All Strategy articles – Page 1150
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The Tan dynasty
Lucio Tan has begun sweeping change in his first year as chairman of Philippine Airlines. He hopes a more stable future will enable him to complete the carrier's turnaround. Tom Ballantyne reports from Manila.When Philippine Airlines' chief financial officer Jamie Bautista set out in early June to raise money in ...
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Northwest's eastern edge
The launch of Northwest Airlines' non-stop Detroit-Beijing service in May is a competitive response to United Airlines' dominance in the US-China market that has been a long time in coming. The carrier says the new route gives it an edge in the eastern US, which generates two-thirds of China-bound traffic ...
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Thawing out?
Two new carriers, WestJet and Greyhound, are trying to home in on any market opportunities in Canada's icy war between majors Air Canada and Canadian Airlines International. Jane Levere reportsLong an inhospitable graveyard for new entrants, the Canadian marketplace is being invaded once again by two fledgling airlines, one of ...
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Poisoned pals?
Alliances are firmly established as components of the airline industry, but the seven-year relationship between KLM and Northwest Airlines - long considered the world's most successful airline partnership - appears to be coming apart at the seams. Mead Jennings looks at the history of the conflict and its implications ...
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Crossair
Philippe Bruggisser, chief operating officer of Swiss national carrier Swissair, has been appointed chairman of regional subsidiary Crossair. He will take over the chairmanship from Swissair chief executive Otto Loepfe, who will continue to serve on the carrier's executive committee. Georges Schorderet succeeds Peter Nydegger as Swissair chief financial officer ...
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London City
London City Airport, of the UK, has appointed Richard Gooding managing director. Gooding, who is now chief executive of London Luton Airport, will take the new position on 1 August. He has worked with British European Airways (later British Airways), and is a former operations director at Manchester Airport and ...
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Southern Africa growth
HELIKOPTER SERVICES Group (HSG) has added South Africa's Court Helicopters to its growing portfolio of acquisitions, giving the Norwegian group access to an expanding offshore market in southern Africa. The Norwegian group paid $5.5 million for the initial stake, but has the option to acquire the remainder of ...
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Air France joins Air Afrique rescue bid
France has joined with the other state owners of Air Afrique in a bid to prevent the debt-ridden airline from having its fleet repossessed by creditors. Air Afrique has come close to collapse, facing the seizure of aircraft unless it can find cash to service debts of more ...
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Unions agree to Alitalia facelift
Kevin O'Toole/LONDON Andrea Spinelli/GENOA ALITALIA'S UNIONS have given a tentative go-ahead to the airline's increasingly urgent restructuring plans, agreeing to accept cost-cutting in exchange for three places on the board and an eventual 20% stake in the group. The deal was finally thrashed out on ...
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Heathrow slots are price for BA/American go-ahead
THE US DEPARTMENT of Transportation (DoT) is demanding that additional slots be freed up at London Heathrow as the price for granting anti-trust immunity to the proposed alliance between BA and American Airlines. Senior DoT policy official Patrick Murphy says that new US carriers would have to be ...
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Rivals set to benefit from ValuJet suspension of operations
Max Kingsley-Jones/LONDON VALUJET HAS built its main hub at Atlanta Harts-field, and at its peak, the airline represented about 8% of the passenger traffic at the airport, ranking it second only to Delta Air Lines. With ValuJet flights unavailable, "price-sensitive" customers from Atlanta have been ...
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Hong Kong wins more Chinese rights
IN A MAJOR SIGN of improved relations between the UK and Chinese Governments, Hong Kong carriers Cathay Pacific Airways and Dragonair have been granted additional rights to fly across and into China. Under the deal, Beijing has opened up new routes through Chinese airspace to Europe, North ...
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Green light shows for NetJets Europe
Max Kingsley-Jones/LONDON A EUROPEAN-BASED business-aircraft fractional-ownership programme has been launched by Montvale, New Jersey-based Executive Jet Aviation (EJA), the US pioneer of the "NetJets" scheme. The programme marks the second stage of the company's Global NetJets plan, with opportunities in China and South America also ...
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Finnair warns of slowdown in Europe
FINNAIR HAS WARNED that its financial performance will "decline substantially" this year following signs of a significant economic slowdown in Finland and key European markets. The airline says that it will add no new destinations and maintain capacity at present levels over the year as it prepares for ...
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French tie-up
French independent airlines Air Libert, and AOM have agreed on a codesharing deal which is seen as the initial phase of a merger, forming France's biggest independent carrier. The agreement, due to be signed on 24 June, will bring to an end rivalry on hotly contested domestic routes within France, ...
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India's private malaise
MODILUFT'S dispute with Lufthansa over lease payments has made headlines, but it also highlights a deeper malaise afflicting India's fledgling private-airline operators. Of the five major private carriers established in India since liberalisation began some three years ago, only Jet Airways and the cargo carriers appear to ...
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Turkish triumph
After its first profit in nine years, Turkish Airlines is ready for global expansion. Gunter Endres/ISTANBUL ATTILA _ELEBI, president and chief executive of Turkish Airlines (THY), may have the imposing stature of his conquering namesake, but there the comparison ends. His demeanour is one of gentleness and he ...
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FLS supports Air 2000's rotables
FLS AEROSPACE HAS expanded its position as a component-support prime contractor with the signing of a five-year deal with Air 2000. The agreement takes Europe's largest independent maintenance company into the Airbus Industrie A320 rotables business for the first time. The component-support work for Air 2000 arrives on ...
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Aerospace in Indonesia
Aerospace in Indonesia is racing to keep up with the country's growing economy, writes Paul Lewis in Singapore. INDONESIA IS A COUNTRY unmatched by any of its South-East Asian neighbours. With an expanding population of some 190 million, a rich and bountiful supply of natural resources and a growing ...
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SA Airlink KwaZulu-Natal link
SA Airlink's agreement to operate the KwaZulu-Natal Provincial Government's recently ordered Jetstream 41 (Flight International, 5-11 June), will fit in well with existing operations, says Airlink's joint managing director Barry Webb. SA Airlink already operates a fleet of ten British Aerospace Jetstream 41s and two Dornier 228s, and serves several ...