All Strategy news – Page 1077
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News
Definitely maybe
Max Kingsley-Jones/SINGAPORE Airbus Industrie may have just allowed its A3XX high capacity airliner programme to slip by almost a year, but it remains committed to the initiative to provide a European alternative to Boeing's long term monopoly of the market. There are hurdles to cross during 1998, however, before Airbus ...
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Widening the franchise
Kevin O'Toole/LONDON When Cityflyer Express first signed up as a British Airways franchisee in the middle of 1993, it was something of an experiment for both carriers. Five years later the formula appears to be working. When BA hosts fifth anniversary celebrations in July, it will do so with nine ...
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Alitalia gears up for renewal of long haul fleet
Alitalia's board has approved the lease of three more Boeing 767s in what is understood to be an interim measure as the carrier develops a full blown competition for a long haul fleet renewal plan. The Airbus A330/ A340 and Boeing 777 families are in the contest. The airline ...
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Air Nostrum selects CRJ for expansion
Air Nostrum has selected the Canadair Regional Jet (CRJ) for its fleet expansion and concluded a deal with Bombardier for up to ten aircraft. The Spanish regional airline, based in Valencia, has placed a firm order worth C$153.5 million ($108 million) for five CRJ-200ERs, with options on a further ...
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Pilots voice concern over BA's plans for AML 777 flights
Kevin O'Toole/LONDON British Airways' plans to use its low cost Airline Management (AML)affiliate to take over new long haul services from London Gatwick next year using Boeing 777s is raising concerns at the British Air Lines Pilots Association (BALPA). AML began flights early in 1997 using BA crews and a ...
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Routes
-Delta Air Lines and Venezuela's Aeropostal have agreed to provide codeshare service between Atlanta and Caracas, beginning on 2 April. The deal is subject to government approval. -United Airlines has selected Air Wisconsin, its new subsidiary, Mountain Air Express, and Great Lakes Aviation, to replace Mesa Airlines on United Express ...
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Boeing beats Airbus to clinch large Ryanair order
Max Kingsley-Jones/LONDON Pricing and commonality issues were behind Ryanair's selection of the Boeing 737-800 over the Airbus A320, in a deal which will see the the Irish low fare airline taking up to 45 of the Next Generation 737 models. Deliveries start next year. The airline, which operates ...
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Workshop
-SR Technics, the Swissair affiliate, has secured a contract with Boeing to install the two crew Honeywell Advanced Common Flightdeck on DC-10s being converted to MD-10 specification for US freight carrier FedEx. The deal involves 10 firm orders and 15 options. In a related deal, Singapore Technologies' Alabama, Georgia based ...
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Delta Air Lines takes stake in Aeroperu
As part of strategic efforts to build its presence in South America, Delta Air Lines has agreed to acquire a 35% stake in Aeroperu and enter into a 10-year marketing agreement. Delta's stake will match that of Aeromexico. Both foreign carriers will be represented on Aeroperu's board of directors. ...
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SunJet backers make move for Kiwi
Aviation Industries, the US airline investment vehicle that is backing Sun Jet's re-emergence from bankruptcy, has increased its stake in Kiwi International and is to negotiate the purchase of the low cost carrier. Kiwi re-emerged from Chapter 11 bankruptcy protection in July with backing from private investor Charles Edwards, who ...
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West to escape Asian slump
US credit rating agency Moody's has added its voice to concerns over the impact of the Asian crisis on the airline industry. It argues, however, that US and European carriers may escape the slump relatively unscathed. Those carriers most heavily dependent on intra-Asian traffic are due to face the ...
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Trade links increase
Almost every week, it appears, a US airline announces a new service to Latin America. Almost every month, it seems, a new codeshare agreement is forged between carriers in North and South America. Every year, it is evident, traffic between the two regions continues to grow. Increasing trade is the ...
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Qantas talks with Cathay break down
Paul Phelan/CAIRNS Talks have broken down between Cathay Pacific and Qantas over the Australian carrier's plans to acquire up to five RB.211-524D4-powered Boeing 747-200s, with airline sources confirming that the carrier expects to consider a wider range of options in the wake of the Asian downturn. These aircraft include new ...
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French independent taps into new routes
French independent airline AOM has signed a codesharing agreement with TAP Air Portugal under which the two carriers will jointly develop routes to cities in the south of France, Portugal, LatinAmerica and the Caribbean. The deal follows last year's agreement with Swissair, which AOM business director Jean-Marc Janaillac admits ...
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Continental Micronesia fights Asia crisis
Guy Norris/GUAM Continental Micronesia is expanding its route network, revising its Guam hub operation and modernising its fleet with Boeing 757s and Next Generation 737s as part of plans to counteract the downturn in traffic following the Asian economic crisis. The first of two new 757-200s due for ...
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Japan prepares for domestic battles after deregulation
Andrew Mollet/TOKYO The Japanese Government is preparing to deregulate domestic air fares in fiscal 1999 in a move that analysts say will serve to further stiffen competition in an already highly contested market. A draft report from a transport ministry panel has urged the lifting of restrictions that ...
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European airline trio shows profit turnaround
Kevin O'Toole/LONDON After eight years of wavering finances, punctuated by some spectacular losses, Alitalia's turnaround has begun to take shape with a solid profits performance in 1997. The news comes as part of a series of better results for European airlines, including Swissair and Sabena. Alitalia, which a ...
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Reno pins hopes on new boss
Reno Air has become the latest of the US low fares airlines to undergo a management shake-up, appointing a new chief executive to help steer the struggling carrier back to profits. The Reno board says that it decided that the carrier "would benefit from a change in leadership", especially ...
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FAA backs phased free flight
Graham Warwick/WASHINGTON DC US government industry advisory body RTCA has "strongly endorsed" phased modernisation of the National Airspace System (NAS), and has recommended sites for the initial deployment of the air traffic management systems that will form most of the "Free Flight Phase 1" effort. The RTCA's Free ...
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Korean Air links with GE Capital to set up deal for 737-800s
Paul Lewis/SINGAPORE Korean Air (KAL) has reached an initial agreement with General Electric Capital Aviation Services (GECAS) and Boeing to begin rolling over its narrowbodied jet fleet with new Boeing 737-800s as part of a wider $640 million move to revive the cash-strapped carrier. The South Korean national ...