All Strategy news – Page 1104
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Macau change
Li Ke Li, the CAAC's deputy director for international affairs, has been appointed chief executive officer of Air Macau. He replaces Ng Kian-wah, who has returned to Singapore Airlines. CNAC, which controls Air Macau, pushed for the appointment of Li, who has never managed an airline before. ...
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Freight frighteners
After persistently failing to ensure on-time delivery of its product to Japan by air, a major European pharmaceutical company was forced to take a multi-million dollar stake in a local Japanese drug company to ensure consistency of supply in a last desperate bid to retain a foothold in this lucrative ...
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Shares rise in the east
Four days before the Chinese New Year, China Eastern Airlines made an auspicious debut on the world's markets by raising an estimated US$250 million. The success of the issue should pave the way for the other Chinese majors to follow suit, although holding company China National Aviation Corp may well ...
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Global watch put on nations at risk
In these days of globalisation and robust economic growth in almost every region of the world, it is tempting to believe that nothing can go wrong. But in many respects this is the most dangerous phase of the economic cycle when businesses, whether they be banks, manufacturers or airlines, are ...
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People movers
Hang on. The flight attendant in the blue Delta Air Lines uniform has an unmistakable Dublin accent, akin to that of her green-clad colleagues on the Aer Lingus Dublin-JFK flight. Either 100 years of Irish immigration to the US have failed to alter speech patterns or airline alliances are taking ...
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Easy ride on the Hill for mega-deal
The face of special-interest politics in Washington is changing, and American Airlines is wearing a smile. An overhaul of the Senate Commerce Committee means the airline finds itself with new-found clout. The rise of Arizona Sen John McCain to chairmanship of the committee is a big win for American Airlines. ...
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Much ado about nothing?
The countdown to full European deregulation has begun, so where's the rush to the starting post? When the final hurdle to full deregulation is swept away on 1 April all airlines in the European Economic Area gain access to cabotage rights, enabling them to fly between any two domestic points ...
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Weber pens strike plea
Chairman Jürgen Weber is attempting to stir up an internal debate at Lufthansa in a bid to persuade the pilot-dominated DAG union to pull back from strike action. In an unprecedented move Weber sent a letter to all Lufthansa employees in late January outlining the threats to Lufthansa ...
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Growth at a premium
When Salomon Brothers Hong Kong released a report on Malaysia Airlines in late December, it left little doubt that the airline was no gilt-edged investment opportunity. Recommending a 'hold' on the carrier's shares, which put in a weak performance during the carrier's latest financial year, the report's title says it ...
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It's all in the name
Martin Shugrue is being self-effacing these days. 'Hey, if it was just me calling up people and telling them about Air Marty Start-up Airlines, that would not get us anywhere,' he admits. What is attracting attention within the industry, he maintains, is the fact that his new airline is called ...
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Disquiet on the state aid front
The debate over continuing state support to Europe's airlines refuses to roll over and die, just like the concept of the national flag carrier, which lies at its heart. With four cases on Brussels' books, 1997 may yet prove to be a landmark year. The European Commission's scrutiny of ...
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Viasa future looks bleak
Iberia and the Venezuelan government were playing a game of brinksmanship at presstime after flag carrier Viasa ran out of cash and ceased operations on 23 January. Both sides are believed to be willing to let the airline fold but, according to one source close to the negotiations, ...
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Qatar finalises fleet renewal plan
Qatar Airways has arranged to lease two Airbus A300s to replace its fleet of Boeing 747s on long-haul services from its base in Doha. The airline, which underwent a major management and strategic revamp late in 1996 (Flight International 11-17 December 1996, P10), will introduce two ex-Garuda Pratt & ...
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BMW R-R
Robin Bailey has been appointed head of product support for the BR700 family of engines by German manufacturer BMW Rolls-Royce. Bailey has extensive product-support experience with airlines and manufacturers, including Cathay Pacific, Rolls-Royce, Saab and, most recently, GKN Westland Helicopters, where he was head of product support for the EH ...
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Lufthansa
Lufthansa has named the six-man executive board which is to take charge of the restructured passenger division of the company from 1 April. The company's current executive vice-president for marketing, Frederick Reid, will become head of marketing and network management, as well as being board spokesman. Lufthansa's current sales director ...
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NJS
Adelaide, Australia-based National Jet Systems (NJS) Group has appointed former Qantas executive Mike Grehan general manager. He was previously financial controller for Qantas' Associated Business division, responsible for the oversight of regional airlines, including Qantas Airlink, which operates 11 British Aerospace 146s on a wet-lease basis from NJS. ...
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Sony trans
Irvine, California-based airline-entertainment- and cabin-information-systems provider Sony Trans Com has appointed Fran Waddle director of entertainment and information services. She was formerly managing director for inflight products at American Airlines. Source: Flight International
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GB Airways
Stephen Sturton-Davies has been appointed to the new position of general manager for the Western Mediterranean at UK scheduled carrier GB Airways, of Gatwick Airport. He will be based at the British Airways office in Madrid, Spain. Source: Flight International
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Mystery in the East
Far from encouraging foreign airlines to invest in India's burgeoning civil-aviation industry, the much-heralded new aviation policy recently announced by India's United Front Government has confused and bewildered overseas investors. India's powerful Cabinet Committee On Foreign Investment (CCFI) has announced that foreign airlines will no longer be permitted ...
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Presidential intervention delays American settlement
AMERICAN AIRLINES says that first deliveries of new Boeing aircraft will be delayed after US President Bill Clinton intervened to push any pilots' strike back by at least 60 days. Clinton stepped in minutes after the pilots went on strike on 14 February and appointed an emergency mediation board, which ...