All Strategy news – Page 1050
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News
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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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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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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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 ...
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USA moves to block Northwest bid for Continental
The civil lawsuit which the US Department of Justice (DoJ) filed in late October to block Northwest Airlines from purchasing a controlling stake in Continental Airlines could take federal courts years to resolve. The airlines describe the DoJ's claims as groundless, and Northwest still plans to buy the 51% ...
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FlightSafety adds new Miami hub
FlightSafety Boeing Training International is to establish a $100 million Latin American training hub in Miami, Florida. This follows the August announcement by the Boeing/ FlightSafety joint venture of plans to build an $85 million European training hub in London. The new Miami centre is scheduled to open in ...
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News
Marketplace
-Frontier Airlines is leasing a Boeing 737-200 from Interlease Aviation Investors, and two new 737-300s, one from Air New Zealand and another from Heller Financial. The -200 has been delivered, while the two 136-seat -300s will go into service with the Denver-based airline in December. -TransAer has introduced its tenth ...
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ATR targets January launch for regional twinjet
An ATR Jet study team has submitted its final proposals to Aerospatiale and Aeritalia, parent companies in the ATR consortium, which could pave the way for the launch of its planned regional twinjet in January 1999. ATR marketing president Antoine Bouissou, speaking at the Speednews regional and corporate aviation ...
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SIA wants slice of China Airlines
Brent Hannon/TAIPEI Singapore Airlines (SIA) wants to buy an equity stake of up to 30% in China Airlines (CAL), but the Taiwanese flag carrier will insist upon taking an equal share of SIA in return, according to CAL vice-president-commercial Sandy Liu. SIA has indicated a willingness to consider the 30% ...
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American and BA in accord on Iberia stake
American Airlines and British Airways, leaders of the oneworld alliance, have reached a tentative agreement with Iberia's state holding company to acquire jointly a 10% stake in the Spanish flag carrier as it is transferred into private ownership. The agreement, which signals the next likely move to bolster the new ...
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Winners and losers
Brent Hannon/MANILA New carriers launched since aviation was deregulated in the Philippines in late 1994 have enjoyed rapid growth as a result of the prolonged crisis at Philippine Airlines (PAL). The crisis, which came to a head with a pilots' strike in June this year and a two-week cessation ...
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UK halts Air Atlanta leasing in parts maintenance inquiry
David Learmount/LONDON In a surprise move, the UK Civil Aviation Authority suspended operating permission for five days for UK airlines to lease aircraft from Air Atlanta Icelandic. The issue, says the CAA, was the manner in which Air Atlanta was using an out-of-service Boeing 747 to supply parts for ...
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BA closes on RB211 'hybrid' retrofit deal
Andrew Doyle/SEATTLE Max Kingsley-Jones/LONDON British Airways is finalising a deal with Rolls-Royce to upgrade the engines on half of its 50-strong fleet of RB211-powered Boeing 747-400s, as it finalises a plan to phase out the remainder of its "classic" 747 variants within the next four years. The proposed contract, which ...
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Japan Air Lines ramps up efficiency plan
Japan Air Lines plans to accelerate efficiency improvements across the airline including a reduction of up to 10 aircraft in its fleet acquisition planning. Measures in the new"strategic business plan" include: achievement of a 10% cost reduction is to be brought forward from March ...
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SAA secures bilaterals ahead of sell-off
Hilka Birns/CAPE TOWN South African Airways (SAA) has secured bilateral agreements with Swissair and Singapore Airlines (SIA) and has extended its alliance with Lufthansa as part of its streamlining process ahead of privatisation. The airline is also negotiating similar alliances in the Middle East, North America, South America ...