All Strategy news – Page 1049
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News
Routes
-Air Mauritius has launched a weekly flight from Mauritius to the Mozambique capital Maputo with a Boeing 767-200ER. The same-day return leg flies via Harare, replacing the airline's non-stop flights between Mauritius and the Zimbabwean capital. Lagos is added to the African network on 3 December with two weekly 767 ...
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Pressure mounts for Uganda Airlines
Chris Yates/LONDON Doubts are rising over whether Uganda Airlines will survive to see its eventual planned privatisation. The airline, which operates a single leased Boeing 737-500, is being propped up by a government subsidy as it attempts to stave off creditors seeking payment for mounting unpaid debts. The situation has ...
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Airtours aims to extend Europe links
Corsair, the French charter airline, looks set to become the next European airline to join the fast-growing Airtours group as its parent company, Nouvelles Frontieres, may be taken over by the UK tour operator. Airtours and its UK rival Thomson, which runs Britannia Airways, have been progressively expanding throughout ...
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American races to Reno Air
Ramon Lopez/WASHINGTON DC American Airlines has acquired Reno Air in a deal worth $124 million. The acquisition is expected to be completed in the first quarter of 1999, after which the airlines will begin integrating the route networks and work forces. American, the second-largest airline in the USA, plans to ...
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Mandarin/Formosa set to merge in June
Andrzej Jeziorski/SINGAPORE Taiwan's China Airlines (CAL) has fixed a June target date for the merger of its two subsidiaries, Mandarin Airlines and Formosa Airlines. The move is intended to create a new domestic carrier, allowing CALto concentrate on international services. It has been under examination since mid-1998, following ...
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Litton flight tests gyro retrofit on Boeing 727
Litton Aero Products is flight testing its LTR-97 fibre optic gyro-based system on a Boeing 727-200 as a strap-down replacement for potentially thousands of aircraft equipped with older electro-mechanical, vertical and directional gyros. The market, estimated to be for around 5,000 systems, includes McDonnell Douglas DC-8s, DC-9s and MD-80s, ...
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Sticky problems tar Malpensa operations
The latest in a stream of mishaps and malfunctions to have plagued Milan Malpensa Airport since its 25 October "relaunch" as Milan's primary international airport is the melting of the newly laid surface of runway 1. Aircraft were disabled on 5 and 6 November when lumps of tar stuck to ...
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Routes
-Alitalia Cargo and KLM Cargo have started a joint freighter service. Using two KLM Boeing 747-300s and three Alitalia 747-200s, the airlines have a multihub arrangement based on Amsterdam Schiphol, Milan Malpensa and Rome Fiumicino. The agreement enables Alitalia Cargo to add Amsterdam, Dubai, Kuala Lumpur, Penang, Singapore and Tel ...
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Pension problems threaten to delay SAA sell-off
Lufthansa chairman and chief executive Jürgen Weber says that the privatisation of South African Airways (SAA) is unlikely to take place before next year. Lufthansa and Singapore Airlines (SIA) are seen as front runners to take a 20-35% stake in the South African flag carrier, which was expected to ...
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SAirGroup buys 49% of LTU and eyes full access to EU market
Andrew Doyle/DÜSSELDORF SAirGroup has finally completed its long-awaited acquisition of a 49.9% stake in German tour operator LTU as the latest step in its plans for a major expansion of its operations in the European leisure travel market. The deal comes as senior executives at the Swissair parent are expressing ...
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Common theme
Graham Warwick WASHINGTON DC Can airlines agree to buy a standard aircraft, in the hope of reducing costs, or will each continue to demand hundreds of custom changes that set its aircraft apart from any other carrier's? That is the question facing an airline task force which is to ...
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Cathay's effort to revive PAL earns approval from receiver
Andrzej Jeziorski/SINGAPORE A conditional offer by Cathay Pacific to invest up to $100 million in debt-ridden Philippine Airlines (PAL) has been accepted by PAL's interim rehabilitation receiver committee. The two airlines say they will jointly draft a "rehabilitation plan" for PAL, to be submitted to the Philippines Securities ...
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A330s head for Brazil after currency hiccup
Joe Sims/MIAMI TAM expects to take delivery of its first two Airbus A330s by the end of the month after a delay of over a month caused by a currency crisis in Brazil. The carrier, based in Sao Paulo, had been due to receive its first of five Pratt & ...
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British Midland goes regional with ERJ-145s
Max Kingsley-Jones/LONDON British Midland (BM) has confirmed its expected move into regional jet operations, with a $200 million order for up to 15 Embraer RJ-145s. The airline, however, has not yet finalised its fleet plans for long haul aircraft, but has held delivery positions with Airbus Industrie and Boeing ...
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China Airlines shares will go on the market
Taiwan's state-controlled China Aviation Development Foundation (CADF) has approved the proposed sale of half of its 71% majority stake in China Airlines (CAL) to yet to be identified local or foreign investors. CADF plans to reduce its holding in CAL to 35.5%, as part of a move to revamp ...
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GB Airways follows BA with A320 family deal
GB Airways has followed the lead of its franchise partner, British Airways, and decided to drop its Boeing 737 fleet in favour of the Airbus A320 family, with a deal for up to 14 aircraft. The airline, which operates franchise flights for BA to North Africa and the western ...
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Equity purchase puts Texas Pacific in GPA driving seat
GPA shareholders have approved an equity purchase which looks set to put US group Texas Pacific in control of the Irish leasing company. If, by the closing date of 19 November, there has been no valid objection to the deal, Texas Pacific will own 62.63% of the Shannon, Ireland-based company's ...
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Marketplace
-Debonair has signed a lease purchase agreement with Air Atlantic parent IMP for the acquisition of three British Aerospace 146-200s, which have become available following the closure of the Canadian regional carrier. The first aircraft will arrive at the end of this month, with the second following in December and ...
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Raisbeck installs Stage 3 mixer for 727 tests
Raisbeck Commercial Air Group has begun flight tests of a Boeing 727-200 fitted with newly developed engine tailpipe forced mixers. The tests are aimed at achieving certification of the company's heavy gross weight (HGW) Stage 3 system by March 1999. The US company says the tests are attracting "serious ...
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Royal Brunei is forced to delay A319s by new management
Paul Lewis/SINGAPORE Royal Brunei Airlines (RBA) has been forced to postpone taking delivery of two Airbus A319s in the wake of a senior management shake-up within the company, and after having failed to meet payment deadlines to the manufacturer. RBA had been scheduled to take delivery of the ...