Strategy – Page 12
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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.
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NewsSouthwest CFO Romo to retire in continuation of management shake-up
Southwest Airlines’ longtime chief financial officer (CFO) Tammy Romo will leave the company on 1 April, a move coming as the Dallas-based airline progresses with revamping its business following several years of lagging profits.
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NewsAkasa Air appoints marketing head to newly created operations role
Akasa Air has appointed its marketing chief Belson Coutinho to a newly-created chief operating officer role, amid slower growth in 2024, and increased regulatory scrutiny in recent months.
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NewsBreeze tracking to secure international authority in first quarter
Chief executive David Neeleman says US start-up carrier Breeze Airways is on track to launch its first international flights early in 2025.
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NewsCathay expects ‘strong’ second-half results on cargo, fuel costs
Cathay Pacific expects a “strong” showing for the second-half financial results, as it approaches full capacity recovery January next year.
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NewsAir Canada plans to become C$30bn revenue company by 2028
The Star Alliance carrier plans to reach C$30 billion in annual revenue in four years and to exceed that figure by decade’s end.
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NewsAir Transat parent secures C$34m compensation package for P&W engine woes
Canada’s Transat AT reports a profitable fiscal fourth-quarter boosted by a C$34 million ($25 million) compensation agreement with geared turbofan (GTF) engine maker Pratt & Whitney.
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NewsAir Canada to offer free wi-fi in 2025
Air Canada is set to become the latest North American airline to offer free wi-fi access to passengers, disclosing on 12 December plans to begin rolling out the service in May.
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NewsFiji Airways’ full membership likely to sunset Oneworld Connect programme
Fiji Airways’ move from an affiliate to a full member of Oneworld next year is likely to signal the end of the airline alliance’s Connect membership programme.
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NewsUS carriers expect to receive first A321XLRs next year as certifications progress
US airlines are gearing up to acquire their first Airbus A321XLRs, after the Federal Aviation Administration recently certificated the variant of the 4,700nm (8,704km)-range jet powered by CFM International Leap-1A turbofans.
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NewsKorean Air to fully integrate Asiana by end-2026 as acquisition finally wraps up
Korean Air has completed the acquisition of compatriot Asiana Airlines, after successfully netting a 63.88% ownership stake in the latter.
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NewsAlaska Air to fly from Seattle to Asia in 2025 as Hawaiian integration takes hold
Alaska Air Group plans to launch its first flights from the US West Coast to Asia in 2025, part of a broader network shift the carrier says will strengthen its hubs and make it a more formidable nationwide player.
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NewsAverage aircraft age rises as airlines grapple with supply-chain challenges
The average age of the global commercial airline fleet has reached a “record” of 14.8 years, according to IATA, as supply-chain challenges frustrate the industry’s decarbonisation efforts.
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NewsIATA forecasts improved airline profits in 2025 amid fuel cost relief
Global airline association IATA has slightly upgraded its industry net profit forecast for 2024, while predicting a further strengthening of profitability in 2025, driven in large part by expectations that fuel costs will be lower.