Strategy – Page 34
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NewsAir India outlines transformation progress under Vihaan.AI plan
Air India has outlined progress so far under its Vihaan.AI business transformation programme, including repairing inflight entertainment (IFE) equipment, and putting its Boeing 787 fleet on a performance improvement plan.
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NewsLufthansa agrees sale of remaining catering business
Lufthansa has agreed to sell its remaining catering business LSG Group to private equity firm Aurelius, a deal it hopes to complete in the third quarter.
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NewsFinnair chief sees some travellers avoiding Russian overflights with Chinese airlines
The chief executive of Finnair has acknowledged that Chinese airlines have an advantage over European carriers in still having access to Russian airspace, but says he does not expect all passenger segments to take up that option.
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NewsSpiceJet hives off its air cargo business
Indian low-cost carrier SpiceJet has finally spun off its SpiceXpress freighter business as it looks to grow the company.
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NewsEurocontrol says pent-up demand ‘vivid’ but full traffic recovery still set for 2025
Eurocontrol has revised slightly upwards its forecast for flight movements in Europe in 2023 and 2024 but continues to predict that 2019 levels will only be reached in 2025.
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NewsFour new states join US lawsuit against JetBlue-Spirit deal
Four more US states have joined the federal antitrust lawsuit against JetBlue Airways’ proposed acquisition of competitor Spirit Airlines.
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NewsWestJet pilots plan vote to authorise strike
WestJet Airlines pilots represented by Air Line Pilots Association, International (ALPA) will vote to authorise a strike on 3 April as the union warns of a lockout “that could extend into the summer months”.
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NewsFirst ITA Airways A330neo emerges from Airbus assembly line
ITA Airways’ first Airbus A330-900 emerged from the hangar at the airframer’s final assembly line in Toulouse on 31 March.
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NewsCommercial chief to become new Lufthansa Cargo boss
Lufthansa Cargo’s chief commercial officer will be promoted to chief executive following the departure of Dorothea von Boxberg to Brussels Airlines.
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NewsColombia’s Ultra Air shuts down
Colombian discount carrier Ultra Air suspended all flights on 29 March, a move following news that the carrier was short of cash.
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NewsITA Airways board backs business plan
ITA Airways appears to have taken a further step towards securing a deal with would-be investor Lufthansa after the Italian carrier’s board approved a business plan “shared” with the German airline group.
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NewsChatGPT already offering ‘immediate-term business benefits’ for airlines
The leaders of Air Baltic and Finnair have joined other industry chief executives in talking up ChatGPT’s potential to positively impact their businesses across a range of functions.
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NewsEuropean SAF development ‘put back a decade’ by US IRA measures
Aviation stakeholders have urged the European Commission to consider improving its sustainable aviation fuel (SAF) incentives in light of the measures included US Inflation Reduction Act, which one airline chief executive described as a global “game-changer”.
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NewsRyanair's O'Leary rounds on regulators for failing to act on ATC strikes
Ryanair chief executive Michael O’Leary fears improved service reliability this summer from higher staffing levels across the airport ecosystem could be offset by the impact of air traffic control strikes and continued airspace restrictions because of the war in Ukraine.
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NewsUnited Airlines invests $15m in carbon-capture company Svante
United Airlines is investing $15 million in carbon-capture technology firm Svante, which is researching how to convert carbon dioxide removed from the atmosphere into sustainable aviation fuel (SAF).
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NewsLufthansa CEO positive on ITA deal but says price must reflect €486 million loss
Lufthansa Group chief executive Carsten Spohr is confident a deal can be reached on taking an ITA Airways stake before an exclusivity period ends, but says the latter’s valuation must reflect its newly announced full-year loss.
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NewsUSA has ‘thrown down the gauntlet’ on SAF investment: European airline chiefs
The USA has “thrown down the gauntlet” when it comes to investments in sustainable aviation fuel (SAF) and Europe must act in kind, according to the chief executives of Europe’s largest airlines.
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News‘Time for excuses is over’ on European airspace reform: airline chiefs
The chief executives of Europe’s largest airlines have renewed calls for Europe’s airspace to be reformed, including through a new approach to financing air traffic management (ATM) services.
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NewsChina Southern to list logistics unit
China Southern Airlines is set to spin off and list its logistics arm on the Shanghai stock exchange, as part of “business development” efforts amid dire financial results.
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News‘Unprecedented headwinds’ keep Cebu Pacific in red
Cebu Pacific remained loss-making in 2022, as the impact from “unprecedented” economic challenges outweighed recovery passenger revenue recovery during the year.