Strategy – Page 702
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NewsVijay Mallya, chairman UB Group: High life
Vijay Mallya, flamboyant chairman of India’s UB Group, has full-service operator Jet Airways in his sights as he aims to establish his fledgling Kingfisher Airlines as the country’s number one
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The heat is on
US carriers continue to target the Caribbean, carrying both tourist and ethnic traffic to the islands, while local carriers are reinventing themselves, eager to snap up the onward traffic
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India unleashed
For years, India’s air transport industry has been stifled, but the current government is determined to open up the market as quickly as possible
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Surrogate supply
The growth of the wet-lease business has been driven by carriers eager to cut costs and match capacity to demand in an increasingly competitive world
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Tough target
IATA has set its member airlines a stiff challenge – eliminate all paper tickets by the end of 2007. But will they meet the deadline?
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IT trends survey 2006
The airline industry is now widely embracing technology such as web check-in and barcoded boarding passes that only a year or so ago were considered cutting-edge
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Concerted drive for savings
Cost-cutting efforts are being stepped up at most major Asia-Pacific airlines as profits are generally falling across the board amid a progressive fading of fuel hedging benefits.
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Legacy carriers feel profit pressure
Sky high fuel costs and the relentless march of the low-cost competition continue to erode the profits of Europe’s legacy carriers.
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ACE fortifies Air Canada
ACE Aviation, Air Canada’s holding company, is pondering whether to sell all or part of the airline to stimulate its market value and ward off a possible takeover.
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The Great Wall falls
The acquisition of Dragonair by Cathay Pacific Airways, where Air China is also buying into Cathay, is sending tremors around the region. The deal, which sets free a market artificially restrained for years, is set to radically change the balance of air power
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Slot shake-up
A reform in the rules that allocate slots at Europe’s airports to make the most of a scarce resource is long overdue, argues Dan Edwards, international aviation policy advisor at the UK CAA
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A glimmer of blue in Open Skies
Open Skies supporters on both sides of the Atlantic say they can reach agreement by early next year despite publicity-grabbing manoeuvres in the US Congress to scuttle the initiative.
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Industry reaches the peak
As high oil prices stifle airline efforts to restore profitability, there were warnings at the recent IATA Annual General Meeting (AGM) that this is as good as it gets for the industry.