All Strategy news – Page 18
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NewsUnited loses $1.4bn in Q1, sees path to profitability
United Airlines lost $1.4 billion in the first quarter but sees a path to profitability as customers return to air travel in greater numbers.
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News
Air Nostrum seeks €103 million of government aid
Spanish carrier Air Nostrum is seeking €103 million ($124 million) of government financial support due to the impact of the pandemic on its operations.
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News
UK regulator clears path for JetBlue transatlantic debut
UK regulators have cleared JetBlue Airways to launch flights to London from New York and Boston, a further step in the carrier’s plans to begin transatlantic services this year.
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News
Smith sees Transavia as key tool to counter loss of Air France’s Orly slots
Air France-KLM group chief executive Ben Smith believes the flexibility union agreements have given it to develop low-cost unit Transavia at Paris Orly provides the group with a tool to help offset the loss of slots at the airport.
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News
China’s airlines expected to narrow first-quarter losses amid traffic surge
The Chinese airline industry is forecast to be about CNY30 billion ($4.6 billion) in the red for the quarter ended 31 March, narrowing its losses year on year amid an improvement in “recovery momentum”.
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News
US regional carrier ExpressJet plans comeback
ExpressJet, a US regional carrier which ceased operations in September, has requested to resume scheduled service under its own brand.
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News
Delta loses $1.2bn in Q1, aims for profitable Q3
Delta Air Lines aims to return to profitability in the third quarter as domestic travel ramps up following the year-long coronavirus downturn.
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News
Air Baltic’s operating loss balloons to €202 million amid crisis
Air Baltic posted a €202 million ($242 million) operating loss in 2020 amid the pandemic, swinging from a €27 million EBIT profit in the previous year.
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News
Russia’s S7 to sell off Cyprus Airways stake
Russia’s S7 Group is looking to sell its 36.9% stake in Cyprus Airways.
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In depth
What future does the A380 have in a post-pandemic travel world?
Already a luxury of debatable value to many operators before the crisis, the A380 appears even less well-suited to a market featuring depressed travel demand and a focus on cargo
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Analysis
Eyes on UK for first signs of European air travel recovery
The real test is ahead; as the region moves towards the middle of the year and the crucial June-August holiday season, will markets begin to open up and genuine recovery momentum build?
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News
Commission confirms Maltese approach over Air Malta state aid
European Commission officials have confirmed that the Maltese Government has approached it over a possible state-aid package for national carrier Air Malta.
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South Korea’s Aero K launches operations
South Korean carrier Aero K has commenced scheduled domestic flights, becoming the country’s eighth low-cost carrier.
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Virgin Australia adds 737s, restarts hiring amid domestic recovery
Virgin Australia Group will reintroduce 10 Boeing 737-800s into its fleet, as part of a wide-ranging, “fast-tracked” domestic recovery plan which will also see the carrier resume hiring.
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WestJet extends flight suspensions to sun destinations
WestJet has extended its temporary suspension of flights to southern destinations until 4 June as the Canadian air travel industry continues struggling with the coronavirus crisis.
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News
China Southern reviewing future of A380 fleet
China Southern Airlines has become the latest carrier to suggest the Airbus A380 might not have a future in its fleet.
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Continued travel restrictions prompt Norwegian to lift capital raise target
Restructuring low-cost carrier Norwegian has increased the range of its planned capital raise in view of the slow opening up of travel markets.
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Air Canada begins to offer refunds for non-refundable fares
Air Canada says it will begin to offer refunds to customers whose flights were cancelled or who did not use their non-refundable tickets due to the coronavirus crisis that has been dragging on for more than a year.
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News
Germany’s Sundair exits restructuring process
German leisure carrier Sundair has emerged from its ‘protective shield’ restructuring process after five months of reorganisation.
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News
United launches ‘sustainable’ fuel investment scheme
United Airlines has launched “Eco-Skies Alliance”, a programme through which it will allow customers and corporate partners to invest in sustainable aviation fuels (SAF).
