All Strategy articles – Page 1011
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News
Polish LOT goes to highest bidder
SAirGroup has won the battle to take a large minority stake in state owned Polish flag-carrier LOT, dealing a blow to rival bidders British Airways and Lufthansa. SAir is to buy 37.6% of LOT, partially filling the void in eastern Europe caused by the departure of Austrian Airlines from the ...
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British Midland gets ready for Star sign
British Midland (BM) is poised to sign to with Star Alliance after agreeing to a two-week period of exclusive negotiations with Lufthansa. BM has been veering towards one global grouping after another for months. BM says its "proposed agreement" with Lufthansa would see the German major acquire a 20% ...
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Helios charters rise in Cyprus
Backed by Cypriot and Swiss investors, a new privately owned charter carrier serving the leisure market will start operations from Larnaca, southern Cyprus, next June. Already licensed by Cyprus, the carrier, Helios Airways, will launch services with a single 170-seat Boeing 737-400 leased from GE Capital Aviation Services. By ...
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Delta learns crash lessons with mask deal
Delta Air Lines is to equip all its aircraft with full-face cockpit oxygen masks from BE Aerospace. The move follows a number of fatal fires and comes ahead of an anticipated Federal Aviation Administration ruling on their use. The airline plans to fit the system to all 600 ...
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TWA and Delta expand hub feed
Paul Lewis/WASHINGTON DC Trans World Airlines is to launch a regional jet operation as part of an expansion of its feeder service. Another US carrier, Delta Air Lines, has moved to further strengthen its Connection network by acquiring partner airline Comair. TWA plans to have eight 50-seat regional ...
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Destination unknown
Replacing its current fleet could be the least complicated issue facing Canadian Regional Airlines as an airline takeover battle looms Paul Seidenman/CALGARY As Air Canada and Canadian Airlines (CAI) face up to each other in what is becoming one of the hardest-fought airline takeover battles in recent years, shock waves ...
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Marketplace
Air Canada has received the first of six Rolls-Royce Trent 700-powered Airbus A330-300s. Qatari wet-lease specialist Gulf Falcon Group has arranged to acquire five ex-Japan Airlines Boeing 747s, including two -100s and three -200s, from Itochu Air Lease, for delivery from December. Indigo Aviation has sold two CFM International CFM56-powered ...
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BA snubs 717 and stays with Airbus for short-haul fleet strategy revamp
Max Kingsley-Jones/LONDON British Airways' decision to order more Airbus narrowbodies rather than the Boeing 717 for its 100-seat needs is part of a major short-haul fleet strategy revamp. According to sources within the carrier, the three-year-plan, which comes as part of the airline's strategy of reducing capacity and ...
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Fine looks to replace DC-8s
Paul Lewis/MIAMI Recently merged cargo carriers Fine Air and Arrow Air are looking to acquire freighters to replace their McDonnell Douglas DC-8-50s. The newly amalgamated company intends to acquire eight freighters by the middle of next year to replace an equal number of Fine Air's DC-8-50Fs. Both companies ...
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Purchase moves Aegean up to second
Julian Moxon/PARISGreek start-up Aegean Airlines will be the second-largest airline in the country, after state-owned Olympic Airways, as a result of a forthcoming purchase of a majority share in Air Greece. Aegean has agreed to take over the 54% share of Air Greece held by shipping company Minoan Lines. It ...
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Atlantic Excellence ends after leaders split
Chris Jasper/LONDON Hilka Birns/CAPE TOWN The Atlantic Excellence Alliance has been wound up, formalising the split between the group's leaders, Delta Air Lines and Swissair, which emerged following the US giant's bilateral agreement with Air France. The alliance was formed in June 1996, bringing together Swissair, Austrian Airlines, Belgium's ...
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Airports
Caracas Maiquetia Airport is undergoing the first phase of a $100 million upgrade project, dubbed "Maiquetia 2000". This will see the airport's main passenger terminal reconstructed within a two-level departure/arrival layout, due to open in 2001. The airport's runway is also undergoing major repairs. Work has begun at Knoxville's McGhee ...
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SIA gets set to join Star Alliance
Jens Flottau/TOKYO Singapore Airlines (SIA) is to join the Star Alliance by the start of the second quarter of next year after an on-off saga in which the Asian giant seemed to distance itself from the group after clashing with Star member Air New Zealand over ownership of Ansett Australia. ...
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Latin America deals to strengthen Wings
Continental Airlines is moving to strengthen the presence of the planned Wings alliance in Latin America through tie-ups with smaller carriers. The plan is to compete for access with oneworld and the Star Alliance. The Houston-based carrier confirms it would like Venezuelan partner Aserca Airlines to join the Wings ...
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American Eagle starts phasing out Saabs
American Eagle Airlines has begun to phase out its massive Saab 340 fleet, with the entry into service of the new Embraer ERJ-135 and gradual transition to a predominantly turbofan-powered operation by 2005. The AMR-owned regional carrier has put the first nine of its 115 Swedish twin-turboprops on the ...
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MRO merger talks fade amid legal suits
Chris Jasper/LONDON BFGoodrich and US aircraft maintenance specialist Aviation Sales have held talks about a possible merger, say industry sources, adding that negotiations have petered out as Aviation Sales faces a possible court action over claims that it issued misleading statements on demand for its services and likely earnings. ...
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Marketplace
Polar Air Cargo has introduced two additional Pratt & Whitney JT9D-7Q-powered 747-200 freighters and retired one of its older747-100s. Cathay Pacific has ordered two additional Rolls-Royce RB211-524H-powered Boeing 747-400 freighters, for delivery in September 2000 and August 2001. The Hong Kong-based carrier has also concluded its lease deal with Air ...
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Virgin drops Sun Air plans
Virgin Atlantic Airways has abandoned plans to revive failed South African regional carrier Sun Air, but is chasing a tie-up with another regional, Nationwide Airlines, after winning a weekly frequency to Cape Town ahead of UK rival British Airways. Virgin already flies to Johannesburg and had codeshared on Sun ...
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Chinese airline tie-up talks break down
Merger talks between Air China and China Southern Airlines have broken down, Beijing-based industry sources say. Reports say talks failed amid continuing concern over flag carrier Air China's financial shape, with China Southern unsure of the merits of a merger. Flight International sister on-line service Air ...
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China maintenance market attracts joint ventures
New Chinese maintenance company Shandong TAECO Aircraft Engineering (STAECO) plans to expand its capabilities and customer base by mid-2000. The move is part of a wide-ranging expansion of maintenance capacity in China as established companies increase facilities and new entrants join the fray. STAECO carries out maintenance below D checks ...