All Strategy news – Page 1002
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Marketplace
Gandalf Airlines, based in Bergamo, Italy, has taken an ATR 42 on wet lease from Gill Airways for operation on services from Bergamo to Munich and Zurich. The deal was arranged by Cabot Aviation. China Airlines has signed a wet lease with Atlas Air for two 747-400 freighters. Singapore Airlines ...
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Taking on the dollar
Jack Sellsby/LONDON When the euro was introduced at the start of this year, it became a huge source of new currency financing almost overnight, although the airlines were not the quickest of the corporates to take advantage. But like any other industry on the lookout for fresh, plentiful finance ...
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Control freaks
It often takes a crisis to unite an industry and push participants into much-needed action. A crisis is exactly what Europe's air traffic control system is facing this summer, and Eurocontrol, Europe's air navigation organisation, freely admits it. The signs are already there. Last summer's system performance was poor, ...
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777 operators object to GE as sole supplier
A growing number of Boeing 777 operators are signalling displeasure over the selection of General Electric as the sole source powerplant supplier for the 777X, as potential launch customers receive offers of the ultra-long-range derivative. United Airlines has made its disapproval known by unveiling an order for more Pratt ...
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Eurocontrol delays steps to taking regulatory powers
Emma Kelly/BRUSSELS Eurocontrol's Council has delayed until October a decision on whether to approve plans to consider granting the air navigation organisation regulatory powers to force member states to make urgent air traffic management (ATM) improvements. The move comes as Europe's air traffic control (ATC) system is facing a summer ...
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A340 beats 777 at China Airlines
China Airlines (CAL) has selected the Airbus Industrie A340-300 over the Boeing 777-200 for its long haul requirement as part of a larger refleeting plan totalling 24 aircraft. It includes orders for additional Boeing 747-400 freighters and 737-800s. The Taiwanese flag carrier, after a prolonged evaluation, is planning to ...
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Gemini set to double cargo capacity
Gemini Air Cargo plans to double the number of freighters it operates by the end of 2000 from nine aircraft. The increase is the result of major US investor The Caryle Group acquiring a majority stake in the carrier. "Caryle will be an excellent financial partner in the next ...
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Star Alliance pursues French and German rail options
Julian Moxon/PARIS French railway company SNCF is considering a move that could see it become the first "non-airline" member of the Star Alliance - although it has not yet dismissed alternative options which could see it do a "train/plane" deal with a single airline, or open its route network ...
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SAA's cost cutting turns loss into profit
South African Airways (SAA) has revealed a R51 million ($8.32 million) profit for the 12 months to the end of March. The state-owned airline, which last month agreed to sell a 20% shareholding to SAirGroup of Switzerland, recorded a R244 million loss the previous year. The turnaround in fortunes ...
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SabreTech faces ValuJet murder charge
Ramon Lopez/WASHINGTON DC SabreTech, the maintenance contractor for the former ValuJet Airlines, says it will "vigorously defend" itself against murder and manslaughter charges brought by Florida state prosecutors. It also faces federal grand jury criminal indictments. The charges relate to the crash of a ValuJet McDonnell Douglas ...
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China Southern begins merger talks with Air China
Chris Jasper/SHANGHAI China Southern Airlines has confirmed that it has held talks with flag carrier Air China over a possible merger that would bring together two of the country's three biggest airlines. China Southern says that its parent, Southern Airlines Group, has held preliminary talks with Air China which ...
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Mesa's preference for 35-seat regional jet favours Embraer
Paul Lewis/WASHINGTONMesa Air Group wants early delivery of a new 50-seat regional jet. It has an additional requirement for a smaller complementary aircraft, giving the Embraer RJ-145 the edge over the competing Bombardier Canadair Regional Jet CRJ-200. Phoenix, Arizona-based Mesa plans soon to announce the acquisition of up 40 new ...
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Routes
Japan Airlines (JAL) plans to codeshare with Iberia on Amsterdam-Madrid and Amsterdam-Barcelona routes from October. JAL and KLM co-operate on the Amsterdam-Spain routes, but this would end if the JAL/Iberia link is confirmed. Continental Airlines launched the first non-stop connection between Cleveland, USA, and London Gatwick, UK, on 1 July, ...
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Holding on
Mexico's aviation industry is battling regulations as well as competitors Roberto Mena/MEXICO CITY Despite significant advances in the past four years, Mexico's commercial aviation industry is struggling. Not only does it face intense competition from the onslaught of international carriers following deregulation, but government regulators seem determined to crush it. ...
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Aeroel enters the jet age with two 737s
Private Israeli airline Aeroel Airways is expanding operations with its first jet aircraft. The seven-year-old Tel Aviv- based carrier has purchased two Boeing 737-200Advs from El Al for a combined cost of $13 million. The first aircraft will enter service with Aeroel before the end of July, with the ...
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African Star licence continues, despite troubles
Hilka Birns/JOHANNESBURG South Africa's Department of Transport (DoT) is continuing to process the licence application of African Star, despite the start-up's chief executive facing charges of contravening the country's Customs & Excise Act. Investigators refuse to comment on the case, but sources say that the diversion of duty-free ...
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Germany's DFS eyes Euro ATC liberalisation and NATS tie-up
Andrew Doyle/LANGEN German air traffic services provider Deutsche Flugsicherung (DFS)is interested in forming a strategic alliance with the UK's National Air Traffic Services (NATS), as part of efforts to kick-start the rationalisation of Europe's fragmented air traffic control (ATC) infrastructure. "We think that, in the longer term, we ...
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Aeromexico and Mexicana join rival alliance groupings
Chris Jasper/LONDON Roberto Mena/MEXICO CITY Mexicana Airlines has become the tenth airline to sign with the Star Alliance, while the country's second major carrier, Aeromexico, is set to become a founder member of the Delta Air Lines/Air France global alliance, likely to be launched later this year. Mexicana will ...
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SAirGroup to buy stake in TAP rival Portugalia
TAP Air Portugal and regional rival Portugalia are set to work together for the first time after SAirGroup's deal to take a 42% stake in the latter from majority owner Grupo Espirito Santo. The Swiss company already has a deal to buy 20% of TAP from the Portuguese Government, although ...
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Austrian checks on alliance options after Franco-US deal
Andrew Doyle/MUNICH Austrian Airlines may ditch its Qualiflyer alliance partners in favour of a rival grouping - partly due to the recent Air France-Delta Air Lines tie-up and partly as a knock-on effect of an Austrian Government block on plans by Qualiflyer leader SAirGroup to increase its share in the ...