All Strategy news – Page 13
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InterviewSkyTeam chief sees value of alliances back in vogue
SkyTeam chief executive Patrick Roux believes alliances are proving their worth to members, providing ways to accelerate co-operation among partner carriers and to develop seamless travel options for customers.
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NewsSouth Korea’s T’way eyes fleet growth in 2024 amid swing to profit
T’way Air expects to further grow its fleet in 2024 – including adding more widebodies – as its operations surpass pre-pandemic levels.
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InterviewSunExpress chief on how carrier is stepping up in scale with new Max 10 order
SunExpress’ introduction of larger Boeing 737-10s as part of its new long-term follow-on order for Max jets underlines chief executive Max Kownatzki’s confidence the leisure carrier can continue to ride the Turkish boom which has seen it perform so strongly since the Covid pandemic.
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NewsTurkish Airlines unveils AJet brand for low-cost carrier AnadoluJet
Turkish Airlines has today unveiled new branding for to-be-spun-out low-cost carrier AnadoluJet, which will operate under the AJet Air Transportation name from next summer.
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NewsletterWhy stakeholders reject assumption hydrogen power will push up air fares
There is a broad assumption in the airline sector that ticket prices are likely to rise as the industry makes its net-zero transition, but some speakers at the Airlines 2023 conference pushed back against that assumption when it comes to hydrogen-powered aircraft.
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NewsCathay expects first annual profit since 2019 as full recovery nears
Cathay Pacific expects to report a full-year profit – its first since 2019 – as it moves closer to full recovery in its passenger travel business.
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NewsJet2 converts options on 12 more A320neo-family jets as profits run continues
UK leisure carrier Jet2 has converted options on 12 more Airbus A320neo-family jets to take its firm orders for the type to 110.
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AnalysisLevel to get its own AOC as part of IAG Spanish expansion plans
IAG’s long-haul, low-cost carrier Level is to get its own air operator’s certificate (AOC) and will increase its fleet to eight aircraft by 2026 under growth plans disclosed at the airline group’s Capital Markets day on 21 November.
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Interview‘It’s expensive to be small’: Atlantic Airways chief on success without scale
Atlantic Airways chief executive Johanna a Bergi does not equivocate when asked to name the biggest leadership challenge in running a small regional airline in Europe.
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NewsClark still gets ‘real buzz’ from leading Emirates after delaying retirement
Long-serving Emirates president Tim Clark still gets a “real buzz” from the ”herculean project” of running the Middle Eastern giant, years after he delayed his retirement.
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News‘Finally out of the woods’: AirAsia X sheds financially distressed status as profits double
AirAsia X has shed its financially distressed status following an appeal, as it improved its third-quarter earnings on the back of strong passenger recovery.
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NewsUS Court approves SAS’ investment agreement with Castlelake consortium
A US court has approved Scandinavian operator SAS’ entry into a formal investment agreement with Castlelake, Air France-KLM, the Danish government and financing company Lind Invest.
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NewsFrontier seeks further foothold in Midwest USA with trio of planned crew bases
Seeking to bolster its presence in the Midwest USA, ultra low-cost carrier Frontier Airlines plans to open crew bases in Chicago, Cleveland and Cincinnati early next year.
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In depthBattered but not beaten: air cargo’s turbulent descent from Covid-era highs
Less than two years ago the air cargo sector was still enjoying its Covid-era high, with executives keen to embrace the chance to leverage its elevated status against the struggling passenger side of the industry. But things feel very different as 2023 comes to a close.
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NewsIAG eyes operating margin of 12-15% in medium-term
British Airways and Iberia parent IAG has set itself a medium-term profits target of delivering an operating margin of 12-15%.
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NewsHeathrow ‘actively reviewing’ expansion options under new CEO
London Heathrow airport is reviewing its long-term expansion options, including the possibility of building of a third runway.
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NewsConnect Airlines vows to appeal DOT decision to revoke certificate
The US Department of Transportation (DOT) has revoked certificate authority from Waltzing Matilda Aviation, the Massachusetts company that owns start-up regional carrier Connect Airlines.
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NewsCompetition regulator warns Norwegian it is considering blocking Wideroe merger
Norway’s competition regulator has notified Norwegian that it is considering blocking its planned acquisition of domestic carrier Wideroe.
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NewsletterDubai air show underlines Middle East carrier growth ambitions
While Emirates and Flydubai made headlines with a series of major expansion announcements at the event, the Dubai air show underlined that growth is on the agenda for operators across the region – even those that did not order new metal over this week.
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In depthAirline Business Covid-19 recovery tracker: November 2023 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.