Strategy – Page 11
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NewsAirAsia X gets two-month extension for AirAsia acquisition
AirAsia X has been allowed more time to complete its acquisition of the AirAsia group of airlines, as it finalises the terms of a fundraising deal.
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NewsIndiGo confirms ambition to expand widebody operations earlier via wet lease
Indian low-cost carrier IndiGo has confirmed that it is working to add widebody aircraft earlier than previously announced, as it aims to tap strong travel demand in its home country
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NewsAlaska Air Group turns strong profit in year defined by Max 9 grounding, Hawaiian purchase
In a year defined by a roughly month-long grounding of its Boeing 737 Max 9s and the costly acquisition of leisure carrier Hawaiian Airlines, Seattle-based Alaska Air Group posted a roughly $400 million profit.
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NewsBreeze records first full-quarter operational profit as network matures
Salt Lake City-based Breeze said the milestone comes as its US network matures, and is partially attributable to holiday travel demand overcoming the dampening effect of the recent US presidential election on bookings.
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NewsCanberra acquires Rex’s debt; reiterates ‘ongoing commitment’ to regional operations
The Australian government has become the principal secured creditor of embattled operator Regional Express (Rex), after acquiring the carrier’s debt.
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NewsRoughly two-thirds of United’s 2024 delays caused by ATC issues
United Airlines struggled significantly with air traffic control-related delays at its congested airport hubs last year as the Federal Aviation Administration still lacks sufficient numbers of controllers, particularly in the Northeast USA.
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NewsEasyJet maintains full-year guidance after cutting first-quarter loss
UK-based low-cost carrier EasyJet cut its headline loss before tax by 52% during its fiscal first quarter
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NewsUnited’s three busiest-ever operational days cap highly profitable year
United’s strong fourth-quarter performance continues the trend of the “Big Two” – Delta Air Lines and United – raking in profits while fellow major US carriers American Airlines and Southwest Airlines lag behind.
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NewsAir New Zealand appoints new commercial and safety chiefs
Air New Zealand is to boost its senior leadership team with the appointment of a chief safety and risk officer, as well as a chief commercial officer.
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NewsQantas returns as AAPA member
Qantas has rejoined the Association of Asia Pacific Airlines (AAPA), after exiting the group nearly 15 years ago.
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NewsAir Wisconsin plans to let capacity purchase agreement with American expire
US regional carrier Air Wisconsin is winding down its capacity purchase agreement with American Airlines as it initiates a strategic shift toward charter and essential air service flying.
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NewsLufthansa-ITA tie-up finalised with transfer of two-fifths stake in Italian carrier
Germany’s Lufthansa Group has completed its long-sought acquisition of Italian carrier ITA Airways, finalising on 17 January its acquisition of a two-fifths stake in the company.
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NewsSpirit Airlines secures $300m financing infusion for post-bankruptcy operations
US discounter Spirit Airlines has secured an additional $300 million in financing from debt holders as it prepares to exit Chapter 11 bankruptcy proceedings.
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NewsGlobal Crossing eyeing launch of yet-unnamed Australian ACMI charter airline
Several years after launching as a start-up charter and passenger carrier, Florida-based Global Crossing Airlines – which operates as GlobalX – is looking to extend its model to Asia-Pacific by establishing a new airline based in Melbourne.
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NewsEmerald Airways says same-day UK-Ireland travel will not return to pre-pandemic levels
Same-day air travel between Ireland and the UK will not recover to pre-pandemic levels because many businesses have replaced internal face-to-face meetings with conferencing technology.
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NewsAzul and Gol exploring potential business combination
Abra Group and Brazilian carrier Azul have entered a memorandum of understanding to explore a combination that would create Brazil’s largest airline via a tie-up with Gol.
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NewsDelta adds longtime Walmart executive Judith McKenna to board of directors
Delta Air Lines has appointed former Walmart International chief Judith McKenna as the newest member of its board of directors.
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NewsFrontier’s break from ULCC model continues with free seat upgrades for top-tier loyalty members
Ultra-low-cost carrier Frontier Airlines is continuing along the “premiumisation” pathway by rolling out free seat upgrades for its highest-tier loyalty programme members.
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NewsUS carrier Silver Airways aims to emerge from restructuring in first quarter
The Hollywood, Florida-based operator recently told FlightGlobal that it plans to complete the process in the first quarter but declined to be more specific, citing “pending proceedings” with the US Bankruptcy Court for the Southern District of Florida.
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NewsDelta foresees best-ever results this year after strong end to 2024
Delta Air Lines believes it can achieve the best financial results in the airline’s history in 2025, after it capped a “great” 2024 with record fourth-quarter revenues.