All Strategy articles – Page 1065
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News
Crisis threatens $30 billiion orderbook
Latest backlog figures reveal that Airbus and Boeing have firm orders worth an estimated $30 billion at stake in Asia Pacific as the region's airlines struggle with the unfolding economic crisis. In their 1997 year-end backlog figures, the two manufacturers count firm orders for about 260 aircraft destined for the ...
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Marketplace
++ Aer Lingus has signed an agreement with World Airways to provide a Boeing MD-11 on wet-lease to be operated on services between Ireland and the USA between May and October 1998. Aer Lingus has an option to renew the lease for the same period in 1999. ++British Midland has ...
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Battle stations
Boeing's decision to continue the development of the former McDonnell Douglas MD-95, in the new guise of the 717, has effectively redrawn the battle lines in its war with Airbus Industrie. This takes the civil-aviation giants to a new battleground where their tussle for market supremacy can be continued. ...
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Britannia will rule carrier Blue Scandinavia after take-over
Andrew Chuter/LONDON CONTROL of Swedish charter operator Blue Scandinavia is to pass to Britannia Airways following the acquisition by Britannia's sister organisation, Thomson International, of Swedish tour operator Fritidsresor. The UK airline is also expanding its new charter operation in Germany. Thomson International, part of the Canadian-owned Thomson ...
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SAA prepares to rethink 777 purchase
Kevin O'Toole/LONDON South African Airways (SAA) has widened the brief of the task force set up to re-evaluate its fleet plan to include new Airbus A330/A340 types. This confirms that the long-delayed order for Boeing 777-200s could be revised. The airline says that it will include a smaller ...
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European Aviation buys two 747s from British Airways
European Aviation has concluded a deal worth an estimated $6 million to purchase two Boeing 747-100s from British Airways. The UK-based aircraft-trading and spares specialist is also close to finalising deals for other widebodied aircraft. The company, which has purchased the two 24-28-year-old 747s with their Pratt & Whitney JT9D-7A ...
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MEA revises A310 lease agreement
Middle East Airlines (MEA) has agreed a revised deal with Singapore Aircraft Leasing (SALE) over the five-year lease of three Airbus A310-200s. The new agreement reduces the price of the lease from $39 million to $34 million. Agreement has been reached as investigations by the Lebanese public prosecutor into alleged ...
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Swissair 'back in profit' in 1997
Andrzej Jeziorski/MUNICH The SAir Group says that its core Swissair airline operations are due to show a profit for the first time in eight years when the 1997 results are revealed. The airline points to soaring load factors, which have climbed to 70% from just above 60%, as ...
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Cathay warns of more cuts as troubles multiply
Cathay Pacific Airways' management is warning of further deep cuts ahead in equipment and possibly staff numbers, as the financially troubled Hong Kong-based carrier struggles to pull out of an increasingly steep downward plunge. The airline is negotiating with manufacturers to defer decisions on some of its 25 outstanding ...
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Crossair bases new sister in France
Andrzej Jeziorski/Basle Crossair has launched a new Alsace, France-based carrier aimed at avoiding European Union (EU) rules which have denied the Swiss airline access to a variety of destinations. Switzerland is not a member of the EU and cannot operate under its liberalised internal traffic arrangements. The Crossair-dominated ...
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Swissair looks for shares in Air Portugal and links with Air One
Julian Moxon/PARIS The Swissair Group has revealed its interest in taking a stake of up to 10% in TAP Air Portugal, and is set to complete a link with Italian carrier Air One which will see it taking a significant shareholding in the Alitalia rival. Swissair's interest in ...
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Forecasts 98': Airlines
Paul Lewis/Singapore Kevin O'Toole/London For the world airline industry, 1998 begins much as 1997 ended, with two issues on top of the agenda: the fall-out from Asia's economic woes and the next step in the industry's increasingly rapid consolidation. Both issues should make 1998 a busy one for airline ...
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Charter airlines sign up A330-200s to use on long-haul services
Three long-haul charter airlines will introduce the Airbus A330-200 in 1999 and 2000, including UK carriers Airtours International and Leisure International Airways (LIA), and Air Transat of Canada. Airtours, which selected the A330-200 some time ago to supplement its Boeing 767-300ERs on long-haul charters (Flight International, 24 December, 1997-6 ...
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Proteus bolsters Beech 1900 fleet for franchise operations
Julian Moxon/PARIS Proteus Airlines is set to more than double the size of its Raytheon Beech 1900 fleet with a $50 million order for ten 20-seat 1900Ds. The airline has also taken options on a further ten aircraft. The French regional carrier already has eight 1900s in service, ...
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Swissair signs A340-600 deal to replace MD-11s
Swissair is to phase out its Boeing MD-11s early in the next decade after concluding a major deal for more Airbus widebodies at the end of 1997, following the board's earlier approval to order the A340-600. Swissair has long been expected to be among the launch customers for the ...
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BA outsources maintenance of A320/DC-10 in FLS deal
Andrew Chuter/LONDON British Airways is to outsource maintenance and component support for the airline's entire fleet of Airbus A320s and McDonnell Douglas DC-10-30s to FLS Aerospace. A contract is due to be signed later this month. The tie-up with BA will be the culmination of a hectic month ...
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MD-10 conversions for FedEx remain on track
The McDonnell Douglas (MDC) DC-10 freighter/upgrade programme for FedEx is on schedule, according to the carrier's chairman, Frederick Smith. The project to rework the aircraft, known as the MD-10, has been unaffected by Boeing's recent take-over of MDC. The two-phase programme, which first involves the freighter conversion, and later ...
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Suppliers
International Lease Finance has announced orders for $1.74 billion worth of engines for its 126 Airbus and Boeings on order: $500 million with CFM International, $200 million with General Electric, $490 million with Pratt & Whitney and $550 million with International Aero Engines. The Rolls-Royce Trent 772B engine is ...
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TWA tipped for upturn
A new president, a new injection of capital and a new feeling of confidence seem to be gearing Trans World Airlines up for what could be its turnaround year in 1998. TWA has named William Compton, a former MD-80 captain and a member of the Air Line Pilots Association's ...
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SIA in Star tie-break
Singapore Airlines is expected to become the seventh member of the Star Alliance by the first quarter of 1998, but uncertainty hangs over the final Asian line-up of the largest alliance group. SIA took its first step on the Star trail at the end of November when it signed ...