All Strategy news – Page 1031
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News
UK halts Air Atlanta leasing in parts maintenance inquiry
David Learmount/LONDON In a surprise move, the UK Civil Aviation Authority suspended operating permission for five days for UK airlines to lease aircraft from Air Atlanta Icelandic. The issue, says the CAA, was the manner in which Air Atlanta was using an out-of-service Boeing 747 to supply parts for ...
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BA closes on RB211 'hybrid' retrofit deal
Andrew Doyle/SEATTLE Max Kingsley-Jones/LONDON British Airways is finalising a deal with Rolls-Royce to upgrade the engines on half of its 50-strong fleet of RB211-powered Boeing 747-400s, as it finalises a plan to phase out the remainder of its "classic" 747 variants within the next four years. The proposed contract, which ...
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Japan Air Lines ramps up efficiency plan
Japan Air Lines plans to accelerate efficiency improvements across the airline including a reduction of up to 10 aircraft in its fleet acquisition planning. Measures in the new"strategic business plan" include: achievement of a 10% cost reduction is to be brought forward from March ...
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SAA secures bilaterals ahead of sell-off
Hilka Birns/CAPE TOWN South African Airways (SAA) has secured bilateral agreements with Swissair and Singapore Airlines (SIA) and has extended its alliance with Lufthansa as part of its streamlining process ahead of privatisation. The airline is also negotiating similar alliances in the Middle East, North America, South America ...
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ACI takes second stab at fee hike
US airports will launch another massive campaign - the second this year - to garner support for a $1 increase in the passenger facility charge (PFC). Smarting from the recent defeat of the PFC increase by an 11-8 vote in the Senate aviation subcommittee, directors of the Airports Council ...
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Deluge of troubles flood Peru
Peruvian aviation was never for the fainthearted, but its current turmoil is volatile even by Lima's standards. The chief executive of bankrupt local carrier Faucett Peru is the apparent victim of a behind-the-scenes power struggle even with his airline in receivership. A new law allowing foreign carriers to operate domestic ...
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FLEETS
Long commitment The world's fourth-largest regional airline, Comair, has signed a 10-year agreement with Bombardier to acquire 50 more CRJs, comprising 30 CRJ-200s and 20 CRJ-700s. The deal includes a further 115 options. Wayout west America West has taken delivery of two more Airbus A320s, ...
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ROUTES
Boston direct United Airlines is to open a direct service between Boston and London Heathrow from April 1999. Boston-London is the third-largest route to Europe. European expansion American Airlines is strengthening its European operation with the launch of services to Amsterdam and Frankfurt from Chicago ...
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Regional jets prompt runway campaigns
The regional jet phenomenon is prompting some small US airports to campaign for funds to extend their runways so that they do not find themselves left out in the cold. Managers at Salisbury-Wicomico County Regional Airport in Maryland are the latest to have grown nervous over their inability to ...
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End of the road for Southern
Having failed to find a rescuer, Southern Air Transport (SAT) ceased operations at the end of September. The US cargo carrier, which had operated for more than 50 years, was largely hampered by its fleet of Lockheed L-100 Hercules, which left it as an oddball in today's freighter market and ...
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FLEETS
Jet convenience Ansett regional operator Kendell Airlines is to acquire 12 new 50-seat regional jets to upgrade its network in Eastern Australia. The new aircraft will be introduced from November 1999, but no decision has been made between the Bombardier Canadair CRJ-200 and Embraer RJ-145 models. ...
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as sell-off row surfaces
India's mercurial foreign ownership rules are again causing controversy, with an apparent split between ministries over whether airline partners will be allowed to buy shares in either Air-India or Indian Airlines as they come up for privatisation. Civil aviation minister Ananth Kumar plans strict enforcement of the domestic aviation ...
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SAA gets competitive
South African Airways (SAA), now under its new chief executive Coleman Andrews, has laid out plans to give British Airways much stronger competition on the lucrative London routes and may be seeking closer ties with Virgin Atlantic to help achieve its goal. SAA recently poached Virgin's general manager for ...
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Sun Air seeks a listing
A second South African carrier, Sun Air, is planning to seek a listing on the Johannesburg stock exchange. Comair, which operates under a franchise agreement with British Airways, listed in July and Sun Air now plans to follow suit in around 2000. Managing director Johan Borstlap says that he ...
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Current outlook
There are still some glimmers despite the gloom, it seems. Although there is little doubt that the world is poised for downturn, the latest projections coming out for the airline industry, if not exactly buoyant, are at least cautiously optimistic. The new passenger forecasts from the International Air Transport ...
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Why slots maynot be enough
Airline competition authorities may be looking in the wrong direction with demands for slot surrender to tame the global alliances. As the champions of competition continue to do battle over transatlantic airline alliances, it may be worth taking time out to reflect on exactly what they hope to achieve and ...
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Air France faces domestic challenge
The going promises to get tough for Air France as European competitors take up positions in its home market, snapping up some key French regional carriers. In the latest deal, Swissair has stepped in to acquire a 44% stake in Air Littoral. The partnership now gives Swissair a ...
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Balkan and Malev face sale
The Bulgarian Government is on the verge of selling a controlling stake in its national carrier, Balkan Bulgarian. The buyer is a locally based consortium, calling itself Balkan Air, made up of management, local financiers and a US institutional investor. The original offer is understood to be a straight ...
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Mega-merger cooks up charter consolidation
Consolidation in the UK holiday market has created a third vertically integrated giant, with the announcement that Thomas Cook is to grow again through a merger with the Carlson Leisure Group. Thomas Cook, which has only just swallowed Sunworld and Flying Colours, will now emerge as a $40 billion travel ...