All Strategy news – Page 15
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NewsVinci expects airports to hit break-even this year after tough 2021 for Gatwick and Japan
Multinational infrastructure firm Vinci expects its airports business to reach break-even on a net basis in 2022, if the public health situation continues to improve. The company – which has 53 airports across 12 countries in its portfolio – says passenger numbers will recover to “around 60%” of 2019 levels ...
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Analysis
Boeing 737 Max programme enjoys better news after order setbacks
Boeing’s 737 Max programme has enjoyed a much-needed period of positive news following an inauspicious end to 2021 that saw Air France-KLM and Qantas place significant narrowbody orders with Airbus.
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Skywest posts profit for 2021, plans for looming pilot shortage
Regional carrier Skywest Airlines swung to profit in 2021, but says that the impending pilot shortage will negatively affect its 2022 planning.
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Low-cost unit helps Air Astana top pre-crisis traffic levels in 2021
Air Astana Group topped pre-crisis passenger levels last year in carrying a record 6.62 million, almost half of which flew on its low-cost unit FlyArystan.
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Analysis
Singapore Airlines picks up the pace in a world transformed
Singapore Airlines remains a national icon with strong government support and a disciplined management team, but the post-pandemic world promises new challenges.
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Analysis
Allegiant posts small profit in fourth quarter of 201
Allegiant Travel Company, the parent of ultra-low-cost carrier Allegiant Air posted a small profit in the fourth quarter of 2021, supported by more cost-conscious customers returning to travel.
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News
ANA turns small profit in third quarter while Japan Airlines narrows loss
Japan’s two biggest airline operating groups both reported progress in their recovery from the pandemic in the third quarter, including All Nippon Airways returning to the black for the first time in two years.
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Analysis
Airbus tension, Air Italy and Covid: how Qatar Airways’ first 737 Max order hit the buffers
Qatar Airways’ signing of a letter of intent for up to 50 Boeing 737 Max 10 jets on 31 January does not mark the first time the Middle Eastern carrier has looked to Seattle for narrowbodies amid tensions with Airbus.
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Recovering Swiss to end short-time working and recruit cabin crew
Lufthansa Group carrier Swiss International Air Lines is to end the short-time working for all staff brought in to counter the pandemic and is to begin recruiting new cabin crew.
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Omicron hit sees Ryanair post weakest traffic month since June
Irish budget operator Ryanair carried 7 million passengers in January, at the top end of projections that had been revised downwards following capacity cuts due to Omicron travel restrictions.
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Ethiopian resumes Boeing 737 Max flights
Ethiopian Airlines has today brought its Boeing 737 Max back into service, almost three years after a fatal crash of one of its aircraft prompted the global grounding of the type.
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AirAsia X takes first step with Sydney service in scheduled flights return
Restructuring Malaysian long-haul, low-cost operator AirAsia X is to resume scheduled passenger services in February for the first time since the pandemic.
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US court approves Aeromexico reorganisation plan
A US bankruptcy court has approved Aeromexico’s reorganisation plan, clearing the way for the Mexico City-based carrier to exit bankruptcy protection.
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Alaska turns small Q4 profit despite Omicron disruption
“Disciplined” cost management and a “measured approach to bringing back capacity” helped Alaska Air Group grow revenue and turn a small profit during the fourth quarter of 2021, even while contending with a new coronavirus variant, the company reports.
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Southwest reports first quarterly profit since 2019
Southwest Airlines has earned its first quarterly profit since 2019, as demand for low-cost fares climbed in the last three months of 2021.
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JetBlue cuts Q4 loss, calls Omicron ‘temporary setback’
JetBlue Airways more than halved its loss in the fourth quarter of 2021 as leisure passengers returned in greater numbers.
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Tata formally takes the reins of Air India
Indian conglomerate Tata Group has formally completed its acquistion of Air India.
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EasyJet load factors clipped by Omicron but still positive on summer bounce
UK low-cost carrier EasyJet is still expecting a return to pre-crisis capacity levels during the peak summer season this year after Omicron clipped its recovering load factor in December.
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China Airlines orders four more 777Fs amid record cargo performance
China Airlines has placed an order for four additional Boeing 777 freighters, with deliveries slated to begin from 2023.
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Hawaiian narrows Q4 loss; sees international recovery later in 2022
Hawaiian Holdings, the parent company of Hawaiian Airlines, says fourth-quarter losses narrowed as tourists returned to the Pacific Ocean archipelago in greater numbers toward the end of 2021.
