All Strategy articles – Page 1091
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News
Great Lakes rebuilds its route structure
GREAT LAKES Aviation has started to rebuild its route structure after its aircraft were grounded in a dispute with the US Federal Aviation Administration over maintenance procedures. The regional airline, which feeds traffic to United Airlines and Midway Airlines, began offering limited services from 23 May to five ...
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Eurowings says Lufthansa loyalty scheme is counter to German law
Eurowings has registered a complaint with the German Federal Monopolies Commission about Lufthansa's Miles and More frequent-flyer scheme. The German regional airline claims that the scheme violates German competition laws covering extras and discounts - although Eurowings admits that it believes these laws to be "outdated". ...
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Deutsche BA losses leaked in report
A secret auditors' report detailing Deutsche BA's debts and losses has revealed that the company would have gone bankrupt last year, but for a cash bail-out from British Airways. The report, compiled by Ernst & Young, was leaked to the German press. It states that the five-year-old company's ...
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Top executives leave ANA
All Nippon Airways (ANA) has been hit by a major high-level personnel shake-up, with the airline's top five senior executives and chairman all announcing their resignations, only days after the company's president Seiji Fukatsu was forced to quit. Almost one-third of ANA's 32-member board of directors are to ...
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Frankfurt proposes German airports alliance
Frankfurt Airport is pushing to set up a national alliance of German airports to compete with other major European hubs such as Amsterdam, London and Paris. The move follows on the heels of a proposal from Amsterdam Schiphol and Aer Rianta of Ireland to run airports at Amsterdam, ...
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American agrees provisional deal for USAirways Shuttle
AMERICAN AIRLINES has agreed to buy the US Airways Shuttle - if US Airways decides not to buy the New York-Boston-Washington high-frequency operation, which it manages under a ten-year contract signed in 1992. US Airways has previously said that plans to buy the Shuttle are on hold until it negotiates ...
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Palestine Airways prepares for 1 June start from Egypt
Palestine Airways, the new airline of the Palestinian authority, is due to start services on 1 June, although initially it will operate from an Egyptian airport. It will use two Fokker 50s donated by the Dutch Government - a further two have yet to be delivered. A new ...
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Room for three?
Aloha and Hawaiian Airlines have seen inter-island challengers come and go. Will Mahalo Air be any different? David Knibb reports. Any high frequency, short haul market of 9.2 million passengers a year is bound to attract attention, especially when only two airlines consistently serve it. But in the Hawaiian inter-island ...
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New Labour, new taxes?
New Labour, new taxes? If the opinion polls are correct the United Kingdom could have its first Labour government in 18 years by early May. The new administration, led by Prime Minister Tony Blair with Gordon Brown as Finance Minister, would be very different from its predecessors. ...
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Appointments
Thai Airways has appointed several new executive vice presidents, including Bhisit Kuslasayanon for commercial service, Payoon Puakpong for customer service, Saad Sobsatrasorn for operations, and Amnuay Chanya for finance and information. Meanwhile Sittipong Thanitayawong is the new senior vice president responsible for corporate planning and government relations. Frederick ...
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Appointments
Air Marshall Islands has appointed Peter R Hanna as chief executive officer. James A Robinson has been appointed president and member of the board of directors of Fairchild Aerospace Corporation while Michael L Meshay has joined the board of Fairchild subsidiary Dornier Luftfahrt. Hans-G Koch became ...
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Appointments
François Bachelet becomes chief operating officer of Air France Cargo. Martin George has become British Airways' director of marketing. Meanwhile, BA's chief executive Bob Ayling has become chairman of the Association of European Airlines for 1997. Willem E Kooijman will become KLM's executive vice president personnel ...
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Wolf stalks, unions resist
Frustrated by the lack of progress in labour negotiations and under pressure to cut costs, US Airways chairman and chief executive officer Stephen Wolf has launched an 'efficiency programme' that includes the ending of jet services to nine US cities, the grounding of 22 aircraft, and consolidation in maintenance and ...
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Partners for now
Every year sees a major change to the global alliance movement and this year's survey, the fourth consecutive since 1994/95, is no exception. Last year SAS left the European Quality Alliance for Lufthansa, while this time British Airways ditched its codeshare with US Airways in favour of American Airlines. With ...
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A race to market
When Seiji Fukatsu, president of Japan's All Nippon Airways, called a press conference in mid-April, local scribes could have been forgiven for speculating that a major announcement of international import was in the offing. It was common knowledge that ANA was on the verge of releasing details of ...
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PIA sale to fund revamp
The Pakistani government has launched its search for a strategic equity partner to help recapitalise and restructure state-controlled Pakistan International Airlines. The government's privatisation commission plans to appoint financial advisors, consisting of an investment bank, a law firm and consultants, on 20 July to oversee the sale of ...
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Foreigners out
India's ban on foreign airlines investing in domestic carriers still stands, despite the collapse of the government in April. New prime minister Kumar Gujral has retained transport minister C M Ibrahim, architect of the foreign equity ban, while free marketeer P Chidambaram has resigned as finance minister. However, there is ...
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Financial results
Company Period Net US$ mil Comp period Sales US$ mil % change Aer Lingus Y Dec 31 51.2 24.2 1,225 -4.0 AMR Corp 1Q Mar 31 152.0 157.0 4,006 2.4 Austrian Airlines Y Dec 31 19.8 30.4 1,228 8.8 China Eastern Airlines ...
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French make waves in Fiji
It's normally the US that stands accused of neo-colonialism. But not to be outdone, France has decided it too can play the game and the focus of its efforts is the tiny Pacific island of Fiji. The island's government, a major recipient of overseas aid from the European ...
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The good European
What do you get if you cross an English mother company with French and German subsidiaries? The airline industry is still waiting for the punchline as British Airways pursues its so far unprofitable attempts to move into the French and German domestic markets via subsidiaries TAT/Air Liberté and Deutsche BA. ...