All Strategy news – Page 1018
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News
US carriers optimistic as market shows recovery
ChrisJasper/LONDON The USA's major carriers are suddenly more bullish about their financial prospects for the rest of the year following a modest improvement in overall market conditions and better than expected performance in the first quarter. Most of the country's big airlines expressed serious concerns about their likely fortunes ...
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JAL to concentrate on high-profit routes
Japan Airlines (JAL) is to transfer low-profit operations to its subsidiaries in an effort to cut costs under a new business plan running to 2001. JAL plans to rename Japan Air Charter and transform it into a scheduled carrier operating short-haul flights to mainland Asia, Hawaii and Oceania, while ...
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CFMI prepares for massive slowdown in engine orders
Guy Norris/CINCINNATI CFM International is predicting a significant slow-down in new orders for 1999 and 2000 , to levels possibly 50% below last year's intake. At the same time, the General Electric/Snecma joint venture is having to achieve record production levels to meet the demand from massive orders ...
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Gandalf targets Linate traffic with 328JET fleet
Italian new entrant Gandalf Airlines is to launch operations from Bergamo at the end of this month and will take delivery of four Fairchild Dornier 328JETs between September and December. Initial flights will be operated to Munich and Stuttgart in Germany, using two 328 turboprops dry-leased from the manufacturer, ...
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Troubled Olympic may defer 737-800 deliveries as new team arrives
Julian Moxon/PARIS Olympic Airways, struggling with financial and management problems, is considering deferring delivery of eight new Boeing 737-800s for up to a year. The Greek flag carrier, which remains 100% government-owned, says the decision on whether to delay delivery "must await the arrival of a new consulting team ...
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PIA turns to Cathay Pacific for 747-300 lease
Pakistan International Airlines (PIA) has signed a letter of intent with Hong Kong's Cathay Pacific Airways for the lease of five Boeing 747-300s as interim replacements from mid-April for the carrier's six 747-200Bs. PIA has long been planning a 747-200 replacement programme, examining the Boeing 747-400 and 777 and Airbus ...
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U-Land faces grounding over Taiwan airport fee payment
Brent Hannon/TAIPEI Taiwan's Civil Aeronautics Administration is expected to ground domestic carrier U-Land Airlines this month if it fails to pay the $760,000 it owes in airport fees. The CAA, which is also threatening helicopter operator Asia Pacific Airlines over an outstanding $35,000, has rescheduled U-Land's debt several ...
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Airlines move to fill Channel Islands vacuum
Herman de Wulf/BRUSSELS Aurigny Air Services and VLM are looking to capitalise on KLMuk's decision to reduce its Channel Islands operations, with new routes to the UK mainland and Continental Europe. Channel Islands-based Aurigny has applied to replace KLM uk on services between Guernsey and London Stansted from April. Jersey ...
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Lufthansa plans capacity rise despite decline in yields
Andrew Doyle/BERLIN Chris Jasper/LONDON Lufthansa is planning to buck the European trend and increase capacity by 13% with the introduction of its summer schedules, despite sharing industry concerns over declining yields. Other European - and US - majors have been saddled with excess capacity over the past 12 months ...
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Airline chiefs to be told likely causes of next accident
David Learmount/LONDON The UK's airline bosses are to be told by the Civil Aviation Authority (CAA) what is the most likely cause of their companies' next fatal accident. The unprecedented safety warning - to come at a meeting scheduled for 19 March - is aimed at ensuring the airlines ...
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BASE enters BA franchise deal
Dutch regional carrier BASE Airlines has linked with British Airways to operate franchise services from its base in Eindhoven. BASE becomes the tenth BA franchisee, and brings seven new routes to its European network. BASE provides links from Eindhoven and Rotterdam to Birmingham, Manchester, Zurich and London Gatwick. London ...
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Escape route
Reducing the number of cabin exits to accelerate emergency passenger evacuation sounds like a contradiction in terms. That is, however, what Airbus Industrie is arguing as it tries to persuade European and US regulators to change the certification rules which affect the exit layout for its stretched A340, the -600 ...
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News in Brief
Allied A340 deal AlliedSignal's 331-600 auxiliary power unit (APU) has been selected by Airbus for the A340-500 and -600 growth versions in a deal worth more than $1 billion over the expected life of the programme. The new APU is based on the 331-500 developed for the Boeing 777 ...
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USA approves Delta/China Southern codeshare
Andrzej Jeziorski/SINGAPORE The US Department of Transport (DoT) has approved codesharing between Delta Air Lines and China Southern Airlines covering transpacific and US domestic services. China Southern can add its code to Delta flights from Los Angeles to Atlanta, Boston, Chicago, Dallas/Ft Worth, Detroit, Honolulu, Las Vegas, Miami, ...
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Go chases offshore base plan
Max Kingsley-Jones/LONDON Go, the low-cost airline set up by British Airways last year, looks set to adopt the strategy of rival airlines such as easyJet and Virgin Express by establishing a string of "offshore" mini-hubs throughout Europe. Barbara Cassani, chief executive of the London Stansted-based airline, revealed the plans ...
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IATA outlines Y2K plans
Andrzej Jeziorski/SINGAPORE David Learmount/LONDON Fear of year 2000 (Y2K) "bugs" in air traffic services (ATS) computers is almost certain to cause flight delays and cancellations to varying degrees, the International Air Transport Association (IATA) has calculated. Plans revealed for Asia-Pacific assume the need to reduce the capacity of ...
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Marketplace
· FedEx has revised its wet-lease contract with Atlas Air covering the lease of two Boeing 747-400 freighters and one -200F. This has resulted in the latter being returned to Atlas and it is now placed with Ladeco. · Mesa Air Group has sold 16 of its ...
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Routes
· Air Jamaica is launching nonstop services between Montego Bay and London on 1 June, using an Airbus A340-300 which is due for delivery soon. · Samara Airport, Samara Airlines and Uzbekistan Khavo Yillury, the Uzbek flag carrier, have signed an agreement to market alternative air routes ...
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SAA chief receives death threat following corruption clean-up
Hilka Birns/CAPE TOWN Dave Birch/LONDON Efforts by South African Airways' recently appointed chief executive Coleman Andrews to wipe out corruption in the airline could lead to a violent backlash. Meanwhile, SAA has dismissed concerns that corruption within its maintenance division is affecting safety. Andrews and his cargo manager ...
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CHC takes 25% stake in Norway's HSG
Canada's CHC Helicopter has acquired a 25% stake in Norwegian operator Helicopter Services Group (HSG). Stavanger-based HSG is the parent company of North Sea operators Helikopter Service and Bond Helicopters, Australia's Lloyd Helicopter Service and South Africa's Court Air Holdings. It also owns stakes in Germany's Wiking Helikopter Services ...