Strategy – Page 18
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NewsTAP enjoys high yields during profitable third quarter
TAP Air Portugal has reported a profitable third quarter during which its revenues were significantly above pre-pandemic levels, as it “accelerated” its recovery from the Covid-19 pandemic downturn.
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NewsLatin American airlines fear being left behind in race to secure SAF
Latin American airlines are concerned they may be left behind in the race to secure enough sustainable aviation fuel (SAF) to help achieve carbon neutrality by 2050.
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NewsSpirit grounded A320s for airframe bracket inspections: FAA
The inspections that recently grounded 25 Spirit Airlines’ jets and caused dozens of flight cancellations across the carrier’s network involve potential fatigue cracking around airframe brackets on Airbus A320-family aircraft.
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NewsAir Canada begins retrofitting cabins of A320-family jets
The Montreal-based carrier recently rolled out changes to its Airbus A320 cabins, including new exterior cameras, upgraded seating, larger overhead bins, Bluetooth audio and colourful LED lighting throughout the cabin.
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AnalysisMexican airline growth story impresses despite state interventions
The country’s airlines are powering out of Covid-19 but airport and competitive challenges complicate the outlook
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NewsAir Transat’s CFO Patrick Bui to leave company
Patrick Bui, chief financial officer of Canadian airline company Transat AT, plans to leave his role on 15 December to “pursue another carrer opportunity” as CFO for Canadian discount store chain Dollarama.
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NewsSalamAir appoints acting chief executive
Omani low-cost carrier SalamAir has appointed Ahmed Mohammed Al-Shidhani as acting chief executive following the departure of Mohamed Ahmed. No reason was given for the change. The move follows Oman Air stating in August that it expects to develop closer ties with SalamAir under a restructuring plan outlined by the ...
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NewsIcelandair achieves record quarterly revenue despite weak cargo results
Icelandair achieved its highest-ever quarterly revenue during the seasonally strong July-September period, even as the weakness of cargo markets weighed on its results.
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NewsAirAsia X hits roadblock in bid to shed financially distressed status
Malaysian stock exchange Bursa Malaysia has rejected AirAsia X’s application to officially exit its status as a financially distressed entity, dealing a blow to the carrier’s recovery plans.
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NewsFrontier names former CFO James Dempsey as president
Frontier Group Holdings has named longtime chief financial officer James Dempsey to president of the company.
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NewsAlaska Air Group increases Q3 profits while business travel lags
Alaska Air Group reports increased profits and generated about $2.8 billion of revenue during the third quarter, which company executives attribute to strong operational performance and “cost discipline”.
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NewsAmerican posts $545m Q3 loss as operating expenses rise almost 10%
American Airlines posted a $545 million loss for the third quarter of 2023 as its expenses jumped 9.4% year-on-year, including an almost 17% increase in jet fuel prices and a one-time charge related to its new pilot contract.
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NewsAmerican orders four E175s with 2024 deliveries
American Airlines has ordered another four Embraer 175 regional jets, which it intends to deploy into the fleet of its subsidiary regional carrier Envoy Air.
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NewsUnited sees Dreamliner order giving it control of fleet growth plan
United Airlines’ recent order for more Boeing 787-9s reflects the airline seeking to lock in its growth opportunity amid a backdrop of sliding aircraft deliveries.
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In depthTop 100 airline groups traffic rankings 2022
Passenger traffic among leading global carriers sharply recovered last year, outpacing the additional capacity they restored and helping load factors climb back above 80%. FlightGlobal’s analysis of the airline industry traffic performance in 2022 based on the top 100 airline groups by revenue passenger kilometre (RPKs).
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AnalysisUnited banks on international gains amid fourth quarter headwinds
United Airlines executives struck a bullish tone about the strength of international markets, even if the disruption to its Tel Aviv services was a key contributor to a weaker fourth quarter outlook.
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NewsQantas axes plans to acquire charter operator Alliance Aviation
Qantas has scrapped plans to acquire resources charter operator Alliance Aviation – months after competition regulators opposed the deal – noting that “there is no reasonable path forward” for the merger now.
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NewsAir India Express rebrands and sets 170-aircraft target as 737 Max jets arrive
Air India Express has launched its new branding, weeks after taking delivery of its first two Boeing 737 Max jets, as Air India Group continues its transformation and growth under Tata Group ownership.
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NewsTransavia to pick up routes as Air France signals end to Paris Orly flights by 2026
Air France has outlined plans to transfer operations of its domestic flights from Paris Orly airport to its leisure unit Transavia citing a “structural fall” in demand for the network carrier’s services.
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NewsUnited lifts Q3 profits a fifth on strong international demand
United Airlines’ net profits climbed by one-fifth in the third quarter to reach $1.1 billion, in part driven by a strong performance on its international routes in the Atlantic and Pacific regions.