All Strategy news – Page 1053

  • News

    Delta's quick fix?

    1998-05-01T00:00:00Z

    Delta Air Lines' new chief executive Leo Mullin is getting to grips with the idiosyncrasies of the airline industry and rapidly addressing issues like service and low staff morale. But his options on the alliances front look limited. Karen Walker reports. 'This is a very strange industry,' remarked Delta ...

  • News

    Majors face test in Washington

    1998-05-01T00:00:00Z

    Just as Washington is focusing on airlines, the carriers plan further concentration. The world of aviation is full of ironies. The competitive structure of the US airline industry is under closer political scrutiny than ever, with Senate hearings, a Department of Transportation policy statement on anti-competitive behaviour, and rumblings from ...

  • News

    Asian storm hits Garuda

    1998-05-01T00:00:00Z

    The Asian economic slump is reinforcing industry opinion that the outlook for Indonesian carrier Garuda is bleak. Aviation analyst Nora Chang of HSBC James Capel echoes the general industry view when she rates Garuda's survival chances as 'poor'. But the Indonesian carrier is desperately cutting costs in a bid ...

  • News

    JAL takes big write-down

    1998-05-01T00:00:00Z

    Japan Airlines has turned the year of the tiger into the year of cleaning up its balance sheet. JAL ended its financial year with a massive write-off which aims to speed its return to profits. Without the write-off of US$1.2 billion on 31 March, JAL would have reported a ...

  • News

    Emirates buys Lanka

    1998-05-01T00:00:00Z

    Armed with a restructuring plan, Emirates Airlines has stepped in as a strategic investor for Air Lanka. The Sri Lankan government has sold a 40 per cent stake in Air Lanka to Emirates for US$70 million in cash. Sri Lankan aviation minister Dharmasiri Senanayake says Emirates has already paid ...

  • News

    US boost for Latin club

    1998-05-01T00:00:00Z

    Trans World Airlines was planning in late April to join US Airways and become the second US airline partner in the regional frequent flyer programme, LatinPass. This follows the recent decision by Venezuela's Aeropostal, following its privatisation and revival, to join LatinPass. The addition of the two new members ...

  • News

    Poles apart from capital?

    1998-05-01T00:00:00Z

    A proposed change in Polish state ownership law could further delay a vital capital injection for cash-starved LOT Polish Airlines, just as the Polish government lines up potential investors. The Polish government was due to shortlist consortium bidders for LOT in April and declare a winner by the end ...

  • News

    Shooting stars

    1998-05-01T00:00:00Z

    The world's regional airlines grew strongly in 1997, and this sector remained the most profitable. Survey compiled by Tim Welch of Air Transport Intelligence and Richard Whitaker. The regional airline industry continues to be the healthiest sector in the business, judging by the results of this year's Airline Business Regional ...

  • News

    Euro no frills switch bases

    1998-05-01T00:00:00Z

    As British Airways' low cost Go takes to the skies, the UK's leading no frills carrier, EasyJet, is expanding overseas while low-cost Virgin Express eyes a UK base. Go is due to start flying out of its London/Stansted base to Rome/Ciampino on 22 May, Milan/Malpensa on 23 May and ...

  • News

    Swiss qualify new partners

    1998-05-01T00:00:00Z

    Swissair has expanded its European alliance to include TAP Air Portugal, THY Turkish Airlines and AOM of France and agreed to buy up to a 20 per cent stake in TAP. TAP, Turkish Airlines and AOM will join Swissair's existing partners Austrian Airlines and Sabena in an alliance to ...

  • News

    French open gates to US

    1998-05-01T00:00:00Z

    Both Continental Airlines and Delta Air Lines were swift to respond to the new US-French bilateral by declaring their intentions to formalise codeshare agreements with Air France. The bilateral, initialled in Paris on 8 April, will allow full open skies to be phased in over five years, and immediately ...

  • News

    US to defuse time bomb?

    1998-05-01T00:00:00Z

    The US Federal Aviation Administration admits that the year 2000 computer issue needs to be addressed on an international basis but is reluctant to take a leadership role. Instead the FAA suggests that the International Civil Aviation Organisation might be a better candidate. The FAA's reluctance stems from two ...

  • News

    Air France pilots receive scant sympathy from US colleagues

    1998-04-29T00:00:00Z

    The US airline pilots association (ALPA) has provided an ambiguous reply to the request by Air France's main pilots' union, the SNPL, for a critical analysis of the carrier's salary structure. The SNPL is objecting strongly to Air France's insistence on a two-tier salary level and a 15% reduction ...

  • News

    China demands CAAC shake-up

    1998-04-29T00:00:00Z

    Paul Lewis/SINGAPORE The Civil Aviation Administration of China (CAAC) has been instructed to submit proposals by the end of April on drastic reductions to the size of its organisation, in line with a wider Chinese Government push to cut the country's bloated bureaucracy. China's newly installed premier Zhu ...

  • News

    FedEx MD-11 fleet swells to 60 after Swissair and LTU deals

    1998-04-29T00:00:00Z

    Ramon Lopez/WASHINGTON DC FedEx is raising its reliance on the Boeing MD-11 freighter, with a decision to almost double its planned fleet of MD-11Fs to 60 through deals for more new and secondhand aircraft. The US parcels carrier, which now operates 20 MD-11Fs, last week disclosed that it ...

  • News

    Airbus ponders commercial market prospects for Beluga

    1998-04-29T00:00:00Z

    Max Kingsley-Jones/LONDON Super Airbus Transport International(SATIC) and Airbus believe that the growing success of the Beluga's third party cargo charter business could see an external market develop for the aircraft with outsized cargo carriers. The A300-600 based Beluga was designed, built and certificated for Airbus by the Toulouse-based Aerospatiale/Daimler-Benz Aerospace ...

  • News

    Six new entrants win US airport slots

    1998-04-29T00:00:00Z

    Six smaller US airlines have been awarded coveted take-off and landing rights at Chicago O'Hare International and New York's La Guardia, as part of efforts by the Department of Transportation (DoT)to open up slot-controlled airports to new competition. America West Airlines, Atlantic Coast Airlines (ACA), American Eagle's Simmons Airlines ...

  • News

    Routes

    1998-04-29T00:00:00Z

    -Malaysia Airlines has inaugurated its new thrice weekly service to New York's Newark Airport via Dubai, its third North American destination and its first to the US East coast. -Northwest Airlines is to launch a twice weekly non-stop service between Las Vegas and Tokyo from June, taking further advantage of ...

  • News

    Single Mandate

    1998-04-29T00:00:00Z

    British Airways and American Airlines appear on the verge of securing the long-awaited competition approval for their alliance from the European Commission (EC) with Brussels insiders set to give a mid-May date and a painful but probably realistic demand for slot surrender at London Heathrow. With some irony, however, ...

  • News

    The vital combinations

    1998-04-29T00:00:00Z

    Shahe Ouzounian/LONDON and FRANKFURT, Brent Hannon/TAIPEI ACCORDING TO Wilhelm Althen, chairman of the executive board of Lufthansa Cargo, the revolutionary break in January 1995 with the passenger side of Lufthansa's business was "-a process that hasn't just been about the last three years, it's a 20 year old road ...