All Strategy articles – Page 1026
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El Al steers course towards profit and privatisation
Max Kingsley-Jones/LONDON El Al is on target to record its first profit for two years as it aims to begin its privatisation process by the middle of 1999. The airline is also close to finalising an order for up to five long haul aircraft. The airline's president, Joel ...
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Japan Airlines edges towards oneworld tie-up with BA talks
Andrzej Jeziorski/TOKYO Japan Airlines (JAL) is to explore a passenger codeshare agreement and a merger of frequent flier programmes with British Airways as another step towards eventual possible membership of the growing oneworld alliance. According to airline sources in Tokyo, a verbal agreement to hold talks on passenger ...
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Alaska Air plans marketing pact with American
Alaska Airlines and regional affiliate Horizon Air have signed a letter of intent to enter a marketing partnership with American Airlines and American Eagle. Despite the tie-up, Alaska hopes to maintain its partnership with Northwest Airlines. Bill Ayer, president of Alaska Airlines, says the deal "considerably strengthens Alaska's and ...
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Indian Airlines to order six ATR 42-500 turboprops
Indian Airlines is to order six ATR 42-500 turboprop airliners from the Franco-Italian ATR company. The deal also marks the start of a manufacturing cooperation between Hindustan Aeronautics (HAL) and the European aerospace concern. "Indian Airlines has not conveyed its decision to us, but its board has approved the ...
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Volvo expands
Volvo Aero has acquired a 66.6% holding in Norwegian engine repair and component manufacturer Norsk Jetmotor. The take-over of the Kongsberg-based company is still subject to Norwegian Government approval. Source: Flight International
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Frontier share purchase makes Vanguard tie-up a possibility
The main shareholders of Kansas City-based Vanguard Airlines have taken an 8% shareholding in Denver-based Frontier Airlines and hinted about a possible combination of the two regional US airlines. The investors, headed by William Hambrecht, say that it is desirable for Frontier to explore various relationships with Vanguard or ...
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Developing crisis
It is a nightmare scenario for any company. Immense production problems are overcome at huge expense, just in time for the market to collapse. For Boeing, the timing could hardly be worse. As quickly as the company's production recovery takes effect, the deepening impact of the Asian economic crisis starts ...
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Swissair reveals Express brand
Swissair is introducing an Express brand to coincide with the launch on 5 November of wet-lease services by Debonair of the UK on behalf of the Swiss flag carrier and Italian independent airline Air One. Debonair will operate one of its British Aerospace 146-200s, painted in Swissair Express colours, ...
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Oneworld infrastructure begins to take shape
Paul Lewis/WASHINGTON DC Airline efforts to establish working arrangements for the recently unveiled oneworld alliance are intensifying, with the first meeting of chief executives from the five founding members and the proposed creation of a new common ground-handling operation in Europe. The heads of American Airlines, British Airways, ...
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Swiss World seeks protection from bankruptcy
Swiss World Airways (SWA) suspended operations on 2 December after suffering consistently poor load factors on its single route between Geneva and New York Newark. The airline has informed the Swiss Federal Office for Civil Aviation (OFAC) that it is seeking Chapter 11-style bankruptcy protection through the courts and ...
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The precision approach
David Learmount/CAPE TOWN Learning only from serious accidents and incidents is a flawed way of advancing flight safety. It took until the 1990s to create a system which is more effective and workable, and until now to persuade most of the world's regions to consider adopting it. The system ...
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KLM reveals plans for cargo alliance
Max Kingsley-Jones/LONDON KLM has revealed a three-stage plan that will lead to the setting up of a standalone cargo airline early in the next decade in a joint venture with its alliance partners, Alitalia and Northwest Airlines. The plan is part of the recently finalised link between KLM ...
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'It's a sad ending', says Mesa as it settles all WestAir claims
Ramon Lopez/WASHINGTON DC Mesa Air Group has settled all claims by aircraft and equipment lessors against Mesa's defunct WestAir subsidiary for about $15 million. WestAir had operated United Express service for United Airlines until the partnership was dissolved on 31 May, making 43 leased aircraft idle. Jonathan Ornstein, ...
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Government saves Air Namibia
Hilka Birns/CAPE TOWN The Namibian Government has injected N$20-million ($3.7 million) into Air Namibia and has appointed a Malaysian financier to restructure, and re-capitalise the troubled national carrier as a state-owned company. The move takes the airline out of the control of state holding company TransNamib, which has ...
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Air France plans US link to pave the way toward a global alliance
Julian Moxon/PARIS Air France expects to join a global airline alliance based on an agreement with one of its two US partners, "before the end of 1999", according to the airline's president Jean Cyril Spinetta. The signing of the co-operation pact between KLM and Alitalia on 27 November ...
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Aer Lingus will sign up strategic partner 'by the first half 2000'
Max Kingsley-Jones/LONDON Aer Lingus should be ready to decide on its strategic partner by the end of the first quarter of 1999, enabling a firm agreement to be finalised during 2000. The airline's executive vice-president for Europe, Richard Luchente, says that the carrier is discussing a strategic partner ...
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Pembroke breaks Boeing 717 drought with order for 10
Irish lessor Pembroke Capital has broken the Boeing 717 order drought with an order for 10 of the 100-seat twinjets, for delivery between March 2000 and May 2001. The contract, valued at about $320 million based on list prices, takes the 717's firm order backlog to 65 aircraft. Pembroke ...
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GPA sale
Air Canada has sold its remaining 10.2% interest in leasing company GPA. The bulk of the shares have been acquired by a Texas Pacific Group subsidiary, although other shareholders have also purchased shares. Air Canada will realise an after-tax gain of C$18 million ($11.7 million) on the sale. Although the ...
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Marketplace
-Bombardier has confirmed the BWIA International Airways order for two new Dash 8Q-300s for delivery in mid-January 1999, plus options on another two. -Icelandair has converted two of its five options for Rolls-Royce RB211-powered Boeing 757-200s, for delivery in 2000 and 2003. -Danish charter airline Sterling European Airlines will ...
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Northwest eyes regional jets
Ramon Lopez/WASHINGTON DC Northwest Airlines is expected to decide early next year whether to equip its Memphis, Tennessee-based Northwest Airlink subsidiary, Express Airlines I, with regional jets, according to industry sources. The matter was discussed at the US major's recent board meeting, but a decision was put off ...