All Strategy news – Page 1078
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News
Reno pins hopes on new boss
Reno Air has become the latest of the US low fares airlines to undergo a management shake-up, appointing a new chief executive to help steer the struggling carrier back to profits. The Reno board says that it decided that the carrier "would benefit from a change in leadership", especially ...
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FAA backs phased free flight
Graham Warwick/WASHINGTON DC US government industry advisory body RTCA has "strongly endorsed" phased modernisation of the National Airspace System (NAS), and has recommended sites for the initial deployment of the air traffic management systems that will form most of the "Free Flight Phase 1" effort. The RTCA's Free ...
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Korean Air links with GE Capital to set up deal for 737-800s
Paul Lewis/SINGAPORE Korean Air (KAL) has reached an initial agreement with General Electric Capital Aviation Services (GECAS) and Boeing to begin rolling over its narrowbodied jet fleet with new Boeing 737-800s as part of a wider $640 million move to revive the cash-strapped carrier. The South Korean national ...
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NATCO markets KLM simulator capacity
Graham Warwick/WASHINGTON DC Northwest Airlines and KLM have expanded their alliance to include marketing of training on the Netherlands carrier's flight simulator fleet through Northwest Aerospace Training (NATCO). The agreement provides third-party customers with access to a total of 32 simulators and flight training devices owned by NATCO and ...
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AEA in delays row with Eurocontrol
European air traffic control (ATC) organisation Eurocontrol has hit back at claims by the Association of European Airlines (AEA) that ATC strategies have failed, causing delays to rise to a "critical level". Eurocontrol says that the AEA's criticisms are "inaccurate, misleading and unsubstantiated". It claims the implication that Eurocontrol ...
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Air France nears decision on replacement for 737-200
Julian Moxon/PARIS Air France expects to decide between the Boeing 737 and Airbus A320 families to replace its 737-200s by the end of June. A deal for up to 30 aircraft is expected. According to fleet planning director Pierre Vellay, the airline is undertaking a five-year, Fr40 billion ...
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ANA steps closer to Star Alliance
Andrzej Jeziorski/MUNICH GERMAN flag carrier Lufthansa and All Nippon Airways (ANA)have signed a codeshare agreement in a first step towards full Star Alliance membership for the Japanese carrier. ANA is already in advanced talks about a similar agreement with Star Alliance partner United Airlines. While Lufthansa is not ...
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Air Namibia replaces costly 747 with 767-300ER
Chris Yates/MANCHESTER South-west African carrier Air Namibia has decided to replace its ageing Boeing 747SP with a 767-300ER. The airline had been expected to opt for the Airbus A340, but a last-minute offer saw a switch to the Boeing aircraft. The ex-Challenge Air aircraft is due to enter ...
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British Midland applies for transatlantic routes
David Learmount/LONDON British Midland (BM) has filed bids to launch a series of transatlantic services from London Heathrow, starting what it says will be a market development programme lasting between five and seven years. The carrier says that it has made its move in anticipation of a UK/US "open ...
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Marketplace
-Pearljet of Australia has purchased a second British Aerospace Jetstream 41 from BAe Asset Management - Turboprops (AMT), to be based at Brisbane. -O'Connor Airlines of Mount Gambier, Australia, has become the first customer in the Asia- Pacific region for the British Aerospace Jetstream 32EP enhanced performance aircraft, leasing two ...
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Fairchild Dornier examines 728JET partners
Principal risk-sharing partners in Fairchild Dornier's proposed new 728JET family of regional aircraft should be known by the end of the month. The main design configuration is expected to be frozen by May. The company's regional and business aircraft president Earl Robinson says that a total of 17 competing ...
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Pan Am suspends airline operation
Pan American World Airways filed for Chapter 11 bankruptcy protection on 26 February and "temporarily" ceased operations while the parent company seeks debtor-in-possession financing. The company is in default on aircraft lease payments of around $4 million and failed to make a $3.3 million security payment to Airline Reporting, which ...
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Fairchild Dornier examines 728JET partners
From Flight International Principal risk-sharing partners in Fairchild Dornier's proposed new 728JET family of regional aircraft should be known by the end of the month. The main design configuration is expected to be frozen by May. The company's regional and business aircraft president Earl Robinson says that a total ...
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AirTran aims for 'fresh start' after making heavy losses
US low fare airline AirTran says that it is "positioned for a turn-around", despite posting heavy losses for last year. The former ValuJet has reported a net loss for 1997 of $96.7 million, more than double its 1996 loss, on operating revenues that fell slightly, to $211.5 million. One-time ...
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AIA 98 WINNER:AMECO-Beijing (Maintenance & Modification)
AMECO-Beijing took its first important steps into the international market for heavy aircraft maintenance in 1997, showing how far the Chinese joint venture has come over the past eight years. AMECO was set up at Beijing's Capital Airport in 1989 as a joint venture between Air China and Lufthansa, ...
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Eastern premise
The abiding lesson from the recent Singapore air show is not the magnitude or nature of the present economic unrest in the Asia-Pacific region, but the vulnerability of the aerospace community in the region to such a crisis. Much as time and effort needs to be expended in countering the ...
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Asians sign up for Trent work
A memorandum of understanding for a proposed joint venture to undertake Trent engine overhaul and maintenance in Asia- Pacific has been signed by Rolls-Royce, Singapore Airlines Engineering (SIAEC) and Hong Kong Aero Engines Services (HAESL). HAESL, a joint venture between R-R and Hong Kong Aircraft Engineering, is the only ...
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France will retain majority stake in Air France
Julian Moxon/PARIS The French Government has opted for a progressive reduction in its 94% stake in Air France, but will retain a 53% stake in the carrier, leaving it as one of the last in Western Europe to remain state controlled. The move, which comes as Air France ...
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BA set to Go
British Airways has named its new low-cost airline subsidiary 'Go'. It will be launched in May from London/Stansted. Source: Airline Business
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Appointments
Federal Express has promoted David J Bronczek to executive vice president and chief operating officer and Tracy G Schmidt to senior vice president and chief financial officer. Karen M Claybourne has been appointed senior vice president and general counsel; Bob Elliott is now senior vice president of the Europe Middle ...