All Strategy articles – Page 1062
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BM Engineering makes third party breakthrough
BM Engineering has agreed a five-year maintenance support contract with Norwegian start-up charter operator Color Air. The deal represents the company's first third party base maintenance contract since setting up last year as as a separate corporate entity from parent airline British Midland. Color Air has two ex-TACA Boeing ...
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Wheel of fortune
Hard to believe, but fewer people are flying to Las Vegas these days. Perhaps the slot machines and gaming tables are losing their appeal. No, say the casinos, people still want to come to the Nevada resort, they just cannot find the flights or the fares they want. The ...
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Mesa shareholders reject sale or merger
The new management at Mesa Air Group have seen off a potential shareholder rebellion after the defeat of a vote on proposals to hire an investment banker to explore a merger or sale of the regional airline operation. The proposal, tabled at the annual shareholders meeting on 28 July, ...
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Russian promise
Ian Sheppard/LONDON A worldwide observation campaign to define more precisely the characteristics of the Russian Glonass satellite navigation system will run from September to December this year. It will be conducted by the geodetic community, which is relying on combining the Glonass with the US global positioning system (GPS) to ...
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AA goes for Aerolineas
American Airlines has been cleared to proceed with its acquisition of 8.5 per cent of Aerolineas Argentinas. However, the Department of Justice's go-ahead comes with restrictions that will limit American's influence over the Argentinian carrier and its national market. The DOJ has forced American to restructure its deal so ...
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Airline News
Air France began codesharing with Delta Air Lines on 19 June between Paris/Charles de Gaulle and New York/John F Kennedy, Chicago, Los Angeles, San Francisco, Washington/Dulles, Atlanta, Boston and Cincinnati and between Nice and New York. Air France began codesharing with Continental Airlines on 19 July ...
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Airline revolution gathers pace
When we launched Airline Business magazine 13 years ago, Carl Icahn had just taken over TWA; People Express was looking at acquisitions; Japan Airlines was losing its international monopoly; British Airways, Singapore Airlines and Malaysia Airlines were about to be privatised; Britain and France had signed a new air services ...
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Indonesians ally together
The domestic Indonesian aviation market will receive a much-needed shot in the arm if proposals for an alliance between five struggling airlines go ahead. Garuda Indonesia, Merpati Nusantara Airlines, Bouraq Indonesia Airlines, Mandala Airlines and Sempati Air are the prospective members of the alliance. The grouping could provide a ...
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Asians clean up house
In hard times, heads roll. Sometimes leaders step aside voluntarily, as in the case of Japan Airlines' president Akira Kondo and chairman Susumu Yamaji. But purges at China Airlines (CAL) and Garuda Indonesia are part of major housecleaning efforts. In a dramatic move to distance China Airlines from its ...
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Island assets offloaded
Qantas Airways and Ansett Airlines have both sold most of their remaining interests in island resorts, thereby signalling a return to core operations. 'It's a classic case of sticking to your knitting,' explains James Strong, managing director of Qantas. 'I've never been convinced that Qantas could do as good ...
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Wall St frets over Boeing
With Boeing back on track to deliver 550 aircraft this year as planned, chairman Phil Condit is using the word 'turnaround', but some feel such confidence is premature. Boeing delivered 148 aircraft in the second quarter, prompting Condit to declare the production recovery programme a success. 'It's on the ...
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Euro challenger
The spotlight is on something new at British Airways - alliances. 'What was a sideshow is now centre stage,' states BA's director of alliances John Paterson. With the appointment of the former director of strategy in June to this newly created post British Airways is making this point crystal clear. ...
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CLK charges unchanged
Despite the current focus on resolving the initial hiccups, the long-term success of Hong Kong's new Chek Lap Kok (CLK) airport lies in keeping charges down. Since its inauguration on 6 June, technical and logistical problems have caused long delays for passengers and freight forwarders. But while these ...
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SAA chief plans repairs
South African Airways' new US chief executive is promising a complete overhaul and believes alliances and privatisation will have to wait until the airline is in better shape. Coleman Andrews, former CEO of World Airways, has been given a four-year contract with a mandate to restore the South African ...
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Startups look to citizen McCain
Last year it was the ticket tax; this year it's the Department of Transportation. The US majors have a new enemy in their gunsights and the atmosphere on Capitol Hill is bellicose once again. In 1997 the carriers that united in a campaign to abolish the 10 per cent ...
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And now for something . . . completely different
The term 'survivor' may be sorely overused in the airline industry, but it remains the most appropriate description for AirTran Airlines, the product of a merger with the ill-fated ValuJet whose once-bright future ended abruptly in 1996 with a controversial crash in a Florida swamp. Not that there is ...
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Rising confidence
Isao Kaneko became president of Japan Airlines the same day its shareholders approved a US$894 million write-off against capital reserves - the largest in Japan's corporate history. Kaneko succeeded Akira Kondo, who resigned as president to take responsibility for the unprecedented loss. It hardly seemed the occasion for the new ...
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Love rivalry in courtroom
Continental Express will be unable to implement its new regional jet service out of Dallas/Love Field fully until 1999 at the earliest, because of a legal wrangle that has developed with the city's main airport, Dallas-Fort Worth. The court case could set an important precedent. In the latest controversy ...
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Czechs reach stalemate
Czech Airlines has become a bit too profitable, according to the Czech government, which is refusing to provide the airline with a capital injection. In July, the government said it would not provide CSA with a 500 million koruna (US$15 million) cash injection to help cut the company's debt ...
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No dumb deals
American Airlines' new chairman and chief executive officer, Don Carty, is keen to stress that it's business as usual since the smooth handover from the high-profile Robert Crandall to his heir apparent. But business as usual for American, of course, includes a slow struggle to put in place its proposed ...