All Strategy news – Page 5
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NewsRyanair and Wizz record highest traffic months in June
Expanding European low-cost carriers Ryanair and Wizz Air both saw traffic levels soar in June, underlining their return to growth since the pandemic.
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News
Korean LCCs deploy widebodies in summer capacity ramp-up
Two South Korean low-cost operators are ramping up international flying, coinciding with the peak summer travel period and as the country eases travel restrictions.
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News
Korean prepares fleet old and new for capacity step up
Korean Air’s plan to raise to capacity as Covid travel restrictions continue to ease will come as some of its grounded aircraft are returned to service and the airline prepares to introduce its second new aircraft type this year.
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Interview
Turkish Airlines fast-tracks return to growth path
Turkish Airlines chairman Ahmet Bolat believes that retaining staff and its strong financial performance through the pandemic has been key to enabling to return to growth as the Istanbul carrier has already passed pre-crisis activity levels.vels.
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News
KLM repays last of Covid state aid
Dutch carrier KLM is to repay the remainder of the €942 million it borrowed from the state and banks under a loan package granted during the Covid-19 crisis.
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News
Spirit delays shareholder vote on Frontier bid to 8 July
Ultra-low-cost carrier Spirit Airlines has once again delayed a planned shareholder vote on its potential acquisition to give it more time to negotiate with its two potential suitors, Frontier Airlines and JetBlue Airways.
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News
Kenya Airways and SAA chiefs see partnership as key to unlocking African growth
The respective chief executives of Kenya Airways and South African Airways see the chance to unlock the potential of greater air connectivity within Africa as the reward as they work on developing plans for a pan-African operation.
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Interview
Kenya Airways chief keeps eyes on restructuring but sees growth from 2024
Kenya Airways chief executive Allan Kilavuka sees an opportunity to return to growth in 2024, as it focuses in the near-term on implementing a restructuring aimed at securing a sustainable cost base.
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News
Air New Zealand confirms ‘game changer’ bunk bed for economy class
Air New Zealand is set to install full-length sleep pods in economy class, as part of a raft of cabin upgrades set to roll out from 2024.
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News
JetBlue again ups offer for Spirit
JetBlue Airways has again increased its offer for Spirit Airlines, just days before Spirit’s shareholders are due to vote on a potential tie-up with Frontier Airlines.
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News
US start-up carrier Airbahn appears to have scrapped mid-year launch plan
US start-up airline Airbahn appears to have quietly shelved its launch plan after regulators failed to renew an operating certificate and its only aircraft recently left the USA.
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Interview
Relaunched SAA set to take next step
Having relaunched operations in September last year after an 18-month grounding, South African Airways (SAA) is expanding its operations as it capitalises on the recent collapse of local carrier Comair. The South African carrier is increasing capacity on domestic and regional routes, and was in Doha at the recent IATA ...
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News
Air Baltic chief calls on OEMs to resolve parts shortages that are grounding A220s
Air Baltic chief executive Martin Gauss has called on engine and aircraft manufacturers to find solutions to the supply-chain issues that are continuing to ground the carrier’s Airbus A220s for prolonged periods during maintenance.
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News
Spirit Airlines’ board recommends shareholders approve richer Frontier bid
Spirit Airlines has recommended shareholders approve Frontier Airlines’ increased acquisition offer after Frontier sweetened the deal by $2 per share, and raised its reverse termination fee to $350 million.
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News
KLM warns of ‘dramatic consequences’ from Dutch plan to cut Schiphol flights
Home carrier KLM has hit out at a move by the Dutch government to cut the number of annual permissible flights from the Amsterdam hub airport by 12% which it says would erode its ability to operate a hub function.
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Interview
Royal Air Maroc chief sets sights on growth after ‘transformation’ during crisis
Royal Air Maroc is preparing to issue a tender for 22 aircraft as it turns its attentions to developing a growth strategy following what chief executive Abdelhamid Addou describes as the carrier’s ’big transformation’ during the Covid crisis.
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Analysis
Airlines move on from Covid-19 at IATA AGM – but to where?
It felt like the airline industry was grappling with two competing narratives during the IATA AGM in Doha this week.
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News
High fuel prices force Qantas to further trim domestic capacity
Qantas Group will cut domestic capacity from July through March 2023 amid cost pressures from high fuel prices, though international capacity will remain unchanged for now.
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News
US DOT tentatively approves LATAM-Delta joint venture
The US Department of Transportation (DOT) has tentatively approved a proposed joint venture between Delta Air Lines and LATAM Airlines Group, more than two years in the making, but places certain conditions on final antitrust immunity for the deal.
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News
Risks and uncertainties persist despite IATA’s brighter economic outlook
While IATA struck a positive tone in trimming its loss forecast for the coming year this week at its AGM in Doha, the wider economic headwinds which are gaining strength means downside risks far outweigh the potential for upsides.
