All Strategy articles – Page 985
-
News
The first signs of light?
Results of the summer's capacity hike are starting to show through in Europe's latest results, but Commerzbank's Chris Tarry detects signs that the worst may be over. Leading off the latest round of reporting for the major European airlines, both KLM and British Airways have provided the first tangible evidence ...
-
News
Cape Town service hits a setback
ROGER MAKINGS JOHANNESBURG Plans by Nationwide Air, a domestic South African carrier, to link with Virgin Atlantic in starting a new service between Cape Town and London Heathrow have met with initial failure. Nationwide had applied for a temporary licence to fly the route weekly using a wet-leased Virgin ...
-
News
Judge rules out Canadian's takeover
DAVID KNIBB SEATTLE Everything came to a screeching halt late on the last business day before shareholders were set to vote on the counter-proposals from Onex and Air Canada. Quebec judge Justice Wery ruled that Onex's offer to acquire 31% of Air Canada and merge it with Canadian was illegal. ...
-
News
Canadian looks for oneworld lifeline
Members of the oneworld alliance are mulling over a temporary bailout for Canadian Airlines International. The struggling airline is looking for a cash injection of C$300-500 million ($200-$340 million) to put its financial house in order, and fight off Air Canada's takeover bid. The oneworld proposal was mooted at ...
-
News
Brighter spots on horizon for USA
Given heavy losses from Trans World Airlines and US Airways, the latest round of third quarter results from the US majors could have played much worse on Wall Street than it seems to have done. Most aviation analysts were keen to point to some bright spots on the industry's horizon ...
-
News
In Brief
PAL receives finance boost The US Export-Import Bank has dropped its objections to Philippine Airlines' rehabilitation plan, removing the carrier's last major barrier in efforts to emerge from near bankruptcy. The carrier says Eximbank filed a motion with the Philippine Securities and Exchange Commission on 28 October, confirming its ...
-
News
In Brief
EC to tackle ATC delays The Association of European Airlines has gained backing from the European Commission (EC) for a political solution to the worsening delays in Europe's airspace. EC vice-president and Transport Commissioner Loyola De Palacio has given the issue prominence in her transport work schedule, following the ...
-
News
In Brief
AA-BA revisit alliance In a move that has drawn fire from UK rival British Midland, British Airways has submitted a joint application with American Airlines for US approval to start codesharing between Chicago and New York, and eight UK cities, excluding London. The alliance partners also aim to share ...
-
News
In Brief
WTO rules on aircraft tax Washington has appealed against a World Trade Organisation (WTO) ruling that foreign sales corporations are an illegal subsidy. US exporters use these corporations to shield income from tax. That creates opportunities for tax-based leasing on such exports as aircraft. If the ruling stands, Boeing ...
-
News
In Brief
Vanguard to boost short-haul Kansas-based Vanguard Airlines has signed a letter of intent to lease six Boeing 737-200s from US Airways Leasing &Sales for delivery in the first quarter of next year. By expanding its fleet of 13 737-200s the airline says it will be able to pursue its ...
-
News
No borders, please
In documenting a sorry year for European air traffic management (ATM) - so far - the independent Performance Review Commission (PRC) has nevertheless thrown the industry more than a few crumbs of comfort. There is considerable latent traffic capacity, it says, which is waiting to be released, and all that ...
-
News
Hong Kong starts US bilateral round
Hong Kong and the USA were due to have opened their first round of air services talks in four years in mid November in a key test of Hong Kong's resolve to liberalise. The two-day round was due to have begun on 17 November in Washington DC with ...
-
News
Virgin Express heals Belgian CAA squabble
Herman De Wulf/BRUSSELS Brussels-based low-fare airline Virgin Express has had its air operator's certificate (AOC) extended for four months after resolving differences with the Belgian Civil Aviation Administration (BCAA) over changes in its senior management and the transfer of aircraft from the Belgian to the Irish register. Days after ...
-
News
BA tests wireless gatelink at Heathrow
British Airways plans to launch a six-month trial of wireless gatelink communication technology at London Heathrow Airport, starting in March or April. Initially, a Boeing 747-400 will be equipped with a gatelink antenna, radio modem unit and an airborne server in a project also involving SITA, Rockwell Collins and Penny ...
-
News
BA gambles
British Airways is on course to save more than £1.2 billion ($1.9 billion) from its three-year Business Efficiency Programme; enough, one might think, to guarantee respectable profitability even in the hardest of times. Yet analysts expect BA to barely break even this year, while the UK flag carrier last week ...
-
News
British Midland decides on the Star attraction
GÜNTER ENDRES LONDON After intensive talks with all the major alliances, with the obvious exception of oneworld, British Midland has opted to team with Lufthansa and the Star grouping. BM is expected to join in spring or summer of next year. The alliance signing is backed by Lufthansa taking ...
-
News
Battle for the Big Apple
JANE LEVERE NEW YORK The USA's north-east corridor, long a hotbed of airline competition, is entering a new phase of battle as traditional players face new rivals. And not all of them come with wings. There is much at stake in the lucrative north-east corridor of the USA. Salomon Smith ...
-
News
ANZ ownership debate hots up
The debate surrounding foreign ownership of Air New Zealand has been further fuelled by the decision by Brierley Investments, a long-standing major shareholder, to reincorporate in Bermuda and move its headquarters offshore to Singapore. Earlier this year, when the airline was vying with Singapore Airlines for a half interest ...
-
News
Alliances take hold in Asia-Pacific
NICHOLAS IONIDES/ATI SINGAPORE Alliance activity is on the rise in Asia-Pacific, with Korean Air (KAL) having won a place in the new global alliance being formed by Delta Air Lines, Air France and Aeromexico. Malaysia Airlines (MAS) is meanwhile edging closer to membership in the so-called Wings alliance based ...
-
News
Malév sees alliance as top priority
PETER BENNETT VIENNA Malév has admitted for the first time that it is to seek direct talks with all five of the global alliances, after a consultancy report from SH&E labelled this a top priority for the Hungarian flag carrier's privatisation. A Malév board meeting in early November decided to ...