Strategy – Page 16
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NewsCanada’s Transat AT names Sebastian Ponce chief revenue officer
Transat AT, parent of Canadian leisure carrier Air Transat, has appointed Sebastian Ponce as chief revenue officer as it continues searching for profitability.
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NewsMalaysia Airlines parent betters 2023 profit amid premium push
Malaysia Aviation Group (MAG) improved its operating profit in 2023 – and posted its first net profit post-restructuring in 2015 – on the back of strong premium traffic and the return of international passenger demand.
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NewsSouthwest pilots’ union prepares in case airline seeks acquisitions
The head of Southwest Airlines’ pilot union sees troubling cracks in the carrier’s operating metrics and has approved a plan to prepare the union in case Southwest responds by seeking to acquire another airline.
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NewsJetBlue trims ‘unprofitable’ routes from network in bid for stability
JetBlue Airways is cutting “unprofitable” routes across its network in an attempt to boost its financial performance in the absence of the carrier’s recently deceased deal to acquire Spirit Airlines.
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NewsWestJet chief operating officer Pen adds president role
Canada’s WestJet has named chief operating officer Diederik Pen to the post of president, effective on 1 April.
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NewsAir France-KLM boss hits out at unfair Dutch ‘greenwashing’ ruling
Air France-KLM chief executive Ben Smith has described a Dutch court ruling over alleged ‘greenwashing’ as unfair.
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News’ITA deserves a future’: Lufthansa chief
Lufthansa Group chief executive Carsten Spohr is “optimistic” about the business securing a stake in Italian carrier ITA Airways as the European Commissions nears a crucial stage of its investigation into the deal.
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NewsFormer GlobalX CEO proposes Florida air taxi operations under new brand ‘UrbanLink’
Airline entrepreneur Ed Wegel has revealed plans to launch electric air taxi operations in Florida under new brand UrbanLink, only days after he announced new Airbus A220 operator Air Flo.
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NewsDelta rallies stakeholders to defend threatened Aeromexico joint venture
Delta Air Lines has assembled a wide coalition of businesses, trade groups, lawmakers and governors in opposition to a US government decision that stands to force Delta and Aeromexico to end their joint business.
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NewsULCC JetSmart launches domestic operations in Colombia
Chilean ultra-low-cost carrier JetSmart has launched its operations in Colombia after securing an air operator certificate (AOC) from the country’s aviation regulator, Aerocivil.
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NewsAirAsia Cambodia to launch in May, with international flights following in third quarter
AirAsia’s Cambodian unit will commence operations on 2 May, as the low-cost operator looks to drive tourism demand into the country.
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NewsCathay begins mid-sized widebody renewal campaign with orders to come in next few years
Cathay Pacific’s ongoing campaign for new mid-sized widebody jets is “still in its early days” with the airline expecting to place an order only in the next few years.
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NewsCathay reports record annual profit as full recovery pushed back to 2025
Cathay Pacific Group swung to a full-year net profit in 2023 – for the first time in four years – as it pushes back its full recovery forecast and flags a normalisation of yields and “ongoing” manpower and supply chain headwinds.
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NewsJet Airways revival back on track after top tribunal green-lights ownership transfer
Jet Airways has cleared a significant hurdle in its long-running revival plan, after an appellate tribunal approved the transfer of ownership to the Jalan-Kalrock Consortium, which must be completed within 90 days.
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NewsFrontier to create new cabin class by blocking middle seat in first two rows
US ultra-discounter Frontier Airlines is again taking cues from European carriers by guaranteeing open middle seats in the two front rows of all its aircraft.
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NewsSpiceJet sees senior management exodus amid ‘strategic’ restructuring
SpiceJet has confirmed the exit of its chief commercial officer, amid a “strategic restructuring” that also sees other members of the operating and commercial teams leaving the beleaguered airline.
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NewsLufthansa braced for fresh strike disruption
German carrier Lufthansa and regional unit CityLine are braced for fresh strike disruption on 12 and 13 March, this time as cabin crew represented by the UFO union have called a stoppage.
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NewsSwiss remains Lufthansa’s crown jewel with record profit and double-digit EBIT margin
Swiss International Air Lines posted a record operating profit for 2023 as healthy demand for air travel and disciplined cost-cutting allowed the airline to “definitively master the corona crisis and the major challenges that it posed”.
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NewsSpohr still optimistic on ITA, but will look ‘rationally’ at cost of deal concessions
Lufthansa Group chief executive Carsten Spohr insists the carrier will make a rational decision over the cost of any concessions attached to approval for its planned acquisition ITA Airways, but is encouraged by the approach to global competition of the incoming European Commission.
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NewsWalsh accuses UK government of ‘short-sighted cash grab’ with APD rise
The head of global airline association IATA has accused the UK government of a “short-sighed cash grab” after it announced plans to increase air passenger duty (APD) for some traveller types.