Strategy – Page 43
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NewsAir Transat and CAE to build pilot pipeline with new Ascension Academy
Canadian leisure carrier Air Transat and CAE have created a new cadet academy to help the airline meet soaring demand for pilots.
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NewsAirAsia Cambodia to launch in November, with MRO unit to follow
AirAsia’s Cambodia unit will begin operations in November, as sister company Asia Digital Engineering (ADE) looks to set up an MRO joint venture in the country.
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NewsIAero Group files for Chapter 11 bankruptcy protection
IAero Group, formerly Swift Air, has voluntarily filed for Chapter 11 bankruptcy protection in Florida.
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NewsUPS names Bill Moore as next president of UPS Airlines
UPS has named Bill Moore as the next president of UPS Airlines, effective next month.
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NewsBamboo Airways vows restructuring amid challenging year
Embattled Vietnamese carrier Bamboo Airways says work to restructure its operations is ongoing, as it targets improvements in its financial performance.
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NewsMalaysia Airlines, Cathay axe joint-business plans
Cathay Pacific and Malaysia Airlines will not proceed with plans for a joint-business, after regulators in Malaysia expressed concern over the “significant reduction” in competition.
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NewsAustralian competition regulator proposes to deny Qantas-China Eastern partnership
The Australian Competition and Consumer Commission (ACCC) is proposing to block Qantas’ plans to renew its partnership with China Eastern Airlines, citing price hike concerns amid a return of Chinese travellers to Australia.
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NewsTransat AT posts first profitable quarter since 2019 due to strong leisure demand
The parent of Canadian carrier Air Transat reports on 14 September making C$57.3 million ($43.5 million) during its fiscal third quarter – its first quarterly profit since late 2019.
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NewsMesa Airlines CFO Zubeck to leave US regional carrier
After working for nearly two years as chief financial officer of US regional carrier Mesa Airlines, Daniel Torque Zubeck is resigning from the company effective 15 September.
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NewsUnited’s bookings remain high as hub strategy pays off: Leskinen
As numerous US airlines revised their third-quarter results estimates due to higher fuel prices and lower-than-expected bookings, United Airlines remains committed to the financial guidance it published in July, touting its hub-and-spoke network as well as its United Next strategy.
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News‘Canary in the coal mine’: Frontier cuts Q3 capacity forecast as bookings sag
Frontier Airlines has cut its capacity forecast for the third quarter based on lower bookings and higher fuel prices, making it the latest North American carrier to lower expectations for the period.
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News‘Infuriating’: Hawaiian’s CEO blasts Pratt’s PW1100G response as airlines plan to ground more jets
Hawaiian Airlines’ chief executive has taken issue with how RTX and subsidiary Pratt & Whitney (P&W) apparently plan to handle its massive recall of PW1100G geared turbofans (GTFs), which power Hawaiian’s Airbus A321neos.
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NewsSpirit reduces Q3 revenue forecast due to fuel cost bump
Ultra-low-cost carrier Spirit Airlines has become the latest US airline to lower its third-quarter revenue forecast based on higher-than-expected fuel costs.
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NewsInflation's 'biggest spike is behind us': Alaska Airlines CFO
Still facing cost increases on some fronts, Alaska Air Group's leadership believes it has successfully navigated the worst of industry-wide inflation related to the Covid-19 pandemic.
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NewsJetBlue decries ‘startling switch in positions’ in federal antitrust lawsuits
JetBlue Airways has accused the US Department of Justice of “taking inconsistent positions” in respective lawsuits to break up JetBlue’s Northeast Alliance with American Airlines and block its proposed acquisiton of Spirit Airlines.
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NewsJetBlue commits some Spirit assets in Northeast USA and South Florida to Allegiant
JetBlue Airways has entered a second divestiture agreement with a rival low-cost carrier – this time, Allegiant Air – as part of its bid to acquire Spirit Airlines.
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NewsNorthern Pacific Airways to rebrand itself as New Pacific Airlines
US start-up carrier Northern Pacific Airways plans to rebrand itself as New Pacific Airlines rather than fight a trademark lawsuit.
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NewsGlobalX lands deal for financing and construction of new South Florida MRO hangar
US charter carrier GlobalX has reached an agreement with Sheltair Aviation for the financing and construction of a new maintenance facility in South Florida that will support the airline’s fleet growth plan.
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NewsAegean Airlines eyes full-year profits high after strong second quarter
Greek carrier Aegean Airlines expects to post record full-year profits for 2023 after disclosing pre-tax earnings for the second quarter of €67.3 million ($72.2 million).
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NewsWestJet appoints board members Cruz and Smith as vice-chairs
The WestJet Group has appointed longtime airline executives Alex Cruz and Ben Smith as vice-chairs of its board.