All Strategy articles – Page 208
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NewsSAA to receive R4bn funding as part of business rescue
South African Airways is to receive a R4 billion ($273 million) in funding as part of the effort to restructure the ailing flag-carrier following its placement into business rescue.
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NewsNorwegian sells Argentinian unit to JetSmart
Norwegian has sold its Argentinian subsidiary to Chilean low-cost carrier JetSmart for an undisclosed amount, as the Scandinavian group looks to cut costs and focus on core operations.
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NewsCondor restores bird logo as it separates from Thomas Cook
German leisure carrier Condor has reverted to a previous corporate logo for its fleet, distancing the airline from its collapsed former parent Thomas Cook Group.
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LATAM signs codeshare with Delta in shift away from American
South American carrier LATAM Airlines Group has signed new codeshare agreements with pending-equity owner Delta Air Lines and announced plans to discontinue its codeshare deal with American Airlines on 31 January 2020.
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HK authorities close in on troubled Hong Kong Airlines
Hong Kong Airlines (HKA) faces the prospect of being wound up by 7 December, if it fails to turn its troubled financial situation around.
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NewsEmbattled Cathay to cut capacity in 2020
Cathay Pacific will cut seat capacity by 1.4% year-on-year in 2020 as Hong Kong’s political troubles and trade tensions hurt the airline in key markets.
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South African Airways to undergo 'radical' restructuring
South Africa’s government is to undertake an extensive restructuring of South African Airways, insisting that it has run out of alternative strategies for the troubled flag-carrier.
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Investment firm I-Jet acquires EuroAtlantic
Portuguese wet-lease operator EuroAtlantic Airways has been acquired by an entity named I-Jet Aviation.
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NewsAlitalia unions challenge government over nationalisation
Alitalia trade union representatives are urging the economic development ministry to put forward a nationalisation plan for the carrier to end uncertainty over its future.
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Hong Kong Airlines cuts capacity further
Hong Kong Airlines (HKA), which has been plagued by fiscal woes, is to completely withdraw from the North American market, following a latest round of capacity cuts.
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NewsIcelandair expects 737 Max to re-enter service in March
Icelandair is expecting the Boeing 737 Max to return to service in March next year, 12 months after its grounding.
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Lufthansa's talks with cabin crew union break down again
Lufthansa’s German flight-attendant union UFO is threatening industrial action after talks in preparation for an arbitration process broke down for the second time this month.
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Plus Ultra takes first A340-600
Spanish carrier Plus Ultra has received the first of three Airbus A340-600s it will use to boost its Latin American network.
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Airline BusinessAction needed on LGBTQ diversity at airlines
A diverse and inclusive workplace is a better one, writes IATA’s Dexter Morse, but more airlines need to adopt a structured approach to the issue
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NewsAirAsia boosts third-quarter profit 5% amid strong revenue rise
AirAsia Group’s third-quarter profit rose 4.6% to more than MYR264 million ($63.3 million) as revenue and passenger numbers increased.
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Jet Airways' resolution deadline extended again
The committee of creditors (CoC) of collapsed Indian carrier Jet Airways has once again extended the deadline for the submission of a resolution plan for the company.
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IndiGo becomes latest IATA member
IndiGo has received its IATA membership certificate, becoming the fourth Indian airline and the second low-cost operator from the country to join the association.
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Fastjet blames Zimbabwean volatility for persistent losses
Fastjet Group is predicting full-year net losses of $7-8 million, which it attributes to volatility affecting its Zimbabwean operation, a division it is looking to divest.
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Fastjet looks to sell Zimbabwe arm to avert funding crisis
African budget carrier Fastjet Group is considering selling its Zimbabwe airline operation to raise capital, after disclosing that it is facing more funding pressure.