All Strategy news – Page 41
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NewsItaly and Lufthansa formally notify Commission over ITA deal
Lufthansa Group and the Italian government have formally notified the European Commission over a deal for the German carrier to take a minority stake in ITA Airways.
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Airline BusinessAirline industry looks ahead to another year of capped capacity
For an industry historically known for its tendency towards overcapacity and therefore frequently low-margin operations, the airline sector is uncharacteristically about it enter its sixth year of not being able to fly as much as it would like.
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NewsAirAsia Aviation eyes profitable 2023, helped by ‘lessening competition’ and strong demand
AirAsia Aviation Group expects to report a profitable 2023, as travel demand continues to hold strong through the year-end, and as it reaps the benefits of “lessening competition”.
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Airline BusinessAir Transat and Porter Airlines plan to take on Canada’s top airlines together
With plans to become more closely intertwined, Canadian carriers Air Transat and Porter Airlines are offering a “strong third option” to Air Canada and WestJet.
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News‘We’ve done everything required’: Connect Airlines chief blasts US regulators over certification delays
US start-up carrier Connect Airlines is pushing back against aviation regulators for allegedly stifling its ambitions of launching flights between Canada and the USA and decarbonising regional air travel with hydrogen propulsion technology.
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PodcastAirline Business Podcast: Widebody wins in Dubai and air cargo's turbulent descent
In the latest instalment of the Airline Business Podcast – sponsored by Panasonic Avionics – Graham and Lewis discuss the aircraft orders placed at this year’s Dubai air show and what they might mean for capacity growth in the region, particularly when it comes to widebody jets.
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NewsResumption of US-China flights a headwind for Cathay long-haul recovery: HSBC
HSBC warns that the resumption of direct flights between Mainland China and the USA could impact Cathay Pacific’s long-haul traffic, even as the Hong Kong-based carrier rebounds to a strong recovery this year.
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NewsAvianca CEO Neuhauser takes new job as CEO of parent Abra Group
Avianca chief executive Adrian Neuhauser will take the helm of Abra Group, which owns Avianca and Brazil’s Gol, in January, while remaining executive vice-chairman of the Colombian carrier’s board of directors.
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NewsAir Transat and Porter plan closer collaboration through joint venture
Canadian operators Air Transat and Porter Airlines have agreed to coordinate flight schedules and routes under a new joint venture aimed at helping both carriers expand.
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NewsBooking patterns recovering after Middle East impact: EasyJet
EasyJet is reporting a similar upturn after a six-week hit on demand for bookings from the impact of the Israel-Palestine conflict as it saw following Russia’s invasion of Ukraine last year.
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NewsVirgin Atlantic uses 100% SAF flight to highlight need for production ramp-up
Virgin Atlantic has highlighted the pressing need for investment in sustainable aviation fuel (SAF) production, as one of its Boeing 787s took off on what it describes as the world’s first transatlantic widebody flight to be fuelled by 100% SAF.
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NewsEasyJet sees Gaza conflict limiting progress in cutting Q1 losses, but projects positive year ahead
EasyJet says the impact on travel demand from conflict in the Middle East means it does not expect to improve on first-quarter losses covering the three months ending December 2023, but is projecting a “positive outlook” for its full financial year.
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NewsAtlas Air Worldwide appoints Artem Gonopolskiy chief financial officer
Atlas Air Wordwide’s board of directors has named Artem Gonopolskiy as the company’s permanent chief financial officer, after he had filled the role for several months on an interim basis.
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Airline BusinessSkyTeam chief sees value of alliances back in vogue
SkyTeam chief executive Patrick Roux believes alliances are proving their worth to members, providing ways to accelerate co-operation among partner carriers and to develop seamless travel options for customers.
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NewsSouth Korea’s T’way eyes fleet growth in 2024 amid swing to profit
T’way Air expects to further grow its fleet in 2024 – including adding more widebodies – as its operations surpass pre-pandemic levels.
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Airline BusinessSunExpress chief on how carrier is stepping up in scale with new Max 10 order
SunExpress’ introduction of larger Boeing 737-10s as part of its new long-term follow-on order for Max jets underlines chief executive Max Kownatzki’s confidence the leisure carrier can continue to ride the Turkish boom which has seen it perform so strongly since the Covid pandemic.
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NewsTurkish Airlines unveils AJet brand for low-cost carrier AnadoluJet
Turkish Airlines has today unveiled new branding for to-be-spun-out low-cost carrier AnadoluJet, which will operate under the AJet Air Transportation name from next summer.
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Airline BusinessWhy stakeholders reject assumption hydrogen power will push up air fares
There is a broad assumption in the airline sector that ticket prices are likely to rise as the industry makes its net-zero transition, but some speakers at the Airlines 2023 conference pushed back against that assumption when it comes to hydrogen-powered aircraft.
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NewsCathay expects first annual profit since 2019 as full recovery nears
Cathay Pacific expects to report a full-year profit – its first since 2019 – as it moves closer to full recovery in its passenger travel business.
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NewsJet2 converts options on 12 more A320neo-family jets as profits run continues
UK leisure carrier Jet2 has converted options on 12 more Airbus A320neo-family jets to take its firm orders for the type to 110.