All Strategy news – Page 1013
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US majors beat expectations
Chris Jasper/LONDON Most large US carriers have reported a stronger-than-expected performance for the first quarter of this year on the back of strong domestic demand and improving international markets. Bad winter weather took its toll, but while several airlines posted poorer results than for the same period last year, ...
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CIT steps up with Airbus buy
Paul Lewis/WASHINGTON DC The CIT Group has signalled its intent to compete as a major international aircraft lessor with its first direct purchase of 30 Airbus Industrie A320 and A330s. The portfolio is expected to be supplemented shortly with a similar size order for new Boeing Next Generation 737s. CIT ...
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Pan Am buys Reflectone centres
Graham Warwick/WASHINGTON DC Pan Am International Flight Academy (PAIFA) is to acquire Reflectone's training centres at Washington Dulles International Airport and St Louis, Missouri. The former British Aerospace facilities house simulators for the BAe 146 and for the Jetstream 31 and J41. The Dulles site will accommodate the ...
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FlightSafety wins Northwest CRJ deal
Northwest Airlines has selected FlightSafety International to provide pilot and maintenance training for Bombardier Canadair Regional Jets (CRJs) on order for its Northwest Airlink regional affiliates. Under the 10-year contract, extendible to 15 years, FlightSafety will locate Level D simulators for the 50-seat CRJ-200 at training centres convenient for Northwest ...
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Northwest Training upgrades systems
Northwest Aerospace Training (NATCO), the training arm of Northwest Airlines, is to upgrade the visual systems on eight of its full flight simulators. NATCO, based at Eagan, Minnesota, has awarded Evans & Sutherland (E&S) a contract for nine ESIG-3350 visual systems - eight of them to upgrade Airbus A320, ...
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Delta aims for north-east USA
Graham Warwick/WASHINGTON DC Atlantic Southeast Airlines (ASA) is to expand into the north-eastern USA, under the first combined schedule drawn up since Delta Air Lines took over the carrier earlier this year. Atlanta, Georgia-based Delta Connection carrier ASA, will operate three daily regional jet flights from Islip, Long Island, ...
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Chileans to select new widebody
David Learmount/SANTIAGO LanChile is to decide on acquiring long-range widebody aircraft by the end of July, says chief executive Enrique Cueto. Chile's leading airline, Lanchile is also expected to decide whether to join the American Airlines/British Airways-led oneworld alliance next month. The requirement for the new aircraft has ...
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Aegean Airlines joins attack on Olympic
Julian Moxon/ATHENS Greek scheduled carrier Aegean Airlines has taken delivery of the first two of up to four British Aerospace Avro RJ100s, as it joins the attack on the former monopoly of state-owned Olympic Airlines. Aegean will begin operating scheduled services with the aircraft to Thessaloniki, Heraklion, Chania and ...
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Mergers
Pan Am parent Guilford Transportation Industries is planning to buy ailing Nations Air. The purchase could hasten Pan Am's shift to scheduled operations - a move that might also be aided by the US FAA's decision to suspend, rather than revoke, the air operator's certificate of Kiwi International Airlines, in ...
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SAA bidding war hots up, but privatisation schedule slips
Doug Birch/LONDON South Africa has missed the latest deadline for the publication of a list of bidders for a stake in South African Airways (SAA). Sources close to the privatisation suggest frontrunner Lufthansa faces a serious challenge from other bidders. The South African Government was due to issue ...
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Creditors threaten Philippines over rescue plan
The spectre of fleet repossession is once again looming over Philippine Airlines (PAL), with the carrier's leading creditors warning that proposed changes to its rehabilitation plan are "not acceptable". Those changes stem from the assumption of direct management control over the airline by its former chief executive Lucio Tan. ...
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Alliances force pace on safety
David Learmount/SANTIAGO DE CHILE Airline alliances are on course to form professional standards councils to ensure that their less safe members meet acceptable performance levels. Prof Graham Hunt, head of the School of Aviation at Massey University, New Zealand, gave the news to delegates at the International Civil Aviation Organisation's ...
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Fairchild talks continue as ATR revises Airjet
Andrew Doyle/MUNICH Fairchild Aerospace and ATR partners Aerospatiale and Alenia have failed to resolve the main obstacles to their possible collaboration on a family of regional jets. Talks continue in an effort to find a compromise. While differences remain over the location of final assembly lines, engines and ...
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British Midland weighs up 717 but pushes for shrink option
Chris Jasper/LONDON British Midland (BM) has emerged as a potential first European airline customer for the Boeing 717 twinjet. Chairman Sir Michael Bishop suggests the carrier might opt for the aircraft if Boeing can be persuaded to develop it as a family, including a smaller shrink model. The ...
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UK/US bilateral deal not such a 'big bang'
Chris Jasper/LONDON UK transport secretary John Prescott will meet his US counterpart, Rodney Slater, this week for talks which, according to government sources, will move the two countries further along the path to a new bilateral air services agreement. Prescott was due to meet Slater during a visit to ...
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Spring clean
There is no point in an airline carrying out a safety audit unless its employees, from chief executive to check-in clerk, are prepared to hear the truth, to recognise it as the truth, and then implement the findings. That may not be easy. Implementation may demand a total change ...
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Airbus readies for A318 launch
Paul Lewis/WASHINGTON DCAirbus Industrie is on the verge of finally launching the A318 twinjet. At the same time the European consortium has signed Egyptair as a launch customer while engine supplier Pratt & Whitney is pursuing a trade-in deal with Air China to exchange old Boeing 747s for A318 orders. ...
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United polar route launch awaits Russian go-ahead
Paul Lewis/WASHINGTON DC United Airlines hopes to be the first international carrier to launch a non-stop scheduled commercial service between New Delhi and Chicago, via central Russia and the Polar region. The service will start from late October, provided that Moscow gives it the go-ahead. The North American carrier ...
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Creditors oppose Philippine Airlines rescue plan
Andrzej Jeziorski/SINGAPORE Philippine Airlines' (PAL) critical rehabilitation plan, aimed at saving the troubled carrier from collapse, is meeting with opposition from its unsecured creditors. The plan must be approved by the Philippine Securities and Exchange Commission (SEC) by 15 April, but Chase Manhattan International Finance has urged the body ...
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ANA Austrian stake
Austrian investors Bank Austria and SKWB Schoellerbank have acquired the 9% stake in Austrian Airlines previously held by All Nippon Airways (ANA), taking their stakes to ASch160 million ($12.5 million) and ASch74 million, respectively. Following the deal, the pair now have a 21.2% share in the flag carrier, with Austrian ...