Strategy – Page 79
-
News‘We are back’: AirAsia Aviation sees recovery by mid-2023 amid swing to modest profit
AirAsia Aviation Group expects to recover full operations by mid-2023, as capacity ramp-up continues amid optimism that travel demand will remain robust.
-
NewsCanada Jetlines delays launch to 22 September
Canadian discount start-up Canada Jetlines has again pushed back its planned start of passenger flights, this time by about three weeks, until 22 September.
-
NewsWizz Air predicts ‘long-term’ Saudi role as it connects nine more European points
Low-cost carrier Wizz Air has announced a string of new routes between Europe and Saudi Arabia as it seeks to play its part in the kingdom’s ambitions to expand its aviation sector.
-
NewsQantas to reactivate five remaining A380s by end-2023
Qantas is to reactivate its five remaining Airbus A380s by December 2023, as the airline looks to ramp up international capacity, including resuming flights to New York.
-
NewsKenya Airways narrows first-half loss on pick-up in passenger business
Kenya Airways cut its first half losses by almost a third as the reopening of travel markets enabled it to more than double passenger revenues.
-
NewsVirgin Australia doubles 737 Max 8 order with four additional aircraft
Virgin Australia will add another four Boeing 737 Max 8 aircraft to its fleet, amid sustained strong demand for travel, and in line with fleet growth plans.
-
NewsANA to fully recover domestic network by end-October, eyes international uptick
All Nippon Airways (ANA) and low-cost unit Peach will restore domestic flying to pre-pandemic levels in the coming months, as it eyes “proactively increasing” international flights if and when Japan’s border restrictions ease further.
-
NewsAir Canada sees ‘large opportunity’ in an expanded cargo service: CFO
Air Canada sees transporting frieght as a “large opportunity” even after passengers return to air travel following the two-year industry crisis.
-
NewsExpressJet, operating as Aha, files for bankruptcy
ExpressJet, in its rebranded incarnation called Aha, has filed for bankruptcy and ceased flight operations.
-
NewsTAP sees strong summer recovery but ‘uncertain prospects’ going into 2023
TAP Air Portugal claims to be recovering “more rapidly than its peers” from the Covid-19 crisis, while also acknowledging that its future health depends on execution of its restructuring plan amid a long list of headwinds. Announcing its second-quarter results on 23 August, the Lisbon-based carrier said that revenues of ...
-
NewsKLM promotes hub head to chief operating officer role
KLM has promoted its current senior vice-president of hub operations, Maarten Stienen, to fill its vacant chief operating officer role.
-
NewsAmerican to partner with Air Wisconsin on regional routes
American Airlines is partnering with regional carrier Air Wisconsin Airlines to expand its network out of its mid-west hub Chicago.
-
NewsHarbour Air flies first ‘point-to-point’ flight of all-electric DHC-2 Beaver
Canadian regional carrier Harbour Air recently completed the first point-to-point flight of its heavily modified, all-electric De Havilland Canada DHC-2 Beaver.
-
PodcastAirline Business Podcast: 787 return, supply-chain impact and Farnborough thoughts
Graham and Lewis discuss the resumption of Boeing 787 deliveries and the impact of supply-chain issues on fleet planning.
-
NewsSouth Korean LCCs stay in red despite rising revenue
Three South Korean low-cost operators continued their loss-making streak in the second quarter of the year, despite a steady increase in revenue.
-
NewsCanada Jetlines receives air operating certificate, poised for launch
The Canadian government has granted Canada Jetlines, the country’s newest low-cost carrier, an air operating certificate (AOC), removing the final barrier to the airline’s long-awaited launch.
-
NewsPegasus saw strong demand recovery in Q2 but weak euro hits bottom line
Turkish budget carrier Pegasus saw international capacity and traffic exceed pre-Covid levels in the second quarter of this year, as leisure demand in particular “outpaced initial expectations”. That development helped the carrier to a €28 million ($28.5 million) operating profit for the three months to 30 June, Pegasus said on ...
-
NewsIAG takes 20% stake in Air Europa
British Airways and Iberia owner IAG has converted a loan to the parent company of Air Europa into a 20% stake in the airline.
-
NewsBlacklisted Iraqi Airways seeks wet-leased aircraft for European flights
Iraqi Airways has issued a request for proposals for wet-leased or ACMI aircraft for operations to Europe amid a continued blacklisting of the carrier by the European Commission. Hoping to take advantage of a provision in the blacklisting that allows banned carriers to undertake operations via wet-lease agreements with other ...
-
NewsFormer Ryanair executive returns to Malta with Wizz Air
Wizz Air has announced that its new Maltese subsidiary will be led by former Ryanair executive Diarmuid O Conghaile. The low-cost group expects to launch the new unit “later this year”, it said on 15 August, with O Conghaile becoming managing director from 1 November, having stepped down from his ...