All Strategy news – Page 1056
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Healthy future ?
The European regional airline industry has once again beaten all records, with this year's European Regions Airline Association (ERA) meeting in Hanover, Germany, reporting double digit growth in passenger traffic, re-equipment by carriers with new regional jet aircraft and reasonable profit margins. The health of the regionals is traceable ...
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PAL collapse causes new chaos
Paul Lewis/SINGAPORE The almost unprecedented demise of Philippine Airlines (PAL) has left the country's domestic carriers scrambling to find additional capacity to fill the void, while creditors and bargain hunters are beating a path to Manila to pick over the bones of the defunct flag carrier. The decision ...
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Focus falls on solo airlines after tie-ups
With British Airways and American Airlines having confirmed their move to counter the Star Alliance - with the five-airline "oneworld" alliance - attention is now turning to potential responses by major airlines which have not yet committed to one of the global blocks. The oneworld link, formally unveiled in ...
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EVA ditches plans for A340-500
Brent Hannon/TAIPEI EVA Airways has dropped plans to purchase 12 Airbus A340-500 and -600s after posting its first loss in over three years. The privately owned Taiwanese airline was among the launch customers for the new Rolls-Royce Trent 500-powered 313/380-seat A340 family, even though it never got beyond placing ...
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Kitty Hawk follows Fine Air and drops plans to buy Southern Air
Ramon Lopez/WASHINGTON DC Kitty Hawk has terminated negotiations to buy financially troubled Southern Air Transport (SAT), after the two companies failed to reach a final agreement. Neither airline would say what led to the decision to break off talks, which started soon after Miami, Florida-based Fine Air Services ...
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Italy rethinks airport proposals after Malpensa rejection
The Italian Government is revising its proposals ordering airlines to transfer from Milan Linate to Malpensa Airport after the European Commission (EC) had rejected the plan, calling it "discriminatory, disproportionate and therefore illegal". Despite the decision, Italian transport minister Claudio Burlando still insists that the airport will open as ...
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Two's Company
The announcement of the American Airlines/British Airways-led strategic alliance brings into sharp focus the long term destiny for the world's airlines. The move, which was announced on 21 September, creates a second major power to rival the Star Alliance, which until now has existed in splendid isolation. Working on ...
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AA/BA unveil 'world' alliance
Andrew Chuter/LONDON American Airlines and British Airways have finalised the first stage of their global expansion plans with an alliance that pulls the two carriers together with Cathay Pacific, Qantas and Canadian Airlines International. The group, which has been put together under the working title of "World Alliance", ...
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Russian airlines hit as financial crisis bites deep
Paul Duffy/MOSCOW Russia's civil aviation industry has begun to suffer serious losses, including bankruptcies and lease cancellations, as a result of the economic and political turmoil which has hit the country in the last month. Transaero is to return two of its three McDonnell Douglas DC-10-30s to lessor ...
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Aer Lingus seeks US suitor to beat off alliance threat
David Learmount/LONDON Aer Lingus is seeking a US airline partner prepared to inject equity into the Irish state-owned carrier. The Government intends to maintain a controlling interest in the airline. A study by the carrier into the strategic alliance plan has been approved by the minister for public ...
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Euroscot discusses franchise and return to jet operations
Euroscot Express is in advanced negotiations to launch franchise operations for a major European carrier next year, which would see the airline re-introduce jet operations from its Bournemouth base. The UK regional began operations a year ago serving Glasgow and Edinburgh with a BAC One-Eleven on wet lease from ...
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Air India privatisation process starts with equity plan
The Indian Government has started the process of privatising Air India with the announcement of a scheme which could see its holding reduced to around 40% as foreign airlines, institutional investors and staff are offered a share of the ailing national carrier. The government's Disinvestment Commission has recommended a ...
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Airbus confirms Emirates and ILFC A340 orders
Airbus Industrie has confirmed orders from two customers, Emirates and International Lease Finance (ILFC), for up to 26 A340-500/600s. The two deals have an estimated value of $3.8 billion, including options. ILFC's deal for 10 Rolls-Royce Trent 500-powered A340s includes five firm orders and five options, with deliveries scheduled ...
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Boeing to flight test 747X wing
Boeing is to flight test a full scale wing modification for the proposed 747X based on aerodynamic changes originally developed by McDonnell Douglas for the MD-11. The company has completed initial windtunnel tests of the change, dubbed the trailing edge wedge, and plans to refine the modification before flight ...
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IAE faces uncertainties after PW6000 launch
The future of the International Aero Engines (IAE) consortium is facing uncertainties in the wake of Pratt & Whitney's launch of the PW6000 and stated intent to develop the follow-on PW8000 in direct competion with the V2500. The go-ahead of the PW6000 for the Airbus A318 has fuelled speculation ...
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GE overhaul network continues to expand
General Electric is continuing the aggressive expansion of its engine overhaul and maintenance network by forming GE Varig Engine Services, a new joint company to be located at the Brazilian airline's Galeao International Airport overhaul site in Rio de Janeiro. The company is being formed through its recently acquired ...
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survey reveals harsh realities of marketplace
Alan Dron If you want to be an airline pilot, don't bother with university. And if you do make it into a cockpit, there is a 33% chance of being unemployed at some time in a given five-year timespan, with the average fallow period being one year. These ...
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Green light for Emerald Isle carrier's alliance bid
State-owned Irish flag-carrier Aer Lingus will take around six months to find an investor and strategic alliance partner after getting the go-ahead for partial privatisation, the Irish Government has predicted. Dublin has given Aer Lingus the green light to press on with efforts to enter a global alliance and ...
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First lessons for pilots
The first class in a new training scheme, implemented as a result of a new agreement between Oxford Air Training School, UND Aerospace and Raytheon Systems, is currently under way. The training, which will take place at UND's facilities in Mesa, Arizona, provides initial training for classes of 10 ...
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MTU plans Chinese venture
MTU and China Southern Airlines are to establish a joint venture that will broaden their range of maintenance activities. The move will strengthen Daimler affiliate MTU's position as a leading independent maintenance provider. Following a feasibility study, the joint venture agreement should be finalised by June 1999 to ...