All Strategy news – Page 22
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NewsLufthansa seals deal for stake in ITA Airways
Lufthansa has reached agreement to acquire a minority stake in ITA Airways under a plan which envisages the Italian carrier boosting revenues from €2.5 billion this year to €4.1 billion in 2027.
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NewsMalaysia regional carrier SKS Airways commits to ten E195-E2s
Malaysian regional operator SKS Airways has committed to taking 10 Embraer E195-E2 regional jets from lessor Azorra, making it the type’s first operator in Southeast Asia.
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NewsItaly set to unveil agreement with Lufthansa for ITA stake
Italian government talks with Lufthansa over the latter acquiring stake in national airline ITA Airways appear to have come to fruition amid widespread reports that a deal could be announced on 25 May.
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NewsAirAsia X to raise MYR50 million for fleet reactivation
AirAsia X is looking to raise up to MYR50 million ($10.9 million) through share placements, which it will use for the reactivation and maintenance of its fleet.
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NewsDelta names Michael Spanos as its new COO
Delta Air Lines has named Michael Spanos as its new chief operating officer, effective next month.
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NewsLufthansa Group to buy four ex-LATAM Airlines A350-900s
Lufthansa Group will purchase four ex-LATAM Airlines Airbus A350-900s and add them its fleet this year.
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NewsQantas forecasts bumper annual profit amid strong travel demand
Qantas expects a record full-year profit on the back of “continued strong travel demand”, and as fuel costs and supply chain issues begin to moderate.
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NewsUS DOT fines LATAM $1m for delaying refunds for cancelled flights
The US Department of Transportation’s Office of Aviation Consumer Protection (OACP) has fined LATAM Airlines Group $1 million in civil penalties for dragging its feet on refunding customers for cancelled flights during the Covid-19 crisis.
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NewsDemise of Northeast Alliance puts JetBlue and American in tight spot: analysts
Analysts paint a grim picture of the situation JetBlue Airways and American Airlines find themselves in after a judge struck down their now-four-year collaboration in the Northeast USA, shortly before the airlines’ peak summer travel season begins.
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NewsAmerican and JetBlue blast court decision on ‘Northeast Alliance’
American Airlines and JetBlue Airways have sharply criticised a judge’s decision to dissolve their so-called ‘Northeast Alliance’.
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NewsJudge orders JetBlue-American ‘Northeast Alliance’ dissolved
The US Department of Justice (DOJ) has won its lawsuit against American Airlines and JetBlue Airways, with a judge ordering the carriers to unwind their so-called “Northeast Alliance” (NEA).
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NewsAmerican Airlines reaches agreement-in-principle with pilots
American Airlines has come to an agreement-in-principle on a new contract with its pilots, who are represented by union Allied Pilots Association (APA).
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NewsWestJet reaches tentative deal ahead of pilots’ strike
Canadian carrier WestJet has reached a tentative deal with pilots working at the airline and its low-cost unit Swoop in a move averting strike action which was due to begin today.
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AnalysisHow close is the airline industry to full recovery from Covid-19?
There were points during the Covid-19 crisis where predicting when the airline industry would recover to 2019 levels almost became a competitive sport.
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NewsSun Country’s utilisation hindered by low ‘pilot production’
Minnesota-based ultra-low-cost carrier Sun Country Airlines reports that its aircraft utilisation been held back in recent months by a lack of pilot instructors and first officers willing to upgrade to captain.
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NewsUS start-up Northern Pacific Airways delays launch
US start-up carrier Northern Pacific Airways has delayed its launch by three weeks.
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NewsWestJet begins cancelling flights as pilot strike looms
WestJet Group has started cancelling flights and grounding the “majority” of its fleet as the airline’s pilots, represented by Air Line Pilots Association, International (ALPA), threaten an imminent strike.
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NewsIndiGo operating with at least 10% of fleet grounded by P&W engine issues
IndiGo continues to take mitigation measures to counter at least 10% of its fleet consistently being grounded by issues relating to the Pratt & Whitney engines that power a significant proportion of its aircraft.
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NewsRoyal Jordanian firms orders for eight Embraer E2 jets
Middle Eastern carrier Royal Jordanian Airlines has firmed-up orders for eight Embraer E2-family jets following a memorandum of understanding signed with the airframer in October last year.
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NewsEasyJet chief sees chance to ‘significantly’ cut winter losses
Chief executive Johan Lundgren believes EasyJet is in position to significantly reduce losses incurred over the winter and ultimately for the off-season period to become profitable for the carrier.