Articles tagged “airline weekly”

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Cathay Pacific’s Troubles Embodied in Hong Kong Loan Extension

While airlines around the world and even elsewhere in Asia plot their recovery strategy and add back flights, Hong Kong's Cathay Pacific may have to avail itself of more state aid. The struggling airline flew just 2 percent of its pre-pandemic passengers in April.
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JetBlue Ups Hostile Offer for Spirit Airlines to $3.4 Billion

JetBlue is raising the ante in its bid for Spirit Airlines in advance of the June 10 shareholders vote on the rival offer from Frontier Airlines. Spirit's board continues to recommend that shareholders vote for the Frontier offer.
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Outgoing KLM CEO Pieter Elbers Offers These Parting Thoughts

Departing KLM CEO Pieter Elbers's confidence in the value of a strong hub was confirmed during the pandemic. He leaves the airline on strong footing after eight-years at its helm as he departs for India's IndiGo.
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Delta Air Lines Revenues Fully Recovered From Pandemic

"I think the human spirit wants to travel," Delta Air Lines CEO Ed Bastian said. And he's seeing the proof. Delta forecasts its second-quarter revenues will be fully recovered to 2019 levels. Ticket prices will rise, as the airline still is flying only 82 percent of its 2019 capacity: Good for the airline, but summer travel will be more expensive.
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Podcast: IndiGo Goes and Goes!

Just how bullish is IndiGo CEO Ronojoy Dutta on India’s airline market? Very, very bullish. But Edward “Ned” Russell and Madhu Unnikrishnan note that others have predicted that India’s aviation market is about to take off (Kingfisher? Jet Airways?). So what makes Dutta so confident? Listen to this week’s episode to find out.