In addition to expanding each airline’s networks with possible add-ons to Indonesian and regional points, both carriers will explore opportunities to cooperate on their respective frequent flyer programs.
By Joe Anselmo, Jens Flottau, Daniel Williams, Ron Epstein
Bank of America’s Ron Epstein joins our experts to assess the industry’s reliance on Russian metals and whether lessors could lose hundreds of aircraft.
One of the most interesting by-products of the COVID-19 pandemic is the establishment of new partnerships and potential mergers by airlines in the Americas to carve out competitive positions as the recovery continues.
Cathay Pacific managed a return to profit for the second half (H2) of 2021, although this hard-won progress is under threat in the early months of 2022 due to stricter COVID-19 regulations in Hong Kong.
Alaska Airlines lowered its capacity outlook for the first half of 2022, a warning that rising jet fuel prices may complicate the airline industry’s recovery from the COVID-19 pandemic.
Two aircraft lessors are seizing the opportunity to grow their regional aircraft fleets, with Jetcraft Commercial acquiring 14 Bombardier CRJ1000s and Aergo Capital sealing a sale and leaseback on five De Havilland Canada Dash 8-400s.
Icelandic LCC PLAY has appointed Icelandair and WOW Air veteran Guðni Ingólfsson as aviation operations MD, replacing company co-founder Arnar Már Magnússon, who will return to his work as cockpit crew.
Russian carrier Aeroflot is suspending all international flights starting March 8, while Eastern European ULCC Wizz Air has confirmed that four of its aircraft remain stranded in Ukraine.
Federal air transport agency Rosaviatsiya has recommended that local carriers with aircraft leased from foreign lessors and registered abroad suspend all international passenger and cargo services.
United and Delta are both looking to acquire U.S.-South Africa frequencies, which are limited under the current air services agreement between the countries.
Boeing’s fast-growing 777-8F backlog has been boosted with the addition of a five-aircraft order from Ethiopian Airlines following the signing of a MOU with the African carrier.
Lessors with Western-built aircraft in the hands of Russian operators face few good options on how to manage their exposed assets—from challenging repossession logistics to uncertainty over whether operators can make payments or secure aftermarket support.
Airlines, industry and energy companies in Japan have formed a voluntary organization to promote the domestic production of sustainable aviation fuel (SAF).
The closure of Russian airspace to Finnish airlines is hitting Finnair hard as the majority of the flag-carrier’s pre-COVID revenues came from long-haul flights to Asia that overfly Russian territory.
