All Strategy articles – Page 1035
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Rising forces
Rapid growth in Gulf air transport has spawned new carriers and put pressure on others. Max Kingsley-Jones reports. The developing air transport market in the Gulf has been one of the 1990s' most fascinating stories as well as one of the most difficult to unravel - for observers outside the ...
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Little relief in taxing times
Jack Sellsby/LONDON Tax law changes have put paid to cheap deals Until the final quarter of last year, potential aircraft purchasers could take advantage of major rivalry in the aircraft finance markets between finance houses and banks in different jurisdictions offering airlines attractive tax-based finance structures. These made financing aircraft ...
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Workshop
Pemco has won a contract from Continental for heavy maintenance checks on Boeing 727s, McDonnell Douglas DC-9s and MD-80s.It has also been picked by Las Vegas start-up National Airlines for Boeing 757-200 maintenance. ++ Finmeccanica subsidiary Aeronavali has signed an agreement with Federal Express to maintain six DC-10-10s at ...
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Fine extends range with Arrow addition
Fine Air's purchase of Arrow Air could make it the largest of Miami's all-cargo international airlines, and will certainly extend its reach into South America. Fine Air has been seeking growth through acquisitions for some time. Last year it completed a $120 million bond offering that insiders predicted ...
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Swissair resists Air France deal
Any remaining speculation that Swissair could be headed for an alliance with Air France has been brought to an abrupt end, with group chief executive Philippe Bruggisser taking the opportunity of the SAirGroup annual results round to kill the possibility stone dead. Speculation had rested on the alliance ...
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Fictitious aircraft
Some transactions that may fall short of criminal fraud can nevertheless result in heavy losses, court actions and deep unhappiness. When businessman Thor Tjontveit and his Dallas-based company Air Alaska (also trading as World Pacific Air Lease Inc) were ordered by a New York court to pay compensatory and ...
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Get your aircraft economics right
Operating ageing aircraft can be an expensive business, as cost figures for the US majors clearly demonstrate. But how great is the cost difference between old and new? There has always been a trade-off between the cheap acquisition cost of older aircraft and the slick operating economics of modern types. ...
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Austrian spring
Six years ago, Austrian Airlines was in severe difficulties. Then Mario Rehulka and Herbert Bammer took the helm. Peter Bennett talkes to the two presidents about their carrier's dramatic transformation. It is early spring in Vienna. It has been a cold and snowy winter, but now the first buds ...
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Brussels gears up to tackle aviation
The mass resignation of European Commissioners could hardly have been poorer timing for those in Brussels gearing up to tackle major issues in aviation. Brussels had planned to start the year running with initiatives spanning everything from alliances through to Eastern Europe and the environment. The Competition Directorate ...
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Cheating on aviation
Electronic systems continue to transform the airline industry, bringing savings, efficiency gains and-an increase in fraud. The potential to "earn" big money quickly in a multi-million-dollar business like the airline industry has already bred fraudulent activities in the shape of bogus spare parts, false maintenance records and fictitious frequent flyer ...
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THY awaits election, privatisation
THY Turkish Airlines is awaiting the country's national elections on 18 April with bated breath, as its future privatisation and relationship with Qualiflyer partner Swissair hang in the balance. The hope is that a strong coalition government will emerge with the political backing to implement a package of ...
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PAL creditors back rehabilitation plan
Philippine Airlines (PAL) has received its first real piece of good news since June, as some of its biggest creditors back a make-or-break rehabilitation plan. The airline, which has been in receivership since June with a debt of more than $2.2 billion, filed the new plan with Manila's government-backed Securities ...
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News in brief
ProAir eyes public - Detroit-based ProAir plans to go public this year. The new entrant carrier is completing its final, $30 million, private placement and is planning an initial public offering. ProAir, which has received a fourth Boeing 737 and plans to add five this year, aims to add to ...
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News in Brief
New Cambodian - A new carrier, President Airlines, has been launched in Cambodia. It operates a single Fokker F27 on four domestic routes from Phnom Penh, plus charters to Bangkok in Thailand and plans to start scheduled services to Bangkok and Singapore. Opening up - Brunei and New ...
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News in Brief
BA's pilot deal - BA has sealed a comprehensive agreement with pilots union BALPA, which provides pilots flying for its controversial long-haul charter arm AML and short-haul routes out of Gatwick with the same terms and conditions as BA mainline pilots. In return pilots have agreed to relax some flying ...
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Iberia gets down to business
With the BA equity deal all but sealed, membership of oneworld under its belt and full privatisation slated by year end, Iberia has much to be cheerful about. But while the Spanish flag carrier reinvents itself as a serious international business airline, it will need to keep a close eye ...
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CAL and EVA go Canadian
Taiwan is changing the face of its presence in Canada and in the process has added a second player. Now the question is whether Ottawa will do the same in Taipei. Before the latest update in the Taiwan-Canada bilateral, Mandarin Airlines, a subsidiary of China Airlines (CAL), was Taiwan's ...
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Malaysia's spring clean
A house-cleaning exercise appears to be taking place at Malaysia Airlines (MAS), as the loss-making airline undergoes a major shake-up in its top ranks. In mid-February, MAS, which in the second half of the last calendar year had a debt of 11.8 billion ringgit ($3.1 billion) and was ...
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Three's a crowd
The narrowbody engine market has heated up since International Aero Engines snatched the market lead from CFM International on the A320. And a third competitor, Pratt & Whitney, is set to make the chase even more intense. Report by Karen Walker. A large banner hangs over workers at the CFM56 ...
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The environment starts to hot up
The environmental debate, it seems, is back with a vengeance. Europe's decision to call a halt to hushkitting has already sparked an acrimonious transatlantic row and there is every indication that this is only for starters. A discussion paper is due from the European Commission (EC) within weeks and, if ...