Strategy – Page 23
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NewsCuracao’s JetAir ceases operations with bankruptcy filing
Caribbean airline JetAir has grounded its aircraft and cancelled all flights after its parent companies entered bankruptcy protection in a Curacao court.
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NewsWestJet maintenance workers call off strike
WestJet’s maintenance workers have called off a strike that disrupted the airline’s normal operations earlier this week.
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NewsWestJet cancels flights ahead of possible maintenance strike
Canada’s second-largest airline WestJet has begun cancelling flights in anticipation of a strike by aircraft maintenance and tech ops employees.
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NewsAsia-Pacific carriers see ‘welcome turnaround’ in 2023 earnings: AAPA
Asia Pacific carriers rebounded to profitability in 2023, on the back of a “vigorous recovery” in passenger demand and ending a loss-making streak dating from the coronavirus pandemic.
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NewsFAA eyes new rules for charter airlines but confirms plan to nix ‘public charter’ exemption
The Federal Aviation Administration intends to subject operators of so-called “public charter” flights to the same rules that major scheduled airlines must follow, a move supported by some of those airlines and by the USA’s largest pilot union.
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NewsKorean Air puts Air Incheon in pole position for Asiana freighter business
Korean Air expects to sign a framework agreement with Air Incheon next month after picking the cargo carrier as preferred bidder for Asiana Airlines’ global freighter business.
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NewsWestJet Encore pilots ratify new five-year contract
A second attempt at ratifying a new contract between WestJet Encore’s pilot union and WestJet Group successfully ended an acrimonious period of negotiations that nearly disrupted the carrier’s regional operations.
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NewsFAA fines Emirates $1.5m for airspace violations
Emirates Airline has agreed to pay a $1.5 million penalty for allegedly flying into airspace prohibited by the Federal Aviation Administration while carrying the code of a US airline.
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NewsAir New Zealand trims senior leadership amid ‘economic challenges’
Air New Zealand has axed its corporate affairs chief as part of a cost-saving move amid “economic challenges”.
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NewsSecond investment group calls for changes at Southwest
Another US investment firm with a stake in Southwest Airlines is calling for wholesale changes to the carrier’s leadership team and strategic direction.
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NewsSouthwest pushes back against criticism of leadership
Southwest Airlines disagrees with the grim prognosis recently offered by Elliott Investment Management, a firm that now holds a roughly 11% stake in the Dallas-based carrier.
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NewsEtihad and China Eastern firm up joint venture
Etihad Airways and China Eastern Airlines have signed a joint-venture agreement – the first between Middle Eastern and Chinese carriers – which will see both operators coordinate their schedules on parts of their networks.
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NewsRex shuffles leadership with Neville Howell stepping into CEO role
Australia’s Regional Express (Rex) has promoted its operating chief to lead the airline, as current executive chair Lim Kim Hai steps down.
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NewsAkasa unfazed by supply chain crunch amid ‘ambitious’ international push
India’s Akasa Air says it is still satisfied with the delivery timeline of its Boeing 737 Max aircraft, despite ongoing delays, as it prepares to expand its operations internationally.
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NewsAir India-Vistara merger clears major hurdle with court approval
India’s National Company Law Tribunal (NCLT) has cleared the merger between Tata Group units Air India and Vistara, paving the way for the formation of India’s largest international operator.
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News’Unwillingness to evolve’ hindering Southwest’s performance: Elliott
Elliott Investment Management is calling for major leadership and strategic changes at Southwest Airlines to guide it into a more-profitable future.
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NewsRoyal Jordanian still battling tourism hit from Gaza conflict
Royal Jordanian Airlines is continuing to feel the impact of lost tourism resulting from the ongoing Israeli-Gaza conflict which stymied its hopes of returning to the black last year.
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NewsAir Transat aims to complete Porter Airlines joint venture in 2025
Air Transat plans to complete the roll out of its joint venture with Porter Airlines next year, says chief executive Annick Guerard.
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NewsAir Transat’s losses mount amid competitive pressures and P&W engine issues
Canada’s Transat AT lost C$54 million ($39.7 million) in the second quarter of its fiscal year as it faced challenges including Pratt & Whitney PW1100G engine issues, strike threats from employees and broad competitive pressures.
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News‘We left that station already’: IndiGo’s Elbers brushes off ‘traditional LCC’ label
IndiGo chief Pieter Elbers has pushed back on calling the airline a “traditional” low-cost operator, noting that it already has undertaken a series of initiatives that other low-cost carriers would not usually take.