Strategy – Page 15
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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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News
Malaysia 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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LATAM 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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Analysis
How will increased debt change the airline industry?
As airlines emerge from Covid-19 and into cost pressures exacerbated by war in Europe, they face a years-long effort to pay down the debt accumulated to survive the challenges
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News
Saunders 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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Breeze 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.
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On International Women’s Day, female CEOs account for 7% of airline total
Seven of the world’s top 100 passenger airlines are led by women, according to FlightGlobal analysis updated to mark International Women’s Day – a total that represents a high point in five years of data.
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News
Qantas ramps up Alliance E190 deployment in ‘material increase’
Australia’s Alliance Aviation expects a “material increase” in Embraer E190 flying activity with Qantas, following the latter’s decision to add more regional jets through July.
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News
Nice latest addition as ‘agile’ Etihad moves onto seasonal routes
Etihad Airways Group chief executive Tony Douglas believes that network planning has changed forever as a result of the pandemic, as the restructured Gulf carrier is itself embarking on seasonal routes it would not have previously considered.
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News
Aeroflot suspends virtually all international flights from 8 March
Aeroflot is suspending all its international flights with the exception of its Belarus services from tomorrow following further airspace restrictions impacting Russian operators.
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News
Air Baltic exits Russian market indefinitely
Latvian carrier Air Baltic has decided to withdraw from serving Russia “until further notice” as it steps up its strategic response to the military action in Ukraine.
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News
How safe were commercial airline flights in 2021?
The commercial airline industry showed improvements in several key safety metrics for 2021, according to IATA, although turboprop operations again significantly lagged the performance of jet flights.
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News
Lufthansa eyes ‘second CityLine’ through new AOC operation
Lufthansa Group chief executive Carsten Spohr describes plans for a new AOC within the group as a “second CityLine” operation, noting it would be of similar size and have the same terms for staff as the regional unit.
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News
Lufthansa in the hunt for additional widebody opportunities
Lufthansa Group will look at the opportunistic acquisition of widebody aircraft, particularly Airbus A350s and Boeing 787s, that were previously destined for sanction-hit Russian carriers.
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News
Sabre boots Aeroflot from GDS platform
Airline ticket distribution provider Sabre has terminated its agreement with Russia’s Aeroflot and is removing the carrier’s flights from its global distribution network.
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Analysis
Airlines steel for rising costs as Ukraine-Russia conflict brings unwelcome uncertainties
Developments seen over the past few days – whether related to fuel costs, sanctions, airspace restrictions or airport infrastructure in Ukraine – will take some time to resolve, even under best-case scenarios.
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News
Russian airspace crisis prompts Finnair to open talks on bringing back furloughs
Oneworld carrier Finnair is to hold talks with unions over the possibility of furloughing flightcrew for up to 90 days in response to the disruption caused by the closure of Russian airspace.
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News
Lufthansa ‘closely monitoring’ airline consolidation: Spohr
Pan-European airline operator Lufthansa Group is keeping options open on its proposed tie-up with new Italian carrier ITA Airways as it says it is “monitoring closely” renewed consolidation trends in the sector.
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News
Lufthansa sees ‘significant improvement’ for 2022 after halving full-year loss
Lufthansa Group is forecasting a “significant improvement” in operating profit from the second quarter onwards as travel demand continues to pick-up, but has stopped short of projecting a full-year outlook amid fresh global uncertainties including the Ukraine crisis.
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News
Former JetBlue and short-time Delta manager to join American
Scott Laurence, JetBlue Airways’ former head of revenue and planning, who left the carrier earlier this year to work at Delta Air Lines, only to resign after a month, will join American Airlines “in the coming days”.
