Strategy – Page 75
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NewsJetBlue-Spirit deal approved by Spirit shareholders
Shareholders of Spirit Airlines approved on 19 October JetBlue Airways’ $3.8 billion bid to purchase the low-cost carrier, potentially signalling a dramatic shift in the North American discount airline market.
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NewsCanadian start-up Lynx Air charts course with new chief operating officer
Canadian start-up airline Lynx Air named Jim Sullivan as its new chief operating officer on 18 October as the company seeks to carve out a place among North American discount carriers.
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NewsSouth Korea’s T’way Air enters long-haul market with Sydney launch
South Korean low-cost operator T’way Air is to launch flights to Sydney in December, marking its foray into the long-haul market months after adding widebody aircraft into its fleet.
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NewsUnited upbeat on profits path after revenues surge in strong third quarter
United Airlines expects its adjusted operating margin to top 2019 levels for the first time in the fourth quarter after reporting a strong three months ending 30 September in which revenues were 13% above pre-pandemic levels.
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NewsFlyExclusive to become public company by joining with EG Acquisition
Private charter jet operator FlyExclusive is the latest aviation company hoping to benefit from a merger with a special purpose acquisition company (SPAC).
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NewsDoes recession threaten Latin American airlines’ hard-won successes?
Successfully navigating their airlines through Covid-19 was a major accomplishment, but Latin American CEOs remain wary of what lies ahead.
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NewsMexican antitrust authority approves Allegiant-Viva Aerobus joint venture
North American ultra low cost carriers Allegiant Air and Viva Aerobus were authorized 17 October by Mexico’s Federal Economic Competition Commission (COFECE) to move forward with a proposed transborder commercial alliance.
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NewsAerolineas Argentinas aims for 10 more 737 Max jets over next three years
Aerolineas Argentinas hopes to add 10 more Boeing 737 Max jets over the next three years under a fleet growth plan.
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NewsCathay’s network recovery ‘on course” as traffic improves on easing of curbs
Cathay Pacific is set to ramp up flying through the end of the year – with flights to more points in its network restored – as it confirms that it is “on course” for recovery.
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NewsCargo remains essential to health of Latin American airlines: ALTA president
Cargo remains essential to the financial health of the Latin American aviation industry in the post-pandemic environment, according to the region’s airline executives.
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NewsLATAM Airlines Group set to exit Chapter 11 in November after securing funds
LATAM Airlines Group expects to exit the Chapter 11 bankruptcy process in the first week of November, having secured the required financing.
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NewsLufthansa to install enclosed first-class suites in new group-wide long-haul cabin
Lufthansa Group has launched the ‘Allegris’ cabin product for its long-haul fleet, which will see its first-class passengers benefit from enclosed suites for the first time.
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NewsFlydubai to wet-lease 737-800s from Smartwings
Flydubai is again looking to Smartwings for leased capacity going into the busy seasonal travel period.
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NewsDelta has ‘plan B’ in case Boeing 737 Max 10 misses critical FAA deadline
Delta Air Lines is still counting on the US aviation regulator to certificate the Boeing 737 Max 7 and 10 models without extensive and expensive cockpit modifications, even though those certifications are delayed and may miss a critical deadline.
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NewsSAA eyes further growth through addition of more A320s
South African Airways has finalised plans to add more capacity for the southern hemisphere summer, under which it will take three more Airbus A320s to increase its fleet to 10 aircraft.
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NewsIAG reports ‘better than expected’ third-quarter trading
British Airways and Iberia owner IAG says trading during the third quarter was better than expected, driven by revenue strength on the passenger side of the business.
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NewsSingapore Airlines and Tata in talks over merging Vistara with Air India
Singapore Airlines is in talks with Tata Group over the possible merger of Vistara into Air India.
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NewsDelta tops record revenues in strong third quarter
Delta Air Lines reports being ahead of plan on profits for the year after posting record revenues of just under $14 billion for the third quarter.
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NewsRepublic Airways pilots secure major pay raise
Amid a broad surge in regional pilot pay, Republic Airways pilots represented by the Teamsters Local 357 union will receive a big rate increase.
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NewsNok Air narrows 2021 loss on restructuring revenue gains
Thai low-cost operator Nok Air narrowed its 2021 loss, helped by a revenue gain from debt restructuring, as well as recovery in domestic air travel demand in the second half of the year.