All Strategy articles – Page 29
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NewsCanada’s Transat AT names Sebastian Ponce chief revenue officer
Transat AT, parent of Canadian leisure carrier Air Transat, has appointed Sebastian Ponce as chief revenue officer as it continues searching for profitability.
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Airline BusinessEurope’s airlines heartened by sharp change in perception of industry
Thanks to its founding mission, Airlines for Europe (A4E) might be naturally inclined towards pointing out things that need improving in the policy and regulatory sphere, but the European airline association also used its annual summit on 20 March to highlight a fundamentally positive development for the region’s carriers.
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NewsMalaysia Airlines parent betters 2023 profit amid premium push
Malaysia Aviation Group (MAG) improved its operating profit in 2023 – and posted its first net profit post-restructuring in 2015 – on the back of strong premium traffic and the return of international passenger demand.
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NewsSouthwest pilots’ union prepares in case airline seeks acquisitions
The head of Southwest Airlines’ pilot union sees troubling cracks in the carrier’s operating metrics and has approved a plan to prepare the union in case Southwest responds by seeking to acquire another airline.
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NewsJetBlue trims ‘unprofitable’ routes from network in bid for stability
JetBlue Airways is cutting “unprofitable” routes across its network in an attempt to boost its financial performance in the absence of the carrier’s recently deceased deal to acquire Spirit Airlines.
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NewsWestJet chief operating officer Pen adds president role
Canada’s WestJet has named chief operating officer Diederik Pen to the post of president, effective on 1 April.
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NewsAir France-KLM boss hits out at unfair Dutch ‘greenwashing’ ruling
Air France-KLM chief executive Ben Smith has described a Dutch court ruling over alleged ‘greenwashing’ as unfair.
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News’ITA deserves a future’: Lufthansa chief
Lufthansa Group chief executive Carsten Spohr is “optimistic” about the business securing a stake in Italian carrier ITA Airways as the European Commissions nears a crucial stage of its investigation into the deal.
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NewsFormer GlobalX CEO proposes Florida air taxi operations under new brand ‘UrbanLink’
Airline entrepreneur Ed Wegel has revealed plans to launch electric air taxi operations in Florida under new brand UrbanLink, only days after he announced new Airbus A220 operator Air Flo.
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Airline Business‘Never seen such a brand before’: AirAsia Cambodia eyes growth despite tax challenges
Armed with the backing from parent AirAsia Aviation, AirAsia Cambodia hopes to make a splash in the country’s fledgling, but fragmented, aviation sector.
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Airline BusinessHow ANA president Shinichi Inoue is hitting a home run, and then some
ANA president and chief executive Shinichi Inoue is overseeing the airline’s next stage of growth, with a new medium-haul sister unit, European expansion on the cards and promising financial results.
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NewsDelta rallies stakeholders to defend threatened Aeromexico joint venture
Delta Air Lines has assembled a wide coalition of businesses, trade groups, lawmakers and governors in opposition to a US government decision that stands to force Delta and Aeromexico to end their joint business.
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NewsULCC JetSmart launches domestic operations in Colombia
Chilean ultra-low-cost carrier JetSmart has launched its operations in Colombia after securing an air operator certificate (AOC) from the country’s aviation regulator, Aerocivil.
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NewsAirAsia Cambodia to launch in May, with international flights following in third quarter
AirAsia’s Cambodian unit will commence operations on 2 May, as the low-cost operator looks to drive tourism demand into the country.
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Airline BusinessFreshly listed Air Astana eyes more growth after profitable 2023
Kazakhstan’s Air Astana Group is eyeing further growth this year after continued expansion of its low-cost subsidiary FlyArystan helped it lift its adjusted EBITDA slightly to $301 million in 2023.
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Airline BusinessVolotea chief Carlos Munoz has IPO ambition for carrier committed to being different
After a turbulent three years amid the pandemic and then the impact of rapidly rising fuel costs, Volotea under founding chief executive Carlos Munoz has renewed confidence thanks to a strong 2023 and encouraging start to this year
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Airline BusinessSoftening yields and staffing crunch temper Cathay profit return celebrations
Cathay Pacific’s turnaround from pandemic-led losses to record profitability is a long time coming, but the airline’s executives are acutely aware the celebratory mood will not be for long.
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Airline BusinessWhy Aegean Airlines is prioritising scheduled business in bid to ride out GTF disruption
Aegean Airlines aims to grow scheduled capacity by around 7% this year despite the pressure the Greek carrier faces on aircraft availability due to ongoing maintenance issues related to the Pratt & Whitney GTF engines that power its Airbus A320neo-family aircraft.
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NewsCathay begins mid-sized widebody renewal campaign with orders to come in next few years
Cathay Pacific’s ongoing campaign for new mid-sized widebody jets is “still in its early days” with the airline expecting to place an order only in the next few years.
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NewsCathay reports record annual profit as full recovery pushed back to 2025
Cathay Pacific Group swung to a full-year net profit in 2023 – for the first time in four years – as it pushes back its full recovery forecast and flags a normalisation of yields and “ongoing” manpower and supply chain headwinds.