All Strategy articles – Page 17
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NewsNorway's Flyr ceases operations after financing fails
Struggling Norwegian carrier Flyr has ceased operations and is to file for bankruptcy on 1 February after failing to secure new financing.
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ALPA-represented JetBlue pilots win 21.5% pay raise with new contract
JetBlue Airways’ pilots approved on 30 January a two-year contract extension that includes a 21.5% pay increase over 18 months.
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Frontier Airlines to expand Puerto Rican presence in May
Frontier Airlines plans in May to add several new routes to Puerto Rico as part of an expansion that will see the airline launch its first flights to the US territory’s city of Ponce.
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Australian LCC start-up Bonza commences operations
Australian low-cost start-up Bonza has operated its first commercial flight, less than three weeks after clinching its air operator’s certificate.
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Jet operations keep Rex profitable in December
Australia’s Regional Express (Rex) remained in the black for the third consecutive month in December, helped by improving profitability in its domestic jet operations.
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‘Arduous challenges’: Chinese carriers eye massive losses in 2022
China’s three largest airlines are expected to continue their loss-making streak, and anticipate record losses for 2022.
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Allegiant Air shuffles executive leadership team
Allegiant Travel Company has made further changes to its C-suite days after accepting the resignation of co-president and chief operating officer Scott Sheldon.
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Flyr finances ‘critical’ as it fails to raise funds
Norwegian carrier Flyr is in a fight for survival after the failure of its financing plan put paid to a key wet-leasing deal.
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Lufthansa’s first reactivated A380 lands in Philippines for C-check
The first Airbus A380 reactivated by Lufthansa has arrived in the Philippines for maintenance work ahead of its return to service later this year.
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Scott Sheldon steps down as president of Allegiant Air
Allegiant Travel Company, parent of Allegiant Air, has accepted the resignation of co-president and chief operating officer Scott Sheldon, prompting a reshuffling of the airline’s executives.
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Italy signs letter of intent with Lufthansa to kick-off ITA stake talks
Italy’s government has signed a letter of intent with Lufthansa as it opens talks with the carrier over the acquisition of ITA Airways.
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Varadi hopeful on improved Wizz operational resilience
Wizz Air chief executive Jozsef Varadi believes air traffic control delays are likely to provide the biggest challenge this summer as the carrier bids to avoid a repeat of the operational disruption it suffered last year.
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Air India teases ‘historic’ aircraft order as airline marks first year under Tata ownership
Air India is expected to make an imminent aircraft order announcement, as new owners Tata Sons today marked a year since they took control of the carrier.
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Newsletter
Why does United Airlines chief think competitors are ‘in denial’?
Having been outspoken on the path of the Covid-19 pandemic, United Airlines chief executive Scott Kirby is now suggesting his airline’s peers are misreading the industry’s route out of the crisis. “Most, or perhaps all, of our competitors will get on their [earnings] calls… and tell you [it was a] ...
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Indonesia AirAsia ‘planning’ for A330 operations amid fleet ramp-up
AirAsia Aviation Group is planning to operate Airbus A330s from Indonesia for medium- to long-haul operations, as it reiterates its commitment to growing its presence in the country.
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Southwest end-year meltdown costs $800 million, leads to Q4 loss
Southwest Airlines lost $220 million during the fourth quarter of 2022 after it was battered by a system-wide meltdown during the busiest travel days of the end-of-year holiday season.
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Alaska posts $58m full-year profit on record revenues
Alaska Air Group posted record full-year operating revenues of $9.65 billion in 2022 and a net profit of $58 million for the year.
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Pilot shortages holding back American’s expansion
Pilot availability is still limiting the size of American Airlines’ operation, through the carrier says it has ramped pilot training to accommodate its planned 2023 fleet expansion.
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JetBlue posts $24m profit in Q4 as travel spending outruns costs
JetBlue Airways posted a $24 million profit in the final quarter of the year as end-of-year travel spending rose to compensate for higher costs, especially for jet fuel.
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Wizz Air summer expansion based on ‘safe’ network growth: Varadi
While Wizz Air plans to increase its capacity 30% this summer, the airline’s chief executive Jozsef Varadi believe this represents a safe way of growing, given expansion is weighted on adding frequencies and has a focus on maturing markets.
