All Strategy news – Page 1145
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Business Express attracts interest, despite bankruptcy
SAAB AIRCRAFT, which forced Business Express into bankruptcy court early this year over a $20 million debt, "-has been approached by parties interested in taking over the regional airline", says Michael Magnusson, Saab's senior US-based sales executive. "We are confident that someone will take it over. A couple ...
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Delta launches low-cost Express from Florida base
Karen Walker/ATLANTA DELTA AIRLINES has entered the low-fare market with the launch of Delta Express, a single-class service providing non-stop flights between Florida and cities in the mid-western and north-eastern USA. Services, using a dedicated fleet of 25 Boeing 737-200s, will begin on 1 October ...
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BWIA
Gilles Filiatreault has been named chief executive of Caribbean airline BWIA, of Port of Spain, Trinidad & Tobago. He was formerly chief executive at Liat and, before that, he was founder-president and chief executive of Air Canada regional carrier Air Alliance. Source: Flight International
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Air Jamaica
Albert Chappell has been appointed executive vice-president and chief operating officer of Air Jamaica, of Kingston, Jamaica, in a restructuring of the executive management. President David Taylor has resigned the position with immediate effect, to ease the organisational changes. Source: Flight International
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American
AMERICAN American Airlines, of Fort Worth, Texas, has appointed Frank Morogiello managing director of commercial sales. He succeeds James Marsicano, who has become vice-president for the SABRE Interactive Group. Morogiello was previously American's managing director of field corporate programmes and special sales. Source: Flight International
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British Midland
Rick Cooper has been named director of international marketing for the USA for UK carrier British Midland Airways. Cooper, who will be based in Scottsdale, Arizona, was formerly with US carrier United Airlines. Source: Flight International
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Airtran
AirWays, of Orlando, Florida, parent company of AirTran Airways, has appointed its chairman and chief executive, Robert Swenson, president and chief executive of AirTran, following the retirement of John Horn. Swenson was chief executive of AirTran Corporation from 1978 to September 1995 and is a former treasurer, vice-chairman and chairman ...
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US airlines exploit the boom
Kevin O'Toole/LONDON THE MAJOR US AIRLINES have followed up their latest round of record profits with predictions that their spectacular performances will continue into the second half of the year. The airlines turned in their best-ever net profit - of more than $1.5 billion - ...
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Security alert
The TWA Flight 800 crash has caused the USA to look hard at its security measures. Some of the answers could lie in Europe. Chris Yates/MANCHESTER THE 17 JULY TRANS World Airlines (TWA) Flight 800 crash has forced the USA to review the level of security afforded ...
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USAir goes to court to break up BA plans
USAir goes to court to break up BA plans Ramon Lopez/WASHINGTON DC USAIR HAS finally declared its position on the pending alliance between British Airways and American Airlines in dramatic fashion, by filing a lawsuit against its UK partner for breach of contract. ...
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ValuJet puts fleet on sale
VALUJET AIRLINES is trying to sell or lease the bulk of its McDonnell Douglas DC-9s and MD-80s. The low-cost carrier was operating 51 aircraft when it was grounded on 17 June, but plans to resume service by mid-August with a maximum of 15 DC-9-32s. The airline plans ...
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Turnaround in Mexico
Mexicana is 75 years old this year Geoffrey Jones/MEXICO CITY MEXICANA, THE OLDEST airline in North America, celebrates its 75th anniversary this year. Under the new leadership of chief executive Fernando Flores, Mexicana has an optimistic vision for the future as it consolidates its market strengths, both ...
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Financial data
Economic trends: Fuel prices appear to have stabilised, and spot prices are back at the level before the March increase. Airline traffic: May traffic was buoyant for the US majors, with revenue passenger km rising 7.6 percent and load factors up 3.2 points. Six of ...
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Bought in Taiwan
Taiwan's major carriers are tying up more domestic links through stakes in local airlines. EVA Air will raise its stake in Taiwan Airlines from 30 to 40 per cent, while rival China Airlines has agreed to acquire a third of Formosa Airlines, subject to government approval. U-Land is now the ...
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Appointments
James P Kelly has been elected chairman and chief executive officer of United Parcel Service. Isaac Omolo Okero is the new chairman of Kenya Airways, which has renewed the contracts of managing director Brian Davies and finance director Malcolm Naylor. John W Power is to become ...
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Canadian change
Canadian Airlines' chief financial officer, Kevin Benson, has become president and CEO replacing Kevin Jenkins, who resigned under union pressure. Air Canada has named John Foster Fraser as its non-executive chairman replacing Hollis Harris. Source: Airline Business
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Bow to no man
Pieter Bouw, the president of KLM, will need all his knowledge of the industry to rise above the crisis in the relationship with Northwest Airlines, growing competition from other hubs and US-European alliances, and insufficient market share in Europe. Interview by Jackie Gallacher. Airline Business: KLM's operating result declined ...
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Ancient and modern
Saudi Arabian's new name and image are the latest components in a programme of wholesale change at the airline. Director general Dr Khaled A Ben-Bakr talks to Richard Whitaker. When it comes to changing things, Dr Khaled Ben-Bakr isn't reticent. Last year's order for $6 billion worth of new aircraft ...