All Strategy news – Page 1050
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News
Virgin and Go launch London Stansted invasion
Virgin is poised to take over a UK airline, probably Sabre Airways, as its Brussels-based low fare division Virgin Express launches services to London Stansted. The airport could eventually become its UK hub. Meanwhile, British Airways' low fare airline Go has begun to operate at the airport. Speaking at the ...
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New business and investments help to raise Lufthansa Technik profits
Lufthansa maintenance subsidiary Lufthansa Technik (LHT)boosted its profits by 53%during 1997, achieving DM94.1 million ($52.2 million) on sales of DM3.03 billion. According to executive board member George Gallus, the figure is attributable to a huge influx of new business from outside the Lufthansa Group, with 50 new contracts signed ...
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SIA warns of harder times to come as growth creeps up
Paul Lewis/SINGAPORE Singapore Airlines (SIA) has warned of a tougher year ahead in the face of falling passenger loads and anticipated erosion of yields, after announcing only a marginal growth of net profit for the 12 months ending 31 March. The airline turned in a net profit of S$1.03 billion ...
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A319M5 takes on 717 in tussle for Northwest 100-seat deal
Guy Norris/LOS ANGELES Airbus Industrie is pitching its proposed A319M5 head-on against the Boeing 717 in the campaign to sell Northwest Airlines up to 100 of the 100-seaters to replace its McDonnell Douglas DC-9s. The US carrier, which is also planning a 30-seater order, could purchase a total of ...
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Fairchild Dornier launches 728JET
US-German regional aircraft manufacturer Fairchild Dornier scored the show's most significant coup with the launch of its 528/728/928JET family and the confirmation of conditional orders for 165 aircraft. The announcement came alongside the launch of the 42/44-seat 428JETstretched version of the company's 328JET. Apart from confirmation by Lufthansa CityLine ...
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British Aerospace aims Jetstream 32EP at Mexico
British Aerospace Asset Management is trying to persuade Mexican regional Aerolitoral to replace its fleet of 27 owned Fairchild Metros with 15 leased Jetstream 32EPs. The approach follows BAe's first deal with a Mexican carrier - to lease five 19-seat J32EPs, with seven options, to Aerocaribe. Cancun-based Aerocaribe, like ...
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Air China forges US link
Northwest Airlines, Continental Airlines, Alaska Airlines and America West Airlines have formed a strategic alliance with Air China, representing the first deal of its kind entered into by a Chinese carrier. The move ends speculation, for now, of a potential agreement between Northwest and Cathay Pacific and establishes further ...
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BA goes to FLS for maintenance deals
British Airways and its low-cost subsidiary Go have agreed major maintenance contracts with FLS Aerospace. The move comes as BA retrenches its maintenance operation after several years of attempting to turn it into a standalone profit centre. The five-year Go contract is a ground-breaking deal for both sides, with ...
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Marketplace
-British Airways has wet-leased a Boeing 737-300 from Air Atlanta Icelandic for its 1998 summer season. The aircraft is based at London Gatwick and will be operated on services to Gothenburg in Sweden. -Monarch Airlines is wet-leasing a Boeing MD-11 from World Airways for its 1998 summer season to operate ...
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Air New Zealand sells 747 Classics to Virgin
Air New Zealand (ANZ) has sold its five Boeing 747-200s to Virgin Atlantic Airways as as part of its fleet modernisation programme. The five 16-17 year old Rolls-Royce RB211-524D4-powered 747s will join Virgin between March 1999 and January 2001. The UK carrier operates six older Pratt & Whitney JT9D-powered ...
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List grows for stake in Thai International
Northwest Airlines' name has been added to the list of leading contenders to take a stake in Thai Airways International, a Government official in Bangkok has revealed. Supachai Panitchpakdi, the country's permanent secretary for finance, revealed earlier this month that the US airline is a front runner, along with ...
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Star Alliance adds Australasian net
Air New Zealand (ANZ) and Ansett Australia are to join the Star Alliance in March 1999, adding a comprehensive Australasian presence to its rapidly growing network. ANZ already has various agreements with Star members. It has an alliance with United Airlines, a "strategic partnership" with Air Canada and frequent ...
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Fairchild Dornier gives the go-ahead to 428JET project
Andrzej Jeziorski/MUNICH Fairchild Dornier is to launch the 42-seat 428JET programme at the Berlin International Air Show (ILA) as the centrepiece of a series of announcements on its regional jet programmes. The company is also expected to reveal a stretch of the 90-seat 928JET and new potential customers for ...
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Out of the ashes
Julian Moxon/BEIRUT A visit to downtown Beirut to see at first hand the reconstruction that is now taking place is a powerful way of understanding something of the spirit that lies behind the rebuilding of the Lebanese national carrier, Middle East Airlines. Twenty years of indiscriminate shelling left more than ...
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FAA takes emergency action on Boeing wiring
The US Federal Aviation Administration has issued emergency airworthiness directives (ADs) ordering inspections of fuel tank wiring in over 1,000 older Boeing 737s, 747s and 767s. The action follows the chance discovery of a damaged wire conduit during investigations to find the source of a fuel leak on a ...
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China plans new cargo carrier
Paul Lewis/SINGAPORE China Eastern Airlines (CEA) and partner China Ocean Shipping (Cosco) are planning to launch the country's first international air cargo carrier, equipped with a fleet of converted Boeing MD-11 freighters. Local industry sources say the carrier is to be named China Air Cargo and will be a ...
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Cathay Pacific nears decision on strategic airline alliance
Paul Lewis/SINGAPORE Cathay Pacific Airways expects to make a decision on a strategic alliance within months, as the carrier continues to struggle to increase revenue and cut costs further to extract itself from financial difficulties. A massive drop in international traffic since July 1997 is causing the Hong Kong ...
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El Al seeks European co-operation for hub
El Al is trying to reach codeshare agreements with Lufthansa and Air France to enable it to set up a hub in Europe. The Israeli national airline wants to sign codeshare agreements with the two European airlines and to co-ordinate timetables so that its passengers will be able to ...
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US plan to 'sabotage' European ADS-B fails
An alleged US attempt to sabotage a European-backed technology for the Future Air Navigation System (FANS) has collapsed in the face of international opposition. Delegates to an International Civil Aviation Organisation (ICAO) panel considering the matter voted to stick with their original plan for the development of a Swedish-developed ...
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Greenlandair expands into jets with 757 purchase
Greenlandair has taken delivery of a Boeing 757, its first jet airliner, which was scheduled to begin operations in competition with SAS on scheduled services between Greenland and Copenhagen from 12 May. The Nuuk-based airline already operates only two de Havilland Canada DHC-6 Twin Otters and four Bombardier de ...