All Strategy news – Page 1059
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Asians sign up for Trent work
A memorandum of understanding for a proposed joint venture to undertake Trent engine overhaul and maintenance in Asia- Pacific has been signed by Rolls-Royce, Singapore Airlines Engineering (SIAEC) and Hong Kong Aero Engines Services (HAESL). HAESL, a joint venture between R-R and Hong Kong Aircraft Engineering, is the only ...
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France will retain majority stake in Air France
Julian Moxon/PARIS The French Government has opted for a progressive reduction in its 94% stake in Air France, but will retain a 53% stake in the carrier, leaving it as one of the last in Western Europe to remain state controlled. The move, which comes as Air France ...
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BA set to Go
British Airways has named its new low-cost airline subsidiary 'Go'. It will be launched in May from London/Stansted. Source: Airline Business
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Appointments
Federal Express has promoted David J Bronczek to executive vice president and chief operating officer and Tracy G Schmidt to senior vice president and chief financial officer. Karen M Claybourne has been appointed senior vice president and general counsel; Bob Elliott is now senior vice president of the Europe Middle ...
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BA alliance faces delay
Patience is a virtue that American Airlines and British Airways surely must be learning. Both carriers seem resigned to more months of delay as their proposed alliance faces scrutiny on both sides of the Atlantic. But BA now hopes that the European Commission might put all alliances at a ...
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Kiwi quests
Air New Zealand sees its future in a global alliance but has yet to gain access to the Star Alliance. Meanwhile the carrier still needs to overcome major challenges close to home. David Knibb reports from Auckland. Air New ZealandThey say events often happen in threes - all the more ...
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Sharp exit out of Asia
The Asian crisis is forcing Qantas and Air New Zealand to shift capacity out of Asia and into a face-off closer to home. Both airlines withdrew from Korea in January; Qantas has now announced cutbacks to Indonesia, Thailand, and Malaysia. Air New Zealand retreated from these markets last year. ...
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Degrees of new disaster
The Asian economic crisis may have thrown the entire region into turmoil, but differing attitudes among Asian startups illustrate how misfortunes vary between countries. Harlequin Air, a new affiliate of Japan Air System, is confident that while Japan may have economic worries, its citizens still have disposable income. Harlequin ...
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Airline News
Japan Airlines is scheduled to introduce a three times weekly service from Nagoya to Los Angeles, a twice weekly service between Nagoya and London/Heathrow and a weekly Hiroshima to Honolulu service, as well as a daily Fukushima to Sapporo operation this April. United Airlines is due to introduce a ...
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And then there were four . . .
The latest 'virtual merger' means four airlines have 70 per cent of the US market. The airline alliance dance has moved into a new phase with the announcement of the virtual merger between Northwest Airlines and Continental Airlines. The entire industry is still trying to digest the implications of this ...
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1997 at a glance
January Boeing and McDonnell Douglas announce plans for a $13.3 billion merger. Norwegian travel agents threaten to sue SAS over plans to reduce commissions. Delta Air Lines winds down its Frankfurt hub, ending its intra-European services. Swissair, Austrian, Sabena and Delta establish a revenue pool on the North Atlantic. A ...
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Dutch courage pays off
KLM is now in the major league of global alliances. But the carrier still needs to select an Asian partner while noise restrictions at its hub threaten its development. Leo van Wijk, president and chief executive officer, talks to Lois Jones about the challenges facing KLM.At 10.30 am precisely ...
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Latin race heats up
Even before the American-Tacapact gets final approval, it is sparking a flurry of competitive reactions from other UScarriers, set on improving their own Latin American positions. The US Department of Transportation's tentative approval of the American-Tacadeal last December has pushed Continental Airlines to apply to fly to six Central ...
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Champion of the cause
Senator John McCain is on a mission to secure a more competitive US airline industry. His legislative proposals include freeing up more slots for startups and smaller airlines, prompt action against predatory behaviour, and increased airport funding. Report by Karen Walker.'He can be a powerful friend or a formidable foe,' ...
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Mesa faces tough times
A new board of directors at Mesa Air Group is flexing its muscles in a bid to respond to challenges facing the carrier. The airline's new board includes Virgin Express chief executive officer Jonathan Ornstein and Virgin Express director, James Swigart. Larry Risley and his wife, both co-founders of ...
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MetroJet set to propel US
US Airways' new airline, MetroJet, will throw down the gauntlet to the US champion of low-costs, Southwest Airlines, when it launches operations out of Baltimore-Washington on 1 June 1998. Details of US Airways' low-cost competitive response hold no surprises, according to analysts. By launching a service out of Baltimore ...
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US alliance opens the floodgates
The alliance coup pulled off by Northwest and Continental will speed up similar revenue tieups in the US and push global alliance building to new levels of activity. By Karen Walker.Denying a statement that he has worked for '. . . just about every airline in the US', US Airways' ...
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The smart airlines take credit cards
Three US airlines have formed partnerships with American Express and Bank of Hawaii to expand their use of electronic systems, streamline their operations and broaden distribution. Pioneering in these efforts is travel industry giant American Express, which has partnered both American Airlines and Continental Airlines. Since late 1996, American has ...
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Looking peaky
In its third straight year of profit, the airline industry broke all records last year. But some Asians are suffering and tougher times may be ahead. Richard Whitaker reports. It's early days yet and many carriers have not yet reported full-year financial results for 1997, but it is clear that ...
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Labour strife hits Europe
Cancellations are set to continue at Olympic Airlines if the question of staff shortages is not resolved, while labour strife is also plaguing Virgin Express. Olympic's unions are demanding that the airline reinstate the 64 seasonal flight attendants it fired in February. At presstime, the airline was forced to ...