All Strategy articles – Page 9
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NewsJapan Airlines appoints first female president
Mitsuko Tottori, currently the airline’s customer chief, will be the first female to lead a major Japanese operator.
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AnalysisSpirit at risk of bankruptcy and liquidation as JetBlue deal falls through: TD Cowen
In the wake of a US judge’s decision to block JetBlue Airways’ attempted acquisition of Spirit Airlines, it is unclear how the respective low-cost carriers will chart paths forward.
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NewsNixed JetBlue-Spirit deal might impact Alaska-Hawaiian transaction
The blocked acquisition of Spirit Airlines by JetBlue Airways could have some bearing on another potential blockbuster deal in the US market: Alaska Airlines’ bid for Hawaiian Airlines.
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NewsUS court blocks JetBlue’s acquisition of Spirit
A US district court ruled on 16 January that JetBlue Airways’ proposed $3.8 billion acquisition of rival low-cost carrier Spirit Airlines cannot proceed, blocking the deal on anti-competitive grounds.
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In depthAirline Business Covid-19 recovery tracker: January 2024 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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AnalysisAlaska initially offered $20 per share for Hawaiian but revised bid as stock slid
In its initial bid to acquire Hawaiian Airlines, Alaska Airlines offered $20 per share before the two sides eventually agreed on a final price of $18, as the Honolulu-based carrier’s stock lost two-thirds of its value during the second half of 2023.
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NewsletterSupply chain issues will plague aviation for some time: Delta CEO
Delta Air Lines’ chief executive Ed Bastian says supply chain issues will continue to plague the industry for some time, citing Pratt & Whitney’s engine recall as an example.
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NewsNew Lufthansa carrier City Airlines receives first A319
Lufthansa Group’s City Airlines unit has received its first aircraft ahead of it launching services in the upcoming summer season.
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NewsletterDelta posts profit of $4.6bn for 2023
Delta Air Lines posted a full-year 2023 profit of $4.6 billion on revenue 20% higher year on year, and reports a strong profit for the fourth quarter.
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NewsDelta Air Lines orders 20 A350-1000s
Delta Air Lines has announced an order for 20 Airbus A350-1000s, with options for 20 more of the larger variant.
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NewsVolaris expects to cut capacity by up to 18% in 2024 as GTF impact hits
Mexican low-cost carrier Volaris expects reduce its full-year capacity in terms of available seat miles (ASM) by between 16-18% in 2024 as it contends with increased inspections of some of the Pratt & Whitney PW1100G geared turbofans (GTFs) powering its Airbus A320neo-family jets.
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NewsAir Astana set for IPO this year as it plans London and Kazakhstan listing
Kazakh carrier Air Astana has outlined its intention to list on the London and Kazakhstan stock exchanges this year.
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NewsTus Airways announces new strategic investor
Cypriot carrier Tus Airways has announced that Israeli firm Holiday Lines Group has signed an agreement to take a significant stake in the business.
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NewsAir Baltic prepares for IPO amid reports linking Estonia and Lithuania with stakes
Latvian carrier Air Baltic is continuing to prepare for its long-discussed IPO amid fresh reports linking the Lithuanian and Estonian governments with stakes in the state-owned operator.
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NewsPost-merger AirAsia targets return of Europe operations by year-end
A newly-merged AirAsia Aviation expects to relaunch flights to Europe by the end of this year, and is looking to expand its network to Africa, North and South America in the longer term.
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NewsMesa Airlines at risk of de-listing from US stock exchange
Mesa Air Group recently received notice it is at risk of being de-listed from the US stock exchange due to continued delays in reporting its fiscal fourth-quarter results.
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NewsGlobal airline passenger traffic reached 99% of 2019 levels in November
Global passenger traffic was within 1 percentage point of 2019 levels in November last year, according to the latest data from IATA, as it closes on the pre-Covid peak.
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NewsJetstar Asia appoints Qantas veteran as new CEO
Singapore-based Jetstar Asia has appointed John Simeone as its new CEO, replacing outgoing chief Barathan Pasupathi, who steps down after 12 years at the helm.
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NewsJetBlue president Geraghty to succeed Hayes as CEO in February
JetBlue Airways president and chief operating officer Joanna Geraghty will succeed Robin Hayes as the company’s chief executive on 12 February.
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NewsTransat’s flight attendants to vote on second tentative deal after ‘unforeseen rejection’
Canadian leisure carrier Air Transat has reached another tentative five-year contract agreement with its 2,100 flight attendants following the union’s rejection of the airline’s first offer.