Strategy – Page 113
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NewsAmerican ups pilot hiring targets due to rapidly increasing demand
American Airlines will hire 350 new pilots this year, up from 300, as the industry recovery accelerates following the year-long coronavirus crisis.
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NewsUnited ‘bullish’ about business and international travel rebound
United Airlines executives are “bullish” about the carrier’s post-coronavirus recovery trajectory, and expect the business travel segment to accelerate significantly in the coming months.
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NewsIndonesia’s Super Air Jet teases imminent launch
Super Air Jet, the new Indonesian carrier with links to Lion Group founder Rusdi Kirana, has hinted about launching flights “soon”, as it announced several domestic destinations it intends to serve.
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NewsCanada’s WestJet declines federal aid
WestJet, Canada’s second largest airline, says it is “not actively pursuing financial support from the federal government” to help it navigate through the Covid-19 crisis
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NewsAeromexico continues a steady recovery in Q2
Grupo Aeromexico, the parent company of Mexico’s legacy carrier, says the airline continued steadily recovering from the coronavirus crisis during the second quarter of the year, as both domestic and international travel contributed to narrowing its financial loss.
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NewsUnited's Q2 ‘exceeded expectations’ as business travel returns
United Airlines says its second quarter results “largely exceeded original expectations” as business and international travel began to make a stronger return in addition to leisure travellers’ run on tickets for the beginning of the summer holiday travel period.
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NewsEasyJet turns to EU network as it lifts capacity to 60% for key summer months
European low-cost carrier EasyJet expects to fly 60% of its pre-crisis capacity in the three months ending 30 September after operating less than a fifth of capacity in the previous quarter.
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NewsAuditors cast ‘significant doubt’ over Garuda’s survival
Auditors have raised “significant doubt” over Garuda Indonesia’s ability to continue as a going concern, after the beleaguered flag carrier plunged to a record full-year loss.
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NewsUS president says decision imminent on reopening to European travellers
US president Joe Biden has suggested that there will be news on the potential reopening of US borders to non-essential European visitors in the coming days.
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NewsCautious Cathay expects 30% normal capacity by year-end
Cathay Pacific expects to operate about 30% pre-pandemic passenger capacity by the fourth quarter of the year, as it notes the “small signs of improvement” in its June traffic results.
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NewsMalaysia Airlines seeks to sell six A380s
In a LinkedIn post, the airline says its subsidiary MAB Pesawat Sdn Bhd is conducting an open tender for the sale of the widebodies, along with components.
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NewsDelta eyes continued financial recovery in second half of 2021
Delta anticipates its business will continue improving in the third quarter, with revenue and capacity expected to creep closer to 2019 levels thanks partly to strong demand for travel within the USA and to Latin America.
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NewsIATA unhappy as EU proposes tax on aviation fuel
Airline industry association IATA has criticised European Commission proposals to tax the jet kerosene used for intra-bloc flights, suggesting its focus should instead be on other sustainability measures.
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NewsDelta returns to profit in Q2 with help from US government payroll grants
Delta Air Lines returned to the black posting a $652 million profit in the second quarter, aided by $1.5 billion in US government Covid-19 support,
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NewsAir Astana swings to modest half-year profit
Kazakhstan’s Air Astana Group posted a net profit of $4.9 million for the first six months of 2021, swinging from a loss of $66.2 million in the same period in 2020.
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News‘I will not forget the lessors who have treated us badly’: AirAsia chief
AirAsia Group chief executive Tony Fernandes says he has found it “painful” how some unnamed lessors have treated the business during the Covid-19 crisis.
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NewsKLM adds Bridgetown and Port of Spain as network push continues
KLM will add its first flights to Bridgetown in Barbados and Port of Spain in Trinidad & Tobago this winter in a move which will see the Dutch carrier match the number of Caribbean and South American destinations it flew before the crisis.
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NewsAmerican started accumulating cash in Q2, swung to profit in June
American Airlines says it was profitable during June, the first month it has completed without a loss since December 2019.
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NewsAirAsia Group to raise up to MYR1 billion, eyes other fundraising opportunities
AirAsia Group will raise up to MYR1 billion ($239 million) through a proposed renounceable rights issue, as it confirms that it is “well-progressed” to secure other fundraising initiatives that will beef up its war chest against the coronavirus pandemic.
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NewsTransat pilots accept deal to return to work
Pilots at Canada’s low-cost vacation specialist Air Transat have accepted a new contract, clearing a path for them to return to work when the airline resumes service, now scheduled for 30 July.