All Strategy articles – Page 17
-
News
Hawaiian’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.
-
News
Air 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
-
Airline Business
Norwegian ‘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
-
Airline Business
Will 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.
-
Airline Business
Finnair ‘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.
-
News
Former Batik Malaysia chief Chandran returns to the helm
Batik Air Malaysia has reappointed its former CEO Chandran Rama Muthy to helm the carrier.
-
News
Volotea 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%.
-
Podcast
Airline 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.
-
News
Mexican 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.
-
News
Delta 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.
-
Airline Business
Iceland’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.
-
News
ITA 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.
-
News
SAS 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.
-
Airline Business
Costs 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.
-
News
Porter 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.
-
News
Spirit pushes back on ‘misguided narrative’ about stability without JetBlue
Spirit Airlines executives maintain that the company has the financial resources necessary to succeed in the absence of a tie-up with JetBlue Airways.
-
News
Spirit Airlines lowers Q1 capacity expectations on GTF engine woes
Spirit Airlines has reduced its capacity forecast for the first quarter as the scope of its Pratt & Whitney geared turbofan (GTF) engine issues come into focus.
-
News
Copa forecasts healthy Latin American air-travel demand through 2024
Copa Airlines expects the robust travel demand and profits it saw last year to continue through 2024, even as its growth takes a hit from the Boeing 737 Max 9 grounding.
-
News
GlobalX seeking new chief executive following Ed Wegel’s resignation
Global Crossing Airlines is searching for a new chief executive after the resignation of founding leader Ed Wegel.
-
News
Martin St George returns to JetBlue amid financial turbulence
JetBlue Airways is turning to a familiar figure during a turbulent period, appointing Martin St George president of the company, effective 26 February.