Strategy – Page 1053
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Air UK considers options in fleet-expansion strategy
Max Kingsley-Jones/LONDON Air UK expects to finalise its fleet-expansion strategy in the coming months in a move which could see the airline selecting a new 60- to 80-seat aircraft to slot in between its 50-seat Fokker 50s and 99-seat Fokker 100s. Philip Chapman, Air UK's director ...
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Airbus lands first A340-500/600 deals
Max Kingsley-Jones/London Airbus has taken an important step towards a full programme launch for the A340-500/600 growth versions by securing commitments from two major airlines for the aircraft. Air Canada plans to take the types as part of a major A330/A340 deal, while Virgin Atlantic aims to become ...
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BA considers move in low-fare market
Max Kingsley-Jones/LONDON British Airways is studying a move which could see it proceed in the low-fare market against new "no-frills" rivals such as easyJet and Debonair. The airline, which is already seeking to cut costs by £1 billion ($1.7 billion) over the next three years, has ...
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EC sets out rules for BA and American alliance
Julian Moxon/Paris The European Commission (EC) competition directorate has laid out its position on granting approval to the planned alliance between American Airlines and British Airways. The paper, in which the EC outlines a series of problems it has with the alliance, repeats the call for ...
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LHTEC focuses on CTP800 design
Guy Norris/Indianapolis US engine manufacturers AlliedSignal and Allison are completing final-design work on the CTP800 turboprop for the Ayres LM200 Loadmaster freighter, following selection of a Hamilton Standard propeller system. The Loadmaster will be powered by twin CTP800s, a turboprop version of the T800 turboshaft, developed ...
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Marketplace
++ Icelandair has signed an agreement with eight financial institutions for the provision of $100 million loan, arranged by HSBC Investment Bank Asia and Landesbank Kiel, to finance two Boeing 757-200s due for delivery in January 1998, and April 1999. ++ The Florida based Aviation Management Support has acquired ten ...
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MHS to cut its Cambodian ties
Paul Lewis/SINGAPORE Malaysian Helicopters Services (MHS) looks set to pull out of its joint venture with Royal Air Cambodge (RAC), following the new Cambodian Government's decision to establish a joint venture airline with Thailand and open international air services. The Cambodian Government has signed a memorandum ...
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New US taxes may take a toll on airline boom
Kevin O'Toole/LONDON US airlines could be hit with extra taxes of almost $4 billion over the next five years under recommendations from the US Congressional committee set up to establish an alternative to the 10%federal ticket tax. The recommendation, which is expected to become law from ...
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Thai consortium searches for investors to make Angel fly
A Thai consortium recently selected to establish Thailand's second national carrier is looking for foreign investors to take an equity stake in the planned start-up operation, to be named Angel Airlines. JVK Holdings says that it is in discussions with potential overseas investors, including foreign airlines. It admits, ...
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US Airways makes new offer to pilots
US AIRWAYS has made a new contract offer to pilots who are suing the US carrier over tactics used during fruitless bargaining over cost-cutting measures. The airline claims that the proposal would provide pilots with job security while enhancing growth in operations which keep pace with rival airlines. ...
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Appointments
All Nippon Airways has named Kichisaburo Nomura as president and chief executive officer and Ryogo Inoue and Hiroshi Sakabe as senior executive vice presidents. Aéropostale has nominated Jean-Marie Mariani as CEO. Daan Meyer will become executive vice president of KLMEngineering and Maintenance, and Max Rens is ...
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Suppliers
British Midland has chosen International Aero Engines' V2500 engine to power its 12 A320s and eight A321s. Airbus has chosen the Rolls-Royce Trent 500 engine to power the A340-500/600. Cathay Pacific Airways has appointed the Sabre Group and IBMas its preferred ITsuppliers for 10 years. ...
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Virgin leaves Sun's orbit
In a surprise move, Virgin Atlantic Airways has opted out of the bidding for a stake in its current South African partner Sun Air, and has set its sights on the biggest fish of all, South African Airways. Virgin's withdrawal from the sale of state-owned Sun Air means ...
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US starts up merge mania
Low-fare, low-cost startups on both the east and west coasts of the US are seeking critical mass through mergers in their struggle for survival. On the east coast, ValuJet's mid-July merger with Airways Corporation allows the Atlanta-based airline to obtain critical mass without technically infringing the growth restrictions ...
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AA set to win Latin stake?
Victory appeared close for American Airlines at presstime in its bid to capture a stake in Aerolineas Argentinas. Although American was making no comment and Continental Airlines, the other bidder, said it had not been informed of any decision, well informed sources in the US were saying that ...
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French kiss of life?
Air France is getting into shape with a healthier balance sheet and budding alliance strategy. But its privatisation plans could be scuppered by the new French government and union problems remain. Lois Jones reports from Paris. Inhale, exhale. Inhale, exhale. Anybody got a spare inhaler handy? Air France needs more ...
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Business revolution
While Ansett Australia is certain to benefit from its relationships with Air New Zealand, United and Singapore Airlines, the carrier knows that internal change is required to ensure a more profitable future. By Tom Ballantyne. When former Cathay Pacific managing director Rod Eddington took control of financially struggling Ansett ...
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Shifting sands
European carriers have taken the lead across the North Atlantic, and major airports like Detroit, Heathrow and Amsterdam have emerged as the clear winners. April Pearson examines the latest data on the US-Europe market. Newly released International Onboard traffic data demonstrates how much the most competitive airline market in the ...
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Union action is ailing BA
British Airways' chief executive Robert Ayling was forced to adopt a more conciliatory tone with the airline's largest trade union, the Transport and General Workers' Union when, during a three-day strike by cabin crew in early July, BA ground staff voted to reject the package of terms and conditions linked ...