All Strategy articles – Page 1032
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News
Pilot strife hits Asia
Cathay Pacific Airways and Royal Nepal Airlines have lengthened the list of Asian carriers suffering from discontented pilots. Troubled Royal Nepal suffered a serious problem in March when its pilots went on strike, grounding the carrier for 10 days. The dispute stemmed from the Kathmandu-based airline's controversial ...
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News in Brief
AirTran profit - AirTran has posted a profit for the first three months of the year, reporting net income of $3.1 million compared with a net loss of $7.9 million in the first quarter of 1998. Boeing reshape - Boeing has restructured its finance organisation in a ...
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News in Brief
Slot exchange - A UK high court has ruled that the former Air UK, now KLM uk, did not illegally sell its Guernsey slots at London Heathrow to British Airways. According to the presiding judge in the case brought by Guernsey, the fact that the exchange was unequal - Air ...
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Growth continues
Regional airlines continue to thrive around the world, with traffic and profits climbing again last year, as the latest rankings indicate. But there are structural issues on the horizon as Kevin O'Toole, Karen Walker, Jackie Gallacher and Tom Gill report. And so regional markets continue to boom. Equipped with ...
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Iberia sues pilots for strike damages
Iberia is the second major airline in less than two months to sue its pilots, but American Airlines pilots have jumped to their help. Spanish pilots' union Sepla, which has announced a halt in months of escalating industrial action, is facing a possible fine of Ptas4.3 billion ($29 ...
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but UAL doubts US-UK open skies
United Airlines is losing faith that a UK-US open skies deal will ever materialise despite industry hopes that progress is at last being made. Despairing of the lack of progress towards a new UK-US air transport pact, Michael Whitaker, United's vice-president international and regulatory affairs, claims that "there ...
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No flag in its future
Venezuela has been without a flag-carrier since Viasa's demise. With no heir apparent, David Knibb assesses where the country heads from here A single day in March said much about the transition under way in Venezuela's airline industry. Workmen changed the doorlocks of the offices of Venezuela's new director general ...
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New Greek hopefuls line up
The spawning of domestic start-ups in the Greek market following the introduction of deregulation is increasing the pressure on troubled flag carrier Olympic Airways. The European Commission's agreement giving Olympic exclusive rights to serve the Greek islands ended last year and a group of eager start-ups ...
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Pilots hamper TAP privatisation
SAirGroup has agreed to take a stake in Tap Air Portugal, but a dispute over pilots' pay may jeopardise the Portuguese carrier's fragile profitability and remaining privatisation plans. As expected, Swissair's parent is to cement its relationship with the Portuguese flag carrier by taking a 20% stake, pending ...
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TAAN joins Venezuelan start-up
Despite warnings from industry observers that Venezuela's future calls for fewer rather than more airlines, new carriers continue to line up to fill the hole left by the demise of flag carrier Viasa. TAAN (Transporte Aereo Andino) is the latest planned start-up, and one of three carriers seeking operating certificates ...
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Taesa profit kicks off recovery
Taesa, Mexico's third largest airline, made an operating profit of $31 million for last year after a four-year recovery from foreign debt. That could lead to new investors this year and a listing on the country's stock exchange within two or three years. But the key to further progress is ...
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Legend in the making
Since declaring plans to launch an all first-class airline out of Dallas, Texas, management at Legend have fought an uphill battle to get off the ground. It could turn into the stuff of which legends are made - a US startup, with a flamboyant and outspoken chief executive, exploiting ...
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LOT sell-off revived
The Polish Government has revived plans to privatise its national carrier LOT, six years after the sell-off was first announced. It aims to raise capital for the carrier and get it into a global alliance. According to Treasury Minister Alicja Kornasiewicz, a search for a partner is to ...
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PAL suffers new rejection
The Philippine Airlines (PAL) soap opera continued in March and April, with a new episode nearly every day in the carrier's fight for survival. As of mid-April, Manila's Securities and Exchange Commission (SEC) had rejected a second rehabilitation plan filed by the airline in March, on the grounds ...
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Rights and wrongs
Passenger rights bills are currently winding their way through US Congress. Are passengers set for a better deal? Twenty one years after the US Government gave the airlines free rein to run their businesses as they saw fit, Congressional fingers are beginning to itch. A glance at the various ...
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Routes
Delta in China - Delta Air Lines and China Southern Airlines have begun a non-stop codeshare service between Los Angeles and Guangzhou. China Southern operates the route three times a week with a Boeing 777. Guatemala bound - Continental Airlines will begin a non-stop Saturday service between New York ...
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Routes
BM's Russian accord - British Midland has outlined an agreement in which with its Russian partner, Transaero, will fly one weekly to Moscow while BMwill fly four services. British Midland has just been designated as the second carrier, after British Airways, on the London-Moscow route. US Air goes ...
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Spirit soars in USA
A US start-up which has so far secured its mostly profitable existence by controlling growth and sticking to niche leisure markets up and down the east coast is to test new waters. Detroit, Michigan-based Spirit Airlines will begin a non-stop service to Los Angeles in June and is expanding operations ...
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Air China joins prospective A318 launchers
Air China has signed a tentative agreement with Airbus Industrie and Pratt & Whitney to order eight PW6000-powered A318 twinjets as a trade-in for four Boeing 747SPs. A second potential launch customer, Air France, has asked CFM International to offer the CFM56-5A as an alternative powerplant (Flight International, 21-27 ...
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Old pals act
Just when it seemed that Philippine Airlines was on a plausible road to recovery, the road has been spiked by the carrier's major shareholder. Controversial beer and tobacco mogul Lucio Tan is one of the wealthiest men in the Philippines. He already owns about 70% of the Philippines national ...