All Strategy news – Page 56
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NewsUnited spars with FAA as carriers face New York operational meltdowns
Major US airlines are suffering operational meltdowns in New York City, cancelling hundreds of flights in recent days and prompting a spat between United Airlines and the Federal Aviation Administration.
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NewsQantas ‘on track’ for record profit targets as peak travel season looms
Qantas says it remains “on track to deliver” a record profit for the year ending 30 June, as it expects a bumper holiday travel season in July.
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NewsRex blames ‘supply chain shocks’ in surprise loss forecast
Australia’s Regional Express expects to post an annual loss, in a sobering about-face from its optimism of returning to profitability earlier this year, as it blames supply chain “shocks” as well as a decline in business travel demand.
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Airline BusinessNew airline alliance leaders aim to deliver better customer experience
The senior management doors are revolving as the three global alliances focus on knitting together the customer experience for a largely established set of members
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Airline BusinessGrand statement from India’s airlines at Paris air show
This week’s Paris air show saw the Indian airline market take more steps towards the much-desired maturity that will enable its carriers to capitalise on the country’s growth potential, as they dominated proceedings with firm orders for more than 1,000 jets.
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Airline BusinessKao Shing-Hwang aims to boost resilience at China Airlines
A former flight attendant and then pilot at China Airlines, Kao Shing-Hwang is now focused on building up the Taiwanese carrier’s financial health as president
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NewsFedEx to ground more aircraft as profits come under pressure
Freight giant FedEx will ground more aircraft after both revenues and operating income declined during its fiscal fourth quarter due to “demand weakness and cost inflation”.
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Airline BusinessPorter Airlines chief Michael Deluce hails North American expansion with E195-E2s
Under the leadership of Michael Deluce, the Canadian regional carrier is in the early stages of its grandest-ever expansion, thanks to the arrival of its new Embraer jets
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Airline BusinessConfident industry aims to prove airport operational woes were last year’s story
The most frequently used word at IATA’s Ground Handling Council meeting in Abu Dhabi in mid-May was ‘confident’. It was a common message from airlines, airports and ground service providers alike as they predict that this year there will not be a repeat of the often-catastrophic operational delays seen at some airports in summer 2022.
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NewsAvolon satisfied with healthy order backlog
“Without question, the order book is exactly where we want it to be for the next three years,” says Andy Cronin, chief executive of global lessor Avolon, announcing the signing of a memorandum of understanding to order 20 Airbus A330neos at Paris air show on 21 June.
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NewsEmbraer eyes freighter conversion line in China as it reveals E-Jet P2F deal
Embraer signed a letter of agreement with Lanzhou Aviation Industry Development Group for 20 E-Jet passenger-to-freighter (P2F) conversions at the Paris air show on 21 June, in a deal that could see it establish a conversion facility in China.
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NewsAzul orders three more ATR 72-600s
Brazilian carrier Azul will take three more ATR 72-600 turboprops under a firm order announced at the Paris air show on 20 June.
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NewsLuxair becomes European launch customer for Boeing 737 Max 7
Luxembourg’s flag-carrier Luxair ordered four Boeing 737 Max 7 twinjets at the Paris air show on 21 June, becoming the European launch customer for the variant.
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NewsAirAsia’s Fernandes teases large aircraft order, eyes more widebodies
The AirAsia group of airlines “will definitely” be placing a large order for aircraft over “the next two years”, although it will not be adding to the flurry of order announcements at this year’s Paris air show.
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NewsInvestors line up for United Airlines-run SAF fund
United Airlines Ventures (UAV) is in “active discussions” with airlines, lessors and major oil companies to join the Sustainable Flight Fund, a venture capital fund launched and managed by United in February aimed at supporting start-up firms with technology to increase the production of sustainable aviation fuels (SAF).
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NewsPhilippine Airlines firms order for nine A350-1000s
Philippine Airlines firmed an order for nine Airbus A350-1000s at the Paris air show on 20 June.
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NewsJet2 sticks with Leap engines for A320neo follow-on order
UK leisure carrier Jet2 has chosen CFM International Leap-1A engines to power more of its incoming Airbus A320neo-family jets. The latest commitment – unveiled at Paris air show on 19 June – covers the 35 firm orders and 36 options that Jet2 announced in October last year. Source: ...
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Airline BusinessBringing clarity to airline sustainability effort also highlights fault-lines
Discussions at the recent IATA AGM reflected the industry’s progression to a new phase in its sustainability journey, where theory firmly gives way to action.
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Airline BusinessKLM chief on Schiphol, sustainability, group dynamics, pilots and Airbus switch
Marjan Rintel says the Dutch flag carrier is back on its feet after the Covid-19 crisis – but that ‘normality’ has also delivered fresh challenges
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NewsAir Baltic to open winter base in Gran Canaria
Air Baltic will open a seasonal base at Las Palmas in Gran Canaria for the upcoming winter season, as it looks to expand its footprint beyond its traditional bases.