All Strategy articles – Page 1077
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A new vision in Rome
Kevin O'Toole/ROME It was something of a homecoming for Dominico Cempella when he was asked to take up the reins at Alitalia in March 1996. Having started out as a check-in agent at Rome Airport 40 years ago, he was now returning as chief executive charged with leading ...
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Lateral thinkers
In a bid to instill fresh ideas, more airlines are now recruiting managers from other countries. Lois Jones looks at the challenges faced by today's mobile managers, and talks to six top people who have switched countries. There are several ways to skin a cat, and several ways to save ...
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Italians go to the markets
Italian charter carrier Air Europe is preparing for an initial public offering, while flag carrier Alitalia is still on the lookout for private investors. Air Europe is to float 35 per cent of its shares on the Milan stock exchange and in 'several markets abroad' by December this ...
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French revolution is a non-starter
Blanc's successor as head of state-owned carrier Air France will face a rough rideChristian Blanc's resignation statement from Air France begins with a stark heading: 'I take note of the government's decision.' France's change of government, and the decision of prime minister Lionel Jospin to appoint a Communist transport ...
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Mexican two set to float
The five major Mexican banks who converted Aéromexico and Mexicana debt into shares last year are about to cash in on the success of those airlines. Cintra, the parent company for both airlines, plans an international IPO that will offer 20 to 30 per cent of its shares ...
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Fair or foul?
Recent accusations by smaller US carriers of predation by their major rivals have renewed the debate over what is legitimate under US law. By David Knibb. It's a problem as old as deregulation itself. When does the legitimate competitive response of an incumbent carrier to a new entrant cease to ...
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Gently down stream
As with the engine manufacturers, consolidation among major airframe producers is likely to be followed closely by bold moves to secure dominance in the after sales market. Report by T Wakelee Smith and Jonathan Culley.It may be hard to believe. But with the recent absorption of McDonnell Douglas into ...
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R-R offers local investment to win SAA deal
South African Airways' (SAA) order for seven Boeing 777s, which has been in limbo for nearly two years, is back in the spotlight following an offer by Rolls-Royce to invest in a repair centre in return for a firm deal to power the aircraft. The move comes as SAA is ...
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Condor prepares for low-cost subsidiary
Andrzej Jeziorski/MUNICH Condor Flugdienst, the charter subsidiary of Lufthansa, is expected to found a Berlin-based subsidiary airline within weeks. According to Condor, plans are being finalised for a low-cost airline, to be called Condor Berlin, which will compete against rivals such as Aero Lloyd and Air ...
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Comair takes place in Sun
The sale of the South African state-owned carrier Sun Air to a consortium that includes rival Comair leaves flag carrier South African Airways facing a stronger private sector challenge, despite claims by both smaller operators that they will continue to compete with one another. Sun Air was sold ...
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No-frills feel summer chill
It may have been a red-hot summer season for the US major carriers, but the climate remained decidedly chilly for the low-cost startups. Air South is the latest to feel the cold draft of Chapter 11 bankruptcy and analysts believe there will be more casualties unless Washington intervenes. ...
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Cargo flux?
The dedicated freight operator Cargolux is banking on an all-B747-400F fleet and alliances to put it on a firmer footing in this notoriously unstable sector. MarkOdell reports from Luxembourg on the carrier's chances. Look beyond the seemingly perpetual decline in yields and the overcapacity that plagues the cargo industry and ...
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Fair's fare is the business
In sharp contrast to the wave of low-cost startups sweeping through Europe, a Paris-based carrier is set to start Europe's first dedicated business class service. Fairlines is to start scheduled business services this November from Paris/Charles de Gaulle to Nice and Rome/Fiumicino using 70-seater MD-81s. The aircraft will ...
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Bournemouth's Scottish express plane
Euroscot Express launched low-fare services to Scotland from its base in Bournemouth in southern England on 29 September, using a BAC One-Eleven 500 leased from European Aviation. The airline will serve Glasgow daily and Edinburgh at weekends, and will compete against British Airways Express (British Regional Airlines), which serves the ...
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Paris draws Blanc on sale
It's a question of bad timing. Christian Blanc's departure as chairman of Air France has come at a fragile time, midway through the airline's restructuring process. Blanc resigned in September after the government ruled out selling off a majority stake in Air France. 'The captain has abandoned his ...
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Delta bends to new head
'Bent, but not broken' is how Delta Air Lines' new president and chief executive, Leo Mullin, sums up the airline's current performance, identifying customer service improvements as a priority. As a newcomer to the airline industry it comes as no surprise when he puts his own spin on ...
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Euro a key factor in bank mergers
A radical reshaping of the banking industry in Europe and the Americas, symbolised by a series of recent mergers, looks set to transform the relationship of the financial sector with transnational corporations. The changes in the structure of banking are being triggered by far reaching shifts in the international economy, ...
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PAL calls for total US ban
Philippine Airlines has called on Manila to suspend flights by US carriers into the Philippines, as a result of US Federal Aviation Administration restrictions which are causing major losses on trans-Pacific services. The appeal came within days of PAL announcing it was abandoning some flights to the key ...
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Europe close to noise ban
Proposed environmental measures to reduce aircraft noise and emissions at European airports are stirring up a storm of protest. The European Commission looks set to adopt Ecac recommendations to ban hushkitted Chapter II aircraft after 1 April 1999. An official confirms that the Commission's proposals, which are due ...
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ANA may join club of four
Bilateral talks between the US and Japan, which were set to resume in Tokyo in late September, are likely to result in the clearance of two codeshare alliances. But All Nippon Airways could emerge as the real victor as it is finally recognised as an incumbent carrier, enjoying almost unlimited ...