All Strategy articles – Page 1111
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Boeing delays 747X go-ahead
Guy Norris and Paul Lewis/SEATTLE Boeing has been forced to delay the 747-500X/600X programme by at least four months because of continuing market uncertainty and the late definition of the General Electric/Pratt & Whitney joint-venture engine. The stretched, rewinged 747 was expected to be given the ...
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New 737 launch stresses technology and low cost
Max Kingsley-Jones/SEATTLE Boeing CLAIMs that it has put itself "ten years ahead" of Airbus Industrie in the short-haul, jet-powered-airliner technology/low-cost stakes with the official unveiling of its first next-generation 737 (a -700) at its Renton plant, near Seattle, Washington, on 8 December. Sales of next-generation 737s ...
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Constellation prefers A320s to 737-300s
Constellation International Airlines has switched from its selection of the Boeing 737-300 to the Airbus Industrie A320 to replace its fleet of Boeing 727-200s. The Belgian charter airline will take delivery in April 1997 of two A320s on lease from International Lease Finance, in time for its 1997 ...
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Indian Airlines selects Saab 2000s for regional services
The Saab 2000 has emerged as the winner in the competition to supply the Indian Airlines low-cost division, Alliance Air, with a 50-seat regional airliner. Alliance is planning an initial acquisition of six aircraft. Alliance, launched in April with Boeing 737-200s transferred from its parent, had been evaluating ...
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Reforming Liberte
TAT president Marc Rochet prepares to lead British Airways' challenge in France. Julian Moxon/PARIS By the beginning of 1997, Marc Rochet, president since August of British Airways French subsidiary TAT, is likely to find himself president of the largest privately owned airline grouping in France. He is ...
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Delta, Continental consider merger options
Delta Air Lines and Continental Airlines are refusing to comment on widely publicised reports that they are negotiating a possible merger that would create the largest airline in the world. The talks, reportedly initiated by Continental several months ago, are at an early stage, and lesser options are ...
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Qatar Airways decides on strategy for growth
Qatar Airways, fresh from a series of top management appointments, says that it will finalise its new long-term strategy after a board meeting in January, with the aim to "triple the size of the airline" by the end of 1997. The moves follows the appointment of Akbar ...
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Airbus and Boeing vie to modernise Indian Airlines
State-owned Indian Airlines has take the first step towards a massive overhaul of its fleet by informing manufacturers in late November that it is to replace its ageing fleet of Boeing 737-200 and A300B2/B4s. The 15 737s are operated by the recently created Indian Airlines subsidiary, Alliance ...
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KLM agrees to buy back Government stake
KLM has agreed to buy back a further part of the Dutch Government's shareholding in the airline, which will reduce the state's stake in its national carrier down to 25%. The cost of the share deal is expected to run to around DFl1 billion ($590 million), which KLM ...
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Coming of age
The Orient Airline Association, after years of relative silence, has now found its voice. Oriental airlines are finding strength in unity Paul Lewis/BRISBANE The Orient Airline Association (OAA) has been in existence for some 40 years, but only in the past 24 months has it ...
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Cathay Pacific
Martin Cubbon has been appointed general manager for corporate finance at Cathay Pacific Airways. He is now finance manager at Swire Pacific. He succeeds Kenny Tang, who will become chief operating officer at Air Hong Kong, which is 75% owned by Cathay. Source: Flight International
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Singapore Air
Moses Lee Kim Poo, permanent secretary (Ministry of Labour) has been appointed an additional director to the Singapore Airlines board. Source: Flight International
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KLM share sale?
Dutch national carrier KLM confirms that it is holding "exploratory talks" with the Netherlands Government over the sale of part of the state's 38.2% stake in the group. Although KLM is struggling to contain costs, which has put pressure on its share price, the group points to the underlying strength ...
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September profit as Lufthansa ends poor year
Lufthansa recovered some of its poise in the September quarter with a steady profits performance, but doubts that its full-year results will be able to match the record earnings of 1995. The group suffered an unexpected tumble in profits during the first half of 1996 as the anticipated ...
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Dragonair
Dragonair has appointed Stanley Hui as chief executive from 1 February, 1997. He is now seconded by Cathay Pacific Airways to Air Hong Kong as its chief operating officer. Hui replaces Philip Chen, who will return to Cathay to replace Simon Heale as deputy managing director from March 1997. Heale ...
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Sextant Avionique pins hopes on its ATM business
Julian Moxon/Paris Sextant Avionique expects its fast-growing air-traffic-management (ATM)-systems business to net more than a one-third share of the market and add nearly Fr500 million ($100 million) in sales by the end of the century. Sextant and its parent, Thomson-CSF, launched a major initiative at ...
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Viasa plans await employee approval
Julia Hayley/MADRID Iberia's plan for restructuring loss-making Venezuelan airline Viasa, which includes cuts to jobs and routes, has been approved by the other major shareholders, but must now be cleared by the employees by 15 January. Iberia put forward the plan in a bid to recover ...
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Airliners of the World
Airbus and Boeing vie for victory in the high-capacity market. After a string of new airliner model go-aheads last year, 1996 has seen the launch of only one new model - the 757-300 - as the major manufacturers concentrated on the definition of new high-capacity models. ...
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Air France Europe shuttle makes good
Air France subsidiary Air France Europe, reports a "successful" first month's operations with its new high-frequency shuttle service between Paris/Orly and Marseille, Nice and Toulouse. The airline introduced the services in October in response to increased competition from independent carriers, even though one, Air Liberté, has since gone ...
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Alitalia fined for anti-competitive actions
Italy's competition authority has fined Alitalia for using unfair tactics in its fight against two new national airlines Air One (formerly Aliadriatica) and Meridiana, which have been attempting to make inroads into the Italian domestic market. The L415 million ($280,000) fine was less than expected because of Alitalia's ...