All Strategy news – Page 1029
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News
Brymon places CRJ options to cover expansion
Max Kingsley-Jones/LONDON Brymon Airways is poised to undertake a major fleet expansion programme, and the carrier has plans to acquire Bombardier Dash 8-400s and Canadair Regional Jets (CRJs). The Plymouth, UK-based carrier, a wholly owned regional division of British Airways, operates its all turboprop fleet of 16 50-seat Bombardier Dash ...
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BWIA plans cash injection to expand fleet
Max Kingsley-Jones/LONDON BWIA International Airways will undertake a major fleet expansion programme in 1999, funded by a soon-to-be-unveiled initial public offering (IPO). The move follows the successful implication of a restructuring plan earlier this year by chief executive Conrad Aleong, as the airline prepares for the first profit in ...
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Delays continue for Europe's air traffic
Air traffic delays in European airspace during the summer were "among the worst on record",according to the Association of European Airlines (AEA). The figures, which reveal that 25.9% of intra-European flights were delayed by more than 15min, come despite traffic growth being 2% less than the predicted 7%. ...
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Gaza Airport prepares for launch operations
The new airport belonging to the Palestinian authority in the Gaza strip is about to open, with Royal Air Maroc set to be the first international airline to operate scheduled flights. The Israeli Government was expected to give approval for flights to begin as Flight International closed for press ...
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ILFC A318 deal adds to 717 woes
Max Kingsley-Jones/LONDON Guy Norris/LOS ANGELES Airbus Industrie has moved a step closer to the launch of its new 100-seat programme, with a commitment from International Lease Finance (ILFC) for up to 30 A318s. The deal has taken on more significance because it apparently signals a decision by the giant US ...
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Alitalia and KLM take step closer to global alliance
Julian Moxon/PARIS Alitalia and KLM will sign a "master co-operation" agreement by the end of this month, almost a year after signing their original memorandum of understanding on a wide ranging commercial alliance. The deal was conditional on the opening of Milan's new Malpensa airport hub, which is ...
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US DoT stalls alliance frequent-flier tie-up
The US Department of Transportation has blocked Northwest Airlines and Continental Airlines from merging their frequent-flier programmes until at least early December while it continues to review all provisions of a planned wider tie-up. Meanwhile, the USA's second-largest pilots' union has asked the Clinton Administration to block Northwest from ...
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Routes
-Air Mauritius has launched a weekly flight from Mauritius to the Mozambique capital Maputo with a Boeing 767-200ER. The same-day return leg flies via Harare, replacing the airline's non-stop flights between Mauritius and the Zimbabwean capital. Lagos is added to the African network on 3 December with two weekly 767 ...
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Pressure mounts for Uganda Airlines
Chris Yates/LONDON Doubts are rising over whether Uganda Airlines will survive to see its eventual planned privatisation. The airline, which operates a single leased Boeing 737-500, is being propped up by a government subsidy as it attempts to stave off creditors seeking payment for mounting unpaid debts. The situation has ...
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Airtours aims to extend Europe links
Corsair, the French charter airline, looks set to become the next European airline to join the fast-growing Airtours group as its parent company, Nouvelles Frontieres, may be taken over by the UK tour operator. Airtours and its UK rival Thomson, which runs Britannia Airways, have been progressively expanding throughout ...
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American races to Reno Air
Ramon Lopez/WASHINGTON DC American Airlines has acquired Reno Air in a deal worth $124 million. The acquisition is expected to be completed in the first quarter of 1999, after which the airlines will begin integrating the route networks and work forces. American, the second-largest airline in the USA, plans to ...
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Mandarin/Formosa set to merge in June
Andrzej Jeziorski/SINGAPORE Taiwan's China Airlines (CAL) has fixed a June target date for the merger of its two subsidiaries, Mandarin Airlines and Formosa Airlines. The move is intended to create a new domestic carrier, allowing CALto concentrate on international services. It has been under examination since mid-1998, following ...
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Litton flight tests gyro retrofit on Boeing 727
Litton Aero Products is flight testing its LTR-97 fibre optic gyro-based system on a Boeing 727-200 as a strap-down replacement for potentially thousands of aircraft equipped with older electro-mechanical, vertical and directional gyros. The market, estimated to be for around 5,000 systems, includes McDonnell Douglas DC-8s, DC-9s and MD-80s, ...
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Sticky problems tar Malpensa operations
The latest in a stream of mishaps and malfunctions to have plagued Milan Malpensa Airport since its 25 October "relaunch" as Milan's primary international airport is the melting of the newly laid surface of runway 1. Aircraft were disabled on 5 and 6 November when lumps of tar stuck to ...
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Routes
-Alitalia Cargo and KLM Cargo have started a joint freighter service. Using two KLM Boeing 747-300s and three Alitalia 747-200s, the airlines have a multihub arrangement based on Amsterdam Schiphol, Milan Malpensa and Rome Fiumicino. The agreement enables Alitalia Cargo to add Amsterdam, Dubai, Kuala Lumpur, Penang, Singapore and Tel ...
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Pension problems threaten to delay SAA sell-off
Lufthansa chairman and chief executive Jürgen Weber says that the privatisation of South African Airways (SAA) is unlikely to take place before next year. Lufthansa and Singapore Airlines (SIA) are seen as front runners to take a 20-35% stake in the South African flag carrier, which was expected to ...
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SAirGroup buys 49% of LTU and eyes full access to EU market
Andrew Doyle/DÜSSELDORF SAirGroup has finally completed its long-awaited acquisition of a 49.9% stake in German tour operator LTU as the latest step in its plans for a major expansion of its operations in the European leisure travel market. The deal comes as senior executives at the Swissair parent are expressing ...
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Common theme
Graham Warwick WASHINGTON DC Can airlines agree to buy a standard aircraft, in the hope of reducing costs, or will each continue to demand hundreds of custom changes that set its aircraft apart from any other carrier's? That is the question facing an airline task force which is to ...
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Cathay's effort to revive PAL earns approval from receiver
Andrzej Jeziorski/SINGAPORE A conditional offer by Cathay Pacific to invest up to $100 million in debt-ridden Philippine Airlines (PAL) has been accepted by PAL's interim rehabilitation receiver committee. The two airlines say they will jointly draft a "rehabilitation plan" for PAL, to be submitted to the Philippines Securities ...
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A330s head for Brazil after currency hiccup
Joe Sims/MIAMI TAM expects to take delivery of its first two Airbus A330s by the end of the month after a delay of over a month caused by a currency crisis in Brazil. The carrier, based in Sao Paulo, had been due to receive its first of five Pratt & ...