All Strategy news – Page 1105
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News
TWA fleet costs jobs as other US majors report rise in profits
Trans World Airlines (TWA) is to reduce its work force by some 1,000 people, with half the cuts being made in maintenance operations. The announcement comes as TWA reported a small loss in what was otherwise another quarter of healthy profits from major US carriers. TWA says that the ...
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China Southen floats on pair of stock exchanges
China Southern Airlines is to become the largest mainland Chinese carrier yet to float its shares publicly, with a dual listing on the New York and Hong Kong exchanges. The Guangzhou-based airline is to make an initial public offer of around 32% of its stock at the end of ...
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Dragonair
Algernon Yau has become general manager planning and international affairs at Hong Kong regional carrier Dragonair, replacing Augustus Tang, who returns to Dragonair's major shareholder, national carrier Cathay Pacific Airways. Ronnie Choi has been named general manager for customer services, a position which was formerly held by Yau. Choi, who ...
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Delta
Delta Air Lines has named Frank Meditz regional manager for multi-national accounts - Europe, based in London, UK. He is now manager for corporate sales. Peter Hannaford is appointed manager for multi-national and key accounts, also based in London. He now holds the position of account executive - London. Roman ...
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First Boeing 777-300 is joined together
THE final body join of the first Boeing 777-300 fuselage, the longest airliner built to date, was accomplished at around 1.30am on 21 July at Boeing's Everett, Washington, site. The completed aircraft will be 73.8m in length, or around 3.4m longer than the 747. Despite the structural changes ...
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Former Aeroflot directorate Pulkovo takes on its own identity
Pulkovo Aviation Enterprise, the St Petersburg-based airline which was previously the north-western directorate of Aeroflot, has now taken on its own identity, as illustrated by this Tupolev Tu-154B-2 at Shannon, Ireland. The airline operates a fleet of Tupolev Tu-134s and Tu-154s, Ilyushin Il-86s and Antonov An-12 freighters.Pulkovo's route network, some ...
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USA and Japan aim to clinch bilateral deal in September
Andrew Mollet/TOKYO Kevin O'Toole/LONDON Japan and the USA have agreed to make Tokyo the venue for their first full negotiations on a new passenger transport bilateral accord on 4-6 August, with the aim of producing a deal in September. Until now, the two sides have been ...
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Great Lakes loan
Raytheon has provided Great Lakes Aviation a $4 million short-term loan as the Beech 1900 operator restructures operations. The airline is concentrating resources on its United Express operations at Chicago O'Hare and Denver. Source: Flight International
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Transaero's initial ll-96M due in 2001
Russian airline Transaero will take delivery of the first of up to 12 Ilyushin Il-96Ms in 2001, following the signing of a contract with Ilyushin and the Vordnezh Aircraft Production Organisation for six firm orders, plus six options. The deal for the Pratt & Whitney PW2000-powered aircraft was ...
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American clinches Latin deal
Kevin O'Toole/LONDONRamon Lopez/Washington DC The American Airlines group, AMR, is to take a stake in Aerolineas Argentinas and form an alliance with Iberia, under a deal struck with Spanish state-holding company SEPI, which effectively controls both carriers. British Airways has also started co-operation talks with the Spanish carrier, ...
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Risky business
The gambles associated with Macau Airport are beginning to pay dividends PaulLewis/MACAU To invest over $1 billion on an all-new airport for a small city of 400,000 inhabitants would appear to be a financial gamble, but Macau, having built its economy around the casino industry, is accustomed to ...
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Ethiopian
Ato Bisrat Negatu has been appointed chief executive of Ethiopian Airlines. Negatu has been with the airline for 24 years, and has management experience in human resources planning and development, fleet planning and aircraft evaluation, bilateral and commercial agreement negotiations and market research and development. He has also served as ...
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How far can you go?
There is nothing new about outsourcing (the practice of obtaining components from a third party). No-one expects an airline to make the tyres for its aircraft, and many successful carriers do not undertake their own heavy maintenance. The trend to outsource more work and concentrate on core services has ...
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Schiphol curfew angers airlines
Herman De Wulf/BRUSSELS Dutch charter airlines Martinair and Transavia are threatening legal action if a proposed night curfew goes ahead at Amsterdam Schiphol Airport from 1 August. The airport authority is seeking Government approval for a plan under which all operations between 23.00 and 06.00 would ...
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War in the air
IT IS A TRUTH THAT the people who start wars are very rarely the people who end up winning them. That should be remembered by the European Union (EU) politicians and officials who seem determined to start a trade war with the USA over the proposed merger of Boeing and ...
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Virgin drops Sun Air but may bid for stake in South African Airways
Virgin Atlantic Airways has dropped out of the bidding for Johannesburg-based Sun Air. The UK carrier had hoped to use Sun Air as the basis for a sub-Saharan domestic network. Sun Air did produce worse than expected results, but Virgin says that it merely wants to keep its ...
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Pratt & Whitney acquires Dutch engine-repair group
PRATT&WHITNEY has boosted plans to expand its Eagle Services engine-overhaul business to $1 billion annually by 1998, by agreeing to purchase the Flight Repair group of Netherlands company Interturbine. The group repairs engine aerofoils, stators and cases at centres in Dallas, Texas, and Singapore. P&W says that the ...
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Delta
Delta Air Lines, of Atlanta, Georgia, has appointed Bill Crumbley managing director of the Delta Shuttle. He was most recently director for international reservation sales and services. Crumbley, who will be take responsibility for Delta Shuttle operations in New York, Boston and Washington DC, replaces Hiram Cox, who has been ...
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Iridium
Telecommunications company Iridium LLC has appointed Lauri Fitz-Pegado vice-president for global-gateway relations. She was most recently assistant secretary and director-general of US and foreign commercial service at the US Department of Commerce. Neal Meehan becomes vice-president of aeronautical services. He was formerly executive vice-president of Inflight Phone, and the founding ...
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Passenger lobby issues 'world airline safety rankings' report
A REPORT which claims to rank the world's major airlines, using data about their fatal-accident history, has been issued by the US-based Air Travelers Association, a newly established lobby group for airline passengers. The Airline Safety Report Card covers 260 scheduled passenger airlines around the world - 29 ...