Strategy – Page 999
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News
Sticky problems tar Malpensa operations
The latest in a stream of mishaps and malfunctions to have plagued Milan Malpensa Airport since its 25 October "relaunch" as Milan's primary international airport is the melting of the newly laid surface of runway 1. Aircraft were disabled on 5 and 6 November when lumps of tar stuck to ...
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Routes
-Alitalia Cargo and KLM Cargo have started a joint freighter service. Using two KLM Boeing 747-300s and three Alitalia 747-200s, the airlines have a multihub arrangement based on Amsterdam Schiphol, Milan Malpensa and Rome Fiumicino. The agreement enables Alitalia Cargo to add Amsterdam, Dubai, Kuala Lumpur, Penang, Singapore and Tel ...
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Pension problems threaten to delay SAA sell-off
Lufthansa chairman and chief executive Jürgen Weber says that the privatisation of South African Airways (SAA) is unlikely to take place before next year. Lufthansa and Singapore Airlines (SIA) are seen as front runners to take a 20-35% stake in the South African flag carrier, which was expected to ...
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SAirGroup buys 49% of LTU and eyes full access to EU market
Andrew Doyle/DÜSSELDORF SAirGroup has finally completed its long-awaited acquisition of a 49.9% stake in German tour operator LTU as the latest step in its plans for a major expansion of its operations in the European leisure travel market. The deal comes as senior executives at the Swissair parent are expressing ...
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Common theme
Graham Warwick WASHINGTON DC Can airlines agree to buy a standard aircraft, in the hope of reducing costs, or will each continue to demand hundreds of custom changes that set its aircraft apart from any other carrier's? That is the question facing an airline task force which is to ...
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Cathay's effort to revive PAL earns approval from receiver
Andrzej Jeziorski/SINGAPORE A conditional offer by Cathay Pacific to invest up to $100 million in debt-ridden Philippine Airlines (PAL) has been accepted by PAL's interim rehabilitation receiver committee. The two airlines say they will jointly draft a "rehabilitation plan" for PAL, to be submitted to the Philippines Securities ...
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A330s head for Brazil after currency hiccup
Joe Sims/MIAMI TAM expects to take delivery of its first two Airbus A330s by the end of the month after a delay of over a month caused by a currency crisis in Brazil. The carrier, based in Sao Paulo, had been due to receive its first of five Pratt & ...
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British Midland goes regional with ERJ-145s
Max Kingsley-Jones/LONDON British Midland (BM) has confirmed its expected move into regional jet operations, with a $200 million order for up to 15 Embraer RJ-145s. The airline, however, has not yet finalised its fleet plans for long haul aircraft, but has held delivery positions with Airbus Industrie and Boeing ...
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China Airlines shares will go on the market
Taiwan's state-controlled China Aviation Development Foundation (CADF) has approved the proposed sale of half of its 71% majority stake in China Airlines (CAL) to yet to be identified local or foreign investors. CADF plans to reduce its holding in CAL to 35.5%, as part of a move to revamp ...
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GB Airways follows BA with A320 family deal
GB Airways has followed the lead of its franchise partner, British Airways, and decided to drop its Boeing 737 fleet in favour of the Airbus A320 family, with a deal for up to 14 aircraft. The airline, which operates franchise flights for BA to North Africa and the western ...
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Equity purchase puts Texas Pacific in GPA driving seat
GPA shareholders have approved an equity purchase which looks set to put US group Texas Pacific in control of the Irish leasing company. If, by the closing date of 19 November, there has been no valid objection to the deal, Texas Pacific will own 62.63% of the Shannon, Ireland-based company's ...
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Marketplace
-Debonair has signed a lease purchase agreement with Air Atlantic parent IMP for the acquisition of three British Aerospace 146-200s, which have become available following the closure of the Canadian regional carrier. The first aircraft will arrive at the end of this month, with the second following in December and ...
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News
Raisbeck installs Stage 3 mixer for 727 tests
Raisbeck Commercial Air Group has begun flight tests of a Boeing 727-200 fitted with newly developed engine tailpipe forced mixers. The tests are aimed at achieving certification of the company's heavy gross weight (HGW) Stage 3 system by March 1999. The US company says the tests are attracting "serious ...
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News
Royal Brunei is forced to delay A319s by new management
Paul Lewis/SINGAPORE Royal Brunei Airlines (RBA) has been forced to postpone taking delivery of two Airbus A319s in the wake of a senior management shake-up within the company, and after having failed to meet payment deadlines to the manufacturer. RBA had been scheduled to take delivery of the ...
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Routes
-Dutch carrier Transavia is to become the first non-Greek airline to operate scheduled domestic services between Greek territories when, from 2 November this year to 27 March 1999, it sets up flights between Rhodes and Heraklion, Crete. -Martinair Cargo will increase both routes and capacity in the Latin American region ...
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News
Syndicates jostle to advise Thai on sell-off
Six competing international and local financing syndicates have submitted bids to Thai Airways International to advise on the planned long-awaited partial privatisation of the national carrier. The Thai Government has already approved in principle the sale of 23% of the airline to private investors and, potential, strategic partners. Bangkok, ...
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SAir Group acquires major Air Europe stake
Marco Messalla/MILAN Swissair parent SAir Group is to grow its increasing portfolio of small European airlines by taking the maximum permitted stake in Italian long-range charter carrier Air Europe, through the purchase of 49.9% of Dutch-based holding company Tegel. The move follows the recent purchase of 44%of France's Air ...
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Lithuanian fleet boosted with Saab
Lithuanian Airlines is to boost its Saab turboprop fleet with the lease of two Saab 2000s from the manufacturer's leasing division. The two aircraft, which were previously operated by Deutsche BA and France's Regional Airlines, will arrive at the Lithuanian national carrier's Vilnius base this month, joining two Saab ...
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Lufthansa holds China talks as SIA prepares to be a Star
Andrzej Jeziorski/SINGAPORE Lufthansa is in talks with three airlines in a bid to extend the Star Alliance into mainland China, according to Jürgen Weber, chairman and chief executive of the German airline. Early talks on a potential Chinese partnership are under way with Air China, China Eastern Airlines ...
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Bombardier refines 90-seater
Guy Norris/PALM SPRINGS Bombardier has refined its plans for the proposed BRJ-X regional jet family and says a launch decision is likely to be taken around October 1999, pending the conclusion of a solid business case. Bombardier is now outlining plans for two main family members, a 90-seater ...