All Strategy news – Page 992
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Aboard the management express
Regional carriers provide a broad management training ground for senior executive roles in the mainline carrier argues Michael Bell, who leads the global aviation practice at executive search consultancy Spencer Stuart. What's the best way to groom an up-and-coming airline executive for general management? Put him or her into ...
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WestJet eyes move to number one
Calgary's second airline is on its way to becoming first. WestJet, which only started flying four years ago, is seizing the opportunity it senses following Air Canada's takeover of Canadian Airlines. WestJet plans to take nationwide the formula that has been the basis of its success in western Canada ...
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Plan set to solve dispute over Italian flight transfer
BARRY CROSS LONDON A new plan may have solved the long-running saga over the transfer of flights from Milan's Linate Airport to the new hub at Malpensa. The so-called Plan B is to be implemented on 20 April, even though the airlines involved are still far from happy. The ...
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British Midland steps up bid for transatlantic rights
COLIN BAKER LONDON British Midland (BM) has raised the stakes in its quest for transatlantic services from London Heathrow with a $1.2 billion order for four long-haul Airbus A330s. The order is despite the failure of the US and UK governments to reach an open skies "mini-deal" earlier this year, ...
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Air Liberté takeover bid
Air France has received board approval to bid for 86% British Airways-owned Participations Aéronautiques, parent company of Air Liberté. If the sale goes through, it will strengthen Air France's grip on its regional network, which has seen heavy investment recently. SAir-owned AOM is also reported to have shown interest in ...
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Tokyo's runway slots awarded
Japan's transport ministry has allocated 48 of the 57 valuable new slots to be made available over the next two years at Tokyo's congested domestic hub Haneda Airport ahead of the opening of a third runway in July. As expected, new carriers Skymark Airlines and Hokkaido International Airlines - ...
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Air Maldives hit by cash shortage
Air Maldives is in serious financial trouble, having been forced late in February to suspend all international services as a result of a cash shortage. The airline grounded its international operation on 28 February, although as Airline Business closed for press it hoped to have resumed flights before the ...
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Biman sell-off
RAVI PARSAD NEW DELHI A Citibank-led consortium is preparing a restructuring plan with the aim of attracting a strategic partner for Biman Bangladesh Airlines. British Airways and Singapore International Airlines are among those reported to be interested. The consortium consists of consultancy SH&E, legal firm Clifford Chance Wirot and ...
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When size matters
The debate over the size of market for a new very large aircraft has become similar to a poker game; until the first cards are on the table, no-one knows which way the deck will fall. During a recent briefing in Washington, Airbus Industrie's senior vice- president, commercial, John Leahy ...
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Hungary for a change?
Tom Gill BUDAPEST With a new chief executive and new investors on the horizon, things might be looking up for Malév Ferenc Kovacs is cautiously confident. Appointed Malév's chief executive in October after 23 years with the company, he is well aware of the many false starts that the Hungarian ...
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Back to Business: Alan Mulally, president of Boeing Commercial Airplanes
For Alan Mulally, president of Boeing Commercial Airplanes Group, this is the year the company can finally put its troubles behind it with new launches, a growing services business and, above all, a renewed focus on the customer
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Spain set for regional battle
Andrew Doyle/GERONA Boeing is close to securing a second European airline customer for its 717 following Spanish regional start-up AB Bluestar's announcement that it intends to order six of the twinjets and take nine options. Spanish rival Air Nostrum, meanwhile, has concluded a major deal with Canada's Bombardier ...
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Carriers queue for La Guardia
Paul Lewis/WASHINGTON DC Continental Airlines and Delta Air Lines are moving quickly to claim additional slots promised for regional services at New York's La Guardia Airport as the result of newly approved Congressional legislation. Contained in the US Federal Aviation Administration reauthorisation Bill is a provision to grant ...
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BAE approves regional launch
Emma Kelly/LONDON BAE Systems hopes to announce the launch airline for its RJX regional jet family in the next three weeks following the formal launch of the Avro RJ derivative on 21 March. Peter Connolly, BAE Systems senior vice-president for sales and marketing, says an order for the ...
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Aegean considers global alliances
Aegean Airlines is "probing" global alliance possibilities with a view to joining one of the networks by next March to let it launch international routes, having given up hope of co-operating with Greek carrier Olympic Airways. The airline plans international expansion around the opening of the new Athens Spata ...
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Maintainers record mixed 1999 results
Graham Warwick/WASHINGTON DC Troubled US maintenance and parts specialist Aviation Sales will take a charge of $72 million against yet-to-be-announced 1999 results, relating to a reduction in the value of inventory in its parts redistribution operations, plus four Airbus A300s which it is trying to sell or lease. The ...
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Air France/Delta court Aeroflot
Julian Moxon/BUDAPEST Alexander Velovich/MOSCOW Air France and Aeroflot have agreed a deal that should see the Russian carrier join the former's global alliance with Delta Air Lines, while the French flag carrier is also emerging as the most likely partner for Hungary's Malev, with its Budapest Ferihegy hub. The ...
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Canadian plans to update ageing fleet
Canadian Airlines has unveiled plans for a multi-billion dollar acquisition to replace up to 70 ageing aircraft over the next five years. The move follows its takeover by rival Air Canada, and a joint fleet-renewal order may be under consideration. The plan has been disclosed by new president ...
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People
Gareth Kirkwood, managing director (MD) of British Airways subsidiary Brymon Airways, has been appointed MD of British Airways World Cargo. Northrop Grumman's Electronic Sensors and Systems sector has appointed four new vice-presidents (VPs): Donald Wilhelm - airspace management systems, George Perkins - space systems, James Armitage - engineering, Baltimore operations ...
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Thailand gives green light to Thai Airways offer
The Thai cabinet has approved the sale of a 23% stake in Thai Airways International, endorsing the sale of 100 million shares held by the Ministry of Finance and of 300 million new shares in the airline. Bangkok owns 93% of Thai, with the rest publicly held. The airline's ...