All Strategy news – Page 1027
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JAL set for video on demand
Emma Kelly/LONDON Sextant In-Flight Systems aims to have audio- and video-on-demand (A/VOD) equipment in revenue service with Japan Airlines (JAL) next month. JAL is equipping seven Boeing 747-400s with Sextant's mSeries interactive in-flight entertainment (IFE) system. The mSeries, previously called the Multi-media Digital Distribution System, was installed on the ...
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IATA chief takes gloomy view of airline industry's outlook
Chris Jasper/RIO DE JANEIRO International Air Transport Association (IATA) director-general Pierre Jeanniot has delivered a downbeat assessment of the airline industry's immediate prospects, while listing a series of challenges which give cause for concern as the industry enters the next century. Speaking at the association's 55th annual general ...
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Lufthansa Technik looks for cuts as wages rise
Andrew Doyle/HAMBURGLufthansa Technik (LHT) is launching a renewed efficiency drive as it struggles to increase profits in the face of rising personnel costs created by this year's pay deal. The new collective bargaining agreement will saddle the German aircraft maintenance company with "a burden of over DM84 million [$45 million]" ...
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Bidding hots up for stake in South African Airways
Final bids for an equity stake in South African Airlines (SAA) are due to be received by the middle of this month, with three airlines - or airline alliances - in the running, as is a major international investment group. An internal communication from chief executive Coleman Andrews listed ...
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BA faces rivalry in quest to enlist Eastern European allies
British Airways is facing stiff competition from rivals in its attempt to enlist Eastern European allies through equity transactions. Only a year ago, the UK flag carrier was clear favourite to conclude privatisation deals with Malev of Hungary and LOT Polish Airlines. Now, both companies say the conditions BA is ...
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Brierly to increase ANZ stake
Brierly Investments has revealed plans to increase its stake in Air New Zealand (ANZ) to 60%. Sources say the move is aimed at resolving potential conflict between the carrier and Singapore Airlines (SIA) over ownership of Ansett Australia. The strategy would see SIA's majority shareholder, Temasek Holdings, increase its ...
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Cathay sick-out escalates as airline feels rising cost
The Cathay Pacific Airways pilots' "sick-out" is costing the airline millions of dollars daily, and forcing it to wet-lease aircraft from 10 carriers in an attempt to minimise disruption. The action began on 28 May with the cancellation of three flights by pilots who called in sick, claiming excessive ...
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Ultimate power
Sole sourcing is being debated as the battle to power Boeing's 777-200X/300X moves into a decisive phase Guy Norris/LOS ANGELES It is time again for cards to be put on the table in the power battle between the industry's "big three"- General Electric, Pratt & Whitney and Rolls-Royce. Unlike previous ...
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UAE lease firm ready for launch
Max Kingsley-Jones/LONDON A new Gulf-based leasing and charter company is under formation, ready for launch at November's Dubai air show. The business is being set up by the Qatar-based Gulf Falcon Leasing Group, headed by Qatar Airways founder Sheikh Hamad Al-Thani. "We are forming two companies that ...
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TAECO completes work on second Xiamen hangar and eyes third
Andrzej Jeziorski/XIAMEN Chinese maintenance, repair and overhaul specialist Taikoo (Xiamen) Aircraft Engineering (TAECO) is studying further expansion as it prepares to commission its second new hangar. "We are in the process of consideration and evaluation for a third hangar here," says TAECO assistant managing director John Chi. Provided ...
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Bykovo Avia aims for profitability and expansion
Russia's Bykovo Avia has appointed Alexander Shashkov general director. He has been given the task of returning the Moscow carrier to profitability as it prepares to expand into international operations. The airline, which is based at Bykovo Airport, 40km (25 miles) east of Moscow, regularly carried 2 million passengers ...
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Family power
IAE has come of age thanks to the growing success of its V2500 on the Airbus A320 family of aircraft Guy Norris/LOS ANGELES Business is booming for International Aero Engines (IAE), which last month celebrated the 10th anniversary of entry into commercial service of the V2500. "It's an important milestone ...
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EC rebuff forces KLM to drop bid for total Martinair control
KLM Royal Dutch Airlines has dropped plans to acquire the 50% holding in Dutch operator Martinair that it does not already own. The news comes after KLM failed to reach agreement with the European Commission (EC) over the conditions required to let the deal go ahead. In the face ...
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Poland and Bulgaria prepare to privatise national carriers
Andrew Doyle/MUNICH Plans by Poland and Bulgaria to sell off major stakes in their state-owned flag carriers are gathering pace. A strategic partner is being sought for LOT Polish Airlines, while Balkan Bulgarian Airlines is set to get a new majority shareholder. The Polish Government is preparing to ...
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Vnukovo acts to stem losses
Vnukovo Airlines, Russia's second-largest airline in terms of passenger numbers, has changed its general director and several of its senior management following several years of heavy losses. The new general director is Vladimir Roubtsov. He was a senior official in the Soviet Ministry of Civil Aviation and was with ...
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Routes
The USA has signed an open-skies agreement with the Gulf state of Bahrain and hopes to extend the agreement to the other three states that have shareholdings in Gulf Air. Discussions have begun with Oman, while an outline agreement was reached with the United Arab Emirates in April. There have ...
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L'Aeropostale plans express cargo network
French company L'Aeropostale is discussing opening a new European express freight network in an alliance with subsidiaries of its two shareholders, La Poste and Air France. The firm is about to embark on a major expansion of its capacity, replacing its two Boeing 727s with three cargo-configured Airbus A300B4s ...
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Flightlease orders charter 767s
Andrew Doyle/MUNICH SAirGroup has taken a step towards standardising the fleets of its charter airline affiliates on the Boeing 767-300ER after leasing subsidiary Flightlease placed an order for up to eight of the twinjets. The aircraft will be operated by Balair CTA, Sobelair, LTU and Air Europe, part of the ...
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France changes direction on Orly restrictions
The French Government has bowed to pressure from airlines and employees to drop plans to limit the range of flights from Paris Orly - the capital's second international airport. Transport minister Jean-Paul Gayssot had wanted to cut the maximum distance airlines could fly from the airport to 5,000km (2,700nm), ...
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Aegean launches with Avros
New Greek domestic carrier Aegean Airlines has launched scheduled services with its first two British Aerospace Avro RJ100s. The airline is operating from its Athens base to Thessaloniki, Chania, Heraklion and Rhodes and aims to add international destinations next year. Established air taxi operator Aegean Aviation decided to launch the ...