All Strategy news – Page 1012
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News
Routes
Malaysia Airlines (MAS) has signed its first commercial co-operation agreement with a US carrier, forming a partnership with Northwest Airlines. The agreement entails codesharing on MAS services between Kuala Lumpur and Los Angeles, and on Northwest's Kuala Lumpur-Detroit flights. The carriers say they plan to increase co-operation to US and ...
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China maintenance market attracts joint ventures
New Chinese maintenance company Shandong TAECO Aircraft Engineering (STAECO) plans to expand its capabilities and customer base by mid-2000. The move is part of a wide-ranging expansion of maintenance capacity in China as established companies increase facilities and new entrants join the fray. STAECO carries out maintenance below D checks ...
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BWIA poised for major share sale
Paul Lewis/MIAMI BWIA International Airways is to move ahead with share offerings on stock markets in the Caribbean and USA in an effort to raise up to $100 million in capital to underwrite the acquisition of replacement widebody jets. The Trinidadian carrier plans to make an initial public offering ...
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Boeing launches turnkey initiative with DHL freighter conversion contract
Max Kingsley-Jones/SEATTLE Boeing has raised its interest in aircraft remarketing and support to a new level following the launch of a far-reaching package of services covering DHL International's acquisition of converted 757 freighters. The "turnkey" deal is a departure for US manufacturer Boeing and is expected to be followed ...
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Virgin drops Sun Air plans
Virgin Atlantic Airways has abandoned plans to revive failed South African regional carrier Sun Air, but is chasing a tie-up with another regional, Nationwide Airlines, after winning a weekly frequency to Cape Town ahead of UK rival British Airways. Virgin already flies to Johannesburg and had codeshared on Sun ...
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BA/CityFlyer deal on - but with slot limits
UK trade and industry secretary Stephen Byers has approved the acquisition of CityFlyer Express by British Airways. He has, however, imposed a tougher cap on the number of take-off and landing positions BA can control at London Gatwick Airport, where the carriers are the two biggest slot holders. As ...
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Chinese airline tie-up talks break down
Merger talks between Air China and China Southern Airlines have broken down, Beijing-based industry sources say. Reports say talks failed amid continuing concern over flag carrier Air China's financial shape, with China Southern unsure of the merits of a merger. Flight International sister on-line service Air ...
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Europe seeks views on Galileo navigation system
Emma Kelly/AMSTERDAM The European Commission (EC) has set up transportation groups to start gathering views from potential users of the Galileo satellite navigation system. Although forums have been established for the maritime, road and rail industries, no such group has been set up for aeronautical users. "We don't want ...
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Airlines cut millennium flights
David Learmount/LONDON Airlines are cutting flights 24h either side of midnight 31 December in response to lower than normal passenger bookings. Overall passenger demand is following a "seasonal pattern", according to scheduled and charter carriers, people are travelling earlier for a longer New Year holiday and want to be at ...
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Sony Trans Com sell-off near
Emma Kelly/SALT LAKE CITYAn unidentified avionics manufacturer, widely believed to be AlliedSignal, is conducting a due diligence review of Sony Trans Com with a view to buying the in-flight entertainment (IFE) supplier from Sony. Sony Trans Com declines to confirm the identity of the suitor, saying only that the company ...
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Rockwell to join audio/video/on-demand club from next year
Rockwell Collins Passenger Systems will test audio/video/on-demand (A/VOD) capability on its Total Entertainment System (TES) with an unidentified airline in the first quarter of next year. Rockwell is the last of the major in-flight entertainment (IFE) hardware suppliers to offer A/VOD functionality, which provides passengers with control over their ...
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European low cost carriers fold as competition hots up
Andrew Doyle/MUNICH Max Kingsley-Jones/LONDON Increasing competition between Europe's low fare airlines has forced two more independent carriers to cease operations. One-year-old Norwegian scheduled airline Color Air has been shut down by its parent company after failing to show signs of turning around its mounting losses, while the UK's ...
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DHL completes British Airways 757 deal
Max Kingsley Jones/LONDON DHL has concluded its long- running negotiations with Boeing and British Airways for the acquisition of a massive fleet of converted Boeing 757 freighters, and will take the first of 44 aircraft in mid-2001. An announcement was expected on 5 October. Discussions between DHL, BA ...
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Delta, SIA and Swissair sever equity ties
Andrzej Jeziorski/SINGAPORE Delta Air Lines and Swissair are unravelling their remaining ties with Singapore Airlines (SIA), as the Asian carrier moves closer to entry into the Star Alliance. The Swiss and US airlines have sold their equity in SIA, which has in turn offloaded its shareholdings in the ...
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Labouring in Europe
TOM GILL LONDON Industrial relations appear to have improved and European workers are becoming more efficient. But will the changes be far-reaching enough to enable airlines to cope with cyclical downturn? The British Airline Pilots Association(BALPA) describes itself as "serene". The UK white-collar union MSF says it is ...
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New challenge to charter
European low-cost scheduled operators have begun to make small inroads into traditional charter markets. But, despite some aggressive noises, they have some way to go before posing a serious threat. Europe's low-cost carriers may continue to grab the headlines, but one sector remains resolutely unimpressed. The traditional charter airlines ...
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Olympic work just begun
LOIS JONES LONDON Olympic Airwarys appears to be making financial gains by attacking costs, but a major restructuring effort still faces the Greek carrier's new management team. The Greek Government tendered the management of Olympic to British Airways consulting subsidiary Speedwing, with a view to making it more ...
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UK charter airlines growing urge to merge
Consolidation is speeding up in the UK leisure market as charter carriers Flying Colours and Caledonian Airways merge to form a vertically integrated airline, JMC Airlines. The creation of JMC Airlines follows the merger of parent companies, Thomas Cook and Carlson. Over the next five years, JMC will ...
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Iberia prepares to float
The delayed flotation of a 54% stake in Iberia will start in the last week of November, according to the Spanish flag-carrier's chief executive, Angel Mullor. The initial public offering (IPO) should raise Ptas300 billion ($2 billion) for Iberia's parent, the state-owned holding group Sepi. The sale marks the ...
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The Airport Awards
The aviation industry is hardly short of awards events, but the Airport Awards can perhaps claim to be different. Uniquely, these awards aim to recognise the success of airports in developing and implementing marketing strategies - not just for the benefit of passengers and profits, but in partnership with the ...