All Strategy news – Page 1077
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News
Cargo flux?
The dedicated freight operator Cargolux is banking on an all-B747-400F fleet and alliances to put it on a firmer footing in this notoriously unstable sector. MarkOdell reports from Luxembourg on the carrier's chances. Look beyond the seemingly perpetual decline in yields and the overcapacity that plagues the cargo industry and ...
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Shanghai set for overseas
Shanghai-based China Eastern Airlines is finally to face homegrown international competition from local rival Shanghai Airlines, just as the first example emerges of close cooperation among a group of provincial Chinese carriers. After years of lobbying Shanghai Airlines has won approval from Beijing to launch international flights and ...
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Continental plays its ace
Continental Airlines has inked its first alliance agreement in Latin America. But the Houston-based carrier appears to have limited its linkup with Aces Colombia to avoid invalidating its case opposing the alliance between arch rival American Airlines with Colombia's other international carrier, Avianca. Continental plans to link frequent ...
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Euro a key factor in bank mergers
A radical reshaping of the banking industry in Europe and the Americas, symbolised by a series of recent mergers, looks set to transform the relationship of the financial sector with transnational corporations. The changes in the structure of banking are being triggered by far reaching shifts in the international economy, ...
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No-frills feel summer chill
It may have been a red-hot summer season for the US major carriers, but the climate remained decidedly chilly for the low-cost startups. Air South is the latest to feel the cold draft of Chapter 11 bankruptcy and analysts believe there will be more casualties unless Washington intervenes. ...
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Delta bends to new head
'Bent, but not broken' is how Delta Air Lines' new president and chief executive, Leo Mullin, sums up the airline's current performance, identifying customer service improvements as a priority. As a newcomer to the airline industry it comes as no surprise when he puts his own spin on ...
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Mexican two set to float
The five major Mexican banks who converted Aéromexico and Mexicana debt into shares last year are about to cash in on the success of those airlines. Cintra, the parent company for both airlines, plans an international IPO that will offer 20 to 30 per cent of its shares ...
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PAL calls for total US ban
Philippine Airlines has called on Manila to suspend flights by US carriers into the Philippines, as a result of US Federal Aviation Administration restrictions which are causing major losses on trans-Pacific services. The appeal came within days of PAL announcing it was abandoning some flights to the key ...
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Fair or foul?
Recent accusations by smaller US carriers of predation by their major rivals have renewed the debate over what is legitimate under US law. By David Knibb. It's a problem as old as deregulation itself. When does the legitimate competitive response of an incumbent carrier to a new entrant cease to ...
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Airline news
Austrian Airlines and Swissair have confirmed taking a 18.37 per cent stake in Ukraine International Airlines through a holding company in which Austrian Airlines holds 77.78 per cent and Swissair 22.22 per cent. KLM will inaugurate twice weekly services to Abidjan and to Nagoya via Sapporo from April ...
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French revolution is a non-starter
Blanc's successor as head of state-owned carrier Air France will face a rough rideChristian Blanc's resignation statement from Air France begins with a stark heading: 'I take note of the government's decision.' France's change of government, and the decision of prime minister Lionel Jospin to appoint a Communist transport ...
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Europe close to noise ban
Proposed environmental measures to reduce aircraft noise and emissions at European airports are stirring up a storm of protest. The European Commission looks set to adopt Ecac recommendations to ban hushkitted Chapter II aircraft after 1 April 1999. An official confirms that the Commission's proposals, which are due ...
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News
Fair's fare is the business
In sharp contrast to the wave of low-cost startups sweeping through Europe, a Paris-based carrier is set to start Europe's first dedicated business class service. Fairlines is to start scheduled business services this November from Paris/Charles de Gaulle to Nice and Rome/Fiumicino using 70-seater MD-81s. The aircraft will ...
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Gulf Air aims salvo at Delhi
Gulf Air has fired a broadside at the Indian government's insistence that the Arab carrier sell its 20 per cent stake in Jet Airways, just as New Delhi looks set to bring an end to the ownership debacle by reversing the ban on foreign airlines holding stakes in Indian carriers. ...
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Gently down stream
As with the engine manufacturers, consolidation among major airframe producers is likely to be followed closely by bold moves to secure dominance in the after sales market. Report by T Wakelee Smith and Jonathan Culley.It may be hard to believe. But with the recent absorption of McDonnell Douglas into ...
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Lateral thinkers
In a bid to instill fresh ideas, more airlines are now recruiting managers from other countries. Lois Jones looks at the challenges faced by today's mobile managers, and talks to six top people who have switched countries. There are several ways to skin a cat, and several ways to save ...
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No more tears
With a burgeoning economy, and a new USpartner, Aerolineas Argentinas is riding high as it reaps the benefits of its restructuring plan. Karen Walker reports. Business is back to normal at Aerolineas Argentinas following a frenetic few months during which Buenos Aires became a popular destination for management at both ...
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Italians go to the markets
Italian charter carrier Air Europe is preparing for an initial public offering, while flag carrier Alitalia is still on the lookout for private investors. Air Europe is to float 35 per cent of its shares on the Milan stock exchange and in 'several markets abroad' by December this ...
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News prices Qantas out
Ansett New Zealand's owner News Corporation is considering a float of its entire holding in the carrier after scaring off Qantas with the asking price. Efforts by Qantas to secure a permanent toehold in New Zealand's domestic market by buying Ansett NZ appear to have foundered on a ...
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SIA prepares for stardom
As the clock runs down on one of the oldest alliances in Asia, US and Taiwanese carriers are forging closer ties following the recent open skies deal between the two countries. The first sign that Singapore Airlines' Global Excellence alliance with Delta Air Lines and Swissair is starting ...