All Strategy news – Page 988
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News
Routes
British Airways is launching a new three times daily route from London Gatwick to Hanover, operated by franchise partner CityFlyer Express. United Airlines is introducing 20 new daily nonstop flights to key Californian business destinations, including Santa Barbara, Medford, Reno, Palm Springs and San Diego, from its Los Angeles hub. ...
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British Midland deal helps boost Star's presence at Heathrow
Laura Hailstone/LONDON British Midland (BM) has confirmed its much-anticipated entry into the Star alliance. This follows Lufthansa's acquisition of a 20% stake from partner SAS for £91.4 million ($150 million). The deal, which will see SAS' shareholding reduced to 20%, gives Star more than a quarter of all movements ...
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Belgian Government to decide on future of its stake in Sabena
Herman De Wulf/BRUSSELS Belgian transport Minister Isabelle Durant is pushing the government for a policy statement on whether it plans to sell its stake in national flag carrier Sabena. The new Belgian Government came to power in June but has yet to reach a conclusion about whether to hold ...
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Emirates turns class into marketable commodity
Mike Martin/DUBAI Emirates will consider taking a stake in other airlines - as it has with SriLankan - but will not rush into new ventures, Emirates chief director Group Services Gary Chapman said at the show. "We will consider opportunities with our feet firmly on the ground," says ...
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Air Canada submits offer: ATI
Air Canada is giving Canadian Airlines' shareholders until 7 December to accept its C$2-per-share bid for its major rival, after mailing the formal offer to the shareholders. The Montreal-based carrier has set up a new company to make the offer. Although the offer is to be funded by Air ...
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Marconi HUD system cleared for B737
Tim Ripley/DUBAI Marconi Avionics executives are celebrating being awarded Supplemental Type Certification (STC) by the US Federal Aviation Administration (FAA) for full operational use of the HUD 2020 Visual Guidance System (VGS) on Boeing 737-800 aircraft. "The award of STC to Marconi is a major milestone in promoting ...
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Dubai International Airport makes alliance with ENOC
Geoff Thomas/DUBAI Strategic alliances are the name of the game in aerospace -so it comes as no surprise that the Emirates National Oil Company (ENOC) is looking to forge new relationships...on the ground. Here at the airshow, ENOC and Dubai International Airport ground operator Dnata jointly commissioned a new ...
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Sheikh Ahmed looks to buy narrow bodies for Emirates
Alan Peaford/DUBAI Emirates Airline is to broaden its fleet with the acquisition of narrow-bodied aircraft to meet a growing demand for regional transport. Sheikh Ahmed bin Saeed Al Maktoum, chairman of Emirates and president of the Department of Civil Aviation, says he will be talking to both Boeing and ...
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Authorities taking no chances with Y2K compliance
Steve Nichols/DUBAI With the Year 2000 less than 50 days away the airline industry is feverishly putting the finishing touches to its Y2K 'millennium bug' programmes. Analysts point to Turkey, Egypt, India and South Africa as being the worst-prepared regions, although IATA Director General Pierre Jeanniot reports that: "Excellent ...
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Fujairah flies the flag with a pioneer promotion
Hugh McAtear/DUBAI Fujairah International Airport, the only airport on the east coast of the UAE, is here to highlight its unique position as a potential alternative to established airports in the region. The pioneer appearance at the show kicks off an international marketing push to promote both passenger ...
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Ikonos returns quality images from Space
Steve Nichols/DUBAI If you want a bird's eye view of Dubai, try visiting Space Imaging Middle East (E820). The company is showing some of the first high-resolution photographic images of the United Arab Emirates, taken by the recently-launched Ikonos satellite. Ikonos is the world's first commercial high-resolution imaging satellite, circling ...
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Airbus pegs regional market at $50bn up to 2020
Mike Martin/DUBAI Airlines in the Middle East and North Africa will buy $50 billion worth of aircraft over the next 20 years. That adds up to 620 aircraft, according to the latest Airbus Industrie market forecast. This prediction is 70 aircraft more than that forecast by Boeing earlier this week ...
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Face The Facts with...Nick Godwin
The regional aircraft sector has stolen the limelight at recent airshows. A string of blockbuster deals, renewed fierce competition in the market and a raft of new products on the drawing board have made the sector a byword for dynamism. Against this background, British Aerospace Regional Aircraft pursues a policy ...
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Rising fuel costs drive Russian carriers to tough measures: ATI
Struggling to cope with soaring aviation fuel prices, Russia¹s airlines are set to boost air fares by as much as 50% and cut back their flights. This year the cost of jet fuel in Russia has risen steadily in line with mounting world oil prices. In January, a tonne of ...
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Delta, Comair to head off litigation: ATI
Delta Air Lines and Comair have taken steps to smooth the major's proposed acquisition of the Cincinnati-based regional with an agreement-in-principle to settle litigation started by some Comair shareholders. The Atlanta-based airline says the agreement-in-principle has been reached to avoid the "burden, expense and distraction" of further litigation. The two ...
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$76m Oasis deal boosts leasing fleet to 10 aircraft
DUBAI Abu Dhabi-based Oasis International Leasing has bought three aircraft for its leasing portfolio. The $76.5 million deal brings the Oasis fleet to 10 aircraft. The three aircraft are: -A 1990-build Boeing 737-300 that is currently on lease to GO, the British Airways low-cost airline; -A 1992-build Boeing ...
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Merger creates a giant - ATI
Lessors AerFi Group and Indigo Aviation are to merge in a move that the companies say will create one of the world's largest independent aircraft leasing entities. AerFi of Ireland - the renamed GPA Group - and Indigo of Sweden say in a joint statement that the merger will occur ...
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Kuwait Airways, PAL link for Bangkok-Manila flights - ATI
Kuwait Airways (KAC) and Philippine Airlines (PAL) are entering into a co-operation agreement under which PAL passengers will be carried on the Kuwaiti carrier¹s flights between Bangkok and Manila - flights operated only because of the need for a technical stop. A PAL source says from Manila that the agreement ...
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Orders bonanza hope in wake of a Middle East travel boom
Alan Peaford/DUBAI Passenger air travel in the Middle East will grow at a faster rate than Europe or North America according to Boeing Commercial Airplanes Group. This will mean a huge demand for new aircraft over the next 20 years. Boeing spokesman Mark Hooper, addressing a pre-show briefing, says ...
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South Africa enters the jetliner business
South Africa is entering the jetliner business following a deal by Denel to manufacture components for the British Aerospace RJ airliner. The two companies have signed a letter of intent under which Denel Aviation will deliver rudders and ailerons to BAe Regional in the UK. Covering 18 sets a year, ...