Strategy – Page 1143
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CSA optimistic on profit prediction
Andrzej Jeziorski/PRAGUE CZECH AIRLINES (CSA), which had to be bailed out by its state owner in 1994, is forecasting that it should be back in profit by 1997. The airline believes that it is back on course for recovery after cutting net losses by around CKr1 ...
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Air India pessimistic on 1996 results
Veena Singh/BOMBAY AIR INDIA EXPECTS to post a loss for the coming financial year after only narrowly staying in the black for 1994/5, according to bleak predictions from the airline's board. An initial estimate of the airline's performance for the year to the end of March ...
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ARIA Shannon hub delayed by New York negotiations
Paul Duffy/SHANNON THE LAUNCH OF the Aeroflot Russian International Airlines (ARIA) hub at Shannon, Ireland, has been delayed by negotiations with the Port of New York over slots at Kennedy International airport. The required slots have now been obtained, but operations will not begin until 26 ...
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Israel defers El Al sell-off
THE ISRAELI Government has postponed the planned flotation of El Al for six months because of the crisis facing the Tel Aviv stock market. Valuations being put on the national carrier have failed to meet Government expectations. If the market fails to improve, the Government is expected to ...
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Struggling TWA details 1994 loss
TRANS WORLD Airways (TWA) has revealed that it ended 1994 with losses of $436 million, although the struggling airline takes some comfort from an improvement in its unit costs and a reduced operating loss. Unit costs fell by more than 2%, because of early returns from a new ...
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ANZ poised to take stake in Ansett
Air New Zealand (ANZ) is expected to make a direct entry in to the Australian domestic market by taking a stake in the Ansett group. Ken Cowley, chief executive of News Corporation, which jointly owns Ansett, is due to meet Australian Prime Minister Paul Keating to discuss the ...
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European airports caution on passenger growth
EUROPE'S CONGESTED airports managed to overcome capacity constraints to post an 8% rise in passenger traffic during 1994, but the region's leading hubs at London and Paris warn that growth cannot be maintained without new infrastructure investments. Although passenger growth within Europe was close to the world average, ...
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Airbus spells out maths behind NLA
AIRBUS INDUSTRIE'S forecast of substantial demand for a new large aircraft (NLA) with more than 600 seats is based on an internal study showing a high concentration of sales to a handful of operators. The predictions, which were not released in Airbus' Global Market Forecast (Flight International, 29 ...
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Boeing notches 737 orders with another due shortly
BOEING HAS won orders for a further 14 737-700s and is virtually assured of at least another six commitments for the new 737 family. German charter operator Germania Fluggesellschaft has ordered 12 aircraft, worth about $512 million, and Bavaria Fluggesellschaft has confirmed an order for two more, which ...
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Keeping track
The Traxon cargo automation system is now well established, but some significant technical and political obstacles remain. Mark Lyon reports. Air cargo doesn't achieve its potential for most airlines. Industry critics want carriers to work more closely with air freight forwarders so these two partners ...
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Appointments
Gaston Hébert has been named president of de Havilland, replacing Ken Laver. John Horne has been appointed airport director for London/City airport. Rick Ellis has been appointed chief executive of Ansett New Zealand. He replaces Craig Wallace, who has taken a senior position with Ansett Australia. ...
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Suppliers
PROS Strategic Solutions has installed its bid price based origin-destination revenue management system at Continental Airlines. BehavHeuristic yield management system has been installed at Icelandair. FLS Aerospace has won a five year contract from Irish independent Ryanair to provide heavy maintenance for 11 Boeing 737-200s. The ...
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Malev reshuffle
A political reshuffle has lead to the ousting of Malev's managing director Andras Pakay. At press time, a replacement had not been announced, but former minister of transport Andras Derzsi has been appointed as the new president and chairman of the board. Alitalia is understood to have opposed Pakay's departure ...
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China's high flyers
Timing. That is the key word for any interested party wondering when the big three Chinese carriers, China Southern, China Eastern and Air China, will eventually list and sell shares on the New York stock exchange.While the indications are that China Eastern at least will be ready later this year, ...
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The big float
There are doubts over whether the jewel of the Chinese state-owned airlines, Air China, will be allowed to follow flotations at China Southern and China Eastern in two years' time. David Knibb reports. Whether Air China will sell and list shares overseas after China Southern and China Eastern depends ...
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On the attack
Mid-sized airlines face crucial decisions as they focus on which strategies and management tactics to adopt. Sara Guild reports from an Airline Business conference on the future of medium-sized carriers. The greatest profit potential for medium sized carriers lies in a direct attack on the strategic weaknesses of ...
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Top earners must deliver
As an avid reader of your intelligent, well reported magazine I was surprised with part of the February editorial, Crisis over - but don't let up. There is no doubt that the airline industry must change, and that companies must be more innovative and responsive in future. My main concern ...
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China order thaw on way
Pressure is mounting for Beijing to relax its freeze on new aircraft orders. It looks as if the Civil Aviation Administration of China will permit two, and perhaps all three big carriers, to place firm orders. Senior Air China officials recently visited Toulouse and Seattle in anticipation that ...
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New accord seals open skies deal
The well known disunity of the US airlines, and their equally known derision of the Department of Transportation in Washington, were set aside recently as they voiced approval of DOT's successful renegotiation of the US-Canada bilateral. One by one, airline CEOs were quoted in press releases praising transportation secretary Federico ...
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Give Commission a clear mandate
Divisions in Europe on US bilaterals and state aid threaten the internal market Less than two months after moving to Brussels to take up his position as the new European transport commissioner, Neil Kinnock finds himself surrounded by controversy. In his early dealings he has adopted a spirited approach, ...