All Strategy news
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NewsVolaris squeezes out $33m first-quarter profit despite capacity cut due to GTF groundings
Mexican ultra-low-cost carrier Volaris has disclosed a first-quarter profit of $33 million – its first since 2019 – as the company kept a sharp eye on costs and despite the hit to capacity caused by the enforced grounding of Pratt & Whitney geared turbofan (GTF)-powered aircraft.
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NewsJetBlue continues C-suite overhaul with Daniel Shurz leading revenue and network planning
US carrier JetBlue Airways continues building a new management team under the helm of recently installed chief executive Joanna Geraghty.
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NewsAir New Zealand cuts profit forecast again, citing stiff competition and weak demand
Air New Zealand trimmed its full-year earnings forecast for a second time, as it flags increased competition on its North American network and softening domestic travel demand.
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NewsAlaska lost $132 million in Q1 amid 737 Max 9 grounding
The financial impact of grounding its 65 Boeing 737 Max 9s in January pushed Alaska Air Group to a $132 million loss in the first quarter of 2024.
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NewsEasyJet narrows first-half losses
UK low-cost carrier EasyJet expects to post a pre-tax headline loss of between £340-360 million ($423-448 million) for the six months ended March 2024.
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NewsConsumers sue to block Alaska’s proposed acquisition of Hawaiian
A group of US consumers have filed a lawsuit in a federal district court to block on anticompetitive grounds Alaska Airlines’ proposed $1.9 billion acquisition of rival West Coast carrier Hawaiian Airlines.
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InterviewAvelo doubles down on core strategies three years after launching as start-up
Three years have passed since US start-up Avelo Airlines first took off from Burbank, California with an aggressive plan to carve a niche among established ultra-low-cost carriers (ULCCs).
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AnalysisSpirit Airlines on track for greater Q1 loss than expected
US discounter Spirit Airlines is bracing for a greater first-quarter loss than previously anticipated due to how it is accounting for $150-$200 million in compensation from Pratt & Whitney (P&W) for its grounded Airbus A320neo-family aircraft.
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AnalysisDelta’s Bastian upbeat on demand amid ‘most-constructive backdrop of my career’
Delta Air Lines chief executive Ed Bastian painted a positive demand picture after reiterating the airline’s full-year guidance today, describing the environment as “maybe the most-constructive backdrop” during his career.
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NewsBreeze turns first full-month profit in March amid shift to all-A220 fleet
Fast-growing US start-up Breeze Airways turned its first full-month operating profit in March, reflecting rapid revenue gains amid quick expansion.
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NewsDelta posts profitable start to the year
Delta Air Lines posted a profit over the opening three months of the year on a non-adjusted basis for the first time since the pandemic.
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NewsCanadian charter carrier Nolinor bumps 737 captain pay by 25-40%
The starting salary for a 737 captain at Nolinor is now C$175,000 ($129,000), with potential increases to a salary beyond C$250,000.
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NewsGovernment launches Pakistan International Airlines privatisation tender
Pakistan has formally launched the tender for a majority stake in its national carrier, seeking expressions of interest from potential bidders by 3 May.
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AnalysisTurkish Airlines sees growth sustaining with long-haul, cargo and AJet
While inflationary, geopolitical and aircraft availability issues continue to cloud the horizon, Turkish Airlines is still aiming to increase passenger capacity by 10% this year.
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NewsBoeing pays Alaska Airlines $160m for 737 Max 9 grounding
Boeing paid Alaska Air Group $160 million in the first quarter as compensation for the 737 Max 9 grounding that followed the rapid de-pressurisation of Alaska Airlines flight 1282.
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NewsletterWhy Brazil’s airlines are welcoming ‘great dialogue’ with government
Brazil’s airlines are continuing to navigate tough market conditions, but there are signs that the government is listening to their concerns and may be about to offer at least $1.2 billion in new credit lines amid rising capital costs in the country.
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AnalysisIATA global airline traffic leaps above 2019 for first time during longer February
Global airline traffic among the IATA membership in February exceeded pre-Covid levels for the first time since the pandemic, aided by the leap year adding an extra day to the month.
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NewsGaruda reveals domestic focus as it eyes ‘small wins’ following profitable 2023
Garuda Indonesia will focus on its domestic operations – and be “selective” on international expansion – as it continues to grow its fleet this year.
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NewsWestJet Encore pilots threaten strike that could disrupt regional flights
The union representing WestJet Encore pilots has voted to authorise a strike that could potentially disrupt the Canadian regional airline’s passenger flights later this month.
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NewsMalaysian regulator says aircraft shortage ‘pressing issue’ as full recovery looms
The Malaysian Aviation Commission (MAVCOM) has identified aircraft delivery delays as a “pressing issue” for the country’s airline sector, as passenger traffic moves closer to a full post-pandemic recovery this year.