All Strategy news – Page 1172
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Air China will go to market
Despite speculation to the contrary, Air China president Yin Wenlong insists the carrier will list on the New York stock exchange and is already being urged to do so by several major international financial institutions. He also says a Hong Kong-based finance house - Yin refuses to identify ...
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Meeting market needs is essential
Airlines are turning their organisations upside down - creating new problemsIn examining the airline business, many company strategists are working overtime these days. Following the disastrous start to the 1990s, most airlines are going through the most intensive period of soul-searching ever. They are asking questions like: What is our ...
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Coveting the other's home
British Airways and Lufthansa are increasing penetration of each other's home markets through airlines they have minority stakes in - the UK major with Deutsche BA and its German rival through Business Air. But the strategies are markedly different. At Deutsche BA, BA managing director Robert Ayling is ...
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Oz in battle on HK
Australian air service negotiators are under mounting pressure as they grapple with a potential crisis in bilateral relations with Hong Kong and the prospect of a major equity link between Ansett and Air New Zealand, which could put the status of a range of bilateral agreements in doubt. ...
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Indian scene starts to slip
The long-awaited clear out in the overcrowded Indian domestic market appears close at hand, with the owners of at least one private operator considering pulling out of the business. As the private domestic operators report declining load factors and plunging profits, the owner of Damania Airways is seriously ...
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Open skies, open scraps
As Canadian carriers prepare for flights to the US under the open skies agreement, US airlines are competing for temporary awards of rights to Toronto that could become permanent. Since the US Department of Transportation gave out 17, ostensibly temporary, US-Canada route awards in February, there has been ...
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Japan's case is on the rise
It has taken years, but Japanese transport officials appear to have their first chance of forcing the US into a renegotiation of the 43-year-old bilateral over beyond rights from Kansai/Osaka. Japan has long complained that US airlines have unfair competitive advantages over Japanese carriers as a result of ...
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PAL thriller in Manila again
The perennial battle for control of Philippine Airlines is on again with renewed ferocity, and this time the Philippine Securities and Exchange Commission rather than PAL's investors is set to decide the outcome. This latest row started in February after major shareholder Lucio Tan ousted Carlos Dominguez, PAL's ...
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Opt-out halts Swiss talks
The only significant hurdle that appears to stand between Swissair taking a 49 per cent stake in Sabena is the European Commission. Ironically, it has not been Swissair's bid to gain access to the internal European market through the backdoor that has cast the Commission in the role ...
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US-UK bilateral talks stall again
U S AND UK negotiations over a new bilateral air-services agreement have again stalled, although the UK Department of Transport says that it expects a fresh round of talks to be tabled soon. Despite what is described as a more optimistic atmosphere, the last two rounds of talks have produced ...
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MarkAir returns to bankruptcy
MARKAIR, THE Alaska-based carrier which emerged from Chapter 11 in 1994, has again sought federal bankruptcy-court protection following a demand for overdue lease payments from General Electric's GE Capital Aviation Service (GECAS). MarkAir filed for Chapter 11 after GECAS warned the carrier that it would repossess four ...
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Open for business
Heralded as "the airport for the 21st century", sceptics began to believe that Denver International (DIA) might not see its first passenger until then. Technical problems involving the airports automated baggage-handling system, delayed DIA's grand opening four times, for a total of 16 months. Each month cost the ...
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Southern gateway
The first 11-gate phase of Miami Airport's new concourse A is due to open in June as part of the southern gateway's $2.7 billion expansion and redevelopment programme which is due to last until 2010. Gateway is the operative word at Miami, Florida, which boasts more carriers - ...
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TAT finalises Orly plans
BRITISH AIRWAYS' French subsidiary TAT is at last ready to reveal plans on how it will exploit its hard-won access to the domestic hub at Paris Orly. Several other airlines have already begun competing with incumbent French domestic airline Air Inter between Orly and Marseilles, Toulouse and Nice, ...
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Bombardier poised to make Dash 8-400 engine choice imminent
BOMBARDIER WILL select an engine for the de Havilland Dash 8-400 "by the end of April", says Regional Aircraft division president Pierre Lortie. Board-level approval to offer the 70-seat high-speed regional turboprop to airlines is expected at the same time, he says. Lortie was speaking at the 19 ...
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USAir deficit is improving
USAIR HAS TRIMMED its losses by $100 million in the first quarter, producing optimism that it may at last be back on course after a run of disastrous results. The airline still turned in a net loss of nearly $97 million for the quarter, but claims that this ...
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Australia heads for Hong Kong dispute
HONG KONG AND Australia are heading for confrontation over Qantas fifth-freedom rights from Hong Kong to Singapore and Bangkok. The Australian carrier has built a substantial market network, using the three Asian destinations as hubs for services to Europe, and for tourism products within Asia. On 20 April, ...
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Swissair: lining up to complete a grand global alliance
SWISSAIR IS to offer Delta Air Lines a role in its planned link-up with Belgian flag carrier Sabena, in a move which could see the Swiss airline complete its goal of pulling together its partnerships into a grand global alliance. Singapore Airlines, Swissair's other partner within the Global ...
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EVA takes stake in second Taiwan domestic
EVA AIR HAS acquired a stake in a second Taiwanese domestic airline in a move designed to strengthen its presence in Taiwan's highly competitive home market. The international carrier reportedly paid NT$330 million ($13 million) for a 20% share in Great China Airlines. This latest deal follows EVA's ...
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JAL
Akiro Kondo, Japan Airlines' (JAL) senior managing director responsible for corporate planning, will be JAL's next president, subject to shareholder approval at the annual general meeting to be held on 29 June. He will succeed Matsuo Toshimitsu, who will remain on the board as an advisor. Akio Kohno, managing director ...