All Strategy news – Page 1028
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News
Privatisation hopes survive Indian politics
Ravi Prasad NEW DELHI Despite the fall of the Hindu nationalist-led coalition government, there are hopes that privatisation of Air-India and Indian Airlines could still go-ahead. The federal cabinet has allocated Rs32.5 billion ($830 million) for Indian Airlines to increase its equity base and authorised it to ...
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Philippine Airlines races against time
Nicholas Ionides ATI/SINGAPORE The future of Philippine Airlines (PAL) remains unclear as it strives for an injection of capital. It was dealt a major blow when the US Exim Bank withdrew support for its rehabilitation plan The clock was ticking on PAL in May as it rushed to ...
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Routes - Asia
China codeshare - Australia's Qantas Airways and China Eastern Airlines have signed a commercial agreement for a codesharing partnership. The carriers are to start sharing codes on flights between Australia and China sometime in the "middle of the year". Fiji first - Ansett Australia is to open a new ...
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KAL reshuffle disappoints
Nicholas Ionides ATI/SINGAPORE Troubles continue to pile up for KAL, with criticism from the country's president adding to its woes April and May are two months that Korean Air (KAL) may want to forget. Hurt by a 15 April Boeing MD-11 freighter crash in Shanghai - its fourth hull ...
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Hong Kong fees fly high
Airlines should not count on any cut in landing fees when Hong Kong's airport authority completes its operational review in June. That is the warning from the authority, which explains that lower-than-forecast traffic means fees must stay high to avoid a shortfall in predicted revenues for the city's Chep Lap ...
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The king of low-cost: Herb Kelleher of Southwest Airlines
When it comes to making work seem like play, Herb Kelleher is a master. But don't be fooled by the broad smiles and open-neck shirt. Behind the casual demeanour lies a management style that is Disney-esque in its attention to detail. Southwest Airlines employees expect to have fun under this ...
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Jockeying for position
Tom Gill While European and US hubs remain buoyed by healthy traffic flows across the Atlantic, the airports of Asia-Pacific have yet to see concrete signs of recovery in passenger numbers to fill the bright new capacity that has been coming on stream. If growth through the world's airports ...
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Storming the capital
Lois Jones Stansted has evolved from a little known local airport in the south-east of England to be the new rising star of the London airport scene, and still holds ambitions to become a base for global alliances launching long-haul services It is the tale of a poor relation which ...
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Time to reflect
Nicholas Ionides TAIPEI Taiwan's EVA Airways has enjoyed rapid growth since it started flying eight years ago. Now it is time for consolidation and to take stock An unfamiliar quiet now fills the once bustling halls of the EVA Airways corporate offices. After eight years of phenomenal ...
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Playing for profit
Chris Tarry at Commerzbank in LONDON Chasing market share has cost the industry dear in past cycles. To avoid a repeat, major airlines and their alliances must start to recognise that not all growth is good for profits. Alliance strategy in one form or another has come to dominate the ...
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US first quarter causes concern
US first quarter results are perhaps the clearest indication so far that the current cycle's downturn might be just around the corner. While there is no need yet for tears, overall revenues are flat compared with the 1998 first quarter and net results are down. The sobering effect on overall ...
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Two years old and still growing
Nicolas Ionides SYDNEY Star Alliances has added two new partner airlines, but as it met to celebrate its second birthday, it is still in search of its full identity. Seated side by side at an informal press briefing in a Sydney hotel, Jürgen Weber and Gerald Greenwald admit ...
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Towards unsettled skies
The economic crisis in Latin America is making the region's carriers focus on capitalisation and potential consolidation. Report from the annual meeting of airline chief executives in Miami. Latin American carriers, shaken by liberalisation, open skies agreements and the continuing encroachment of US airlines into their territories, must come to ...
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Mergers
SAirGroup is to acquire US airline caterer Dobbs for $780 million and merge it with its own Gate Gourmet operation to become the industry's market leader. Memphis-based Dobbs had a turnover of $891 million last year, while the combined business should generate annual sales of around $2 billion. SAirGroup aims ...
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Routes
Air Canada launched daily non-stop Airbus A319 services between Chicago and Calgary on 17 May, with plans for twice-daily flights. United Airlines will codeshare on the route. Lufthansa Cargo will reintroduce and increase freighter service to Dallas/Fort Worth, Texas, on 31 May, having previously announced that it would suspend flights ...
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Marketplace
American Airlines has placed orders for three additional Boeing 737-800s for delivery in 2000. The 146-seaters will replace three aircraft operated by Reno Air that will not be integrated into American's fleet when the airlines are merged. Beirut-based Trans-Mediterranean Airways (TMA) is seeking finance to fund the acquisition of ...
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Chinese aim to compensate for traffic slump with aircraft leases
Chinese airlines are responding to overcapacity and a slump in domestic traffic by offering aircraft for lease to other carriers. China Southern Airlines, based in Guangzhou, is to wet-lease two of its Boeing 777-200s to Biman Airlines of Bangladesh for carrying passengers on the hadj, starting in July. Chengdu-based ...
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US Q400 order on horizon as targets are bettered
Guy Norris/LOS ANGELES Max Kingsley-Jones/LONDON Bombardier and US regional carrier Horizon Air are negotiating a deal for at least 20 Dash 8 Q400 turboprops. An order from Horizon would represent a critical breakthrough in the North American market for the Canadian manufacturer. Although not confirmed by either party, ...
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A charged affair
Sky-high landing and navigation charges are driving airlines from key Japanese airports Andrejz Jeziorski/SINGAPORE Japanese "capsule" hotels which offer their guests space not much bigger than a mortuary drawer are symbolic of the overcrowding and overpricing of Tokyo and other Japanese population centres. The lack of available space ...
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In recovery
Asia's economic slump continues to colour aviation statistics - but the worst may be over Chris Jasper/LONDON From a statistical point of view, the global airport picture last year was dominated by the Asian economic collapse, with the Asia-Pacific region suffering a major decline in passenger traffic and aircraft movements. ...