All Strategy news – Page 1061
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News
SkyWest buys Brasilias for new United Express services
Skywest Airlines is to buy 20 new Embraer EMB-120 Brasilias after United Airlines awarded the carrier a contract to provide United Express regional services in the US Pacific North-west, replacing WestAir. Skywest will also acquire seven used Brasilias because it requires a total of 27 additional aircraft for its ...
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Air Holland takeover
The Dutch Derksen family's 69% stake in Air Holland has been acquired by a group of minority shareholders, including the Netherlands' largest tour operator, Sudtours. The group exercised its right to buy in preference to rival UK bidder easyJet. Source: Flight International
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Alitalia cancels cheap fares after Kinnock threat
Alitalia cancelled all promotional fares within Europe on 11 February after the European Commission (EC) warned that it would reconsider its approval of the carrier's state aid unless there was immediate action. The state aid package was finally cleared by the EC in mid-1997 after a lengthy investigation, but ...
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Calculated landings
Paul Phelan/CAIRNS According to David Jacobson, a training captain on Qantas' Boeing 737 domestic fleet, in this age of "-technical precision, the manual landing flare manoeuvre has remained imprecise. Conventional techniques have relied upon an inconsistent, critical estimation of height above the landing surface, and are subject to a number ...
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BA to fund new orders with refinancing deal
Max Kingsley-Jones and Kevin O'Toole/LONDON British Airways is in talks with engine manufacturer General Electric over a wide ranging aircraft refinancing package which would see the carrier take more GE-powered Boeing 777s in place of some of its outstanding 747-400s. GE is understood to have made an approach to ...
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Ryanair closes on narrowbody fleet decision
Ryanair is in final negotiations with Airbus Industrie and Boeing for up to 50 narrowbodied aircraft, and expects to finalise an order by the end of March. The Irish low fare airline, which operates its main hub from London Stansted, revealed last October that it was examining various options to ...
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Workshop
-Air Jamaica has hired Pemco World Air Services to maintain its fleet of six Airbus A310-300s until the end of the year. The work will be carried out at Pemco's Dothan, Alabama, centre and will include D check heavy maintenance. -Field Aviation has received a contract from Air Ontario for ...
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Qantas ponders proposal for Papua's Air Niugini
Senior Qantas executives visited Papua New Guinea (PNG) capital Port Moresby in early February to study a PNG Government proposal for the Australian carrier to take control of Air Niugini under a management contract, in an attempt to ward off the collapse of the airline. The review follows an ...
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Continental angers Delta chief executive
Delta Air Lines chief executive Leo Mullin has attacked the "complete misrepresentations" made by Continental Airlines officials on the carrier's failure to reach a merger agreement. Despite three weeks of secret bargaining, Continental eventually snubbed Delta and agreed to forge a strategic alliance with Northwest Airlines. Continental's chief executive ...
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Cash rich KLM buys up Martinair and considers further deals
KLM is to spend part of its growing cash mountain on acquiring the remainder of shares in Dutch charter and cargo carrier Martinair. The flag carrier also says that it is considering other share deals, including buying back the 25% stake still held in the airline by the Dutch Government. ...
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United and Mesa part at Denver
United Airlines is to terminate its codeshare agreement with Mesa Airlines at Denver, Colorado, on 22 April, ending its relationship with US regional Mesa Air Group. The move follows earlier decisions to end agreements under which Mesa subsidiary WestAir Commuter Airlines provides United Express services in California and the ...
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Routes
-Sabena has signed a partnership with French airline AOM covering routes between Brussels and the French cities of Toulon, Nice and Marseille, but extending also to French overseas territories, enabling both airlines to offer more frequencies and co-ordinate schedules. -Japan Airlines (JAL) plans to launch a twice weekly non-stop ...
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Japan-USA aviation pact opens way to codeshares
Ramon Lopez/WASHINGTON DC Andrew Mollet/TOKYO The aviation pact between Japan and the USA is expected to spur additional global airline alliances, with a key provision of the air services agreement allowing for codesharing for the first time in the lucrative Japanese-US market. Under the bilateral aviation pact ...
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Emirates closes on stake in Air Lanka
Emirates has entered detailed talks with the Sri Lankan Government to acquire management control and a 40% equity stake in flag carrier Air Lanka. The Dubai-based carrier was selected from a shortlist of potential international bidders. A Government technical evaluation committee says that Emirates was the only contender to ...
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French Government gets going on Air France privatisation
Julian Moxon/PARIS The privatisation of Air France has officially been launched, with the appointment of the two investment banks which will handle the sale for the French Government. Astake of close to 50%could be sold, including a holding for staff. The USA's Morgan Stanley and France's Crédit Agricole ...
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Moving goalposts
The UK Government's decision to give British Aerospace £123 million ($200 million) launch aid for development work on the wing of the Airbus A340 500/600 airliner may give a much-needed morale boost to the UK aerospace industry, but it may also do little to bolster (and may even harm) the ...
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Investors rap Mesa for SJ30-2 distribution deal
Troubled US regional airline operator Mesa Air Group is coming under fire from investors for its year-old agreement to distribute the Sino Swearingen Aircraft (SSAC)SJ30-2 business jet. Wholly owned subsidiary Four Corners Aviation (FCA), a fixed-base operator located at Mesa's Farmington, New Mexico, headquarters, signed the distributorship agreement in ...
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Alliance Express
Alliance Air has confirmed that it has taken a 49% stake in Air Rwanda, which it will run as Alliance Express. The new airline will start operations on 1 March from Rwandan capital Kigali, using a leased Boeing 737-200. Alliance hopes to establish an African feeder network to support its ...
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Qantas and Virgin compete for Cathay's surplus 747-200s
Paul Lewis/SINGAPORE Cathay Pacific Airways has entered into detailed discussions with Qantas of Australia and Virgin Atlantic Airways to sell its fleet of seven surplus Boeing 747-200 passenger aircraft. Qantas is also being offered an interim development of the proposed 747-400 increased-gross-weight (IGW) variant by Boeing to meet the carrier's ...
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Emirates nears A340 decision
Ian Sheppard/LONDON Emirates Airlines is preparing to make a decision on its long-awaited requirement for ultra-long-range aircraft. The airline signed a letter of intent (LoI) with Airbus for up to A340-500s in November 1997, but has kept the manufacturer waiting because of Boeing's last-minute attempt to meet performance demands ...