All Strategy news – Page 1171
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News
Qantas foreign-ownership limit raised
THE AUSTRALIAN Government has raised limits on foreign ownership in Qantas Airways to 49%, ahead of the carrier's privatisation, although individual holdings will still be restricted to 25%. The policy switch, announced on 9 May, is designed to widen the base of potential investors when the airline's privatisation ...
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Nice Airport eyes airline share
NICE COTE D'AZUR Airport is a potential shareholder in a proposed airline to be based in the city. Despite being intensively marketed over the past two years and becoming the third-busiest airport in France, it still has no resident carrier. The envisaged airline, to be formed ...
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Fokker plans new Indian link
FOKKER IS CONSIDERING closer co-operation with aerospace company Hindustan Aeronautics (HAL), including an extension to the components work already undertaken by the Indian company for the Fokker 50. The Dutch concern is targeting India for sales of the turboprop Fokker 50 and the Fokker 70 and 100 regional ...
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Bernard walk-out shocks Air Inter
AIR INTER PRESIDENT Michel Bernard resigned on 12 May, after an eighteen-month tenure. His move came shortly after the carrier's last, protected route was opened to competition and followed a series of strikes. Restrictions on the last of the four, most profitable routes in France, were lifted by ...
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Lufthansa and SAS form strategic alliance
Andrzej Jeziorski/COPENHAGEN LUFTHANSA AND Scandinavian Airlines System (SAS) have forged an alliance linking their traffic systems and putting an end to SAS's role in the European Quality Alliance. No equity exchange is involved. The agreement, signed on 11 May in Copenhagen, will combine the partners' ...
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Tying the knot
In the world of airline alliances, few proposed so far have implications as great as that between Lufthansa and Scandinavian Airlines System (SAS) - not entirely from what is being done (though that is impressive enough), but also from what is not. This deal pulls together, in ...
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Pan Am Expands
Miami-based Pan Am International Academy has installed Airbus A300 full-flight and fixed-based simulators acquired from Continental Airlines. Source: Flight International
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Tan battles on for control of PAL
Philippine Airlines (PAL) chairman Lucio Tan is threatening to take the Government to the country's Supreme Court in his battle to retain majority control of the flag carrier. The Philippine tobacco tycoon controls PAL by virtue of his 51% stake in PR Holdings, which in turn owns 67% ...
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Lufthansa considers A320s for S America
LUFTHANSA IS considering using the Airbus cross-crew qualification (CCQ) concept to allow it to base A320s in Latin America to operate onward routes from its long-haul services. The airline will begin using Airbus A340s to Caracas, Venezuela, during the next winter timetable, but expects very low load-factors on ...
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USAir moves nearer union accord agreement
USAIR HAS WON tentative agreement on labour concessions from the International Association of Machinists. They join company pilots, in agreeing to the loss-making carrier's programme to cut $2.5 billion in labour costs, over five years. The airline is continuing negotiations with the Association of Flight Attendants and members ...
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Swissair finally seals alliance with Sabena
SWISSAIR HAS at last secured its longstanding ambition of taking a 49.5% stake in Belgian carrier Sabena, giving both airlines the critical mass they have been seeking within Europe. The deal was agreed between the airlines and the Belgian Government on 4 May, ending at least six months ...
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George Mikelsons
Appointing American Trans Air (ATA) chief-executive George Mikelsons chairman of Allison Engine is a sure sign that new owner Rolls-Royce intends to continue the US power plant manufacturer's drive into the commercial arena. Indianapolis-based ATA is the USA's biggest charter carrier and the nation's tenth-largest airline. It is ...
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Big business
Of all the Western companies to tackle the risk-laden challenge of doing business in the CIS, two can look back on the experience with more satisfaction than most. Their ventures were among the first East-West links forged after the opening up of the USSR, and have proved among the most ...
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Ansett NZ is crucial to Tasman future
The future of loss-making New Zealand domestic carrier Ansett New Zealand may be one of the last issues for resolution as Air New Zealand positions itself to take up News Corporation's 50% stake in Ansett Australia for an estimated A$50 million ($36 million). Air New Zealand has reportedly ...
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PW150 for Dash 8-400
Bombardier has selected the Pratt & Whitney Canada (P&WC) PW150 to power the planned de Havilland Dash 8-400 high-speed regional turboprop. The company received board approval on 24 April to offer the 70-seat aircraft to airlines and is aiming for a June launch. First flight of the Dash 8-400 is ...
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Thailand approves second flag carrier
THAILAND'S CIVIL Aviation Committee has approved the setting up of a second national carrier, as part of a plan to liberalise the country's air-transport industry. The proposal, which still needs to be endorsed by the cabinet, requires the new airline to have a registered capital of 2.5 billion ...
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Political row grows over Tata-SIA joint venture
The Indian Parliamentary committee on civil aviation has come out strongly against the entry of foreign airlines into the domestic sector. The committee is headed by Pramod Mahajan, the general secretary of India's main opposition party, the Bharatiya Janata. It fears that Indian Airlines, the state-owned domestic carrier, ...
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Shannon rescue faces EC query
UK aircraft-maintenance interests are to complain to the European Commission about the Irish Government's plan to bail out troubled Shannon Aerospace (SAL). SAL airline shareholders Swissair and Lufthansa concede that the overhaul concern faces collapse without the proposed injection of Ir£12 million (£11.9 million). They blame ruinous pricing ...
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FLS sets up office in Texas
FLS AEROSPACE HAs taken the first step towards possible acquisition of a US maintenance operation, with the setting up of an office in Fort Worth,Texas. Chairman Steffen Harpoth says that one of the objectives of the new office is to "...see if we can establish the foundation ...
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Appointments
Organisational restructuring at United has seen president John Edwardson assume the role of chief operating officer. David Coltman, formerly vice president Atlantic division, becomes SVP marketing. James E Goodwin has become SVP North America and is replaced by Christopher Bowers as SVP international. Andrew P Studdert joins as ...