All Strategy articles – Page 3
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NewsCopa posts 61% higher Q3 profit as demand climbs
Copa Holdings, the parent company of Copa Airlines, reported a third-quarter profit on higher demand and stable expenses, as the cost of jet fuel fell by one-fifth.
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AnalysisEtihad chief sees carrier entering third decade with renewed growth opportunity
While Etihad Airways has kept a relatively low profile in terms of aircraft orders at this week’s Dubai air show, the long-awaited opening of a brand-new terminal at its Abu Dhabi home and a renewed growth mandate means the airline is back on the front foot after a period of consolidation
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NewsSingapore Airlines, Philippine Airlines enter into codeshare agreement
Singapore Airlines has entered into a codeshare agreement with Philippines Airlines, adding to its growing list of regional partners.
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NewsKorean Air, Asiana see drop in profit amid rising costs, cargo weakness
South Korea’s two largest carriers reported a decline in their third-quarter profits, as a jump in operating costs outpaced a rise in revenues from increased passenger traffic.
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NewsCargojet names co-chief executives to succeed Ajay Virmani
Canada’s Cargojet has named two long-time members of its C-suite team as co-chief executives, with current CEO Ajay Virmani to become executive chairman.
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NewsAzul reports record adjusted profit as fleet transition pays off
Brazil’s Azul earned a R1.6 billion ($319 million) adjusted third-quarter operating profit as passenger and cargo demand remained strong during the traditionally weaker southern hemisphere winter season.
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InterviewWhy start-up Play is not rushing for growth despite reaching profit landmark
Icelandic budget carrier Play turned its first profit in the third quarter after a bright summer, but two and half years into the project, chief executive Birgir Jonsson is making sure the airline does not drift away from the basics
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NewsEtihad’s Neves sees aircraft shortage as key challenge
Etihad Airways chief executive Antonoaldo Neves believes supply chain challenges are likely to remain an issue impacting aircraft availability for the next two or three years, as the Abu Dhabi carrier embarks on its third decade with a fresh growth vision.
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NewsCebu Pacific to ground up to 20 jets through 2024 as PW1100G woes crimp growth
Cebu Pacific expects to ground 10 Pratt and Whitney PW1100G-powered jets in January alone, with up to 20 aircraft likely to be taken out of operations through next year.
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NewsCebu Pacific flags slower China recovery amid swing to Q3 profit
Cebu Pacific is seeing slow recovery into Mainland China, as it takes a “wait and see” approach to fully restoring capacity into the country.
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NewsVietnam Airlines becomes AAPA’s newest member
Vietnam Airlines has joined the Association of Asia Pacific Airlines (AAPA), becoming the trade body’s 15th member.
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NewsThai Airways doubles third-quarter profit despite competition and economic concerns
Thai Airways International nearly doubled its operating profit for the third quarter, amid an uptick in tourism arrivals, and despite concerns over economic uncertainty.
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NewsAvianca posts profit as it scrambles to fill Colombian capacity needs
Avianca reported a profit for the third quarter of 2023, as passenger demand remains strong following the demise of two domestic airlines, pushing the company’s results beyond figures in its original business plan.
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NewsCharter carrier GlobalX loses $4.9m amid Q3 pilot hiring spree
South Florida start-up carrier Global Crossing Airlines (GlobalX) reports a third-quarter loss of $4.89 million as it ramped up pilot hiring to keep pace with its rapidly growing fleet.
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InterviewUnited Airlines’ customer chief on ‘day of travel’ power of the airline app
While United Airlines' customers are able to engage across a range of platforms and timeframes, for the carrier's chief customer officer Linda Jojo many of the advances with airline apps centre around their ability to support ‘day of travel’ functionality.
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AnalysisLow nose-loading appetite leaves 747-8F as capability’s last stand
Low airline appetite for nose-loading freighters means the Boeing 747-8F is currently on course to be the capability’s swansong in terms of purpose-built commercial aircraft, despite it featuring on around 250 in-service examples today, according to speakers at The International Air Cargo Association’s (TIACA’s) Executive Summit in Brussels.
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NewsletterAir cargo leaders look deep into 2024 for demand uptick
Sentiment in the air cargo market continues to trend sharply below Covid-era highs, as rising capacity, lower rates and weak demand trends contribute to a challenging backdrop for the sector.
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NewsUS airlines gearing up for ‘busiest ever’ Thanksgiving holiday travel period
US airlines are gearing up for a major holiday travel weekend as demand for air travel over the upcoming Thanksgiving travel period is higher than both last year and pre-pandemic 2019.
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NewsFrontier to open crew base in Cleveland with 400 employees
US ultra-discounter Frontier Airlines plans to open a crew base that will employ hundreds at Cleveland Hopkins International airport starting in March.
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AnalysisCan European airline group consolidation aims come to fruition?
Consolidation is very much in the air for the three big European airline groups, all of whom are in the process of trying to get acquisitions done and with the prospect of a move for TAP Air Portugal still in the offing.