All Strategy news – Page 18
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NewsAmerican posts $545m Q3 loss as operating expenses rise almost 10%
American Airlines posted a $545 million loss for the third quarter of 2023 as its expenses jumped 9.4% year-on-year, including an almost 17% increase in jet fuel prices and a one-time charge related to its new pilot contract.
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NewsAmerican orders four E175s with 2024 deliveries
American Airlines has ordered another four Embraer 175 regional jets, which it intends to deploy into the fleet of its subsidiary regional carrier Envoy Air.
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NewsUnited sees Dreamliner order giving it control of fleet growth plan
United Airlines’ recent order for more Boeing 787-9s reflects the airline seeking to lock in its growth opportunity amid a backdrop of sliding aircraft deliveries.
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In depthTop 100 airline groups traffic rankings 2022
Passenger traffic among leading global carriers sharply recovered last year, outpacing the additional capacity they restored and helping load factors climb back above 80%. FlightGlobal’s analysis of the airline industry traffic performance in 2022 based on the top 100 airline groups by revenue passenger kilometre (RPKs).
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AnalysisUnited banks on international gains amid fourth quarter headwinds
United Airlines executives struck a bullish tone about the strength of international markets, even if the disruption to its Tel Aviv services was a key contributor to a weaker fourth quarter outlook.
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NewsQantas axes plans to acquire charter operator Alliance Aviation
Qantas has scrapped plans to acquire resources charter operator Alliance Aviation – months after competition regulators opposed the deal – noting that “there is no reasonable path forward” for the merger now.
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NewsAir India Express rebrands and sets 170-aircraft target as 737 Max jets arrive
Air India Express has launched its new branding, weeks after taking delivery of its first two Boeing 737 Max jets, as Air India Group continues its transformation and growth under Tata Group ownership.
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NewsTransavia to pick up routes as Air France signals end to Paris Orly flights by 2026
Air France has outlined plans to transfer operations of its domestic flights from Paris Orly airport to its leisure unit Transavia citing a “structural fall” in demand for the network carrier’s services.
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NewsUnited lifts Q3 profits a fifth on strong international demand
United Airlines’ net profits climbed by one-fifth in the third quarter to reach $1.1 billion, in part driven by a strong performance on its international routes in the Atlantic and Pacific regions.
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InterviewAir Nostrum chief on why CityJet tie-up still has compelling rationale
Even though it has taken almost five years to get the deal over the line, the coming together of European regional carriers Air Nostrum and CityJet still has a compelling rationale, in the view of the Spanish carrier’s chief executive Carlos Bertomeu.
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NewsAir Nostrum and CityJet finally join forces in European regional alliance
Regional carriers Air Nostrum and CityJet have formally joined forces to create a European regional airline alliance, nearly five years after a tie-up was first proposed.
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NewsKLM Cityhopper chief warns Schiphol transfer tax could ‘kill the network’
The chief executive of regional carrier KLM Cityhopper has warned of the potentially serious impact of introducing a transfer tax at Schiphol airport, while stating his belief that the commercial aviation sector and the Dutch government will “find each other again” and achieve better outcomes at the hub.
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NewsMalaysia’s MYAirline gets AOC revoked, as airline claims ‘multiple’ offers in revival bid
Malaysian regulators have suspended the air operator certificate (AOC) of start-up low-cost operator MYAirline, dealing a blow to the carrier’s revival plans.
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NewsQantas hit by another executive departure as loyalty chief resigns
Qantas’ loyalty programme chief Olivia Wirth has announced her departure, the latest in the string of high-ranking executive resignations to hit the embattled carrier.
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NewsAir Wisconsin pilots ratify three-year contract with 38% pay bump for captains
The deal boosts Air Wisconsin pilots’ combined pay by nearly $48 million over the life of the agreement and concludes negotiations that began in August 2022.
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AnalysisEasyJet banks on basics in push for new profit heights
Aircraft upgauging, reducing winter losses and boosting profits from its holiday business are key parts to EasyJet’s plan to lift full-year pre-tax profitability to more than £1 billion annually
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NewsStrong demand helps Delta lift third-quarter net profit to $1.1bn
Delta Air Lines’ net profits climbed 59% to over $1.1 billion in the third quarter, as revenues jumped 11% on continued strong demand.
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NewsCourt trial in US government’s JetBlue-Spirit case delayed
JetBlue Airways will defend its proposed $3.8 billion acquisition of Spirit Airlines in US district court one week later than expected.
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NewsDelta takes ‘not insignificant’ hit due to automobile worker and Hollywood strikes
Delta Air Lines has experienced a “not insignificant” negative change in business travel due to recent strikes in the US automobile and film industries.
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NewsEasyJet outlines £1bn profit target after strong summer confirms return to the black
Carrier expects to post a pre-tax profit in the range of £440-460 million ($541-566 million) for the 12 months ending 30 September 2023, driven by a record headline profit over the second half of its financial year.