Strategy – Page 10
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NewsAustralian competition watchdog bemoans Bonza collapse
Australia’s antitrust regulator has warned of “detrimental” effects to the domestic airline sector if Bonza – the start-up which collapsed in late April – is unable to resume services.
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NewsWestJet’s integration of Sunwing delayed at least six months
Canadian airline company WestJet Group faces a delay of at least six months in completing its integration of Sunwing Airlines’ small fleet of Boeing 737s.
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News‘New Frontier’: US discounter eliminates change fees and ‘gimmicks’
Amid a broad shift in network strategy, US discounter Frontier Airlines is embracing changes to its product offerings by introducing “transparent pricing” and eliminating most change and cancellation fees.
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NewsGaruda, SIA eye revenue sharing arrangement as partnership deepens
Garuda Indonesia and Singapore Airlines have deepened their commercial cooperation, with the signing of new agreements covering frequent flyer programmes, and a potential revenue sharing arrangement.
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NewsEasyJet chief takes heart from close rejection by pilots of pay deal
EasyJet chief executive Johan Lundgren struck a hopeful note after pilots represented by UK cockpit union BALPA rejected a new pay deal, pointing to the closeness of the vote.
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NewsSIA Group posts record annual profit as North Asia traffic rebounds
A strong rebound in travel demand to North Asia helped Singapore Airlines Group achieve record full-year profits, even as the airline group flags an easing of passenger yields in Asia-Pacific.
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NewsEVA Air orders four more 787-10s
EVA Air has disclosed an agreement for four Boeing 787-10s, boosting its widebody orderbook.
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NewsGrupo Aeromexico seeks listing on US stock exchange
Grupo Aeromexico has filed to make an initial public offering, completion of which would see the parent company of Aeromexico traded on the New York Stock Exchange.
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News‘Not our DNA’: Cebu Pacific rules out long-haul foray
Cebu Pacific chief Mike Szucs has ruled out venturing into long-haul operations, despite acknowledging that the “best fare growth” has been seen on these routes in the post-pandemic operating environment.
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NewsGol and Avianca owner Abra to invest in Spanish charter carrier Wamos Air
Abra intends to invest in Wamos Air under a deal both companies say will enable expension, though details remain unavailable
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NewsThai Airways to exit restructuring in 2024 as first-quarter profit shrinks
Thai Airways International expects to wrap up its restructuring this year, capping off close to four years of business rehabilitation following the Covid-19 pandemic.
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NewsCebu Pacific doubles first-quarter profit
Cebu Pacific saw its first-quarter profit double as a jump in revenue – driven by strong passenger travel demand – outpaced an increase in costs.
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NewsAlaska and Hawaiian agree not to consummate deal for 90-day period
Alaska Airlines cannot close its acquisition of rival US carrier Hawaiian Airlines until 5 August under an agreement with the US Department of Justice. During a 90-day waiting period that began on 7 May and will end on 5 August, the West Coast carriers cannot complete their proposed $1.9 ...
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NewsKorean Air to focus on ‘route profitability’ as capacity nears full recovery
Korean Air will prioritise “route profitability” in light of intensifying global competition, as it saw first-quarter profits improve on the back of strong passenger and cargo demand.
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NewsBonza unlikely to see return of seized fleet, as grounding drags on
Bonza is unlikely to get its fleet of seized Boeing 737 Max 8 jets back from lessor AIP Capital, adding to the embattled low-cost carrier’s woes as its suspension of operations is extended for another week.
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NewsUS government approves Frontier to use new trade name ‘Frontera’
US discount carrier Frontier Airlines has received approval to use the new trade name “Frontera” for at least some of its operations, though details about the plans remain unclear.
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NewsSpirit lost $143m in first quarter as airline pursues cost and capacity cuts
Spirit Airlines lost $143 million in the first quarter of 2024 amid heightened competitive pressures and other factors that have prompted the airline to shrink its operation and to seek out cost savings.
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NewsAlaska receives $61m Boeing credit for Max 9 grounding
US carrier Alaska Airlines has received an additional $61 million in credits from Boeing as compensation for the mid-flight blow-out of a door plug on Alaska flight 1282 and subsequent grounding of its 737 Max 9s
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NewsLATAM Airlines Group first-quarter profit reaches $258m
LATAM Airlines Group reported a first-quarter profit of $258 million, a record for the period, profiting of ongoing strong demand during Latin America’s high travel season.
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NewsAeroflot claims lowest first-quarter net loss in five years
Russian flag-carrier Aeroflot has turned in a first-quarter net loss of Rb6.9 billion ($75.3 million), but states that this is its lowest loss for the period in five years. It says the result – under Russian accounting standards – illustrates a “trend of progressive improvement”. Aeroflot says it achieved the ...