All Strategy news – Page 9
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NewsAir cargo demand slides again but beats pre-pandemic levels
Air cargo demand slipped again in February but exceeded pre-pandemic levels for the first time in eight months.
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News
Icelandair signs for 13 A321XLRs as 757 replacement
Icelandair has signed signed a memorandum of understanding to purchase 13 Airbus A321XLR aircraft – the airline’s first ever Airbus order – to replace its fleet of ageing Boeing 757s.
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News
Air Baltic chief reiterates interest in stretched A220 as options decision looms
Air Baltic would still consider taking a stretched version of the Airbus A220 – widely dubbed the A220-500 – should the variant become available in the right timeframe for its outstanding order options.
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News
Air India outlines transformation progress under Vihaan.AI plan
Air India has outlined progress so far under its Vihaan.AI business transformation programme, including repairing inflight entertainment (IFE) equipment, and putting its Boeing 787 fleet on a performance improvement plan.
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News
Lufthansa agrees sale of remaining catering business
Lufthansa has agreed to sell its remaining catering business LSG Group to private equity firm Aurelius, a deal it hopes to complete in the third quarter.
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News
Finnair chief sees some travellers avoiding Russian overflights with Chinese airlines
The chief executive of Finnair has acknowledged that Chinese airlines have an advantage over European carriers in still having access to Russian airspace, but says he does not expect all passenger segments to take up that option.
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News
SpiceJet hives off its air cargo business
Indian low-cost carrier SpiceJet has finally spun off its SpiceXpress freighter business as it looks to grow the company.
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Interview
‘Low cost is still our core’: Scoot chief looks beyond recovery
As low-cost carrier Scoot approaches full recovery, chief executive Leslie Thng says the airline wants to be the region’s leading operator, not the largest
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News
Eurocontrol says pent-up demand ‘vivid’ but full traffic recovery still set for 2025
Eurocontrol has revised slightly upwards its forecast for flight movements in Europe in 2023 and 2024 but continues to predict that 2019 levels will only be reached in 2025.
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Analysis
Airline Business performance tracker: Asia-Pacific Q4 2022
Key data from the most-recent Asia-Pacific 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
Four new states join US lawsuit against JetBlue-Spirit deal
Four more US states have joined the federal antitrust lawsuit against JetBlue Airways’ proposed acquisition of competitor Spirit Airlines.
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News
WestJet pilots plan vote to authorise strike
WestJet Airlines pilots represented by Air Line Pilots Association, International (ALPA) will vote to authorise a strike on 3 April as the union warns of a lockout “that could extend into the summer months”.
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News
First ITA Airways A330neo emerges from Airbus assembly line
ITA Airways’ first Airbus A330-900 emerged from the hangar at the airframer’s final assembly line in Toulouse on 31 March.
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News
Commercial chief to become new Lufthansa Cargo boss
Lufthansa Cargo’s chief commercial officer will be promoted to chief executive following the departure of Dorothea von Boxberg to Brussels Airlines.
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News
Colombia’s Ultra Air shuts down
Colombian discount carrier Ultra Air suspended all flights on 29 March, a move following news that the carrier was short of cash.
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News
ITA 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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News
ChatGPT 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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News
European 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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News
Ryanair'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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News
United 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).
