All Strategy articles – Page 46
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Airline BusinessEuropean consolidation wave spreads north with Air France-KLM move for SAS
Consolidation within Europe post-pandemic has largely focused on opportunities for the big three airline groups to bolster their presence in the south of the continent.
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NewsPilot shortage ‘very real’ for US regional carriers struggling to keep aircraft flying
The pilot-supply outlook remains gloomy for regional airlines as hundreds of aircraft are parked – and the shortfall looks likely to reverberate into the 2030s.
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News‘Airline sweet spot may have got sweeter’: IATA chief economist
The global airline industry’s fortunes have improved since IATA’s mid-year financial forecast for the industry, according to the association’s chief economist Marie Owens Thomsen, with positive factors continuing to more than offset negative ones.
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NewsRiyadh Air eyes key partnerships ahead of launch
Ambitious Saudi Arabian start-up Riyadh Air is likely to announce a number of key airline partnerships ahead of its planned launch in 2025.
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NewsMalta puts hopes on higher load factors and profitable routes for successor carrier
Malta’s government believes an eight-strong fleet together with a right-sized network and staff levels will enable its planned successor carrier to Air Malta to be profitable.
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NewsBrunei start-up Gallop Air targets Q3 2024 launch in search for investors, partners
China-backed Bruneian start-up Gallop Air is hoping to launch services in the third-quarter of 2024, as it looks to find backers and “local partners” – in addition to securing its air operator’s certificate (AOC).
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NewsAircraft supply woes could weigh on airline net-zero effort: Walsh
Aircraft supply challenges have the potential to slow the airline industry’s progress towards its net-zero goals, in the view of IATA director general Willie Walsh.
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Airline BusinessRiyadh Air closing in on narrowbody order as Douglas continues groundwork
Riyadh Air is set to place its expected narrowbody aircraft order “in the coming months” as Tony Douglas, chief executive of the ambitious Saudi Arabian start-up, continues to plot the national carrier’s launch path.
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NewsThailand’s Nok Air widens annual loss as rising fuel costs bite
Thai low-cost operator Nok Air widened its full-year net loss in 2022 despite a significant increase in passenger travel revenue, as the carrier was hit with a heftier fuel bill.
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NewsUS lessor ATSG appoints Mike Berger as president
Ohio-headquarted ATSG says that the company’s board of directors has elected Berger, 62, to lead the lessor’s “transformational growth as the market leader in freighter leasing and air operations”.
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NewsANA terminates United, Lufthansa cargo joint ventures
All Nippon Airways has suspended separate cargo joint-venture contracts with United Airlines and Lufthansa, as it restructures its cargo business.
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NewsJetBlue denounces capacity cuts in Amsterdam as it risks losing hard-won slots
US low-cost carrier JetBlue Airways has joined US airline industry groups in criticising capacity reductions at Amsterdam Schiphol airport.
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NewsWestJet on track to integrate Sunwing’s 737s by October 2024
Canadian company WestJet Group plans to complete its integration of Sunwing Airlines’ fleet of Boeing 737s by October 2024.
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Airline BusinessPegasus plots continued growth as it prepares to pass 100-aircraft milestone
Low-cost carrier Pegasus Airlines is about to take delivery of its 100th aircraft. The passing of the landmark is not only illustrative of how far it has come since launching scheduled services in 2005, but of the rapid growth seen in the Turkish market – both before and since the pandemic. Now the challenge it is to continue this expansion.
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NewsUnited Airlines pilots approve new four-year contract
United Airlines pilots have approved a new contract, according to union Air Line Pilots Association, International (ALPA).
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NewsWizz progressing moves towards Saudi joint venture
Wizz Air has selected a partner and is in the process of an application to establish a joint-venture carrier in Saudi Arabia as the central European budget operator continues to develop its presence in the Middle East.
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Airline BusinessAirline optimism high as demand trumps fuel cost concerns
Anyone looking for a sense of the mood of the market from airline industry executives during this week’s World Aviation Festival in Lisbon would have found plenty of optimism, particularly at one of the industry’s biggest carriers.
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NewsChina Eastern, China Southern eye double-holiday traffic dividends
China Eastern Airlines and China Southern Airlines are set to ramp up flying across both domestic and international networks in anticipation of an influx of holiday travellers, as domestic capacity climbs well above pre-pandemic levels.
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NewsJet Airways to launch in 2024 after fresh equity infusion
Jet Airways aims to relaunch operations in 2024 – five years after its high-profile collapse – following the completion of fresh equity infusion from parent company, the Jalan-Kalrock consortium.
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NewsAllegiant brings back former CEO Gallagher after Redmond departs suddenly
Ultra low-cost carrier Allegiant Air’s former chief executive Maurice Gallagher is back in the airline’s top spot after his successor John Redmond resigned suddenly.