All Strategy news – Page 981
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News
Flight of fantasy
Airline operations in the 21st century will be conducted in an integrated information environment, linking passengers, cabin and cockpit crew with the ground The airliner passenger cabin and the flightdeck are getting closer technologically. No longer are capabilities exclusively designed for the cockpit, with applications increasingly being found in ...
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Buying Power
KEVIN O'TOOLE & TOM GILL LONDON The global alliances are only just starting to use their combined buying power. Airline analysts are not alone in anxiously awaiting signs of how the global alliances may change the industry's landscape. There are hopes and fears among service providers too over how the ...
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Partners in IT
KEVIN O'TOOLE LONDON IT suppliers are reworking their relationships with airline customers, looking for long-term partnerships based on measures of business success. SITA is joining the revolution Speak to a supplier of information technology (IT) these days and you are likely to hear some highly untechnical language. Once the talk ...
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In Brief
LOT qualifies for Swiss deal SAirGroup's $33.7 million purchase of a 10% stake in in the Polish flag carrier LOT was officially signed in November. The purchase will be combined with a share issue, increasing SAir's stake to 37.6%. Financial assets from the share issue, equalling close to $150 ...
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JetBlue prepares for February launch
JetBlue Airways has taken delivery of its first Airbus A320 and expects another one soon as it gears up for an early February take-off. The 10 aircraft to be delivered this year will sport three different livery patterns using various shades of blue - the favourite colour of chief executive ...
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Meridiana seeks strategic partner after labour deal
Italy's second-largest carrier, Meridiana, has appointed the UK's Lloyds Bank to advise it on seeking a European strategic airline partner. The airline's president Franco Trivi expects a deal to be agreed within six to eight months. Long-established Meridiana had run the risk of losing market share to new rivals, ...
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Routes
Down Mexico way Continental Express, the regional subsidiary of Continental Airlines, plans to start a service from its hub at Houston's George Bush Intercontinental Airport to San Luis Potosi, Mexico, next March, subject to government approval. By adding San Luis Potosi, Continental and Continental Express will serve 18 destinations ...
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Virgin moves on Australia
DAVID KNIBB SEATTLE Richard Branson's decision to launch a low-cost domestic Australian airline is the biggest threat yet to the Qantas-Ansett duopoly During a whirlwind tour of Australia, Richard Branson announced that Virgin Australia would start mid-year with five Boeing 737s that could quickly grow. Focusing initially on the busy ...
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China tax threatens leasing company growth
A new Chinese tax on aircraft operating leases is emerging as a potential threat to leasing companies hoping to profit from expectations that China's airline industry will grow at a faster-than-average rate over the next 20 years. The new withholding tax was quietly introduced by the Chinese Government, effective ...
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Investors emerge for Ansett New Zealand
News Corporation's efforts to sell Ansett New Zealand may have better luck with a new group of New Zealand investors than it has had over the past 12 years with Qantas Airways. News Corp and Qantas were unable to agree on a price, and there is no assurance the ...
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In Brief
Asiana offer Asiana Airlines expects to raise 375 billion won ($325 million) through an initial public offering of 50 million shares. Shares were made available early in December ahead of a listing on South Korea's secondary Kosdaq share market at the end of the month. Public and institutional investors ...
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Chicago revisited
KAREN WALKER CHICAGO Transport ministers from around the world joined airline and industry chiefs in Chicago in December to discuss how to shed the bilateralism legacy of the historic 1944 Chicago Convention and also move beyond the current open skies regime to multilateralism. US Transportation Secretary Rodney Slater lost few ...
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Star wins battle over Canadian future
DAVID KNIBB SEATTLE Star Alliance has won the battle with oneworld for control of Canadian Airlines. Under a deal hammered out between American Airlines parent AMR and Air Canada, American will retain certain codeshare rights, but Canadian will effectively withdraw from oneworld. This ends a five-month see-saw battle in ...
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Catering - serving in the fast lane
Fast food may not be on the in-flight menu, but as consolidation takes hold of the airline catering business, speed appears to be of the essence. Last year saw a flurry of activity in the in-flight catering industry, including a host of joint ventures and two major acquisition deals. ...
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Mexico's smaller players struggle to compete
DAVID KNIBB SEATTLE Mexico's third and fourth largest airlines have both experienced problems that harm their ability to compete against the duopoly of Aeromexico and Mexicana. Taesa, Mexico's number three carrier, remains grounded for safety reasons following a fatal crash on 9 November. Mexico's communications and transport ministry says inspectors ...
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The new leaders in handling
Ground handling is developing a higher profile in the industry, attracting a new style of leadership. Analysis is by Michael Bell, who leads the global aviation practice at executive search consultants Spencer Stuart.Recent years have seen the emergence of ground handling as an industry in its own right, and there ...
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In Brief
US-Italy open skies The US Department of Transportation (D0T) has approved Alitalia's tripartite alliance with KLM and Northwest, paving the way to the signing of a fully fledged open skies bilateral between Italy and the USA. The two countries partially liberalised air traffic last year. Alitalia-Northwest will codeshare on ...
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Japan to redistribute slots
NICHOLAS IONIDES ATI/TOKYO Japan's "big three" carriers could be in for a further wave of competition, as the Japanese Ministry of Transport (MoT) studies a controversial plan that would see slots stripped from them at congested airports and handed over to new operators. A senior member of the MoT's strategic ...
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New Beginning
GÜNTER ENDRES ATHENS With the belated opening up of the Greek market, a clutch of independent operators is starting to mount a serious challenge to flag carrier Olympic Airways Until 1998, Greece had been virtually untouched by the European liberalisation process. Apart from a partial deregulation in 1991, which permitted ...