All Strategy articles – Page 8
-
NewsIndiGo appoints ex-FAA administrator Whitaker to board
IndiGo has appointed former FAA administrator Michael Whitaker as an independent director.
-
NewsCathay taking ‘proactive steps’ to guard against likely tariff impact
Cathay Pacific Group has warned of possible impact from the ongoing trade war between the USA and China, with cargo demand expected to soften in the coming months.
-
NewsPhilippine Airlines picks former SriLankan chief as new leader
Philippine Airlines has appointed its first foreign leader, tapping on former SriLankan CEO Richard Nuttall to lead the national carrier.
-
NewsAlaska and Southwest join other US carriers in reporting softer demand
Southwest now expects full-year passenger capacity to increase by roughly 1%, presenting a picture of growth at a near-standstill amid broad economic uncertainty.
-
NewsAir Canada names Mark Galardo chief commercial officer amid executive shuffle
Air Canada is changing the job descriptions of three lead executives, effective 1 May.
-
NewsQatar Airways, IAG and MASkargo plan joint freight business
Qatar Airways Cargo, IAG Cargo and Malaysia Airlines’ MASkargo intend to form a global joint freight business under plans announced on 22 April.
-
NewsBrazil’s Gol extends exit financing deadline in response to US tariffs
Brazilian carrier Gol has extended a deadline for investors to participate in the company’s $1.9 billion exit financing plan, citing the USA’s trade war with most of the world.
-
NewsBNSF Railway chief Kathryn Farmer nominated to American’s board of directors
American Airlines has nominated BNSF Railway chief executive Kathryn Farmer to join its board of directors, with a vote set for June.
-
NewsSpirit hires Sun Country executive Dave Davis as CEO
Former Sun Country Airlines chief financial officer (CFO) Dave Davis will be the next chief executive of Spirit Airlines, effective on 21 April and filling a post left vacant by the recent departure of former CEO Ted Christie.
-
NewsAir New Zealand flags ‘substantial’ drop in earnings as engine issues grow
Air New Zealand expects a “substantial reduction” in the compensation received for ongoing engine reliability issues, which it says will impact its financial performance for the year ending 30 June.
-
NewsUnited plans to cut domestic capacity but reports strong international demand
In response to slowing demand, United plans to cut four percentage points of domestic passenger capacity from its network starting in the third quarter.
-
NewsAvelo pivots to deportation flights as low-cost air travel demand slows
Avelo Airlines’ decision to operate chartered deportation flights US Immigration and Customs Enforcement comes amid amid softening demand for low-cost airline seats, with the carrier moving to provide stability for its scheduled passenger service.
-
NewsKorean Air betters first-quarter revenue despite economic ‘uncertainties’
Korean Air expects to see “continued growth” in its passenger business in the near-term, on the back of strong demand and despite recent “business environment uncertainties”.
-
NewsFrontier cuts earnings forecast amid ‘uncertain’ economic environment
The parent of ultra-low-cost carrier Frontier Airlines expects to be loss-making in its first-quarter earnings, as it cuts its full-year earnings forecast amid an “uncertain environment” of sluggish demand and revenue growth.
-
NewsDelta’s growth ‘largely stalled’ as economic gloom deepens
Chief executive Ed Bastian says first-quarter efforts focused on “protecting margins and free cash flow”, asserting that the company is built to weather times of economic difficulty.
-
NewsWestJet begins long-delayed integration of Sunwing’s 737s
WestJet Group recently started integrating Sunwing’s fleet of 18 Boeing 737s into its operations, roughly two years after acquiring the Canadian leisure carrier – and more than three years removed from the deal’s announcement.
-
NewsTed Christie is out as Spirit Airlines CEO
Longtime Spirit Airlines chief executive Ted Christie has departed the company, stepping down from his role as CEO on 7 April in a move coming as Spirit navigates an corporate overhaul intended to stem financial losses.
-
NewsUS regional airlines Mesa and Republic to combine, with Republic taking control
US regional airline company Republic Airways Holdings plans to combine with financially struggling competitor Mesa Air Group to create a new publicly traded company that will be controlled by Republic’s management team.
-
NewsUS leisure market likely to endure ‘downward pressure on demand’: Sun Country CEO
Cost-conscious air travellers will likely tighten spending on vacations as a result of US-imposed tariffs roiling global markets, from the perspective of Sun Country Airlines chief Jude Bricker.
-
NewsUnited to launch new routes to Asia and Australia this year
United Airlines is planning to launch new flights this year to Australia and Asia as part of a broader effort by the carrier to deploy new widebody jets to more far-flung destinations.