All Strategy articles – Page 1070
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News
Latin link-up
Continental Airlines plans to buy a 49% stake in COPA and begin code-sharing with the Panamanian carrier. The deal will require the exclusion of COPA, part of the TACA Group, from the pending American Airlines/ TACA alliance, which would bar group airlines from entering marketing agreements with other carriers. The ...
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A319M5 takes on 717 in tussle for Northwest 100-seat deal
Guy Norris/LOS ANGELES Airbus Industrie is pitching its proposed A319M5 head-on against the Boeing 717 in the campaign to sell Northwest Airlines up to 100 of the 100-seaters to replace its McDonnell Douglas DC-9s. The US carrier, which is also planning a 30-seater order, could purchase a total of ...
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British Aerospace aims Jetstream 32EP at Mexico
British Aerospace Asset Management is trying to persuade Mexican regional Aerolitoral to replace its fleet of 27 owned Fairchild Metros with 15 leased Jetstream 32EPs. The approach follows BAe's first deal with a Mexican carrier - to lease five 19-seat J32EPs, with seven options, to Aerocaribe. Cancun-based Aerocaribe, like ...
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Fairchild Dornier launches 728JET
US-German regional aircraft manufacturer Fairchild Dornier scored the show's most significant coup with the launch of its 528/728/928JET family and the confirmation of conditional orders for 165 aircraft. The announcement came alongside the launch of the 42/44-seat 428JETstretched version of the company's 328JET. Apart from confirmation by Lufthansa CityLine ...
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US Airways may forge fresh alliance with British Airways
Ramon Lopez/WASHINGTON DC US Airways could forge a new marketing alliance with British Airways as a result of the projected tie-ups by both carriers with American Airlines. The deal would go ahead only under certain conditions, says Stephen Wolf, head of US Airways Group. The prospect of a ...
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SR Technics reveals global ambitions
SR Technics, the maintenance subsidiary of Swissair parent SAir Group, is trying to secure joint venture partners in the USA and Asia-Pacific to enable it to offer comprehensive global support to its airline customers. Konrad Wittorf, vice-president of aircraft maintenance and overhaul, says that the company has retained Ernst ...
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New business and investments help to raise Lufthansa Technik profits
Lufthansa maintenance subsidiary Lufthansa Technik (LHT)boosted its profits by 53%during 1997, achieving DM94.1 million ($52.2 million) on sales of DM3.03 billion. According to executive board member George Gallus, the figure is attributable to a huge influx of new business from outside the Lufthansa Group, with 50 new contracts signed ...
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SIA warns of harder times to come as growth creeps up
Paul Lewis/SINGAPORE Singapore Airlines (SIA) has warned of a tougher year ahead in the face of falling passenger loads and anticipated erosion of yields, after announcing only a marginal growth of net profit for the 12 months ending 31 March. The airline turned in a net profit of S$1.03 billion ...
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Virgin and Go launch London Stansted invasion
Virgin is poised to take over a UK airline, probably Sabre Airways, as its Brussels-based low fare division Virgin Express launches services to London Stansted. The airport could eventually become its UK hub. Meanwhile, British Airways' low fare airline Go has begun to operate at the airport. Speaking at the ...
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Marketplace
-Augsburg Airways has placed orders for six additional Bombardier de Havilland Dash 8s, including two series 200s and four larger series 300s, and taken options on a further seven aircraft. The order represents the ratification and expansion of a deal originally reached in November 1997 for three aircraft. The options ...
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Routes
-Cityjet is to start daily services to Dublin from the UK's East Midlands Airport on 8 June using a Saab 2000. -Continental Airlines and VASP have signed a code-sharing alliance, which will come into effect on 1 July and enable VASP to sell half the seats on Continental's flights between ...
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Fairchild Dornier gives the go-ahead to 428JET project
Andrzej Jeziorski/MUNICH Fairchild Dornier is to launch the 42-seat 428JET programme at the Berlin International Air Show (ILA) as the centrepiece of a series of announcements on its regional jet programmes. The company is also expected to reveal a stretch of the 90-seat 928JET and new potential customers for ...
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Air New Zealand sells 747 Classics to Virgin
Air New Zealand (ANZ) has sold its five Boeing 747-200s to Virgin Atlantic Airways as as part of its fleet modernisation programme. The five 16-17 year old Rolls-Royce RB211-524D4-powered 747s will join Virgin between March 1999 and January 2001. The UK carrier operates six older Pratt & Whitney JT9D-powered ...
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Star Alliance adds Australasian net
Air New Zealand (ANZ) and Ansett Australia are to join the Star Alliance in March 1999, adding a comprehensive Australasian presence to its rapidly growing network. ANZ already has various agreements with Star members. It has an alliance with United Airlines, a "strategic partnership" with Air Canada and frequent ...
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Air China forges US link
Northwest Airlines, Continental Airlines, Alaska Airlines and America West Airlines have formed a strategic alliance with Air China, representing the first deal of its kind entered into by a Chinese carrier. The move ends speculation, for now, of a potential agreement between Northwest and Cathay Pacific and establishes further ...
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Out of the ashes
Julian Moxon/BEIRUT A visit to downtown Beirut to see at first hand the reconstruction that is now taking place is a powerful way of understanding something of the spirit that lies behind the rebuilding of the Lebanese national carrier, Middle East Airlines. Twenty years of indiscriminate shelling left more than ...
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BA goes to FLS for maintenance deals
British Airways and its low-cost subsidiary Go have agreed major maintenance contracts with FLS Aerospace. The move comes as BA retrenches its maintenance operation after several years of attempting to turn it into a standalone profit centre. The five-year Go contract is a ground-breaking deal for both sides, with ...
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List grows for stake in Thai International
Northwest Airlines' name has been added to the list of leading contenders to take a stake in Thai Airways International, a Government official in Bangkok has revealed. Supachai Panitchpakdi, the country's permanent secretary for finance, revealed earlier this month that the US airline is a front runner, along with ...
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Marketplace
-British Airways has wet-leased a Boeing 737-300 from Air Atlanta Icelandic for its 1998 summer season. The aircraft is based at London Gatwick and will be operated on services to Gothenburg in Sweden. -Monarch Airlines is wet-leasing a Boeing MD-11 from World Airways for its 1998 summer season to operate ...
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Gemini in talks with Boeing for MD-11s
Gemini Air Cargo is talking to Boeing about a potential deal to acquire new MD-11 freighters, but is also examining possible secondhand aircraft acquisitions as it awaits a decision from the manufacturer on the tri-jet's production future. The Washington Dulles-based supplemental cargo carrier, which has just introduced its eighth ...