All Strategy articles – Page 1142
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News
New Munich Airport is 'too small'
Andrzej Jeziorski/MUNICH LUFTHANSA IS WARNING that it will soon encounter shortages of terminal capacity at Munich Airport, just a year after declaring its intention to turn the new airport into a major hub. "We have one problem in Munich: the airport is too small," says Christoph ...
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Stake approved
The European Commission has approved the 100% take-over of French carrier TAT by British Airways. The UK flag carrier has owned 49.9% of TAT since 1992, and had announced its intention to take total control on 1 April, 1997, which is the date of full European air-transport liberalisation. ...
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China Eastern to go public
Paul Lewis/SINGAPORE CHINA EASTERN Airlines has been given the go-ahead to have its shares listed on the New York and Hong Kong stock exchanges by the end of the year, says a senior Civil Aviation Administration of China (CAAC) official. The Shanghai-based carrier, together with ...
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Difficult journey
Competition is heating up in the regional-jet market. Paul Lewis/SINGAPORE THE RACE TO build Asia's first regional passenger jet is warming up, with as many as four competitors now in the contest. Given the hefty entry fee demanded of newcomers and the limited worldwide demand being ...
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Saeaga plans for major expansion
THE MALAYSIAN OWNER of Saeaga Airlines has unveiled plans to acquire larger jet-powered aircraft and expand the ten-month-old domestic carrier internationally. According to Malaysian tycoon and Saeaga chairman Ting Pek Khiing, the airline plans to order ten Boeing 737-700s. "We will be signing a deal with Boeing next ...
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Process improvement
OVER THE PAST few years Europe's aerospace industry has inevitably been preoccupied with the impact of defence-budget cuts and a depressed airliner market, but, as recession ends, so the priorities are beginning to change. European aerospace research shows clearly that the new drive is for production efficiency and ...
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Ryanair stake
Ryanair has sold a 20% stake to Irish Air, an investment group headed by David Bondiman, US entrepreneur and Continental Airlines chairman. The low-cost Irish airline has been rumoured to be looking for outside investment to fund expansion. Source: Flight International
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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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Threesome Inter Africa
Three African regional carriers are forming a joint venture dubbed Air Inter Afrique, in the latest example of cooperation on the continent. Benin Air Express, Air Niger and Peace Air Togo plan to join forces in late 1996 in a scheme devised by multinational carrier Air Afrique. The ...
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Air Afrique states case
We have been deeply upset by the article 'Eleven oust Afrique boss' (Airline Business, June) commenting on Yves Roland-Billecart's departure from Air Afrique. Roland-Billecart's decision to resign was a consequence of the resolution from the Ministers of Transport of Air Afrique's owner states to separate the functions of chairman ...
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All together in the Middle East
The collapse in yields to the Indian subcontinent and the Philippines has pushed carriers in the Middle East into a fares pact aimed at stemming the decline. Gulf Air, Emirates and Kuwait Airways agreed at a meeting in Kuwait in June to raise market fares on sectors to ...
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ANA allies by mix 'n' match
The codeshare service started by All Nippon Airways and Air Canada in August on Osaka-Vancouver marks the growing emphasis the Japanese carrier is putting on expanding its network through alliances. The days when Japan's Ministry of Transport discouraged its carriers from forming such pacts are clearly over, and ...
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Pan Am II goes it alone
With financing complete, routes and aircraft in place and eight international codesharing partners signed up, the new Pan Am is hoping to be in service by September. But it will start without taking over Carnival Airlines first. Martin Shugrue, Pan Am's president and chief executive, who will trade ...
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Where angels fear to tread
An unprecedented restructuring plan has put Avensa back in the black amid economic chaos, but has also attracted fierce criticism. Flag carrier Viasa has lost out to its rival in both the domestic and US markets and as it struggles to fight back, new entrants are appearing on the scene. ...