All Strategy news – Page 1019
-
News
News in Brief
Air Afrique plan The principal owners of Ivory Coast-based Air Afrique - 11 national governments, plus Air France - have agreed a partial privatisation plan for the carrier. A successor to former chairman Sir Harry Tirvengadum awaits appointment. The plan would see state involvement in Air Afrique cut from ...
-
News
Alleged rule bending stymies BA plans to start Italian airline
Chris Jasper/LONDON Paul Phelan/CAIRNS Secret British Airways plans to establish a franchised airline in Italy have been hit by allegations that Australian regional carrier National Jet Systems (NJS), which had aimed to launch the service, has been trying to circumvent European regulations to gain an air operators certificate ...
-
News
On the offensive
Guy Norris/LONG BEACH Boeing's campaign to secure the future of the 717 is going into overdrive Boeing's efforts to establish the 717-200 in the marketplace were boosted on 24 February with the first flight of the premier production example, P-1, at its Long Beach division in California. Even ...
-
News
ANA to launch restructuring programme
All Nippon Airways (ANA) has announced a radical three-year corporate restructuring plan, following the suspension of dividend payments to its shareholders for the first time in 30 years. The plan includes the consolidation of high-revenue international routes from Tokyo Narita and the suspension or reduction of services on non-profitable ...
-
News
Arab carriers move to cut London costs
A consortium of Arab airlines expects to save about $5 million a year in handling costs at London airports because of a deal between the Arab Air Carriers Organisation (ACCO) and Air France Servisair (AFSL). The deal allows member airlines serving Heathrow and Gatwick to sign up with the ...
-
News
Airbus focuses A3XX efforts on alliance groups
Andrew Doyle/MUNICH Airbus Industrie predicts that the world's four main airline alliance groupings will absorb almost three quarters of all A3XX-sized aircraft delivered by 2020, with most going to just two - oneworld and Star Alliance. Moves by the major alliances to combine their networks and improve asset ...
-
News
Iberia will scrap Aviaco brand when pilots agree to merger
Max Kingsley-Jones/MADRID Iberia is planning to absorb its Aviaco domestic subsidiary at the earliest opportunity, but will not take any action until pilots at the two airlines resolve union issues. Details of the move emerged as the Spanish flag carrier revealed a 117.5% increase in net profit last ...
-
News
Mergers
* Lufthansa subsidiary GlobeGround has agreed to buy US-based Hudson General in a move that should end a take-over battle for the airport services provider. The GlobeGround offer tops earlier bids from Ranger Aerospace, Ogden and a group of Hudson managers. GlobeGround - which already owns 49% of Hudson affiliate ...
-
News
Embraer wins order for a LOT of ERJ-145s
LOT Polish Airlines is to acquire up to 12 Embraer ERJ-145 regional jets as part of a major restructuring plan which is aimed at reversing three consecutive years of losses. The carrier will use its new fleet of 50-seaters, replacing Boeing 737s, to boost frequencies on low-density routes to ...
-
News
Marketplace
*Sabena has contracted to lease a three-year-old ex-Malaysia Airlines, Pratt & Whitney PW4000-powered Airbus A330-300 in April on a six-year-lease from International Lease Finance (ILFC). Sabena operates three General Electric CF6-powered A330-300s on lease from Airbus, and will also add three new PW4000-powered A330-200s from ILFC from August. *The ...
-
News
Routes
* From 31March, KLM uk will withdraw all operations from Guernsey in the Channel Islands, including services to Southampton, London Stansted and Amsterdam. * British Airways' low-cost division Go is to expanding its services to south-west Europe, with new services from London Stansted to Faro and Malaga from the ...
-
News
America West pulls put of UAL talks
America West has pulled out of talks with potential buyers, including United Airlines (UAL), complaining that the "expressions of interest" received were "highly conditional". Chairman Bill Franke says America West will continue to go it alone as the USA's ninth largest airline, adding that he is confident that the ...
-
News
Majors play the mating game
US carriers are again testing the water with a series of new acquisition proposals. Perhaps it has something to do with the season, but it is almost exactly a year since they last indulged in a frenzy of mating activity and the US majors are at it again. Only this ...
-
News
Swissair/Delta could win SAA deal
Lufthansa, long considered the front runner in the race for a 30% stake in South African Airways (SAA), now appears to be facing a determined combined challenge from Swissair/Delta Air Lines. The German carrier launched an aggressive public relations exercise weeks ago announcing that, if successful, it would ...
-
News
Foreign ownership debate heats up
The debate in the USA over foreign ownership and control of airlines has come under a spotlight early in 1999 with airline and government officials discussing how a relaxation of the rules may occur. US Secretary of Transportation Rodney Slater stirred the controversy last year when he said the ...
-
News
Europe's BIG 3
Lufthansa, Air France and Swissair have built their repair and overhaul facilities into some of the most competitive in the world, but profit margins remain slim. Europe cannot claim to be a world leader in many sectors, but when it comes to commercial aircraft and engine maintenance, it is ...
-
News
Beijing tightens its belt
The Civil Aviation Administration of China (CAAC) may have escaped Beijing's directive that requires other agencies to divest their interests in the industries that they regulate, but aviation is not entirely unscathed by the latest belt tightening aimed at boosting China's weak economy and currency. Heading the list ...
-
News
Sir Harry cites bad health as he resigns from Air Afrique
Sir Harry Tirvengadum has resigned as chairman of Cote d'Ivoire-based Air Afrique, citing health reasons, but amid claims that political pressure was brought to bear. Tirvengadum asked to be released from his contract as chairman of the troubled multinational carrier on 29 January, after just two years in ...
-
News
Back to the future for Olympic
The encouraging noises that emanated from the management of Olympic Airways little more than 10 weeks ago have again faded as the the Greek carrier lost another managing director. The official line is that Theodore Tsakiridis resigned, but the speed of his departure bore the hallmarks of the political manoeuvring ...
-
News
News in Brief
EasyJet seeks listing - UK low-cost carrier easyJet has announced that it intends to seek a listing on the London stock exchange and the US Nasdaq market early next year, to finance the purchase of the new aircraft it has on order. A spokesman also said that easyJet would drop ...