All Strategy news – Page 1142
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News
Riverso resigns in Alitalia reshuffle
ALITALIA CHAIRMAN Renato Riverso has resigned, two years after being brought in to help turn around the troubled Italian flag carrier. Riverso had arrived at the airline, together with chief executive Roberto Schisano, in February 1994, with a brief to push through badly needed cost cutting, at the ...
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Japan gears up for US bilateral battle
Kevin O'Toole/TOKYO BATTLE LINES are being drawn up in Japan and the USA as pressure mounts on both sides of the Pacific for a renegotiation of the controversial passenger bilateral between the two countries. Although talks are now under way over a revised cargo agreement, ...
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ANZ optimistic of Ansett deal
Kevin O'Toole/LONDON AIR NEW ZEALAND (ANZ) remains optimistic that it can go ahead with the proposed deal with TNT to acquire up to half of Ansett Australia. The agreement with TNT, which owns half of Ansett together with News Corporation, is still under negotiation, but ...
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KLM pulls directors from Northwest board
KLM HAS WITHDRAWN its three senior executives from the board of Northwest Airlines in a further twist to the boardroom bust-up between the two alliance partners. KLM's president Pieter Bouw, managing director Leo van Wijk and chief financial officer Rob Abrahamsen have resigned their places on the ...
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Eva races to first profit
FAST-EXPANDING Eva Air has turned in profits a year ahead of schedule, only four years after its launch as Taiwan's first privately owned carrier. The airline has also announced it is to launch a new airline in Panama by the end of the year. The carrier, ...
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Air Canada chairman Harris to step down
Hollis Harris, Air Canada's chairman and chief executive, will step down at the airline's next annual meeting on 14 May. His replacement is Lamar Durrett, a former Delta Airlines executive who came to Air Canada with Harris in 1992. Harris stays as executive chairman. Durrett worked at Delta ...
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ARIA prepares to expand Shannon hub
Paul Duffy/SHANNON THE AEROFLOT Russian International Airlines (ARIA) hub, set up at Shannon in the west of Ireland in 1995 to transfer Russian and CIS airline passengers to transatlantic services to the USA, is to be expanded to take in more airlines and routes. Set up ...
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'Bitter' union conflicts force Sabena chairman to resign
SABENA CHAIRMAN and chief executive, Pierre Godfroid has resigned, to be replaced by Swissair executive Paul Reutlinger. Godfroid ran into a bitter dogfight between the management and the airline unions over a controversial restructuring plan involving a pay freeze and longer working hours. Two other senior Sabena managers have been ...
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Thai Airways plans fleet shake-up over five years
Paul Lewis/SINGAPORE THAI AIRWAYS International is to purchase 21 new jet-powered airliners and dispose of 31 older aircraft, under a five-year fleet-rationalisation plan approved by its directors. The carrier's 1996-2000 long-term plan calls for a reduction from 14 to six baseline aircraft types and a ...
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How open skies?
GERMANY HAS become the latest and largest catch in the US drive to sign up Europe to open skies. With this new bilateral safely initialed, the USA has now signed up 11 European nations to open skies, representing 40% of the region's air market. The deal marks ...
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Making waves
Not only has Mexican carrier Aeromar survived the recession, but it has done so by expanding. Gilbert Sedbon/MEXICO CITY AFTER SURVIVING the Mexican economic crash of 1995, Transportes Aeromar, the country's newest domestic carrier, is back in a growth pattern aimed at breaking through the 1 million ...
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Appointments
Changes at Air France Europe include chief operating officer Patrick Alexandre also assuming the title of executive vice president. Marc Lemidey becomes EVP planning and development, Michael Enneser is appointed EVP station operations and cargo and Pierre-Alain Jeanneney is EVP finance and administration. Swissair has appointed Armin Daume ...
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One problem, three Chinas
Beijing's sovereignty claims over the 'territories' of Hong Kong and Taiwan are having repercussions throughout Asia and could yet spread to other parts of the world. China's attempts to disrupt Taiwan's presidential election in March have left the status of air services between several Asian points in limbo. ...
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More than a name change
Chairman Christian Blanc is using the UK market to trial his plans to merge Air France's European operations with Air Inter - already legally known as Air France Europe. Air France's sister carrier is taking over all operations on routes from Paris/Orly and the French regional destinations to ...
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ANZ rejigs Ansett deal
Air New Zealand's tortuous attempts to forge an equity alliance with Australian operator Ansett are fast taking on more shades than a chameleon. After prolonged discussions to reach an agreement to make a phased purchase of TNT's 50 per cent holding, new talks are underway to change the shape of ...
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Gang of four menace MAS
Malaysia Airlines' traditional monopoly on domestic and international air services is coming under increasing threat from four other carriers. The national flag's much-vaunted potential competitor, Air Asia, is set to join forces with Malaysian regional startup Saeaga Airlines in a joint venture with services to major regional destinations. ...
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EBA: the new Euro Virgin?
Virgin Atlantic is concerned that its carefully crafted brand image could suffer from the planned foray into low-frills, low-cost operations in Europe by chairman Richard Branson. Virgin Europe, headed by ex-Continental Express boss Jonathan Ornstein, declared an interest in mid-February in buying 80 per cent of Brussels-based EuroBelgian ...
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Strike threat looms in US
A surprise deal between United Airlines and its flight attendants contrasts sharply with pilot-management talks at Delta Air Lines and American Airlines. As of mid-February, those two carriers were locked in federally mediated negotiations as pilots turned up the heat with strike preparations. The most notable points that ...
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Agents for change
All the major computer reservations systems recently signed distribution agreements in China. Elaine White outlines the Chinese travel agent scene and looks at the potential for automating what will become the world's largest travel market.China's travel and tourism industry may be relatively new, but it is already one of the ...
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No haste, just speed
Having sealed its partnership with KLM, Kenya Airways is wasting no time in completing its privatisation and entering the next phase of its development. Jackie Gallacher reports.Kenya Airways is in a hurry. It aims to complete its privatisation by the end of March, and to outline the main priorities for ...