Strategy – Page 1054
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Unity comes to Caribbean
The Caribbean islands, jolted by the damaging implications the threatened pilot strike at American Airlines could have had on tourism to the region, have put aside internal differences to pursue a unified commercial aviation policy. Air Jamaica and Montego Bay Airport, now designated the carrier's hub for the ...
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Airports face down charge
Brussels' second attempt to push through legislation to harmonise airport charges in Europe has attracted the usual hail of criticism from both sides of the industry. Airport charges vary widely across the European Union. In its draft proposal, the Commission highlights a 'cost variation for these facilities and ...
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Xiamen joins China float
Xiamen Airlines looks set to become the fourth Chinese airline to go public, following the boost the domestic carrier has given to its majority shareholder China Southern Airlines in advance of its parent's late July stock market debut. At presstime, China Southern was heading for Hong Kong and ...
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Power to the plans
As the major alliance partners strengthen the ties between their frequent flyer programmes, the combined power of FFPs to influence the all-important business class traveller has made frequent flyer plans more important to global alliances than codesharing. Report by Jackie Gallacher. 'It is the glue to hold the alliance together.' ...
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SIA re-opens Indian file
Singapore Airlines looks set to become the first beneficiary of the latest twist in India's convoluted efforts to develop a coherent aviation policy. The country's new prime minister has directed the aviation ministry to abandon its two-month old ban on foreign ownership of domestic airlines, opening the door again to ...
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Jakarta trio seek remedy
Indonesia's financially battered airlines are taking extraordinary measures in their bids to turn around their performance, including the end to most domestic competition. Privately owned Sempati Air, with debts of more than US$300 million, has given up competing with national flag carrier Garuda Indonesia Airways and entered an ...
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KLM ponders US disposal
As KLM increased its holding in Air UK to 100 per cent, speculation was mounting that the Dutch major was close to selling its 19 per cent stake in partner Northwest Airlines. The move by KLM to sell its stake in Northwest is seen by analysts as the ...
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Five vie for cut of LAM
Three airlines have emerged as bidders for a stake in LAM Mozambique Airlines, with a decision due by October. In total five consortia, including three led by TAP Air Portugal, South African Airways, and Air Mauritius, have pre-qualified to bid for a 51 per cent stake in the ...
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Aer Lingus is left in a stew
Aer Lingus may need its share of the luck of the Irish to pull it back from the brink of pending financial disaster. The airline requires equity investment via a public flotation or a strategic alliance, combined with a severe cost cutting programme, to pre-empt repetition of its ...
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Qatar plans Gulf shuttle
Qatar Airways plans to introduce the first intra-Gulf 'shuttle' service as part of the airline's ambitious relaunch. Qatar intends to launch a minimum of four daily turboprop services from Doha to Dubai and Abu Dhabi by the end of 1998. If successful, Qatar will extend the 'shuttle' concept ...
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...and eyes up ANZ stake
After pinning down its far-reaching alliance with Air New Zealand and Ansett, Singapore Airlines is reaching for its chequebook in preparation for equity investments in Asia-Pacific carriers. SIA is talking about becoming a part-owner of Ansett, Air NZ or both, according to insiders. At the same time, the ...
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Big seven hit by tax lobby
The seven US majors lobbying to replace the universal 10 per cent ticket tax have talked themselves into a corner and look set to end up with an extra $4 billion to pay over the next five years. This is the estimate of one Washington lobbyist, who says ...
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Agents of change
The combination of commission capping by airlines and the advent of new technology was expected to spell doom for many in the travel agency business. But cushioned by the economic upturn, the sector is starting to adapt to the changing environment in a bid to survive. By Jane Levere. Commission ...
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Cry Wolf!
After 18 months as chairman and CEO Stephen Wolf has changed USAir's livery and name to USAirways but achieved precious little else. As he struggles to persuade the unions of the need for concessions, Karen Walker asks if this US airline veteran's bark is now worse than his bite. Could ...
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TWA fleet costs jobs as other US majors report rise in profits
Trans World Airlines (TWA) is to reduce its work force by some 1,000 people, with half the cuts being made in maintenance operations. The announcement comes as TWA reported a small loss in what was otherwise another quarter of healthy profits from major US carriers. TWA says that the ...
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China Southen floats on pair of stock exchanges
China Southern Airlines is to become the largest mainland Chinese carrier yet to float its shares publicly, with a dual listing on the New York and Hong Kong exchanges. The Guangzhou-based airline is to make an initial public offer of around 32% of its stock at the end of ...
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Dragonair
Algernon Yau has become general manager planning and international affairs at Hong Kong regional carrier Dragonair, replacing Augustus Tang, who returns to Dragonair's major shareholder, national carrier Cathay Pacific Airways. Ronnie Choi has been named general manager for customer services, a position which was formerly held by Yau. Choi, who ...
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Delta
Delta Air Lines has named Frank Meditz regional manager for multi-national accounts - Europe, based in London, UK. He is now manager for corporate sales. Peter Hannaford is appointed manager for multi-national and key accounts, also based in London. He now holds the position of account executive - London. Roman ...
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First Boeing 777-300 is joined together
THE final body join of the first Boeing 777-300 fuselage, the longest airliner built to date, was accomplished at around 1.30am on 21 July at Boeing's Everett, Washington, site. The completed aircraft will be 73.8m in length, or around 3.4m longer than the 747. Despite the structural changes ...
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Former Aeroflot directorate Pulkovo takes on its own identity
Pulkovo Aviation Enterprise, the St Petersburg-based airline which was previously the north-western directorate of Aeroflot, has now taken on its own identity, as illustrated by this Tupolev Tu-154B-2 at Shannon, Ireland. The airline operates a fleet of Tupolev Tu-134s and Tu-154s, Ilyushin Il-86s and Antonov An-12 freighters.Pulkovo's route network, some ...