All Strategy news – Page 987
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News
Alliances take hold in Asia-Pacific
NICHOLAS IONIDES/ATI SINGAPORE Alliance activity is on the rise in Asia-Pacific, with Korean Air (KAL) having won a place in the new global alliance being formed by Delta Air Lines, Air France and Aeromexico. Malaysia Airlines (MAS) is meanwhile edging closer to membership in the so-called Wings alliance based ...
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In Brief
PAL receives finance boost The US Export-Import Bank has dropped its objections to Philippine Airlines' rehabilitation plan, removing the carrier's last major barrier in efforts to emerge from near bankruptcy. The carrier says Eximbank filed a motion with the Philippine Securities and Exchange Commission on 28 October, confirming its ...
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JFK Reconstructs
CAROLE SHIFRIN NEW YORK Billions of dollars are being pumped into New York's once run-down Kennedy airport to make the USA's east coast gateway fit for the 21st century A largely faded symbol of the new world of international aviation, New York's John F Kennedy International Airport is undergoing a ...
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Alaska offers Internet check-in
JANE LEVERE NEW YORK Alaska Airlines, a pioneer in the use of electronic tickets, is using the Internet to revolutionise its check-in process. The carrier has developed a new on-line check-in system for travellers who purchase electronic tickets for domestic travel from its web site; it now sells only paperless ...
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Venezuela's Aserca moves togain access to USA
Venezuela's Aserca Airlines is looking to its Caribbean subsidiary to expand a US presence otherwise frozen for Venezuelan airlines. Air Aruba, which is 70% owned by Aserca, is expanding its Aruba hub with three more McDonnell Douglas DC-9s, more flights to Caracas, and listings in more computer reservation systems. ...
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VASP merger proposal rejected
BRIAN HOMEWOOD RIO DE JANEIRO Brazilian aviation is again in confusion over mergers, with VASP proposing a single holding company for the four main companies and the government's development bank repeating an offer to finance fusion. For the second time this year, Andrea Calabia, president of The Brazilian National Development ...
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Return to School
KAREN WALKER WASHINGTON DC Competition is heating up to provide MBA programmes for airline middle managers on the fast track. Such programmes are helping to breed a new generation of business-savvy executives. Why is it that airlines are looking outside of the industry to appoint senior executives? Academics believe it ...
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Malév sees alliance as top priority
PETER BENNETT VIENNA Malév has admitted for the first time that it is to seek direct talks with all five of the global alliances, after a consultancy report from SH&E labelled this a top priority for the Hungarian flag carrier's privatisation. A Malév board meeting in early November decided to ...
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In Brief
EC to tackle ATC delays The Association of European Airlines has gained backing from the European Commission (EC) for a political solution to the worsening delays in Europe's airspace. EC vice-president and Transport Commissioner Loyola De Palacio has given the issue prominence in her transport work schedule, following the ...
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Olympic maps out recovery plan
GÜNTER ENDRES ATHENS November could go down in history as the month when Olympic Airways finally turned the corner in its perennial battle for survival. After the completion of a 12 week evaluation, the new BA Speedwing management team led by former Air Europe managing director Rod Lynch has ...
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Virgin reluctanctly accepts alliances as a fact of life
KEVIN O'TOOLE CHICAGO Even a maverick like Richard Branson is forced to admit that joining an airline alliance is fast becoming a "fact of life". Speaking during Virgin Atlantic's inaugural flight to Chicago, he revealed that contacts have taken place with three of the global groupings. "It's inevitable that ...
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Taking on the World
PETER BENN VIENNA Consolidation appears to be taking shape in the airport world as major groups and financial investors alike begin to build positions with a string of recent acquisitions and management contracts. But where is the trend headed? Airlines have been busy developing their alliance strategies for years, ever ...
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ANZ ownership debate hots up
The debate surrounding foreign ownership of Air New Zealand has been further fuelled by the decision by Brierley Investments, a long-standing major shareholder, to reincorporate in Bermuda and move its headquarters offshore to Singapore. Earlier this year, when the airline was vying with Singapore Airlines for a half interest ...
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Hong Kong starts US bilateral round
Hong Kong and the USA were due to have opened their first round of air services talks in four years in mid November in a key test of Hong Kong's resolve to liberalise. The two-day round was due to have begun on 17 November in Washington DC with ...
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Cape Town service hits a setback
ROGER MAKINGS JOHANNESBURG Plans by Nationwide Air, a domestic South African carrier, to link with Virgin Atlantic in starting a new service between Cape Town and London Heathrow have met with initial failure. Nationwide had applied for a temporary licence to fly the route weekly using a wet-leased Virgin ...
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Tokyo's promised runways get nearer
DAVE KNIBB SEATTLE Three separate initiatives, including a decision on a new airport, are underway to boost runway capacity in Tokyo, which remains Asia's biggest and most congested gateway. Construction could start before the end of the year on a second runway at Narita, allowing more room for regional services ...
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Alitalia and KLM seek to add Northwest to alliance
TOM GILL LONDON KLM and Alitalia have started their joint venture and may be close to gaining US anti-trust immunity for a tripartite alliance with Northwest Airlines. The formal launch of the "virtual merger" at the beginning of November was accompanied by much shuttling of senior executives between Rome, Milan ...
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In Brief
AA-BA revisit alliance In a move that has drawn fire from UK rival British Midland, British Airways has submitted a joint application with American Airlines for US approval to start codesharing between Chicago and New York, and eight UK cities, excluding London. The alliance partners also aim to share ...
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Air France joins call for single US-EU market
KAREN WALKER WASHINGTON DC Air France chairman Jean-Cyril Spinetta says he strongly supports transatlantic negotiations between the European Union and the USA and he wants to see the creation of a "transatlantic common aviation area". Spinetta, speaking in November at the International Aviation Club in Washington DC, said a ...
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In Brief
WTO rules on aircraft tax Washington has appealed against a World Trade Organisation (WTO) ruling that foreign sales corporations are an illegal subsidy. US exporters use these corporations to shield income from tax. That creates opportunities for tax-based leasing on such exports as aircraft. If the ruling stands, Boeing ...