All Strategy news – Page 1001
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Australian ownership rules criticised
Australia's new limits on airline foreign ownership have come under fire due to the special treatment of Qantas. British Airways chairman Lord Marshall claims the new limits discriminate against the foreign owners of Qantas, particularly BA. In June, Australia's government announced, as part of a package of ...
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Cool head in a hot seat
The glass must always look half full to Fernando Pinto. The first thing that Varig's president and chief executive officer wants to point out is that his airline is in a better position today than it was three years ago. It would be easy to overlook this piece of ...
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Australia's road to privatisation
David Knibb MELBOURNE Two years after privatising its airports, Australia may provide some lessons for the rest of the world. two years after Australia privatised its major airports, some effects of that process are starting to emerge. It is too early for conclusions, but the way Australia faced a ...
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Virgin truce puts Irish operation on hold
Simon Montlake ATI LONDON Virgin boss Richard Branson has brokered a truce between disgruntled pilots and managers at Virgin Express, the Brussels-based low-cost carrier. But the agreement, signed by Branson and staff representatives, has only put off the day of reckoning for Virgin Express Ireland, the new subsidiary at ...
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Speedwing tackles Olympic problems
Tom Gill/Lois Jones LONDON Next month Speedwing will reveal a rescue plan for Olympic Airways, as the initial phase of the 30-month management contract it won in June. Olympic remains tightlipped about its future and Speedwing says it is too early to say what changes will have to be ...
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Arkia move sparks Arab backlash
Peter Bennett VIENNA Israeli group Arkia says it will invest up to $100 million in loss-making flag carrier Balkan Bulgarian after it won the rights to buy a majority stake. But problems with some of Balkan's Arab routes have set in, with some countries objecting to dealing with an Israeli-owned ...
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EasyJet goes for Gatwick
EasyJet will begin flying out of London Gatwick to Geneva this autumn in a move that departs substantially from its use of lower-cost airports such as London Luton and Liverpool. The no-frills airline has also applied for slots at Heathrow, but says that its fares will remain "affordable". Source: ...
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New dawn for Sun Air?
Roger Makings JOHANNESBURG South African Airways (SAA) is poised to move in on its ailing domestic competitor, Sun Air, after securing an exclusive three-month agreement with shareholders to work out a commercial relationship. Sun Air, in desperate need of a cash injection following the eight-month price war on South ...
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Qualiflying seamless service
With its new joint sales initiatives, the Qualiflyer grouping could be stealing a march in the alliance stakes. The promise of seamless customer service from the global alliances may seem a little distant, but progress appears to be under way. At the forefront has been a series of announcements from ...
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Playing your cards right
Jackie Gallacher LONDON Frequent flier co-operation is reaching new levels of sophistication within the global alliances, threatening to leave others out in the cold. Not so long ago, an alliance based only on links between frequent-flier programmes (FFP) would have seemed hopelessly optimistic. Yet the real force of the global ...
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Playing it safe at KAL
Nicholas Ionides SEOUL A big management shake-up at Korean Air has produced a new president and chief executive, Shim Yi-taek. His main task is to improve KAL's safety. Each day at noon, thousands of Korean Air (KAL) employees working at the carrier's Kimpo Airport headquarters building in Seoul make ...
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IT Trends Survey
Kevin O'Toole GENEVA Joint industry research conducted by Airline Business and SITA attempts to establish how far the airline industry is keeping pace with the new wave of information technology and the dawn of the Internet age. Is the airline industry keeping step with information technology? Less than a decade ...
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Netting a bargain
Now in their third year, sales of discount fares via the Internet appear to be a rousing success for US carriers. Is this a glimpse of the future? American Airlines started it all three years ago. Other US majors were quick to follow. Now, Internet discount fares are beginning ...
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50 years ago...
As Airbus fine tunes its A3XX design, the world celebrates a half century of jet travel On Wednesday 27 July, 1949, the world's first jet airliner, the de Havilland (DH) 106 Comet, made its first flight from Hatfield airfield, just north of London. That historic half an hour trip marked ...
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Pan Pacific plans for Let L-420 flights to small US communities
Graham Warwick/WASHINGTON DC Pan Pacific Airways' plans to serve small communities in the north-western USA are back on track after the company agreed to acquire Czech-built Let L-420s. An aircraft arrived in mid-July to enable training to begin. Burlington, Washington-based Pan Pacific hopes to begin operations by year-end. Chairman and ...
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DHL poised to take British Airways 757s
Max Kingsley-Jones/LONDON British Airways is in final negotiations with express package specialist DHL for the sale of almost half of the UK airline's Boeing 757s, with a deal expected to be concluded in the coming months. The transaction, valued at around $500 million (including conversions), would give Boeing a launch ...
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MD-10 speeds up as passenger version is studied
Boeing is talking to potential customers about developing a passenger version of the MD-10, as it considers accelerating the cargo-led programme by up to three months. US express carrier FedEx is so far the only customer for the MD-10 conversion of the DC-10, with orders and options for 120. ...
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Airbus plans to thwart Boeing's SIA deal
Andrew Doyle/MUNICH Airbus Industrie has drawn up a confidential business plan aimed at frustrating Boeing's efforts to remarket 17 A340-300s it is to acquire from Singapore Airlines (SIA)as part of a recent 777 deal. The consortium declines to comment on the plan, but a source familiar with its contents says: ...
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BA CityFlyer takeover approved
Chris Jasper/LONDONBritish Airways has won UK Government approval for a £75 million ($117 million) takeover of its franchise carrier CityFlyer Express. The planned purchase had been referred to trade secretary Stephen Byers amid claims that it was anti-competitive in terms of its likely impact on control of slots at London ...
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SIA plans spending spree on shares
Singapore Airlines (SIA) is planning to spend up to S$1 billion ($586 million) on a share buy-back that may signal a departure from the carrier's strategy of directing its capital reserves towards airline purchases. Cash-rich SIA has in the past year pursued stakes in China Airlines, South African Airways, Thai ...