12.2 billion
American Airlines expects to report $12.2 billion in revenue for the first quarter of 2023 later this month as it flew 9.2% more capacity than during the same period last year.
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OpinionAirlines should prioritise storytelling, not statements, on sustainability
United Airlines is setting a strong example with its latest sustainability campaign, which notably avoids broad-brush statements, writes airline marketing specialist Shashank Nigam
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In depthAirline Business Covid-19 recovery tracker: April 2023 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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NewsMalaysia Airlines exits intra-east Malaysia operations in ‘strategic’ route rejig
Malaysia Airlines is to transfer domestic operations in east Malaysia to its low-cost sister unit Firefly from 16 May, as part of a “strategic route rationalisation” on its domestic network.
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NewsLongtime Air Canada executive Amos Kazzaz to retire
Longtime Air Canada executive Amos Kazzaz will retire as executive vice-president and chief financial officer on 30 June and be succeeded by John Di Bert – a former member of the C-suite teams for Bombardier and Pratt & Whitney Canada.
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NewsAir cargo demand slides again but beats pre-pandemic levels
Air cargo demand slipped again in February but exceeded pre-pandemic levels for the first time in eight months.
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NewsIcelandair signs for 13 A321XLRs as 757 replacement
Icelandair has signed signed a memorandum of understanding to purchase 13 Airbus A321XLR aircraft – the airline’s first ever Airbus order – to replace its fleet of ageing Boeing 757s.
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NewsAir Baltic chief reiterates interest in stretched A220 as options decision looms
Air Baltic would still consider taking a stretched version of the Airbus A220 – widely dubbed the A220-500 – should the variant become available in the right timeframe for its outstanding order options.
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NewsAir India outlines transformation progress under Vihaan.AI plan
Air India has outlined progress so far under its Vihaan.AI business transformation programme, including repairing inflight entertainment (IFE) equipment, and putting its Boeing 787 fleet on a performance improvement plan.
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NewsLufthansa agrees sale of remaining catering business
Lufthansa has agreed to sell its remaining catering business LSG Group to private equity firm Aurelius, a deal it hopes to complete in the third quarter.
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NewsFinnair chief sees some travellers avoiding Russian overflights with Chinese airlines
The chief executive of Finnair has acknowledged that Chinese airlines have an advantage over European carriers in still having access to Russian airspace, but says he does not expect all passenger segments to take up that option.
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NewsSpiceJet hives off its air cargo business
Indian low-cost carrier SpiceJet has finally spun off its SpiceXpress freighter business as it looks to grow the company.
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Interview‘Low cost is still our core’: Scoot chief looks beyond recovery
As low-cost carrier Scoot approaches full recovery, chief executive Leslie Thng says the airline wants to be the region’s leading operator, not the largest
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NewsEurocontrol says pent-up demand ‘vivid’ but full traffic recovery still set for 2025
Eurocontrol has revised slightly upwards its forecast for flight movements in Europe in 2023 and 2024 but continues to predict that 2019 levels will only be reached in 2025.
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AnalysisAirline Business performance tracker: Asia-Pacific Q4 2022
Key data from the most-recent Asia-Pacific earnings period – the fourth quarter of 2022 – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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NewsFour new states join US lawsuit against JetBlue-Spirit deal
Four more US states have joined the federal antitrust lawsuit against JetBlue Airways’ proposed acquisition of competitor Spirit Airlines.
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NewsWestJet pilots plan vote to authorise strike
WestJet Airlines pilots represented by Air Line Pilots Association, International (ALPA) will vote to authorise a strike on 3 April as the union warns of a lockout “that could extend into the summer months”.
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NewsFirst ITA Airways A330neo emerges from Airbus assembly line
ITA Airways’ first Airbus A330-900 emerged from the hangar at the airframer’s final assembly line in Toulouse on 31 March.
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NewsCommercial chief to become new Lufthansa Cargo boss
Lufthansa Cargo’s chief commercial officer will be promoted to chief executive following the departure of Dorothea von Boxberg to Brussels Airlines.