All Strategy news – Page 1151
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More private airlines than ever
This compilation of the ownership of the world's major airlines is the most comprehensive published by Airline Business to date and lists details for 194 airlines, including the world's 150 largest airlines by sales and a number of smaller players. Only shareholdings above 3 per cent are included. ...
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Asian Express
After a bitter defeat in Europe three years ago, Federal Express is now taking on Asia to compensate for declining yields at home and develop high yield premium international business. By Mead Jennings.Fred Smith, founder and CEO of Federal Express Corporation, has never had trouble thinking about the big picture. ...
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LAB expands Vasp empire
Vasp's $47.5 million purchase of 49 per cent of LAB effectively gives it control over the Bolivian flag carrier, which will use the proceeds for internal development as well as to form an alliance with Vasp and its other recent acquisition, Ecuatoriana. Part of the Bolivian government's 51 ...
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China stakes on the line?
Recent high-level signals from Beijing suggest the Chinese authorities are backing away from a policy which clears the way for foreign investment in airlines and are directly contradicting plans for foreign stock market listings for China's three main carriers. In late October, Civil Aviation Administration of China's deputy ...
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Merpati mire after sacking
Indonesia's troubled government-owned airline industry is in turmoil following the sacking of the president of domestic carrier Merpati Nusantara over his refusal to obey a Transport Ministry directive to lease 16 aircraft through a local company. Ridwan Fataruddin's departure came just a few months after the resignation of ...
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Alitalia hit by One startup
Startup carrier Air One will end Alitalia's monopoly on Milan-Rome, the Italian flag carrier's most profitable domestic route, following increased slot availability at congested Milan/Linate. Air One, formerly Air Adriatica, will serve Europe's fifth largest route five times a day from end November, with plans to increase to ...
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Solo launch in Malaysia
Plans for a single multinational airline to operate within the Asean region appear to be falling by the wayside with the planned 1 January launch of a new Malaysian operator, Saeaga Airlines. The newcomer is a joint venture between Malaysia's Ekran Air Services (20 per cent) and the ...
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China set to move on HK
Cathay Pacific is facing its worst nightmare, the startup of a Chinese-controlled, Hong Kong-based rival backed by powerful friends in Beijing's corridors of power. Despite complaints that the action breaks the Sino-British joint declaration on the hand-over of Hong Kong to China, the territory's civil aviation director Peter ...
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From bust to boom in a year
The good times are here again - but nobody can predict for just how longIt's at times like this that largesse takes over. As 1995 draws to a close, it is clear that at long last we have a vintage year for airline profitability - Iata says its members will ...
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French open house offer
One of Europe's last bastions of regulation is starting to crumble as the French market embraces liberalisation. Under the third package, which came into force in 1993, all member states had to open up their home markets (excluding ninth freedoms) by January 1996, at the latest. France, like ...
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Disk drive to cut costs
The push to cut distribution costs has compelled other US and European majors to follow United Airlines, USAir and British Airways in giving frequent flyers direct access to their CRS through the use of computer disks. The three trail blazers will give selected customers direct access to the ...
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Kiwis close in on Ansett
The on-again, off-again flirtation between Air New Zealand and Ansett Australia has found a new lease of life with a surprise twist. At presstime, the Auckland-based flag carrier was within 'a few days' of finalising the purchase of up to half of Ansett - from TNT. ...
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Delta poised for antitrust
A decision on the antitrust immunity application for Delta Air Lines, Swissair, Austrian and Sabena could be hampered by a similar request from American and Canadian Airlines International. The US Department of Justice finished its analysis of the Delta proposal in early November, and the application is now ...
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Virgin draws US to Europe
In a powerful combination of UK entrepreneurial drive and US investment capital, Richard Branson and David Bonderman are teaming up to launch the first low-cost startup to strike at the heart of the European Union with substantial foreign ownership. Called Virgin Europe, the new carrier is expected to be based ...
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Love lost but at what cost
The row-turned-lawsuit between Northwest Airlines and codesharing partner KLM has both carriers asking a simple question: can the world's most successful alliance survive? The question comes as the US airline industry appears to be on the verge of a major restructuring, with or without a United Airlines-USAir merger. ...
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Swissair
Philippe Bruggisser, director-general of Swissair Participations (Gate Gourmet, Swissotel, Jack Maeder) will succeed Otto Loepfe as director-general of the Swissair Group on 1 January 1996. Following his appointment as president of the International Air Transport Association, Loepfe will concentrate his activity at Swissair on the development of co-operation with partner ...
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Cargo in control
Lufthansa Cargo achieved its long-sought independence at the start of 1995. The business has not looked back since. Kevin O'Toole/LONDON WILHELM ALTHEN, chairman of Lufthansa Cargo, is clearly a happy man. For the past two decades, he has campaigned for air cargo to be treated ...
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Macau awards two new licences
EVA AIRWAYS and TransAsia Airways have been given the green light to fly to Macau, while Eva will also gain 16 flights a week from Taiwan to Hong Kong. TransAsia plans to begin twice daily Airbus A320 or A321 flights on 8 December - although the launch could ...
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Delta profitable on the Atlantic
DELTA AIR LINES says that its transatlantic services made a modest profit for the year to the end of September, marking the first profitable year since the group acquired the transatlantic operations of Pan American World Airways in 1991. The result was assisted by a record performance in ...
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Open skies hit Alitalia
Andrea Spinelli/GENOA ALITALIA IS FACING heavy competition on its prime domestic trunk route between Rome and Milan, following Milan-Linate Airport's award of additional slots to two new rival airlines. The Italian flag carrier's woes are compounded, by its perpetual fight for financial stability, made harder ...