All Strategy news – Page 41
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NewsITA Airways board backs business plan
ITA Airways appears to have taken a further step towards securing a deal with would-be investor Lufthansa after the Italian carrier’s board approved a business plan “shared” with the German airline group.
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NewsChatGPT already offering ‘immediate-term business benefits’ for airlines
The leaders of Air Baltic and Finnair have joined other industry chief executives in talking up ChatGPT’s potential to positively impact their businesses across a range of functions.
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NewsEuropean SAF development ‘put back a decade’ by US IRA measures
Aviation stakeholders have urged the European Commission to consider improving its sustainable aviation fuel (SAF) incentives in light of the measures included US Inflation Reduction Act, which one airline chief executive described as a global “game-changer”.
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NewsRyanair's O'Leary rounds on regulators for failing to act on ATC strikes
Ryanair chief executive Michael O’Leary fears improved service reliability this summer from higher staffing levels across the airport ecosystem could be offset by the impact of air traffic control strikes and continued airspace restrictions because of the war in Ukraine.
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NewsUnited Airlines invests $15m in carbon-capture company Svante
United Airlines is investing $15 million in carbon-capture technology firm Svante, which is researching how to convert carbon dioxide removed from the atmosphere into sustainable aviation fuel (SAF).
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NewsLufthansa CEO positive on ITA deal but says price must reflect €486 million loss
Lufthansa Group chief executive Carsten Spohr is confident a deal can be reached on taking an ITA Airways stake before an exclusivity period ends, but says the latter’s valuation must reflect its newly announced full-year loss.
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NewsUSA has ‘thrown down the gauntlet’ on SAF investment: European airline chiefs
The USA has “thrown down the gauntlet” when it comes to investments in sustainable aviation fuel (SAF) and Europe must act in kind, according to the chief executives of Europe’s largest airlines.
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News‘Time for excuses is over’ on European airspace reform: airline chiefs
The chief executives of Europe’s largest airlines have renewed calls for Europe’s airspace to be reformed, including through a new approach to financing air traffic management (ATM) services.
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NewsChina Southern to list logistics unit
China Southern Airlines is set to spin off and list its logistics arm on the Shanghai stock exchange, as part of “business development” efforts amid dire financial results.
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News‘Unprecedented headwinds’ keep Cebu Pacific in red
Cebu Pacific remained loss-making in 2022, as the impact from “unprecedented” economic challenges outweighed recovery passenger revenue recovery during the year.
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PodcastAirline Business Podcast: Consolidation challenges, Riyadh Air, C-suite diversity
Graham and Lewis talk through the growing list of consolidation moves within the global industry, discussing why deals take such a long time to get over the line.
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AnalysisAerospace supply-chain troubles force US airlines to back off fleet growth
Aircraft delivery delays mean airlines in the USA and elsewhere have been forced to adjust their fleet plans into the medium term, even as demand recovers after the Covid downturn
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NewsKenya Airways stays in the red despite 2022 revenue jump
Kenya Airways remained loss-making in 2022 as foreign exchange headwinds hit the carrier’s performance, countering a jump in revenues to within 5% of pre-pandemic levels.
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NewsEngine MRO delays prompt Air Baltic to wet-lease four more aircraft
Air Baltic will take an additional four aircraft on short-term wet-lease to offset engine maintenance delays relating to its fleet of Airbus A220-300 jets.
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NewsGlobalX to operate nine weekly passenger flights from Miami to Cuba
US charter carrier Global Crossing Airlines (GlobalX) has signed a long-term agreement with tour operator Cubamax Travel for nine weekly passenger flights to two Cuban cities – Havana and Santa Clara.
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NewsletterIndian airlines seek stronger footholds as boom beckons
More evidence emerged this week of India’s airline market being a hotbed of activity, as a host of executives spoke at an industry event.
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AnalysisAirline Business performance tracker: Europe Q4 2022
Key data from the most-recent European 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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NewsLufthansa Cargo chief to become next head of Brussels Airlines
Lufthansa Cargo chief Dorothea von Boxberg will become the new chief executive of Brussels Airlines, following the recent departure of Peter Gerber.
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AnalysisAirline Business performance tracker: Americas Q4 2022
Key data from the most-recent Americas 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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NewsBrussels Airlines boosts summer capacity through CityJet wet-lease deal
Brussels Airlines will operate 10% more European flights this summer than last, after signing an agreement to wet-lease two Bombardier CRJ900s from CityJet and taking delivery of two additional Airbus A320s.