Strategy – Page 1050
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Eastern rising
EVA Airways of Taiwan has achieved formidable progress in six years Brent Hannon/TAIPEI EVA Airways, launched with little fanfare in mid-1991, today boasts a fleet of 30, a route network which extends to London, New York and Panama City, and a balance sheet which shows ...
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Court sends receiver to run Israviation
Israviation has halted work on the ST-50 pusher-turboprop business aircraft, after an Israeli court appointed a receiver to manage the manufacturer's plant in northern Israel. Efforts are being made to find a new investor to replace the undisclosed Swiss company whose decision to pull out of the programme ...
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IBA
UK aviation consultancy the International Bureau of Aviation (IBA) has appointed Phil Seymour, formerly vice-president, technical at Exxtor, as director of technical services. He has also worked at British Airways, Dan-Air, Air Europe, Ambassador and Saudi Arabian Airlines. Source: Flight International
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Asiana gains widebody approval
Paul Lewis/SINGAPORE Asiana Airlines has finally been given government approval to order its first tranche of 14 new Airbus and Boeing widebody aircraft, following commitments from the manufacturers to meet last-minute South Korean demands for offset work. Tentative agreement on the question of industrial concessions has ...
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EVA turns sights on Europe in search for partner
Following confirmation of its tie-up with Continental Airlines, Taiwan's EVA has now turned its attention to finding a European partner. The two front runners are believed to be existing Continental partner, Air France, or Virgin Atlantic. "Air France is a good alliance for us, and could be for ...
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ValuJet probe shows cockpit shortcoming
Ramon Lopez/WASHINGTON DC Improved cockpit emergency training might have prevented pilots of a ValuJet McDonnell Douglas DC-9 from being overcome by smoke and fumes from a cargo fire, says the US National Transportation Safety Board (NTSB). The verdict follows its probe into the fatal crash of ...
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Chinese airlines propose flotations
China Eastern Airlines and China Southern Airlines are each planning to sell additional shares on the domestic Shanghai exchange, following their successful initial public offers in Hong Kong and New York. Shanghai-based China Eastern plans to sell shares representing around 6.5% of the airline to Chinese investors, raising ...
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SASCommuter confirms selection of 15 Dash-8 400s
SASCOMMUTER confirms that it plans to sign a $350 million deal for 15 Bombardier de Havilland Dash 8-400 turboprops, plus 18 options, representing the largest single order to date for the Canadian manufacturer's new high-speed 70-seat aircraft. The Dash 8-400 selection will fill a gap between the mainline ...
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Appointments
Royal Brunei Airlines has appointed Pg All bin Haji Ahmad as director of corporate affairs, Haji Yahya Cheman as director of customer services, George Tan as director of sales, and Brian Johnson as director of technical services. Don Washburn has been named executive vice president flight operations at ...
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Suppliers
Galileo International's initial public offering on the New York Stock Exchange raised US$784 million, giving the company a market value of $2.45 billion. Galileo acquired the Traviswiss distribution company for $8 million in July. The Sabre Group is to install its passenger reservation, yield management, passenger control, frequent ...
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PIA scraps sale
Pakistan International Airlines has shelved its planned partial privatisation. Instead the airline will look to tap the capital markets to fund restructuring and fleet renewal - PIA is looking at replacing its long-haul fleet. The airline also plans to cut costs by 20 per cent by the end of the ...
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Together we stand
As the major airline alliance groups begin to solidify, they are becoming more controversial than ever. This table reveals the truth behind the groups which seek to dominate the airline industry. The Star Alliance is well on the way to being the largest alliance group. Once Varig joins in October, ...
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Marginal gains
Given the usual distortions caused by special items, from restructuring costs to investment write-downs, all summaries of airline profitability have to be read carefully. The overall impression from this year's Airline Business 100 is that 1996 was a great year for some, but others have a long way to go ...
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Traffic leaders
Last year was another relatively strong year for growth. The 100 largest airlines achieved a 5.3 per cent increase in passenger numbers, but as average journey distances increased revenue passenger km jumped by 8.7 per cent. A disappointing freight performance held the growth in total tonne km back to 6.5 ...
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Time to measure up
The airport industry has been caught up in the trend towards benchmarking and should accept performance indicators as a valuable source of information to both managers and investors, argues Peter Mackenzie-Williams. Airports beware. In many business fields managers have for some time increasingly been seeking to compare the performance ...
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Hell for leather
American Airlines is pushing alliance logic to the limit, leaving its rivals howling in protest and regulators perplexed at the issues of hub and market dominance that have been brought to the forefront. Karen Walker reports.Mention the word 'alliance' in the same sentence as 'American Airlines' and you might as ...
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BA strikes up Spanish talks
After a damaging three-day strike forced British Airways back to the negotiating table, management set about leaking plans for a low-cost carrier in a bid to raise the pressure on the cabin crew union. At the same time, BA has started talking with Iberia about a possible alliance, following a ...
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Time to sprint
The pace of business life in Brazil is slow. The Brazilians tend to advocate the 'Mañana' approach introduced by their Portuguese forefathers and add an extra week onto the deadline for virtually any urgent task. Liberalisation is proceeding at a leisurely pace. 'Any new step towards open skies will ...
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Hun postures as war rages
In a bid to revive Cambodia's standing in the region and the world, new leader Hun Sen played the aeropolitical card while the country was still reeling from a civil war sparked by his bloody coup in early July. As foreign airlines cancelled services and refugees fled into ...