All Strategy news – Page 1109
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News
PIA privatisation
Pakistan has called in a team from International Finance (IFC), the consulting arm of the World Bank, to advise on restructuring and privatisation of Pakistan International Airlines (PIA). IFC, which recently advised on the successful privatisation of Kenya Airways, is also to look at Pakistan's state-owned railway. The restructuring study ...
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Aircraft news
Boeing has signed a deal with American Airlines, granting the US manufacturer sole supplier status for jet aircraft until 2018. As part of the deal American has placed firm orders for 12 B777s, four B767-300ERs, 12 B757-200s, and 75 B737-600/700/800s. The US carrier has also taken so-called purchase rights on ...
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Appointments
Philip Chen will succeed Simon Heale as deputy managing director at Cathay Pacific Airways from mid-March. Heale takes up the position of finance director at Swire Pacific. Stanley Hui will replace Chen as Dragonair's chief executive from 1 February 1997, while Hui's role as chief operating officer of Air Hong ...
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Winter warmer
The Canadian government has taken the unprecedented step of intervening in the standoff between Canadian Airlines and its six unions, which had rejected the restructuring package. Ottawa ruled the employees should vote on the deal at presstime and bypass the unions. The revised deal, which was expected to be passed, ...
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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. KLMwill inaugurate twice weekly services to Abidjan and to Nagoya via Sapporo from April 1997 ...
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Delta dances Continental
The only certainty about suggestions of a merger between Delta Air Lines and Continental Airlines is that it would create the world's largest airline. Beyond that analysts remain split as to whether such a deal would make strategic sense. The only clear winner is David Bonderman, who leads Continental's controlling ...
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Bespoke fortunes
Effective, efficient hubs are vital to most US majors' profitability. But do they operate in everybody's best interests and is stronger regulation needed? Karen Walker reports. You either love hubs or hate them. A government department has accused the US majors of continuing to use their hubs to raise fares ...
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A measure of Irala's intent
Iberia's new president has plenty of work to do if he is to fulfil his aim of privatising the carrier by 2000. Xabier de Irala talks to Mark Odell in the first major interview since his appointment. Xabier de Irala Estevez is a not only a newcomer to the airline ...
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Iberia eyes Latin return
Iberia may repurchase its stake in Aerolineas Argentinas as early as June 1997 in a move that could recreate its Latin American airline stable. However, the carrier remains embroiled in a legal dispute in Chile over the future of Ladeco, in which it has a 35 ...
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SAS takes a vital step towards free-flight target
SAS has become the first airline to install a certifiable example of one of the most important items of equipment needed by the industry to achieve the goal of free flight. The MMI5000 cockpit display of traffic information (CDTI) was installed in a Fokker F28 for a certification ...
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BAfrees USAir and prepares to intensify American fight
British Airways has finally agreed to sever its partnership with USAir, putting its shareholding in the US carrier up for sale and planning to draw the marketing alliance to a close by April. The news increases pressure on BA to push through its new alliance with American Airlines, ...
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Continental calls halt to merger talks
CONTINENTAL Airlines says that it has broken off merger talks with rival air carriers, believed to include Delta Air Lines. In a message to employees, Gordon Bethune, Continental's chairman and chief executive , disclosed that the fifth-ranked US airline had recently undertaken "preliminary" merger discussions with "many different ...
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Racal close to clinching Aerad deal
Racal Avionics is in advanced talks with British Airways over the acquisition of the airline's wholly owned flight-documentation subsidiary Aerad. Racal provides worldwide navigation data for flight-management systems and sees Aerad's business as complementary. The UK avionics company declines to confirm that the talks are taking ...
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In a long tradition
Every Boeing commercial airliner since the 707 has been extended at some stage, with two exceptions: the 747 and 757. It now seems that, after many years of study and debate, the 747 is about to be elongated into the -500 and -600 series and the 757is finally set to ...
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Silk purse
SilkAir has experienced more than its fair share of turbulence since its establishment in 1989 as Singapore's regional carrier. After years of sustained losses, the carrier is on course to make a full recovery and is planning for a brighter future. Following a wide-ranging restructuring of its fleet ...
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Embraer studies EMB-145 range
EMBRAER IS STUDYING a long-range version of the EMB-145 regional jet, with uprated engines and increased fuel capacity. The aircraft would have a 3,000km (1,600nm) range, compared with the present 2,400km, and is intended to meet demand from US regional airlines for increased sector lengths. The aircraft would ...
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AI(R) courts Saab for new regional-jet programme
Aero International (Regional) (AI(R)) has made what are described as "serious overtures" to Saab Aircraft to join the European consortium as a risk-sharing partner in its forthcoming regional-jet programmes. While neither side will confirm the talks officially, it is understood that British Aerospace, one of the three existing ...
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Qatar conflict
Sheikh Hamad Ali Al-Thani, the former chief executive of Qatar Airways, claims that his departure from the airline followed moves by the board to co-operate rather than compete with Gulf Air, for which the chairman is Qatari general sales agent. Contrary to our report (Flight International, 10-17 December, 1996, P10), ...
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Airlines
There can be little doubt that one of the recurring themes running through the world airline industry in 1997 will be the continued US-leddrive towards world open skies. In its wake, expect further manoeuvring among carriers to strengthen transpacific and transatlantic alliances. Arguably, the most significant (and certainly ...