All Strategy news – Page 18
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NewsKorean ponders move for new freighters
Korean Air is considering a move for the new widebody freighters launched by Airbus and Boeing in recent months as it continues to position itself for strong cargo demand.
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News
SkyWest applies to launch charter subsidiary
US regional carrier SkyWest Airlines has applied to the Department of Transportation (DOT) to operate 30-seat Bombardier CRJ200s to 25 destinations under a charter subsidiary.
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Korean Air eyes key Asiana merger approvals by year-end
Korean Air chief executive Walter Cho is hopeful of securing the necessary approvals from the US and European Union competition regulators for its merger with Asiana by the end of this year.
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News
Defiant Walsh says airline industry can handle coming headwinds
IATA director general Willie Walsh insists the airline industry can handle the lengthy list of headwinds coming its way as the Covid-19 recovery ramps up.
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News
Risk of ‘massive travel disruption’ if 5G deployed in USA in July 2023: IATA
Airline association IATA has warned that carriers are unlikely to be prepared for the deployment of C-band 5G in the USA in July 2023 based on current progress, creating the risk of significant travel disruption if the rollout goes ahead as planned.
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News
Kenya Airways chief sees ‘very promising’ summer as demand picks up
Kenya Airways chief executive Allan Kilavuka sees “very promising” bookings for the summer as the carrier steps up operations out of the pandemic, though demand for intra-African travel is lagging the recovery seen on its European routes. The airline’s capacity was down about two-thirds on pre-crisis levels last year amid ...
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News
Break-even unlikely in 2022 amid cost pressures: Malaysia Airlines chief
Malaysia Airlines is unlikely to break even this year, as a result of “multiple headwinds” confronting the carrier, including inflation and high fuel prices.
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Emirates chief rates industry challenges 9/10 but sees demand resilience
The headwinds faced by the airline industry today are “very challenging”, in the view of Emirates Airline president Tim Clark, but indications are that demand can withstand the battering for now.
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Long-term goal to be publicly listed: Virgin Australia chief
Virgin Australia’s long-term goal strategy remains to be publicly listed, confirms airline chief Jayne Hrdlicka, as the airline rebounds to profitability.
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Cathay plans hiring spree as airline anticipates network ramp-up
Cathay Pacific is looking to fill 4,000 roles across various sectors in the next two years, as the airline resumes flights to more points across its network with restrictions gradually easing up in its home city of Hong Kong.
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News
A350-1000 ‘too small’ to top Airbus range: Emirates chief
Emirates Airline president Tim Clark has again expressed concern about how airlines will cope with rising demand in the future without recourse to new Airbus A380-sized jets, warning that ticket prices could eventually rise as a consequence of fewer seats being available into slot-constrained airports.
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Air Baltic chief sees potential role for Airbus A321XLR
The Airbus A321XLR is of interest to Air Baltic in the longer term, according to the carrier’s chief executive Martin Gauss, as the carrier considers options to extend its reach.
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‘Nightmare is becoming reality’ on airport charges: IATA chief
IATA director general Willie Walsh has called on governments to ‘show backbone’ and reject airport requests to increase their charges to airlines.
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IATA trims industry loss expectations for 2022 to $9.7bn
IATA director general Willie Walsh believes a return to profit across the industry is possible in 2023 after the association cut back its estimate of airline losses for this year to $9.7 billion.
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News
Shell partners with Accenture and AMEX GBT on SAF ‘book-and-claim’ initiative
Three airlines including Cathay Pacific have signed up to trial a new blockchain-powered ‘book and claim’ sustainable aviation fuel initiative launched by Shell, Accenture, and American Express Global Business Travel aimed at boosting corporate demand.
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Qantas forecasts full international recovery by mid-2023
Qantas anticipates international capacity will return to pre-pandemic levels around the middle of 2023, amid “strong robust demand” as borders reopen.
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Interview
Walsh sees airline industry capable of recovering financial strength
IATA director general Willie Walsh expects that despite continued Covid headwinds, as well as fresh operational and cost pressures, leaders assemble in Doha for the association’s AGM ready to look beyond the pandemic
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Analysis
Airline CEO changes in 2022 dominated by appointment of women and upheaval in India
The global airline executives gathering in Doha for this year’s IATA AGM will reflect recent trends including better gender diversity among incumbents and big changes at Indian carriers
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Gatwick airport caps summer flights amid operational woes
Gatwick airport will cap the number of flights operated from the facility in July and August, as it attempts to overcome the operational challenges that have dogged the air travel recovery in markets including the UK’s.
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Interview
How SAF, offsetting and tackling plastics are key to progressing IATA’s sustainability vision
While securing a resolution that committed airlines globally to achieving carbon neutrality by 2050 at last year’s AGM underpins the industry’s decarbonisation efforts, it marked only a first step in translating ambition to reality. “After the political statement, the pathway started,” explains Sebastian Mikosz, vice-president of environment and sustainability at ...
