All Strategy news – Page 1048
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News
European growth
European passenger traffic growth in April returned to double figures after a brief slump to 6%in March, according to the Association of European Airlines (AEA). The AEA attributes the dip to "-the date of the Easter holiday distorting the monthly growth trend". This year's figures show a 10.7% increase on ...
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Asian crisis will cost 150 orders in next five years, says Boeing
Kevin O'Toole/LONDON The still unfolding economic crisis in Asia has had a big impact on Boeing's latest long-term aircraft forecasts, with predictions that the regional downturn will cost 150 aircraft orders over the next five years. Prospects for the launch of a high-capacity aircraft above the 747-400 have ...
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Routes
-Peru and the USA have signed an open skies agreement to phase out flight restrictions over a period of four years for passenger services and two years for all-cargo services. From mid-June, both countries can increase weekly passenger flights from 42 to 63 (based on narrowbody aircraft). -Japan Airlines (JAL) ...
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New SAA boss Andrews ready for 'tenacious' cost-cutting
Hilka Birns/CAPE TOWN South African Airways has appointed former World Airways chief executive Coleman Andrews to restore the ailing airline to health in time for its approaching privatisation. Andrews succeeds chief executive Mike Myburgh, whose early retirement had been expected. Myburgh's deputy, John Hare, has also been axed ...
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Engine pooling concept targets airline costs
Guy Norris/SAN DIEGO Shannon Engine Support (SES), an Irish-based company specialising in supporting the CFM International CFM56-3, is promoting a concept in which airlines will club together to create a pool of spare engines. The initiative has been prompted by estimates that the industry will have to spend $30 ...
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New Garuda boss plans to slash aircraft fleet
The Indonesian Government has appointed Robby Djohan, the new president of national carrier Garuda, as part of a shake-up of the financially stricken airline's board of directors, senior management and operations. Djohan is a relative newcomer to the airline industry, having previously headed Citibank Indonesia and Bank Negara. Observers ...
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Tour war hots up
UK tour operator First Choice, owner of Air 2000, has bought Unijet, owner of UK-based Leisure International Airlines, for £110 million ($179 million), while UK tour operator Thomas Cook has purchased Flying Colours for an undisclosed sum, believed to be around $50 million. Source: Flight International
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Reid leaves
Lufthansa president Frederick Reid has resigned to join Delta Air Lines as executive vice-president and chief marketing officer. Reid, who cited family reasons for returning to the USA, was appointed to head Lufthansa's passenger airline operations three years ago as chief operating officer, having joined the airline's US operation in ...
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Business Air ponders ERJ-145 acquisition
Business Air is examining the Embraer RJ-145 as an alternative to the Saab 2000, which it had been planning to introduce as part of its expansion under British Midland (BM) ownership. The Aberdeen, Scotland-based regional wants a 50-seater to operate alongside its Saab 340s, and was close to a ...
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Routes
-Iberia and Royal Air Maroc have signed a code-sharing agreement. -Swissair has added four new destinations to its route network, with the introduction of scheduled services from Zurich to Malabo (once weekly) and Skopje (four flights a week), as well as daily flights to Bologna and Venice in co-operation with ...
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Workshop
-Gulf Aircraft Maintenance (GAMCO) and Pratt & Whitney Eagle Services have signed a memorandum of understanding to "-further define business arrangements" to incorporate GAMCO into its global engine support operation. -Rotables management specialist Arinmar has signed a three-year agreement with British Aerospace RegionalAircraft to manage the repair and overhaul of ...
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Xian signs Y-7 deals with five Chinese domestic airlines
Xian Aircraft (XAC) has signed initial sales agreements with five domestic airlines for 11 Y-7-200A passenger aircraft, following recent Chinese airworthiness certification of the improved twin-turboprop development. China's Changan Airlines, Guizhou Airlines, Sichuan Airlines, Swan Airlines, and Zhongyuan Airlines have each signed letters of intent to take two to ...
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Thai puts aircraft deliveries on hold as financial woes bite
Paul Lewis/SINGAPORE Thai Airways International has been forced to place on hold the delivery of seven new Airbus and Boeing aircraft as it struggles to secure $700 million in financing. At the same time, the state-owned carrier has moved a step closer to partial privatisation with Thai Government approval for ...
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Star Alliance members join forces for spare parts pact
Air Canada, Lufthansa and United Airlines, three founder members of the Star Alliance, have joined forces to buy and sell aircraft materials in the secondary spare parts market. The new joint venture company, AirLiance Materials, is expected to start operations later this year. It has appointed David Sisson as ...
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EasyJet wins case against Air Alaska
EasyJet wins case against Air Alaska EasyJet has won a London High Court case against Dallas-based Air Alaska requiring the US company to pay the Luton, UK-based no-frills airline some $500,000, plus interest of $8,500. The dispute arose from an abortive deal late last year under which Air ...
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Fiji Airways prepares to launch as second international carrier
The Fijian Government has designated newly named Fiji Airways as the island nation's second international carrier, following approval by the local Trade and Investment Board for the planned Fijian-Singaporean joint venture start-up airline. According to Fiji chief operating officer Pravin Jumabhoy, the next steps are to amend Fiji's bilateral ...
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Workshop
AAR Aircraft Component Services, based in Amsterdam, has been awarded a five-year contract extension by Binter Canarias, Iberia's regional operator, for the repair of components for its nine ATR 72s. FLS Aerospace has secured a deal with Indian Airlines to conduct a C check on an A320. A further six ...
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Southern skirmish
Doug Birch/JOHANNESBURG Six years ago, South Africa deregulated its domestic airline network, allowing private carriers to challenge the long-standing monopoly of South African Airways (SAA) for the first time. The market is in the process of setting down after this upheaval, but it is clear that the new competition ...
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Safer skies
Kevin O'Toole/JOHANNESBURG Fears about air safety over Africa are not new, but a year ago the issue hit the headlines worldwide, following pilot complaints that air traffic control (ATC) was either inadequate or simply absent over much of the continent. An image painted by the media was one ...
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CAL pursues big fleet revamp
Paul Lewis/Singapore Brent Hannon/Taipei China Airlines (CAL) has issued airframe and engine manufacturers with a fresh request for proposals for up to 36 new widebody aircraft, while rival Taiwanese carrier EVA Airways has postponed its decision on a new fleet of ultra long haul passenger aircraft. CAL has ...