All Strategy articles – Page 9
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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.
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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.
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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.
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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.
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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.
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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”.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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NewsEasyJet adds three bases as it begins summer schedule
EasyJet has opened bases at London Southend, Milan Linate and Rome Fiumicino airports as it plots moderate capacity growth this summer.
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NewsChina’s ‘Big Three’ expect strong growth in C919 deliveries
China’s three largest carriers expect a marked increase in deliveries of Comac’s C919 narrowbody jet this year, according to their latest fleet plans.
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NewsProfitability re-emerges as Virgin Atlantic turns in record revenues
UK long-haul carrier Virgin Atlantic is claiming to have delivered on a plan to return to profitability – counting this as profit before tax and exceptionals – for the first time since 2016. It achieved a fully-year operating profit of £230 million ($298 million) and pre-tax profit of £19.7 million, ...
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NewsDevaluation of Brazilian currency weighs heavily in Gol’s fourth-quarter loss
Amid a restructuring effort aimed at strengthening its operational and financial performance, Abra Group carrier Gol lost R$5.1 billion ($883 million) during the final quarter of last year.
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NewsEurope’s airlines clash with EU over feasibility of 2030 SAF targets
Europe’s biggest airlines have jointly claimed that the European Commission’s sustainable aviation fuel (SAF) mandates for 2030 are unachievable based on current production levels.
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NewsBA owner to take financial hit in ‘tens of millions’ from Heathrow shutdown
British Airways owner IAG expects to take a financial hit in the “tens of millions” of euros from the complete shutdown of Heathrow airport for the best part of a day on 21 March.
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NewsEuropean airline chiefs insist transatlantic demand on track despite Trump concerns
Cautious European airline leaders have so far seen no negative impacts from the policies of US President Donald Trump on the lucrative transatlantic passenger market, although they are continuing to keep a close eye on trends.