All Strategy news – Page 1080
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News
British Midland moves to protect bases
British Midland is stressing that its plans for transatlantic services announced yesterday are at an early stage and are very much dependent on the signing of an "open skies" air services agreement between the UK and USA. The airline says the decision is a "move to protect its bases", ...
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ATI acquired
Pittson Burlington Group operating unit BAZ Global has agreed to acquire US freight carrier Air Transport International (ATI) for under $30 million in cash. ATI operates a fleet of McDonnell Douglas DC-8 freighters. Source: Flight International
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Air Wisconsin chases Mountain Air Express
Air Wisconsin, which operates as United Express, wants US bankruptcy court permission to acquire Mountain Air Express of Denver, Colorado. The terms of the offer are not disclosed by Air Wisconsin, but the reported sale price is $1.5 million. Air Wisconsin has ordered six Fairchild Dornier 328s to increase ...
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IATA tackles African safety
Max Kingsley-Jones/GENEVA Efforts to improve the standard of air safety in Africa are moving forward after the first meeting of key groups from the region arranged by the International Air Transport Association (IATA). The initial meeting of the IATA/AFI (Africa & Indian Ocean) air traffic control incident analysis ...
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KLM may rationalise long haul fleet
Max Kingsley-Jones/LONDON Airbus Industrie and Boeing are vying to provide KLM with up to 30 long haul aircraft to enable the Netherlands flag carrier to standardise its widebodied fleet and to reduce the number of types in operation. Any deal could also involve aircraft for its strategic partner, Alitalia. Although ...
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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 ...