All Strategy news – Page 998
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News
Reading the signs
Major carriers appear to be signalling their intent to rein back on excess capacity. Chris Tarry at Commerzbank looks at the signs and the possible influence of alliances in the equation. It does not take a degree in rocket science to realise just how testing this year has already been ...
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Passenger seat restraint
Kevin O'Toole Continuing fall-out from Asia's economic crisis reverberated around markets last year as is clear from the latest passenger airline rankings. But it is concerns over falling yields rather than traffic that are now taking centre stage. Last year posed something of a test of resolve for airline ...
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BA to axe 1,000 managers in bid to save profits
British Airways is to cut about 1,000 management jobs in a move it says is aimed at reducing costs to pay shareholder dividends. BA says it "will find additional savings of £225 million [$360 million] this year to deliver the profits that the City expects". Analysts had warned that ...
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Eurocontrol appeals for capacity increase
Eurocontrol is asking member states to commit to increasing national airspace capacity over the next five years so it can better predict future trouble spots. The move comes after European delays hit an all-time high in June, when 37.3% of all flights were delayed by more than 15min, according ...
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Canadian gets three-month deadline
Brian Dunn/MONTREAL Canadian Airlines has been given three months to find a financial lifeline, with Ottawa suspending competition rules for 90 days from 13 August to help the ailing carrier find a saviour. The Calgary-based airline seems unlikely to emerge from the period in its current form. Ottawa's move ...
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Mergers
Ground services provider Worldwide Flight Services of the USA is to buy Miami Aircraft Support for $66.4 million, giving it a presence at a total of 82 airports. Worldwide was previously owned by American Airlines parent AMR, but was bought by private investors in March. US third-party maintenance provider Aviation ...
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Sun glimmers
The closure of South African domestic carrier Sun Air is in doubt, with employees and trades unions lobbying Pretoria in a bid to save it, and a takeover by South African Airways (SAA) - which planned to close it - dependent on the write-off of a R25 million ($4 million) ...
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Marketplace
Finnair will cease its Saab 340 services from October, with the cancellation of wet-lease operations, as it concentrates on services with its fleet of nine ATR 72s. China Airlines has grounded its four remaining Airbus A300B4s and is offering them for sale. The airline is still searching for buyers for ...
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AeroPeru goes into liquidation after final rescue efforts fail
Paul Lewis/WASHINGTON DC Final hopes of finding a new financial backer for AeroPeru have been extinguished as creditors rejected four last-ditch rescue proposals and initiated moves to liquidate the grounded national carrier. "The creditors met to consider four proposals, none of which were acceptable-The creditors were obliged to ...
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KLM-Continental row hits Wings alliance
Chris Jasper/LONDON The planned launch of the so-called Wings alliance is in doubt after a disagreement between Dutch flag carrier KLM and Continental Airlines of the USA - two of the four major airlines that had been expected to launch the grouping this year. Sources close to the pair ...
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Strategic stretch
More than a long-range niche filler, Boeing's 767-400ER promises to bring new life to the entire big twin family Guy Norris/LOS ANGELES Boeing's big twinjet strategy takes another important step forward on 26 August when the 767-400ER is officially rolled out of the company's Everett assembly site in ...
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Sun sets on Sun Air
South African domestic carrier Sun Air has become a casualty of the country's air fares price war and weak currency (Flight International, 11-17 August). The top-end carrier ceased operations on 13 August and is to be put into liquidation by shareholders Comair and South African Airways. SAA agreed to ...
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Association broadcasts live TV plan
The World Airline Entertainment Association's (WAEA) technical committee will turn its attentions to live broadcast satellite service once it completes the specification for the in-flight use of digital versatile disk (DVD) next month. With several airlines interested in offering passengers live television services, the WAEA is keen to resolve ...
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KLM uk restructures as low-cost plans emerge
KLM uk is reorganising its network and fleet deployment as it prepares to take on European rivals with a low-cost division. The London Stansted-based subsidiary of Dutch carrier KLM says it will begin dropping six domestic and international routes from September, to enable it to boost capacity on services ...
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Oneworld proposes one frequent flier plan
Chris Jasper/LONDON The American Airlines/British Airways-led oneworld airline alliance has developed a plan that could see the merger of member carriers' frequent flier programmes (FFPs) under a standalone company. Oneworld airlines have set up a project group to explore FFP options under the codename "Monaco". BA director of alliances ...
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American top
Flight International's Top 50 Airlines survey has revealed that American Airlines parent AMR remains the world's biggest airline group, with a turnover of more than $19 billion in 1998. Delta Airlines flew the most passengers - 105 million - and United Airlines is number one in terms of traffic, with ...
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Colour change for Caledonian
Max Kingsley-Jones/LONDON Flying Colours will begin absorbing its sister charter carrier Caledonian Airways in November, with the two airlines to officially become one next summer. A rebranding of the entire Thomas Cook travel group, which owns Flying Colours, is expected to be revealed early next month. The merger ...
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Smart card paves way for trouble-free travel
Passengers holding a multifunction smart card which operates as a passport, visa, and biometric identity tag "could enjoy a truly hassle-free experience from check-in to final clearance at destination", predicts International Air Transport Association (IATA) director general Pierre Jeanniot, speaking at the Aerovision 2000 Symposium in Vancouver, Canada. Effective ...
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Marketplace
Fairchild Aerospace has delivered the first two 328JETs to launch customer Skyway Airlines. Skyway has five aircraft on firm order with 10 options. It will put the 32-seat regional jet into revenue service following completion of pilot training in San Antonio, Texas. Continental Airlines has revised its fleet retirement plan, ...
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FAA revises pilot rest rules after MD-80 incident
Revised rules on rest periods for commercial pilots should be ready for review by the end of this year or early next, with the US Federal Aviation Administration drafting new regulations. The latest attempt to update rest requirements for commercial transport pilots follows years of unsuccessful attempts to reach ...