All Strategy news – Page 42
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NewsJetSmart scraps planned acquisition of Colombia’s Ultra Air
Just six days after signing a letter of understanding to acquire Colombia’s Ultra Air, Chilean low-cost carrier JetSmart has abandoned its plans.
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NewsColombia approves Avianca’s planned Viva acquisition, with conditions
Colombia’s civil aviation regulator Aerocivil has approved a planned acquisition by flag carrier Avianca of financially strapped Viva Air, but has subjected the deal to several conditions.
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NewsLufthansa picks Boston as first destination for A380 return
Lufthansa will resume Airbus A380 operations on 1 June with daily flights from Munich to Boston, marking the return of an aircraft type that once looked unlikely to fly for the carrier again.
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NewsCarbon removal ‘a necessity’ for aviation to reach net-zero emissions: IPCC report
Aviation’s status as a ‘hard to abate’ sector when it comes to greenhouse gas emissions was laid bare in the latest report from the Intergovernmental Panel on Climate Change
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AnalysisSignificant rise in women leading airlines offsets falls elsewhere in C-suite
A significant rise in the number of women leading airlines at the end of 2022 was undermined by falls in female representation elsewhere in the C-suite, according to FlightGlobal’s latest survey.
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NewsJetBlue secures ‘commercially questionable’ slots in Amsterdam
JetBlue Airways has secured “commercially questionable slot times” at Amsterdam’s Schiphol airport weeks after filing a complaint about the government of the Netherlands’ repeated rejections of its slot requests.
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NewsCourt trial set for October in US case against JetBlue-Spirit deal
A US judge set an 16 October trial date for the federal government’s antitrust case against JetBlue Airways’ proposed acquisition of ultra-low-cost carrier Spirit Airlines.
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NewsFrontier plans to step up flights from Atlanta this summer
Frontier Airlines is planning a seasonal expansion of its Atlanta operations, which will become the ultra-low-cost carrier’s third largest operation by this summer.
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NewsTAP Portugal returns to net profit for first time since 2017
Privatisation-target TAP Portugal returned to the black last year after posting a net profit of €65.6 million ($70.3 million) for 2022.
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InterviewCarsten Spohr on how Lufthansa is back on the front foot
If the impact of the pandemic continues to be felt by both its airlines and the wider industry this year, new product investments and acquisition moves underline Lufthansa Group chief executive Carsten Spohr’s determination that this should not prevent it from regaining the initiative.
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News‘We just refuse to die’: SpiceJet chief talks restructuring, fleet growth
India’s SpiceJet is to “significantly” restructure its balance sheet in the coming months, raise fresh equity, and embark on an “aggressive push” to grow its fleet.
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News‘Jet Airways 2.0’ to have new business model, ‘not a copy-paste’: CEO
The relaunch of India’s Jet Airways, which has faced legal hurdles in recent months, is still in progress, and will see the airline take a “new approach” to its business model.
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NewsWestJet to launch 737 freighter flights on 22 April
Canadian carrier WestJet intends to begin flying Boeing 737-800 cargi aircraft next month after having received the required regulatory approvals.
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NewsAkasa Air confirms international foray, ‘much larger’ aircraft order by year-end
Indian low-cost carrier Akasa Air plans to launch international flights by the end of the year, around 18 months after it started operations in 2022.
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NewsInvestment group completes Atlas Air acquisition
An investment group led by Apollo Global Management has completed its acquisition of US cargo and charter airline Atlas Air Worldwide Holdings, closing a deal announced last August.
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NewsJetSmart moves to purchase Colombian domestic carrier Ultra Air
Chilean ultra-low-cost carrier JetSmart has signed a memorandum of understanding to purchase Colombian domestic carrier Ultra Air.
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NewsletterPassenger demand steps up in encouraging start to 2023
Global demand for passenger travel has undoubtedly stepped up in the early months of 2023, as the recovery from Covid-19 continues.
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NewsPhilippine Airlines eyes more widebodies, expects profitable year
Philippine Airlines (PAL) expects to firm up a potential order for more widebody aircraft in the coming months, as the airline eyes a profitable year amid strong travel demand.
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NewsAir Canada pilots’ union to vote on combining with ALPA
The union representing more than 4,500 Air Canada pilots has reached an agreement in principal that would allow a combination with the much larger labour group, Air Line Pilots Association, International (ALPA).
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NewsAir France-KLM repays last of French Covid-19 state aid
Air France-KLM has today repaid the remaining €2.5 billion ($2.7 billion) from the €4 billion French state-backed loan it was granted during the Covid-19 crisis.