All Strategy news – Page 1159
-
News
Gulf Air boss calls for action
Gunter Endres/LONDON THE NEW HEAD of Gulf Air, Sheikh Ahmed bin Saif al-Nahyan, has reacted swiftly to the severity of the airline's $159 million loss in 1995 by convening an extraordinary shareholders' meeting to seek agreement on measures designed to bring the multi-national carrier back to profitability. ...
-
News
Sultan of Brunei adds to fleet with first A340-8000
Paul Lewis/SINGAPORE THE SULTAN OF BRUNEI has ordered the first ultra-long-range Airbus A340-8000 to add to his growing VIP fleet of personal jet-powered airliners. It is understood that the aircraft is scheduled for delivery in 1997 and that it will be the first long-haul -8000 ...
-
News
Continental Express order heralds ATR US fightback
CONTINENTAL EXPRESS has ordered eight Aero International (Regional) ATR 42-500s and taken options on a further 12 aircraft, at an estimated cost of $260 million. The order follows a barren spell for ATR in its most lucrative market since the highly publicised crash of an American Eagle ...
-
News
Otam? Oh, that Otam...
It is hard not to view the recently signed US-Germany open skies agreement as an example of high German engineering. Like all good designs, it is the details that reveal the craftsmanship. In this case, where most see an agreement between two countries, German air transport officials have designed a ...
-
News
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 ...
-
News
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 ...
-
News
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 ...
-
News
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 ...
-
News
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 ...
-
News
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 ...
-
News
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 ...
-
News
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 ...
-
News
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 ...
-
News
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 ...
-
News
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, ...
-
News
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. ...
-
News
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 ...
-
News
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. ...
-
News
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 ...
-
News
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 ...