All Strategy news – Page 1035
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Russia crisis hits home
A contraction in the Russian airline industry is now almost inevitable, after nearly a month of financial uncertainty left the rouble heavily devalued from its level of mid-August. The devaluation will almost certainly lead to a general economic downturn in Russia with passenger numbers and cargo traffic both dropping off ...
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Swiss face testing times
Swissair certainly has its plate full. While the carrier is making forays into neighbouring Italy competition from lower cost operators is growing at home. After a string of false starts, Swiss World Airways (SWA) has got off the ground at Geneva, following Swissair's decision 16 months ago to move ...
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Braathens raises Swedish stakes
The battle for dominance in Scandinavian skies has taken another twist, with Norway's Braathens taking over Swedish regional Malmo Aviation. The SKr600 million ($74 million) acquisition is the latest in a series of aggressive manoeuvres, redrawing the aviation map of Scandinavia. Braathens has already taken over Transwede (now Braathens Sweden), ...
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West beats Asia retreat
As western carriers continue their retreat from Asia, the region's airlines are starting to fill in some of the gaps. This capacity redeployment by the foreign majors has given Asian alliances a welcome boost. New schedules effective 25 October show a continuing shift of non-Asian capacity out of the ...
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Bank bailout clouds Cintra
The Mexican Government's hopes of selling its stake in Cintra, the holding company for Aeromexico and Mexicana, are snagged in a $62 billion bank bailout dispute that has become a hot political issue. The dispute centres on whether the government should own Cintra shares. When the government became a ...
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Pilots kill Delta pact with United
Delta Air Lines and United Airlines have scaled back plans for a virtual merger after the withdrawal of support from Delta's pilots. The failure of this, the largest of the proposed US domestic mergers, raises doubts over the extent to which the other US carriers will pursue alliance plans. ...
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Hercules ends Fine merger
Fine Air and Southern Air Transport have scrubbed merger plans after failing to agree what to do with Southern's Lockheed L-1011 Hercules. The two US second-tier cargo carriers will go their separate ways, even though Miami-based Fine wants to expand its Latin American and Caribbean network. Fine was interested ...
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The price of peace
Airbus and Boeing kicked off the Farnborough air show with modest price rises, giving the first signs of a truce in the cut-throat battle for market share After years of undignified acrimony it seems that the feuding could finally be over. As the aerospace world gathered for the Farnborough air ...
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Mesa Group eyes CCAir
Mesa Air Group plans to purchase CCAir, the independent carrier that provides service as US Airways Express in the south-east USA. The acquisition is being touted by Mesa management as an "excellent fit" and is seen as part of the regional carrier's struggle back to stability after a difficult year. ...
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playing the Smartcard
A revolution is underway in the world of smart card and tag technology, which airports and airlines are only just beginning to exploit. Dr Peter Harrop argues for the gains to be made As the air transport industry makes its way towards the new millenium, it continues to wrestle with ...
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flexing Muscles
When airline executives dreamed up alliances, some might have imagined that regulatorary approval would be a tough nut to crack, but did they sufficiently weigh up the labour factor? Union cooperation in the formation and development of airline alliances is proving to be crucial. Already, cross-alliance union groups are emerging ...
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SELLING the BRAND
Following the lead of supermarkets and chain stores, major airlines are contemplating the offer of financial market products such as insurance policies and loans. So British Airways is going to offer its customers financial services too . . . When the company announced its intention in March, it joined ...
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Alliances: the next $tep
Can airline alliances take the next step and act like a single commercial business? Frank Berardino and Chris Frankel chart a possible route. Last month, in a report entitled "Keeping the score", USaviation consultancy GRAlaid out the first phase in a strategy for maximising the profits and benefits from an ...
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Lifting the 7th veil
Could the current jitters over alliance plans persuade more airlines to explore fifth and seventh freedom opportunities? British Airways and Qantas use fifth and seventh freedom rights out of Singapore. Fashion is rarely about comfort - ask any model teetering down the catwalk. The same could be said ...
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Hub wars
The big five US interior airports are fighting it out to become the top international gateway in the heart of North America. Patterns of international air service to and from the US are changing. A cluster of airports tucked well inside the continental US are starting to win significant ...
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Not United
United Airlines veteran James Goodwin has been named president and chief operating officer of parent company UAL, replacing John Edwardson, who has resigned. Goodwin was previously senior vice-president, North America. Edwardson resigned after unions made it clear they would oppose his appointment as chief executive. Edwardson was favoured to replace ...
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EC will gain a limited mandate for US open skies negotiations
Alan George/BRUSSELS European transport ministers meeting in Luxembourg on 1 October are expected to agree a limited mandate for the European Commission (EC) to negotiate air services agreements with the USA and other states on behalf of European Union (EU) members. The decision should help defuse a potentially ...
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Low cost maintenance
FLS Aerospace has secured its second big low-cost airline maintenance contract this year with a deal to support UK carrier easyJet. In April the London Stansted-based maintenance company won a similar contract with British Airways low-cost carrier Go covering total support, from line maintenance through to heavy maintenance checks. Monarch ...
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Iberia to double A340 fleet
Max Kingsley Jones/LONDONIberia is planning to boost its Airbus A340 fleet to almost 20 aircraft, with a deal for up to 11 additional examples of the four-engined long-range airliner. Xabier de Irala, president of Iberia, has signed a memorandum of understanding for six firm orders, plus five options. The airline ...
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JAL plans cost cuts in bid to curb losses
Japan Airlines (JAL) is to step up cost cutting efforts in a bid to improve a financial performance which saw group losses reach ´94.2 billion ($710 million) in the year to the end of March. The group is adding further measures to reduce costs by 10% - a ´100 ...