All Strategy articles – Page 1141
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Delta warns Europe of coming low-cost threat
Ramon Lopez/WASHINGTON DC EUROPE'S AIR-transport markets will soon face major structural change as the influence of low-cost carriers begins to spread, according to Delta Airlines chairman Ron Allen. Speaking at the US Federal Aviation Administration's Commercial Aviation Forecast conference in Washington on 5 March, Allen ...
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Riverso resigns in Alitalia reshuffle
ALITALIA CHAIRMAN Renato Riverso has resigned, two years after being brought in to help turn around the troubled Italian flag carrier. Riverso had arrived at the airline, together with chief executive Roberto Schisano, in February 1994, with a brief to push through badly needed cost cutting, at the ...
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Air France
Jean-Claude Baumgarten has become executive vice-president of the Air France Group, in charge of corporate, international and industry affairs. Jean-Luc Galzi is promoted to advisor to chief executive Marc Veron; Veron will take over corporate marketing and sales, assisted by an advisor for sales, marketing and FFP, yet to be ...
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Air UK Leisure signs for Airbus
AIR UK LEISURE has signed a contract with GE Capital Aviation Services for the lease of three Airbus A320-200s, replacing its Boeing 737-400 fleet from April (Flight International, 14-21 February). Three of the seven Boeing aircraft have already gone to ModiLuft in India, with the remaining four due to ...
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CFMI forced into redesign of CFM56-5A/B
Andrew Doyle/LONDON CFM INTERNATIONAL has been forced into a redesign of a turbine rear-frame (TRF) destined for use on all CFM56-5A/B turbofans, after cracks were discovered in the double-annular combustor (DAC) variant, powering Swissair Airbus A320s and A321s. The problem was uncovered, by Swissair engineers ...
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JAL in the year 2000
Japan Airlines is sharpening its act for the new century. Kevin O'Toole/TOKYO JAPAN AIRLINES (JAL) has no intention of seeing out the millennium quietly. Under its latest five-year plan, the group aims to emerge in the year 2000 having captured one-third of Japan's sizeable domestic ...
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Making waves
Not only has Mexican carrier Aeromar survived the recession, but it has done so by expanding. Gilbert Sedbon/MEXICO CITY AFTER SURVIVING the Mexican economic crash of 1995, Transportes Aeromar, the country's newest domestic carrier, is back in a growth pattern aimed at breaking through the 1 million ...
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How open skies?
GERMANY HAS become the latest and largest catch in the US drive to sign up Europe to open skies. With this new bilateral safely initialed, the USA has now signed up 11 European nations to open skies, representing 40% of the region's air market. The deal marks ...
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Eva races to first profit
FAST-EXPANDING Eva Air has turned in profits a year ahead of schedule, only four years after its launch as Taiwan's first privately owned carrier. The airline has also announced it is to launch a new airline in Panama by the end of the year. The carrier, ...
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KLM pulls directors from Northwest board
KLM HAS WITHDRAWN its three senior executives from the board of Northwest Airlines in a further twist to the boardroom bust-up between the two alliance partners. KLM's president Pieter Bouw, managing director Leo van Wijk and chief financial officer Rob Abrahamsen have resigned their places on the ...
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'Bitter' union conflicts force Sabena chairman to resign
SABENA CHAIRMAN and chief executive, Pierre Godfroid has resigned, to be replaced by Swissair executive Paul Reutlinger. Godfroid ran into a bitter dogfight between the management and the airline unions over a controversial restructuring plan involving a pay freeze and longer working hours. Two other senior Sabena managers have been ...
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Japan gears up for US bilateral battle
Kevin O'Toole/TOKYO BATTLE LINES are being drawn up in Japan and the USA as pressure mounts on both sides of the Pacific for a renegotiation of the controversial passenger bilateral between the two countries. Although talks are now under way over a revised cargo agreement, ...
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ARIA prepares to expand Shannon hub
Paul Duffy/SHANNON THE AEROFLOT Russian International Airlines (ARIA) hub, set up at Shannon in the west of Ireland in 1995 to transfer Russian and CIS airline passengers to transatlantic services to the USA, is to be expanded to take in more airlines and routes. Set up ...
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ANZ optimistic of Ansett deal
Kevin O'Toole/LONDON AIR NEW ZEALAND (ANZ) remains optimistic that it can go ahead with the proposed deal with TNT to acquire up to half of Ansett Australia. The agreement with TNT, which owns half of Ansett together with News Corporation, is still under negotiation, but ...
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Thai Airways plans fleet shake-up over five years
Paul Lewis/SINGAPORE THAI AIRWAYS International is to purchase 21 new jet-powered airliners and dispose of 31 older aircraft, under a five-year fleet-rationalisation plan approved by its directors. The carrier's 1996-2000 long-term plan calls for a reduction from 14 to six baseline aircraft types and a ...
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Air Canada chairman Harris to step down
Hollis Harris, Air Canada's chairman and chief executive, will step down at the airline's next annual meeting on 14 May. His replacement is Lamar Durrett, a former Delta Airlines executive who came to Air Canada with Harris in 1992. Harris stays as executive chairman. Durrett worked at Delta ...
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Appointments
Changes at Air France Europe include chief operating officer Patrick Alexandre also assuming the title of executive vice president. Marc Lemidey becomes EVP planning and development, Michael Enneser is appointed EVP station operations and cargo and Pierre-Alain Jeanneney is EVP finance and administration. Swissair has appointed Armin Daume ...
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On the upswing
Richard Whitaker and Sara Guild review the financial and traffic performances of the 40 airlines which have so far released data covering all or part of 1995. If 1994 was the year of recovery for the airline industry, for most carriers 1995 saw profits return with a vengeance. Ten out ...
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Strike threat looms in US
A surprise deal between United Airlines and its flight attendants contrasts sharply with pilot-management talks at Delta Air Lines and American Airlines. As of mid-February, those two carriers were locked in federally mediated negotiations as pilots turned up the heat with strike preparations. The most notable points that ...
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No haste, just speed
Having sealed its partnership with KLM, Kenya Airways is wasting no time in completing its privatisation and entering the next phase of its development. Jackie Gallacher reports.Kenya Airways is in a hurry. It aims to complete its privatisation by the end of March, and to outline the main priorities for ...