All Strategy articles – Page 1127
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News
SIA still keen on Sempati
The main reasons behind Sempati Air's delayed initial public offering have now emerged as its deteriorating financial situation and the resulting top management shakeup. These events do not appear to have dampened Singapore Airlines' interest in taking a stake in the Indonesian private carrier. 'Discussions are continuing' about ...
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LOT tackles local losses
In a bid to stem both financial losses and the erosion of market share by western European carriers, LOTis set to retaliate with the long-awaited launch of a new regional and domestic subsidiary, Eurolot. The wholly owned subsidiary, set up in December 1996, is due to start operations ...
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Mastering Micronesia
As island governments slash support for their airlines, the carriers are discovering the need to size themselves to fit their markets and to pay more heed to commercial realities. When your nearest neighbour is 10 days away by boat, aviation is fairly important. But the central Pacific Micronesians are ...
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US pilots are out for profit
Record profits and the use of regional jets are at the root of troubled pilot union negotiations at both American Airlines and United Airlines, and American could suffer a strike. The relationship between American's management and the Allied Pilots Association has changed dramatically since early January, when APA ...
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PIA is primed for sell off
Pakistan International Airlines looks set to become the latest carrier in the region to start the hunt for a strategic equity partner, as the shortlist is drawn up for potential bidders for a stake in Air Lanka. The Pakistani government called in a team from International Finance Corporation, ...
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Lithuanian introduces Saab 340 on regional flights
Lithuanian Airlines (LAL) is leasing two used Saab 340B turboprops to develop regional routes from Lithuania's capital Vilnius. The first of the two used aircraft, formerly operated by now-defunct Spanish regional Prima Air, came into service in mid-January. The second will follow in April. LAL will ...
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Boeing regains popularity in China
Boeing is beginning to enjoy a revival in the number of its passenger aircraft being ordered and leased by Chinese carriers, as political relations between Beijing and Washington continue to show signs of improvement. After a year in which Boeing recorded total sales of only three aircraft in ...
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Ministry places launch order for Beriev Be-200
Russia's Ministry of Emergency Situations has placed an order with the Beta-Air consortium for seven Beriev Be-200 jet amphibians.The aircraft will be built at the APKSukhoi Irkutsk plant. Along with Irkutsk and Beriev, the Beta-Air consortium also includes Swiss financier ILTA Trade. The order is a further success ...
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Air France
François Bachelet has been appointed chief operating officer of Air France Cargo, taking over functions previously held by Sten Grotenfelt. Bachelet, who joined the company in 1965, was previously vice-president of development and a former chief executive of Sodexi, the express-freight subsidiary of Air France. Source: ...
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Cathay Pacific
Henry Fan, managing director of Citic Pacific, has been appointed to the non-executive position of deputy chairman of Cathay Pacific Airways. Capt Ken Barley has been named director of flight operations, succeeding Capt Gerry Clemmow, who retired at the end of 1996. Barley also replaces Clemmow on the Cathay Pacific ...
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Virgin Express may pull out of its Brussels base
Virgin Express, one of the pioneers of Europe's low-fares air market, reports that it grew by one-third in 1996 and expects to report a profit despite the dramatic growth. The announcement comes, however, with a veiled warning that Belgium's high social costs could persuade the carrier to leave ...
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S Koreans discuss link-up
South Korea's four main competing aerospace manufacturers are discussing the formation of a joint-venture organisation to lead and co-ordinate the development of new indigenous projects and participation in larger international collaborative efforts. The new company would bring together Daewoo Heavy Industries, Hyundai, Korean Air and Samsung Aerospace. It ...
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Emery
Kerry Fielden has been appointed to the newly created position of sales manager for the UK, Ireland and southern Africa by the UK division of international aviation-services company Emery Worldwide, of Redwood City, California. He was most recently business-development director for UPS, based in London, UK. Source: Flight ...
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Airmotive acquired
Lufthansa Technik (LHT) has acquired a majority stake in Airmotive Ireland, following intense negotiations on possible technical co-operation between LHT and Airmotive parent Aer Lingus. Airmotive focuses on servicing Pratt & Whitney JT8 and JT9 engines as well as CFM International CFM56s. Its 1996 turnover was $100 million, about a ...
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Heathrow responds to Fokker 50 delay
Sir- In response to N Malle's letter (Flight International, 8-14 January, P37), about the landing of a damaged Fokker 50 at Heathrow in December, I would like to make the following points. Landing-gear failure was apparent on final approach. By the time the aircraft had been manoeuvred in ...
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Gulf Air restructures fleet and network
Gulf Air is to dispose of six aircraft and cease operating certain routes, as the airline attempts to turn round its heavy losses and reduce its debt mountain. The announcement comes only a week after the four Gulf States which own the airline again failed to agree on terms for ...
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Airbus withdraws USAir's future delivery positions
Airbus Industrie has withdrawn all of USAir's 1998 and 1999 firm delivery positions, as well as support for a planned aircraft lease, because the US air carrier "-has not demonstrated that it will be able to affirm its Airbus aircraft purchase". USAir has told its employees that it ...
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Auxiliary Power International (APIC)
Auxiliary Power International (APIC) is now wholly-owned by Sundstrand, after the company acquired Labinal's 50% stake in the company late in 1996. APIC, which is to be integrated into Sundstrand's San Diego, California-based Power Systems division, was formed by the US company and France's Labinal in 1989, to produce APUs ...