All Strategy news – Page 1060
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News
Europe: few direct answers
Will Europe's aviation industry be ready for the year 2000? The honest answer is that nobody yet knows. To date, companies have largely been preoccupied with their own internal compliance issues, but the wider debate over how the issue will affect the industry as a whole has only just begun. ...
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Brussels has the last word
Europe's privately owned and publicly quoted airlines must be wondering what they have to do to make a dent in the European Commission's stance on state aid. Their jubilation at the European Court of Justice's annulment of the FFr20 billion (US$3.3 billion) aid package to Air France on 25 June ...
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Air Jamaica plan for all-Airbus fleet hit by shortage of aircraft
Graham Warwick/Washington DC Air Jamaica wants to move to an all-Airbus fleet "as soon as possible", to cut costs, but is being stymied by a lack of available aircraft. The Jamaican flag carrier is looking for at least four A320s and one A340, says chief executive Christopher Zacca. ...
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IAI seeks to wrap up FedEx deal with further Airtruck investors
Israel Aircraft Industries' (IAI) Airtruck specialised cargo aircraft has been selected in principle by FedEx to meet its requirement for a Fokker F27 replace- ment. The Israeli company is struggling to meet FedEx's price demands, however, and is seeking additional customers, partners and investors to enable the programme to be ...
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Gill Air closes on Fokker 100 leases for franchise flights
Gill Air is finalising a deal to acquire three Fokker 100s to enable it to launch jet operations on its Air France franchise routes early next year. The UK regional airline, based in Newcastle, has selected the 100-seat Fokker for its jet requirement over the similarly sized British Aerospace ...
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Transaero shake-up may lead to merger
Alexander Velovich/MOSCOW A battle for control at Russian airline Transaero has seen the airline's founder, Alexander Pleshakov, ousted, with Aeroflot Russian International Airlines majority shareholder Boris Berezovsky now believed to be have taken control through a share trading deal. There is now speculation that the two airlines could be ...
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Pan Am Academy investor hunt ends in Boston
Pan Am International Flight Academy (PAIFA) has been acquired by a US investment firm which has agreed to at least double the size of the Miami, Florida-based independent training company over the next three years. PAIFA was purchased by private Spanish investors in 1992 from the estate of defunct ...
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Qantas warns on competition
Paul Phelan/SYDNEY Qantas has warned that increasingly desperate competition from rivals in the region will make it difficult for the Australian airline to sustain the record profits it has just declared for the 1997/8 financial year. Operating profit was up 13.6% on the previous year at US$282 million, ...
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717 sales drought may prompt Air Canada 'walk-away' offer
Guy Norris/LOS ANGELES Boeing is stepping up its sales campaign for the 717-200 in North America and is negotiating possible "walk-away" deals with Air Canada as anxiety grows internally over the lack of new orders for the small twinjet. Boeing declines to comment on specific campaigns, but Air ...
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Braathens purchases Malmö Aviation
Braathens is to purchase Swedish airline Malmö Aviation for around SEK600 million ($74 million). Braathens partner KLM, which has a 30% stake in the Norwegian airline, will also "contribute" a sum believed to be about $20 million. The deal is the latest chapter in the tussle within the region ...
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UAL/Delta pilot talks
Pilots groups representing Delta Air Lines and United Airlines have begun negotiating the issues concerning their two airlines' proposed marketing alliance, which includes a code-share. The pact does not involve a merger, but must be approved by both pilot groups represented by the Air Line Pilots Association since their contracts ...
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SIA seconds pilots
Singapore Airlines will transfer two of its senior Airbus A340 and Boeing 747 management pilots to China Airlines (CAL) for two years, following recent signature of a strategic alliance by the two carriers. Pow Tuk-Kwan will serve as CAL's new vice-president of flight operations and Gui Wee-Kee as special assistant ...
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Flight West launches international services
Australian regional carrier Flight West Airlines will start international services in October with eight weekly flights to Papua New Guinea (PNG) capital Port Moresby. The services, six from Cairns and another two from Townsville, will use a third Fokker F28 Mk4000 acquired by Flight West from Ansett Australia. Its ...
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IAI negotiates to set up Moscow maintenance centre
Israel Aircraft Industries (IAI) is in negotiations with Russian airline Transaero to set up a maintenance centre at Moscow's Sheremetyevo Airport. The Bedek division of IAI has been maintaining Transaero's fleet of Boeing 757s and McDonnell Douglas DC-10s since 1993, with Bedek technicians performing line maintenance in Moscow. Heavy ...
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Routes
-Austrian Airlines has launched a weekly service to Astana, the new capital of Kazakhstan. -US Airways' new low fare division MetroJet has launched a new service between Baltimore and Orlando. -Qantas has been cleared by the Australian authorities to move from five Boeing 767 flights to seven weekly Boeing ...
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Virgin Express finalises plans to start Rome hub
Virgin Express is finalising its plans for a secondary hub at Rome, with the setting up of a base at the Italian airport. The low-cost airline chose Rome Fuimicino Airport to be its southern European hub in May, and already serves the airport from its Brussels base and flies ...
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Workshop
-HeavyLift Engineering has been contracted by Sabre Airlines to provide "full technical support" for the airline's new Boeing 737-800. The first aircraft entered entered service with the airline recently. -Sabreliner's Goodyear Arizona-based subsidiary Dimension Aviation, which recently had its contract to convert McDonnell Douglas DC-10s and MD-11s to freighters terminated ...
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European flag carriers line up for AOM stake
France's largest independent carrier, AOM, has been put up for sale and it is understood that offers have been sent to major European flag carriers, including existing alliance partner Swissair. The sale comes as the carrier also looks to upgrade its long-haul fleet. AOM's majority shareholder, the Credit Lyonnais ...
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BA and KLM blaze a trail for European profits
British Airways and KLM have led what promises to be a strong round of European airline profits in the June quarter as the region's traffic continues to boom. The UK flag carrier, reporting the first quarter of its financial year, was back on track after the profits dip caused ...
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Alliance Air to strike deal for troubled Ugandan flag carrier
Chris Yates/KAMPALA Uganda Airlines believes that it can complete its privatisation sale by the end of the year. The carrier's existing partner, Alliance Air, is seen to be in the lead position with a stake of up to 49%. The Ugandan Government is keen to sell off its ...