All Strategy articles – Page 37
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NewsWeather-related difficulties plague Southwest’s holiday operations again
A year after overseeing an operational meltdown that disrupted end-of-year travel for millions of Americans, Southwest Airlines once again struggled with weather-related difficulties during the busy winter holiday travel period.
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PodcastAirline Business Podcast: Capacity, China, conflict and consolidation – looking back on 2023
In the latest instalment of the Airline Business Podcast – sponsored by Panasonic Avionics – Graham and Lewis look back on the past 12 months for the airline industry, considering the high and low points
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NewsNorway’s competition authority approves Norwegian’s acquisition of Wideroe
Norway’s competition regulator has approved Norwegian’s acquisition of regional airline Wideroe.
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NewsSouthwest pilots to vote on tentative contract
Some 11,000 pilots represented by the Southwest Airlines Pilots Association (SWAPA) are set to vote on a tentative agreement for a new five-year contract that would run through 2028.
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NewsChina Eastern eyes Abu Dhabi link amid plan to deepen Etihad tie-up
Etihad Airways and China Eastern Airlines have signed a memorandum of understanding to deepen their strategic co-operation in commercial and operational areas, in a move they say will facilitate the latter’s ambitions to serve Abu Dhabi.
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NewsTransavia begins fleet transition with first A321neo
Dutch carrier Transavia has taken delivery of its first Airbus A321neo jet, as it begins its transition away from operating an all-Boeing 737 fleet.
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NewsSouthwest and pilots’ union agree in principle on new contract
After more than three years of often acrimonious negotiations, Southwest Airlines has an agreement in principle for a new contract with its pilots’ union.
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Airline BusinessSmith heralds Air France progress after catching up on profit with KLM
One of the most notable aspects of the improved financial performance Air France-KLM has enjoyed since the pandemic is the extent to which Air France is contributing to the group’s performance.
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NewsSunExpress to expand SAA damp-lease deal to four aircraft
Turkish leisure carrier SunExpress has signed a memorandum of understanding to double the number of aircraft it damp-leases to South African Airways for the winter 2024-2025 season.
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NewsLufthansa orders first 737 Max jets as part of deal for up to 200 narrowbody aircraft
Lufthansa Group has placed a firm order for 40 Boeing 737 Max 8s and taken options on 60 more as part of wider deal which is also set to see it add more Airbus A220 and A320neo-family jets.
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NewsAcquisition moves must be within ‘risk profile’: Air France-KLM chief
Air France-KLM chief executive Ben Smith stresses any merger and acquisition moves must not weigh the group down as it seeks to boost its profitability by €2 billion ($2.2 billion) over the next five years.
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NewsSpiceJet flags interest in move for grounded rival Go First
Indian low-cost carrier Spicejet has indicated its interest in bidding for grounded rival operator Go First.
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NewsAustralia's Rex inducts 10th 737
Australia’s Regional Express (Rex) has taken delivery of its 10th Boeing 737-800, as it looks to add at least one more narrowbody by end-June 2024.
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NewsAirAsia X chairman steps down as airline exits financially distressed status
AirAsia X chairman Mahmood Fawzy has stepped down after over a year in the role, following the carrier’s exiting financially distressed status.
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NewsSouthwest hit with $140m penalty for end of 2022 network meltdown
The US Department of Transportation on 18 December issued a $140 million penalty in response to Southwest Airlines’ system-wide operational meltdown that cancelled 16,900 flights and left 2 million passengers stranded during the height of air travel in December 2022.
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Airline BusinessWalking away from Paris Orly would be ‘a lost opportunity’: Air France-KLM chief on Transavia plan
Air France-KLM chief executive Ben Smith believes the group’s strong slot position at Paris Orly makes for too good an opportunity to walk away from, as it puts its faith in low-cost unit Transavia to deliver a profitable operation from the airport.
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Airline BusinessWhen it comes to airline M&A, is the gain still worth the pain?
The past 12 months have seen consolidation moves touch more carriers. But at the same time, the sentiment from governments and regulators appears to be hardening against airline tie-ups, raising questions about the future viability of such moves
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NewsAir Transat continues distancing itself from lows of Covid
Transat AT, parent of Canadian carrier Air Transat, squeezed out a profit and generated C$765 million ($570 million) in revenue during its fiscal fourth quarter which ended on 31 October, as the carrier distances itself from the lows of the Covid-19 pandemic.
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NewsAir France-KLM eyes €2bn improvement in operating profit by 2028
Air France-KLM is targeting a €2 billion ($2.2 billion) improvement in operating profitability over the next five years as it today sets out new long-term objectives.
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NewsUS major airlines gear up for busy end-of-year travel period
Major US carriers expect a busy end-of-year holiday travel season and record passenger figures, topping last year as well as November’s Thanksgiving holiday period.