Strategy – Page 1007
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Strikes ground North American airlines
Ramon Lopez/WASHINGTON DC Brian Dunn/MONTREAL The first week of strikes by pilots at Northwest Airlines and Air Canada have crippled the two carriers' operations. Estimates put the revenue losses in the two unconnected labour disputes at over $150 million by 5 September. Northwest was the first to be ...
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Tata consigns plans for new Indian carrier to scrapheap
The Tata Group has finally thrown in the towel and abandoned plans to launch a privately owned domestic Indian airline in the face of more than three and half years of government procrastination, as well as repeated changes to its aviation policy. Tata dropped plans to launch the new ...
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Asian crisis bites hard into Chinese airlines
Paul Lewis/SINGAPORE Asian economic woes have finally begun to catch up with the Chinese air transport industry, with the country's two largest carriers China Southern Airlines and China Eastern Airlines sliding into the red in the first half of 1998 as the result of growing overcapacity and deteriorating yields. ...
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SAirLines buys into Italian charter airline Volare
SAirLines, the airline division of the Swiss SAir Group, has bought a 34% stake in Italian charter carrier Volare. The shareholding was acquired on 28 August as part of a capital increase by the Italian airline. The Swiss company says this will provide its own charter carrier Balair/CTA with greater ...
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Lucas Aerospace offers airline a New Deal
Lucas Aerospace has signed an innovative 10-year spares deal with Trans States Airlines that will see the US regional carrier buy access to spare line replacement units (LRUs) for Embraer ERJ-145 regional jets. The contract, whose value has not been disclosed, covers the nine ERJs ordered by St Louis-based ...
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Varig service base taken over by GE
Geoff Thomas American engines giant GE is further expanding its overhaul and maintenance network by taking over Brazilian airline Varig's facility in Rio de Janeiro. GE will own 95% of the new company - to be called GE Varig Engine Services - while the original owner will retain ...
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Embraer wins further ERJ orders from Continental
US regional carrier Continental Express has confirmed its love affair with the regional jet by turning a further 25 options for the Embraer ERJ-145 into firm orders. The $375-million deal takes Continental Express's total firm orders with Brazilian manufacturer Embraer to 100, comprising 75 of the 50-seat ERJ-145 and ...
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BA order boosts IAE to record heights
As announced at the show yesterday, International Aero Engines (IAE) president and chief executive officer Barry Eccleston is headed for a new career with Fairchild Aerospace. He leaves the engine company on an undisputed high note. Firm and option business won during the last eight months totals $5.7 billion - ...
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Tie-up brings SITA solutions to airlines
The International Air Transport Association (IATA) has selected Internet provider SITA as a preferred corporate networking partner and signed a three-year agreement for exclusive networking services for corporate offices. The result will be that airlines around the world will have desktop access to SITA's online solutions which include electronic ...
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Cathay prepares to 'mothball' last 747-200s
Cathay Pacific Airways says it will be forced to 'mothball' its remaining Boeing 747-200s if it cannot sell or lease them by the end of this year. The Hong Kong-based carrier owns seven 747-200 "Classics", and has been attempting to sell or lease them since March this year as ...
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Qantas to upgrade RB.211 engine fleet
Qantas Airways has become the latest airline to opt for Rolls Royce's up-grade of RB.211-524G engines to the improved -524G-T. Rolls-Royce managing director for airlines, John Cheffins, says engines powering 18 of Qantas's 747-400s, plus spares, will be retrofitted. Cheffins would not give the value of the deal, but ...
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Celebration marks IAE sales milestone
It was large drinks all round at the International Aero Engines stand in Hall 4 to celebrate the delivery to Lufthansa of the 1,000th V2500 engine. Barry Eccleston, IAE president and chief executive officer, was joined by representatives of the companies that make up IAE and Jan Peter Jansen of ...
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Control system keeps a handle on stock
Mark Hannant British Airways Engineering Logistics Centre at London's Heathrow airport is a hive of activity. Each week it handles and ships more than 100 tonnes of aircraft spare parts. Keeping track of the movement of such a huge volume of traffic requires a complex system. And that ...
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New South Korean aerospace firm confirmed
South Korean conglomerates Daewoo, Hyundai and Samsung have agreed to merge their individual aerospace divisions, creating a newcompany to be equally owned by the partners. Park Jong Wook, assistant manager for international finance at Samsung, says a memorandum of understanding has been signed on the establishment of the as-yet ...
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Bombardier wins orders of $700m
Mike Martin Bombardier got Farnborough '98 off to a flying start yesterday with two orders worth a total of more than $700 million. The first is for 27 Canadair Regional Jet 200 and 700 series aircraft from Atlanta-based Atlantic Southeast Airlines (ASA) worth $575 million. The second order ...
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Air France and MEA reinforce accord with code-sharing deal
Julian Moxon/PARIS Air France and Middle East Airlines (MEA) have finalised a cooperation accord which will initially see the two airlines operating together on the route between Paris Charles de Gaulle and Beirut. The two airlines are old allies, the French carrier having held a 28.5% stake in MEA ...
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BWIA links up with Continental for revamp
Graham Warwick/WASHINGTON DC BWIA International Airlines has signed a memorandum of understanding on a code-share agreement with Continental Airlines as part of a three-year strategic revamp to make the Caribbean carrier profitable. Talks have also been held with Delta Air Lines, but Continental "-is the preferred option", BWIA says. ...
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JAL debates global alliance
Paul Lewis/Singapore Japan Airlines (JAL) is putting the final touches to its new code-share agreement with American Airlines, but is still debating the merits of joining British Airways, Cathay Pacific Airways and Qantas to form a planned new global alliance. The two carriers are due to sign an ...
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Hong Kong tackles long haul rostering
The Hong Kong Civil Aviation Department (CAD) is planning pioneering new rules on maximum permissible flight hours and minimum stand down periods, which will require Cathay Pacific Airways to overhaul crew rostering for long haul flights. Cathay has until 30 November to submit its response to the CAD 371 ...