All Strategy articles – Page 17
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NewsFrontier reports lacklustre Q3 results as it struggles in ‘over-saturated’ core markets
Frontier Group Holdings struggled with soft third-quarter demand in its core markets and operational difficulties that company executives attribute to air traffic controller shortages.
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NewsFrontier adopting European ultra-discounter strategies amid ATC-related disruptions
Biffle describes how the Denver ultra-low-cost carrier is shifting its network and capacity strategy partly in response to ongoing operational difficulties it attributes to ATC staffing shortages.
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NewsSpirit Airlines posts ‘disappointing’ third-quarter results on price weakness
Spirit Airlines lost $158 million in the third quarter of 2023 as the carrier experienced price weakness in its core markets.
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AnalysisAir France chief outlines €1bn SAF cost challenge
Air France would face an annual cost increase of around €1 billion if it were to reach 10% sustainable aviation fuel useage by 2030 at today’s prices, according to the carrier’s chief executive Anne Rigail.
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NewsJetBlue urges DOT ’countermeasures’ against KLM over potential Schiphol slot losses
JetBlue Airways recently called on the US Department of Transportation (DOT) to retaliate against Dutch carrier KLM if JetBlue is expelled from Amsterdam’s Schiphol International airport due to capacity cuts.
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NewsVolaris posts third-quarter loss, gears up for GTF mitigation and more US flights
Mexican discount carrier Volaris lost $39 million in the third quarter of 2023 and is planning to beef up its service to the USA while warning about flight disruptions caused by Pratt & Whitney (P&W) engine issues.
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In depthCaribbean carriers seek collaborations to attract Latin American vacationers
As small Caribbean and Central American airlines struggle with taxation and infrastructure issues that also plague their much larger Latin American peers, the carriers are working on creative ways to boost connectivity and attract an increasingly travel-savvy South American clientele to their part of the hemisphere.
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NewsLufthansa evaluates A220 and E-Jets as it confirms City Airlines will fly in 2024
Lufthansa Group has confirmed that new short- and medium-haul carrier City Airlines will begin flights in the summer of 2024, operating out of its Frankfurt and Munich hubs.
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NewsHawaiian Holdings loses $49m amid Q3 engine issues and sagging demand
Hawaiian Holdings reported a second-quarter loss of $48.7 million during the third quarter as the airline company continues to be affected by engine issues and the Maui wildfires.
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NewsTAP enjoys high yields during profitable third quarter
TAP Air Portugal has reported a profitable third quarter during which its revenues were significantly above pre-pandemic levels, as it “accelerated” its recovery from the Covid-19 pandemic downturn.
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NewsLatin American airlines fear being left behind in race to secure SAF
Latin American airlines are concerned they may be left behind in the race to secure enough sustainable aviation fuel (SAF) to help achieve carbon neutrality by 2050.
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NewsSpirit grounded A320s for airframe bracket inspections: FAA
The inspections that recently grounded 25 Spirit Airlines’ jets and caused dozens of flight cancellations across the carrier’s network involve potential fatigue cracking around airframe brackets on Airbus A320-family aircraft.
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NewsAir Canada begins retrofitting cabins of A320-family jets
The Montreal-based carrier recently rolled out changes to its Airbus A320 cabins, including new exterior cameras, upgraded seating, larger overhead bins, Bluetooth audio and colourful LED lighting throughout the cabin.
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AnalysisMexican airline growth story impresses despite state interventions
The country’s airlines are powering out of Covid-19 but airport and competitive challenges complicate the outlook
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NewsAir Transat’s CFO Patrick Bui to leave company
Patrick Bui, chief financial officer of Canadian airline company Transat AT, plans to leave his role on 15 December to “pursue another carrer opportunity” as CFO for Canadian discount store chain Dollarama.
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NewsSalamAir appoints acting chief executive
Omani low-cost carrier SalamAir has appointed Ahmed Mohammed Al-Shidhani as acting chief executive following the departure of Mohamed Ahmed. No reason was given for the change. The move follows Oman Air stating in August that it expects to develop closer ties with SalamAir under a restructuring plan outlined by the ...
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NewsIcelandair achieves record quarterly revenue despite weak cargo results
Icelandair achieved its highest-ever quarterly revenue during the seasonally strong July-September period, even as the weakness of cargo markets weighed on its results.
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NewsAirAsia X hits roadblock in bid to shed financially distressed status
Malaysian stock exchange Bursa Malaysia has rejected AirAsia X’s application to officially exit its status as a financially distressed entity, dealing a blow to the carrier’s recovery plans.
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NewsFrontier names former CFO James Dempsey as president
Frontier Group Holdings has named longtime chief financial officer James Dempsey to president of the company.
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NewsAlaska Air Group increases Q3 profits while business travel lags
Alaska Air Group reports increased profits and generated about $2.8 billion of revenue during the third quarter, which company executives attribute to strong operational performance and “cost discipline”.