All Strategy news – Page 1103
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News
Marketplace
++ Varig Brazil has signed a letter of intent with GE Capital Aviation Services for the lease of three new Boeing 737-300s for five years. Deliveries of the aircraft will begin later this year. ++ Monarch has taken a Lockheed TriStar on sub-wet lease from Air Atlanta Icelandic for five ...
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Qantas considers NZ options-
Paul Phelan/CAIRNS Qantas is now considering at least three options for entry into the New Zealand domestic market. Following Air New Zealand's (ANZ) acquisition of a 50% stake in competitor Ansett Australia, the two national carriers have severed all commercial links, leaving Qantas without an adequate presence on ...
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Pakistan shelves privatisation of PIA,but fleet renewal nears
Kevin O'Toole/LONDON Privatisation plans for Pakistan International Airlines (PIA)have been put on hold, says the carrier's new chairman Shahid Khaqan Abbasi, but he confirms that decisions are close on new-aircraft purchases which will mean that the entire fleet will be renewed over the next few years. ...
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Help me, buddy
If anybody had any illusions that the airline industry could relax about its safety record, events of the last few days should have dispelled them. In the space of ten days, at least three large airliners and one small one were destroyed in the course of regular services ...
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Express success
Forbes Mutch/BILLUND, DENMARK There is usually only one reason why an airline's management might purchase new aircraft, and that is expansion. It may be expansion of the route network, an increase in service frequency or a rise in the number of passengers. In the case of Sun-Air of ...
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Rolls-Royce hastens Trent 8104 for 777-200X
Rolls-Royce has signed a new agreement with Boeing to advance the development of its planned Trent 8104 growth engine by a further four months, to meet a September 2000 delivery date for the first 777-200X. The memorandum of understanding (MoU) covers the development of a Trent 800 derivative ...
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Station 12 eyes aero market
Ian Sheppard/GRONINGEN NETHERLANDS Land-Earth Station (LES) operator Station 12, which holds 15% of the Inmarsat mobile-telecommunications market, has indicated that it may be interested in providing a satellite-communications service for airborne receivers. Paul Frank, Station 12 head of business development, says that the company is considering ...
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Emery
International freight carrier Emery Worldwide, of Palo Alto, California, has appointed Peter Quantrill vice-president international. He succeeds Chutta Ratnathicam, who was recently named senior vice-president and chief financial officer of Emery's parent CNF Transportation. Before joining Emery, Quantrill was with freight carrier UPS. Source: Flight International
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Air UK considers options in fleet-expansion strategy
Max Kingsley-Jones/LONDON Air UK expects to finalise its fleet-expansion strategy in the coming months in a move which could see the airline selecting a new 60- to 80-seat aircraft to slot in between its 50-seat Fokker 50s and 99-seat Fokker 100s. Philip Chapman, Air UK's director ...
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Airbus lands first A340-500/600 deals
Max Kingsley-Jones/London Airbus has taken an important step towards a full programme launch for the A340-500/600 growth versions by securing commitments from two major airlines for the aircraft. Air Canada plans to take the types as part of a major A330/A340 deal, while Virgin Atlantic aims to become ...
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BA considers move in low-fare market
Max Kingsley-Jones/LONDON British Airways is studying a move which could see it proceed in the low-fare market against new "no-frills" rivals such as easyJet and Debonair. The airline, which is already seeking to cut costs by £1 billion ($1.7 billion) over the next three years, has ...
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EC sets out rules for BA and American alliance
Julian Moxon/Paris The European Commission (EC) competition directorate has laid out its position on granting approval to the planned alliance between American Airlines and British Airways. The paper, in which the EC outlines a series of problems it has with the alliance, repeats the call for ...
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LHTEC focuses on CTP800 design
Guy Norris/Indianapolis US engine manufacturers AlliedSignal and Allison are completing final-design work on the CTP800 turboprop for the Ayres LM200 Loadmaster freighter, following selection of a Hamilton Standard propeller system. The Loadmaster will be powered by twin CTP800s, a turboprop version of the T800 turboshaft, developed ...
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Marketplace
++ Icelandair has signed an agreement with eight financial institutions for the provision of $100 million loan, arranged by HSBC Investment Bank Asia and Landesbank Kiel, to finance two Boeing 757-200s due for delivery in January 1998, and April 1999. ++ The Florida based Aviation Management Support has acquired ten ...
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MHS to cut its Cambodian ties
Paul Lewis/SINGAPORE Malaysian Helicopters Services (MHS) looks set to pull out of its joint venture with Royal Air Cambodge (RAC), following the new Cambodian Government's decision to establish a joint venture airline with Thailand and open international air services. The Cambodian Government has signed a memorandum ...
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New US taxes may take a toll on airline boom
Kevin O'Toole/LONDON US airlines could be hit with extra taxes of almost $4 billion over the next five years under recommendations from the US Congressional committee set up to establish an alternative to the 10%federal ticket tax. The recommendation, which is expected to become law from ...
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Thai consortium searches for investors to make Angel fly
A Thai consortium recently selected to establish Thailand's second national carrier is looking for foreign investors to take an equity stake in the planned start-up operation, to be named Angel Airlines. JVK Holdings says that it is in discussions with potential overseas investors, including foreign airlines. It admits, ...
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US Airways makes new offer to pilots
US AIRWAYS has made a new contract offer to pilots who are suing the US carrier over tactics used during fruitless bargaining over cost-cutting measures. The airline claims that the proposal would provide pilots with job security while enhancing growth in operations which keep pace with rival airlines. ...