All Strategy news – Page 1095
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News
VLM and Air UK agree codesharing deal
VlM and Air UK have agreed to codeshare on flights between Rotterdam, Netherlands and London City Airport from 27 October. The flights, which will be operated by VLM Fokker 50s, bring to an end a battle between the two airlines. At one time, it looked as though it ...
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City Bird aims to raise new cash from public listing
City Bird, Belgium's low-cost start-up airline, aims to raise $40 million from a public listing to help fund ambitious expansion plans designed to make it the "major long-haul operator" from its base at Brussels Airport. The airline began operations in March with a Boeing MD-11, targeting long-haul scheduled ...
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Government sells Lufthansa stake
The German Government completed the sale of its remaining 37.5% stake in Lufthansa on 13 October, in what was the second biggest privatisation in the country's history. Lufthansa says that the offering was twice oversubscribed, with purchasers mostly buying at the fixed price of DM33.30 ($19) a share. ...
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Finnair opens talks with BA on alliance
Finnair has opened alliance talks with British Airways to compete with the Star Alliance partners SAS and Lufthansa in Scandinavia. The Finnish carrier says that no shareholding is on the table. The talks will cover a range of options stretching from linked frequent flyer programmes and code-sharing to joint marketing ...
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Western Pacific files for Chapter 11 protection
Western Pacific Airlines confirmed the perilous state of the US low-cost carrier market with a filing for Chapter 11 bankruptcy protection on 6 October. The latest failure comes just weeks after the bankruptcy of Air South and follows a round of heavy losses throughout the low-cost sector, which ...
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DoT promises action to help start-ups
The US Department of Transportation (DoT) has pledged to act against anti-competitive behaviour by major network carriers, which the country's low-cost start-ups claim is driving them out of business. The pledge came only days before Western Pacific Airlines became the latest start-up forced to file for bankruptcy protection. ...
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Political Noises
As many in the European aviation industry are learning to their cost, the environmental debate can have a lot more to do with politics and public sympathy than it does with technology. The new emissions surcharge scheme at Zürich Airport, now being challenged by the International Air Transport ...
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AVIC worries over slow progress of AE31X to market
Aviation industries of China (AVIC) is voicing concern that the planned AE31X airliner family risks missing the market, unless an overall agreement can be reached with joint- venture partners Airbus Industrie Asia (AIA) and Singapore Technologies (STAe) by the end of the year. Pre-development work on the 105-seat ...
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Jamaica's Cat 1 rating brings Delta deal nearer
Air Jamaica is moving ahead with plans for a co-operation agreement with Delta Air Lines after the USA upgraded Jamaica's safety-oversight rating to Category 1. The deal with Delta, announced in July, had been on hold until the US Federal Aviation Administration's international aviation-safety assessment team was satisfied ...
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Thai denies making U-turn on withdrawal from Star Alliance
Thai Airways International is denying that it is contemplating pulling out of the recently established Star Alliance, and says that the company welcomes moves to expand the membership to include other Asia-Pacific carriers. The airline issued the denial statement in response to local reports that it was facing ...
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Turkish Airlines concludes order for 737-800s
Turkish Airlines has confirmed its long-anticipated order for Next Generation Boeing 737s, with the decision to place firm orders for 26 737-800s, plus 23 options. The deal, announced by Turkish Airlines chairman Cem Kozlu, is worth around $2.5 billion and calls for deliveries to begin in June 1998 ...
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US Congress opens Dallas Love Field to Legend Airlines
Texas-based start-up carrier Legend Airlines hopes to select an aircraft type and apply for an operating certificate before the end of October, after the US Congress eased restrictions on services from Dallas Love Field. Legend's plans are dependent upon gaining approval to operate 56-seat, all-business-class, Boeing 737-200s or ...
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CNAC is cleared for flotation as airlines face consolidation
China National Aviation (CNAC) has been been given the go-ahead to become the latest Chinese carrier to float on the Hong Kong stock exchange. The move comes as China prepares for a round of consolidation within its crowded airline market. The Civil Aviation Administration of China (CAAC), which ...
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Netherlands unbends on Schiphol noise
The Netherlands Government has reached a last-minute compromise which will allow Amsterdam's Schiphol Airport to breach its strict noise regime, which was threatening to cause chaos in operations in the final three months of the year. The airport says that it will still have to rein in its growth in ...
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Mesa rejects buy-out
US regional Mesa Air Group has rejected a $50 million offer to buy its United Express operations from investor group Barlow Partners II, which has a stake in US Airways Express regional carrier CCAir. Source: Flight International
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Transworld
Components and spare-parts supplier Transworld Aviation, based in Dubai, United Arab Emirates, has appointed Stephane Tillon business-development manager. He was formerly sales manager of a UK-based export aviation firm. Source: Flight International
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EU Approves Takeover
The European Commission has approved the proposed take-over of Air UK by KLM, saying that the acquisition would have hardly any influence on competition within Europe. KLM has owned 45% of Air UK shares since 1988 and is now cleared to acquire the rest. Source: Flight ...
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'Outsiders' cannot asses problems
Sir - I was shocked to read the letter from Mr Lunan (Flight International, 24-30 September, P61), which was full of confusing "buzz words". I do not agree with the contentious premise that an agency, outside the airline industry, can diagnose that industry's employment problems - or define ...
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Eurowings wins domestic skirmish
Andrzej Jeziorski/MUNICH Lufthansa is to open up its Miles & More scheme to passengers on competing smaller airlines flying internal German routes, bringing to a close a test case under investigation by state competition authorities. A complaint was raised with the authorities in May by Lufthansa's ...
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Culture clash causes Frontier and Western Pacific to part
Western Pacific Airlines (WestPac) and Frontier Airlines have terminated merger moves because of alleged "cultural differences" which undermined the amalgamation of the two small Colorado-based carriers. The directors of Western Pacific and Frontier signed a merger deal on 30 June under which WestPac would acquire the smaller carrier, ...