All Strategy articles – Page 43
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NewsClarity on Lisbon airport important in TAP bid decision: Air France-KLM chief
Air France-KLM is seeking clarity on plans for new airport capacity in Lisbon, as it considers its involvement in the privatisation of flag-carrier TAP Air Portugal
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NewsAir France-KLM foresees ‘biggest benefits’ from SAS joining transatlantic JV
Air France-KLM sees SAS’s eventual membership of its transatlantic joint venture as the “biggest benefit” from its investment in the carrier, arguing that the Scandinavian operator has been “held back” from from fully capitalising on its strengths.
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Airline BusinessWhy Latin American airline sector struggles to make money
While it is hardly unusual to hear airline leaders calling for lower taxes and better infrastructure, the frustrations voiced by Latin American airline leaders come against a backdrop where region-wide profitability remains elusive despite traffic and revenue highs.
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NewsAir France-KLM cites strong summer demand as Q3 operating profit hits €1.3bn
Air France-KLM saw its operating performance hit record levels during the peak summer months amid strong passenger demand, prompting it to maintain a positive outlook for the rest of the year.
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NewsMexico’s VivaAerobus posts $56m profit during third quarter
Mexican low-cost carrier VivaAerobus earned $56 million during the third quarter of 2023, its second consecutive quarter with a profit, as demand was high and fares improved.
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NewsSkyWest profitable in Q3 as block hours fall
US regional carrier SkyWest Airlines earned $23.5 million during the third quarter, down from $48.3 million last year as it flew 10% fewer block hours.
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NewsSouthwest third-quarter profit falls 30% to $193m as expenses rise
Southwest Airlines reported a 30% decline in profit as increasing costs outweighed strong leisure demand and additional ancillary and loyalty programme revenue during the summer travel season.
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NewsFrontier reports lacklustre Q3 results as it struggles in ‘over-saturated’ core markets
Frontier Group Holdings struggled with soft third-quarter demand in its core markets and operational difficulties that company executives attribute to air traffic controller shortages.
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NewsFrontier adopting European ultra-discounter strategies amid ATC-related disruptions
Biffle describes how the Denver ultra-low-cost carrier is shifting its network and capacity strategy partly in response to ongoing operational difficulties it attributes to ATC staffing shortages.
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NewsSpirit Airlines posts ‘disappointing’ third-quarter results on price weakness
Spirit Airlines lost $158 million in the third quarter of 2023 as the carrier experienced price weakness in its core markets.
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Airline BusinessAir France chief outlines €1bn SAF cost challenge
Air France would face an annual cost increase of around €1 billion if it were to reach 10% sustainable aviation fuel useage by 2030 at today’s prices, according to the carrier’s chief executive Anne Rigail.
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NewsJetBlue urges DOT ’countermeasures’ against KLM over potential Schiphol slot losses
JetBlue Airways recently called on the US Department of Transportation (DOT) to retaliate against Dutch carrier KLM if JetBlue is expelled from Amsterdam’s Schiphol International airport due to capacity cuts.
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NewsVolaris posts third-quarter loss, gears up for GTF mitigation and more US flights
Mexican discount carrier Volaris lost $39 million in the third quarter of 2023 and is planning to beef up its service to the USA while warning about flight disruptions caused by Pratt & Whitney (P&W) engine issues.
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Airline BusinessCaribbean carriers seek collaborations to attract Latin American vacationers
As small Caribbean and Central American airlines struggle with taxation and infrastructure issues that also plague their much larger Latin American peers, the carriers are working on creative ways to boost connectivity and attract an increasingly travel-savvy South American clientele to their part of the hemisphere.
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NewsLufthansa evaluates A220 and E-Jets as it confirms City Airlines will fly in 2024
Lufthansa Group has confirmed that new short- and medium-haul carrier City Airlines will begin flights in the summer of 2024, operating out of its Frankfurt and Munich hubs.
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NewsHawaiian Holdings loses $49m amid Q3 engine issues and sagging demand
Hawaiian Holdings reported a second-quarter loss of $48.7 million during the third quarter as the airline company continues to be affected by engine issues and the Maui wildfires.
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NewsTAP enjoys high yields during profitable third quarter
TAP Air Portugal has reported a profitable third quarter during which its revenues were significantly above pre-pandemic levels, as it “accelerated” its recovery from the Covid-19 pandemic downturn.
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NewsLatin American airlines fear being left behind in race to secure SAF
Latin American airlines are concerned they may be left behind in the race to secure enough sustainable aviation fuel (SAF) to help achieve carbon neutrality by 2050.
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NewsSpirit grounded A320s for airframe bracket inspections: FAA
The inspections that recently grounded 25 Spirit Airlines’ jets and caused dozens of flight cancellations across the carrier’s network involve potential fatigue cracking around airframe brackets on Airbus A320-family aircraft.
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NewsAir Canada begins retrofitting cabins of A320-family jets
The Montreal-based carrier recently rolled out changes to its Airbus A320 cabins, including new exterior cameras, upgraded seating, larger overhead bins, Bluetooth audio and colourful LED lighting throughout the cabin.