All Strategy news – Page 1049
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Airline group slams EU satellite plans
The Association of European Airlines (AEA) has reacted angrily to European Union (EU)plans to push ahead with the European Geostationary Navigation Overlay System (EGNOS) despite vocal airline opposition on the grounds of the probable high user costs. In an angry letter dated 22 May, AEA president and Lufthansa chairman ...
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Euralair signs up for Boeing 737-800s
Euralair is to boost its Boeing 737 fleet with the introduction of Next Generation 737-800s from later this year. The French charter airline, based at Paris Le Bourget Airport, has concluded a deal with an unnamed US leasing company for two Boeing 737-800s, for delivery in December 1998 and ...
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Routes
-Kenya Airways has signed a code-sharing deal with Alitalia on its twice-weekly Rome-Nairobi route, strengthening its ties with the KLM/Northwest alliance which now includes the Italian flag carrier. -The US Transportation Department has approved a codeshare alliance between American Airlines and the TACA Group of six Central American airlines, which ...
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Fairchild Dornier outlines financing plans for 728JET
Graham Warwick/WASHINGTON DC Fairchild Dornier says "up to $350 million" of the $850 million required to develop its 728Jet 70-seat regional jet "-is already on the table" from potential risk sharing partners and equipment suppliers. President Jim Robinson says risk-sharing suppliers of the wing, fuselage and empennage would ...
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Air France pilots unions use the World Cup as a political football
Julian Moxon/PARIS French pilots' unions are using football's World Cup contest to threaten a series of strikes against Air France, the official carrier for the event. Recent meetings with president Jean-Cyril Spinetta have failed to resolve the management demand for salary cuts of up to 15% in exchange for a ...
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FLS retreats from Team Aer Lingus plans after workers rejection
Kevin O'Toole/LONDON FLS Aerospace has shelved its acquisition talks with Team Aer Lingus, after workers at the Irish aircraft maintenance unit voted against a deal. The Danish group says that it is prepared to revive the bid, if workers have a change of heart, and will meanwhile continue to ...
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American to bed US rival
Karen Walker Caution is the key word in the American Airlines and US Airways alliance proposal, but some wonder whether early tiptoeing might lead to a full merger further down the road. The two airlines describe their marketing alliance as 'broad and innovative', but provide few other details. By ...
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Alitalia has private plans
Tom Gill Alitalia's privatisation is well underway but the flag carrier still has to resolve escalating rows at Milan/Malpensa. In mid-May, state holding company IRI was due to sell 27.6 million ordinary shares, equivalent to 18 per cent of equity, to investors for L900 billion (US$512 million). The carrier ...
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Hold your horses!
Jackie Gallacher Close your eyes. Now open them. Like magic the alliance picture has changed again. In fact the speed of airline alliance courtships in 1997-8 is beginning to make pinning down an accurate image of the major groupings a bit like trying to capture fairy dust. Has the ...
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United trusts US alliances
Karen Walker It was almost a throwaway comment, but it was deliberately aimed. Gerald Greenwald, United Airlines' chairman, says that for two airlines to approach corporations jointly about discount deals, they would need antitrust immunity. The statement, made during a question and answer period after the announcement of the ...
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Boeing feels the pressure
Karen Walker With Boeing's troubles piling up, Airbus threats to become market share leader are no longer the war cries of the underdog. This year, Airbus is likely to take at least 50 per cent of the world market. As Boeing announces another depressing set of results - first ...
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East joins west skies
Peter Bennett The European Commission is set to begin talks with 10 nations from central and eastern Europe in a bid to conclude a comprehensive air transport agreement with the region. The agreement is likely to include cabotage rights for east European airlines, airline ownership rights and a full ...
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China seeks foreign cash
David Knibb Zhu Rongji may be starting cautiously as China's new premier, but his pro-market plans are clearly visible in recent aviation initiatives. Beijing is cutting its own spending as the Civil Aviation Administration of China considers whether to allow more foreign capital in airlines and how to attract ...
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Bob bows out to Carty
Karen Walker For a leader originally set against airline deregulation and then dismissive of strategic alliances, Robert Crandall's frequent description as industry innovator has been earned in a peculiar way. But Crandall's handing over the helm of American Airlines to Donald Carty should ensure that the Crandall legacy continues, ...
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Delta ties knot at last
Karen Walker To the relief of its new chief executive officer, Delta Air Lines has joined the US matchmaking game. But the planned strategic alliance with United Airlines has union and governmental hurdles ahead. The two airlines confirmed their alliance plans on 30 April. The pair say they will ...
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Taca lays into US open skies deals
Karen Walker Pop! That's the sound of Central American carriers reacting to the open skies agreements they were applauding just a few months ago, but which they now regard as black clouds that have opened the floodgates to US competition and left local airlines with little shelter. The bubble ...
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Who's ready for a cosy threesome?
And then there were three. If things work out as planned - and that's a big 'if' - over 80 per cent of the US airline industry will be in the hands of three alliance groups. Globally, the situation is less clear-cut, but the industry is moving in the same ...
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Will sun rise in Japan?
David Knibb After a bad year for all three major Japanese airlines, the debate is now whether their woes are temporary or due to deeper, more fundamental problems. Japan Airlines claims to have resolved its problems and cleaned up its balance sheet by taking a US$1.2 billion write down. ...
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Oz to rescue Air Niugini?
David Knibb While Papua New Guinea's government ponders whether to accept Qantas Airways' offer to take over management of Air Niugini, the ailing PNGcarrier is slashing international services in an effort to stem its losses. PNG's prime minister Bill Skate has asked Qantas to manage government-owned Air Niugini and ...
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Peru opens skies first
Peru has leapfrogged past Chile in its open skies negotiations and agreed to a deal that phases in liberalisation over four years. The open skies agreement was initialled on 9 May but not made public by presstime. The deal follows the pattern of recent treaties signed with Japan and ...