All Strategy news – Page 1175
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A gift for niches
With its gradual privatisation and firm focus on being a successful niche carrier, Finnair sees only benefits in Finland's entry into the European Union. Sara Guild visits Helsinki. The special gifts that might be expected to come with being the official carrier for Santa Claus since the 1980s have ...
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The ratings trap
Low ratings from the two dominant financial rating agencies - Moody's and Standard & Poor's - have deprived many carriers of access to unsecured debt and increased the cost of other financings. Mead Jennings reports. Pity the poor airline treasurer. Amidst the uncertainty of the volatile airline industry, ...
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Turnup for the books
Cancellations dropped sharply in 1994 and orders look set to recover this year. But the delivery upturn is still two years away and the outlook remains tough for major and regional aircraft manufacturers alike. Mark Odell reports. No-one expected any different in 1994 as aircraft orders remained in the doldrums. ...
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More to gain in Ukraine?
Two-year-old startup Ukraine International Airlines is building on projected annual growth rates of 25 per cent, while its capital Kiev could ultimately challenge the supre-macy of Moscow as an international hub for the CIS states. At the same time the carrier's senior management is talking with potential partners, ...
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Indian stake in question
The high hopes of ModiLuft's management to pull Lufthansa in as an equity partner appear threatened by a claim from a US consultancy on 40 per cent of the carrier's equity. ModiLuft has made no secret of its desire to have the German major as an equity partner, ...
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Oxford Cartographers develops new route-mapping concept
OXFORD Cartographers has developed a new concept in map imagery, which offers airlines a three-dimensional alternative to conventional "flat and featureless" route maps and inflight route-tracking displays. The UK mapmaker has based its "space" view of the Earth, on the photographic reproduction, of a specially modeled globe. ...
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CAE cautiously optimistic for 1995 sales
CAE ELECTRONICS expects commercial flight-simulator sales to increase slightly in 1995, but the Canadian simulator manufacturer admits that it will be a challenge to maintain the 75% market share it achieved in 1994. Vice-president for sales and marketing, Andy Morris, says that CAE won 12 of the 16 ...
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Air Inter strikes threaten Blanc restructuring plan
CONTINUING STRIKES at French domestic carrier Air Inter are threatening the restructuring plan for the entire Air France Group. The trouble centres on the loss of up to 660 jobs, as part of the restructuring plan under which in 1997 will be merged Air Inter's European operations, with ...
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Asia-Pacific firms cautioned on markets
AIRBUS HAS WARNED that emerging Asia-Pacific aerospace industries may be attacking the wrong market with their emphasis on regional jets. The warning is based on the latest Airbus long-range forecast, which shows that airlines in Asia-Pacific will account for only 10% of airliner deliveries in the 100-seat class. ...
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KLM to boost airline holdings other carriers
DUTCH FLAG CARRIER KLM is to increase its holdings in Martinair Holland and Air UK. KLM will take its holding in Martinair from 33.82% to 50% at the same time as the other major shareholder, Nedlloyd, increases its stake from 49.19% to a full 50%. The ...
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Bilateral Impasse
As US air-services negotiators, return from an apparently promising meeting with their British counterparts, and the European Commission (EC) suddenly discovers that it doesn't like what the US negotiators have agreed with the rest of Europe, a new question arises. Who really talks for Europe, and who really talks for ...
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Independence for Lufthansa school
LUFTHANSA'S AIRLINE pilots' school is to be renamed the Lufthansa Flight Training and run as an independent company. The move is the last major restructuring project in the Lufthansa Group. Lufthansa Technik, Lufthansa Cargo and Lufthansa Systems have all been turned into independent companies. ...
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Pacific bus stops
Hawaiian operators plan to tap a predicted growth in South Seas tourism. Guy Norris/HONOLULU Hawaiian guitar music wafts across the palm-fringed beach near Waikiki on a balmy afternoon. High overhead, locally based airliners look like partners in paradise as they shuttle to neighbouring islands. ...
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Cathay issues cost warning despite rise profit rise
Paul Lewis/SINGAPORE CATHAY PACIFIC Airways has issued further warnings over falling yields and rising costs, despite reporting a 4% increase in net profits for 1994. Profits ended the year broadly in line with analyst expectations at HK$2.4 billion ($310 million), but Cathay chairman Peter Sutch ...
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Keeping in touch
Air-to-ground telephones for airline passengers are becoming more commonplace. Graham Warwick/ATLANTA Passengers on certain British Airways flights are the first in the UK to enjoy something US air travelers have come to expect - air-to-ground telephones on aircraft. BA is the first airline to put ...
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Paradise found by Navcom Aviation
NAVCOM AVIATION is attempting to launch a scheduled airline called Paradise Air, using the assets and certificate of the former UltrAir. Scheduled and charter services are due to begin soon using one Boeing 727, possibly flown by ex-UltrAir pilots, linking Washington Dulles and New York Kennedy airports. Houston-based ...
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Qantas profit clears the way for privatisation
Paul Lewis/SINGAPORE QANTAS AIRWAYS reports a profit increase of nearly 80% over the first half of its financial year, clearing the way for the Australian Government to sell its remaining 75% stake. The results, likely to be the last before the long-awaited share flotation, shows ...
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Space Shuttle could be privatised
A SPECIALIST PANEL appointed by NASA has recommended that the majority of Space Shuttle operations should be privatised. The panel recommends that one of the current programme contractors be appointed as prime contractor and the Shuttle's launch procedures, maintenance and management simplified. NASA operates the Shuttle ...
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Air France opens talks on fleet restructuring
Gilbert Sedbon/PARIS AIR FRANCE has opened talks with Boeing and Airbus over its fleet restructuring, says chairman Christian Blanc, warning the European consortium that its place is not guaranteed. Air France is committed to carrying out a heavy rationalisation of its fleet under the three-year restructuring ...