All Strategy articles – Page 1046
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Comair lists in Jo'burg
Comair is to become the first South African carrier to seek a listing, and is to debut on the Johannesburg Stock Exchange this July. Comair's chairman, Dave Novick, hopes the listing will value the company in excess of R1 billion (US$200 million). A prospectus was expected to be issued ...
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A first class idea
While the rest of the airline industry promotes the idea of no-frills, virtually fat-free flying, Midwest Express is pampering its passengers with premium service. Meanwhile, in France Fairlines hopes to emulate this success. A handful of peanuts and a dribble of Coca-Cola never satisfied anyone, least of all an airline ...
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Chinese join global pack
Chinese flag carrier Air China has become the first Chinese airline to enter fully into an international alliance, but its decision is likely to trigger similar alliance moves from other Chinese carriers. Air China is set to join a strategic alliance with Northwest Airlines and its partners Continental Airlines, ...
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China stops cheap deals
So much for China's experiment with deregulated air fares. Wide-open pricing, which led to discounts of up to 50 per cent, ended in May when the Civil Aviation Administration of China tightened limits on how much airlines could vary ticket prices. Last November the CAAC gave airlines an almost ...
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Cathay coy over partner
Cathay Pacific remains coy about which global alliance grouping it will ally itself with as speculation mounts over potential bedfellows. Cathay's alliance talks are progressing with virtually all major carriers and groupings in the industry, and a decision will be made within six to nine months, says Cathay managing ...
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Open for business
The success of Hong Kong's Chek Lap Kok, due to open on 6 July, will depend on keeping costs down Paul Lewis/HONG KONG Hong Kong's new international airport makes its operational debut on 6 July - the culmination of a remarkable eight-year undertaking. The $20 billion infrastructure investment was initiated ...
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Built for the future
Recession has not curbed enthusiasm for Kuala Lumpur's new airport Nicholas Ionides/Kuala Lumpur The backers of Malaysia's new gateway airport at Sepang, south of Kuala Lumpur, boast that the massive facility has been built for the future. Boarding bridges have been designed to handle large new-generation aircraft such ...
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Race for the bronze
Aircraft lessors are jockeying for position as Asian airlines start to think more seriously about operating leases. No-one is challenging the two giants. International Lease Finance Corp and General Electric Capital Aviation Services remain the top aircraft operating lessors. But a three-way race is on to see who will ...
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Pilatus Britten Norman for sale
Kate Sarsfield/LONDON Pilatus Britten Norman (PBN), the UK-based utility aircraft manufacturer, has been put up for sale by its parent company Pilatus Aircraft.The sale is believed to be part of wider rationalisation by Pilatus holding company Oerlikon-Buhrle. Although PBN, which produces the utility piston and turbine powered BN-2 Islander and ...
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Love lost in Dallas brawl
US regional airline Continental Express has begun flying from Dallas/Love Field, becoming the latest carrier to join a surge of interest in the city's downtown airport despite legal attempts to stop the growth. The airport has become a hotbed of controversy, with lawsuits and countersuits flying across Texas. In ...
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No baulking at Balkan bid
Up to five bidders are expected to submit firm offers for Bulgarian national carrier Balkan Airlines, as the next privatisation hits the region. The Bulgarian government says it wants to find a strategic rather than financial investor for up to 75 per cent of Balkan, but adds it would ...
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Alliances: three forgotten factors
Stop. Wait. Listen. Think. The whole world is alliance-mad. The fanatical alliance worshippers of this world might think this is heresy, but a fundamental question needs to be asked. Is the crazy web of continuously changing alliance relationships actually going to produce workable results? Alliance-building is basically an egotistical ...
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US alliances face scrutiny
The US General Accounting Office has planted serious seeds for concern in politicians' minds by claiming that proposed US domestic alliances could mean a reduction in competitive service to almost 101 million American passengers. The GAO highlights the Delta Air Lines/United Airlines partnership as especially worrying because of its ...
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American and BA compromise to break alliance deadlock
Guy Norris/LOS ANGELES American Airlines has guaranteed not to fully implement its proposed alliance with British Airways until 14 slots have been made available to enable other airlines to begin new daily services between the US and London Heathrow. The US airline believes the compromise could help break ...
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Fiji Airways details structure as new status is approved
Fiji Airways has revealed more details about its structure and planned flight operations, following the Fijian Government's agreement, in principle, to designate the start-up as the island's second international airline. Local accountant Neil Underhill has been named chairman. To comply with majority local shareholding rules, Underhill has a 2% ...
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US airports face review
If major US airports thought they were immune from the Department of Transportation's surge of interest in anti-competitive behaviour, they can think again. DOT secretary Rodney Slater is establishing a taskforce with airports in mind. Details of what the taskforce will be looking at are not yet clear, although ...
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Indians lower airline stake
The Indian government is to reduce its stake in Indian Airlines from 100 per cent to 49 per cent over the next three years as part of its strategy to turn the flag carrier around. The government has decided to restructure the airline's capital base and reduce its equity ...
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Isles single out air deal
Island nations scattered across the tropical Pacific have agreed to study whether they should form a single aviation market and negotiate air service agreements as a bloc. The 14 island nations, which range in size from Papua New Guinea to tiny Tuvalu and span an ocean area larger than ...
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Air Canada sells Air Alliance
Air Canada is selling its Quebec regional airline, Air Alliance, just two weeks after Canadian Airlines International sold its Quebec feeder, Inter-Canadian, to private investors. Air Alliance has been a drain on Air Canada's finances for several years. It lost several million dollars last year because of a prolonged ...
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Aer Lingus is to lose Team
With the disposal of an unprofitable non-core subsidiary finally on the horizon, Aer Lingus now has to confront the bigger questions of ownership and alliances. At presstime the management of the Irish flag carrier had still not convinced the 1,550 strong workforce of its unprofitable aircraft maintenance arm, Team, ...