Strategy – Page 104
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NewsAmerican turns Q3 profit with nearly $1b in government aid
American Airlines remained profitable in the third quarter of 2021 thanks to US government pandemic-related aid, as executives predict business travel will recover in 2022.
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NewsSouthwest keeps profitable with government aid in ‘messy’ third quarter
Southwest Airlines has described its third-quarter performance as “messy” and warned its troubles could persist as it struggles to match increasing demand with capacity and staffing.
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News787 delivery delays prompt American to revise winter schedule
American Airlines has removed some Boeing 787s from its winter flight schedule due to Boeing’s ongoing pause of 787 deliveries which have quality issues.
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NewsAlaska’s Q3 marked ‘significant stride’ to recovery
Alaska Air Group made a “significant stride forward” to recovery in the third quarter of 2021, despite the coronavirus’ Delta variant hitting the company’s revenue in last months of the year.
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NewsStart-up Ultra Air plots key role in Colombian market reaching 50m passengers
The chief executive of Colombian start-up Ultra Air believes the airline can play a significant role in growing the country’s air transport market to 50 million passengers over the next five years, citing similar trends in other Latin American countries.
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NewsEasyJet takes first lounge step with co-branded Gatwick facility
Low-cost carrier EasyJet will on 21 October open it first airport lounge, a co-branded facility it is opening at London Gatwick in association with No 1 Lounges.
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NewsSpare aircraft cheaper than paying delay compensation: Ultra Air chief
The availability of aircraft at favourable lease rates means Colombian start-up Ultra Air is aiming to achieve “operational excellence” through the retention of spare jets within its fleet, according to its co-founder and chief executive.
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NewsCourt rejects LOT appeal over EasyJet and Lufthansa win of Air Berlin assets
An EU court has rejected cases put forward by LOT Polish Airlines contesting decisions to enable EasyJet and Lufthansa to acquire assets from collapsed carrier Air Berlin.
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NewsAeromexico shows improved Q3 in line with industry
Grupo Aeromexico, the parent company of Mexico’s legacy carrier, says the airline’s position during the third quarter of 2021 continued to improve in line with the global aviation industry.
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NewsUnited Airlines defies Delta variant dip to post $473m profit in Q3
United Airlines reports a small profit during the third quarter of 2021 as bookings bounced back from a Delta-variant-related dip early in the three-month period.
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NewsAir Madagascar placed under court restructuring
Air Madagascar has been placed under a court-appointed restructuring process, the Indian Ocean island nation’s government has disclosed.
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NewsNew EU open skies deal with Qatar includes initial capacity caps
European Union regulators have signed an air transport services agreement with Qatar which includes capacity caps in some key markets before full access is implemented in 2024.
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NewsEurope’s last MD-11 exits Lufthansa Cargo service before sale to Western Global
Lufthansa Cargo’s last Boeing MD-11 freighter completed its final service with the European carrier on 17 October, before its sale to US operator Western Global Airlines.
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NewsIATA’s Walsh slams UK testing policy and Heathrow charges
In addressing the Aviation Club in London on 13 October, IATA director general Willie Walsh was back on familiar territory - both in terms of location and subject matter.
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NewsSAA tie-up reflects need for African airline collaboration: Kenya Airways chief
African airlines must work together to “change the face of aviation” if the region’s industry is to be competitive after the Covid-19 pandemic, in the view of Kenya Airways Group chief executive Allan Kilavuka.
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NewsGol foresees 50% drop in third-quarter revenue versus 2019 level
Brazilian low-cost carrier Gol expects to report third-quarter net operating revenue down 50% from the same period of pre-pandemic 2019.
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NewsGreat Dane Airlines declared bankrupt
Scandinavian regional carrier Great Dane Airlines has today been declared bankrupt, a short message on its homepage says.
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NewsTata confirms selection as winning Air India bidder
Executives from Indian conglomerate Tata Sons have confirmed the group has won the bidding for struggline national carrier Air India.
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NewsPilots back British Airways Gatwick plan
British Airways pilots represented by the BALPA union have agreed terms with the airline, overcoming one of the hurdles to its plans to re-establish short-haul operations from London Gatwick.
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NewsSpirit agrees to lease 20 A320neos from AerCap
AerCap has signed agreements to lease 20 new Airbus A320neo aircraft to US carrier Spirit Airlines.