All Strategy news – Page 98
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NewsShell partners with Accenture and AMEX GBT on SAF ‘book-and-claim’ initiative
Three airlines including Cathay Pacific have signed up to trial a new blockchain-powered ‘book and claim’ sustainable aviation fuel initiative launched by Shell, Accenture, and American Express Global Business Travel aimed at boosting corporate demand.
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NewsQantas forecasts full international recovery by mid-2023
Qantas anticipates international capacity will return to pre-pandemic levels around the middle of 2023, amid “strong robust demand” as borders reopen.
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Airline BusinessWalsh sees airline industry capable of recovering financial strength
IATA director general Willie Walsh expects that despite continued Covid headwinds, as well as fresh operational and cost pressures, leaders assemble in Doha for the association’s AGM ready to look beyond the pandemic
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Airline BusinessAirline CEO changes in 2022 dominated by appointment of women and upheaval in India
The global airline executives gathering in Doha for this year’s IATA AGM will reflect recent trends including better gender diversity among incumbents and big changes at Indian carriers
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NewsGatwick airport caps summer flights amid operational woes
Gatwick airport will cap the number of flights operated from the facility in July and August, as it attempts to overcome the operational challenges that have dogged the air travel recovery in markets including the UK’s.
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Airline BusinessHow SAF, offsetting and tackling plastics are key to progressing IATA’s sustainability vision
While securing a resolution that committed airlines globally to achieving carbon neutrality by 2050 at last year’s AGM underpins the industry’s decarbonisation efforts, it marked only a first step in translating ambition to reality. “After the political statement, the pathway started,” explains Sebastian Mikosz, vice-president of environment and sustainability at ...
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Airline BusinessIATA chief economist on the changing factors impacting airline profit hopes
Conventional wisdom would suggest that surging fuel costs, combined with a slowing in global GDP growth and the inflationary squeeze on household incomes could only mean one thing for airline fortunes. Yet after two pandemic years in which international flying, if possible at all, has been cumbersome and at the ...
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NewsAsiana to return A380 to service as international travel demand picks up
Asiana Airlines will resume operating its Airbus A380s from late-June, to ease a shortage of seats amid an “explosive” increase in travel demand as borders reopen.
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Airline BusinessMalaysia Aviation sustainability chief talks SAF opportunities in road to net-zero
Malaysia Airlines will adopt a “wait and see approach” to emerging sustainable technologies in aviation – including electric vertical take-off and landing (eVTOL) and hydrogen-powered aircraft – as it focuses on near-term initiatives such as sustainable fuels.
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News‘We can’t wait for China’: As Mainland stays shut, airline chiefs eye India
While China’s closed international borders will impact recovery efforts, an airline leadership panel believes there are opportunities for growth and recovery elsewhere, including in India, which they tout as a market “everyone should watch” in the near term.
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Airline BusinessAirline Business Covid-19 recovery tracker: June 2022 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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NewsJudge dismisses American-JetBlue request to dismiss suit, trial set for November
A US federal judge has sided with the Department of Justice (DOJ) by striking down a request by American Airlines and JetBlue Airways to dismiss a lawsuit against them.
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Airline BusinessHow pandemic is impacting airline partnerships thinking
While traditional-style merger and acquisition activity such as the pursuit of ultra-low-cost carrier Spirit Airlines in the USA continues to dominate, there are signs of operators taking fresh approaches to securing investors and partners
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NewsHow Connect Airlines intends to carve a niche in the US airline market
US start-up Connect Airlines is banking on the efficiency of turboprops and an independent business model to help it carve a niche in the US air travel market.
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Airline BusinessCan airline travel disruption be resolved this summer?
The operational issues being seen in several markets are threatening to define the sector’s emergence from Covid-19 in some regions – potentially beyond the short term.
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NewsTransat recovers fiscal Q2 revenue, sees further improvement this summer
Transat AT, parent of Canadian holiday specialist Air Transat, reports stronger fiscal-year second quarter results and is expecting summer travel to return to near-normal levels.
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NewsComair on the brink after failing to secure fresh funding
Grounded South African operator Comair is set to be liquidated as the carrier’s administrators have concluded there is “no reasonable prospect” it can be rescued after failing to secure the necessary additional funding.
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PodcastAirline Business Podcast: Disruption blame game and sustainability action plans
Graham and Lewis consider the blame game that is emerging as airlines and the wider air travel sector grapple with operational challenges.
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NewsSpirit delays shareholder vote on Frontier acquisition
In the latest twist in the drama around Frontier Airlines’ proposed acquisition of ultra-low-cost carrier Spirit Airlines, Spirit has delayed a key shareholder vote that had been scheduled for later this week.
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NewsJetBlue sweetens offer to purchase Spirit
JetBlue Airways has sweetened its offer to purchase Spirit Airlines by agreeing to pay a $350 million fee if regulators torpedo the deal due to anti-trust reasons.