All Strategy news – Page 28
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Airline Business
How Adrian Neuhauser transformed Avianca into a low-cost competitor
With traffic surging in Latin America, Adrian Neuhauser has turned Avianca into a low-cost operator that draws on the strengths of its network-carrier past
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Airline Business
Airline Business Covid-19 recovery tracker: December 2023 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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Airline Business
Strong Q3 revenue drives airline industry further ahead of 2019 benchmark
The global airline industry exceeded the overall 2019 benchmark index score for the second quarter in a row, as the strong revenue run continued in the third quarter of this year. The overall score of 102 (2019 = 100) marked a rise of one point from the 30 June 2023 ...
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Airline Business
Why airline industry focus is on the margins of profitability
Confirmation from IATA that the airline industry will return to collective profitability this year and that passenger volumes will shortly surpass pre-Covid levels is an indication that the sector has finally normalised.
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Airline Business
‘We went into this with eyes wide open’: Hawaiian CEO on acquisition by Alaska
As the dust settles on arguably the biggest surprise announcement of the year for US commercial aviation, Hawaiian Airlines’ chief executive Peter Ingram says there is probably no better match for Hawaiian than Alaska Airlines.
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News
IATA raises 2023 profit expectations for airlines to $23bn and sees small rise for 2024
IATA expects the airline industry to post a collective net profit of $23.3 billion for 2023, more than doubling its expectations from six months ago.
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News
Hawaiian and Alaska agree to break-up fees if planned tie-up falls through
Hawaiian Airlines and Alaska Airlines have released more information about their potential merger, including reciprocal break-up fees in the case of non-consummation of the proposed transaction.
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News
Alaska acquisition of Hawaiian is ‘pro-consumer, pro-competitive’: Minicucci
Alaska Airlines chief executive Ben Minicucci says that the planned acquistion of Hawaiian Airlines will benefit not only the companies, but also employees and consumers, and it was the right opportunity for the Seattle-based company at the right time.
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News
Alaska Airlines to acquire Hawaiian for $1bn plus debt
Alaska Airlines to acquire Hawaiian Airlines for $1 billion, the companies said on 3 December.
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News
Air Malta successor carrier set for bookings launch after securing AOC
Planned new national carrier KM Malta Airlines is to set to open for bookings on 4 December after securing its air operator’s certificate.
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News
Volotea commercial chief Gonzalez takes on newly created general manager role
European low-cost carrier Volotea has appointed chief commercial officer David Gonzalez to the newly created role of general manager, where he will co-ordinate the company’s global commercial, strategic, operational and cost control activities.
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News
Italy and Lufthansa formally notify Commission over ITA deal
Lufthansa Group and the Italian government have formally notified the European Commission over a deal for the German carrier to take a minority stake in ITA Airways.
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Airline Business
Airline industry looks ahead to another year of capped capacity
For an industry historically known for its tendency towards overcapacity and therefore frequently low-margin operations, the airline sector is uncharacteristically about it enter its sixth year of not being able to fly as much as it would like.
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News
AirAsia Aviation eyes profitable 2023, helped by ‘lessening competition’ and strong demand
AirAsia Aviation Group expects to report a profitable 2023, as travel demand continues to hold strong through the year-end, and as it reaps the benefits of “lessening competition”.
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Airline Business
Air Transat and Porter Airlines plan to take on Canada’s top airlines together
With plans to become more closely intertwined, Canadian carriers Air Transat and Porter Airlines are offering a “strong third option” to Air Canada and WestJet.
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News
‘We’ve done everything required’: Connect Airlines chief blasts US regulators over certification delays
US start-up carrier Connect Airlines is pushing back against aviation regulators for allegedly stifling its ambitions of launching flights between Canada and the USA and decarbonising regional air travel with hydrogen propulsion technology.
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Podcast
Airline Business Podcast: Widebody wins in Dubai and air cargo's turbulent descent
In the latest instalment of the Airline Business Podcast – sponsored by Panasonic Avionics – Graham and Lewis discuss the aircraft orders placed at this year’s Dubai air show and what they might mean for capacity growth in the region, particularly when it comes to widebody jets.
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News
Resumption of US-China flights a headwind for Cathay long-haul recovery: HSBC
HSBC warns that the resumption of direct flights between Mainland China and the USA could impact Cathay Pacific’s long-haul traffic, even as the Hong Kong-based carrier rebounds to a strong recovery this year.
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News
Avianca CEO Neuhauser takes new job as CEO of parent Abra Group
Avianca chief executive Adrian Neuhauser will take the helm of Abra Group, which owns Avianca and Brazil’s Gol, in January, while remaining executive vice-chairman of the Colombian carrier’s board of directors.
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News
Air Transat and Porter plan closer collaboration through joint venture
Canadian operators Air Transat and Porter Airlines have agreed to coordinate flight schedules and routes under a new joint venture aimed at helping both carriers expand.