Strategy – Page 28
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NewsSkyWest chairman Jerry Atkin to retire after four decades with US regional carrier
Jerry Atkin, chair of SkyWest Airlines’ board of directors, is planning to retire in May, marking the end of four-decade-long tenure with the company’s senior leadership team.
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NewsCebu Pacific returns to profit as it closes in on record narrowbody order
Cebu Pacific has confirmed it is in the “closing stages” of negotiations for the order of up to 150 narrowbody aircraft, with a likely announcement “a month of two away”.
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NewsAvianca increases 2023 earnings on back of record passenger numbers
Colombia’s Avianca saw earnings rise in 2023 as it transported 31.9 million passengers, the most in its history, while keeping costs in check.
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NewsUS regional carrier CommuteAir extends CEO Rick Hoefling through 2028
US regional carrier CommuteAir has extended chief executive Rick Hoefling through 2028 with a contract amendment recently approved by the company’s board of directors.
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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.