All Strategy news – Page 1096
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Marketplace
++ BAe Asset Management - Jets has concluded the cash sale of three BAe 146-100s in deals worth a total of $21 million. Jersey European Airways has purchased two -100s off lease. A third -100 has been sold in the US for use as an executive transport. ++ El Al ...
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US Airways and ALPA save A230 purchase
Ramon Lopez/WASHINGTON DC US Airways and its pilots broke an impasse on labour negotiations at the eleventh hour, saving the US carrier's planned $14 billion purchase of up to 400 A320-family aircraft from Airbus Industrie. The sixth-largest US airline and negotiators for the Air Line Pilots ...
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Alitalia turns in profit after ten years of making losses
Kevin O'Toole/LONDON Andrea Spinelli/Rome After a decade of losses, Alitalia has turned in a net profit of L163 billion ($92 million) for the first half of the year. Chief executive Domineco Cempella promises better to come, raising the prospect of early privatisation of the state-owned Italian flag carrier. ...
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Regional rewards
Europe's regionals meet in Italy on8-10 October, with much to be satisfied about Embraer's EMB-145, in British Regional Airways livery, is a direct rival for the Bombardier Canada Julian Moxon/PARIS Each year, it seems that the European regional-airline industry has better news to report. Traffic growth, ...
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ALPA and Boeing clash over USAir accident
Guy Norris/LOS ANGELES The Airline Pilots Association (ALPA) and Boeing have submitted opposing findings to the US National Transportation Safety Board (NTSB) over the probable factors involved in the crash of a USAir Boeing 737-300 on 8 September, 1994. The aircraft rolled rapidly to the left ...
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Delta
Luiz Henrique Teixeira and Eduardo Britto have been appointed sales managers in Brazil by Atlanta, Georgia-based Delta Air Lines. Teixeira was formerly with Universal Assistance, while Britto was formerly with Elitravel Representacoes, the general sales agent in Brazil. Source: Flight International
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United
United Airlines has appointed Chris Petty leisure sales manager (UK). He was previously sales manager for United Vacations, the airline's holiday company, and replaces Alison Espley, who is now manager for United Vacations. Petty, who has been with United since 1991. Source: Flight International
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Appointments
Philip Chen will succeed Simon Heale as deputy managing director at Cathay Pacific Airways from mid-March. Heale takes up the position of finance director at Swire Pacific. Stanley Hui will replace Chen as Dragonair's chief executive from 1 February 1997, while Hui's role as chief operating officer of Air Hong ...
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Aircraft news
Boeing has signed a deal with American Airlines, granting the US manufacturer sole supplier status for jet aircraft until 2018. As part of the deal American has placed firm orders for 12 B777s, four B767-300ERs, 12 B757-200s, and 75 B737-600/700/800s. The US carrier has also taken so-called purchase rights on ...
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Video for sale
Uruguay is privatising Montevideo/Carrasco airport on a build-operate-transfer scheme and will issue a prospectus to international investors by the end of the year. The government has appointed consultants Lufthansa Consulting and Coopers & Lybrand as advisers. Source: Airline Business
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Comair takes place in Sun
The sale of the South African state-owned carrier Sun Air to a consortium that includes rival Comair leaves flag carrier South African Airways facing a stronger private sector challenge, despite claims by both smaller operators that they will continue to compete with one another. Sun Air was sold ...
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The people's airline
The new climate at employee-owned United, instilled by chairman Gerald Greenwald, has not filtered through to the airline's grass roots nor brought any obvious great advantages over US rivals. But the airline's strategy looks sound and profitability is at an all-time high. By Karen Walker. Gerald Greenwald, United Airline's ...
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ANA may join club of four
Bilateral talks between the US and Japan, which were set to resume in Tokyo in late September, are likely to result in the clearance of two codeshare alliances. But All Nippon Airways could emerge as the real victor as it is finally recognised as an incumbent carrier, enjoying almost unlimited ...
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Paris draws Blanc on sale
It's a question of bad timing. Christian Blanc's departure as chairman of Air France has come at a fragile time, midway through the airline's restructuring process. Blanc resigned in September after the government ruled out selling off a majority stake in Air France. 'The captain has abandoned his ...
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Cargo flux?
The dedicated freight operator Cargolux is banking on an all-B747-400F fleet and alliances to put it on a firmer footing in this notoriously unstable sector. MarkOdell reports from Luxembourg on the carrier's chances. Look beyond the seemingly perpetual decline in yields and the overcapacity that plagues the cargo industry and ...
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Shanghai set for overseas
Shanghai-based China Eastern Airlines is finally to face homegrown international competition from local rival Shanghai Airlines, just as the first example emerges of close cooperation among a group of provincial Chinese carriers. After years of lobbying Shanghai Airlines has won approval from Beijing to launch international flights and ...
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Continental plays its ace
Continental Airlines has inked its first alliance agreement in Latin America. But the Houston-based carrier appears to have limited its linkup with Aces Colombia to avoid invalidating its case opposing the alliance between arch rival American Airlines with Colombia's other international carrier, Avianca. Continental plans to link frequent ...
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Euro a key factor in bank mergers
A radical reshaping of the banking industry in Europe and the Americas, symbolised by a series of recent mergers, looks set to transform the relationship of the financial sector with transnational corporations. The changes in the structure of banking are being triggered by far reaching shifts in the international economy, ...
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No-frills feel summer chill
It may have been a red-hot summer season for the US major carriers, but the climate remained decidedly chilly for the low-cost startups. Air South is the latest to feel the cold draft of Chapter 11 bankruptcy and analysts believe there will be more casualties unless Washington intervenes. ...