All Strategy news – Page 1060
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News
Lufthansa confirms low cost short haul carrier concept
Andrzej Jeziorski/MUNICH A Lufthansa study has confirmed the feasibility of forming a new low cost, short haul airline in the Lufthansa group, says the German carrier. The concept, known informally as "Lufthansa Light", envisages an autonomous carrier serving short haul second city pairs in Germany and other parts ...
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Marketplace
-Airbus Industrie is to take up its option on a fifth A300-600ST Super Transporter, for delivery in 2001, to meet higher demand for transporting aircraft components around Europe as the production rate increases. -Gulf Air has completed the sale and leaseback of six of its 13 Airbus A320s to recently ...
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Routes
-US carrier Midwest Express has signed a codesharing agreement with regional airline American Eagle providing connecting service at Dallas/Fort Worth, Texas, and Los Angeles, California. Midwest, meanwhile, will add five McDonnell Douglas DC-9s to its fleet this year, bringing the total to 29. -Trans World Airlines will feed Delta Air ...
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UPS closes on widebody freighter selection
UPS is expecting to finalise its choice of widebody aircraft to replace its fleet of Douglas DC-8-70 freighters by the end of March, to enable the first to enter service in 1999. The Louisville, Kentucky-based freight carrier revealed in October 1997 that it was examining various aircraft to replace a ...
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Australasian airline results suffer as Asian crisis bites
Paul Phelan/CAIRNS A relatively buoyant round of first half financial results from Air New Zealand(ANZ), Ansett Australia and Qantas has been overshadowed by warnings over Asia-Pacific's economic crisis. All three carriers announced plans to redeploy capacity elsewhere on their international networks as Asian markets continue to shrink, raising ...
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Pan Am runs short of cash but Frontier hopes for better times
Ramon Lopez/WASHINGTON DC Financial problems continue to mount for the US low fares airlines, with the new Pan American World Airways warning that it is short on cash and could face bankruptcy. Frontier Airlines also reported big losses in the third quarter, but faces improving prospects with the demise of ...
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Swissair keeps appetite to take Sabena majority
Sabena president Paul Reutlinger has again confirmed that Swissair is ready to take a 67% majority share in its Belgian partner, provided that Switzerland is able to join the European Union (EU) single skies agreement. The Belgian Government sold Swissair a 49.5% stake in its national carrier in mid-1995, ...
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FLS makes move for Danish expansion
FLS Aerospace is expanding into Continental Europe with the setting up of a maintenance base in Denmark. The company is believed to be about to announce a deal to set up an operation at a site previously occupied by Pemco World Air Services at Copenhagen Airport which went out ...
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SIA/R-R centre gets go-ahead
The new Singapore Airlines (SIA)/Rolls-Royce engine maintenance joint venture is to open for business in March, following certification by the European Joint Airworthiness Authorities and local authorities. International Engine Component Overhaul's (IECO) newly completed $15.7 million facility based in Singapore has been designed primarily to support R-R's family of ...
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Putting customers first pays off for AlliedSignal
Karen Walker AlliedSignal executives can point to one product in particular on their Asian Aerospace stand (Stand A712) and see proof that an ongoing campaign of culture change is bearing fruit. That product is the 331-500 auxiliary power unit (APU) which equips the Boeing 777 and was produced in partnership ...
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Debonair slams BA over budget airline subsidies
Mark Hannant Michael Harrington, deputy chief executive of no-frills British operator Debonair, yesterday maintained the airline's war of words with British Airways during his visit to Asian Aerospace '98. Days ago, chairman and chief executive Franco Mancassola slammed BA for "-abusing" its "immense financial power" by cross-subsidising its new ...
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Indonesian carriers in danger of collapse
Alan Peaford Four domestic Indonesian airlines were said last night to be on the verge of collapse after the Indonesian National Air Carriers Association (INACA) held an emergency meeting with the directorate general of air communications in an attempt to save them from folding. INACA president Hadi Soemarto says the ...
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Face the Facts with... Walt McConnell
Fourteen months ago, Walt McConnell was appointed vice-president and general manager of Honeywell's Air Transport Systems division, based in Phoenix, Arizona. McConnell tells Karen Walker that so far, it is going "just famously". Q:How is business at Honeywell going? A:Business is very strong at the moment due to the ...
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Airlines join forces in spare parts venture
Andrew Mollet United Airlines' UAL Services, Air Canada and Lufthansa Technik are to form a joint venture company to buy and sell aircraft materials in the secondary spare parts market. "There is a big need among airlines for high quality spare parts at low prices which can be produced quickly ...
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IATA survey pegs crisis cost at $2bn
Manufacturers at the show naturally might try to play down the current economic crisis that has whiplashed across Asia in recent months, but a new survey puts the cost to the air transport industry alone at $2 billion this year. The International Air Transport Association (IATA) has compiled a market-by-market ...
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Face the Facts with... Colin Green
The recent turmoil in Asia's economies and the fight to eradicate the so-called Millennium Bug were among the topics covered by Colin Green, managing director, Rolls-Royce Aerospace Group, when he talked with Alan Dron. Q:Do you see Asia's current economic problems as a six-month blip, or are its effects likely ...
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Rockwell Collins enters entertainment business
The name has changed, but the faces are familiar: The former Hughes-Avicom inflight entertainment manufacturer is appearing at an airshow for the first time under its new owner, Rockwell Collins. Since completing its acquisition of Hughes-Avicom in December, Rockwell Collins has already scored a major coup. Huge Ken McNamara, vice-president ...
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China finalises Boeing allocations
Paul Lewis/SINGAPORE China Aviation Supplies (CASC) has reached agreement with five international and provincial Chinese carriers on the final allocation of about half of the 50 new Boeing 737s, 757s and 777s ordered recently. As expected, flag carrier Air China will receive five of the eight 777-200IGWs ordered ...
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Early launch in store for 428JET
Andrzej Jeziorski/MUNICH THE Fairchild Dornier 428JET could be launched as early as the AsianAerospace show in Singapore which starts on 24 February, providing outstanding technical issues can be resolved in time, says the manufacturer. The aircraft is a 42- to 44-seat stretched version of the 328JET, with a ...
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Manufacturers issue fresh bids as SIA revives long haul plans
Paul Lewis/SINGAPORE Airbus Industrie and Boeing have submitted fresh proposals to Singapore Airlines (SIA) in response to a renewed impetus within the airline to move ahead with its ultra long haul requirement with either the A340-500 or 777-200X. The two rival manufacturers are understood to have made improved ...