All Strategy news – Page 1060
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News
Delta toys with TWA tie
A proposed codeshare by Delta Air Lines and Trans World Airlines on US-Japan routes is sparking speculation of the start of a stronger relationship between the two. Earlier in February, Delta's plans for a merger with Continental Airlines were thwarted when Continental opted instead for an alliance with Northwest ...
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Oriental calm dawns in US
At long last, Tokyo and Washington have settled their aeropolitical differences with a substantive open skies agreement that extends well beyond a 'mini-deal'. But Europeans are fuming at the deal's valuable concessions to the US. The new US-Japan open skies deal penned in February 1998 has helped right the ...
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Southern boom
The US carriers, led by American Airlines, have benefited the most from the growth in demand to Latin America. Report by April Pearson. With growth of 23.9 per cent over the last five years, US-Latin America air traffic is outpacing economic growth. Growth still lags behind the larger European and ...
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WestPac to pack it all in
Denver-based Western Pacific has joined the long list of US low cost carriers to bite the dust. The airline has been unable to buy the time needed to turn around since limping into Chapter 11 bankruptcy last year. The US industry has been anticipating Western Pacific's demise for some ...
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Singapore Aircraft Leasing Enterprise (SALE)
Singapore Aircraft Leasing Enterprise (SALE) is to consider a Singapore and New York Stock Exchange listing in 2000 as a capital-raising exercise to help boost its portfolio. Managing director John Willingham says SALE has no definitive plans to list at the moment, although owners Singapore Airlines (SIA), Boullioun Aviation Services ...
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Leasing company sees opportunies in economic downturn
Sarah Lazenby Business is booming in Asia Pacific for flight crew leasing companies IASCO and ARS International. The companies have just placed 17 captains to fly McDonnell Douglas DC-10s and MD-81s for the Harlequin Air, the first new-entry low-cost carrier to serve Japan since the market was liberalised. Other Asian ...
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Lido offers integrated flight planning system
Lufthansa's former flight preparation procedures department, now an independent company in the Lufthansa group, is set to expand its international customer base by up to 50%. Kai Kosicki, director marketing and sales of Lufthansa Aeronautical Services - Lido Gmbh - says the requirements of airlines in this region parallel those ...
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British Midland moves to protect bases
British Midland is stressing that its plans for transatlantic services announced yesterday are at an early stage and are very much dependent on the signing of an "open skies" air services agreement between the UK and USA. The airline says the decision is a "move to protect its bases", ...
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ATI acquired
Pittson Burlington Group operating unit BAZ Global has agreed to acquire US freight carrier Air Transport International (ATI) for under $30 million in cash. ATI operates a fleet of McDonnell Douglas DC-8 freighters. Source: Flight International
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Air Wisconsin chases Mountain Air Express
Air Wisconsin, which operates as United Express, wants US bankruptcy court permission to acquire Mountain Air Express of Denver, Colorado. The terms of the offer are not disclosed by Air Wisconsin, but the reported sale price is $1.5 million. Air Wisconsin has ordered six Fairchild Dornier 328s to increase ...
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IATA tackles African safety
Max Kingsley-Jones/GENEVA Efforts to improve the standard of air safety in Africa are moving forward after the first meeting of key groups from the region arranged by the International Air Transport Association (IATA). The initial meeting of the IATA/AFI (Africa & Indian Ocean) air traffic control incident analysis ...
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KLM may rationalise long haul fleet
Max Kingsley-Jones/LONDON Airbus Industrie and Boeing are vying to provide KLM with up to 30 long haul aircraft to enable the Netherlands flag carrier to standardise its widebodied fleet and to reduce the number of types in operation. Any deal could also involve aircraft for its strategic partner, Alitalia. Although ...
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Lufthansa confirms low cost short haul carrier concept
Andrzej Jeziorski/MUNICH A Lufthansa study has confirmed the feasibility of forming a new low cost, short haul airline in the Lufthansa group, says the German carrier. The concept, known informally as "Lufthansa Light", envisages an autonomous carrier serving short haul second city pairs in Germany and other parts ...
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Marketplace
-Airbus Industrie is to take up its option on a fifth A300-600ST Super Transporter, for delivery in 2001, to meet higher demand for transporting aircraft components around Europe as the production rate increases. -Gulf Air has completed the sale and leaseback of six of its 13 Airbus A320s to recently ...
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Routes
-US carrier Midwest Express has signed a codesharing agreement with regional airline American Eagle providing connecting service at Dallas/Fort Worth, Texas, and Los Angeles, California. Midwest, meanwhile, will add five McDonnell Douglas DC-9s to its fleet this year, bringing the total to 29. -Trans World Airlines will feed Delta Air ...
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UPS closes on widebody freighter selection
UPS is expecting to finalise its choice of widebody aircraft to replace its fleet of Douglas DC-8-70 freighters by the end of March, to enable the first to enter service in 1999. The Louisville, Kentucky-based freight carrier revealed in October 1997 that it was examining various aircraft to replace a ...
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Australasian airline results suffer as Asian crisis bites
Paul Phelan/CAIRNS A relatively buoyant round of first half financial results from Air New Zealand(ANZ), Ansett Australia and Qantas has been overshadowed by warnings over Asia-Pacific's economic crisis. All three carriers announced plans to redeploy capacity elsewhere on their international networks as Asian markets continue to shrink, raising ...
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Pan Am runs short of cash but Frontier hopes for better times
Ramon Lopez/WASHINGTON DC Financial problems continue to mount for the US low fares airlines, with the new Pan American World Airways warning that it is short on cash and could face bankruptcy. Frontier Airlines also reported big losses in the third quarter, but faces improving prospects with the demise of ...
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Swissair keeps appetite to take Sabena majority
Sabena president Paul Reutlinger has again confirmed that Swissair is ready to take a 67% majority share in its Belgian partner, provided that Switzerland is able to join the European Union (EU) single skies agreement. The Belgian Government sold Swissair a 49.5% stake in its national carrier in mid-1995, ...
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FLS makes move for Danish expansion
FLS Aerospace is expanding into Continental Europe with the setting up of a maintenance base in Denmark. The company is believed to be about to announce a deal to set up an operation at a site previously occupied by Pemco World Air Services at Copenhagen Airport which went out ...