All Strategy news – Page 1174
-
News
Struggling TWA details 1994 loss
TRANS WORLD Airways (TWA) has revealed that it ended 1994 with losses of $436 million, although the struggling airline takes some comfort from an improvement in its unit costs and a reduced operating loss. Unit costs fell by more than 2%, because of early returns from a new ...
-
News
ANZ poised to take stake in Ansett
Air New Zealand (ANZ) is expected to make a direct entry in to the Australian domestic market by taking a stake in the Ansett group. Ken Cowley, chief executive of News Corporation, which jointly owns Ansett, is due to meet Australian Prime Minister Paul Keating to discuss the ...
-
News
European airports caution on passenger growth
EUROPE'S CONGESTED airports managed to overcome capacity constraints to post an 8% rise in passenger traffic during 1994, but the region's leading hubs at London and Paris warn that growth cannot be maintained without new infrastructure investments. Although passenger growth within Europe was close to the world average, ...
-
News
Airbus spells out maths behind NLA
AIRBUS INDUSTRIE'S forecast of substantial demand for a new large aircraft (NLA) with more than 600 seats is based on an internal study showing a high concentration of sales to a handful of operators. The predictions, which were not released in Airbus' Global Market Forecast (Flight International, 29 ...
-
News
Boeing notches 737 orders with another due shortly
BOEING HAS won orders for a further 14 737-700s and is virtually assured of at least another six commitments for the new 737 family. German charter operator Germania Fluggesellschaft has ordered 12 aircraft, worth about $512 million, and Bavaria Fluggesellschaft has confirmed an order for two more, which ...
-
News
Keeping track
The Traxon cargo automation system is now well established, but some significant technical and political obstacles remain. Mark Lyon reports. Air cargo doesn't achieve its potential for most airlines. Industry critics want carriers to work more closely with air freight forwarders so these two partners ...
-
News
Appointments
Gaston Hébert has been named president of de Havilland, replacing Ken Laver. John Horne has been appointed airport director for London/City airport. Rick Ellis has been appointed chief executive of Ansett New Zealand. He replaces Craig Wallace, who has taken a senior position with Ansett Australia. ...
-
News
Suppliers
PROS Strategic Solutions has installed its bid price based origin-destination revenue management system at Continental Airlines. BehavHeuristic yield management system has been installed at Icelandair. FLS Aerospace has won a five year contract from Irish independent Ryanair to provide heavy maintenance for 11 Boeing 737-200s. The ...
-
News
Malev reshuffle
A political reshuffle has lead to the ousting of Malev's managing director Andras Pakay. At press time, a replacement had not been announced, but former minister of transport Andras Derzsi has been appointed as the new president and chairman of the board. Alitalia is understood to have opposed Pakay's departure ...
-
News
China's high flyers
Timing. That is the key word for any interested party wondering when the big three Chinese carriers, China Southern, China Eastern and Air China, will eventually list and sell shares on the New York stock exchange.While the indications are that China Eastern at least will be ready later this year, ...
-
News
The big float
There are doubts over whether the jewel of the Chinese state-owned airlines, Air China, will be allowed to follow flotations at China Southern and China Eastern in two years' time. David Knibb reports. Whether Air China will sell and list shares overseas after China Southern and China Eastern depends ...
-
News
On the attack
Mid-sized airlines face crucial decisions as they focus on which strategies and management tactics to adopt. Sara Guild reports from an Airline Business conference on the future of medium-sized carriers. The greatest profit potential for medium sized carriers lies in a direct attack on the strategic weaknesses of ...
-
News
Top earners must deliver
As an avid reader of your intelligent, well reported magazine I was surprised with part of the February editorial, Crisis over - but don't let up. There is no doubt that the airline industry must change, and that companies must be more innovative and responsive in future. My main concern ...
-
News
China order thaw on way
Pressure is mounting for Beijing to relax its freeze on new aircraft orders. It looks as if the Civil Aviation Administration of China will permit two, and perhaps all three big carriers, to place firm orders. Senior Air China officials recently visited Toulouse and Seattle in anticipation that ...
-
News
New accord seals open skies deal
The well known disunity of the US airlines, and their equally known derision of the Department of Transportation in Washington, were set aside recently as they voiced approval of DOT's successful renegotiation of the US-Canada bilateral. One by one, airline CEOs were quoted in press releases praising transportation secretary Federico ...
-
News
Give Commission a clear mandate
Divisions in Europe on US bilaterals and state aid threaten the internal market Less than two months after moving to Brussels to take up his position as the new European transport commissioner, Neil Kinnock finds himself surrounded by controversy. In his early dealings he has adopted a spirited approach, ...
-
News
AMR cuts go to the core
Restructuring of the executive ranks at AMR Corp is widely considered cosmetic for the short term, with an eye towards labour negotiations. However, the restructuring is also focusing on preparing for longer term goals such as forming partnerships and joint ventures, especially in information technology. Robert Crandall turned ...
-
News
Pulling back from USAir
USAir's mired labour negotiations and six year streak of losses have finally convinced fabled investor Warren Buffett that the airline has been a bad investment. However, the decision by his investers Berkshire Hathaway Inc to write off $268.5 million of the carrier's stock - 75 per cent of its holding ...
-
News
Sabena aided in opt-out?
The momentum built up around Swissair's plans to take a 49 per cent stake in Sabena after the Belgian government granted an exemption on part of its flag carrier's social cost obligations, could yet falter as the opt-out comes under the scrutiny of the European Commission. Sabena stands ...
-
News
Sunny prospects
The future of the European charter industry looks bright despite increased threats from liberalisation and low-cost scheduled competition. Paul Holubowicz reports on the sector's considerable strengths.The imminent demise of the European charter sector has been regularly predicted since the 1970s, when 'charter' was often considered to be synonymous with a ...