All Strategy articles – Page 65
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NewsWestJet pilots vote to strike as contract talks continue
WestJet pilots have voted to strike if needed as they continue to negotiate a new contract with the airline.
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News’Demand has never been higher’: Delta CEO Bastian
Delta Air Lines recorded its “10 highest sales days” over the past couple of months as the major US carrier anticipates a robust summer travel season.
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NewsAir France-KLM environmentally-tied credit line allows Dutch carrier to exit state loan
KLM has secured a new €1 billion ($1.1 billion) credit facility with a syndicate of 14 banks, replacing a credit facility guaranteed by the Dutch government put in place during pandemic.
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NewsMalaysia Airlines rebounds to profitability, eyes full capacity recovery
Malaysia Airlines expects to fully recover operations in China and North Asia by end-June, amid a ramp-up that will see its system-wide capacity fully recover to pre-pandemic levels.
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NewsTurkish Airlines aims to double in size under 10-year plan
Turkish Airlines aims to carry 170 million passengers and operate over 800 aircraft by 2033, under a newly unveiled strategic plan which will essentially double the size of the airline over the coming 10 years.
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Airline BusinessWhy European short-haul travel will become more expensive
Analysts at Bernstein this week became the latest industry observers to suggest that airlines will need to charge more for short-haul air travel as the decade progresses, in response to European Union measures aimed at reducing carbon emissions.
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NewsUnited and ground-service workers’ union tentatively agree to contract for 29,000 employees
United Airlines and the International Association of Machinists and Aerospace Workers (IAMAW), the union which represents 29,000 ground service workers, have come to a tentative agreement on a new contract.
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NewsCanada’s Air Transat now flying year-round to Marseille
Canada’s Air Transat is firming its foothold in France by extending its seasonal service to the Mediterranean city of Marseille to a year-round flight.
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NewsDelta expects ‘strong operational summer’ after misery of 2022: CEO
Delta Air Lines expects its operations during the Northern Hemisphere’s busy summer travel season will improve compared to last year, when airlines struggled with massive disruptions resulting from lower staffing coupled with unpredictable weather and strong demand following the Covid 19 pandemic.
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NewsDelta loses $363m in first quarter as revenue and costs surge
Delta Air Lines swung to a $363 million loss in the first quarter of 2023 amid surging costs and despite generating record-high revenue.
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NewsAmerican expects to report first-quarter revenue of $12.2 billion
American Airlines expects to report $12.2 billion in revenue for the first quarter of 2023 later this month as it flew 9.2% more capacity than during the same period last year.
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Airline BusinessAirlines should prioritise storytelling, not statements, on sustainability
United Airlines is setting a strong example with its latest sustainability campaign, which notably avoids broad-brush statements, writes airline marketing specialist Shashank Nigam
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Airline BusinessAirline Business Covid-19 recovery tracker: April 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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NewsMalaysia Airlines exits intra-east Malaysia operations in ‘strategic’ route rejig
Malaysia Airlines is to transfer domestic operations in east Malaysia to its low-cost sister unit Firefly from 16 May, as part of a “strategic route rationalisation” on its domestic network.
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NewsLongtime Air Canada executive Amos Kazzaz to retire
Longtime Air Canada executive Amos Kazzaz will retire as executive vice-president and chief financial officer on 30 June and be succeeded by John Di Bert – a former member of the C-suite teams for Bombardier and Pratt & Whitney Canada.
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NewsAir cargo demand slides again but beats pre-pandemic levels
Air cargo demand slipped again in February but exceeded pre-pandemic levels for the first time in eight months.
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NewsIcelandair signs for 13 A321XLRs as 757 replacement
Icelandair has signed signed a memorandum of understanding to purchase 13 Airbus A321XLR aircraft – the airline’s first ever Airbus order – to replace its fleet of ageing Boeing 757s.
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NewsAir Baltic chief reiterates interest in stretched A220 as options decision looms
Air Baltic would still consider taking a stretched version of the Airbus A220 – widely dubbed the A220-500 – should the variant become available in the right timeframe for its outstanding order options.
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NewsAir India outlines transformation progress under Vihaan.AI plan
Air India has outlined progress so far under its Vihaan.AI business transformation programme, including repairing inflight entertainment (IFE) equipment, and putting its Boeing 787 fleet on a performance improvement plan.
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NewsLufthansa agrees sale of remaining catering business
Lufthansa has agreed to sell its remaining catering business LSG Group to private equity firm Aurelius, a deal it hopes to complete in the third quarter.