All Strategy articles – Page 1122
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News
Boeing faces delay in plans to launch its longer-range 777X
Guy Norris/LOS ANGELES BOEING'S PLANS to launch an ultra-long range version of the 777 for service entry by May 1999 are expected to be delayed by airline uncertainty over the derivative choice, and the emergence of new offerings from Airbus and McDonnell Douglas (MDC). Boeing announced ...
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UK noise limits could threaten $1 billion R-R deal
ROLLS-ROYCE could lose an expected $1 billion order for RB.211-524H turbofans from British Airways, following the UK Government's decision to impose some of the world's strictest noise regulations at London's airports. The airline is poised to place an order worth around $4 billion for a large number ...
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Stahlwille makes a science of tool control
Not everyone who exhibits at Farnborough jets in from overseas or travels hundreds of miles along the motorway network. Just ask that chaps at Stahlwille Tools who base their operations a mere stone's throw from the showground in nearby Camberley. As the company name may suggest, there is ...
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ValuJet on target with MD-95
US low-cost airline ValuJet, which has just re-gained its Federal Aviation Administration certification after an intensive scrutiny of its operating procedures, is expected to remain the launch customer for the McDonnell Douglas MD-95. McDonnell Douglas president and chief executive officer Harry Stonecipher says he expects deliveries to begin to ...
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New ERA logo spreads the business message
Page 7 Farnborough visitors should get the first sight this week of a new livery that Europe's regional carriers hope will become increasingly familiar over coming months. As part of a continuing public awareness campaign, the board of the European Regional Airlines Association (ERA) has agreed a new ...
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New P&W engine powers show 777
Good fortune has shone early on Pratt & Whitney at Farnborough - its newly-certificated PW4090 engines are powering the Boeing 777 in the static display. Flight tests of the 400kN (90,000lb) thrust engine on the 777 began at Boeing's Seattle, Washington factory less than a month ago on 3 ...
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Airports
Belfast Airport is to be acquired by property group TBI for ú72.4 million ($112 million) plus repayment of ú28 million of debt. TBI bought Cardiff Airport last year. British Airways is to transfer 13 weekly flights to Argentina, Brazil, Chile, Colombia, Mexico and Venezuela and three B747-400s from ...
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Appointments
Canadian Airlines has named Doug Carty as its vice president of finance to succeed Kevin Benson, who has been elected president and chief financial officer. Giles Filiatreault is to replace Mike Stanfield as chief executive officer of BWIA International Airways. David Taylor has resigned as president ...
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TAT full on
British Airways will exercise its option to acquire the remaining 50.1 per cent in TAT for $32 million, giving the UK carrier 100 per cent of the French operator. BA has appointed the ex-chairman of AOM, Marc Rochet, chairman of its fully owned subsidiary. Source: Airline Business
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Starting over
The second wave of US new entrant airlines is proving more resilient than the first and some venture capitalists are now looking at Europe. Russell Winter offers a formula to make sure aspiring low-cost startups, especially in Europe, find financial backers with deep pockets.Many industry specialists continue to believe that ...
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Washington now Virgin territory?
As Virgin Atlantic makes its presence felt in the US-UK open skies negotiations, Washington's commonly held wisdom that British Airways holds nearly complete sway over the UK's international aviation policy is being put to the test. BA, which wants an open skies pact so it can seek antitrust ...
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ValuJet's long shadow
US The crash of ValuJet Flight 592 in May has had more impact on the US airline industry than any other commercial aviation tragedy. Mead Jennings explores the longer-term repercussions of the ValuJet affair. The repercussions of the crash of a 27-year-old ValuJet Airlines DC-9 in Florida's Everglades, which killed ...
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Off to a head start
After a long wait, deregulation in Europe has spawned a growing number of startup carriers which are now providing a serious challenge to the majors. Lois Jones reports Until now, startup carriers have tended to provoke no more than a bemused glance from Europe's old timers. But the ...
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HAL hopes
Hawaiian Air could raise over $36 million through a rights offering to its shareholders. As part of an agreement early this year allowing Airline Investor Partnership to take control of the airline for $20 million in cash, AIP agreed to give other shareholders a chance to buy 12 million additional ...
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Qantas faces union threat
Qantas's management is facing confrontation with unions over a new wage agreement as it launches a drive to try to control costs and improve on disappointing productivity gains. Flight attendants and ground workers have already hinted at industrial action if they fail to win agreement on across the ...
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More dirty tricks and legal twists
In Europe, a volley of legal attacks by airlines on their competitors has been launched. In the US, hard on the heels of KLM's spat with alliance partner Northwest, USAir has declared legal war on its partner, British Airways. If your aviation lawyer is not involved in either ...
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Delta stokes fires in east
With the launch of its low-fare Express concept, Delta Air Lines will want to avoid repeating the disastrous low-fare Continental Lite experience on the US east coast and mirror that of the Shuttle by United, whose performance has been good enough for United to give it a dedicated fleet of ...
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Financial data
Air Canada's operating profit fell from US$33m to US$27m as domestic yields fell, but the sale of Continental Airlines shares netted C$129 million. America West's record quarterly earnings came as traffic grew 13.8%, load factors rose 3.3 points, yields jumped 4.1%, and unit costs fell 7.5%. ...
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China's links are at stake
The clearing of the aeropolitical clouds over Hong Kong may be having a downwind effect in Taiwan, where direct air links with China (PRC) are moving from political rhetoric to actual preparation. Wang Guixiang, chairman of China National Aviation Corporation and new chairman of Dragonair, was the first ...
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Iberia's boss
The new Spanish government has appointed US-born Xabier de Irala Estevez, a former vice president of General Electric in France, as chairman of Iberia. Source: Airline Business