All Strategy articles – Page 1054
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Bear markets
With the bears now firmly in control of every stock market in the world, any sane government thinking of selling off its state-owned airline should be reaching for the telephone to inform its financial advisors to put away the sale prospectus until the bulls are back in control of share ...
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EVA pursues options to fill business void
Brent Hannon/TAIPEI EVA Airways has been talking to oneworld and the Star Alliance and hopes to join one of the alliances as soon as it decides which is most suitable, says president and vice-chairman Frank Hsu. Meanwhile, the airline is boosting its cargo business to fill the void left ...
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Falling shares delay privatisation plans
The turmoil in the world's stock markets is finally starting to catch up with the airline industry. Tumbling share prices have forced the Austrian Government to delay plans to reduce its holdings in Austrian Airlines (AUA) with a Sch800 million ($68 million) capital increase. The decision places a question ...
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FAA free flight programme to retain existing ground navaids
Graham Warwick/WASHINGTON DC A new airspace system modernisation plan drawn up by the US Federal Aviation Administration will retain at least one-third of the existing ground-based navigation and landing aids beyond 2015. The plan, expected to be released within a month, also foresees the introduction of automatic dependent ...
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German operator goes solo
Andrzej Jeziorski/Munich German tour operator Frosch Touristik International (FTI) is to found its own airline. Operations are due to get under way early next year with a fleet of three Airbus A320s. The name of the airline and its home base remain to be announced. According to FTI ...
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Growing pains
Emma Kelly/LONDONThe in-flight entertainment (IFE) industry is growing up. But it has had to. The IFE industry today is showing the first signs of realism and credibility - much improved characteristics than the over-promises and disappointments that have plagued the industry in recent years. After years of considerable effort, interactive ...
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Marketplace
-Pan American has added a fourth Boeing 727-200 to its fleet to expand charter operations. The airline is now examining the possibility of resuming scheduled operations next year. -Qantas has found a buyer for its fleet of four 16/17-year-old Airbus A300B4s - the A300 freighter leasing company Pinnacle Air Cargo ...
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Routes
-Korean Air and Air France have signed a codeshare deal on flights between Paris and Seoul. The two carriers now operate six weekly flights, of which five will be codeshare services. -All Nippon Airways is seeking permission to open a new non-stop daily service from Tokyo to San Francisco, using ...
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Fare wars sting Brazil
Deregulation and resulting fare wars continue to bite hard into profits at Brazil's four main airlines, with no sign that the worst is over. Varig is blaming the fare wars for its Real $197 million ($168 million) loss reported for the first half year. This is almost triple the figure ...
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Lifting the 7th veil
Could the current jitters over alliance plans persuade more airlines to explore fifth and seventh freedom opportunities? British Airways and Qantas use fifth and seventh freedom rights out of Singapore. Fashion is rarely about comfort - ask any model teetering down the catwalk. The same could be said ...
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Air India may seek equity
The efforts are on to sell the Indian Government's majority shareholdings in Air India and Indian Airlines. In September, the Disinvestment Commission drafted a detailed plan to sell the 60% stake in Air India, and finance minister Yashwanth Sinha announced the disinvestment of 51% of Indian Airlines. The commission ...
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Cost cuts lift Qantas and Air New Zealand
Cost-cutting continues to underpin strong financial performances by Australasia's two main international carriers, Qantas and Air New Zealand, while the region's third biggest carrier, Ansett, prepares radical measures to fix its cost problems. Investors remain worried by Qantas' exposure to Asia, in spite of management efforts to reduce that ...
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Alliances: the next $tep
Can airline alliances take the next step and act like a single commercial business? Frank Berardino and Chris Frankel chart a possible route. Last month, in a report entitled "Keeping the score", USaviation consultancy GRAlaid out the first phase in a strategy for maximising the profits and benefits from an ...
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Eagle eyes all-jet fleet
American Airlines regional subsidiary American Eagle is planning to become an all-jet operation - a declaration that will put pressure on other US regionals to follow suit. American Eagle confirmed at the UK's Farnborough air show in September that it is to buy 75 Embraer RJ-135 37-seat jets. The ...
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West beats Asia retreat
As western carriers continue their retreat from Asia, the region's airlines are starting to fill in some of the gaps. This capacity redeployment by the foreign majors has given Asian alliances a welcome boost. New schedules effective 25 October show a continuing shift of non-Asian capacity out of the ...
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Bank bailout clouds Cintra
The Mexican Government's hopes of selling its stake in Cintra, the holding company for Aeromexico and Mexicana, are snagged in a $62 billion bank bailout dispute that has become a hot political issue. The dispute centres on whether the government should own Cintra shares. When the government became a ...
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Braathens raises Swedish stakes
The battle for dominance in Scandinavian skies has taken another twist, with Norway's Braathens taking over Swedish regional Malmo Aviation. The SKr600 million ($74 million) acquisition is the latest in a series of aggressive manoeuvres, redrawing the aviation map of Scandinavia. Braathens has already taken over Transwede (now Braathens Sweden), ...
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SELLING the BRAND
Following the lead of supermarkets and chain stores, major airlines are contemplating the offer of financial market products such as insurance policies and loans. So British Airways is going to offer its customers financial services too . . . When the company announced its intention in March, it joined ...
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Mesa Group eyes CCAir
Mesa Air Group plans to purchase CCAir, the independent carrier that provides service as US Airways Express in the south-east USA. The acquisition is being touted by Mesa management as an "excellent fit" and is seen as part of the regional carrier's struggle back to stability after a difficult year. ...
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Russia crisis hits home
A contraction in the Russian airline industry is now almost inevitable, after nearly a month of financial uncertainty left the rouble heavily devalued from its level of mid-August. The devaluation will almost certainly lead to a general economic downturn in Russia with passenger numbers and cargo traffic both dropping off ...