Strategy – Page 975
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News
BA tipped to take stake in Finnair
The Finnish Government is considering selling a further large stake in Finnair, with British Airways (BA) tipped as an investor in its fellow oneworld carrier. Helsinki holds a 58% stake in the airline, and according to regulations can reduce its share to 50.1%. However, it is considering cutting its ...
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Battle to power A318 intensifies
CFM International's bid to power the A318 is expected to be decided shortly, says president Gerard Laviec. The engine maker has offered the CFM56-5A or -5B to Air France as an alternative to the incumbent Pratt & Whitney PW6000, but talks with Airbus Industrie have stalled over financial arrangements ...
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777X firms up as engine choice hangs in balance
General Electric has offered Boeing substantial financing to assist in the development of the 777-200X and 777-300X in exchange for an exclusive position to power the aircraft with a development of its GE90. The US engine builder, offering the GE90-11XB, is believed to have made the offer as part ...
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Lease deals swell A320 family
Airbus has secured deals for its A320 family from major leasing companies in Europe and the Far East. Together the two orders will see the airframe builder's orderbook swell by around $2.5 billion. Singapore Aircraft Leasing Enterprise (SALE) has ordered 23 A320 family aircraft in a deal worth over ...
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$2bn orders take ERJ-135/145 sales to over 900
Seven airlines placed orders for up to 103 Embraer ERJ-135s and 145s worth almost $2 billion during the show . The orders from InterCanadian, KLMexel, Rheintalflug, Proteus Airlines, Skyways, Alitalia and Crossair take the total orders and options for the 37/50-seat regional jet family to over 900. Canadian Airlines' ...
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IAE safe as Pratt & Whitney aims PW8000 at higher thrust
The future of International Aero Engines (IAE) appears to be assured after Pratt & Whitney's move to shift the main focus of its PW8000 study engine from the A320 to the longer-range A340-500/600 family. The move, prompted largely by Airbus, coincides with IAE's announcement to look into a higher-thrust ...
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Arabian Gulf to get new air services
Two new airline ventures are planned in the Arabian Gulf, one based in the UAE and one in Qatar. Qatar's Gulf Falcon Group plans to use Dubai 2000 as the launchpad for its as-yet-unnamed airline. Group chairman Sheikh Hamad Al Thani says the airline, one of a number of ...
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Cathay Pacific reveals pilot pay agreement details
Cathay Pacific Airways has revealed details of the revised pay agreement that its senior pilots have accepted, as negotiated between the company and its aircrew union, the Hong Kong Aircrew Officers Association (AOA). Of the more than 700 A-scale - senior - pilots that responded to the offer, a ...
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Alitalia confirms MAS code-share talks
Alitalia has confirmed that talks are under way with Malaysia Airlines (MAS) for a new code-share that may begin by August this year. Alitalia regional sales and marketing manager for the Far East and Australia, Vincenzo Cappelluto, says from Hong Kong that the "talks are in very early ...
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GE to partner LOT in Polish maintenance venture
GE Engine Services and LOT Polish Airlines signed a preliminary agreement at Le Bourget to form an aircraft engine maintenance and repair JV at Warsaw airport. The deal is expected to be concluded later this year, following the execution of operating agreements and the receipt of the necessary regulatory ...
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News
Ownership wrangle halts SIA's bid for Ansett stake
News Corporation has suspended talks with Singapore Airlines (SIA) on the carrier's proposed purchase of the media group's 50% stake in Ansett Holdings until issues concerning Ansett's other 50% owner, Air New Zealand (ANZ), are resolved. The talks collapsed after News Corp claimed its dealings with SIA were ...
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BA to slash long-haul 767 economy seats
Under its new strategy of focusing on high-yield traffic, British Airways is to reconfigure its long-haul Boeing 767 fleet by removing nearly 50 economy class seats to introduce first class and expand business seating. The carrier has also called a halt to its "Utopia" livery scheme. BA has seven ...
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Marketplace
Aviation Capital Group has bought an Airbus A320 that is on lease to America West, and a Boeing 727-200 that will be hushkitted and converted to cargo configuration for lease to an undisclosed US cargo carrier for eight years. Iberia has begun the next phase of its fleet renewal programme, ...
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Northwest Airlines cements alliance with JAS
Northwest Airlines has strengthened its growing international partnership network by concluding an alliance with Japan Air System (JAS). Its partner, KLM, is set to follow by further expanding its own bilateral relationship with the Japanese carrier. An alliance between JAS and Northwest has been pending since 1996, and was ...
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Air Caribbean plans long-haul services
Max Kingsley-Jones/LONDON Fast-growing east Caribbean airline Air Caribbean is finalising a deal for its first widebodied aircraft as it prepares to begin long-haul services to North America and the UK. Based in Port-of-Spain, Trinidad, the private airline is negotiating to acquire three secondhand Boeing 767-200ERs. "We are on ...
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Fractional ownership company snaps up 25 Fairchild Envoy 7s
Fairchild Aerospace has sold 25 Envoy 7 executive variants of its new 728JET regional jets to US fractional ownership company Flight Options, giving the programme a boost to follow Lufthansa's recent launch order. The San Antonio-based manufacturer is expected to announce the deal at the show, making Cleveland-based Flight ...
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Two airlines target Las Vegas for new services
Two US airlines have launched new scheduled services, with an "underserved" Las Vegas, Nevada, market set firmly in their sights. Start-up National Airlines began flights from its Las Vegas hub to Los Angeles and Chicago Midway on 27 May. Five days later, charter carrier Sun Country Airlines ventured into ...
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Mexicans prepare for fleet rejigs
Paul Lewis/WASHINGTON DC Aeromexico and Mexicana hope to finalise plans for a common replacement narrowbody jet by August, after the Mexican Government indicated it would permit both carriers to remain under Cintra ownership. The state-run Cintra holding company wants to amalgamate the two airlines' long-running refleeting evaluation and analysis ...
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Routes
Northwest Airlines Cargo will introduce its ninth Boeing 747-200 freighter on 1 September on transpacific services, enabling the carrier to upgrade services from Chicago and New York from shared capacity on a single freighter to full aircraft capacity. The Australian Government has agreed to allow Emirates to introduce an additional ...
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CSA checks out its options on alliances
Andrew Doyle/PRAGUE CSA Czech Airlines is bucking the east European trend and holding back from joining a major alliance, preferring to develop codeshares to evaluate potential partners. While other flag carriers in the region - Hungary's Malév, LOT Polish Airlines, Tarom of Romania and Balkan Bulgarian - are in advanced ...