All Strategy news – Page 1003

  • News

    CityBird threatens Sabena

    1999-07-14T00:00:00Z

    The dispute between Belgian independent CityBird and its shareholder Sabena has reached a new low, with CityBird planning to file a complaint with the European Commission against what it says is unfair competition. The move follows a row between the carriers over whether CityBird should have notified Sabena about plans ...

  • News

    GE90 secures exclusive position on 777X

    1999-07-14T00:00:00Z

    Guy Norris/LOS ANGELES Paul Lewis/WASHINGTON DC Boeing plans to begin offering the ultra-long-range 777-200X/300X to airlines by the end of the year, following its selection of General Electric as exclusive engine supplier to the programme. The agreement with GE is for the life of the programme and comes ...

  • News

    Pratt & Whitney courts Airbus for A340 variant engine

    1999-07-14T00:00:00Z

    Pratt & Whitney is in discussion with Airbus Industrie to offer the PW8160 geared fan engine on the A340-500/600 as early as 2003, in a direct challenge to Rolls-Royce's sole position on the aircraft and Boeing's selection of General Electric as its exclusive 777X engine supplier. R-R and P&W ...

  • News

    Malpensa row simmers on as airlines prepare fresh protests

    1999-07-14T00:00:00Z

    Andy Nativi/GENOA The European Commission (EC) is renewing its interest in Italian moves to switch airline operations from Milan Linate Airport to the expanded airport at Malpensa, just as user airlines, led by Lufthansa, prepare to raise new objections to the plans. The airlines, which include British Airways ...

  • News

    Marketplace

    1999-07-14T00:00:00Z

    Air Nostrum has bought three Fokker 50s off lease from Kenya Airways. The Spanish regional carrier has operated the aircraft on lease from Kenya for a year. Premiair has signed operating leases for three new Airbus A330-300s for delivery next summer. The Rolls-Royce Trent 772B-powered aircraft will be operated ...

  • News

    SAirGroup warns Switzerland on proposed noise penalties

    1999-07-14T00:00:00Z

    Andrew Doyle/MUNICH SAirGroup is warning that Swiss Government plans to increase aircraft noise penalties around Zurich and Geneva airports threaten its ability to compete effectively internationally. The government is proposing that the two airports be forced to pay up to SFr1 billion ($658 million) over five years to ...

  • News

    Winair folds

    1999-07-14T00:00:00Z

    US carrier Winair has folded after eight months of operation as a low-cost carrier. The Salt Lake City-based airline, which had its hub at Long Beach, California, shut down last week having lost $15 million. Winair was launched as a charter carrier but switched to cut-price scheduled flights in November. ...

  • News

    Estonian revival

    1999-07-07T00:00:00Z

    Western philosophies are about to pay dividends for Estonian Air, which is on the verge of its first operating profit Andrew Chuter/TALLINN Looks are deceiving, I hoped, as the taxi approached the dowdy Soviet-style offices of Estonian Air at Tallinn Airport. I had come to the Estonian capital to report ...

  • News

    Fit to survive

    1999-07-07T00:00:00Z

    LanChile is determined to flourish in the an unpredictable economic climate that has already claimed two airlines David Learmount/SANTIAGO DE CHILE Latin American airlines are punch drunk. They have been successively hit by precarious home economies, a diving Brazilian currency, the Asia-Pacific economic crisis and a wave of ...

  • News

    SITA members say yes to IT separation

    1999-07-07T00:00:00Z

    SITA members have approved plans to form its information technology businesses into a separate company, raising the prospect of substantial windfalls for airlines when the new entity goes on the stock market. The move has been prompted partly by SITA's success in creating Equant, which provides data services to ...

  • News

    Eurowings aims to finance new regional aircraft with flotation

    1999-07-07T00:00:00Z

    Andrew Doyle/NUREMBERG Eurowings is reining in capacity to bolster its bottom line ahead of an initial public offering (IPO),aimed at helping finance a $1 billion fleet renewal. The carrier could order up to 40 new regional jets before the end of the year. Dortmund-based Eurowings is to replace most of ...

  • News

    Start-ups look to profit from AeroPeru gap

    1999-07-07T00:00:00Z

    Two foreign-backed Peruvian start-up airlines are preparing to fill the domestic and international void left by AeroPeru, as time runs out to rescue the bankrupt national carrier. Chilean-backed LanPeru aimed to start scheduled services on 5 July and will be joined shortly by Central American-supported TransAm. The carriers have ...

  • News

    Routes

    1999-07-07T00:00:00Z

    Yugoslavia's JAT resumed some international flights from Belgrade on 25 June. All flights had been suspended since 24 March, when NATO bombing of the country started. By 9 July, JAT expects to be flying to Cyprus, the Czech Republic, Tunisia and China, the airline says. Most of Europe may remain ...

  • News

    US firm develops Jetstream cargo conversion

    1999-07-07T00:00:00Z

    US cargo specialist Murray Aviation is carrying out the first cargo conversion of a British Aerospace Jetstream 31 (J31), and is aiming to secure a supplemental type certificate early next year. The Detroit-based company has bought a 13-year-old ex-US Airways Express J31, which is undergoing conversion at its base. ...

  • News

    Airports

    1999-07-07T00:00:00Z

    Little Cayman Island in the Caribbean will be able to take larger aircraft from next year after the completion of a new 1,220m (4,000ft) runway. The Cayman Ministry of Transportation recently approved the development and expects to pick a contractor in time for work to begin late this year, to ...

  • News

    Beijing may force merger of Air China and China Southern

    1999-07-07T00:00:00Z

    Andrzej Jeziorski/SINGAPORE The Chinese Government is considering a forced merger between flag carrier Air China and China Southern Airlines, the country's biggest airline. Industry sources in Beijing, Hong Kong and Shanghai say such a proposal is under study, but that many obstacles - including the airlines' own reluctance - ...

  • News

    Israelis take stake in Balkan Bulgarian

    1999-07-07T00:00:00Z

    Knafaim-Arkia, holding company of privately owned Arkia Israeli Airlines, and the Zeevi investment group have together taken a 75% stake in Balkan Bulgarian Airlines for a bargain price of $150,000 - but have also agreed to invest $100 million in restructuring the airline over the next 10 years. Knafaim-Arkia ...

  • News

    Aeroflot continues down recovery road with profit

    1999-07-07T00:00:00Z

    Paul Duffy/MOSCOW Aeroflot Russian International Airlines says it is recovering from the consequences of last year's economic slide and continues to pay off its debts, including $170 million a year in lease fees on 25 Western airliners. Chief executive Valery Okulov admits that the airline was in danger of ...

  • News

    FLSA plans strategic US buy

    1999-07-07T00:00:00Z

    Chris Jasper/DUBLIN Maintenance specialist FLS Aerospace (FLSA) plans a US purchase by the end of this year as part of a strategy that could see it rival Aviation Sales as the world's largest third-party-only aircraft overhaul provider. The Copenhagen-based company, a division of diversified Danish conglomerate FLS Industries, says ...

  • News

    UPS buys cargo carrier in drive for Latin America

    1999-07-07T00:00:00Z

    United Parcel Service (UPS) aims to improve its position in the Latin American market with the purchase of Challenge Air Cargo (CAC), a freight-only carrier flying to 17 cities in that region from Miami and Dallas. CAC founder and president Bill Spohrer says the deal includes the acquisition of ...