Strategy – Page 91
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NewsStrong summer recovery drives reduction in Aegean 2021 losses
An increase of almost two-thirds in revenues last year over the pandemic-hit 2020 helped Greek carrier Aegean Airlines to cut pre-tax losses to €72.5 million ($79.8 million).
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NewsBelfast comprises half of initial Flybe network as carrier to relaunch from 13 April
Relaunched UK regional carrier Flybe will begin flights on 13 April, initially focusing on high-frequency connections linking Belfast City to Birmingham and Glasgow airports.
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NewsUS pilot union blasts SkyWest’s plans to cut air service to small cities
A US pilot union has called SkyWest Airlines’ planned cancellation of flights to 29 secondary cities “an egregious miscarriage” of the federal government’s nearly $2 billion in financial aid to the carrier during the coronavirus pandemic.
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NewsAeromexico emerges from Chapter 11 process
Aeromexico has successfully completed its restructuring and emerged from bankruptcy protection almost two years after Covid-19 forced it to enter the process.
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NewsVolotea to take six more A320s in 2022
Pan-European carrier Volotea will add six more Airbus A320s to its fleet this year as it continues to expand beyond its pre-Covid capacity. The Spain-headquartered airline – which focuses on serving mid-sized European cities – transitioned to an all-Airbus fleet last year following the early retirement of its Boeing 717s ...
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NewsFlybe set to begin ticket sales after picking Belfast as second base
Revamped UK regional carrier Flybe will begin ticket sales in a week’s time as it moves closer to launch, a little over two years after its previous incarnation ceased operations.
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NewsNorse secures Gatwick slots but holds off launch amid Ukraine impact
Start-up carrier Norse Atlantic Airways has pushed back the launch of ticket sales to April citing uncertainties stemming from the Ukraine conflict, though has now secured slots at London Gatwick airport.
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NewsShell readies 10-year airline offtake deals as it scales up SAF production
Shell is on the brink of signing its first letters of intent (LOI) with leading network carriers paving the way for 10-year sustainable aviation fuel (SAF) supply deals, according to Jan Toschka, president of Shell Aviation
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NewsDelta and Virgin strike positive note over demand despite cost pressures
Delta Air Lines and Virgin Atlantic are seeing no sign of fresh pressures stemming from the Ukraine conflict and rising costs amid ‘robust’ demand for travel.
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NewsVirgin Atlantic chief rules out Gatwick return this year
Virgin Atlantic chief executive Shai Weiss believes there remains opportunity for the carrier to fly leisure routes from London Gatwick, but he rules out a return of operations from the airport this year.
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NewsFuel prices prompt US airlines to trim capacity and raise fares
US airlines plan to hike fares and restrain capacity in the coming months, an effort to offset increasing fuel expenses with more revenue.
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NewsGol reports higher revenue, sees M&A possibilities
Brazil’s Gol reports higher revenue for the final quarter of 2021 as it continues its fleet transformation and keeps costs in check, while at the same time keeping an eye on possible consolidation in the market.
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NewsComair unable to say when flights will resume after regulator suspends AOC
South African carrier Comair has submitted documentation aimed at enabling it to resume operations after the country’s aviation regulator indefinitely suspended the airline’s operating licence in relation to ”a spate of occurrences” affecting a number of flights.
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NewsUS lawmakers urge scrutiny of Frontier-Spirit deal
A group of progressive US lawmakers is asking competition watchdogs to take a closer look at Frontier Airlines’ plans to acquire low-cost-carrier rival Spirit Airlines.
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NewsTransat CEO fears WestJet-Sunwing merger will harm competition
Transat AT chief executive Annick Guerard says WestJet’s pending acquisition of leisure airline Sunwing will “significantly” harm competition in Canada’s hotly contested leisure travel market.
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NewsTransat fiscal Q1 earnings hit by Omicron, hopes for more government aid
Transat AT, the parent company of Air Transat, experienced a “significant” Omicron-variant-fuelled hit during its fiscal first quarter 2022, as passengers took a step back from planning air travel.
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NewsMalaysia Aviation Group targets capacity boost as borders reopen
Malaysia Aviation Group (MAG) aims to operate 70% of pre-pandemic capacity by the end of the year — a significant uptick from current levels — as the country reopens its border to all vaccinated travellers.
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NewsLATAM on ‘improving trajectory’ as it works through reorganisation
LATAM Airlines Group posted a fourth-quarter loss but sees its business on “an improving trajectory” as it aims to exit bankruptcy protection process later this year.
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NewsSaunders takes commercial role as relaunched Flybe names management team
Philip Saunders, who most recently served as chief commercial officer at South African Airways, is to take up the same role at relaunched UK regional carrier Flybe.
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NewsBreeze adds first transcontinental routes as part of major expansion
Breeze Airways has revealed details of a major route expansion that will see the US start-up add flights to 10 additional cities, including several West Coast destinations, this year.