All Strategy articles – Page 994
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News
SR Technics sets up joint ventures
SR Technics is to form separate maintenance joint ventures with South African Airways (SAA) and France's AOM, carriers to which it is linked via parent company SAirGroup, which has equity stakes in both. The Swiss overhaul specialist says it is in "very advanced" talks about the South African venture. ...
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Marketplace
Air France has signed a five-year lease agreement with International Lease Finance (ILFC) for three General Electric GE90-powered Boeing 777-200ERs. The aircraft will be delivered between April 2001 and February 2002. Brymon Airways has taken delivery of the first of seven Embraer RJ-145s it has on order. Sabena has firmed ...
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Routes
American Airlines and Turkish Airlines have signed a codesharing agreement, with implementation pending negotiation of a US-Turkey open-skies agreement. Northwest Airlines, KLM and Alitalia are to launch reciprocal codeshare flights to 42 cities worldwide from the beginning of April. Vanguard Airlines will discontinue services to Cincinnati on 2 March, after ...
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Sibir targets second spot
Sibir Airlines plans to establish a hub at Moscow's Vnukovo Airport while expanding its network of subsidiaries in Siberia and Russia's Far East. The proposals could make it the country's number two carrier. The airline expects to carry up to 1.5 million people this year, doubling its 1999 load of ...
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Workshop
General Electric Engine Services and South Korea's Asiana Airlines have launched an engine support joint venture - GE On Wing Support-Korea - based at Seoul's Kimpo Airport. The company will support all engines in Asiana's widebody fleet and is expected to save the airline $20 million annually. Northwest Airlines has ...
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SAirGroup buys 39% of TAP Air Portugal
BARRY CROSS LONDON Following months of delay, the SAirGroup has finally purchased a stake in financially troubled Portuguese flag carrier TAP Air Portugal. The size of SAir's holding - 39% - is much larger than the previously mooted 20% stake that the Swiss negotiated in the summer, reflecting the parlous ...
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Northwest adds new fare
Jane Levere New York Northwest Airlines is gambling on attracting a larger share of the US business traveller market by creating a new type of discounted advance purchase fare that does not include overnight an Saturday stay requirement. The new tariff, available only on US and Canadian routes, features ...
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BA underscores its African presence
ROGER MAKINGS JOHANNESBURG British Airways and its oneworld alliance could be about to strengthen its challenge in sub-Saharan African, following the UK carrier's decision to buy into regional partner Comair. BA plans to take an 18% stake, worth around R168 million ($28 million) in Johannesburg-based Comair, which signed as a ...
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Air Canada tightens grip on Canadian
David Knibb Seattle Canadian Airlines is disappearing as an independent company as Air Canada proceeds to convert it into a wholly owned subsidiary under a new management team and brand. Air Canada has appointed Paul Farrar, a restructuring specialist, as Canadian's new chairman. Paul Brotto becomes chief operating officer. ...
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Air France develops hub and invests in regionals
ANNIE REDMILE PARIS COLIN BAKER LONDON Air France plans to take advantage of capacity restraints at rival European hubs with an expansion of Paris Charles de Gaulle (CDG). It has also been busy investing in regional airlines which will feed traffic into the airport. Over the past ...
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Indian Airlines stake attracts interest
RAVI PRASAD NEW DELHI The Indian Government's latest plans to sell an equity stake in Indian Airlines this year has drawn interest from major Indian corporations. These include Sahara Group of Industries, parent company of Sahara Airlines; the Tata Group, which had planned to launch an airline in a joint ...
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KLM pushes Alitalia on Malpensa
KLM chief financial officer Rob Abrahamsen has given alliance partner Alitalia three months to complete its long-planned move from Milan's Linate Airport to its new Malpensa hub. Should Alitalia fail to meet the deadline, KLM could dissolve the alliance between the two carriers. Alitalia originally told the Italian Government ...
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ANZ takes control of Ansett Australia
DAVID KNIBB SEATTLE Ansett Australia has finally become a wholly owned subsidiary of Air New Zealand (ANZ) following agreement by News Corporation to sell its half share. ANZ will acquire the half interest in Ansett that it blocked Singapore Airlines (SIA) from buying last year. The New Zealand ...
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Legend take-off renews Love battle
CAROLE SHIFRIN WASHINGTON DC Legend Airlines, a new business-traveller oriented airline, has been cleared for take-off by a US Circuit Court of Appeals after a two-year wrangle over its plan to operate from restricted Dallas Love Field. The carrier's services, which will bring long-haul scheduled flights to Love ...
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Out of the blue
CAROLE SHIFRIN NEW YORK New York's new start-up carrier gets off the ground, boasting an impressive management team, some attention-grabbing innovations and a sizeable sum of money. Does it also have staying power? David Neeleman, the 40-year-old founder and chief executive of JetBlue Airways, exudes confidence that the newest low-fare ...
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Maverick in Brazil
BRIAN HOMEWOOD RIO DE JANEIRO TAM has grown out of its regional status to become Brazil's second biggest airline. Its chief executive wants greater competition, although not an open skies deal with the USA. Every weekday morning between 06.00 and 07.00, TAM president Rolim Amaro can be found on ...
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In brief, International
Freight merger Lufthansa and Deutsche Post are looking at a pooling of their logistics operations which could see DHL International, Lufthansa Cargo and Air Express International brought under a single structure. The German post giant and Lufthansa each have a 25%stake in express delivery specialist DHL International, while Deutsche ...
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Virgin's Brisbane choice revives terminal debate
Virgin Australia's selection of Brisbane as its operations centre raises questions about the airline's strategy and revives the debate over airport terminal access. Brisbane is the smallest of Australia's three big cities and it handles the smallest share of their air traffic. Statistics show that 51% of all domestic ...
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Threat to single cargo platform
A three-year initiative aimed at developing a seamless, door-to-door system for conventional air cargo could be in jeopardy if a meeting in Los Angeles on 24 February votes as expected. At stake are plans by the International Air Transport Association's special interest group, Cargo 2000, to create a ...
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...and plans to end commissions
ANNIE REDMILE LONDON Plans by British Airways to axe a new travel agency bonus scheme and pay transaction fees instead of commission from next January has damaged a fragile relationship with the UK travel trade and may have repercussions across Europe. According to Sandy McPherson, chairman of the Association ...