All Strategy articles – Page 1135
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New Sabena chief warns that costs must be reduced
Herman de Wulf/BRUSSELS SABENA'S NEW president, Paul Reutlinger, has warned staff that the ailing carrier needs to shave billions of Belgian francs from its cost base. Reutlinger, who joined Sabena from Swissair after Pierre Godfroid's resignation, says that the carrier needs to make annual savings of ...
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ANZ optimistic over Ansett buy-out
Air New Zealand (ANZ) has set a 30 June target date to complete its stalled NZ$350 million ($241 million) buy-out of TNT's 50% stake in Ansett. In April, the New Zealand Commerce Commission blocked ANZ's bid because it would have resulted in the carrier also acquiring 50% of domestic competitor ...
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China wins control of Hong Kong airlines
Paul Lewis/HONG KONG SWIRE PACIFIC has ceded control of Dragonair and lost to China its absolute majority interest in Cathay Pacific Airways, in a far- reaching settlement ending a year-long battle for control of Hong Kong's airlines. Under a deal struck just 14 months before ...
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Air France Europe 'may disappear', says Blanc
Julian Moxon/PARIS AIR FRANCE Group president Christian Blanc has threatened the workforce of Air France Europe with the "disappearance" of the airline if Draconian measures to restore performance are not under- taken in the next two years. At a board meeting on 25 April, Blanc ...
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Asiana chooses IAE power for its A321s
Paul Lewis/SINGAPORE Asiana Airlines of South Korea has chosen the International Aero Engines (IAE) V2500-A5 to power its planned new fleet of Airbus Industrie A321 narrowbodies. The engine is understood to have been selected over the competing CFM56-5B after an intensive pricing and technical battle ...
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Eurowings boosts charter business with A319 order
Andrzej Jeziorski/MUNICH GERMAN REGIONAL carrier Eurowings is planning to expand its charter operation to account for around one-third of its turnover by early in the next century, based around its acquisition of Airbus Industrie A319s. With its recent order for three A319-100s and three options ...
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Easy man
EasyJet, the UK low-cost startup, has appointed Ray Webster as managing director. Webster comes from Air New Zealand, and will focus on EasyJet's proposed expansion into Europe. The carrier starts a daily service from London/Luton to Amsterdam from the end of April. Source: Airline Business
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So what's in a name?
t used to be called Air Inter. Now, its legal name is Air France Europe but it trades as Air Inter Europe. It is majority owned by the Air France Group, but is legally a separate company. In 1997, it will be merged into Air France's European route operation, which ...
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Still under the influence
Everyone in the US says that they want 'clean' elections. But until the long-threatened reform in campaign finance actually occurs, Washington decision-making will always be influenced by corporations, unions and professional interest groups via political action committees (PACs). Witness United Parcel Service. Its PAC, a legal entity set ...
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Appointments
Edward Methot is the new vice president of flight operations at America West Airlines. Swissair has appointed Klaus Knappik head of the cargo and logistics division. Crossair has appointed Josef Felder EVP of the new product management division. Juhani Suomela has become Finnair's EVP ...
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Rafi resigns
El Al's president Raphael Harlev has resigned because of the indefinite postponement of privatisation. The carrier had yet to appoint a successor, at presstime. Meanwhile, the Israeli flag has signed a codeshare agreement with American Airlines on its Tel Aviv flights to Chicago and Newark. The US carrier will put ...
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PAL recovery under threat
The recovery of Philippine Airlines from disastrous financial losses over the past two years is under threat from rising competition from a growing number of startups with ambitions to launch on to key regional routes. Grand Air and Cebu Pacific Air, which have both made inroads on domestic ...
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Pressing for open skies
The US Department of Transportation has in general had strong support from the halls of Congress of late - especially in the realm of international aviation issues. In a late March floor speech, Larry Pressler, South Dakota Republican and chairman of the Senate commerce committee, spoke on the ...
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Sale to new World order
In a bid to get out of the airline business, WorldCorp is hoping to sell its 59 per cent stake in World Airways and concentrate on its computer business. 'Our parent company has basically taken the lead of its main shareholder group [which wants] to position WorldCorp as ...
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USAir lags in profit stakes
DESPITE THE RECORD profits flowing elsewhere in the US airline industry, USAir slipped back into losses during the first quarter, again highlighting the carrier's need to cut back its high-cost base. Although USAir's $32 million net loss is markedly down on the heavy losses which the group was ...
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No room at the inn?
Continued capacity constraints at London/Heathrow have long dictated the US position in liberalisation talks with the UK. Now the physical limits have reached the point where other European hubs threaten to siphon North Atlantic traffic away from Heathrow. By Mead Jennings. TWA, which sold its right to fly to ...
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Quite Improper
DUSSELDORF AIRPORT'S attempt to ban all flights by turboprop airliners is embodiment of the worst fears of the world's regional airlines. The airlines immediately affected by the ban will, rightly, do everything to have it overturned. They should be, supported by all their regional allies around the world, but they ...
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Mixed fortunes
Last year, the 100 largest regional airlines in the world carried 124 million passengers, employed 87,000 people, and flew 2,700 jet and turboprop aircraft. Only just over half provided revenue figures and even fewer divulged profits, but among those that did report financial figures, revenues grew 14.8 per cent to ...
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Food for thought
Cost-cutting and branding are the mantras of today's airline managers and nowhere are the two more entwined than in the catering product - one of the main elements of inflight service that governs customer loyalty. By Mark Odell. In the dual battle for profitability and greater competitiveness the drive for ...
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Sparks fly in India pay row
Air India is facing further disruption to its services as ground engineers vow to continue their walkout action in a bid to put their salaries on a level with pilots and flight engineers, while management is retaliating by threatening a lockout at the flag carrier. A strike call ...