All Strategy articles – Page 1001
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SIA inspires Airbus wrath with A340 sale to Boeing
Singapore Airlines (SIA) sparked a storm of controversy in late June with the surprise announcement that it was not only firming up options on 10 Boeing 777-200IGWs, but trading in its Airbus widebody fleet to do so. While the 777 order was straightforward enough, SIA revealed that Boeing had ...
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SIA plans spending spree on shares
Singapore Airlines (SIA) is planning to spend up to S$1 billion ($586 million) on a share buy-back that may signal a departure from the carrier's strategy of directing its capital reserves towards airline purchases. Cash-rich SIA has in the past year pursued stakes in China Airlines, South African Airways, Thai ...
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Marketplace
Gandalf Airlines, based in Bergamo, Italy, has taken an ATR 42 on wet lease from Gill Airways for operation on services from Bergamo to Munich and Zurich. The deal was arranged by Cabot Aviation. China Airlines has signed a wet lease with Atlas Air for two 747-400 freighters. Singapore Airlines ...
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BA CityFlyer takeover approved
Chris Jasper/LONDONBritish Airways has won UK Government approval for a £75 million ($117 million) takeover of its franchise carrier CityFlyer Express. The planned purchase had been referred to trade secretary Stephen Byers amid claims that it was anti-competitive in terms of its likely impact on control of slots at London ...
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Airbus plans to thwart Boeing's SIA deal
Andrew Doyle/MUNICH Airbus Industrie has drawn up a confidential business plan aimed at frustrating Boeing's efforts to remarket 17 A340-300s it is to acquire from Singapore Airlines (SIA)as part of a recent 777 deal. The consortium declines to comment on the plan, but a source familiar with its contents says: ...
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DHL poised to take British Airways 757s
Max Kingsley-Jones/LONDON British Airways is in final negotiations with express package specialist DHL for the sale of almost half of the UK airline's Boeing 757s, with a deal expected to be concluded in the coming months. The transaction, valued at around $500 million (including conversions), would give Boeing a launch ...
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50 years ago...
As Airbus fine tunes its A3XX design, the world celebrates a half century of jet travel On Wednesday 27 July, 1949, the world's first jet airliner, the de Havilland (DH) 106 Comet, made its first flight from Hatfield airfield, just north of London. That historic half an hour trip marked ...
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Pan Pacific plans for Let L-420 flights to small US communities
Graham Warwick/WASHINGTON DC Pan Pacific Airways' plans to serve small communities in the north-western USA are back on track after the company agreed to acquire Czech-built Let L-420s. An aircraft arrived in mid-July to enable training to begin. Burlington, Washington-based Pan Pacific hopes to begin operations by year-end. Chairman and ...
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MD-10 speeds up as passenger version is studied
Boeing is talking to potential customers about developing a passenger version of the MD-10, as it considers accelerating the cargo-led programme by up to three months. US express carrier FedEx is so far the only customer for the MD-10 conversion of the DC-10, with orders and options for 120. ...
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Taking on the dollar
Jack Sellsby/LONDON When the euro was introduced at the start of this year, it became a huge source of new currency financing almost overnight, although the airlines were not the quickest of the corporates to take advantage. But like any other industry on the lookout for fresh, plentiful finance ...
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Eurocontrol delays steps to taking regulatory powers
Emma Kelly/BRUSSELS Eurocontrol's Council has delayed until October a decision on whether to approve plans to consider granting the air navigation organisation regulatory powers to force member states to make urgent air traffic management (ATM) improvements. The move comes as Europe's air traffic control (ATC) system is facing a summer ...
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SAA's cost cutting turns loss into profit
South African Airways (SAA) has revealed a R51 million ($8.32 million) profit for the 12 months to the end of March. The state-owned airline, which last month agreed to sell a 20% shareholding to SAirGroup of Switzerland, recorded a R244 million loss the previous year. The turnaround in fortunes ...
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Control freaks
It often takes a crisis to unite an industry and push participants into much-needed action. A crisis is exactly what Europe's air traffic control system is facing this summer, and Eurocontrol, Europe's air navigation organisation, freely admits it. The signs are already there. Last summer's system performance was poor, ...
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SabreTech faces ValuJet murder charge
Ramon Lopez/WASHINGTON DC SabreTech, the maintenance contractor for the former ValuJet Airlines, says it will "vigorously defend" itself against murder and manslaughter charges brought by Florida state prosecutors. It also faces federal grand jury criminal indictments. The charges relate to the crash of a ValuJet McDonnell Douglas ...
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Gemini set to double cargo capacity
Gemini Air Cargo plans to double the number of freighters it operates by the end of 2000 from nine aircraft. The increase is the result of major US investor The Caryle Group acquiring a majority stake in the carrier. "Caryle will be an excellent financial partner in the next ...
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Star Alliance pursues French and German rail options
Julian Moxon/PARIS French railway company SNCF is considering a move that could see it become the first "non-airline" member of the Star Alliance - although it has not yet dismissed alternative options which could see it do a "train/plane" deal with a single airline, or open its route network ...
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China Southern begins merger talks with Air China
Chris Jasper/SHANGHAI China Southern Airlines has confirmed that it has held talks with flag carrier Air China over a possible merger that would bring together two of the country's three biggest airlines. China Southern says that its parent, Southern Airlines Group, has held preliminary talks with Air China which ...
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777 operators object to GE as sole supplier
A growing number of Boeing 777 operators are signalling displeasure over the selection of General Electric as the sole source powerplant supplier for the 777X, as potential launch customers receive offers of the ultra-long-range derivative. United Airlines has made its disapproval known by unveiling an order for more Pratt ...
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A340 beats 777 at China Airlines
China Airlines (CAL) has selected the Airbus Industrie A340-300 over the Boeing 777-200 for its long haul requirement as part of a larger refleeting plan totalling 24 aircraft. It includes orders for additional Boeing 747-400 freighters and 737-800s. The Taiwanese flag carrier, after a prolonged evaluation, is planning to ...
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Routes
Japan Airlines (JAL) plans to codeshare with Iberia on Amsterdam-Madrid and Amsterdam-Barcelona routes from October. JAL and KLM co-operate on the Amsterdam-Spain routes, but this would end if the JAL/Iberia link is confirmed. Continental Airlines launched the first non-stop connection between Cleveland, USA, and London Gatwick, UK, on 1 July, ...