All Strategy articles – Page 3
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NewsSpirit Airlines explores merger options during second bankruptcy restructuring
Spirit Airlines believes merging with another company may provide its best path to long-term viability as the ultra-low-cost carrier operates under its second bankruptcy restructuring in one year.
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NewsJudge approves Spirit Airlines to reject leases on 67 Airbus jets
Spirit Airlines moves closer to significantly reducing its fleet size after a US federal judge approved the carrier’s request to reject leases on 67 Airbus narrowbody aircraft as part of its bankruptcy restructuring efforts.
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NewsBoeing ‘really delivering aircraft these days’: Norwegian chief
Norwegian chief executive Geir Karlsen is continuing to see improvements in the quality of service the Scandinavian carrier is receiving from Boeing as it adds more 737 Max 8s to its fleet
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NewsAir Serbia to wet-lease Air Baltic A220s as it considers future fleet options
Air Serbia has signed a two-year agreement for Air Baltic to operate Airbus A220-300s on its behalf in an expansion of an existing relationship between the carriers.
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NewsAirAsia divestment set for December after regulatory exemption granted
Malaysia-headquartered Capital A is set to complete the sale of its aviation business to sister company AirAsia X by December.
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NewsAbra Group boosts order book with A330neo and A320neo commitments
Avianca and Gol parent Abra Group has announced commitments for seven Airbus A330neo jets and 50 more A320neos as it expands it order book.
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NewsAbra to become a publicly traded US company
Abra Group, parent company of Latin American airlines Avianca and Gol, intends to become a publicly traded US company.
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NewsCaribbean Airlines CEO Gavin Medera resigns as airline undergoes turbulent transition
The airline’s board confirmed Medera’s departure on 13 October, saying chief operating officer Nirmala Ramai has stepped in as acting CEO to “ensure continuity and stability”.
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NewsSupply-chain delays adding $11bn to airline costs this year: IATA
A study carried out by IATA and consulting firm Oliver Wyman estimates that aerospace supply-chain issues are costing the global airline industry more than $11 billion this year.
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NewsVirgin Atlantic operating chief Koster to replace Weiss as CEO
Virgin Atlantic chief executive Shai Weiss will stand down on 31 December 2025 after seven years leading the UK carrier, to be replaced by chief customer and operating officer Corneel Koster.
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NewsAvi8 Air Capital claims to have initiated FAA certification for potential Pan Am airline relaunch
An effort to potentially relaunch the Pan Am brand as a “scheduled commercial airline” has gotten more serious, with Avi8 Air Capital recently completing a business plan and claiming to have initiated certification with the Federal Aviation Administration.
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NewsIndian carriers ramp up UK operations
India’s two largest carriers will be increasing capacity to the UK, amid strong demand for travel between the two countries.
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NewsRiyadh Air to launch Heathrow flights with restricted ticket sales
Saudi start-up Riyadh Air will commence flights on 26 October using its “technical spare” Boeing 787-9 twinjet for daily services to London Heathrow, although tickets will not be on general sale for now. Riyadh Air says the flights will “initially be on sale to select groups and [airline] employees” and ...
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NewsMesa Air Group delays shareholder meeting amid Republic merger, triggering Nasdaq warning
Mesa Air Group has postponed its annual shareholder meeting due to its pending merger with Republic Airways, prompting a compliance warning from the Nasdaq stock exchange over listing requirements.
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NewsMHI RJ insists 50-seat jets will remain active until 2040
MHI RJ Aviation disputes ATR’s forecast that US carriers will retire most 50-seat jets within a decade, arguing the aircraft will remain essential until 2040 with no comparable replacements available.
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NewsSpirit Airlines to reject 27 Airbus aircraft leases under new AerCap deal
Spirit Airlines has revised terms with primary lessor AerCap, as the ultra-low-cost carrier continues restructuring efforts during Chapter 11 proceedings.
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NewsWestJet confirms passenger data accessed in June cybersecurity breach
Canadian carrier WestJet confirms a recent cybersecurity breach resulted in unauthorised access to some sensitive passenger information, though credit card details and passwords were uncompromised.
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NewsPlay ceases operations amid ‘deep-rooted challenges’
Icelandic low-cost carrier Play has ceased operations, blaming a “weaker-than-expected” performance in recent months that was exacerbated by “negative media coverage” of its operations.
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NewsAbra Group terminates Gol-Azul combination talks
Abra Group has ceased exploring a business combination that would have seen member carrier Gol form Brazil’s largest airline with compatriot Azul after tie-up talks stalled in recent months.
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NewsAir Canada reveals C$430 million revenue loss due to cabin crew strike
Air Canada has warned that its third-quarter results took a heavy blow from the flight attendants strike that cancelled thousands of flights in mid-August