All Strategy news – Page 1014
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News
Mergers
Pan Am parent Guilford Transportation Industries is planning to buy ailing Nations Air. The purchase could hasten Pan Am's shift to scheduled operations - a move that might also be aided by the US FAA's decision to suspend, rather than revoke, the air operator's certificate of Kiwi International Airlines, in ...
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SAA bidding war hots up, but privatisation schedule slips
Doug Birch/LONDON South Africa has missed the latest deadline for the publication of a list of bidders for a stake in South African Airways (SAA). Sources close to the privatisation suggest frontrunner Lufthansa faces a serious challenge from other bidders. The South African Government was due to issue ...
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Creditors threaten Philippines over rescue plan
The spectre of fleet repossession is once again looming over Philippine Airlines (PAL), with the carrier's leading creditors warning that proposed changes to its rehabilitation plan are "not acceptable". Those changes stem from the assumption of direct management control over the airline by its former chief executive Lucio Tan. ...
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Alliances force pace on safety
David Learmount/SANTIAGO DE CHILE Airline alliances are on course to form professional standards councils to ensure that their less safe members meet acceptable performance levels. Prof Graham Hunt, head of the School of Aviation at Massey University, New Zealand, gave the news to delegates at the International Civil Aviation Organisation's ...
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Fairchild talks continue as ATR revises Airjet
Andrew Doyle/MUNICH Fairchild Aerospace and ATR partners Aerospatiale and Alenia have failed to resolve the main obstacles to their possible collaboration on a family of regional jets. Talks continue in an effort to find a compromise. While differences remain over the location of final assembly lines, engines and ...
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British Midland weighs up 717 but pushes for shrink option
Chris Jasper/LONDON British Midland (BM) has emerged as a potential first European airline customer for the Boeing 717 twinjet. Chairman Sir Michael Bishop suggests the carrier might opt for the aircraft if Boeing can be persuaded to develop it as a family, including a smaller shrink model. The ...
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UK/US bilateral deal not such a 'big bang'
Chris Jasper/LONDON UK transport secretary John Prescott will meet his US counterpart, Rodney Slater, this week for talks which, according to government sources, will move the two countries further along the path to a new bilateral air services agreement. Prescott was due to meet Slater during a visit to ...
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Spring clean
There is no point in an airline carrying out a safety audit unless its employees, from chief executive to check-in clerk, are prepared to hear the truth, to recognise it as the truth, and then implement the findings. That may not be easy. Implementation may demand a total change ...
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Airbus readies for A318 launch
Paul Lewis/WASHINGTON DCAirbus Industrie is on the verge of finally launching the A318 twinjet. At the same time the European consortium has signed Egyptair as a launch customer while engine supplier Pratt & Whitney is pursuing a trade-in deal with Air China to exchange old Boeing 747s for A318 orders. ...
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United polar route launch awaits Russian go-ahead
Paul Lewis/WASHINGTON DC United Airlines hopes to be the first international carrier to launch a non-stop scheduled commercial service between New Delhi and Chicago, via central Russia and the Polar region. The service will start from late October, provided that Moscow gives it the go-ahead. The North American carrier ...
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Creditors oppose Philippine Airlines rescue plan
Andrzej Jeziorski/SINGAPORE Philippine Airlines' (PAL) critical rehabilitation plan, aimed at saving the troubled carrier from collapse, is meeting with opposition from its unsecured creditors. The plan must be approved by the Philippine Securities and Exchange Commission (SEC) by 15 April, but Chase Manhattan International Finance has urged the body ...
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ANA Austrian stake
Austrian investors Bank Austria and SKWB Schoellerbank have acquired the 9% stake in Austrian Airlines previously held by All Nippon Airways (ANA), taking their stakes to ASch160 million ($12.5 million) and ASch74 million, respectively. Following the deal, the pair now have a 21.2% share in the flag carrier, with Austrian ...
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Protests swell over 'too high' Hong Kong Airport landing fees
Andrzej Jeziorski/SINGAPORE British Airways and DHL have added their voices to a rising chorus of disapproval over landing charges at the new Hong Kong International Airport at Chek Lap Kok. According to Hong Kong-based Cathay Pacific Airways, the 60-plus airlines which operate into Chek Lap Kok are lobbying ...
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Sting in the tail
After years of economic woes, at least one of Brazil's airlines could disappear by the end of the year. For the survivors, however, long term prospects look brighter Brian Homewood/RIO DE JANEIROBrazilian airlines have survived major financial troubles over the past 15 years, but officials and analysts fear that ...
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Trainers' market
Demand for training is fuelling growth among independent simulator centres Graham Warwick/WASHINGTON DC Training is a competency close to the core of most airlines, an expensive necessity that is not willingly outsourced. But increasingly the tools of pilot training - commercial flight simulators - are becoming commodities to which ...
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Airbus offers model mix to El Al
Arie Egozi/TEL AVIV Airbus is offering El Al up to 10 A330/A340s as the Israeli national carrier finalises its long-haul fleet renewal plans. A Boeing offer of various widebody twinjets is also being studied, and the airline expects to finalise its selection within the next two months. The Airbus ...
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Air Foyle consortium takes controlling stake in CityJet
Chris Jasper/LONDON A consortium led by UK cargo carrier Air Foyle has purchased a controlling stake in Irish independent airline CityJet for a sum in excess of Ir£5 million ($6.8 million). Sources close to the deal say that it should stabilise Dublin-based CityJet and allow it develop its ...
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Air Namibia to slash workforce
Air Namibia plans to lay off between 100 and 150 employees - up to 30% of its workforce - by the end of this month as part of a restructuring plan that will cost up to N$10 million ($1.6 million), but which should ultimately reverse the downward trend in its ...
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Ansett Australia ponders fleet rationalisation
Paul Phelan/CAIRNS Ansett Australia is aiming to define its fleet development plan by the end of this year. It will decide on a new widebody type to serve domestic trunk and Asian routes and on the rationalisation of the carrier's domestic narrowbody fleet. Executive chairman Rod Eddington says: ...
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SIA and Lufthansa Cargo start anew
Singapore Airlines (SIA) and Lufthansa Cargo have launched a joint cargo express programme, broadening each other's route networks from 1 April. The airlines have signed an interline agreement, giving each other's aircraft priority handling at their respective hubs. SIA will be able to ship freight to 15 new destinations in ...