All Strategy news – Page 1150
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News
Ansett deal's finally done
At long last. Air New Zealand's two-year odyssey to win approval for its bid to take a 50 per cent stake in Australia's Ansett finally came to a successful end in early June, at the same time as the prospect for the rebirth of the single trans-Tasman aviation market brightened. ...
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Alliance flop?
No alliance can hope to survive and prosper when the partners are at each others' throats. A clear message runs through this month's cover story about KLM/Northwest: what a pity if the world's most successful airline alliance were destroyed by infighting. If asked about the conditions needed for ...
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Row boils up over pricing
The European Commission is considering regulating air fares in Europe in a bid to cut disproportionately high prices on many routes without competition. A heated debate is certain to develop when the Commission publishes its report in July, which will analyse the progress of liberalisation. The study will also focus ...
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US ticket tax battle peaks
Several US airlines have been in the odd position of lobbying for the reimposition of a 10 per cent ticket tax, which has not been in effect since the beginning of the year and whose absence was credited for helping spur record carrier profits during the traditionally slow winter period. ...
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Crossair
Philippe Bruggisser, chief operating officer of Swiss national carrier Swissair, has been appointed chairman of regional subsidiary Crossair. He will take over the chairmanship from Swissair chief executive Otto Loepfe, who will continue to serve on the carrier's executive committee. Georges Schorderet succeeds Peter Nydegger as Swissair chief financial officer ...
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London City
London City Airport, of the UK, has appointed Richard Gooding managing director. Gooding, who is now chief executive of London Luton Airport, will take the new position on 1 August. He has worked with British European Airways (later British Airways), and is a former operations director at Manchester Airport and ...
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French tie-up
French independent airlines Air Libert, and AOM have agreed on a codesharing deal which is seen as the initial phase of a merger, forming France's biggest independent carrier. The agreement, due to be signed on 24 June, will bring to an end rivalry on hotly contested domestic routes within France, ...
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Turkish triumph
After its first profit in nine years, Turkish Airlines is ready for global expansion. Gunter Endres/ISTANBUL ATTILA _ELEBI, president and chief executive of Turkish Airlines (THY), may have the imposing stature of his conquering namesake, but there the comparison ends. His demeanour is one of gentleness and he ...
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India's private malaise
MODILUFT'S dispute with Lufthansa over lease payments has made headlines, but it also highlights a deeper malaise afflicting India's fledgling private-airline operators. Of the five major private carriers established in India since liberalisation began some three years ago, only Jet Airways and the cargo carriers appear to ...
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Green light shows for NetJets Europe
Max Kingsley-Jones/LONDON A EUROPEAN-BASED business-aircraft fractional-ownership programme has been launched by Montvale, New Jersey-based Executive Jet Aviation (EJA), the US pioneer of the "NetJets" scheme. The programme marks the second stage of the company's Global NetJets plan, with opportunities in China and South America also ...
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Hong Kong wins more Chinese rights
IN A MAJOR SIGN of improved relations between the UK and Chinese Governments, Hong Kong carriers Cathay Pacific Airways and Dragonair have been granted additional rights to fly across and into China. Under the deal, Beijing has opened up new routes through Chinese airspace to Europe, North ...
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Unions agree to Alitalia facelift
Kevin O'Toole/LONDON Andrea Spinelli/GENOA ALITALIA'S UNIONS have given a tentative go-ahead to the airline's increasingly urgent restructuring plans, agreeing to accept cost-cutting in exchange for three places on the board and an eventual 20% stake in the group. The deal was finally thrashed out on ...
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Heathrow slots are price for BA/American go-ahead
THE US DEPARTMENT of Transportation (DoT) is demanding that additional slots be freed up at London Heathrow as the price for granting anti-trust immunity to the proposed alliance between BA and American Airlines. Senior DoT policy official Patrick Murphy says that new US carriers would have to be ...
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Southern Africa growth
HELIKOPTER SERVICES Group (HSG) has added South Africa's Court Helicopters to its growing portfolio of acquisitions, giving the Norwegian group access to an expanding offshore market in southern Africa. The Norwegian group paid $5.5 million for the initial stake, but has the option to acquire the remainder of ...
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Finnair warns of slowdown in Europe
FINNAIR HAS WARNED that its financial performance will "decline substantially" this year following signs of a significant economic slowdown in Finland and key European markets. The airline says that it will add no new destinations and maintain capacity at present levels over the year as it prepares for ...
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Air France joins Air Afrique rescue bid
France has joined with the other state owners of Air Afrique in a bid to prevent the debt-ridden airline from having its fleet repossessed by creditors. Air Afrique has come close to collapse, facing the seizure of aircraft unless it can find cash to service debts of more ...
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Rivals set to benefit from ValuJet suspension of operations
Max Kingsley-Jones/LONDON VALUJET HAS built its main hub at Atlanta Harts-field, and at its peak, the airline represented about 8% of the passenger traffic at the airport, ranking it second only to Delta Air Lines. With ValuJet flights unavailable, "price-sensitive" customers from Atlanta have been ...
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TechniFlite launches simulator-on-wheels deal for regionals
Graham Warwick/ATLANTA A mobile flight-simulator for the Raytheon Beech 1900D regional turboprop is to enter service in January 1997 with Denver, Colorado-based TechniFlite. It will be housed inside a tractor-trailer, which will be driven around the USA to provide on-site initial and recurrent pilot training. ...
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TEA extends its Vietnamese links
CHARTER AIRLINE TEA Switzerland has extended its association with Vietnam's second carrier, Pacific Airlines. Since 1 June the South East Asian airline has been wet-leasing a TEA Boeing 737-300, in addition to a 737-200 operated since December 1995. Pacific Airlines uses the TEA aircraft on domestic services ...
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CAA licence to overcharge is simply not on
Sir-The three letters on "GAMTA must look at training" (Flight International, 3-9 April, P95) focus on the high costs incurred by aviation businesses in the UK. As a licensed engineer working for a foreign international airline in this country, I am required to hold a licence issued in ...