Strategy – Page 1140
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Transbrasil underlines improvements in Brazil
Brian Homewood/RIO DE JANEIRO TRANSBRASIL HAS swung back into the black for the first time in eight years, helped by Brazilian Government reforms designed to stabilise the country's volatile economy. Brazilian flag carrier Varig has already reported a profit for 1994, and expects to make ...
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Cost-cutting helps Austrian reduce deficit
THE AUSTRIAN Airlines (AUA) group has managed to slash its operating losses for 1994 and aims to be in profit this year as it presses ahead with its restructuring. Group operating losses were held to Sch207 million ($21 million) for 1994, compared with Sch726 million a year ago. ...
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Low-cost measures
Agreeing to new training regulations is one thing - being able to afford them is another. Graham Warwick/ATLANTA Regional airlines have long hoped for advances in technology, which would make flight simulation more affordable. Now US regulatory changes are planned which will make simulator training ...
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Qantas foreign-ownership limit raised
THE AUSTRALIAN Government has raised limits on foreign ownership in Qantas Airways to 49%, ahead of the carrier's privatisation, although individual holdings will still be restricted to 25%. The policy switch, announced on 9 May, is designed to widen the base of potential investors when the airline's privatisation ...
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Nice Airport eyes airline share
NICE COTE D'AZUR Airport is a potential shareholder in a proposed airline to be based in the city. Despite being intensively marketed over the past two years and becoming the third-busiest airport in France, it still has no resident carrier. The envisaged airline, to be formed ...
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Fokker plans new Indian link
FOKKER IS CONSIDERING closer co-operation with aerospace company Hindustan Aeronautics (HAL), including an extension to the components work already undertaken by the Indian company for the Fokker 50. The Dutch concern is targeting India for sales of the turboprop Fokker 50 and the Fokker 70 and 100 regional ...
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Bernard walk-out shocks Air Inter
AIR INTER PRESIDENT Michel Bernard resigned on 12 May, after an eighteen-month tenure. His move came shortly after the carrier's last, protected route was opened to competition and followed a series of strikes. Restrictions on the last of the four, most profitable routes in France, were lifted by ...
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Lufthansa and SAS form strategic alliance
Andrzej Jeziorski/COPENHAGEN LUFTHANSA AND Scandinavian Airlines System (SAS) have forged an alliance linking their traffic systems and putting an end to SAS's role in the European Quality Alliance. No equity exchange is involved. The agreement, signed on 11 May in Copenhagen, will combine the partners' ...
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Tying the knot
In the world of airline alliances, few proposed so far have implications as great as that between Lufthansa and Scandinavian Airlines System (SAS) - not entirely from what is being done (though that is impressive enough), but also from what is not. This deal pulls together, in ...
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Pan Am Expands
Miami-based Pan Am International Academy has installed Airbus A300 full-flight and fixed-based simulators acquired from Continental Airlines. Source: Flight International
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Tan battles on for control of PAL
Philippine Airlines (PAL) chairman Lucio Tan is threatening to take the Government to the country's Supreme Court in his battle to retain majority control of the flag carrier. The Philippine tobacco tycoon controls PAL by virtue of his 51% stake in PR Holdings, which in turn owns 67% ...
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Lufthansa considers A320s for S America
LUFTHANSA IS considering using the Airbus cross-crew qualification (CCQ) concept to allow it to base A320s in Latin America to operate onward routes from its long-haul services. The airline will begin using Airbus A340s to Caracas, Venezuela, during the next winter timetable, but expects very low load-factors on ...
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USAir moves nearer union accord agreement
USAIR HAS WON tentative agreement on labour concessions from the International Association of Machinists. They join company pilots, in agreeing to the loss-making carrier's programme to cut $2.5 billion in labour costs, over five years. The airline is continuing negotiations with the Association of Flight Attendants and members ...
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Swissair finally seals alliance with Sabena
SWISSAIR HAS at last secured its longstanding ambition of taking a 49.5% stake in Belgian carrier Sabena, giving both airlines the critical mass they have been seeking within Europe. The deal was agreed between the airlines and the Belgian Government on 4 May, ending at least six months ...
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George Mikelsons
Appointing American Trans Air (ATA) chief-executive George Mikelsons chairman of Allison Engine is a sure sign that new owner Rolls-Royce intends to continue the US power plant manufacturer's drive into the commercial arena. Indianapolis-based ATA is the USA's biggest charter carrier and the nation's tenth-largest airline. It is ...
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Big business
Of all the Western companies to tackle the risk-laden challenge of doing business in the CIS, two can look back on the experience with more satisfaction than most. Their ventures were among the first East-West links forged after the opening up of the USSR, and have proved among the most ...
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Ansett NZ is crucial to Tasman future
The future of loss-making New Zealand domestic carrier Ansett New Zealand may be one of the last issues for resolution as Air New Zealand positions itself to take up News Corporation's 50% stake in Ansett Australia for an estimated A$50 million ($36 million). Air New Zealand has reportedly ...
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PW150 for Dash 8-400
Bombardier has selected the Pratt & Whitney Canada (P&WC) PW150 to power the planned de Havilland Dash 8-400 high-speed regional turboprop. The company received board approval on 24 April to offer the 70-seat aircraft to airlines and is aiming for a June launch. First flight of the Dash 8-400 is ...
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Thailand approves second flag carrier
THAILAND'S CIVIL Aviation Committee has approved the setting up of a second national carrier, as part of a plan to liberalise the country's air-transport industry. The proposal, which still needs to be endorsed by the cabinet, requires the new airline to have a registered capital of 2.5 billion ...