All Strategy articles – Page 1118
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Kiwi files for Chapter 11 as ValuJet resumes flights
Kevin O'Toole/LONDON Kiwi International Airlines has filed for Chapter 11 bankruptcy protection, blaming rising debts and the fall-out from the ValuJet crash and the grounding of Kiwi aircraft. Ironically, the filing took place on 30 September, the day that ValuJet returned to the air and at ...
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Air France
National carrier Air France has appointed Anne Veyssi‚ cargo general manager for the UK and Ireland. Veyssi‚, who has been with Air France Cargo since 1988, succeeds Bernard Frattini, who becomes the carrier's cargo general manager for North America, based in New York. Source: Flight International
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EC considers market economy route to resolve slot dilemmas
Julian Moxon /BRUSSELS THE EUROPEAN Commission's (EC's) transport directorate is considering introducing an allocation system at congested airports which would allow airlines to buy or sell their slots to improve flight scheduling. Slot allocation has become a bitterly contested issue as European airports become increasingly congested ...
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Airbus set for A310 boost from VASP
VASP is in final negotiations with Airbus Industrie for a big A310 order, which will represent largest deal for the aircraft in the past four years. The Brazilian carrier is the hitherto undisclosed customer for ten A310-300s during the recent Farnborough Air Show (Flight International, 18-24 September). According ...
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FBO industry reshapes
From the USA to the UK, fixed-base operators have been changing hands as industry consolidation continues. In August, Mercury Air Group completed the acquisition of five FBOs from Raytheon Aircraft Services for $8.25 million. The sites involved are at Ontario International Airport in California; Georgia's Hartsfield International and Peachtree-DeKalb Airports ...
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Green light shows up for second Malaysian carrier
Green light shows up for second Malaysian carrier THE MALAYSIAN Government has finally given the go- ahead for the launch of the country's second national carrier in November, some two years after Malaysia Airlines (MAS) first blocked its start-up. The new airline is being set up ...
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Options for change
Alaska Airlines' order for 12 Boeing 737-400s, plus 12 options (Flight International, 25 September - 1 October) includes the right to switch the options for the new 737-800. The airline will take delivery of the firmly ordered 737s over three years from mid-1997. The 140-seaters will replace some of the ...
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Slots of value
THE EUROPEAN COMMISSION (EC) is keen to overhaul the slot-allocation system at Europe's airports by creating a "market" in which some slots could be traded for money. It is right to be looking for an overhaul but, if it believes that airline services should exist as much for the customer ...
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European regionals grow
Julian Moxon/HANOVER The European Regional Airlines Association (ERA) has good cause to celebrate. In the year since its last annual meeting, the industry has seen strong passenger growth and the beginnings of the long-awaited shake-out among the aircraft manufacturers. The disappearance of Fokker, the sale of ...
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Indonesian firms plan nine new communications satellites
Companies in Indonesia are planning to build up to nine new telecommunications satellites. The Indonesian schemes are part of a recent explosion of interest in space ventures in the Asia Pacific and other fast developing regions of the world. PT Telekomunikasi Indonesia (Telkom) is to assess bids from ...
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BA fights for the continent
Kevin O'Toole/LONDON THE announcement of a new wave of restructuring at British Airways should have come as little surprise. In May, chief executive Bob Ayling followed the group's world-beating 1995 profits announcement with a stark warning that BA needed to make another £1 billion ($1.5 billion) in savings. ...
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American edges to regional goal
Graham Warwick/ATLANTA American Airlines and its pilots union have tentatively agreed a complex formula governing the introduction of regional jets by commuter arm AMR Eagle. The agreement foresees the acquisition of up to 218 45- to 70-seat regional jets by 2009, but limits AMR Eagle to a maximum ...
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Air Liberte wins reprieve in effort to stay airborne
Julian Moxon/PARIS AIR LIBERTE has been given six months to implement a survival plan or face bankruptcy. The independent airline is credited with leading the battle to open up the French air market, and was also recently voted the country's most popular carrier The concession was ...
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Airline news
British Airways is adding Barcelona, Helsinki, Lisbon and Glasgow to its London/ Gatwick network. GB Airways will operate on behalf of BA from Gatwick to Faro, Malaga and Oporto. BA is also extending its non-smoking trials from January 1997 to cover 90 per cent of its system-wide seats, ...
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Appointments
Singapore Airlines has appointed managing director Dr Cheong Choong Kong as deputy chairman and chief executive officer. Edmund Cheng, Lim Chee Onn and Tjong Yik Min are to join SIA's board, while Lim Chin Beng and Ngiam Tong Dow are to retire from the board. Air France's director ...
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Shannon shakeup
Aeroflot's innovative mini-hub at Shannon has yet to achieve glory and looks set for a revamp. Mark Odell reports. Sam Quayle's jaw is in danger of joining the undercarriage of the US charter flight he boarded just over five hours ago in New York, as the aircraft touches down on ...
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They are United, but for how long?
Two years have gone by since United Airlines launched its employee stock ownership plan, which gave the carrier's pilots, machinists and non-contract workers a 55 per cent ownership stake in exchange for $4.9 billion in concessions. Since then the airline has seen unit costs drop by close to 7 per ...
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Land of the giants
Airlines appear unworried by the domination of Gecas and ILFC but manufacturers certainly are. Doug Cameron assesses current developments in the rapidly maturing operating lease sector. You don't need brains in a bull market. Developments in the operating lease sector over the last year bring, for some, uncomfortable echoes of ...
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Led to extinction?
Rigas Doganis, Olympic Airways' former chairman, draws on his own experiences to give a unique insight into the problems faced by Europe's state-controlled flag carriers. Unless politicians grasp the nettle and stop interfering in the management of those struggling airlines, their days are numbered . Within three few weeks in ...
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What will outs do when euro is in?
The moves towards European Monetary Union and the introduction of the euro by the end of this century are starting to look unstoppable. In Germany, Chancellor Helmut Kohl's unwavering support for Maastricht won support at the ballot box earlier this year in the Baden-Württemberg regional elections, when the ...