All Strategy news – Page 18
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News
Malaysian 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.
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News
United dangles unpaid time off to pilots amid Boeing delivery delays
With fewer new jets on the way than previously anticipated, United Airlines is offering unpaid time off to its pilots.
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Airline Business
China Eastern frets about geopolitics amid tepid international recovery
China Eastern Airlines was the only operator among China’s ‘Big Three’ – which also includes Air China and China Southern Airlines – to remain loss-making, despite China’s pandemic restrictions having been loosened for a full year.
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News
Canada Jetlines exploring ‘benefits and costs’ of trading on US stock exchange
Start-up carrier Canada Jetlines is exploring potential listing on the US stock exchange, executives revealed on 28 March.
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News
Azul reports higher Q4 earnings as it taps into new markets and keeps costs low
Brazil’s Azul increased fourth quarter revenue and profit in 2023, as it tapped into new markets while keeping costs in check.
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News
Alaska and Hawaiian enter 90-day timing agreement with DOJ amid antitrust review
Hawaiian Airlines and Alaska Airlines have entered into an agreement regarding the timing of their proposed tie-up as they work to satisfy the US Department of Justice’s requests for documentation.
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News
Gol slips to fourth quarter loss as it works through bankruptcy process
Restructuring Brazilian low-cost carrier Gol swung to a net loss of R1.1 billion ($221 million) in the fourth quarter, the first results it has disclosed since entering bankruptcy protection in January.
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Podcast
Airline Business Podcast: Changes at the top of Boeing and Europe’s united front
In the latest episode – sponsored by Panasonic Avionics – Graham and Lewis discuss the impact of the recently announced changes at the top of Boeing, which came after several airlines voiced concerns about aspects of the airframer’s management.
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Airline Business
Airlines accelerate hiring of women to top executive roles from low base
The industry has been employing more women in the C-suite for some time now, but new data hints at the pace of change quickening after years of glacial progress, with positive steps continuing into the first few months of 2024
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News
SkyWest chairman Jerry Atkin to retire after four decades with US regional carrier
Jerry Atkin, chair of SkyWest Airlines’ board of directors, is planning to retire in May, marking the end of four-decade-long tenure with the company’s senior leadership team.
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News
Cebu Pacific returns to profit as it closes in on record narrowbody order
Cebu Pacific has confirmed it is in the “closing stages” of negotiations for the order of up to 150 narrowbody aircraft, with a likely announcement “a month of two away”.
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Airline Business
‘Not just riding the wave’: after financial turnaround, Malaysia Airlines eyes year of ‘credibility’
As Malaysia Airlines’ parent Malaysian Aviation Group (MAG) turns in a glowing financial report, it is keen to prove it is no one-trick pony, but that it has changed for the better.
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Airline Business
Flair Airlines steady amid turbulent Canadian low-cost segment: CEO
Flair Airlines’ chief executive Stephen Jones is pushing back against suggestions that the Canadian low-cost carrier is struggling in the aftermath of competitor Lynx Air’s collapse.
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News
Avianca increases 2023 earnings on back of record passenger numbers
Colombia’s Avianca saw earnings rise in 2023 as it transported 31.9 million passengers, the most in its history, while keeping costs in check.
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Airline Business
Start-up carrier New Pacific pivots to charters as scheduled service lags
US start-up carrier New Pacific Airlines is pivoting to focus mostly on charter flights after struggling to catch on with its scheduled passenger service out of Southern California.
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News
US regional carrier CommuteAir extends CEO Rick Hoefling through 2028
US regional carrier CommuteAir has extended chief executive Rick Hoefling through 2028 with a contract amendment recently approved by the company’s board of directors.
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Airline Business
European airlines cite Chinese access to Russian airspace as they seek ‘level playing field’
Europe’s airlines are keen for authorities to address the competitive advantage that Chinese carriers currently experience in being able to fly through Russian airspace, as part of a broader push for what they call a “level playing field” with international competitors.
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News
Canada’s Transat AT names Sebastian Ponce chief revenue officer
Transat AT, parent of Canadian leisure carrier Air Transat, has appointed Sebastian Ponce as chief revenue officer as it continues searching for profitability.
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Airline Business
Europe’s airlines heartened by sharp change in perception of industry
Thanks to its founding mission, Airlines for Europe (A4E) might be naturally inclined towards pointing out things that need improving in the policy and regulatory sphere, but the European airline association also used its annual summit on 20 March to highlight a fundamentally positive development for the region’s carriers.
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News
Malaysia Airlines parent betters 2023 profit amid premium push
Malaysia Aviation Group (MAG) improved its operating profit in 2023 – and posted its first net profit post-restructuring in 2015 – on the back of strong premium traffic and the return of international passenger demand.