All Strategy news – Page 1089
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Empire builders in fight to the finish
Make no mistake, it's a battle - a fight to the finish. A battle for territory, for customers, for markets, for revenue streams. A strategic war in which treaties are made with friendly powers, only to be abrogated when those powers turn out to be not quite as friendly as ...
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Chinese puzzle
In the runup to the 1 July handover of Hong Kong to the People's Republic of China, there were only a few clues to the many questions over Beijing's likely airline policies in the former UK colony. From Cathay Pacific's managing director David Turnbull has a ...
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Airbus waits for orders before committing to growth A340s
Airbus Industrie says that it needs a "significant" number of orders for the new A340-500/600 versions of the A340 before committing to full development and production. Despite that, sales chief John Leahy is "optimistic" that sufficient airlines to justify the $2.5 billion development cost will commit to the ...
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AMR Eagle divides regional-jet order: Embraer wins key deal
AMR Eagle has divided its long-awaited order for regional jets between Embraer and Bombardier, although the Brazilian manufacturer has won the key competition to supply 50-seaters. AMR Eagle will take delivery of the first of 42 firmly ordered EMB-145LRs, powered by the Allison AE3007A1 engine, in February 1998, ...
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SIAand Ansett study options for wide-ranging alliance
Singapore Airlines (SIA) is reported to be close to reaching a tentative agreement with Ansett on a potentially wide-ranging alliance, encompassing commercial co-operation and the possible purchase of equity in the Australian carrier. The two are expected to sign a memorandum of understanding as a first step towards ...
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Northern exposure
Max Kingsley-Jones/TORONTO Fortunes of Canadian charter airlines have been mixed in recent years. Established names have disappeared, to be replaced by new carriers seeking to Ìll the void, as the market itself has begun to undergo a metamorphosis. The country's inclusive-tour "holiday" market has traditionally broken ...
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British Airways
The Cranfield School of Management has awarded an honorary MBA degree to British Airways chairman Sir Colin Marshall in recognition of his "distinguished contribution to business and aviation". Sir Colin was named chairman after ten years with British Airways, and in May this year was elected president of the Confederation ...
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Airbus holds a high ground in week of sales activity
Business has been extremely active in the commercial market, dominated by Boeing and Airbus, this week at Le Bourget. News from McDonnell Douglas, however, was conspicuously absent this year. Boeing started the week in the limelight over its discussions about the proposed merger with McDonnell Douglas. Boeing ...
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$2.5billion orders confirm market opportunities for regional jets
If Paris '97 has proved one thing, it is that regional jets are here to stay. This morning, manufacturers can reflect that RJ order announcements this week topped $2.5billion, launch customers have stepped forward for two new programmes, and the jet has spread into both the 30 and ...
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Lufthansa pilots to train on Pipers
Lufthansa Flight Training (LFT) is to buy a fleet of seven Piper Seneca V aircraft, with options on a further four. The first deliveries begin in January 1998. The deal, announced by New Piper Aircraft of Vero Beach, Florida, at Le Bourget yesterday, will involve the aircraft being ...
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328 JET sales kicked off by French order
Fairchild Dornier announced its 328JET launch customer yesterday with a $70million order for six aircraft from French regional carrier Proteus Airlines. Simultaneously, it revealed the aircraft's North American launch customer as Aspen Mountain Air, in a $50million order covering four firm orders and four options for the 32-seat ...
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Boost for Chinese aviation industry
A Memorandum of Understanding (MoU) designed to accelerate the establishment of an aviation joint venture based in China has been signed at Paris. Aero International (Regional) (AI(R)) and Aviation Industries of China (AVIC) agreed to work toward industrial cooperation with a goal of transferring a part of the ...
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Turkish evaluation
The Turkish Government has concluded its evaluation of bids from Airbus Industrie, Boeing and McDonnell Douglas to supply up to 50 aircraft for THY Turkish Airlines, under a 50% offset agreement. The deal will call for an initial batch of 34 aircraft Source: Flight International
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World TriStars
British World Airlines will introduce Lockheed L-1011 TriStars in August, following the award of a contract from Classic Airways and Independent Aviation Group. The TriStars, which will be acquired from Trans World Airlines and/or Delta Air Lines, will be based at London Stansted Airport in the UK. ...
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Strong impression
Menziken Aerospace Group has enjoyed a long association with the Paris air show, and the company, which operates on both sides of the Atlantic, is keen to make a strong impression at Le Bourget this week. With roots in Switzerland stretching back to the turn of the century, ...
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Continental goes Boeing
Ramon Lopez/WASINGTON DC CONTINENTAL Airlines has become the third US major to enter into a long-term, sole-supplier pact with Boeing, following the signature of a letter of intent (LoI) for up to 35 widebodied aircraft to satisfy its future fleet requirements. The estimated value of the deal is ...
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Latvian passenger tax hits Air Baltic's target
Anew airport-departure tax imposed by the Latvian Government may stop Riga-based carrier Air Baltic from meeting its break-even target this year. Former company chief executive Kjell Fredheim says that a $12-per-passenger charge has been levied from 1 June, and a new fuel tax is forcing the airline to ...
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Air Madeira prepares for transatlantic flights
A new Portuguese airline, Air Madeira, will start operations later this year with a Lockheed L-1011 TriStar 500 on transatlantic charter flights. The airline is also planning to set up a short-haul network. Air Madeira is based in Lisbon and backed by the Portuguese travel group Pestana Hotels. ...
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Atlas Air confirms plans for 747-400 purchase
Atlas Air has confirmed plans to buy new Boeing 747-400 freighters, and has signed a Ìrm purchase contract worth about $1.7 billion for ten aircraft, and options on a further ten. The transaction, which represents the US cargo carrier's first purchase of new aircraft, was forecast earlier this ...