All Strategy articles – Page 1167
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EBA takes control of French tour firm
BELGIAN AIRLINE EBA, has taken a majority share in French tour company Look Voyages, of France. The French company owns regional-charter operator Star Europe. The EBA move is aimed at speeding up its activities in France, where it recently acquired French subsidiary Air Provence is based. Look Voyages had a ...
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Finmeccanica and Fiat in engine merger talks
Andrea Spinelli/GENOA STATE-OWNED Finmeccanica is negotiating a possible rationalisation of the Italian aero-engine business with the Fiat Group. A successful outcome to the talks would see Fiat Avio merge with the smaller Finmeccanica operation at Alfa Romeo Avio. Previous attempts to marry the ...
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Filling the gap
THE 1995 BUSINESS FIGURES for the airliner manufacturers tell many stories. Boeing regained market leadership with an outstanding year, selling 346 aircraft worth some $31.2 billion. Airbus Industrie, which outsold Boeing in 1994, dropped back into second place in 1995, but delivered more aircraft than ever, giving it record revenues. ...
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France opens up internal routes
Julian Moxon and Gilbert Sedbon/PARIS FRANCE OFFICIALLY opened its internal air routes to competition from national airlines on 1 January, marking the final phase of the country's transformation to the fully liberalised European internal air-transport market on 1 April, 1997. All French airlines are now ...
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KLM
P F Hartman executive vice-president for personnel and organisation at Netherlands national carrier KLM is named executive vice-president for engineering and maintenance, replacing R G van Groenewoud, who is to leave the company. Hartman is replaced by, C van Woudenberg now executive vice president, for flight services. C J M ...
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Avianova flies Fokker 70
ALITALIA subsidiary Avianova put the first of its new Fokker 70 regional jets into service on 20 December, between Turin and Paris. The Rome-based airline has now taken delivery of the first three of its 15 ordered aircraft, with seven more to come in the third quarter, and the remaining ...
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Condor adds more travel agencies
CONDOR FLUGDIENST, Lufthansa's charter subsidiary, is to add to its growing portfolio of interests in tour operators, with a decision to take stakes in two more travel agencies. Condor will acquire all of Dusseldorf-based Fischer Reisen in 1996, and is taking a 10% stake in Hamburg-based Oger Tours, ...
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DASA stands by ailing Fokker
Andrzej Jeziorski/MUNICH DAIMLER-BENZ Aerospace (DASA) has confirmed it will continue to fund Fokker into the new year, in a move to counter growing fears that the manufacturer would be left to fend for itself unless a funding agreement was agreed with the Dutch Government before the year-end. ...
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Airlines
Kevin O'Toole/Business Editor THE WORLD AIRLINE INDUSTRY finally shook off the recession in 1995, to produce what are likely to be the highest profits on record. Barring unforeseen disasters, the industry should continue to forge ahead in 1996. The figures have yet to be collated for ...
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Las Vegas lasers shut down
Alan Staats/PHOENIX Hotel and casino operators in Las Vegas have been ordered to suspend their laser displays following an incident involving a Southwest Airlines Boeing 737 first officer being temporarily blinded by a burst of laser light. The event occurred even though the hotel involved ...
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ValuJet offloads reservations
VALUJET AIRLINES has turned its reservations system over to outside contractors in a bid to retain its competitive edge and preserve "a low-cost, low-fare niche in the industry". Some 1,000 employees - about one-third of the airline's workforce - are to be offered jobs with the outside contractors, Amlease and ...
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Aircraft news
SAS is to buy six more B737-600s worth an estimated $210 million, adding to its existing order for 35. South African Airways is to acquire seven B777-200s and two B747-400s. Amsterdam-based carrier Transavia has ordered eight B737-800s, with options on an additional 12. Gulf ...
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Appointments
Henrik Arle, EVP staff/finance, is taking on the responsibilities of general international relations, following the retirement of Oiva Rejasammal. The marketing aspects become the responsibility of EVP marketing Leif Lundstrom. Air New Zealand has appointed Annabel Cotton manager investor relations, and John H Blair company secretary and corporate ...
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Solo act in Doha
Now two years old, Qatar Airways has survived the pain of its launch period. But the carrier still has to transform Doha from a regional outpost into a global hub able to compete with Dubai and Bahrain. Report by Sara Guild. One expects to find a sheikh up front, but ...
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Surfers take to the air
Users of the Internet's World Wide Web spend around $40 billion a year on air travel, equivalent to the annual passenger revenues of the top three US majors combined, according to San Diego-based market research company CIC Research. Moreover, the majority are interested in using the Web to get travel ...
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Airline news
EVA Air was due to launch services from Taipei to Macau, Los Angeles and Panama in December and will begin Hong Kong services in February. Emirates has launched services to Ho Chi Minh City and Nairobi, both on a twice weekly basis. Elsewhere the carrier has launched Mercator, ...
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USAir looks to life alone
After its brief fling with United Airlines, USAir is settling down, if only momentarily, to its old position: alone with its high costs amidst a bevy of low-cost players. The only new wrinkle is that the airline may soon face even tougher competition, if Delta Air Lines succeeds in creating ...
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ANZ waits on Oz poll
The future of Air New Zealand's bid to take a 50 per cent stake in Ansett Australia could hinge on the outcome of the finely balanced Australian federal election scheduled to be held before March. Victory for the opposition Liberal Party will see a swift resumption of policy to complete ...
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Politics top bill at Aria
Planning decisions critical to the development of Aeroflot Russian International Airlines (Aria) are on hold following a Kremlin-instigated clearout of the carrier's boardroom which has placed the flag more firmly under political control. Only one member of the previous board of directors, chairman Gennady N Zaitsev, has survived ...
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Japan cuts to bite back?
Japan is taking a first step towards liberalising the domestic market by introducing flexibility in local fares. But the move could backfire and lead to near-monopolies on individual routes. Japan's Ministry of Transport plans to set benchmark fares for each domestic route based on cost and then allow ...