All Strategy news – Page 986
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News
The first signs of light?
Results of the summer's capacity hike are starting to show through in Europe's latest results, but Commerzbank's Chris Tarry detects signs that the worst may be over. Leading off the latest round of reporting for the major European airlines, both KLM and British Airways have provided the first tangible evidence ...
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Brighter spots on horizon for USA
Given heavy losses from Trans World Airlines and US Airways, the latest round of third quarter results from the US majors could have played much worse on Wall Street than it seems to have done. Most aviation analysts were keen to point to some bright spots on the industry's horizon ...
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Slots Logjam
ALAN GEORGE BRUSSELS KEVIN O'TOOLE LONDON Hopes are growing that the new team at the European Commission could finally end the long wait for new regulations on airport slot allocation. Even the contentious issue of slot trading could be back on the agenda. Could Europe at last be ...
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Battle for the Big Apple
JANE LEVERE NEW YORK The USA's north-east corridor, long a hotbed of airline competition, is entering a new phase of battle as traditional players face new rivals. And not all of them come with wings. There is much at stake in the lucrative north-east corridor of the USA. Salomon Smith ...
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Judge rules out Canadian's takeover
DAVID KNIBB SEATTLE Everything came to a screeching halt late on the last business day before shareholders were set to vote on the counter-proposals from Onex and Air Canada. Quebec judge Justice Wery ruled that Onex's offer to acquire 31% of Air Canada and merge it with Canadian was illegal. ...
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Aviation industry ready for 2000?
TOM GILL LONDON The International Air Transport Association (IATA) is "not anticipating any major" disruption over the new year period, following advances in preparations for the changeover to 2000, despite what appears to still be a patchy picture. More than 500 out of 800 airports audited by IATA have ...
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British Midland decides on the Star attraction
GÜNTER ENDRES LONDON After intensive talks with all the major alliances, with the obvious exception of oneworld, British Midland has opted to team with Lufthansa and the Star grouping. BM is expected to join in spring or summer of next year. The alliance signing is backed by Lufthansa taking ...
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Mixed messages from Japan
On the surface, results from Japan's big three carriers seemed to offer a few grounds for optimism. All showed better operating profits for the first half of their latest financial years, yet concerns linger. Lower fares have stimulated traffic and changes in depreciation have skewed results so it is still ...
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Airports
A major refurbishment of Tashkent Airport's international terminal will begin in December, with Donald Smith, Seymour & Rooley as engineering consultant. Work is scheduled to be completed in June 2001. Belgian regional airports Liège-Bierset and Charleroi-Gosselies (rebranded as "Brussels South"), both operated by the country's regional government for the Walloon ...
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BWIA aims to revive LIAT link
Max Kingsley-Jones/LONDON BWIA hopes to revive plans to link with LIAT on regional services, as the two carriers face up to competition from Air Jamaica-backed start-up Eastern Caribbean (EC) Express. The airline is also poised to cement codeshare links with United Airlines from its hub in Washington Dulles, which ...
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Eurocontrol plan for congestion gets green light
Julian Moxon/PARIS Eurocontrol's Provisional Council has approved the agency's plans to reduce air traffic congestion in the short-to-medium term after a year in which delays have been among the worst on record. Although the Kosovo crisis has been blamed for causing most of the delays from April-July, the ...
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Egyptian start-up expands with A320 acquisition
Egyptian start-up Midwest Airlines is expanding operations with the acquisition of Airbus A320s and planning to launch scheduled operations. Privately owned Midwest launched operations in June with two ex-Air Afrique Airbus A310-300s. Based in Cairo, the airline operates charters between Egyptian tourist destinations and Europe. The airline has ordered ...
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Catching African bugs
Age is beautiful for many African airports, which have avoided the biggest problems in becoming Y2K compliant Michael Wakabi/KAMPALA Africa is never short of contradictions. In the run-up to the year 2000, the very things that made some African airports the laughing stock of yesteryear are the reason that ...
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Emirates eyes 120-seater for new regional network
Emirates will shortly start talks with Airbus and Boeing to acquire 120-seat aircraft to launch a network of regional services from its Dubai hub. The carrier is also studying airline alliances, to allow it to decide whether to join a grouping, says Emirates chairman Sheikh Ahmed bin Saeed Al Maktoum. ...
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Marketplace
DHL Worldwide Express is purchasing two Boeing 757-200 freighters for its European and African networks, from Ansett Worldwide Aviation Services (AWAS) in a deal worth over $60 million. The aircraft, one of which is already leased by DHL for its Dubai/Bahrain-Brussels services, will be delivered in January and March. DHL ...
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Routes
British Airways is restructuring its Caribbean network from London Gatwick with a redeployment of flights operated under franchise by the paper airline Airline Management (AML) from March. AML services are operated by two-class Boeing 777s, with BA providing pilots and Flying Colours (to be renamed JMC Air) the cabin crew. ...
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Aviation Sales moves to do deal with Malev's Aeroplex
Andrew Doyle/MUNICH Aviation Sales of the USA is discussing a possible tie-up with Malev Hungarian Airlines' Aeroplex maintenance subsidiary, in line with plans to establish a major facility in Europe. The move may threaten a previously announced joint-venture agreement between Aeroplex and Lufthansa Technik (LHT) to overhaul Boeing 737s ...
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Canadian regionals may merge
Brian Dunn/MONTREAL A Toronto-based business group, Regional Airlines Holdings, aims to establish a new national airline by buying and merging the regional carriers of Air Canada and Canadian Airlines. The move would appear viable if the two majors themselves merge. Regional Airlines Holdings wants Ottawa to force Air Canada to ...
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Maintenance tie-up
Air Zealand and Ansett Australia have formed a maintenance company, merging the carriers' respective Auckland and Melbourne-based facilities. The joint venture, dubbed Ansett Australia and Air New Zealand Engineering, will offer maintenance, repair and overhaul (MRO) services, and is forecast to have an equity value of A$1 billion ($625 million). ...
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Boeing claims 747-X will catch A3XX
Guy Norris/LOS ANGELES Boeing is claiming that its new stretched 747-400X design is capable of meeting and even beating the direct operating costs of the all-new Airbus A3XX. The startling assertion is based on revised performance estimates for the 747-400X, plus new, independent airline analysis of the latest A3XX proposals. ...