Strategy – Page 1062
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West sends clear signals over HK
There will be no more important global event this decade than the handover of Hong Kong, the most advanced economy in Asia (excluding Japan), to its neighbour in the north, the People's Republic of China. When the Union Jack is finally lowered at midnight on the last day ...
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Who dares follow Crandall's path?
Somewhat ruefully, a speaker at AvMan's recent CEO conference for Latin American and Caribbean airlines remarked that it now seems as if all roads lead to Bob Crandall, American Airlines' president and chief executive officer. There is a wide gulf, however, between those who eagerly hope to tread that path ...
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Financial results
Company Period Net US$ mil Comp period Sales US$ mil % change Aer Lingus Y Dec 31 51.2 24.2 1,225 -4.0 AMR Corp 1Q Mar 31 152.0 157.0 4,006 2.4 Austrian Airlines Y Dec 31 19.8 30.4 1,228 8.8 China Eastern Airlines ...
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A race to market
When Seiji Fukatsu, president of Japan's All Nippon Airways, called a press conference in mid-April, local scribes could have been forgiven for speculating that a major announcement of international import was in the offing. It was common knowledge that ANA was on the verge of releasing details of ...
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PIA sale to fund revamp
The Pakistani government has launched its search for a strategic equity partner to help recapitalise and restructure state-controlled Pakistan International Airlines. The government's privatisation commission plans to appoint financial advisors, consisting of an investment bank, a law firm and consultants, on 20 July to oversee the sale of ...
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Proceed with care
If a single US airline were to be picked out for its sheer likeability, then that airline would have to be Southwest Airlines. This darling of the industry consistently puts smiles on the faces of its employees, its passengers, bankers, analysts, shareholders, and even former Department of Transportation inspector general ...
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China limits CAL's choice
China Airlines' search for a foreign airline equity partner is being frustrated by potential bidders' fears of upsetting Beijing and the Taiwanese carrier is likely to find its choice of investors limited to the Chinese mainland. The quasi-governmental foundation that owns 81 per cent of China Airlines plans ...
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Star bursts on to scene
United Airlines and Lufthansa have moved alliance building into a new era with the launch in mid-May of the five carrier Star Alliance, which attempts to present the passenger with a more uniform product while retaining individual brands. At presstime, details were scarce but the carriers were keen ...
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Wolf stalks, unions resist
Frustrated by the lack of progress in labour negotiations and under pressure to cut costs, US Airways chairman and chief executive officer Stephen Wolf has launched an 'efficiency programme' that includes the ending of jet services to nine US cities, the grounding of 22 aircraft, and consolidation in maintenance and ...
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Commission cuts hit the small guys
This year's decisions by five US majors to cut commissions for on-line travel bookings in half could result in the collapse of smaller on-line travel agents, leaving this potentially lucrative market in the hands of three major companies. Northwest was the first carrier to cut the commission paid for on-line ...
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The pros and cons of retiring at 65
Sir - The US Federal Aviation Administration has tried to increase the retirement age for US airline captains from 60 to 65, but its efforts were rejected by the self-interest of the US Airline Pilots Association (ALPA), which cannot be truly representative of experienced US pilots' views, as a high ...
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The pros and cons of retiring at 65
Sir - The US Federal Aviation Administration has tried to increase the retirement age for US airline captains from 60 to 65, but its efforts were rejected by the self-interest of the US Airline Pilots Association (ALPA), which cannot be truly representative of experienced US pilots' views, as a high ...
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News
All change
The final countdown has begun to tick over Chinese rule over Hong Kong. With the clock ticking away, senior airline executives in the colony have been engaged in a last-minute game of musical chairs, before the Union Jack is hauled down on 30 June. The end-of-year departure of ...
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Maintenance DirectoryPart 2, Africa, Asia and Australasia
The growing importance of the Asia-Pacific market for aviation is attracting considerable investment in the region's airframe and engine repair and overhaul capabilities. With large numbers of new Airbus and Boeing aircraft entering service with Asia's carriers, local-airline engineering divisions and third-party maintenance companies are wanting to cash in on ...
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ARIA claims selecting Western aircraft was 'mistake'
Aeroflot-Russian International Airlines (ARIA) made a "mistake" in attempting to base its fleet around Western-built aircraft, says Valery Okulov, the airline's general director. "In the past, we thought we could work on the basis of Western aircraft, but we now know that was a mistake. We cannot base ...
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Airbus will limit A3XX engine choice
Airbus Industrie says that it will give airlines a choice of two engines only for the 550- to 650-seat A3XX. Three are now being offered: the Rolls-Royce Trent 900, a Pratt &Whitney PW4000 derivative, and a new engine from General Electric Pratt &Whitney Engine Alliance. "We are evaluating ...
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British Midland plans a foray into third-party maintenance market
British Midland is planning a major expansion into the third-party maintenance market, with the formation of British Midland Engineering, a new subsidiary company based at East Midlands Airport in the UK. The airline is also setting up a separate ground-handling company to expand its services in this area. ...
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FAA grounds Great Lakes Aviation
GREAT LAKES Aviation suspended flights on 16 May in the face of a US Federal Aviation Administration-imposed shutdown because of alleged deficiencies with maintenance operations. The action forced codeshare partners United Airlines and Midway Airlines to accommodate stranded passengers. Great Lakes served 82 cities in 21 US states ...
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Premier enters Malaysian regional market with 146s
The latest in a long line of new Malaysian start-up carriers, Premier Air, plans to launch charter services in September, equipped with two British Aerospace 146 regional jets. Premier general manager Selva Kumar says that the privately backed airline has already been granted an air-operator's certificate by the ...