All Strategy articles – Page 1152
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Japanese make joint approach to Boeing for 747-X workshare
FIVE OF JAPAN'S principal aerospace manufacturers have joined forces to approach Boeing for a share in developing the proposed growth 747-500/600X. The companies are Japan's three "heavy industries" - Fuji, Kawasaki and Mitsubishi - together with ShinMaywa Industries and the smaller Japan Aircraft Manufacturing, or Nippi. Boeing is ...
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Hong Kong's new airport secures second runway
Paul Lewis/SINGAPORE Max Kingsley-Jones/LONDON CHINA AND THE UK have agreed to build a second runway for Hong Kong's new airport at Chek Lap Kok (CLK), to cater for faster-than-expected traffic growth. The agreement, signed by the Sino-British Joint Liaison Group, clears the way for a northern ...
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British Airways lines up multi-billion dollar deal
Max Kingsley-Jones/LONDON BRITISH AIRWAYS is expected soon to finalise a $2 billion order for around 20 Boeing aircraft, which could include a mix of 747-400s, 757s and some 777s. The deal will be the airline's first major order since 1991. BA declines to comment on the ...
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Transavia profits fall as tourism slumps
DUTCH CHARTER carrier Transavia Airlines reports a steep slide in profits for its last financial year, blaming the slump on a stagnant Dutch holiday market and a resultant dip in yields. President Peter Legro, announcing the results at the airline's base in Schiphol Airport, reported that operating profits ...
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More than illusion
Graham Warwick/ORLANDO THINK OF ORLANDO, Florida, and you are likely to think of Walt Disney World, Universal Studios and Sea World. Managers of Orlando International Airport would like you to think also of a vibrant community of young, affluent, people, working not only in tourism, but also in ...
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Slow start
Six months after opening, Macau International Airport is struggling to generate business. Terence Hardeman and Brent Hannon/MACAU WITH FANFARE and speeches, the $1.1 billion Macau International Airport was officially opened in December 1995. Apart from the arrival of Dr Mario Soares, president of Portugal, and a Lockheed Martin ...
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Appointments
McDonnell Douglas has named Michael M Sears president of Douglas Aircraft Company. Sir Malcolm Field has succeeded Sir Christopher Chataway as chairman of the British Civil Aviation Authority. Cees van Woudenberg is to become a member of KLM's board of managing directors with responsibility for human ...
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Chinese first
Northwest Airlines and Air China have signed an MoU as a first step towards creating a strategic alliance. The deal includes working towards schedule coordination, international and domestic codesharing and FFP and CRS links. Source: Airline Business
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Business buy
British Midland's parent, Airlines of Britain, has acquired 100 per cent of Scottish carrier Business Air. The Aberdeen-based carrier will operate most of its services in its own right but will also provide wet-lease services to British Midland. The carrier will continue to codeshare with Lufthansa at Manchester and maintain ...
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Eleven oust Afrique boss
The tense standoff at Air Afrique between management and unions has finally led to the sacking of chief executive Yves Rolland-Billecart, who has failed to reverse the decline at the multinational African carrier since his appointment in 1989. The unions' demand for the sacking of the entire management ...
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Time for last post again?
The sale of Venezuela's state-owned airline Aeropostal, bankrupt and grounded since October 1994, could take place by late June. Though the carrier's assets are limited and valued at $20 million, the asking price is double that. The government claims that it has received five bids, but analysts regard ...
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Sabre all set to go it alone
The only computer reservation system still linked to a single airline is about to gain more autonomy as AMR plans to convert its Sabre operating divisions into a separate shareholding subsidiary. But will the parent of American Airlines seek an equity partner for Sabre? AMR has toyed with ...
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Trust US for new allies?
Washington's aviation scene is bubbling with potential alliance building and demolition, after the US Department of Transportation tentatively approved the application for antitrust immunity between United Airlines and Lufthansa. 'There is no question that all kinds of conversations are going nonstop and the immunity applications are the big ...
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BA savours American pie
The impending alliance between American Airlines and British Airways confirms that US international aviation policy over the last two years has had a dramatic impact on the global airline industry. BA and American officials were preparing the accord at presstime. Sources say that a two-year discussion finally yielded ...
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Sun shines on BA empire
Danish regional Sun-Air has signed a franchise agreement which will see it operating as British Airways Express from August. The deal marks the first time BA has franchised its Express brand to an airline based outside the UK, although 49 per cent-owned TAT European Airways of France is licensed to ...
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Props back in Dusseldorf
Düsseldorf's move to ban turboprop aircraft has failed following legal action by three operators and the airport has agreed a 3 June restart date. Germany's second busiest airport has a longstanding slot shortage and faces additional handling problems as a result of a serious fire on 11 April. ...
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Iata fares badly over price fixing
Over the past 20 years, US officials have never missed an opportunity to utter their contempt for the tariff conferences that the International Air Transport Association holds for member airlines. The meetings, during which fare ceilings for international travel are set, have been exempted from antitrust laws since 1945. But ...
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Virgin buys into Europe
With the Virgin Group's takeover of 90 per cent of Euro-Belgian Airlines (EBA), continental Europe is getting its first taste of the US low-fare, short-haul carrier craze. In return, the US management team of Brussels-based Virgin Express is getting its first taste of the vagaries of the European market. ...
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Thai weighs cargo option
Thai International wants to take full ownership of a proposed national all-cargo operator being set up to tap into the impressive 15 per cent growth in freight traffic - almost double the annual rise in passenger numbers. Thai's management is proposing to set up the as yet unnamed ...
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Twin trouble over China
The extraordinary growth in China's air travel market has come as a welcome boost for the world airline industry but it is also sparking serious confrontation between rival carriers of two Asia-Pacific nations over route rights. In South Korea, Korean Air and rival Asiana Airlines are tussling over ...