All Strategy articles – Page 1088
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Crossair adds more aircraft to
Crossair has finalised plans to boost its fleet, with deals to acquire up to 14 additional aircraft, including Saab 2000s, Aero International (Regional) Avro RJ100s and Boeing MD-83s. The Swissair regional subsidiary, based at Basle, operates a fleet of some 65 aircraft, including Saab 340s, Saab 2000s, British Aerospace ...
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Continental is open to merger offers from major US airlines
Kevin O'Toole/LONDON Continental Airlines chairman Gordon Bethune says that the carrier is still open to merger offers from its major US rivals, but, in the meantime, plans to push ahead with its rapid international expansion outside any global alliances. Bethune confirms that an approach was made to Delta Air Lines ...
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Netherlands begins search for new airport site
Studies into a new location for Amersterdam's noise-limited Schiphol Airport are being stepped up as the Netherlands Government attempts to placate growing pressure from environmental groups. In a policy decision on 28 November, the Government rejected calls to put an absolute cap on the volume of aviation growth within ...
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Alitalia plays down privatisation but closes on alliance decision
Kevin O'Toole/LONDON Alitalia chairman Fausto Cereti is downplaying the chances for a quick privatisation of the Italian flag carrier, despite the announcement by its parent state-holding company, IRI, that it will cut its stake. The choice of a European alliance partner is promised within weeks, however. Cereti says ...
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Western Pacific wins court approval for re-organisation
Western Pacific Airlines has won bankruptcy court approval for its own re-organisation plan, backed by the Smith Management Company (SMC), after the withdrawal of a rival bid from Frontier Airlines. Frontier helped to precipitate WestPac's descent into Chapter 11 bankruptcy protection in October when it withdrew from a merger. ...
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Bombardier plans to establish Malaysian centre
Bombardier is planning to establish a new Malaysian-based regional service centre to support the growing number of Challenger, Global Express and Learjet business aircraft which are entering service or are on order for Asian customers. In the longer term, it is also exploring the possibility of a regional fractional-ownership scheme. ...
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Finnair records double profits as passenger numbers boom
Kevin O'Toole/LONDON Finnair saw profits more than double over the first half of its financial year, making it the latest northern European airline to benefit from a passenger boom which has already contributed to record results for Lufthansa and gains at SAS over the latest quarter. Finnair posted ...
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Slow Dash
Pelangi Air has put on indefinite hold the delivery of three completed Bombardier de Havilland Dash 8-300s until operational and shareholding issues are resolved. The 50-seat turboprops, ordered in 1995, had been due for delivery in June and July, but have been delayed by Malaysia Airline moves to acquire a ...
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Global warning
As the world's environment experts began to assemble in Kyoto, Japan, for the United Nations (UN)summit on global warming, amid the general pronouncements on climate change come some timely reminders that aviation remains firmly among the industries on the target list for environmental activists. Among its other positioning papers ...
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Philipine Skyhawks
Philippine Airlines has taken delivery of six Cessna 172 Skyhawks for ab initio training at its aviation school at Clark International Airport near Manila. Source: Flight International
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AB Airlines will acquire up to 13 737s for network expansion
AB Airlines will introduce the first of up to 13 Boeing 737s in April 1998, as it expands its operations from its London Stansted and Gatwick bases. The UK airline, which introduced services from Gatwick to Berlin Schönefeld in early December, will add three seven-year-old 737-300s in April 1998, ...
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Airtours International closes on order for A330-200
Airtours International is believed to have selected the Airbus A330-200 for its long-haul fleet needs, and is in negotiations on an order for up to three aircraft. The UK charter airline, based in Manchester, has been evaluating the Airbus long-haul twinjet, along with the Boeing 777-200IGW (increased gross weight), ...
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Asiana defers 777-200/300 deliveries
Paul Lewis/SINGAPORE Asiana Airlines is to defer delivery of its first Boeing 777 on order because of South Korea's worsening economic difficulties, and will instead acquire additional 767-300ERs and 747-400 freighters. The airline is planning to push back deliveries of its first 777-200/300s by up to two years, ...
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Regionals add CRJs
Two major US regionals have boosted their Bombardier Canadair Regional Jet (CRJ) orderbooks. Atlantic Coast Airlines has converted 12 of its 36 options to fuel growth at Washington's Dulles Airport, for delivery between late 1998 and mid-1999. Comair's CRJ fleet will grow to 80 with the firming-up of 12 conditional ...
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Air France 'must spend more money' on new aircraft
Julian Moxon/PARIS Air France must invest at least Fr40 billion ($6 billion) on new aircraft over the next five years if it is to remain competitive, the airline's new president Jean-Cyril Spinetta told a French Senate committee on 20 November. Aircraft-renewal plans centre on the need to replace ...
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Braathens settles into KLM alliance
Ian Sheppard/OSLO Braathens SAFE has entered into a co-operation agreement with Northwest Airlines, strengthening its alliance with KLM and allowing it to link its Scandinavian routes to the US carrier's Detroit and Minneapolis hubs through Amsterdam's Schiphol and London Gatwick. Anders Fougli, Braathens director of planning, says that ...
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Shugrue is eased out as Pan Am chief
Pan American World Airways has eased out its co-founder and chief executive, Martin Shugrue, to be replaced by airline veteran David Banmiller, who is charged with turning around the start-up's heavy losses and seeing through the merger of operations with Carnival Air Lines. Pan Am confirms that Shugrue has ...
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Asia's economic haze
Brent Hannon/KUALA LUMPUR Concerns over the state of the once-unstoppable Asia-Pacific airline market were underlined again as the Association of Asia Pacific Airlines (AAPA) met in Kuala Lumpur in mid-November for the 41st assembly of presidents. The latest figures show a 25% drop in collective operating profits over ...
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BA prepares for massive tender
Max Kingsley-Jones/LONDON British Airways is preparing to issue a tender to Airbus and Boeing early in the new year for up to 160 narrow- and widebodied aircraft as it gears up for its long-term fleet-renewal programme. The airline is understood to be finalising an outline of its requirements ...
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SIA is set to become star in the East
The Star Alliance looks set to gain a seventh member as Singapore Airlines (SIA) officially broke away from its long-standing alliance with Swissair and Delta Air Lines on 25 November in favour of a wide-ranging partnership with Star-founder Lufthansa. Lufthansa chairman Jurgen Weber, speaking after the signing in Singapore ...