All Strategy news – Page 998
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News
Cargo on-line
PETER CONWAY LONDON A new system aims to bring air cargo into the Internet age. But is the model right for the market? For the past year, former McKinsey consultant Todd Morgan, together with his colleague Doug Ash, ex-managing director of global freight forwarder MSAS, have been touring airline and ...
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Australian challengers faced with airport constraints
Severe airport capacity constraints are a major obstacle to plans by Virgin Australia, Impulse Airlines and Spirit Airlines to take on Australia's established carriers. Their problems date back to 1988, when Australia still operated its tightly-regulated Two Airline Policy. At that time Canberra granted Ansett and Australian Airlines (later ...
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CAL parent misses sale deadline
NICK IONIDES SINGAPORE The parent of China Airlines (CAL) has missed an end-of-1999 deadline for the sale of at least half of its 71% stake in the Taiwanese carrier. Although the company claims the sale deadline has only slipped, sceptics are again doubting its resolve to give up control. ...
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Canadian hopefuls flex their muscles
DAVID KNIBB SEATTLE Two start-ups and two incumbents are moving to fill the vacuum expected to result from Air Canada's takeover and makeover of Canadian Airlines. While none aspire to become a new Air Canada or Canadian, they foresee profitable low-cost, low-fares niches. Regional Airlines Holdings, led by ...
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Routes - Americas
Southwest adds Albany Southwest Airlines is adding Albany in New York to its list of cities served, continuing its spread into the US north east. Flights will begin in May. Southwest, which has added seven north-east cities to its network since 1993, says expansion will continue. Mexican Express ...
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Analysts see Sabre sell-off as positive move for AMR
JANE LEVERE NEW YORK AMR's long-anticipated decision to spin off Sabre, its global distribution system, appears to have created a win-win situation for both companies. In March, American Airlines' parent company AMR, which has owned 83% of Sabre since a 1996 initial public offering, will spin this stake off ...
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Crystal joins list of US hopefuls
KAREN WALKER WASHINGTON DC Following a dearth of activity in the late 1990s, the US start-up scene is off to a flying start in the new millennium. The latest entrant is Tampa, Florida-based Crystal Airways, which intends to launch a low-fare, all-business-class service in the first quarter of this ...
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Mexico orders TAESA to raise new capital
DAVID KNIBB SEATTLE Officials have told Mexico's third largest airline to improve its financial viability by raising $130 million in new capital within the next 90 days. Taesa is putting a positive spin on the conclusions of a government audit by using them to entice investors. The investment order ...
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KLM uk sets off for low-cost growth
COLIN BAKER LONDON KLM uk has joined the low-fare club as its new buzz brand took to the air in January. It backs predictions that low-cost traffic will triple in the next four years. Floris van Pallandt, KLM uk's chief executive, dismisses suggestions that the London Stansted-based carrier has been ...
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In the right direction
The virtuous trend towards capacity constraint with which the industry ended last year appear to be holding steady. Kevin O'Toole and Chris Tarry of Commerzbank look for early signs. A couple of months into the new decade and it seems that the industry's resolve is holding. Towards the end ...
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In Brief - Europe
Aer Lingus to be floated The Irish Government has opted to go ahead with an initial public offering for Aer Lingus, rather than offer the oneworld partners a strategic stake in the airline. The flotation is expected late this year or early 2001. The carrier says the exact timing, ...
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Iberian carriers strike alliance deals
BARRY CROSS LONDON Portugal's TAP and Portugália have signed a memorandum of understanding to re-establish co-operation, while Spain's Air Europa is linking with "Wings" . The TAP-Portugália deal, announced in December, revives commercial relations which had been broken off by Portuguese flag carrier TAP 12 months previously. During the summer, ...
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British Airways moves towards Internet network
British Airways has begun a major move towards use of the Internet Protocol (IP), signing a five-year $250 million contract for SITA to provide it with an IP-based global network infrastructure. The development will allow BA to add new systems on the IP network rather than on existing ...
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Sun Air recovery hopes hit by SAA deal with Safair
ROGER MAKINGS JOHANNESBURG The saga over the liquidation of South African domestic carrier Sun Air has taken a further twist. Liquidators claim to have unearthed a deal between South African Airways (SAA) and leasing company Safair which effectively kills any chance of revival for the defunct carrier. SAA's bid ...
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Reform minded
NICHOLAS IONIDES TOKYO Kichisaburo Nomura's appointment as ANA president surprised many observers two years ago and the shocks have continued as he has reshaped Asia's largest passenger carrier. It is probably an understatement to say that Kichisaburo Nomura has surprised observers since his appointment over two years ago as president ...
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Slow change
NICHOLAS IONIDES TOKYO The final changes in Japan's painstakingly slow aviation deregulation, from April, will at last pave the way for more new start-ups For a country that so often leads the world in technological innovation, it is ironic that change in other areas can be painfully slow in ...
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Regional rumba
BRIAN HOMEWOOD RIO DE JANERIO South America's regional scene is shifting rapidly; regional jets, economic upheavals, loosening of government restrictions and the scramble to secure partnerships with major carriers are all having an impact. The idea of travelling on a regional airline in South America usually evokes thoughts of ...
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Finding a new deal
Airline Business looks at the state of finance markets as carriers continue to find innovative ways to keep aircraft liabilities off the balance sheet. A new survey also covers the world's major operating lease companies, including a ranking of the Top 40 groups by fleet value. JACK SELLSBY ...
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British Midland Commuter starts CityLine services
Andrew Doyle/COLOGNE British Midland Commuter was due to start flying services for Lufthansa CityLine on 1 February as part of a deal that will see the UK carrier take over the bulk of the routes from Munich operated by bankrupt Debonair. The wet-lease deal, which was close to ...
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Italy clamps down on small regionals
Italy's civil aviation authority, Enac, has clamped down on several of the country's small regional airlines in its first moves to tighten regulatory inspections following its reorganisation in 1997. Air Sicilia is back in operation following the grounding of the chief pilot for failing to comply with numerous procedural ...