All Strategy news – Page 1172
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SIA goes for 777 with Rolls-Royce powerplants
SINGAPORE AIRLINES (SIA) has placed an order for 34 Boeing 777s, with options on an additional 43 aircraft. Deliveries will run from 1997 to 2004. The $12.7 billion deal includes spares and the selection of Rolls-Royce Trent 800-series engines. The selection of R-R was the biggest surprise - the ...
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Air New Zealand signs up to buy a stake in Ansett
Paul Phelan/CAIRNS Air New Zealand (ANZ) has signed a Memorandum of Understanding (MoU) with TNT to acquire an initial 25% interest in Ansett Holdings for A$200 million ($151 million). ANZ chairman Bob Matthew says, that a formal agreement on the two-stage A$425 million purchase, is ...
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Harris may start 'no-frills' airline
AIR CANADA CHAIRMAN Hollis Harris may invest in an US-based "no-frills" airline, which could be in operation as early as June 1996. Harris confirms in an interview with the Canadian Financial Post that at least four "core" investors are already examining whether to take a stake in the ...
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Northwest fumes at KLM activities
NORTHWEST AIRLINES has effectively accused its Dutch partner, KLM, of attempting to gain control of the company, as boardroom friction between the two airlines heads towards legal action. The accusation comes in a letter to Northwest employees, explaining the board's decision to put a "poison pill" in place ...
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Iberia on brink of selling Argentinas
IBERIA IS POISED to sell off its stake in Aerolineas Argentinas and other South American airline holdings, in an effort to raise badly needed cash. Spain's industry minister Juan Manuel Eguiagaray confirmed on 14 November that the bulk of Iberia's 85% holding in the Aerolineas would be transferred ...
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Employee doubts played part in United decision on USAir
UNITED AIRLINES chairman Gerald Greenwald suggests that "significant doubts" among the group's employee owners contributed to the decision to drop its pursuit of a merger with USAir. United finally announced on 13 November that it would no longer press ahead with its talks. American Airlines, which has ...
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Crandall attacks liberalisation progress
Kevin O'Toole/LONDON IN ANOTHER FIERCE attack on the lack of progress being made in UK-US liberalisation, American Airlines chairman Bob Crandall says that he is against any deal which falls short of giving the carrier an equal footing to that of British Airways at London Heathrow. ...
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Inconsistency in BALPA policy
Sir - The Independent Pilots Association (IPA) commends the letter from Chris Darke, general secretary of the British Airline Pilots Association (BALPA) on licence validations within the European Union (EU) (Flight International, 11-17 October, P49). The IPA is also concerned that licence validations have been issued to non-EU ...
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Munich on defensive as Asian airlines pull out
INDONESIAN CARRIER Garuda and Japan Airlines (JAL) have withdrawn from services to Munich Airport, leaving the airport management company, Flughafen Munchen (FMG), defending its growth record. According to the airport authorities, JAL pulled out over a question of traffic rights, while Garuda's decision was part of an overall ...
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Room for expansion at Air Seychelles
AIR SEYCHELLES has unveiled plans for new routes and aircraft, to enable the airline to grow with the development of tourist traffic - which has the scope to double to at least around 250,000 people a year. Executive chairman Freddie Karkaria says that he is considering opportunities to ...
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Valujet will open up more hubs
VALUJET, THE low-fare US airline entrant which is competing head-to-head with USAir in the eastern USA, is creating additional hub operations at Boston, Massachusetts, and Orlando, Florida. The profitable low-cost operator, headquartered in Atlanta, Georgia, successfully expanded its operations in 1994 at Washington's Dulles International. The Boston build-up ...
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Don't knock Sir Freddie's return
Sir - I oppose the views of John Byrnes on the return of Sir Freddie Laker (Flight International, Letters, 18-24 October, P64). I was employed by Laker Airways for 11 years and was thrown into the same job maelstrom as everyone else. It is probably true ...
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Aviall
Dennis Wagner, has become vice president of finance and administration, at engine overhaul company Aviall Engine Services, of Dallas, Texas. Wagner, who joined Aviall in 1987 as director of finance and administration for Ryder Airline Services, was most recently general manager of CFM International CFM56 and International Aero Engines V2500 ...
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BA shrugs off US doubts
Kevin O'Toole/LONDON BRITISH AIRWAYS chairman Sir Colin Marshall shrugs off uncertainties over the fate of its US partner USAir, although he admits that the UK carrier has few clues over the likely outcome of the United and American Airlines approaches to the US airline. "We ...
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Virgin draws up regional shortlist
VIRGIN ATLANTIC Airways has stepped up its plans to launch a European regional airline based in Brussels, Belgium, by selecting a shortlist of possible aircraft suppliers. The move follows presentations in October by Boeing, British Aerospace Asset Management Organisation (the jet-leasing arm of BAe), Fokker, Avro Aerospace and ...
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Egyptian airline takes Metros
ORCA AIR, a new Egyptian airline based at Sharm el Sheikh on the tip of the Sinai peninsula has ordered, two 19-seat Fairchild Metro 23s and taken options on four more. The aircraft will be the first 23E models, incorporating an electronic flight-instrumentation system (EFIS) cockpit. The first ...
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Bidders line up for Kenya Airways stake
KENYA AIRWAYS IS close to selecting a strategic airline-partner, with KLM understood to have joined front runners British Airways and South African Airways (SAA) among the final bidders. Submissions were handed in on 3 November, with a winner due to be selected, on 30 November, at a meeting ...
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New Merpati president will go ahead with CN-235 lease plan
Paul Lewis/SINGAPORE MERPATI NUSANTARA Airlines is to go ahead with the lease of 16 Industri Pesawat Terbang Nusantara (IPTN) CN-235-220 passenger aircraft, following the dismissal of the carrier's president, Ridwan Fatarudin. According to Mr Soepandi, president of Merpati parent airline Garuda Indonesia, there is a ...
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Dragonair moves to protect independence
Paul Lewis/SINGAPORE CATHAY PACIFIC Airways has terminated its management agreement with Dragonair, in a move designed to prepare the carrier for a possible public listing in 1996. Cathay Pacific owns 30% of Dragonair and has been responsible for running the Hong Kong airline under a 15-year ...
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Reduced separations lie ahead on Atlantic routes
Guy Norris/LOS ANGELES THE NORTH ATLANTIC Systems Planning Group (NATSPG) plans to start preparations in December to pave the way for the introduction of a trial 1,000ft (300m) reduced vertical- separation minima (RVSM) across the Atlantic by January 1997. The NATSPG, which includes all major ...