All Strategy news – Page 1102
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Austrian Airlines takes control of rival Lauda Air
Austrian Airlines (AUA) is taking a controlling stake in rival Lauda Air, incorporating it into a national-airline group alongside regional carrier Tyrolean Airways. "The Austrian market is too small for three competing airlines, so it is our strategy to work jointly to be more competitive with other major ...
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Cathay maintains steady course
Cathay Pacific Airways has turned in a steady set of 1996 financial results, despite struggling with a falling Japanese yen and soaring fuel costs, while the airline's net profits also received a hefty boost from the sale of part of its share in sister carrier Dragonair. Overall, the ...
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Sabena is rocked by record losses
Sabena president Paul Reutlinger has revealed the heaviest losses in the Belgian airline's history and admits that its performance remains under review by main shareholder Swissair. The group's total net loss climbed to BFr8.8 billion ($248 million) in 1996, although close to half of the figure came from ...
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The big question
Given the highly public differences between Airbus Industrie and Boeing over the existence, or otherwise, of a multi-billion-dollar market for a new large airliner, you could be forgiven for thinking that a yawning gulf exists between long-term forecasts from the two manufacturers. In fact, this is not so. ...
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Struggle for success
There have been recent airline casualties in the South American commercial air-transport industry's struggle to find its feet - a scrap which continues today. Although traffic is growing fast in this market, there is a clear need for restructuring what has traditionally been a fragmented and unprofitable airline sector. According ...
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Aeroflot change
Aeroflot-Russian International Airlines (ARIA) has lost its general director, Marshal Evgeny Shaposhnikov, following his departure to become an advisor to Russian president Boris Yeltsin. The Aria board has appointed his deputy Valeri Okulov as an acting replacement pending an official decision. Okulov, who is Yeltsin's son-in-law, started his career as ...
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Tarom discusses MD-11 acquisition with MDC
Romanian flag carrier Tarom is talking to McDonnell Douglas (MDC) about a possible MD-11 purchase as it awaits Government clearance to buy next-generation Boeing 737s and AI(R) ATR 42 turboprops. A delegation from McDonnell Douglas visited Romanian capital Bucharest in February to discuss the potential acquisition by Tarom ...
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Asians bid for AI(R) Jet places
South Korea and Taiwan have submitted competing tenders to Aero International (Regional) (AI(R)) for each to take up to a 40% stake in the planned AI(R) Jet 70 regional-aircraft programme. Aerospace industry teams from both countries were invited to Toulouse in January to take part in AI(R)'s aerostructures ...
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Kenya Airways pursues plan to expand Nairobi into a hub
A year on from its successful privatisation, Kenya Airways plans to launch the first phase in the development of Nairobi Airport as a hub. Managing director Brian Davies reveals that the airline has ordered a third new Boeing 737-300 and will reconsider its long-haul fleet structure. Davies says ...
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Imperative for India to decide on policy
Sir - I feel that further explanation is required on the article "Mystery in the East", in which I have been quoted (Flight International, 26 February-4 March, P42). I accused the Indian Government not of "moving too fast", but of moving without having any policy. All it has ...
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Swisscargo capacity
Swissair cargo subsidiary Swisscargo has signed an agreement with Belgium's new low-cost long-haul scheduled airline City Bird, to take the total freight capacity of City Bird's two McDonnell Douglas MD-11s. The airline will start operations on 27 March. Source: Flight International
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Airbus outlines business case for launching its large airliner
Airbus Industrie is building a business case for launching the A3XX based on prospects of winning around 650 orders for the programme over the next 20 years, says John Leahy senior vice-president Commercial. The comments came as Airbus and Boeing used the release of long-range forecasts to justify ...
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GrandAir puts US plans on hold
GrandAir has been forced to put on hold plans to fly to the USA by the Philippine regulatory authorities' continued failure to comply with the US Federal Aviation Administration's Category I safety requirements. The airline and incumbent national carrier Philippine Airlines (PAL) have been told that there can ...
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Malaysia is first to opt for 777-200X
Malaysia Airlines (MAS) has become the first airline to announce its intent to purchase the ultra-long-range Boeing 777-200X, just nine days after the Boeing board of directors authorised the company to begin offering the big twin and its stretched counterpart, the -300X. MAS signed a memorandum of understanding ...
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Renewed US ticket tax sparks hostility
US PRESIDENT Clinton has renewed the 10%airline ticket tax to the end of the fiscal year, pending a longer-term review of new proposals for funding the Federal Aviation Administration. The ticket tax lapsed again at the end of 1996 without agreement in Congress on a replacement funding method, ...
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Doganis re-opens subsidies argument
The controversial debate about whether government subsidies to European state airlines should be allowed under European Commission regulations has been re-opened by Professor Rigas Doganis, a former Olympic Airways chairman who is now head of the Air Transport Group at the UK's Cranfield University. Speaking during a lecture ...
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TNT looks at large freighters
TNT Express Worldwide is aiming to introduce its first large freighter aircraft in 1998, if a strategic analysis of the market which it is now undertaking concludes that such a move is required. The express-parcel company, acquired by Dutch postal company KPN late in 1995, is timing the ...
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SAA prepares for privatisation with management restructure
South African Airways (SAA) is undergoing a management restructuring, as part of its move towards privatisation. Talks have been under way for several weeks between SAA, its parent company, Transnet, and the trade unions, which are understood to have produced broad agreement on the main issues involved. "The ...
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DeutscheBA
David Noyes has been appointed regional director for the UK, Africa and the Middle East at British Airways. He succeeds George Cooper, who became regional director for Europe in early February. Martin George is named marketing director, having held senior posts in the airline's UK and Ireland sales. Source: ...
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Air Canada
Air Canada saw profits more than double in 1996 and reports that its international services accounted for more than half of passenger sales for the first time. The airline's net profit hit C$149 million ($110 million) was helped by a further C$72 million gain on the sale of its stake ...