All Strategy news – Page 23
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NewsJapan Airlines maintains full-year guidance after Y17bn hit from A350 crash
Japan Airlines beat its 2019 revenue and profit performance in the nine months to 31 December 2023, despite international traffic still being down significantly on that pre-Covid year.
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Airline BusinessHow Pieter Elbers is making his mark at emboldened IndiGo
As demonstrated by the airline’s fiscal third-quarter earnings announcement, there is increasingly substance to the predictions about India being a growth engine for the global aviation industry
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NewsIcelandair swings to full-year profit despite impact of volcanic activity
Icelandair Group swung to a full-year net profit of $11 million for 2023, despite volcanic activity contributing to a deeper loss in final three months of the year.
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NewsAlliance Aviation picks operations chief as new CEO
Australia’s Alliance Aviation has picked operations chief Stewart Tully as its new chief executive, ending a search of over 18 months.
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NewsSkyWest 2,000 pilots short of demand: CEO Chip Childs
SkyWest Airlines is benefiting from favourable trends in pilot training and retention but is still 2,000 pilots short of market demand.
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NewsSkyWest acquires partial ownership of US charter operator Contour Airlines
US regional carrier SkyWest Airlines has acquired partial ownership of Tennessee-based Part 135 operator Contour Airlines.
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NewsSun Country Airlines undaunted by major industry disruptions: CEO Jude Bricker
Sun Country Airlines’ model of mixed operations – scheduled passenger, charter and cargo – is shielding it from many of the industry forces that are impacting other US carriers.
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Airline BusinessRegulators in no mood to wave through airline M&A activity
While it quickly became apparent that January 2024 would be remembered as an inauspicious start to the year for airline safety, from the mid-point of the month onwards it was clear that the same would be said regarding consolidation.
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NewsEgyptAir sells entire A220 fleet to lessor Azorra
EgyptAir has sold its entire Airbus A220-300 fleet to lessor Azorra, which will market them to other carriers.
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NewsTAP Air Portugal pushes for fast-tracked codeshare extension with JetBlue
Star Alliance carrier TAP Air Portugal is asking US civil aviation regulators to fast-track an extension of its codeshare agreement with New York’s JetBlue Airways.
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NewsVolotea plans to grow fleet and network after ‘historic margins’ in 2023
Spanish carrier Volotea is aiming to add three or four aircraft to its fleet in 2024 as it looks to continue on a growth trajectory that has powered it significantly beyond its pre-Covid offering.
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NewsFull-year data puts airlines on track to exceed pre-Covid traffic in 2024
Global airline passenger traffic was at 94.1% of 2019 levels in 2023, according to annual data from IATA, as an improving trend through most of the year put the industry within touching distance of pre-Covid demand.
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NewsAir Serbia resumes codeshare with former stakeholder Etihad
Air Serbia and Etihad Airways have announced the restoration of a codeshare partnership, two months after the latter ended its equity involvement in the Belgrade-based carrier.
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NewsStrong international travel demand propels ANA parent to record nine-month profit
ANA Holdings significantly improved its nine-month profits despite ongoing geopolitical uncertainty, as international travel demand continued to grow sharply.
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NewsBonza touts ‘big plans’ for fleet, network in 2024
Australian start-up Bonza is looking to expand its fleet and network – including launching a fourth operating base – as it marks its first year of operations.
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News‘Still struggling’: China’s ‘Big Three’ to report fourth year of losses amid sluggish recovery
China’s three largest airlines are forecast to remain loss-making for the fourth consecutive year, despite the removal of most of the country’s ‘zero-Covid’ restrictions.
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Airline BusinessHawaiian still searching for profits as Japan recovery drags
US airline group Hawaiian Holdings is still searching for the profitability that has mostly eluded it since the beginning of the Covid-19 pandemic nearly four years ago.
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NewsGlobalX plans to launch Colombian cargo carrier
US charter and cargo carrier GlobalX Airlines plans to expand its reach in Latin America with a new freighter operation called GlobalX Colombia.
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NewsJetBlue appoints Warren Christie as new chief operating officer
US carrier JetBlue Airways plans to replace chief operating officer Joanna Geraghty with long-time executive Warren Christie when Geraghty assumes leadership of the company on 12 February.
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NewsUS court grants Gol ‘key approvals’ to access financing
A US court granted Brazilian low-cost airline Gol “key approvals” to tap a $950 million debtor-in-possession (DIP) financing committed by bondholders of its parent ABRA, giving the airline “immediate access” to the funds.