All Strategy articles – Page 1058
-
News
New South Korean aerospace firm confirmed
South Korean conglomerates Daewoo, Hyundai and Samsung have agreed to merge their individual aerospace divisions, creating a newcompany to be equally owned by the partners. Park Jong Wook, assistant manager for international finance at Samsung, says a memorandum of understanding has been signed on the establishment of the as-yet ...
-
News
Bombardier wins orders of $700m
Mike Martin Bombardier got Farnborough '98 off to a flying start yesterday with two orders worth a total of more than $700 million. The first is for 27 Canadair Regional Jet 200 and 700 series aircraft from Atlanta-based Atlantic Southeast Airlines (ASA) worth $575 million. The second order ...
-
News
Airbus breaks into BA with huge A320 order
Max Kingsley-Jones/TOULOUSE Airbus Industrie has landed one of the biggest deals in its history with British Airways' decision to place an order for up to 188 A320 family aircraft - the first time it has placed an order with the European consortium. The deal was only done after BA ...
-
News
Air France and MEA reinforce accord with code-sharing deal
Julian Moxon/PARIS Air France and Middle East Airlines (MEA) have finalised a cooperation accord which will initially see the two airlines operating together on the route between Paris Charles de Gaulle and Beirut. The two airlines are old allies, the French carrier having held a 28.5% stake in MEA ...
-
News
Kitty Hawk cuts it fine in bid to acquire Southern Air Transport
Ramon Lopez/WASHINGTON DC Kitty Hawk has revealed plans to purchase Southern Air Transport (SAT) after merger negotiations unexpectedly broke off between financially ailing SAT and Fine Air. Dallas, Texas-based Kitty Hawk, a charter passenger and cargo carrier which recently acquired American International Airways and other Kalitta companies, agreed ...
-
News
JAL debates global alliance
Paul Lewis/Singapore Japan Airlines (JAL) is putting the final touches to its new code-share agreement with American Airlines, but is still debating the merits of joining British Airways, Cathay Pacific Airways and Qantas to form a planned new global alliance. The two carriers are due to sign an ...
-
News
EC views Malpensa transfer as anti-competitive
The European Commission's (EC) transport directorate has ruled against Italy's plan to transfer the majority of airlines now operating at Milan Linate to the new hub at Malpensa. Transport commissioner Neil Kinnock says the Italian transport ministry decree forcing airlines with routes on which fewer than 2 million passengers ...
-
News
Back to basics
Paul Lewis/SEOUL & SINGAPORE Asia's embattled aerospace industry will likely reflect on 1998 with utter dismay. Once-bold Asian aeronautical ambitions to be a global player have been confined to the scrapheap after a series of setbacks. The focus is now on a post mortem examination to determine if and ...
-
News
BWIA links up with Continental for revamp
Graham Warwick/WASHINGTON DC BWIA International Airlines has signed a memorandum of understanding on a code-share agreement with Continental Airlines as part of a three-year strategic revamp to make the Caribbean carrier profitable. Talks have also been held with Delta Air Lines, but Continental "-is the preferred option", BWIA says. ...
-
News
SAA chief urges government protection
Hilka Birns/CAPE TOWN South African Airways (SAA) chief executive Coleman Andrews has urged Pretoria to cut jet fuel prices and use regulatory powers to defend SAA on international routes while it reorganises its fleet and network. Andrews told a parliamentary committee that SAA could save up to R80 ...
-
News
Garuda embarks on major restructure
Paul Lewis/SINGAPORE Garuda Indonesia's newly appointed president has embarked on a comprehensive overhaul of the financially stricken carrier, involving new financing for a reduced fleet of aircraft, cutting routes, new code-share agreements, the axing of over 40% of the airline's staff and the sale of non-core businesses. "What ...
-
News
Sporty Games
So British Airways has at last placed an order with Airbus Industrie, some 30 years after the European consortium was conceived with the primary aim of building an aircraft for BA's predecessor, British European Airways (BEA). The fiercely fought battle between Airbus and Boeing for this much prized order ...
-
News
KLM uk goes on the offensive
KLM uk has struck back at Stansted-based rival Go by revealing the first phase of a revamp of operations at its London hub. The airline says it aims to tackle the low-fare division of British Airways head on, with an increase in frequencies to Edinburgh, Scotland, to seven services a ...
-
News
Hong Kong tackles long haul rostering
The Hong Kong Civil Aviation Department (CAD) is planning pioneering new rules on maximum permissible flight hours and minimum stand down periods, which will require Cathay Pacific Airways to overhaul crew rostering for long haul flights. Cathay has until 30 November to submit its response to the CAD 371 ...
-
News
Pilot unions unite
The Alliance Coalition, a grouping of pilot unions, was formed on 26 August to represent the interests of around 24,000 pilots possibly affected by the proposed British Airways/American Airlines alliance. This will include sharing collective bargaining agreements and development of a global strategy. Employees of 11 airlines are represented: Aerolineas ...
-
News
Seeking quiet
Paul Seidenman/SAN FRANCISCO Airport noise regulations worldwide are becoming ever stricter, putting airframe and engine manufacturers under increasing pressure to deliver quieter aircraft. In the USA, NASA's Advanced Subsonic Technology (AST) programme is a joint government-industry research effort which names aircraft noise reduction as a primary objective. Running since ...
-
News
New Airline Business Editor
New Airline Business Editor Kevin O'Toole This month I take over as Editor of Airline Business. In doing so, I inherit a magazine with an established reputation as aviation's leading boardroom title. But like the industry it serves, Airline Business cannot afford to stand still. The task ahead is ...
-
News
Air Afrique in crisis again
Air Afrique hopes to overcome its worst crisis yet by privatising and forming a strategic partnership, but critics say the airline's chairman has mismanaged and should resign. The heavily indebted Côte d'Ivoire-based carrier, owned by 11 African states and Air France, has defaulted on payments for four Airbus A310-300s ...
-
News
Air-India fights losses
A report has claimed Air-India is fast slipping into a debt trap where its repayment commitments are so high that the airline could be forced to resort to further loans. 'Air India's net worth will turn negative by June 1999 if adequate funds are not infused immediately and the ...
-
News
Report weakens airport campaign
First, the good news. According to an official report, most of the runways in the US national airport system are in good to excellent condition. The bad news is that this may not be good for the airports. It will not be good news if the report, compiled by ...