All Strategy news – Page 54
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NewsCathay expects swing to half-year profit
Hong Kong’s Cathay Pacific Group expects to report a net profit of up to HK$4.5 billion ($576 million) for the six months ended 30 June, on the back of strong demand following the easing of pandemic travel restrictions.
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NewsDelta kicks off Q2 airline earnings with record revenue and ‘robust demand’
Delta Air Lines kicked off the second-quarter earnings season by reporting record revenue and delivering a message of optimism that the post-Covid-19 recovery is in full swing and sustainable.
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Airline BusinessEyes on winter outlook with airlines set for record-breaking Q2 earnings
The airline earnings season got under way today as Delta Air Lines announced its financials for the three months to the end of June.
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NewsAir Baltic flags highest-ever first-half revenue
Air Baltic saw its highest-ever first-half revenue this year, according to guidance released on 13 July.
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NewsWalsh calls on politicians to address ‘unacceptable’ ATC issues as traffic peaks
IATA director general Willie Walsh has called on politicians to resolve issues with ATC performance in the USA and Europe, as fears over peak-season travel disruption become reality in some cases.
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Airline Business‘At least five more years’: Capital A’s Fernandes downplays retirement rumours
Capital A chief executive Tony Fernandes will stay on with the group in the near-term, downplaying retirement talk while stressing that a succession plan is in place.
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NewsFernandes to focus on AirAsia and digital push after ending football interest
Capital A chief executive Tony Fernandes has sold his interest in English football club Queens Park Rangers in order to focus on AirAsia and its associated units.
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NewsUS pilot union demands government close charter ‘loophole’ being ‘exploited’ by JSX and SkyWest
Air Line Pilots Association, International continues decrying what it calls a “loophole” of scheduled flights being operated under the guise of Part 135 charter operations.
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NewsUS start-up Connect Airlines' certification work lags as proving flights 'terminated’: DOT
Start-up regional carrier Connect Airlines has been struggling to meet FAA certification requirements and to start operating planned flights from Philadelphia and Chicago to Billy Bishop Toronto City airport, according to US regulators.
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NewsGlobal airline passenger traffic closes to within 4% of pre-Covid levels
Global airline passenger traffic was at 96.1% of 2019 levels in May this year, as the industry neared parity with pre-Covid levels of demand after three years of deficit.
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Airline BusinessAirlines need to prepare for more extreme weather events
It is noteworthy how the recent challenges have been accompanied by a rising tide of studies and reports suggesting that the world will need to brace for more extreme weather events, as a result of global warming.
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NewsIcelandair seals Airbus shift with A321XLR order
Icelandair has firmed its April preliminary commitment for up to 25 Airbus A321XLRs, while separately leasing four A321LRs SMBC Aviation Capital.
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NewsNorwegian to buy compatriot Wideroe
The move comes after the two Norwegian carriers signed a letter of intent in July last year to ”closely co-operate in a number of areas in the future”.
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NewsJetBlue to exit Northeast Alliance after court ruling, in bid to save Spirit merger plans
JetBlue is set to terminate an alliance with American Airlines in the coming months, and will focus instead on a planned $3.8 billion acquisition of Spirit Airlines.
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NewsAmid United Airlines’ operational meltdown, CEO apologises for private jet trip
United Airlines’ chief executive Scott Kirby chartered a private jet earlier this week as the company suffered an operational meltdown that cancelled hundreds of flights, and stranded thousands of passengers.
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NewsUS airlines predict minimal impact as 5G restrictions take effect on 1 July
Even as US airlines work to recover from days of a disrupted operations, another risk looms on the horizon – that posed by new 5G-related aircraft-operating restrictions.
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OpinionUS air-travel system failed this week - after airlines insisted they were ready
Over and over this year, executives at US airlines insisted they were taking steps that would ensure their operations run more smoothly this summer. They spoke far too soon.
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NewsSouthwest Airlines’ pilot union requests release from federal mediation
The pilot union representing Southwest Airlines’ flight deck crew has requested to be released from mediation with the airline for a new contract, six weeks after its members voted in favour of a strike.
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NewsLynx Air pilots seek first collective agreement
Pilots at Canadian ultra-low-cost carrier Lynx Air have sent a notice to the airline’s management requesting to open negotiations on their first collective agreement.
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NewsQantas names new finance and domestic chiefs in management overhaul
Qantas has made several changes to its senior leadership teams as incoming CEO Vanessa Hudson prepares to take helm of the airline group in November.