All Strategy news – Page 1139
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Appointments
BAe has announced its management team reporting to chief executive Tony Rice: Bob Wheeler (finance director), Bernard Bradpiece ( corporate finance director), Jeremy Barnes (aircraft finance director), Niels Petersen (commercial project director). Trevor Hall is appointed chief operating officer of AMO and JSX, Andrew Davies becomes general manager AMO, and ...
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Aiming high
Asiana's president has ambitious plans for the young carrier, which is now among the world's 50 most profitable. Richard Whitaker reports. Sam Koo Park, president of Asiana Airlines, does not pull his punches. 'Will you take an old airplane?' asked a recent round of advertisements. 'Do you want to receive ...
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A policy, please
After April's general election, India's government will face an urgent challenge: the introduction of policies which will enable the country's chaotic airline industry to enjoy success. Tom Ballantyne reports.When Singapore Airlines and Indian conglomerate Tata Industries were denied government clearance to launch a proposed new joint venture domestic airline late ...
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Common factors
Should airlines standardise their fleets or not? In today's economic climate, the answer is often based on how long a carrier is willing to wait in order to reap significant financial gains. By Sean Broderick.By New Year's Day 2000, Delta Air Lines will be in a position it has not ...
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French spectacle
When France opened the door to the domestic market Air Liberté rushed in, while TAT and AOM entered more cautiously. Sara Guild looks at how Air France Europe and its smaller rivals are finally coping with competition.Newly liberalised markets can be exciting to watch, and while Europe waits for the ...
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New LOT on the block
Partial privatisation is back on the agenda at LOT Polish Airlines after a two-year delay and the carrier has emerged as a more attractive proposition. Mark Odell reports from Warsaw. Delays in the airline business are rarely beneficial, but the management at LOT Polish Airlines has used the time ...
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Financial results
Launching 29 transborder routes deflated Air Canada's forecast $72.2m profit by half. Operating cost per ASM increased 2%. Proposals to float Air Liberté in late 1997 may depend on the success of 23 new French domestic routes launches planned for 1996. Air New Zealand's international capacity ...
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PAL peace is within sight
The end of the turmoil that has plagued Philippine Airlines is in sight following the appointment of advisers for its fleet renewal programme, unprecedented shareholder unity, and equal treatment for the leading private rival on unprofitable domestic sectors. Credit Lyonnais and Chase Manhattan Bank have been chosen by ...
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India seeks foreign cash
Four of India's private operators are looking abroad to finance their government-approved fleet expansion programmes, driven chiefly by the better terms on offer compared to those in the depressed domestic capital markets. Most significantly, East West Airlines is hoping to become the first Indian private airline to secure ...
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Heads are rolling again
In the airline business, occupancy of the corner office remains a somewhat precarious business. Just recently, the chief executives of Alitalia and Sabena have been forced to walk the corporate plank because of lack of success in restructuring their companies. At Olympic Airways, the chairman and chief executive has achieved ...
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Swiss switch on at Sabena
The collective sigh of relief breathed by Sabena's unions following the departure of chairman, president and chief executive Pierre Godfroid could quickly turn in to a moan, once his successor from Swissair settles in. The Swiss carrier has finally acted over concerns that the labour unrest at Sabena, ...
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Can you do IT better?
The quest for greater efficiency and financial benefits is driving carriers to outsource their information technology services. Carlos de Pommes and Steve Geller detail the benefits and potential pitfalls. As airlines dig more deeply to uncover efficiency improvements, the restructuring of information technology departments is being reviewed with greater vigour. ...
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New deal for airline reps
I read with interest the remarks of Doug Rhymes in 'The Market Makers' in the February issue of Airline Business. While I share most of Mr Rhymes' opinions, I am under the impression that 'outsourcing' is a new, better word for the old concept of 'airline representation'. We ...
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Wish you were here
A plethora of low fare airlines has invaded Florida, an aviation market that traditionally serves low yield leisure traffic. Mead Jennings considers what this means for competition - both in and out of the state. Bloodbath is not a term most people associate with Florida, the US's self-proclaimed sunshine state. ...
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For immunity read disunity
As Washington's aviation community became distracted by the tentative signing of open skies between the US and Germany; then the immediate application for anti-trust immunity by United-Lufthansa; then other aeropolitical concerns like the US-Japan cargo imbroglio, Delta Air Lines waited. Just as it has been doing for close to six ...
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EVA quiet on home front
EVA Air is remaining silent on why it decided to buy 30 per cent of Taiwan Airlines, but its investment in a third domestic carrier in less than a year has raised many eyebrows. The Taipei-based carrier will only say the purchase is 'positive' for both Taiwan Airlines ...
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Oz taxman to take his toll
Australia's big operators Qantas and Ansett could be in for a rude shock when the taxation time rolls around later this year. Canberra's tax overlords have ruled that manufacturer credits do not qualify as a discount on the price of new aircraft but as assessable income and should be treated ...
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RAC needs to shape up
Little more than a year after throwing out two Thai-owned airlines to give new flag carrier, Royal Air Cambodge, a local monopoly on international and domestic services, the Phnom Penh government is threatening to end the protection from competition. RAC is 40 per cent owned by Malaysian telecommunication ...
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Rome recalls its old hands
Two years after Alitalia's management underwent a radical shakeup with the hiring of two private sector managers to fill the senior posts, the top dogs are out of the door, seven other executives are on 'holiday' and the status quo has returned with the appointment of trusted, politically astute, aviation ...
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SAS fingers French lead
Air France clearly enjoys sailing close to the wind. But this time it may have capsized the boat, following SAS' complaint to the European Commission that the French flag's recent weekend break promotions undercut market prices. The French flag carrier is strictly prohibited from price leading under the ...