Strategy – Page 29
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NewsUnited posts three-fold rise in second-quarter profit as demand surges
United Airlines posted a second-quarter profit of $1.08 billion, as passenger demand for travel at the beginning of the Northern Hemisphere’s summer travel season surged.
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NewsIATA slams North American air traffic control chaos
The International Air Transport Association has slammed North American aviation regulators for dragging their feet on increasing staffing at air traffic control centres.
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NewsSouthwest adds former US senator Roy Blunt to board of directors
Blunt joined the 15-member board on 16 July, and will apply his “broad experience spanning health care, infrastructure and national security” to the role.
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NewsTurkish Airlines establishes subsidiary to run AnadoluJet
Turkish Airlines has formally established a wholly-owned subsidiary to run low-cost operation AnadoluJet.
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NewsFlight attendant union schedules strike vote against American Airlines
American Airlines’ flight attendants are set to vote starting late this month on whether to approve a strike against the carrier, a move coming as the airline and union continue battling over a new contract.
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NewsFormer Atlas Air chief takes finance role at FedEx
Former Atlas Air Worldwide chief executive John Dietrich is to join FedEx as chief financial officer on 1 August.
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In depthAirline Business Covid-19 recovery tracker: July 2023 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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NewsExpressJet planning revival as widebody charter operator
Defunct US regional airline ExpressJet could re-emerge as a charter carrier under new ownership, initially flying passengers on one Boeing 777-200ER.
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NewsCathay buoyed by e-commerce as it grapples with flat demand
Cathay Pacific is grappling with flat demand and a steep increase in cargo capacity, but freight volumes continue to pick up as capacity recovers from last year’s lows.
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In depthThe Airline Strategy Awards 2023: winning stories
Alaska Airlines’ Ben Minicucci, Pegasus’ Guliz Ozturk and Singapore Airlines’ Goh Choon Phong were among those recognised at this year’s Airline Strategy Awards on 16 July in London, alongside former American Airlines chief executive Doug Parker.
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NewsUnited Airlines and pilots agree on new contract
United Airlines and its pilots have come to an agreement in principle (AIP) on a new contract.
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NewsAmerican and JetBlue begin unwinding Northeast Alliance
American Airlines and JetBlue Airways have begun to unwind their Northeast Alliance, two months after a court ruled it was anti-competitive.
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NewsCathay expects swing to half-year profit
Hong Kong’s Cathay Pacific Group expects to report a net profit of up to HK$4.5 billion ($576 million) for the six months ended 30 June, on the back of strong demand following the easing of pandemic travel restrictions.
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NewsDelta kicks off Q2 airline earnings with record revenue and ‘robust demand’
Delta Air Lines kicked off the second-quarter earnings season by reporting record revenue and delivering a message of optimism that the post-Covid-19 recovery is in full swing and sustainable.
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NewsletterEyes on winter outlook with airlines set for record-breaking Q2 earnings
The airline earnings season got under way today as Delta Air Lines announced its financials for the three months to the end of June.
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NewsAir Baltic flags highest-ever first-half revenue
Air Baltic saw its highest-ever first-half revenue this year, according to guidance released on 13 July.
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NewsWalsh calls on politicians to address ‘unacceptable’ ATC issues as traffic peaks
IATA director general Willie Walsh has called on politicians to resolve issues with ATC performance in the USA and Europe, as fears over peak-season travel disruption become reality in some cases.
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Interview‘At least five more years’: Capital A’s Fernandes downplays retirement rumours
Capital A chief executive Tony Fernandes will stay on with the group in the near-term, downplaying retirement talk while stressing that a succession plan is in place.
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NewsFernandes to focus on AirAsia and digital push after ending football interest
Capital A chief executive Tony Fernandes has sold his interest in English football club Queens Park Rangers in order to focus on AirAsia and its associated units.
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NewsUS pilot union demands government close charter ‘loophole’ being ‘exploited’ by JSX and SkyWest
Air Line Pilots Association, International continues decrying what it calls a “loophole” of scheduled flights being operated under the guise of Part 135 charter operations.