All Strategy news – Page 1073
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Emirates buys Lanka
Armed with a restructuring plan, Emirates Airlines has stepped in as a strategic investor for Air Lanka. The Sri Lankan government has sold a 40 per cent stake in Air Lanka to Emirates for US$70 million in cash. Sri Lankan aviation minister Dharmasiri Senanayake says Emirates has already paid ...
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US boost for Latin club
Trans World Airlines was planning in late April to join US Airways and become the second US airline partner in the regional frequent flyer programme, LatinPass. This follows the recent decision by Venezuela's Aeropostal, following its privatisation and revival, to join LatinPass. The addition of the two new members ...
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Poles apart from capital?
A proposed change in Polish state ownership law could further delay a vital capital injection for cash-starved LOT Polish Airlines, just as the Polish government lines up potential investors. The Polish government was due to shortlist consortium bidders for LOT in April and declare a winner by the end ...
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Shooting stars
The world's regional airlines grew strongly in 1997, and this sector remained the most profitable. Survey compiled by Tim Welch of Air Transport Intelligence and Richard Whitaker. The regional airline industry continues to be the healthiest sector in the business, judging by the results of this year's Airline Business Regional ...
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Euro no frills switch bases
As British Airways' low cost Go takes to the skies, the UK's leading no frills carrier, EasyJet, is expanding overseas while low-cost Virgin Express eyes a UK base. Go is due to start flying out of its London/Stansted base to Rome/Ciampino on 22 May, Milan/Malpensa on 23 May and ...
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Swiss qualify new partners
Swissair has expanded its European alliance to include TAP Air Portugal, THY Turkish Airlines and AOM of France and agreed to buy up to a 20 per cent stake in TAP. TAP, Turkish Airlines and AOM will join Swissair's existing partners Austrian Airlines and Sabena in an alliance to ...
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French open gates to US
Both Continental Airlines and Delta Air Lines were swift to respond to the new US-French bilateral by declaring their intentions to formalise codeshare agreements with Air France. The bilateral, initialled in Paris on 8 April, will allow full open skies to be phased in over five years, and immediately ...
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US to defuse time bomb?
The US Federal Aviation Administration admits that the year 2000 computer issue needs to be addressed on an international basis but is reluctant to take a leadership role. Instead the FAA suggests that the International Civil Aviation Organisation might be a better candidate. The FAA's reluctance stems from two ...
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Air France pilots receive scant sympathy from US colleagues
The US airline pilots association (ALPA) has provided an ambiguous reply to the request by Air France's main pilots' union, the SNPL, for a critical analysis of the carrier's salary structure. The SNPL is objecting strongly to Air France's insistence on a two-tier salary level and a 15% reduction ...
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China demands CAAC shake-up
Paul Lewis/SINGAPORE The Civil Aviation Administration of China (CAAC) has been instructed to submit proposals by the end of April on drastic reductions to the size of its organisation, in line with a wider Chinese Government push to cut the country's bloated bureaucracy. China's newly installed premier Zhu ...
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FedEx MD-11 fleet swells to 60 after Swissair and LTU deals
Ramon Lopez/WASHINGTON DC FedEx is raising its reliance on the Boeing MD-11 freighter, with a decision to almost double its planned fleet of MD-11Fs to 60 through deals for more new and secondhand aircraft. The US parcels carrier, which now operates 20 MD-11Fs, last week disclosed that it ...
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Airbus ponders commercial market prospects for Beluga
Max Kingsley-Jones/LONDON Super Airbus Transport International(SATIC) and Airbus believe that the growing success of the Beluga's third party cargo charter business could see an external market develop for the aircraft with outsized cargo carriers. The A300-600 based Beluga was designed, built and certificated for Airbus by the Toulouse-based Aerospatiale/Daimler-Benz Aerospace ...
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Six new entrants win US airport slots
Six smaller US airlines have been awarded coveted take-off and landing rights at Chicago O'Hare International and New York's La Guardia, as part of efforts by the Department of Transportation (DoT)to open up slot-controlled airports to new competition. America West Airlines, Atlantic Coast Airlines (ACA), American Eagle's Simmons Airlines ...
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Routes
-Malaysia Airlines has inaugurated its new thrice weekly service to New York's Newark Airport via Dubai, its third North American destination and its first to the US East coast. -Northwest Airlines is to launch a twice weekly non-stop service between Las Vegas and Tokyo from June, taking further advantage of ...
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Single Mandate
British Airways and American Airlines appear on the verge of securing the long-awaited competition approval for their alliance from the European Commission (EC) with Brussels insiders set to give a mid-May date and a painful but probably realistic demand for slot surrender at London Heathrow. With some irony, however, ...
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The vital combinations
Shahe Ouzounian/LONDON and FRANKFURT, Brent Hannon/TAIPEI ACCORDING TO Wilhelm Althen, chairman of the executive board of Lufthansa Cargo, the revolutionary break in January 1995 with the passenger side of Lufthansa's business was "-a process that hasn't just been about the last three years, it's a 20 year old road ...
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Polar challenge
Guy Norris/LOS ANGELES Polar Air Cargo and its older competitors are facing tough times. The Asian economic engine that helped pump Polar rapidly into life is faltering and cargo traffic is down by almost one-third compared to 1997. Yet the five year old carrier is in good shape ...
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Express lift
Shahe Ouzounian/LONDON The integrated express delivery sector of the world air freight market has been responsible for one of the most staggering rates of growth yet witnessed in the airline industry. The statistics for last year from the two US market leaders in the business, FedEx and UPS, are impressive ...
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DHL studies 747 to cope with transatlantic growth
Steve Waller, senior vice-president of Network Transportation at DHL Airways, says the documents express carrier "-is truly a company without a national identity". DHL Airways is the US operational arm of DHL International, a private company with major stakes held by Japan Air Lines (JAL), Lufthansa Cargo and Deutsche Post ...
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New wave of airline alliances hits USA
Ramon Lopez/WASHINGTON DC American Airlines and US Airways have agreed to a marketing alliance which initially combines their frequent flier programmes, while United Airlines and Delta Air Lines have followed with confirmation that they are discussing a global alliance. The US Airways/American pact, which stops short of a ...