Strategy – Page 945
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News
Colgan breaks jet trend with turboprop order
Colgan Air is looking to add 19- to 35-seat turboprops to its fleet and expand its recently inaugurated US Airways Express regional network. The move by the Manassas, Virginia-based carrier bucks the growing move by regional carriers away from turboprops towards larger jets. The airline has leased three ex-Mesaba ...
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News
Ansett leasing arm is sold
Peter La Franchi/CANBERRA Australian aircraft lessor Ansett Worldwide Aviation Services (AWAS) has been bought by Morgan Stanley Dean Witter (MSDW) Aircraft Holdings, accelerating moves by former joint-owner News Corporation to leave the aviation sector after the recent sale of its stake in Ansett Australia to Air New Zealand. ...
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News
Aerospace companies join e-commerce stampede
A rash of e-commerce initiatives have been announced by airframe and avionics manufacturers, airlines and communication specialists, with SITA, Boeing, Honeywell and British Airways identifying Internet-based business opportunities. Aeronautical communication specialist SITA, already active in Internet developments, is extending its diversification strategy into the e-commerce arena with the launch ...
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Marketplace
St Petersburg-based Pulkovo Airlines is acquiring two additional Tupolev Tu-154s and two Tu-134s, increasing its fleet of the two types to 21 and 10 aircraft, respectively. The airline plans to begin phasing out its Tu-134s from 2002 and replace them with new Tupolev Tu-334s. Evergreen International Airlines has placed a ...
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Routes
Ryanair will expand its network from London Stansted this summer with new services to Lübeck (Hamburg), Malmö, Sweden, Nimes and Perpignan in France, and three Italian points: Brescia (Verona/Milan), Lamezia and Alghero (Sardinia). A new Prestwick-Hahn (Frankfurt) service is also starting. Portugalia is introducing three new routes from Lisbon and ...
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WestJet agrees deals for up to 70 Boeing 737NGs
Graham Warwick/WASHINGTON DC Canadian low-fare carrier WestJet Airlines is to acquire and lease up to 70 Boeing Next Generation (NG) 737s to re-equip and expand its fleet. The selection of the 737 follows an evaluation which included the Airbus A318/A319. The Calgary, Alberta-based airline has placed a firm order ...
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News
Thai is happy to be Star member
Thai Airways says it is happy in the Star Alliance, claiming that president Thamnoon Wanglee "never said that the airline wanted to leave". Thamnoon had reportedly stated that Thai had been advised to assess the pros and cons of Star membership in the run-up to privatisation, and that he was ...
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News
Hong Kong carriers review fleets as plans for expansion make progress
Cathay Pacific Airways is expected to announce a sizeable order for new widebody jets by mid-year, as rival Dragonair enhances its position as a competitor for business from Hong Kong. Dragonair has revealed plans to double the size of its Airbus A330 and A320 fleet and is to launch a ...
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SAA favours 737-800
South African Airways' (SAA) is to recommend to its parent company Transnet this week that the Boeing 737-800 is selected for its new short-haul fleet. Deliveries could begin this year. The airline, 20% owned by Swissair parent SAirGroup, with the rest held by state-owned Transnet, has studied offers from ...
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Rockwell joins forces with BF Goodrich
Rockwell Collins and BF Goodrich Aerospace have entered into a strategic alliance agreement to provide nose-to-tail equipment, parts, maintenance and services to airline customers. Rockwell Collins Aviation Services (CAS) and BF Goodrich Aviation Services Division (ASD) will manage the alliance. "Rockwell is committed to growing its service business ...
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News
Franco moves into supply side
Franco Mancassola has been appointed executive vice-president of Italian firm Aviointeriors and he's here at Asian Aerospace showing off the company's new range of first, business and economy class seats. Mancassola was chairman and chief executive of low-cost airline Debonair before it went bust late last year. From the ...
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Air NZ open to SIA bid
Air New Zealand says it is open to a proposal from any foreign airline, including Singapore Airlines (SIA), to invest in the expanding carrier once it has finalised its buy-out of Ansett Australia. Days after signing to buy 50% of Ansett Australia from News Corp for A$680 million ($430 ...
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News
Boutique lessor International Aircraft...
Boutique lessor International Aircraft Investors is advising shareholders that its first-quarter revenues and earnings will fall well short of analysts' expectations because Mexican airline Taesa has defaulted on the lease of a Boeing 737-300 owned by the Los Angeles company. Taesa's default would cause more than 80% of the $700,000-$800,000 ...
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News
Eddington to stay with news after NZ's ansett deal
Ansett Australia executive chairman Rod Eddington will stay with News Ltd after Air New Zealand's upcoming purchase from the media giant of the 50% of the carrier it does not already own. Alistair Carthew, Air New Zealand deputy manager public affairs, says from Auckland that Eddington, who is employed ...
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News
Sale of the Century
Karen Walker Embraer seals $1.8 billion deal for 100 ERJ Regional Jets Embraer kicked off the first trade day yesterday with an order from Continental Express for 100 new ERJ 145 and ERJ 135 regional jets. Although a figure was not announced, it is believed that ...
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News
Rebuke for El Al over long haul
El Al has been publicly reprimanded by an influential committee of the Knesset over continued prevarication concerning its long-haul order from either Boeing or Airbus and says any external political pressure to plump for one or the other must be revealed. Sources within Israel say that Abraham Poraz, chairman ...
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News
Global cargo alliance strategy driven by customer demand
Chuck Grieve Like it or not, global alliances are the way forward for the air cargo industry. This was the overwhelming sentiment from speakers at Air Freight Asia 2000. Following in the footsteps of the major passenger-focused alliances was the key to meeting clients' needs for quality, reliability ...
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News
SIA completes due diligence ahead of virgin buy-in
Singapore Airlines (SIA) has completed due diligence on Virgin Atlantic ahead of purchasing a 49% shareholding and says a formal announcement on the process will be made before the end of the month. SIA and Virgin unveiled the tie-up last December, signing a memorandum of understanding for the surprise ...
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News
BA moves closer to selling loss-making Air Liberté
Chris Jasper/LONDON British Airways may be edging towards the sale of loss-making French regional subsidiary Air Liberté to SAirGroup carrier AOM, while pressing ahead with plans to enter the Italian regional market, possibly through a move for Meridiana. French newspaper reports say BA and SAir have been discussing an ...
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Workshop
Polar Air Cargo has signed an agreement with Singapore Airlines (SIA) Engineering covering heavy maintenance work for its Boeing 747-100/200 freighters. Sabena Technics and Triumph Air Repair have signed a memorandum of understanding covering partnership on maintenance of auxiliary power units, integrated drive generators and constant speed drives, ATEC 6000 ...