All Strategy news – Page 1164
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News
CNAC negotiates 737 lease for Hong Kong start-up
CHINA NATIONAL Aviation (CNAC) is understood to be close to finalising an agreement with General Electric Capital Aviation Services (GECAS) to lease a Boeing 737-500 for its planned Hong Kong airline The start-up carrier, to be named China Hongkong Airlines, plans to dry-lease the 737 for five years. ...
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BA set to buy FANS-1 for 747-400s
BRITISH AIRWAYS IS expected to order Future Air Navigation System-1 (FANS-1) avionics for its Boeing 747-400 fleet, following an agreement with Russia over the opening up of new over-flight routes. A board-level decision by BA is due this month. The first two new routes over Russia will enable ...
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America West
America West Airlines, of Phoenix, Arizona, has named Stephen Johnson senior vice-president of legal affairs. Johnson, who has been with America West since 1995, was formerly senior vice-president and general counsel for Irish leasing company GPA Group of Shannon. Bernard Han becomes vice-president of financial planning and analysis. He was ...
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In-trail-climb testing inadequate
Sir - In the article "New members join in-trail-climb club" (Flight International, 6-12 December, 1995, P16), Ken Peppard of the US Federal Aviation Administration is quoted as saying that "...pilots, controller and ARINC operators feel comfortable with the procedure". The US Airline Pilots' Association (ALPA) believes this to be an ...
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Lufthansa returns Business Air stake after one year
LUFTHANSA HAS AGREED to sell back its 38% stake in UK regional carrier Business Air, less than a year after it acquired the holding. Long-standing partner Crossair is also divesting its 38% stake. Business Air's founding chairman, Ian Woodley, says that he wanted to buy back the shares ...
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Pan Am plans to rise from the ashes
MARTIN SHUGRUE, the ex-chief operating officer of Pan American World Airways, plans to relaunch the airline. Shugrue and former US Undersecretary of Commerce, for Travel and Tourism Charles Cobb have lined up $30 million in start-up capital from a consortium of investors. The airline, the world's most illustrious ...
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Loss of confidence threatens Canadian
COST-CUTTING labour agreements signed in 1995 by Canadian Airlines International are in jeopardy, with the carrier's largest union demanding the resignation of chief executive Kevin Jenkins. David Park, president of the 5,300-strong machinists union, claims that members have lost confidence in Jenkins. Park says that a large number ...
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Markets ripe for picking
In your article 'Going to the market' (Airline Business, December) you are correct to say that airport marketing is coming of age. Through computer analysis, airports can not only use the traditional methods you discussed, they are also able to evaluate: * Which flag carriers to focus upon ...
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Appointments
British Airways has announced a major management reshuffle. Alistair Cummings becomes chief operating officer and director of profit development and is replaced as managing director British Airways Engineering by Clive Mason. Charles Gurassa becomes director of passenger business, David Holmes assumes the post of director corporate resources and Roger Maynard ...
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95 at a glance
Mark Odell recaps on the highlights of 1995, from the usual share of startups, failures and major equity transactions to commission caps and open skies. January The French government partially opens Paris/Orly to intra-European traffic after complaints to the European Commission from Lufthansa, KLM, SAS and Lauda Air. The new ...
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One law for all
Manufacturers and financiers are drafting proposed uniform rules on aircraft security interests and leases that could lead to lower capital costs for airlines worldwide. But will they be adopted soon enough to be of help? David Knibb reports.Lower credit costs for airlines are the aim of an international effort now ...
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Europe
During the past year the fortunes of Europe's flag carriers have, at best, been variable. And as 1996 gets underway there is a pervasive sense of unsettled agendas and greater events to come. The European majors have reaped the benefits of fragile economic recovery and stronger demand to ...
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Zero sum game
North America-Asia routes may be projected as some of the world's fastest growing, yet capacity growth is at a standstill. David Knibb examines the reasons. One would expect the skies to be full between North America and Asia, given the growth in the Asian economies and the shift in US ...
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Horror movie
Problems with airline inflight entertainment and communications systems have turned into a nightmare for many senior executives and there is not much prospect of an early solution. Kieran Daly looks at the problems.Rarely before has a technical concept promised such commercial advantage and delivered such misery. In fact the story ...
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Middle East
Peace in the Middle East is the factor which will make or break the events of 1996. A lasting peace accord between Israel and its Arab neighbours could produce the boom the aviation players have been waiting for, but failure on the part of the politicians could put pressure on ...
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Asia-Pacific
The Asia-Pacific region continues to maintain its flagship role at the sharp end of global air travel recovery. Double-digit growth is again forecast through 1996, bringing further financial gains for regional operators and benefits for major airlines operating into the area from elsewhere. There will, however, be dramatically ...
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Trust in us
Harmonised competition rules would be essential to EU-US open skies and the growing link being made between US antitrust immunity for multinational alliances and the conclusion of open skies agreements with individual countries is increasing the urgency. By Ron Katz.EU transport commissioner Neil Kinnock's comment, on emerging from the December ...
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Latin America
Now that the process of privatising the airlines in Latin America and the Caribbean is complete, the next logical step is consolidation. Most Latin carriers are small by world standards, all are highly dependent on their home country markets, and many have weak balance sheets. The heavy losses of the ...