Strategy – Page 48
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NewsIberia enters BA and Qatar Airways joint venture
Iberia has become part of the joint venture between by fellow Oneworld carriers British Airways and Qatar Airways, expanding what had already been described by its founders as “the world’s largest airline joint business”.
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NewsFedEx pilots reject tentative contract
The union representing FedEx pilots on 24 July rejected a tentative contract with the logistics giant, setting back negotiations on a five-year deal that would have taken effect next month.
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NewsIATA opposes ban on night flights at Brussels airport
IATA has voiced its opposition to proposals that would see night flights banned at Brussels airport on the grounds of reducing noise, claiming such a move would ignore Belgium’s international obligations.
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NewsFinnair swings to profit in Q2 citing adjustment to Russia airspace closure
Finnair has reiterated its guidance for a stronger-than-expected full-year performance, saying its positive second-quarter results reflect its successful adjustment to the closure of Russian airspace.
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NewsAirAsia X seeks to shed financially distressed status
AirAsia X is seeking to officially exit its status as a financially distressed entity, citing a “more sound and viable financial position” since undertaking a wide-ranging business restructuring.
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NewsJet Airways names new directors, but vacant CEO post looms large
Jet Airways has appointed three directors to its board – including naming a new chief financial officer – but has not disclosed a new airline chief.
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NewsAmerican reports ‘outstanding’ Q2 with $1.3bn profit
American Airlines reported a $1.34 billion second-quarter profit as passenger demand continues to rise and fuel prices fell by more than one-third since last year.
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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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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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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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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.