All Strategy news – Page 1152
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Fokker wins a reprieve with big KLM order
FOKKER HAS WON another year's reprieve, after gaining agreement from the Dutch bankruptcy court that it can keep assembly lines open for another year, to produce 15 more aircraft. The agreement removes the immediate threat of closure which has been looming for the bankrupt aircraft maker, but key ...
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Unijet to take control of Leisure International
TOUR OPERATOR Unijet is to take full control of Leisure International Airways, by acquiring the 60% equity stake held by the Air UK Group and parent company British Transport Holdings before 30 April, 1997. The move has been widely predicted following KLM's increased investment in Air UK, presaging ...
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SIA
Edmund Cheng Wai Wing, chairman of the Singapore Tourist Promotion Board, has been appointed to the board of Singapore Airlines (SIA), as is Tjong Yik Min, executive director of Singapore Press Holdings, and Lim Chee Onn, who is also deputy chairman and managing director of Straits Steamship Land. ...
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Slow start
Six months after opening, Macau International Airport is struggling to generate business. Terence Hardeman and Brent Hannon/MACAU WITH FANFARE and speeches, the $1.1 billion Macau International Airport was officially opened in December 1995. Apart from the arrival of Dr Mario Soares, president of Portugal, and a Lockheed Martin ...
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More than illusion
Graham Warwick/ORLANDO THINK OF ORLANDO, Florida, and you are likely to think of Walt Disney World, Universal Studios and Sea World. Managers of Orlando International Airport would like you to think also of a vibrant community of young, affluent, people, working not only in tourism, but also in ...
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British Airways lines up multi-billion dollar deal
Max Kingsley-Jones/LONDON BRITISH AIRWAYS is expected soon to finalise a $2 billion order for around 20 Boeing aircraft, which could include a mix of 747-400s, 757s and some 777s. The deal will be the airline's first major order since 1991. BA declines to comment on the ...
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Hong Kong's new airport secures second runway
Paul Lewis/SINGAPORE Max Kingsley-Jones/LONDON CHINA AND THE UK have agreed to build a second runway for Hong Kong's new airport at Chek Lap Kok (CLK), to cater for faster-than-expected traffic growth. The agreement, signed by the Sino-British Joint Liaison Group, clears the way for a northern ...
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Transavia profits fall as tourism slumps
DUTCH CHARTER carrier Transavia Airlines reports a steep slide in profits for its last financial year, blaming the slump on a stagnant Dutch holiday market and a resultant dip in yields. President Peter Legro, announcing the results at the airline's base in Schiphol Airport, reported that operating profits ...
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Japanese make joint approach to Boeing for 747-X workshare
FIVE OF JAPAN'S principal aerospace manufacturers have joined forces to approach Boeing for a share in developing the proposed growth 747-500/600X. The companies are Japan's three "heavy industries" - Fuji, Kawasaki and Mitsubishi - together with ShinMaywa Industries and the smaller Japan Aircraft Manufacturing, or Nippi. Boeing is ...
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Appointments
McDonnell Douglas has named Michael M Sears president of Douglas Aircraft Company. Sir Malcolm Field has succeeded Sir Christopher Chataway as chairman of the British Civil Aviation Authority. Cees van Woudenberg is to become a member of KLM's board of managing directors with responsibility for human ...
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Chinese first
Northwest Airlines and Air China have signed an MoU as a first step towards creating a strategic alliance. The deal includes working towards schedule coordination, international and domestic codesharing and FFP and CRS links. Source: Airline Business
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Business buy
British Midland's parent, Airlines of Britain, has acquired 100 per cent of Scottish carrier Business Air. The Aberdeen-based carrier will operate most of its services in its own right but will also provide wet-lease services to British Midland. The carrier will continue to codeshare with Lufthansa at Manchester and maintain ...
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BA savours American pie
The impending alliance between American Airlines and British Airways confirms that US international aviation policy over the last two years has had a dramatic impact on the global airline industry. BA and American officials were preparing the accord at presstime. Sources say that a two-year discussion finally yielded ...
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Good relations
Why are most airports building up their marketing efforts to airlines? What are the most effective techniques? Why should airlines listen? Mike Haworth explains.As well as being clearly recognised as one of the most important factors in regional economic development, airports are increasingly acting like 'normal' businesses. And like ...
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Marketing a package
Abu Dhabi, host city for Routes '97, has its own unique approach to airport marketing. Mark Blacklock reportsShortly before landing at Abu Dhabi, capital of the United Arab Emirates, Britannia Airways screens a video about the city, its airport and the duty free shopping complex. Provided free of charge by ...
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Hungarian dance
While it awaits the next stage of privatisation, Hungary's flag carrier is busy improving its efficiency. Richard Whitaker reports from Budapest. Ask a Malev executive what the carrier's ownership structure will be in a year's time, and the response will be very simple: it's almost anybody's guess. But ask about ...
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Iata fares badly over price fixing
Over the past 20 years, US officials have never missed an opportunity to utter their contempt for the tariff conferences that the International Air Transport Association holds for member airlines. The meetings, during which fare ceilings for international travel are set, have been exempted from antitrust laws since 1945. But ...
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Mirror images
Japan's two largest carriers are eyeing each other's traditional markets as they struggle to rectify the advantages enjoyed by their US rivals and the disadvantages of Japanese airport congestion. Successful cost-cutting remains the key. Mark Odell reports on their progress from Tokyo and then scrutinises domestic deregulation Japanese-style. Put the ...
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A clearer direction?
A spring-clean of the alliance movement has taken place over the past year, with many of the majors dusting off and discarding some of their older, redundant agreements and focusing instead on developing newer ones. Meanwhile the number of alliances continues to grow as more pertinent agreements are added by ...
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Euro-continent is slow to recover
The long period of expansion for the global economy, which began in the United States five years ago, looks set to pickup momentum again this year and next as the Japanese business machine springs back to life. However, the performance of the industrial countries as a group looks distinctly patchy ...