Latest stories – Page 63
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Airline BusinessOnce prolific operators, Japanese majors bid sayonara to venerable 777 ‘Classics’
Once profilic operators of the Boeing 777, Japan Airlines and All Nippon Airways have recently announced that they will cut their 777 fleets by significant numbers. While not entirely a surprise given the state of the aviation industry, this marks the passing of an era for Japanese carriers, which have been intimately entwined with programme from its infancy decades ago.
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Airline BusinessIstanbul airport chief on guiding a new hub through the Covid crisis
The chief executive of Istanbul’s nascent hub describes how the coronavirus crisis hit the business just after a huge capital investment – and how he plans to ensure it emerges from the downturn as a strong global player
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Airline BusinessSouthwest flirts with Airbus in fleet renewal
Southwest Airlines, an all-Boeing carrier since its inception almost 50 years ago, is again flirting with the idea buying aircraft from a competing airframer.
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Airline BusinessDo airlines have the management to thrive in the post-crisis market?
While industry analysts have been busy predicting how airlines might navigate their way through the crisis, Peter Davies, founder of Airline Management Group, argues the big challenge will be finding the exceptional talent and imagination in leadership needed to deliver on plans in the new normal
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Airline BusinessInterest in revived Flybe shows continued faith in regional opportunity
On this face of it, plans to revive a loss-making UK regional operation at a time when all airlines, regardless of model, are struggling to survive would seem unlikely.
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Airline BusinessWill there be an international air travel resurgence in 2021?
When this crisis reaches the 12-month mark around February/March 2021, are there any reasons to believe that things will look vastly better than they do today?
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Airline BusinessAsia-Pacific ‘travel bubbles’ fail to inflate
Despite government talk about “travel bubbles,” “green lanes” and the like, the Asia-Pacific’s biggest international air travel markets remain a long way from anything approaching normalcy. While domestic travel is picking up strongly in markets such as China and Vietnam, international travel still remains largely grounded. Three major country pairings ...
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Airline BusinessWhy weaponising British Airways’ slots is a complicated crusade
When British Airways disclosed its intention to restructure its operations under the onslaught of the pandemic, the prospect of its slashing its workforce – and the perception of corporate ruthlessness – led to an extraordinary call for retaliation within UK political circles. BA’s strategy ignited an intense parliamentary discussion which ...
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Airline BusinessCruz leaves British Airways with unfinished business
Ultimately it perhaps is not that surprising that the stepping down of IAG’s long-term group chief executive Willie Walsh should be followed by the departure of British Airways chief executive Alex Cruz. Walsh stepped down as leader of BA parent IAG in September, after delaying his initial departure to help ...
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Airline BusinessNo one-size-fits-all for European LCC approach to crisis capacity
If the narrative among pan-European low-cost carriers over recent years has been one of consistent rapid growth, the approach to restoring capacity of the leading players since the pandemic has been anything but uniform. Analysis of traffic data released by EasyJet, Norwegian, Ryanair and Wizz Air over recent days illustrates ...
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Airline BusinessCreditors face painful choice over AirAsia X
AirAsia X has asked creditors to accept an epic debt haircut, offering two painful options amid an airline industry in crisis. Announced on 6 October, the plan, if approved, would see liabilities of some MYR63.5 billion ($15.3 billion) reduced to just MYR200 million payable within the next five years at ...
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Airline BusinessAir Astana puts post-crisis focus onto domestic and leisure markets
Strong business in the Kazakh domestic market and an increased focus on point-to-point and leisure routes are key to revamped activity at Air Astana as the global pandemic continues to change the airline market.
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Airline BusinessPandemic forces Vistara to press pause on rapid growth
Indian carrier Vistara entered 2020 with plans for rapid growth, but the coronavirus pandemic has kept the airline from meeting its full potential. Vinod Kannan is chief commercial officer (CCO) at Vistara, a joint venture between Singapore Airlines and Indian conglomerate Tata Sons. He served in a number of roles ...
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Airline Business‘Antifragile’ airlines have the edge
Carriers seeking a strong recovery from coronavirus should focus on how adversity can drive change for the better, writes Shashank Nigam of airline marketing specialist SimpliFlying
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Airline BusinessSouth Africa’s airline sector can overcome challenges
The country has been hit hard by Covid-19, exacerbating connectivity challenges created by SAA’s retrenchment, but there is hope that the sector will recover, writes Zuks Ramasia, chief executive of the Board of Airline Representatives of South Africa
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Airline BusinessAirAsia’s Fernandes doubles down on digital as domestic market improves
AirAsia Group chief executive Tony Fernandes reiterated comments made earlier that its domestic and short-haul flights will recover faster, with the low-cost model better poised than its full-service counterparts.
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Airline BusinessLessors test the market with portfolio sales
Lessors typically trade an average of 550 single-aisle and 95 twin-aisle aircraft a year, based on Cirium data for the past five years, far greater than the 150 single-aisle and 16 twin-aisle aircraft from 1 January to 22 September.
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Airline BusinessFor airlines, a focus on 'getting back to 2019 ' ignores reality
As with many coronavirus crisis-related discussions – involving airlines or otherwise – it is tempting to focus on getting back to how things were, even at the cost of considering that some changes might be for the better.
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Airline BusinessTim Clark reflects on Emirates’ incredible journey
As he nears his departure after more than three decades at the heart of Emirates Airline, Tim Clark tells FlightGlobal how the Middle Eastern operator went from minnow to global player
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Airline BusinessAirlines need to look beyond the abyss
Leading indicators are helping to map the recovery path, but progress will be limited while key constraints persist, writes CTAIRA consultant Chris Tarry