All Strategy news – Page 6
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NewsStarlux orders five Airbus A350 freighters and three more A330neos
Taiwan’s Starlux Airlines has ordered five Airbus A350 freighters as well three more A330neo passenger aircraft at the Singapore air show today.
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NewsBreeze firms 10 Airbus A220 orders and will be profitable in 2024: CEO
Start-up carrier Breeze Airways has converted 10 Airbus A220-300 options to firm orders as the three-year old company is anticipated to be profitable for the first time in 2024.
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NewsSIA Group says yields under pressure as it reports profitable end to 2023
Singapore Airlines Group saw a “strong” performance in its fiscal third quarter but notes that passenger yields are being pressured by the return of capacity around the world.
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NewsSwiss CFO Markus Binkert to leave company in May
Swiss International Air Lines’ chief financial officer Markus Binkert will leave the company at the end of May.
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NewsCanadian ultra-low-cost carriers Lynx and Flair to combine: reports
Canadian media have reported that two of the country’s ultra-low-cost carriers – Lynx and Flair Airlines – are on the cusp of announcing a merger.
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NewsHawaiian’s shareholders accept Alaska’s $1.9bn takeover bid
Hawaiian Holdings’ shareholders have voted to accept the $1.9 billion acquisition offer from Alaska Air Group.
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NewsAir Canada turned profitable in 2023 on international travel growth
Canada’s flag carrier is optimistic about international travel in 2024 amid stagnant growth of its domestic-Canadian operation
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AnalysisNorwegian ‘very pleased’ about full-year profit and potential Wideroe impact
Scandinavian low-cost carrier Norwegian expects its recently completed acquisition of compatriot Wideroe to begin to have an impact on its earnings in 2024, amid signs that the latter might outperform earlier near-term forecasts
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NewsletterWill airlines get their hands on more new aircraft in 2024?
With the availability of new aircraft continuing to be a sore point for many airlines around the world, Airbus released its latest delivery targets this week.
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AnalysisFinnair ‘has made it through the crisis’ after capping profit return with strong end to 2023
Finnair’s interim chief executive Jaakko Schildt believes the company has demonstrated that it has made it through the double crisis of the pandemic and impact from the closure Russian airspace after confirming the airline’s first full-year profit since 2019.
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NewsFormer Batik Malaysia chief Chandran returns to the helm
Batik Air Malaysia has reappointed its former CEO Chandran Rama Muthy to helm the carrier.
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NewsVolotea secures three A320s for summer expansion
Barcelona-based Volotea has secured three more leased Airbus A320s as it aims to boost capacity for the coming summer season by around 15%.
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PodcastAirline Business Podcast: Safety and consolidation under the spotlight
In the latest episode – sponsored by Panasonic Avionics – Graham and Lewis look back on an inauspicious start to 2024 in terms of airline safety and consolidation moves.
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NewsMexican start-up Awesome Cargo eyes expanded international flights
Mexican start-up carrier Awesome Cargo is requesting authority to expand its Airbus A330 operations to the USA.
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NewsDelta asks US to reconsider decision to break up joint venture with Aeromexico
Delta Air Lines is urging the US government to reverse a January order requiring it and Aeromexico wind down their joint venture, saying the airlines played no part in a decision based on a treaty dispute.
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AnalysisIceland’s Play looks to bolster equity after seismic disruption to profit plan
Icelandic budget carrier Play aims to strengthen its equity through a move onto Iceland’s main stock market as it seeks to build a financial buffer and fuel future growth after a tough end to 2023 as travel demand to Iceland dipped amid concerns around increased seismic activity.
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NewsITA Airways on growth path as EU scrutinises Lufthansa deal
ITA Airways plans to offer summer capacity some 24% higher year on year, with a particular focus on international expansion, as it awaits the European Commission’s ruling on a potential investment from Lufthansa Group.
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NewsSAS chief looks to SkyTeam gains to outweigh ‘emotionally difficult’ Star Alliance exit
The chief executive of Scandinavian carrier SAS, Anko van der Werff, acknowledges that leaving Star Alliance – which it co-founded – is an emotionally difficult decision, but believes the potential for tighter co-operation with partners within SkyTeam provides greater opportunities.
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NewsletterCosts still in sharp focus for USA’s short-haul carriers
The recent suggestion from Wizz Air chief executive Jozsef Varadi that short-haul air travel “is a cost game, not a revenue game” has pertinence beyond that airline’s markets.
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NewsPorter Airlines names Rob Palmer new finance chief
The Toronto-headquartered carrier said Palmer had joined the company as of 7 February, after most recently working as CFO of the Calgary Airport Authority.