All Strategy news – Page 12
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Interview‘We went into this with eyes wide open’: Hawaiian CEO on acquisition by Alaska
As the dust settles on arguably the biggest surprise announcement of the year for US commercial aviation, Hawaiian Airlines’ chief executive Peter Ingram says there is probably no better match for Hawaiian than Alaska Airlines.
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NewsIATA raises 2023 profit expectations for airlines to $23bn and sees small rise for 2024
IATA expects the airline industry to post a collective net profit of $23.3 billion for 2023, more than doubling its expectations from six months ago.
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NewsHawaiian and Alaska agree to break-up fees if planned tie-up falls through
Hawaiian Airlines and Alaska Airlines have released more information about their potential merger, including reciprocal break-up fees in the case of non-consummation of the proposed transaction.
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NewsAlaska acquisition of Hawaiian is ‘pro-consumer, pro-competitive’: Minicucci
Alaska Airlines chief executive Ben Minicucci says that the planned acquistion of Hawaiian Airlines will benefit not only the companies, but also employees and consumers, and it was the right opportunity for the Seattle-based company at the right time.
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NewsAlaska Airlines to acquire Hawaiian for $1bn plus debt
Alaska Airlines to acquire Hawaiian Airlines for $1 billion, the companies said on 3 December.
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NewsAir Malta successor carrier set for bookings launch after securing AOC
Planned new national carrier KM Malta Airlines is to set to open for bookings on 4 December after securing its air operator’s certificate.
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NewsVolotea commercial chief Gonzalez takes on newly created general manager role
European low-cost carrier Volotea has appointed chief commercial officer David Gonzalez to the newly created role of general manager, where he will co-ordinate the company’s global commercial, strategic, operational and cost control activities.
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NewsItaly and Lufthansa formally notify Commission over ITA deal
Lufthansa Group and the Italian government have formally notified the European Commission over a deal for the German carrier to take a minority stake in ITA Airways.
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NewsletterAirline industry looks ahead to another year of capped capacity
For an industry historically known for its tendency towards overcapacity and therefore frequently low-margin operations, the airline sector is uncharacteristically about it enter its sixth year of not being able to fly as much as it would like.
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NewsAirAsia Aviation eyes profitable 2023, helped by ‘lessening competition’ and strong demand
AirAsia Aviation Group expects to report a profitable 2023, as travel demand continues to hold strong through the year-end, and as it reaps the benefits of “lessening competition”.
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In depthAir Transat and Porter Airlines plan to take on Canada’s top airlines together
With plans to become more closely intertwined, Canadian carriers Air Transat and Porter Airlines are offering a “strong third option” to Air Canada and WestJet.
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News‘We’ve done everything required’: Connect Airlines chief blasts US regulators over certification delays
US start-up carrier Connect Airlines is pushing back against aviation regulators for allegedly stifling its ambitions of launching flights between Canada and the USA and decarbonising regional air travel with hydrogen propulsion technology.
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PodcastAirline Business Podcast: Widebody wins in Dubai and air cargo's turbulent descent
In the latest instalment of the Airline Business Podcast – sponsored by Panasonic Avionics – Graham and Lewis discuss the aircraft orders placed at this year’s Dubai air show and what they might mean for capacity growth in the region, particularly when it comes to widebody jets.
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NewsResumption of US-China flights a headwind for Cathay long-haul recovery: HSBC
HSBC warns that the resumption of direct flights between Mainland China and the USA could impact Cathay Pacific’s long-haul traffic, even as the Hong Kong-based carrier rebounds to a strong recovery this year.
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NewsAvianca CEO Neuhauser takes new job as CEO of parent Abra Group
Avianca chief executive Adrian Neuhauser will take the helm of Abra Group, which owns Avianca and Brazil’s Gol, in January, while remaining executive vice-chairman of the Colombian carrier’s board of directors.
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NewsAir Transat and Porter plan closer collaboration through joint venture
Canadian operators Air Transat and Porter Airlines have agreed to coordinate flight schedules and routes under a new joint venture aimed at helping both carriers expand.
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NewsBooking patterns recovering after Middle East impact: EasyJet
EasyJet is reporting a similar upturn after a six-week hit on demand for bookings from the impact of the Israel-Palestine conflict as it saw following Russia’s invasion of Ukraine last year.
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NewsVirgin Atlantic uses 100% SAF flight to highlight need for production ramp-up
Virgin Atlantic has highlighted the pressing need for investment in sustainable aviation fuel (SAF) production, as one of its Boeing 787s took off on what it describes as the world’s first transatlantic widebody flight to be fuelled by 100% SAF.
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NewsEasyJet sees Gaza conflict limiting progress in cutting Q1 losses, but projects positive year ahead
EasyJet says the impact on travel demand from conflict in the Middle East means it does not expect to improve on first-quarter losses covering the three months ending December 2023, but is projecting a “positive outlook” for its full financial year.
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NewsAtlas Air Worldwide appoints Artem Gonopolskiy chief financial officer
Atlas Air Wordwide’s board of directors has named Artem Gonopolskiy as the company’s permanent chief financial officer, after he had filled the role for several months on an interim basis.