All Strategy news – Page 43
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News
China 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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Podcast
Airline 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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Airline Business
Aerospace 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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News
Kenya 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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News
Engine 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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News
GlobalX 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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Airline Business
Indian 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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Airline Business
Airline 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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News
Lufthansa 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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Airline Business
Airline 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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News
Brussels 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.
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News
JetSmart 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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News
Colombia 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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News
Lufthansa 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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News
Carbon 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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Airline Business
Significant 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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News
JetBlue 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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News
Court 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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News
Frontier 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.