All Strategy news – Page 1036
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News
Marketplace
-SilkAir has taken delivery of its first International Aero Engines V2500-A5-powered Airbus A320. The regional division of Singapore Airlines is replacing its Boeing 737-300 fleet with four A320s and four A319s, and holds options on another 10 aircraft. -ING Lease International Equipment Management has sold and delivered an ex-Pan American ...
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Routes
-Alaska Airlines will suspend its once-weekly winter service to the Russian Far East on 8 October, because the recent circumstances with the Russian economy have made its operations uneconomical, says the airline. Alaska plans to provide connecting services to the region through its marketing partner, Reeve Aleutian Airways, when government ...
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Saudi Arabian studies 717 for regional services
Saudi Arabian Airlines is focusing attention on its short- haul regional requirements, with the Boeing 717 reportedly under serious consideration. The airline began a fleet renewal process late last year which will see 29 Boeing MD-90s, five Boeing 747-400s and 23 777-200s introduced through to 2001. The airline originally ...
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TEA eases into schedules as it prepares for identity change
Andrzej Jeziorski/MUNICH TEA Switzerland is to begin scheduled operations in November in the run up to its withdrawal from the charter market and a change of identity to become easyJet Switzerland. The change will also see the disposal of its Boeing 737-400, and the addition of four new 737-300s from ...
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Sun Air shareholders reject Comair merger
Hilka Birns/CAPE TOWN Shareholders at Sun Air have decided against a merger with rival South African carrier, Comair, which already owns 25% of the recently privatised state-owned airline. Sun Air's major shareholder, the Rethabile black empowerment group, says it is unwilling to relinquish its foothold in the airline ...
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Air Littoral set for development after SAir Group takes stake
Julian Moxon/PARISThe SAir Group has taken a 44% stake in French regional airline Air Littoral, giving it an entry into the south of France market and meeting the loss-making carrier's need for recapitalisation and development funding. The move came after speculation that another French independent, Britair, was in line to ...
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Boeing/Flight Safety head for training take-off
Boeing and FlightSafety International (FSI), parent companies of global airline-training joint venture FlightSafety Boeing (FSB) Training International, say phase one of the start-up initiative will be completed in January 1999. The milestone will be marked by the transition of the former FSI training centre at Kunming, China, to FSB ...
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Healthy future ?
The European regional airline industry has once again beaten all records, with this year's European Regions Airline Association (ERA) meeting in Hanover, Germany, reporting double digit growth in passenger traffic, re-equipment by carriers with new regional jet aircraft and reasonable profit margins. The health of the regionals is traceable ...
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PAL collapse causes new chaos
Paul Lewis/SINGAPORE The almost unprecedented demise of Philippine Airlines (PAL) has left the country's domestic carriers scrambling to find additional capacity to fill the void, while creditors and bargain hunters are beating a path to Manila to pick over the bones of the defunct flag carrier. The decision ...
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Focus falls on solo airlines after tie-ups
With British Airways and American Airlines having confirmed their move to counter the Star Alliance - with the five-airline "oneworld" alliance - attention is now turning to potential responses by major airlines which have not yet committed to one of the global blocks. The oneworld link, formally unveiled in ...
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EVA ditches plans for A340-500
Brent Hannon/TAIPEI EVA Airways has dropped plans to purchase 12 Airbus A340-500 and -600s after posting its first loss in over three years. The privately owned Taiwanese airline was among the launch customers for the new Rolls-Royce Trent 500-powered 313/380-seat A340 family, even though it never got beyond placing ...
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Kitty Hawk follows Fine Air and drops plans to buy Southern Air
Ramon Lopez/WASHINGTON DC Kitty Hawk has terminated negotiations to buy financially troubled Southern Air Transport (SAT), after the two companies failed to reach a final agreement. Neither airline would say what led to the decision to break off talks, which started soon after Miami, Florida-based Fine Air Services ...
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Italy rethinks airport proposals after Malpensa rejection
The Italian Government is revising its proposals ordering airlines to transfer from Milan Linate to Malpensa Airport after the European Commission (EC) had rejected the plan, calling it "discriminatory, disproportionate and therefore illegal". Despite the decision, Italian transport minister Claudio Burlando still insists that the airport will open as ...
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Two's Company
The announcement of the American Airlines/British Airways-led strategic alliance brings into sharp focus the long term destiny for the world's airlines. The move, which was announced on 21 September, creates a second major power to rival the Star Alliance, which until now has existed in splendid isolation. Working on ...
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AA/BA unveil 'world' alliance
Andrew Chuter/LONDON American Airlines and British Airways have finalised the first stage of their global expansion plans with an alliance that pulls the two carriers together with Cathay Pacific, Qantas and Canadian Airlines International. The group, which has been put together under the working title of "World Alliance", ...
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Russian airlines hit as financial crisis bites deep
Paul Duffy/MOSCOW Russia's civil aviation industry has begun to suffer serious losses, including bankruptcies and lease cancellations, as a result of the economic and political turmoil which has hit the country in the last month. Transaero is to return two of its three McDonnell Douglas DC-10-30s to lessor ...
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Aer Lingus seeks US suitor to beat off alliance threat
David Learmount/LONDON Aer Lingus is seeking a US airline partner prepared to inject equity into the Irish state-owned carrier. The Government intends to maintain a controlling interest in the airline. A study by the carrier into the strategic alliance plan has been approved by the minister for public ...
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Euroscot discusses franchise and return to jet operations
Euroscot Express is in advanced negotiations to launch franchise operations for a major European carrier next year, which would see the airline re-introduce jet operations from its Bournemouth base. The UK regional began operations a year ago serving Glasgow and Edinburgh with a BAC One-Eleven on wet lease from ...
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Air India privatisation process starts with equity plan
The Indian Government has started the process of privatising Air India with the announcement of a scheme which could see its holding reduced to around 40% as foreign airlines, institutional investors and staff are offered a share of the ailing national carrier. The government's Disinvestment Commission has recommended a ...
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Airbus confirms Emirates and ILFC A340 orders
Airbus Industrie has confirmed orders from two customers, Emirates and International Lease Finance (ILFC), for up to 26 A340-500/600s. The two deals have an estimated value of $3.8 billion, including options. ILFC's deal for 10 Rolls-Royce Trent 500-powered A340s includes five firm orders and five options, with deliveries scheduled ...