All Strategy articles – Page 32
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NewsFedEx to ground more aircraft as profits come under pressure
Freight giant FedEx will ground more aircraft after both revenues and operating income declined during its fiscal fourth quarter due to “demand weakness and cost inflation”.
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Airline BusinessPorter Airlines chief Michael Deluce hails North American expansion with E195-E2s
Under the leadership of Michael Deluce, the Canadian regional carrier is in the early stages of its grandest-ever expansion, thanks to the arrival of its new Embraer jets
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Airline BusinessConfident industry aims to prove airport operational woes were last year’s story
The most frequently used word at IATA’s Ground Handling Council meeting in Abu Dhabi in mid-May was ‘confident’. It was a common message from airlines, airports and ground service providers alike as they predict that this year there will not be a repeat of the often-catastrophic operational delays seen at some airports in summer 2022.
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NewsAvolon satisfied with healthy order backlog
“Without question, the order book is exactly where we want it to be for the next three years,” says Andy Cronin, chief executive of global lessor Avolon, announcing the signing of a memorandum of understanding to order 20 Airbus A330neos at Paris air show on 21 June.
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NewsEmbraer eyes freighter conversion line in China as it reveals E-Jet P2F deal
Embraer signed a letter of agreement with Lanzhou Aviation Industry Development Group for 20 E-Jet passenger-to-freighter (P2F) conversions at the Paris air show on 21 June, in a deal that could see it establish a conversion facility in China.
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NewsAzul orders three more ATR 72-600s
Brazilian carrier Azul will take three more ATR 72-600 turboprops under a firm order announced at the Paris air show on 20 June.
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NewsLuxair becomes European launch customer for Boeing 737 Max 7
Luxembourg’s flag-carrier Luxair ordered four Boeing 737 Max 7 twinjets at the Paris air show on 21 June, becoming the European launch customer for the variant.
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NewsAirAsia’s Fernandes teases large aircraft order, eyes more widebodies
The AirAsia group of airlines “will definitely” be placing a large order for aircraft over “the next two years”, although it will not be adding to the flurry of order announcements at this year’s Paris air show.
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NewsInvestors line up for United Airlines-run SAF fund
United Airlines Ventures (UAV) is in “active discussions” with airlines, lessors and major oil companies to join the Sustainable Flight Fund, a venture capital fund launched and managed by United in February aimed at supporting start-up firms with technology to increase the production of sustainable aviation fuels (SAF).
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NewsPhilippine Airlines firms order for nine A350-1000s
Philippine Airlines firmed an order for nine Airbus A350-1000s at the Paris air show on 20 June.
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NewsJet2 sticks with Leap engines for A320neo follow-on order
UK leisure carrier Jet2 has chosen CFM International Leap-1A engines to power more of its incoming Airbus A320neo-family jets. The latest commitment – unveiled at Paris air show on 19 June – covers the 35 firm orders and 36 options that Jet2 announced in October last year. Source: ...
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Airline BusinessBringing clarity to airline sustainability effort also highlights fault-lines
Discussions at the recent IATA AGM reflected the industry’s progression to a new phase in its sustainability journey, where theory firmly gives way to action.
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Airline BusinessKLM chief on Schiphol, sustainability, group dynamics, pilots and Airbus switch
Marjan Rintel says the Dutch flag carrier is back on its feet after the Covid-19 crisis – but that ‘normality’ has also delivered fresh challenges
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NewsAir Baltic to open winter base in Gran Canaria
Air Baltic will open a seasonal base at Las Palmas in Gran Canaria for the upcoming winter season, as it looks to expand its footprint beyond its traditional bases.
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NewsALPA council approves deal to provide FedEx pilots 30% raise
The FedEx Master Executive Council (MEC), the governing body of the FedEx unit of the Air Line Pilots Association (ALPA), have approved a tentative pilot contract reached with the express airline last month.
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Airline BusinessAirline Business performance tracker: Europe Q1 2023
Key data from the most-recent European earnings period – the January-March 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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Airline BusinessAirline Business performance tracker: Asia-Pacific Q1 2023
Key data from the most-recent Asia-Pacific earnings period – the January-March 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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NewsUnions sue Republic Airways, Cape Air over contracts for new pilots
US regional carriers Republic Airways and Cape Air are being sued by their respective pilots’ unions for offering contracts that include financial penalties of up to $250,000 if pilots leave before completing their contracts.
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Airline BusinessAirline Business Covid-19 recovery tracker: June 2023 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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NewsAmerican, JetBlue seek to retain codeshares and frequent flier ties in US Northeast
The US Department of Justice is tussling with American Airlines and JetBlue Airways over whether the carriers should be allowed to maintain codeshares and reciprocal frequent flyer benefits in the Northeast US.