Strategy – Page 1132
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News
El Al plans to switch from purchasing to leasing
Arie Egozi/TEL AVIV EL AL HAS APPROVED a new strategic plan in which the Israeli carrier will freeze a scheme to purchase new aircraft over the next five years and switch to a policy of leasing. El Al has previously purchased all of its aircraft. ...
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El Al to evaluate cockpit system
EL AL IS TO EQUIP two of its Boeing 747-200 freighters with a wall-mounted, removable integrated cockpit-information system developed by Elisra subsidiary, Avionitek. The evaluation could lead to the airline equipping the bulk of its fleet with the unit. The idea is to provide each member of ...
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USAir changes tack on unions...
USAIR HAS ABANDONED efforts to win $2.5 billion in union concessions over the next five years, and plans instead to negotiate labour savings in contract talks. The decision to drop the talks with four unions follows disclosure of a $113 million second-quarter net profit. Union workers appear to ...
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Avia becomes Africa's latest casualty casualty
AVIA AIRLINES has filed for bankruptcy protection, becoming the latest casualty in the chequered history of recent South African start-ups. The independent airline, which used a leased Boeing 747SP from South African Airways, began operations in May, flying three times a week from Johannesburg to London Gatwick. ...
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Pilot changes
THE EUROPEAN airline-pilot market - much to the chagrin of the pilots - is still very much a buyer's market. There are some signs that it is freeing up, with some major airlines starting to recruit (or at least showing an interest). There is not, however, a widespread shortage of ...
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Delta reduces international routes in effort to cut costs
DELTA AIR LINES is to streamline its domestic and international route networks, including the axing of unprofitable services to five European and Asian cities, as part of cost-cutting efforts. The rationalisation, which is to be introduced with the winter schedule in October, will end European services to Hamburg ...
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AMR
Daniel Garton has been appointed president of AMR Eagle. Garton is a former senior vice-president and chief financial officer with Continental Airlines and has served as vice-president for financial planning and analysis and vice-president and treasurer at American Airlines. He replaces Robert Martens. Source: Flight International
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AACC
Aircraft Accessories and Components, of Jeddah, Saudi Arabia, has named Hamad Al Rowais president and chief executive and Abdul Hameed A Rashid Khan finance director. Rowais was previously vice-president for materiel management with Saudi Arabian Airlines and Khan was formerly financial controller for the Nazer Group based at Saudi capital ...
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When is a subsidy not a subsidy?
Sir - I refer to the article "Lufthansa achieves first-half profits as Weber hits out" (Flight International, 26 July-1 August, P4). Total state investment in Aer Lingus of Ireland in the 60 years since it was founded is less than the amount received in a single year (1994) ...
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Frasca First
Delta State University of Cleveland, Mississippi, has placed the first order for Frasca International's new Beech 1900C Flight Training Device (FTD). A similar machine has also been ordered by Gulfstream Airlines of Miami, Florida. Both simulators incorporate Frasca's FVS-200HR visual system. Source: Flight International
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CFE
CFE, which is a joint venture between AlliedSignal and General Electric, is studying potential growth and "lite" versions of its CFE738-1/2. The lite version would cover the 24-27kN range, incorporating new lightweight materials, an advanced fan and a two-stage low-pressure turbine. The growth CFE738 would offer ...
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ANZ will fight on for Ansett despite rejection
Paul Phelan/CAIRNS AIR NEW ZEALAND (ANZ) remains adamant that it will press ahead with attempts to buy a stake in Ansett Australia, despite an apparent outright rejection of its latest offer. ANZ initially proposed to take over the 50% stake held by News Corporation, which ...
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Qatar Airways to expand with 747s
QATAR AIRWAYS is raising the stakes in its competition with Dubai-based Emirates and the multi-national Gulf Air. According to Qatar chief executive Sheikh Hamad bin Ali bin Jaber al-Thani, the airline is acquiring two ex-All Nippon Airways 747-200s from Boeing to facilitate a large-scale expansion of its network which ...
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China continues airline constraints
Paul Lewis/SINGAPORE CHINA IS TO continue its two-year-old policy of restricting the start-up of new carriers, while encouraging smaller airlines in financial difficulty to merge with larger operators. "We will not in principle approve new airlines. We are controlling the number of airlines very strictly," ...
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Emirates 'pauses for breath' before next spurt of growth
EMIRATES reports that its spectacular growth slowed a little during the last financial year, but managing director Maurice Flanagan promises that this is no more than a "pause for breath". Passenger numbers rose by over 12%, while cargo traffic grew by nearly 25% during the 1994/5 year. Flanagan ...
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Baltic Boeings are burgeoning
Sir - I refer to the article "Baltic first for Boeing" (Flight International, 19-25 July, P12). While it is correct to state that, this was the first delivery of a new Boeing to a Baltic States operator, it is not the first to be operated in that region. That honour ...
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Euro Direct
Euro Direct Airlines of Slough, Berkshire, UK, has appointed Rex Lezard managing director. Lezard, who has previously held senior management positions with British Airways, was most recently chief executive of Air Malawi. ...
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Appointments
John McQuaid has been named chief executive officer of Airbus Finance Company. Douglas Parker has been appointed senior vice president and chief financial officer of America West Airlines. Ford Ennals has been named as director of marketing at British Airways. Jorma Eloranta has been ...
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All American airline dream
What is it about the airline industry that makes an entrepreneur's heart go of a flutter? Few people outside Houston ever grow up dreaming that they will one day start an oil company - though take note if your kid asks what the per-barrel price of East Texas crude will ...