All Strategy news – Page 1063
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News
Routes
-Sabena will introduce jet services on its Brussels to London City service on 13 September, replacing the existing Bombardier Dash 8 with an Avro RJ85 on one of five daily flights. ++ Swissair will cease flights to Philadelphia at the end of October. The airline will offer connections via New ...
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EC closes issue of Air France state aid despite court decision
The European Commission (EC) has effectively laid to rest the issue over its four-year-old Air France state aid package, brushing off legal questions raised by last month's decision in the European courts. Air France should now be free to press ahead with its planned share flotation. The European Court ...
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Domestic boom keeps majors' profits rolling
The major US carriers turned in another healthy set of profits for the second quarter, but as the mid-year results rolled in, Wall Street was already getting jittery over the likely timing of a downturn. The headline results were again based on the strength of the domestic economy, where ...
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Sunshine jetset resets
Max Kingsley-Jones/LONDON While the sun is shining on Europe's holiday makers this summer, the tour operators have been hard at work on an industry-wide consolidation. The events of the last year or two have begun to reshape the major travel markets of Germany and the UK. The transformation has ...
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Star Alliance aims to build on Asia-Pacific links
The global Star Alliance is moving to consolidate its presence in the Asia-Pacific region, with some small but critical bilateral co-operation agreements and approvals either being finalised or close to be being concluded. Founding Star partner Lufthansa has announced a code-sharing agreement with Air New Zealand (ANZ) on routes ...
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US Airways plans fleet overhaul
US Airways is planning to update and expand its Shuttle fleet with Boeing 737-300s, but it claims that this will require its pilots to agree to a modified employment contract The division, which operates a fleet of 12 Boeing 727-200s on services between Boston, New York and Washington DC, ...
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Airbus holds talks with China to develop A310 replacement
Paul Lewis/SINGAPORE Airbus Industrie Asia (AIA) has tabled a series of possible substitute collaborative proposals to the defunct AE31X, including working with Aviation Industries of China (AVIC) on a new widebody aircraft to follow on from the Airbus A300/A310. The study project - dubbed the P305 - being ...
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BA reviews low-cost, long-haul plans after Flying Colours sale
Kevin O'Toole/LONDON British Airways appears to have scaled back plans for its low-cost, long-haul franchise partner Airline Management (AML). The rethink follows a change of ownership for Flying Colours, the charter carrier which has been providing AML with cabin crew and management. AML was set up a year ...
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Comair becomes first South African carrier to float
Hilka Birns/CAPE TOWN Comair, South Africa's largest domestic airline group and a British Airways franchise partner, becomes the first of the country's carriers to move to a flotation with a listing on the Johannesburg stock exchange planned this week. The flotation, which values the company at some R1 billion ...
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Guizhou to expand as China Southern takes control
Guizhou Airlines is preparing for a major expansion of its aircraft fleet and domestic network following an agree- ment for China Southern Airlines to acquire a controlling interest in the Chinese provincial carrier. The Guiyang-based airline has received the first of three Boeing 737-300s on a seven-year dry lease ...
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Jet Airways prepares to lease ATR 72s
Ian Sheppard/LONDON Paul Lewis/SINGAPORE Jet Airways is close to signing a deal with ATR to lease eight new ATR 72 turboprops for an initial period of three years. This is the first move by the privately owned Indian domestic airline to form its own feeder fleet. Raj Desai, Jet Airways' ...
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Pacific ambitions
Guy Norris/GUAM Below the warm, crystal-clear waters of Bikini Atoll lagoon lies the mammoth Second World War aircraft carrier USS Saratoga. Almost 270m long, she is bigger than the Titanic and is the world's largest diveable underwater wreck. Resting upright on the bottom, her bridge is a mere 12m below ...
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PAL rescue plan goes into extra time
Philippine Airlines (PAL) has been given US and Philippine bankruptcy protection until the end of July, allowing the local Securities Exchange Commission (SEC)-appointed "rehabilitation committee" extra time to finalise and present a financial rescue plan. The troubled national carrier is temporarily shielded by the SEC from any claims made ...
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SAirGroup seeks to buy stake in Germany's LTU
In a fresh twist to the restructuring taking place in the increasingly aggressive German charter market, Swissair parent SAirGroup has entered negotiations to buy a 34.7% stake in German charter carrier LTU. The stake is held by Westdeutsche Landesbank, which has been ordered to sell by Germany's competition watchdog, the ...
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Swiss World 767 arrives in Geneva
Swiss World Airways' recently acquired Boeing 767-200ER has been flown to its Geneva base for pre-certification system checks. The 767 has been leased from Air New Zealand/Ansett Australia for two years and will be used to launch the airline's first route between Geneva and New York Newark. Swiss World, which ...
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Kenya's African hub
Kenya Airways reports 21% growth in business on African routes last year as it continued to expand the hub concept at Nairobi, which is now connected to 19 destinations throughout the continent. Overall, the airline reports an 8.8% rise in sales for its 1997/8 financial year to KSh11.6 billion ($196 ...
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EC allows American/BA alliance in exchange for Heathrow slots
Carriers on both sides of the Atlantic are stressing that there is still all to play for despite the European Commission's long-awaited ruling on the British Airways and Lufthansa transatlantic alliances. Major US airlines are already gearing up to lobby the US Department of Transportation to increase access to ...
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Indonesia is hit the hardest as traffic plunges in Asia-Pacific
Kevin O'Toole/LONDON Passenger numbers at Asia-Pacific airports tumbled by nearly 10% in March, with individual gateways in the region down by as much as half. The Asian downturn also appears to be affecting international traffic through US West Coast gateways. Worst hit in the region was Indonesia, with ...
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Aeropostal enters widebody world with A310s
Venezuela's LAV Aeropostal has added its first widebodied types - two Airbus A310s - on lease from Airbus Industrie. The Latin American airline has concluded a deal to acquire two 11-year-old Pratt & Whitney PW4000-powered ex-Pan Am/ Delta Air Lines A310-300s on five-year leases from Airbus Industrie Leasing. Deliveries ...
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Marketplace
-A New Tahitian carrier, Air Tahiti Nui, will launch services to points on the US West Coast and Japan later this year with an ex-Air France Airbus A340-200 leased from Airbus Industrie Financial Services. -SAS Commuter has increased its firm orders for Bombardier de Havilland Dash 8-400 from 15 to ...