All Strategy news – Page 1067
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News
Excellence loses shine
The collapse of the Global Excellence alliance between Swissair, Delta and Singapore Airlines promises a cash boost for the carriers when they liquidate their cross-shareholdings, despite the recent fall in SIA's share price. Delta values its 2.75 per cent stake in SIA at US$315 million while Swissair's 0.6 per ...
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Love lost over airfield
In a David and Goliath-style battle, a legal war is raging in Washington D.C. over the future of Love Field Airport in Dallas, which could lead to new competition for American Airlines this year. Due to the Wright Amendment, a long-standing federal law designed to protect Dallas/Fort Worth International ...
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Cintra may split control
Under scrutiny from Mexico's Chamber of Deputies and Mexican federal agencies, Cintra, the holding company for Aeromexico, Mexicana, and AeroPeru, is deliberating whether to retain common control or split each airline into a separate company. Pressure on Cintra has been mounting since last May, when it first disclosed plans ...
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Oz saves Niugini's day
Help is at hand for debt-ridden Air Niugini as an Australian businessman prepares an offer for the flag carrier. Michael Bromley, a former chairman of Air Niugini, approached the Papua New Guinea government in late November. But Bromley was stopped from placing a specific bid on the table by ...
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Low fares capture more Web sales
A handful of airlines, including America West, Delta, Southwest and Cathay Pacific, have begun to use the Internet to offer creative pricing initiatives -- above and beyond the Wednesday online fare specials first introduced by American with its Netsavers - both to promote their World Wide Web sites and to ...
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Hop-around on Oz policy
Qantas and British Airways were breathing more easily in December after Australia's route right authority cleared the pair to extend codesharing on the London to Australia Kangaroo Route. The decision represented a backdown by the route authority, the International Air Services Commission. The IASC had earlier published a draft ...
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SIA in Star tie-break
Singapore Airlines is expected to become the seventh member of the Star Alliance by the first quarter of 1998, but uncertainty hangs over the final Asian line-up of the largest alliance group. SIA took its first step on the Star trail at the end of November when it signed ...
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Taiwan not ready to talk
Now you're talking. Or are they? Politically sparring partners, Taiwan and the People's Republic of China, may be nearing the negotiating table, but they're still skirting around aviation issues. Taiwan President Lee Teng-hui and Prime Minister Vincent Siew have both declared that talks on direct transport, trade, and postal ...
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Tarom heads over two
Tarom Romanian Airlines is closing in on a union agreement to restructure the carrier after the government revamped its senior management again last year. Gheorge Racaru has been reappointed as managing director after being sacked from the position in mid-1996 after succumbing to union opposition for his plans to ...
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TWA tipped for upturn
A new president, a new injection of capital and a new feeling of confidence seem to be gearing Trans World Airlines up for what could be its turnaround year in 1998. TWA has named William Compton, a former MD-80 captain and a member of the Air Line Pilots Association's ...
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French/US bilateral talks stall
Julian Moxon/PARIS Failure of the latest round of negotiations on a bilateral deal between France and the USA has put at risk a major element of the commercial agreement between Air France, Delta Air Lines and Continental Airlines and American Airlines' separate plans to link with Air Liberté. ...
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Cost cuts increase hopes for MD-95 production
Guy Norris/LONG BEACH Douglas Products division is optimistic that Boeing will clear continued develop- ment of derivatives and production of the MD-95 in January, after the development of a series of cost-saving initiatives by the manufacturer and its risk-sharing partners. Boeing is due to decide whether to proceed ...
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TWA crash hearing helps to clarify policy on fuel tanks
The public hearing on the 1996 Trans World Airlines flight 800 fatal crash ended in Baltimore on 12 December without the US National Transportation Safety Board (NTSB) coming any nearer to discovering the cause, although it can claim to have clarified potential safety policies. Measures to reduce the risk ...
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Air France president Spinetta lays plans for competitiveness
Julian Moxon/Paris Air France president Jean-Cyril Spinetta has unveiled the main elements in his plans to solve the "persistent competitiveness problems" which he says continue to plague the airline. Pilots' unions have objected to the plan, however. The strategy centres on a Fr40 billion ($6.7 billion) investment in ...
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PIA chairman begins mission to restore 'financial discipline'
New Pakistan International Airlines(PIA) chairman Shahid Khaqan Abbasi has set about a clean sweep of the carrier's finances, taking heavy write-offs in the latest 1996/7 accounts and pledging to "restore operational and financial discipline". The accounts, which show a heavy Rs4.8 billion ($110 million)net loss in the year to ...
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Hidden turmoil
There is something vaguely ironic about Boeing outlining continuing production delays and, in the same breath, of the need to shed production staff. The irony is, however, a reflection of the underlying turmoil in the civil airframe industry - a turmoil which has to some extent been hidden by the ...
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747-400IGW gets go-ahead
Guy Norris/SEATTLE The Boeing board has given its civil-aircraft sales team authority to offer a growth version of the 747-400 with a maximum take-off weight of 413,140kg and a range of up to 14,245km (7,700nm). The decision is the first significant growth step for the aircraft since the ...
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Alitalia confirms KLM alliance
Kevin O'Toole/LONDON Alitalia plans to start its alliance with KLM from November 1998, shortly after the opening of the Italian carrier's new Milan hub at Malpensa Airport, which is seen by both carriers as a cornerstone of their partnership. Alitalia's choice of European alliance partner on 17 December ...
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P&W considers new rival for CFM56
Guy Norris/EAST HARTFORD Pratt & Whitney has begun studies of an advanced-technology geared-fan engine in an initiative to re-enter the narrowbody market and challenge the dominance of CFM International. The study outlines an initial series of engines for the 107-156kN (24,000-35,000lb)-thrust range, and is based around the use ...
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Wishing on a star
Guy Norris/Rio de Janeiro Varig is entering one of the most pivotal periods in its 70-year history. After successfully struggling to turn its fortunes around in 1996, the Brazilian flag carrier figuratively hitched its wagon to a star in 1997 when it joined the growing band of airline members ...