All Strategy articles – Page 987
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News
Leasing companies drop 767-400ER commitments after poor demand
Andrew Doyle/MUNICH Guy Norris/LOS ANGELES Leasing companies General Electric Capital Aviation Services (GECAS) and International Lease Finance (ILFC) have dropped their combined orders for seven Boeing 767-400ERs after failing to find sufficient market interest in the stretched twins. ILFC says it has switched its four remaining -400ER commitments for ...
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Egyptian start-up expands with A320 acquisition
Egyptian start-up Midwest Airlines is expanding operations with the acquisition of Airbus A320s and planning to launch scheduled operations. Privately owned Midwest launched operations in June with two ex-Air Afrique Airbus A310-300s. Based in Cairo, the airline operates charters between Egyptian tourist destinations and Europe. The airline has ordered ...
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Boeing claims 747-X will catch A3XX
Guy Norris/LOS ANGELES Boeing is claiming that its new stretched 747-400X design is capable of meeting and even beating the direct operating costs of the all-new Airbus A3XX. The startling assertion is based on revised performance estimates for the 747-400X, plus new, independent airline analysis of the latest A3XX proposals. ...
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Emirates eyes 120-seater for new regional network
Emirates will shortly start talks with Airbus and Boeing to acquire 120-seat aircraft to launch a network of regional services from its Dubai hub. The carrier is also studying airline alliances, to allow it to decide whether to join a grouping, says Emirates chairman Sheikh Ahmed bin Saeed Al Maktoum. ...
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Routes
British Airways is launching a new three times daily route from London Gatwick to Hanover, operated by franchise partner CityFlyer Express. United Airlines is introducing 20 new daily nonstop flights to key Californian business destinations, including Santa Barbara, Medford, Reno, Palm Springs and San Diego, from its Los Angeles hub. ...
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Marketplace
Singapore Aircraft Leasing Enterprise has firmed up a commitment for 23 more A320 family aircraft, taking the Singapore Airlines/Boullioun Aviation joint venture's Airbus narrowbody orders to 41. The deal includes 20 A320s and three A321s for delivery between early 2001 and 2008. Engine selections have not been announced. Malaysia Airlines' ...
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Europeans think radically
Julian Moxon/TOULOUSE Airbus Industrie and its partner companies have begun looking at configurations that could lead to the introduction of radical designs for new airliners in the next century. The first of a series of meetings to consider future concepts takes place in Toulouse, France, this week. "We are examining ...
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Emirates turns class into marketable commodity
Mike Martin/DUBAI Emirates will consider taking a stake in other airlines - as it has with SriLankan - but will not rush into new ventures, Emirates chief director Group Services Gary Chapman said at the show. "We will consider opportunities with our feet firmly on the ground," says ...
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British Midland deal helps boost Star's presence at Heathrow
Laura Hailstone/LONDON British Midland (BM) has confirmed its much-anticipated entry into the Star alliance. This follows Lufthansa's acquisition of a 20% stake from partner SAS for £91.4 million ($150 million). The deal, which will see SAS' shareholding reduced to 20%, gives Star more than a quarter of all movements ...
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Belgian Government to decide on future of its stake in Sabena
Herman De Wulf/BRUSSELS Belgian transport Minister Isabelle Durant is pushing the government for a policy statement on whether it plans to sell its stake in national flag carrier Sabena. The new Belgian Government came to power in June but has yet to reach a conclusion about whether to hold ...
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Dubai International Airport makes alliance with ENOC
Geoff Thomas/DUBAI Strategic alliances are the name of the game in aerospace -so it comes as no surprise that the Emirates National Oil Company (ENOC) is looking to forge new relationships...on the ground. Here at the airshow, ENOC and Dubai International Airport ground operator Dnata jointly commissioned a new ...
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USA pressures El Al over Airbus buy
El Al is coming under increasing political pressure from the USA to rethink its selection of the Airbus A330, and re-evaluate the Boeing alternative. Last month El Al decided to split its medium capacity fleet order between Boeing and Airbus, ordering three Boeing 777-200ERs and announcing plans to buy ...
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Air Canada prepares new takeover bid
Air Canada is set to make a formal offer for Canadian Airlines, after a Quebec judge declared the rival Onex bid to buy Air Canada violated federal law prohibiting any shareholder from owning more than 10%. The failure of Toronto-based Onex to acquire Air Canada and merge it with ...
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Air Canada submits offer: ATI
Air Canada is giving Canadian Airlines' shareholders until 7 December to accept its C$2-per-share bid for its major rival, after mailing the formal offer to the shareholders. The Montreal-based carrier has set up a new company to make the offer. Although the offer is to be funded by Air ...
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Marconi HUD system cleared for B737
Tim Ripley/DUBAI Marconi Avionics executives are celebrating being awarded Supplemental Type Certification (STC) by the US Federal Aviation Administration (FAA) for full operational use of the HUD 2020 Visual Guidance System (VGS) on Boeing 737-800 aircraft. "The award of STC to Marconi is a major milestone in promoting ...
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Fujairah flies the flag with a pioneer promotion
Hugh McAtear/DUBAI Fujairah International Airport, the only airport on the east coast of the UAE, is here to highlight its unique position as a potential alternative to established airports in the region. The pioneer appearance at the show kicks off an international marketing push to promote both passenger ...
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Sheikh Ahmed looks to buy narrow bodies for Emirates
Alan Peaford/DUBAI Emirates Airline is to broaden its fleet with the acquisition of narrow-bodied aircraft to meet a growing demand for regional transport. Sheikh Ahmed bin Saeed Al Maktoum, chairman of Emirates and president of the Department of Civil Aviation, says he will be talking to both Boeing and ...
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Authorities taking no chances with Y2K compliance
Steve Nichols/DUBAI With the Year 2000 less than 50 days away the airline industry is feverishly putting the finishing touches to its Y2K 'millennium bug' programmes. Analysts point to Turkey, Egypt, India and South Africa as being the worst-prepared regions, although IATA Director General Pierre Jeanniot reports that: "Excellent ...
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Ikonos returns quality images from Space
Steve Nichols/DUBAI If you want a bird's eye view of Dubai, try visiting Space Imaging Middle East (E820). The company is showing some of the first high-resolution photographic images of the United Arab Emirates, taken by the recently-launched Ikonos satellite. Ikonos is the world's first commercial high-resolution imaging satellite, circling ...
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Airbus pegs regional market at $50bn up to 2020
Mike Martin/DUBAI Airlines in the Middle East and North Africa will buy $50 billion worth of aircraft over the next 20 years. That adds up to 620 aircraft, according to the latest Airbus Industrie market forecast. This prediction is 70 aircraft more than that forecast by Boeing earlier this week ...