All Strategy articles – Page 152
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NewsHSBC slashes first-half outlook for Europe’s carriers
Prospects for Europe’s airlines in the first quarter of 2021 have deteriorated notably in recent weeks, but bank HSBC expects intra-European and possibly transatlantic passenger numbers to bounce back for the summer season.
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Airline BusinessWhat does Norwegian exit mean for long-haul, low-cost adventure?
Norwegian is ditching the long-haul, low-cost model it pioneered over the past decade, but will the carrier’s legacy be a longer lasting impact on the transatlantic market?
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NewsVirgin Australia shakes up management team under new chief
Virgin Australia has announced six appointments to its 10-member executive leadership team, under new chief executive Jayne Hrdlicka.
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NewsChina's 'Big Three' cap off 2020 with lower passenger traffic results
China’s three largest carriers reported year-on-year declines in their full-year traffic results for 2020 as the coronavirus outbreak impacted travel demand, particularly in their international networks.
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NewsUS airlines begin tapping into government aid
The US government has begun disbursing $15 billion in payroll assistance to airlines, which have been eagerly awaiting the financial relief ever since an earlier programme expired in September.
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AnalysisUS airline unions seek mask mandate from Biden
US president-elect Joe Biden after his inauguration on 20 January plans to enact a federal mandate for interstate travellers on aircraft, trains and buses to wear masks after the Trump administration refused petitions from both airlines and pilot unions to order a mask rule.
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Airline BusinessIndian airlines brace for transformational 2021
Three major themes will shape India’s airline sector this year: vaccinations, a battle for survival at India’s smaller carriers, and consolidation.
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NewsDelta Air Lines’ 2020 loss tops $12 billion in ‘toughest year’
Delta Air Lines reported a fourth-quarter net loss of $755 million as the carrier endured what the it calls “the toughest year in Delta’s history”.
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NewsAerospace leaders see clearing skies, eye post-Covid air travel boom
Things might get worse for the global aerospace industry before they get better. But the industry will recover, likely starting this year, thanks to vaccine distribution and pent-up demand for air travel.
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NewsAir Canada to expand cargo business through 767 sale, leaseback
Air Canada is having two passenger Boeing 767-300ERs converted to freighters, and also selling the jets and leasing them back.
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NewsNorwegian to exit long-haul market
Troubled low-cost carrier Norwegian is abandoning its long-haul network as it sets out a scaled-back business model focused on Norwegian domestic, regional Scandinavian, and key European services. “Our short-haul network has always been the backbone of Norwegian and will form the basis of a future resilient business model,” states chief ...
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NewsSIA issues $500 million dollar-denominated discount bonds
Singapore Airlines plans to issue $500 million of bonds at a discount to par.
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Airline BusinessCanadian airlines’ coronavirus anguish far from over
Canadian airlines continue to struggle as the coronavius forces more job cuts, smaller networks and louder calls for government assistance.
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NewsUnited waives fare change charges for US-bound customers
United Airlines is waiving fare difference charges for international passengers who choose to travel to the United States before the nation’s blanket coronavirus testing requirement begins on 26 January.
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NewsDelta hires former Bombardier chief executive Bellemare
Delta Air Lines has named former Bombardier chief executive Alain Bellemare to be its new President-International, the carrier says.
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NewsAir Canada cuts more jobs and capacity
Air Canada will once again reduce its employee count and shrink its network, citing new Canadian travel restrictions aimed at mitigating the spread of the coronavirus.
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NewsThai Airways on track with rehabilitation plan: president
Thai Airways acting president Chansin Treenuchagron has offered reassurance that the carrier is working “diligently” to ensure its rehabilitation plan will be submitted by its “specified timeframe”.
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NewsCondor files complaint after Lufthansa ends feeder deal
German leisure carrier Condor has complained to federal competition authority Bundeskartellamt about Lufthansa Group’s decision to terminate a feeder flight agreement.
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NewsRegional jets will be ‘tactical weapon’ in airline recovery: CityJet chief
Regional jets are likely to become an important tool for Europe’s mainline carriers as the recovery from the Covid-19 crisis begins, according CityJet chief executive Pat Byrne.
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NewsAustrian to start 767 phase-out in March
Austrian Airlines is preparing to retire Boeing 767s as part of a wider fleet-reduction effort.