All Strategy news – Page 993
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News
Air France makes bid for Air Liberté
Air France has made a firm offer for British Airways' loss- making subsidiary Air Liberté in a move which, if successful, would consolidate its hold on the French domestic market and bring with it an extensive route network to overseas French territories. A takeover would increase Air France's slot ...
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Airbus begins A3XX proposal process
Paul Lewis/WASHINGTON DC Julian Moxon/PARIS Chris Jasper/LONDON Airbus Industrie has begun submitting proposals to airlines it regards as key potential customers for the A3XX as it bids to rack up sufficient commitments for the 480-660 seat family to be launched later this year. Unofficial agreement has been reached on assembly ...
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SIA fails with Air New Zealand bid
Paul Phelan/CAIRNS A bid by Singapore Airlines (SIA) to acquire a 25% stake in Air New Zealand (ANZ) has been put on ice . SIA chief executive Dr Cheong Choong Keong went to New Zealand to complete the agreed purchase with ANZ owner Brierley Investments (BIL), only for the ...
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A tale of two countries
Deregulation has had differing results for Chile's and Argentina's airlines Paul Lewis/SANTIAGO Guy Norris/BUENOS AIRES Chile and Argentina offer contrasting pictures of the state of civil air transport in South America. The former is held up as a textbook example of successful deregulation, having embraced open skies and ...
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Argentina suspends law to block LanChile advance
Guy Norris/LONDON The Argentinian Government has suspended for six months a 1994 law allowing foreign ownership and control of Argentinian carriers. The move is apparently aimed at blocking a takeover of ailing Aerolineas Argentinas by LanChile, which had expressed an interest in taking a share in the Buenos Aires-based ...
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Chilean carrier seeks a new fleet and European partner
Paul Lewis/SANTIAGO Avant Airlines plans to decide within the next six months on a replacement fleet of aircraft. The Chilean carrier is also searching for a European partner to strengthen its domestic market presence. According to Avant executive vice-president Fernando Fernandez, the airline aims to select a new 100-seater ...
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Rockwell venture makes News
Emma Kelly/LONDON Rockwell Collins has formed a joint venture with media giant News Corporation in the latest stage of the avionics manufacturer's continuing move towards providing equipment and services for the passenger cabin. The partners' In Flight Network (IFN) joint venture is designed to provide airline passengers with the latest ...
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People
John Ferrie is to head Smiths Industries Aerospace, succeeding Norman Barber who is retiring. Ferrie joins the UK company as executive director on 10 April and takes over aerospace responsibilities from 31 July. He was previously executive vice-president (VP) business operations for Rolls-Royce. Newly formed Lockheed Martin Aeronautics has completed ...
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Swissair in the hunt for Thai following codeshare move
Chris Jasper/ZURICH Swissair is launching a codeshare deal with Thai Airways International in a move that casts doubt over Thai's long-term future within the Star Alliance. The Asian carrier is due to be partially privatised through the sale of a 23% stake - with 14% going to a ...
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Southern Winds warms up Aerolineas with codeshare
Guy Norris/CORDOBA Southern Winds, a fast-growing Argentine regional based in Cordoba, is to begin its first codesharing flights with Aerolineas Argentinas this month as part of plans to expand its fleet to include up to 18 Bombardier Canadair Regional Jets (CRJs). Christian Maggio, general manager of the four-year-old ...
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Low-key liberalisation
Japan has finally deregulated its domestic market. But the airlines are not convinced it will have a major effect on competition Andrzej Jeziorski/TOKYO When deregulation took hold in the USA in 1978, it changed the face of domestic airline travel. It led to an explosion of new airlines - ...
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A320 tops list in ILFC plan for major new purchase
Paul Lewis/WASHINGTON DC International Lease Finance (ILFC) is on the verge of placing a follow-on order with Airbus Industrie for another 50 widebody and narrowbody aircraft. At the same time, the leasing company continues to express interest in the proposed Boeing 777-100X shrink development. The Los Angeles-based leasing ...
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Ayling bails out as British Airways slump takes its toll
Emma Kelly/LONDON British Airways chairman Lord Marshall took over the running of the airline on 10 March with the resignation of chief executive Bob Ayling. Marshall will take on the role of chief executive while a successor is sought. Ayling leaves BA after four years as chief executive and ...
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Impulse boost
Australian regional Impulse Airlines is on track to launch operations out of its Newcastle hub following finance giant AMP's assumption of a "significant strategic equity position". Impulse's planned Boeing 717-based expansion was due to be funded from Hong Kong, but cash dried up after Virgin Atlantic unveiled Australian plans, Air ...
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Boeing goes ahead with 777 variants but declines to reveal customers
Guy Norris/LOS ANGELES Boeing is to go ahead with the ultra-long range 777-200LR and -300ER derivatives, previously called the 777 200X/300X. The company plans to deliver the first aircraft in September 2003. News of the long-delayed launch was dampened by Boeing's refusal to name a launch customer. Candidates ...
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Midland determined on long haul
Max Kingsley-Jones/LONDON British Midland (BM) is adamant that it will begin long-haul services next year, but is tight lipped about its contingency plans should it not receive clearance for transatlantic flights. The airline had expected to be in a position to detail its plans for transatlantic flights from London Heathrow ...
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SR Technics sets up joint ventures
SR Technics is to form separate maintenance joint ventures with South African Airways (SAA) and France's AOM, carriers to which it is linked via parent company SAirGroup, which has equity stakes in both. The Swiss overhaul specialist says it is in "very advanced" talks about the South African venture. ...
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Marketplace
Air France has signed a five-year lease agreement with International Lease Finance (ILFC) for three General Electric GE90-powered Boeing 777-200ERs. The aircraft will be delivered between April 2001 and February 2002. Brymon Airways has taken delivery of the first of seven Embraer RJ-145s it has on order. Sabena has firmed ...
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Routes
American Airlines and Turkish Airlines have signed a codesharing agreement, with implementation pending negotiation of a US-Turkey open-skies agreement. Northwest Airlines, KLM and Alitalia are to launch reciprocal codeshare flights to 42 cities worldwide from the beginning of April. Vanguard Airlines will discontinue services to Cincinnati on 2 March, after ...
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Sibir targets second spot
Sibir Airlines plans to establish a hub at Moscow's Vnukovo Airport while expanding its network of subsidiaries in Siberia and Russia's Far East. The proposals could make it the country's number two carrier. The airline expects to carry up to 1.5 million people this year, doubling its 1999 load of ...