All Strategy articles – Page 989
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News
Impulse plans float to fund regional jets
Paul Phelan/CAIRNS Impulse Airlines aims to expand into regional jets and is to fund its growth with a share flotation, following its severing of links with Ansett Australia last month. Impulse, based in Newcastle, New South Wales, operates feeder and hub-bypass services. It is preparing to raise funds ...
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Thai closes on privatisation
Jens Flottau/TOKYOThai Airways International chief executive Thamnoon Wanglee says a decision on the privatisation of the carrier will be taken next March or April, with the choice of investor determining whether the carrier remains within the Star Alliance. Wanglee confirms that British Airways and Qantas have made approaches on behalf ...
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SAirGroup earmarks cash for stakes in THY and TAP
Andrew Doyle/MUNICH SAirGroup is setting aside SFr500 million ($335 million) for its planned acquisition of equity stakes in THY Turkish Airlines and TAP Air Portugal next year. It is also close to finalising its new US airline alliance strategy. The Swiss company plans to bid for a 20% equity ...
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FlightSafety Boeing picks Luton for first European training unit
Max Kingsley-Jones/LUTON FlightSafety Boeing Training International (FSBTI) has rethought its European strategy, deciding to set up small training centres across Europe rather than one major hub near London Heathrow. The change of plan comes as the company initiates the development of a £44 million ($73.5 million) training centre, which ...
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Arkia eyes Nigeria bid
Arkia, Israel's largest privately owned airline, is planning to bid for a stake in Nigeria Airways when the state-owned carrier is partially privatised. "We are operating in Nigeria and it is our intention to be there when the government offers the shares of the national carrier," says Arkia executive ...
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Airbus wraps up Chinese package
A package of orders for 28 Airbus aircraft for Chinese carriers was announced by French president Jacques Chirac in late October, while hosting a visit by China's president Jiang Zemin. Although Chirac revealed that the deal includes eight A340-500/600s, 10 A318s and 10 A319s, details such as the identity ...
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Onex raises offer for Air Canada
Brian Dunn/MONTREAL The Onex investment group has improved its takeover offer for Air Canada in response to Star Alliance's bid to keep the carrier in the airline grouping, but there appears to be no quick end in sight to the Canadian airline industry's nine-week old merger battle. Onex ...
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Connecting East Africa
Kenya Airways has shown how to succeed, but its East African regional rivals are struggling Michael Wakabi/KAMPALA A shareholders' meeting on 26 November could pose ominous implications for the East African air industry. The stockholders control African Joint Air Services Agreement (AJAS), the holding company behind SA Alliance, the ...
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Turboprop makers bullish about stable future sales
The market for regional turboprop airliners is set for a relatively stable future, despite explosive demand for regional jets, say manufacturers. Production, they say, is expected to remain at consistent levels throughout the next decade. ATR expects to build more than 300 ATR 42/72 turboprops over the next 10 ...
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A330s set to wing their way to Iran
Andrew Doyle/MUNICH Iran has reached agreement with France over its planned purchase of four Airbus A330-300s for operation by flag carrier Iran Air, with deliveries of the aircraft to begin in 2001. Iranian transport minister Mohammed Hojjati told the country's official news agency, IRNA, that the $480 million deal was ...
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El Al compromises with A330/777 deal
Arie Egozi/TEL AVIV Airbus Industrie is set to conclude its first sale to El Al following the Israeli national airline's decision to split its medium-capacity fleet replacement order between the European consortium and Boeing. El Al is to acquire a mix of aircraft and has ordered three Boeing ...
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Reworking the model
KEVIN O'TOOLE A new alliance study carried out by Gemini Consulting, in collaboration with Airline Business, suggests that global groupings may have to adopt more than one model for their relationships. The last time that the airline industry indulged in a bout of alliance-forming at the start of the 1990s, ...
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A year to forget
PETER CONWAY LONDON It took a while for the Asian downturn to affect the air cargo industry, but last year the bad news really hit home. There is little hiding from the fact that 1998 was a dismal year for the air cargo industry. And final figures from the ...
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Forced marriages
PETER CONWAY LONDON The big three global alliances have produced few cargo synergies so far. Will they ever? Cargo departments could be forgiven for feeling a little excluded amid all the clamour surrounding global alliances. While vast amounts of management time have been focussed on cementing the right strategic relationships ...
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Travelocity merger with Preview stirs on-line fight
JANE LEVERE NEW YORK Global distribution system company Sabre has merged its Travelocity unit with Preview Travel in a step-up in the battle for the growing on-line travel market. The new company, Travelocity.com, will have projected sales this year of more than $1 billion. Travelocity was already top-ranked in ...
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Facing the markets
TOM GILL CASABLANCA Moroccan flag carrier Royal Air Maroc is preparing for privatisation and hopes to join Air France's global alliance. But it has not escaped the market turmoil hitting the rest of the industry. "When you make a lot of profit it is a bit worrying. You say ...
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Expanded horizons
NICHOLAS IONIDES SINGAPORE Singapore Airlines emerged relatively unscathed from Asia's economic turmoil. Now the group's executive team, led by Dr Cheong, aim to ensure that growth gets back on track, with alliances which will increase the carrier's reach around the world. The executive team at Singapore Airlines (SIA) would seem ...
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A lesson in low cost
Debonair's demise has provided a salutary lesson to other of Europe's low-fares carriers not to stray too far from the low-cost formula. Conventional wisdom may be much maligned, but it is not always wrong. Almost from the day that Franco Mancasola sketched out his plans to launch a ...
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New contenders join the contest in Peru
DAVID KNIBB SEATTLE Substitute LanChile and Grupo TACA for Cintra and Delta Air Lines and a new chapter opens in Peruvian aviation. LanPeru and TACA Peru, backed by their main patrons LanChile and Grupo TACA, have replaced the fallen AeroPeru that was owned by Mexico's Cintra and Delta. Meanwhile, a ...
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More to come says Star, as it welcomes new members
BEN MCMILLAN/ATI TOKYO Singapore Airlines (SIA) took centre stage at the inauguration of Japan's All Nippon Airways (ANA) into the Star Alliance in Tokyo in October by confirming its widely anticipated entrance into the multilateral airline grouping from spring next year. ANA was to join Star on 31 ...