Strategy – Page 68
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NewsAustralian LCC startup Bonza awarded AOC
Australian low-cost operator Bonza has been awarded its air operator’s certificate, paving the way for an imminent launch after lengthy delays.
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NewsOptimistic Hong Kong Airlines targets return to pre-pandemic capacity by 2024
Hong Kong Airlines (HKA) expects to return to pre-pandemic capacity by mid-2024, as it restarts hiring following what it calls a “rapid recovery” in air travel demand.
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NewsAlaska Airlines plans to add 3,500 employees in 2023
Alaska Airlines plans to hire some 3,500 employees for a variety of roles in 2023 – including pilots, flight attendants and customer service agents – to keep pace with its rapidly growing fleet.
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NewsSpirit pilots approve new two-year deal with $463m pay gain
Spirit Airlines pilots voted on 10 January to approve a new two-year union contract that could be renegotiated if the airline’s pending acquisition by rival discount carrier JetBlue Airways collapses.
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NewsPlay picks secondary Toronto airport for first Canada flights
Icelandic low-cost carrier Play will serve its first Canadian destination from June, when it launches service to one of Toronto’s secondary airports.
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NewsGlobal demand for air cargo tailing off: IATA
Global demand for air cargo “softened” in November 2022, the most recent month of data, as carriers continued facing economic headwinds and the pandemic-related cargo boom lost steam.
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NewsSouthwest estimates loss of at least $725m from holiday meltdown
Southwest Airlines estimates losing between $725 million and $825 million due to its nationwide operational meltdown over the busy end-of-year travel period, and warned investors that it anticipates a net loss in the fourth quarter of 2022.
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NewsHorizon Air names Jason Berry senior vice-president of operations
US regional carrier Horizon Air has appointed former Alaska Air Group executive Jason Berry as its senior vice-president of operations.
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NewsHop chief lands at Transavia France as Stubler takes group decarbonisation role
Transavia France chief executive Nathalie Stubler is take a up a new role as special advisor for Air France-KLM ’s decarbonisation strategy and will be succeeded at the leisure unit by the current head of Air France regional carrier Hop.
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NewsRyanair raises profits outlook after strong holiday period
Irish low-cost carrier Ryanair has lifted its full-year profit guidance to a range of €1.325 billion to1.425 billion ($1.4 billion to $1.5 billion) before exceptionals after reporting a strong expected holiday period.
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NewsKenya Airways share suspension extended as restructuring continues
Kenya’s Capital Markets Authority has granted a year-long suspension of share trading in Kenya Airways to give the SkyTeam carrier more time to complete its restructuring.
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NewsRyanair passengers up 5% against 2019 during calendar year
European budget carrier Ryanair carried over 160 million passengers in the 2022 calendar year, 5% more than it flew during the same period in pre-pandemic 2019.
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NewsWizz tops previous passenger highs by 15% in 2022 calendar year
Central European budget carrier Wizz Air carried 15% more passengers in the last calendar year than it did in 2019, its previous high point.
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NewsKorean targets completion of Asiana acquisition in ‘pivotal’ 2023
Korean Air expects to complete its acquisition of compatriot Asiana Airlines this year, as the airline warns of challenges and increased competition in a “pivotal” year.
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PodcastAirline Business Podcast: Standout stories from 2022
Graham and Lewis discuss some of the most interesting developments from the past 12 months
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NewsMesa Airlines finalises new deal with United, reports dismal Q4 results
Amid the upheaval of severing its contract with longtime operating partner American Airlines and finalising a new deal with United Airlines, US regional carrier Mesa Airlines reported a $115.6 million loss during its fiscal fourth quarter.
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NewsSouthwest Airlines prepares to return to normal operations
Southwest Airlines plans to return to normal operations on 30 December following a disastrous end-of-year travel period in which the carrier has so far cancelled more than 12,000 flights over six days.
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NewsUS to reinstate Covid-19 testing requirement for air travellers from China
Starting on 5 January, the USA will begin requiring a negative Covid-19 test or proof of recovery for international air travellers coming from China.
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NewsSouthwest will ‘never again’ face nationwide operational meltdown: CEO
Southwest Airlines chief executive Bob Jordan spoke publicly for the first time about the company’s widespread operational difficulties during the busy end-of-year holiday travel period, promising that the airline’s passengers and employees will “never again face what’s happening right now”.
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NewsSouthwest cancels majority of flights in nationwide operational meltdown
Southwest Airlines is suffering a near collapse of its operations, cancelling the majority of its flights on 26 December following several days of extreme winter weather.