All Strategy news – Page 1057
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New Gulf maintenance base planned
Abu Dhabi-based GAMCO and Oman Air have announced their intention to form a new joint venture company, specialising in regional aircraft maintenance, to be based at Seeb International Airport, Oman. The new company, provisionally titled GAMCO Oman, is due to be launched in January next year. It will support ...
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UPS deal heads $8bn Airbus spree
Karen Walker Airbus Industrie chalked up yet another coup yesterday when it announced two multi-billion-dollar deals and secured a new customer, United Parcel Service (UPS), which has selected the A300-600 freighter for its widebody fleet. Wednesday's UPS order, worth $4.8 billion, combined with a $2 billion order from ...
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Matsushita links with Honeywell in key IFE move
In-flight entertainment (IFE) market-leader Matsushita Avionics Systems (MASC) is to team with Honeywell in a move which promises to alter the evolution of the industry significantly. The agreement marries MASC's leading-edge expertise in creating interactive IFE software operating platforms with Honeywell's communications and data-management skills. It is set ...
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Delta/United alliance dies
Ramon Lopez/WASHINGTON DC The refusal of Delta Air Lines directors to give its pilots a voting seat on the board have scuttled plans for a wide ranging alliance with United Airlines. The strategic alliance proposal included a code-share which had to be approved by pilots' groups represented by the ...
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New Italian airlines gear up for 1999 operations
Marco Messalla/ROME Two new Italian airlines are planning to start operations early next year, reflecting the continuing liberalisation of the country's internal market. Gandalf Airlines is considering purchasing either the Fairchild Dornier 328JET or Embraer ERJ-145 and will announce its decision on an initial purchase of two aircraft ...
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Mesa prepares to incorporate CCAir after stock transaction
Ramon Lopez/WASHINGTON DC Mesa Air Group has signed a letter of intent to merge Mesa Airlines with Charlotte, North Carolina-based CCAir. The two carriers were already linked through the Barlow Investment partnership, which has minority shareholdings in both. The transaction, valued at about $60 million, which includes $15 ...
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Strikes ground North American airlines
Ramon Lopez/WASHINGTON DC Brian Dunn/MONTREAL The first week of strikes by pilots at Northwest Airlines and Air Canada have crippled the two carriers' operations. Estimates put the revenue losses in the two unconnected labour disputes at over $150 million by 5 September. Northwest was the first to be ...
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Tata consigns plans for new Indian carrier to scrapheap
The Tata Group has finally thrown in the towel and abandoned plans to launch a privately owned domestic Indian airline in the face of more than three and half years of government procrastination, as well as repeated changes to its aviation policy. Tata dropped plans to launch the new ...
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Asian crisis bites hard into Chinese airlines
Paul Lewis/SINGAPORE Asian economic woes have finally begun to catch up with the Chinese air transport industry, with the country's two largest carriers China Southern Airlines and China Eastern Airlines sliding into the red in the first half of 1998 as the result of growing overcapacity and deteriorating yields. ...
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SAirLines buys into Italian charter airline Volare
SAirLines, the airline division of the Swiss SAir Group, has bought a 34% stake in Italian charter carrier Volare. The shareholding was acquired on 28 August as part of a capital increase by the Italian airline. The Swiss company says this will provide its own charter carrier Balair/CTA with greater ...
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Lucas Aerospace offers airline a New Deal
Lucas Aerospace has signed an innovative 10-year spares deal with Trans States Airlines that will see the US regional carrier buy access to spare line replacement units (LRUs) for Embraer ERJ-145 regional jets. The contract, whose value has not been disclosed, covers the nine ERJs ordered by St Louis-based ...
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Varig service base taken over by GE
Geoff Thomas American engines giant GE is further expanding its overhaul and maintenance network by taking over Brazilian airline Varig's facility in Rio de Janeiro. GE will own 95% of the new company - to be called GE Varig Engine Services - while the original owner will retain ...
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Embraer wins further ERJ orders from Continental
US regional carrier Continental Express has confirmed its love affair with the regional jet by turning a further 25 options for the Embraer ERJ-145 into firm orders. The $375-million deal takes Continental Express's total firm orders with Brazilian manufacturer Embraer to 100, comprising 75 of the 50-seat ERJ-145 and ...
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BA order boosts IAE to record heights
As announced at the show yesterday, International Aero Engines (IAE) president and chief executive officer Barry Eccleston is headed for a new career with Fairchild Aerospace. He leaves the engine company on an undisputed high note. Firm and option business won during the last eight months totals $5.7 billion - ...
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Tie-up brings SITA solutions to airlines
The International Air Transport Association (IATA) has selected Internet provider SITA as a preferred corporate networking partner and signed a three-year agreement for exclusive networking services for corporate offices. The result will be that airlines around the world will have desktop access to SITA's online solutions which include electronic ...
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Cathay prepares to 'mothball' last 747-200s
Cathay Pacific Airways says it will be forced to 'mothball' its remaining Boeing 747-200s if it cannot sell or lease them by the end of this year. The Hong Kong-based carrier owns seven 747-200 "Classics", and has been attempting to sell or lease them since March this year as ...
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Qantas to upgrade RB.211 engine fleet
Qantas Airways has become the latest airline to opt for Rolls Royce's up-grade of RB.211-524G engines to the improved -524G-T. Rolls-Royce managing director for airlines, John Cheffins, says engines powering 18 of Qantas's 747-400s, plus spares, will be retrofitted. Cheffins would not give the value of the deal, but ...
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Celebration marks IAE sales milestone
It was large drinks all round at the International Aero Engines stand in Hall 4 to celebrate the delivery to Lufthansa of the 1,000th V2500 engine. Barry Eccleston, IAE president and chief executive officer, was joined by representatives of the companies that make up IAE and Jan Peter Jansen of ...
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Control system keeps a handle on stock
Mark Hannant British Airways Engineering Logistics Centre at London's Heathrow airport is a hive of activity. Each week it handles and ships more than 100 tonnes of aircraft spare parts. Keeping track of the movement of such a huge volume of traffic requires a complex system. And that ...