Strategy – Page 723
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News
IATA issues profit warning
Rising fuel prices have prompted IATA to widen its 2005 loss forecast for the industry to $6 billion.
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Spin-offs fuel Air Canada’s growth
Air Canada’s holding company, ACE Aviation Holdings, is in empire-building mood, selling stakes in assets such as its Aeroplan frequent flyer programme to fuel growth in other areas
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NewsA grand vision
In the wake of 9/11 the industry seemed ready to free itself from the years of restrictive practices that had left it in crisis. But the hope for a new sense of direction has since faded, at least in the west, leaving others to set the pace
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Varig’s international rescue
Varig’s reorganisation under Brazil’s bankruptcy law could ease the way for negotiations with equity investors, including TAP Portugal.
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Expect delays
Delays are often seen as a sad but unavoidable fact of life, but joined up planning across the industry could make radical improvements and help differentiate those airlines that achieve a better performance
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US majors see first glimmers of hope
Buried beneath news of their ever-growing fuel-cost burden, US carriers have quietly begun to enjoy a modest revenue recovery in recent months.
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Low-cost failures loom
Low-cost airlines are triggering consolidation in the European airline industry, with a number of carriers likely to fall by the wayside, according to Dieter Schneiderbauer and Alexander Neuhaus, European head and senior associate, respectively, at Mercer Management Consulting’s travel and transport practice
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Alliances jostle for Chinese position
As Star unveils Swiss as its latest membership candidate, the alliance is busy recruiting in China, and still hopes it can convince Air China to join.
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Senate offers carriers cold comfort
When they took their pensions crisis to Capitol Hill recently airline chiefs found little sympathy from Washington’s political elite but considerable blame.
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Europe unveils its ATM masterplan
Political issues still cloud the way forward as the European Commission (EC) and Eurocontrol prepare to launch the “definition” phase of the SESAME programme that is designed to set a masterplan for harmonised air traffic navigation operations and standards.
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Will orders pay off?
Aircraft orders flooded back at the Paris air show. But what impact will they have on the market? asks Chris Tarry of CTAIRA