All Strategy articles – Page 12
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NewsDomestic air travel recovered from Covid and international catching up, says IATA
Domestic air travel demand has “fully recovered” from the Covid-19 crisis, according to IATA, with overall global traffic now less than 10% down on 2019 levels as international markets catch up.
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NewsChina Southern to raise over $2.8 billion to fund new aircraft purchase
China Southern Airlines is set to undertake two share issuances, which will see it raise funds for new aircraft, as well as its working capital.
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NewsAirAsia Aviation sees ‘promising improvement’ in Q1 earnings as travel demand returns
AirAsia Aviation swung back to the black in their first-quarter earnings on the back of strong international travel growth, as it eyes a “return to normalcy” this year.
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NewsAmerican Airlines will appeal decision to dissolve Northeast Alliance: CEO
American Airlines will appeal the court ruling that requires it to dissolve its so-called “Northeast Alliance” with JetBlue Airways.
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NewsO’Leary urges fresh EC competition approach on state aid and acquisitions
Ryanair chief executive Michael O’Leary believes the carrier’s recent run of court victories in overturning Covid state aid should prompt European competition regulators to review their approach to such decisions.
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NewsUnited Airlines' finance chief Laderman to retire in 2024
United Airlines’ chief financial officer Gerry Laderman has informed the company of his intention to retire in September 2024 following more than three decades of service.
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NewsFedEx reaches tentative agreement with pilots
Pilots at FedEx have reached a tentative agreement with the cargo carrier that averts threatened strike action, according to the Air Line Pilots Association, International (ALPA) union.
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NewsGaruda trims fleet forecast but seeks more 737s
Garuda Indonesia is to add five more Boeing 737-800s as traffic recovery continues apace, though the airline has slashed its expected fleet size by the end of the year.
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InterviewBhat looks to the long-term at Lufthansa cargo
Ashwin Bhat takes over after the cargo business reported record operating profits for three years in a row, but since then the market has weakened with both rates and volumes declining.
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NewsQantas flags network growth prospects as it touts new fleet advantages
Qantas has teased the prospect of expanding its international network as it moves closer to taking delivery of the first of many new aircraft under its long-term fleet renewal programme.
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NewsQantas bets on Project Sunrise, international network in long-term earnings target
Qantas expects profit margins from international flying to double in the coming years, with the soon-to-launch ‘Project Sunrise’ ultra-long-haul flights forecast to give a significant boost to earnings.
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NewsAirAsia X mulls Central Asia, Istanbul foray, as China network gets boost
AirAsia X is considering plans to launch flights from Malaysia to Istanbul, as well as “potentially” to cities in Central Asia, as it ramps up flying to Mainland China in the near-term.
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NewsSIA, Garuda eye capacity ramp-up in proposed joint venture
Singapore Airlines and Garuda Indonesia are looking to enter into a joint-venture agreement which will see the two carriers expand their existing partnership and potentially increase capacity between Singapore and Indonesia.
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NewsSpohr sees ITA low market share making case for quick competition approval
Lufthansa Group chief executive Carsten Spohr argues the relatively weak market share of ITA Airways means there is a case for European regulators to deliver an early approval for its planned acquisition of a stake in the Italian carrier.
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NewsletterAir cargo outlook mixed amid falling demand but high yields
The air cargo market is facing a set of challenges in 2023 that mean its pandemic-era demand highs are firmly in the rear-view mirror.
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NewsSpohr confident ITA Airways can be profitable in 2025
Lufthansa chief executive Carsten Spohr believes ITA Airways can be profitable in 2025 if it can secure regulatory approval this year for its acquisition of a minority stake in the Italian carrier.
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NewsChina Eastern schedules C919 commercial debut on 28 May
China Eastern Airlines appears set to operate the first commercial flight of the Comac C919 twinjet in the coming days, some five months after taking delivery of the aircraft.
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NewsITA Airways takes delivery of first Airbus A330neo
ITA Airways has taken delivery of its first Airbus A330-900 today at a ceremony in Toulouse, the fourth new Airbus type the Italian carrier has introduced since its launch in October 2021.
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AnalysisLufthansa returns to growth ambitions with ITA deal
Lufthansa Group has agreed on options to potentially acquire the remainder of ITA Airways after striking a deal today to purchase 41% of the Italian carrier.
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NewsDissolution of NEA will have no ‘meaningful’ impact on American’s earnings: CFO
American Airlines says that the dissolution of its so-called “Northeast Alliance” (NEA) with JetBlue Airways will not have a “meaningful” impact on the carrier’s earnings.