All Strategy articles – Page 1016
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News
Fictitious aircraft
Some transactions that may fall short of criminal fraud can nevertheless result in heavy losses, court actions and deep unhappiness. When businessman Thor Tjontveit and his Dallas-based company Air Alaska (also trading as World Pacific Air Lease Inc) were ordered by a New York court to pay compensatory and ...
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Get your aircraft economics right
Operating ageing aircraft can be an expensive business, as cost figures for the US majors clearly demonstrate. But how great is the cost difference between old and new? There has always been a trade-off between the cheap acquisition cost of older aircraft and the slick operating economics of modern types. ...
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Swissair resists Air France deal
Any remaining speculation that Swissair could be headed for an alliance with Air France has been brought to an abrupt end, with group chief executive Philippe Bruggisser taking the opportunity of the SAirGroup annual results round to kill the possibility stone dead. Speculation had rested on the alliance ...
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Fine extends range with Arrow addition
Fine Air's purchase of Arrow Air could make it the largest of Miami's all-cargo international airlines, and will certainly extend its reach into South America. Fine Air has been seeking growth through acquisitions for some time. Last year it completed a $120 million bond offering that insiders predicted ...
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Marketplace
Delta Air Lines has taken delivery of its first Boeing 777-200ER ahead of a planned entry into commercial service on transatlantic routes from 1 May. The 277-seat Rolls-Royce Trent-powered aircraft will initially be operated between Atlanta and London and, from September, between Cincinnati and London and Atlanta and Frankfurt. The ...
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Proposed US-EU dialogue may ease tensions
Alan George/BRUSSELS The European Union and the US Government have discussed the establishment of a 'structured dialogue' aimed at defusing aviation tensions between the two sides. The talks, between EC Transport Commissioner Neil Kinnock and US Transportation Secretary Rodney Slater, took place in Brussels last week. Slater went to ...
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Good business
Air Namibia plans to make its fortune by cutting costs, increasing income and building partnerships Stewart Penney/WINDHOEKA new managing director at Air Namibia is determined to reverse the carrier's flagging fortunes and prepare it for privatisation by aggressively attacking costs while increasing income and creating a series of alliances. The ...
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BA gives Sheffield a boost
Andrew Doyle/SHEFFIELD Newly established Sheffield City airport in the UK has received a major boost with the decision by British Airways franchisee British Regional Airlines (BRAL)to launch a hub operation there later this year. The only scheduled flights at the airport, which opened in February 1998, are operated by KLM ...
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Asian lows
Asia's economic woes continue to trouble the region's airlines Andrzej Jeziorski/SINGAPOREAsia's airlines are wallowing in the depths of the region's economic crisis, with traffic and yields down and little evidence of any imminent recovery. The depth of the crisis was highlighted by Cathay Pacific Airways' recent revelation that it fell ...
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SIA buys into Ansett Australia
Paul Phelan/MELBOURNE Singapore Airlines (SIA) is to share ownership of Melbourne-based domestic carrier Ansett Australia with Air New Zealand after agreeing to buy out the 50% stake in Ansett Holdings held by the News Limited media group. The deal means that the two flag carriers will also hold equal stakes ...
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Alitalia responds to BA's Italian strategy
Chris Jasper/LONDONAlitalia has begun a feasibility study into the launch of a regional carrier serving southern Italy in a move which counters British Airways plans to establish a franchise airline based on Rome and Palermo. The Italian flag carrier's study - which is to be completed by June - aims ...
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SAA widens alliance with Ghana Airways
South African Airways and Ghana Airways are to extend their codeshare ties into a wider long-term commercial alliance. Signing the memorandum of understanding on the deal in Johannesburg, SAA chief executive Coleman Andrews said Ghana Airways will become a key partner in the South African airline's networking plans in ...
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Devaluation forces Varig aircraft and route cuts
Paul Lewis/WASHINGTON Brian Homewood/RIO DE JANEIRO Varig Brazil has announced cuts in international services to the USA and Europe and plans to withdraw its fleet of McDonnell Douglas DC-10-30 passenger aircraft by the end of the year as a massive Brazilian currency devaluation begins to affect airline traffic. ...
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Spanair is first to order heavy A321 as it opts for Airbus fleet
Andrew Doyle/LONDONSpanair plans to launch a new high gross weight version of the Airbus A321 as part of its commitment for up to 45 Airbus narrowbodies to replace its ageing Boeing MD-80 fleet.The carrier - Spain's second largest after Iberia - has signed a memorandum of understanding covering 21 firm ...
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Marketplace
Monarch Airlines is to add an International Aero Engines V2533-A5-powered Airbus A321-200 in March, on lease from Singapore Aircraft Leasing Enterprise. Boeing has delivered the first two 757-300s to launch customer Condor. Five more are due for delivery by July. Frontier Airlines is taking two hushkitted Boeing 737-200s on lease ...
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Mandarin plans fleet revamp
Brent Hannon/TAIPEI China Airlines (CAL) subsidiary Mandarin Airlines plans to acquire at least four Next Generation Boeing 737s when the merger with Formosa Airlines is completed later this year. The CAL board approved the Mandarin/Formosa merger this month and plans to complete the changes by the end of the third ...
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ICAO figures show improvements in safety
There were 22 accidents involving passenger fatalities on scheduled airlines in 1998 according to figures released by the International Civil Aviation Organisation (ICAO). This compares with 27 fatal accidents in the same category during 1997. Passenger fatalities last year were 909, against 930 in 1997, but ICAO points out ...
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Elegant stretch
Guy Norris/LOS ANGELES This month, Condor took delivery of the first 757-300, the longest single-aisle aircraft ever built by Boeing in Renton It has been a long time coming, but the stretched 757 is here. An astonishing gap of 18 years separated the launch of the baseline aircraft and that ...
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Flightsafety secures long-term deals for regional jet training
Graham Warwick/WASHINGTON DC FlightSafety International (FSI) has signed long-term training agreements with three regional airlines to build and operate regional jet simulators. Under a 15-year deal with American Eagle, FSI will build its first simulator for the Bombardier Canadair Regional Jet (CRJ) Series 700. The machine will be ...
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UPS contract leads Thomson to Windows NT
Thomson Training &Simulation (TTS) has launched a Windows NT-based full flight simulator with an order from United Parcel Service. TTS says the simulator, for the Airbus A300-600R, will be the world's first to feature a PC-based real-time computing architecture using the Windows NT operating system. Presently, the company uses ...