All Strategy news – Page 1131
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News
Green light shows for NetJets Europe
Max Kingsley-Jones/LONDON A EUROPEAN-BASED business-aircraft fractional-ownership programme has been launched by Montvale, New Jersey-based Executive Jet Aviation (EJA), the US pioneer of the "NetJets" scheme. The programme marks the second stage of the company's Global NetJets plan, with opportunities in China and South America also ...
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Hong Kong wins more Chinese rights
IN A MAJOR SIGN of improved relations between the UK and Chinese Governments, Hong Kong carriers Cathay Pacific Airways and Dragonair have been granted additional rights to fly across and into China. Under the deal, Beijing has opened up new routes through Chinese airspace to Europe, North ...
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Unions agree to Alitalia facelift
Kevin O'Toole/LONDON Andrea Spinelli/GENOA ALITALIA'S UNIONS have given a tentative go-ahead to the airline's increasingly urgent restructuring plans, agreeing to accept cost-cutting in exchange for three places on the board and an eventual 20% stake in the group. The deal was finally thrashed out on ...
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Heathrow slots are price for BA/American go-ahead
THE US DEPARTMENT of Transportation (DoT) is demanding that additional slots be freed up at London Heathrow as the price for granting anti-trust immunity to the proposed alliance between BA and American Airlines. Senior DoT policy official Patrick Murphy says that new US carriers would have to be ...
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Southern Africa growth
HELIKOPTER SERVICES Group (HSG) has added South Africa's Court Helicopters to its growing portfolio of acquisitions, giving the Norwegian group access to an expanding offshore market in southern Africa. The Norwegian group paid $5.5 million for the initial stake, but has the option to acquire the remainder of ...
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Finnair warns of slowdown in Europe
FINNAIR HAS WARNED that its financial performance will "decline substantially" this year following signs of a significant economic slowdown in Finland and key European markets. The airline says that it will add no new destinations and maintain capacity at present levels over the year as it prepares for ...
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Air France joins Air Afrique rescue bid
France has joined with the other state owners of Air Afrique in a bid to prevent the debt-ridden airline from having its fleet repossessed by creditors. Air Afrique has come close to collapse, facing the seizure of aircraft unless it can find cash to service debts of more ...
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Rivals set to benefit from ValuJet suspension of operations
Max Kingsley-Jones/LONDON VALUJET HAS built its main hub at Atlanta Harts-field, and at its peak, the airline represented about 8% of the passenger traffic at the airport, ranking it second only to Delta Air Lines. With ValuJet flights unavailable, "price-sensitive" customers from Atlanta have been ...
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TechniFlite launches simulator-on-wheels deal for regionals
Graham Warwick/ATLANTA A mobile flight-simulator for the Raytheon Beech 1900D regional turboprop is to enter service in January 1997 with Denver, Colorado-based TechniFlite. It will be housed inside a tractor-trailer, which will be driven around the USA to provide on-site initial and recurrent pilot training. ...
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TEA extends its Vietnamese links
CHARTER AIRLINE TEA Switzerland has extended its association with Vietnam's second carrier, Pacific Airlines. Since 1 June the South East Asian airline has been wet-leasing a TEA Boeing 737-300, in addition to a 737-200 operated since December 1995. Pacific Airlines uses the TEA aircraft on domestic services ...
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CAA licence to overcharge is simply not on
Sir-The three letters on "GAMTA must look at training" (Flight International, 3-9 April, P95) focus on the high costs incurred by aviation businesses in the UK. As a licensed engineer working for a foreign international airline in this country, I am required to hold a licence issued in ...
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Aerospace in Indonesia
Aerospace in Indonesia is racing to keep up with the country's growing economy, writes Paul Lewis in Singapore. INDONESIA IS A COUNTRY unmatched by any of its South-East Asian neighbours. With an expanding population of some 190 million, a rich and bountiful supply of natural resources and a growing ...
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French independents join forces for competition
Julian Moxon/PARIS French independent airlines AOM and Air Libert, are moving closer to an accord which may see the two carriers form an alliance to compete with the Air France Group. A deal could be signed by the end of June. The two have been ...
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Reutlinger lays down cost goal for Sabena
Herman de Wulf/BRUSSELS SABENA PRESIDENT Paul Reutlinger has laid out details of the new cost-cutting targets and fleet rationalisation being demanded by new partner Swissair in a bid to bring the Belgian carrier back to profitability by 1998. Reutlinger says that Sabena needs to shave ...
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FLS supports Air 2000's rotables
FLS AEROSPACE HAS expanded its position as a component-support prime contractor with the signing of a five-year deal with Air 2000. The agreement takes Europe's largest independent maintenance company into the Airbus Industrie A320 rotables business for the first time. The component-support work for Air 2000 arrives on ...
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Russia needs independence
Kevin O'Toole/LONDON RUSSIAN TRANSPORT minister Nikolai Tsakh is urging the region's state-owned airports to become more independent of central government, calling for local authorities and, possibly, private investors to take a greater role in their ownership. The first stage is for airport authorities to be ...
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Debonair makes low-cost fares and quality promise
DEBONAIR, THE LATEST UK start-up hoping to bring the US low-fares experiment to Europe, has promised fares of 50-70% below existing levels. The airline is planning to launch services from London Luton on 19 July, with free flights on its routes to Barcelona, Munich and the Dusseldorf ...
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Competitive codes
American Airlines chairman Bob Crandall was more wrong than he was right when he said 15 months ago: "Code-sharing is profoundly anti-competitive and, in the long term, will inevitably reduce the number of air carriers competing for your business. When airlines team up and code-share, they are able - by ...
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Open skies crucial to BA/American deal
Kevin O'Toole/LONDON NEWS OF THE British Air-ways and American Airlines code-sharing deal and the promise of a US/UK open-skies agreement has sparked off a round of intense lobbying from competitors on both sides of the Atlantic, hoping to make gains from a new bilateral. BA ...
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SA Airlink KwaZulu-Natal link
SA Airlink's agreement to operate the KwaZulu-Natal Provincial Government's recently ordered Jetstream 41 (Flight International, 5-11 June), will fit in well with existing operations, says Airlink's joint managing director Barry Webb. SA Airlink already operates a fleet of ten British Aerospace Jetstream 41s and two Dornier 228s, and serves several ...