All Strategy articles – Page 1049
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News
US DoT stalls alliance frequent-flier tie-up
The US Department of Transportation has blocked Northwest Airlines and Continental Airlines from merging their frequent-flier programmes until at least early December while it continues to review all provisions of a planned wider tie-up. Meanwhile, the USA's second-largest pilots' union has asked the Clinton Administration to block Northwest from ...
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Brymon places CRJ options to cover expansion
Max Kingsley-Jones/LONDON Brymon Airways is poised to undertake a major fleet expansion programme, and the carrier has plans to acquire Bombardier Dash 8-400s and Canadair Regional Jets (CRJs). The Plymouth, UK-based carrier, a wholly owned regional division of British Airways, operates its all turboprop fleet of 16 50-seat Bombardier Dash ...
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BWIA plans cash injection to expand fleet
Max Kingsley-Jones/LONDON BWIA International Airways will undertake a major fleet expansion programme in 1999, funded by a soon-to-be-unveiled initial public offering (IPO). The move follows the successful implication of a restructuring plan earlier this year by chief executive Conrad Aleong, as the airline prepares for the first profit in ...
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Routes
-Air Mauritius has launched a weekly flight from Mauritius to the Mozambique capital Maputo with a Boeing 767-200ER. The same-day return leg flies via Harare, replacing the airline's non-stop flights between Mauritius and the Zimbabwean capital. Lagos is added to the African network on 3 December with two weekly 767 ...
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A330s head for Brazil after currency hiccup
Joe Sims/MIAMI TAM expects to take delivery of its first two Airbus A330s by the end of the month after a delay of over a month caused by a currency crisis in Brazil. The carrier, based in Sao Paulo, had been due to receive its first of five Pratt & ...
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SAirGroup buys 49% of LTU and eyes full access to EU market
Andrew Doyle/DÜSSELDORF SAirGroup has finally completed its long-awaited acquisition of a 49.9% stake in German tour operator LTU as the latest step in its plans for a major expansion of its operations in the European leisure travel market. The deal comes as senior executives at the Swissair parent are expressing ...
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Litton flight tests gyro retrofit on Boeing 727
Litton Aero Products is flight testing its LTR-97 fibre optic gyro-based system on a Boeing 727-200 as a strap-down replacement for potentially thousands of aircraft equipped with older electro-mechanical, vertical and directional gyros. The market, estimated to be for around 5,000 systems, includes McDonnell Douglas DC-8s, DC-9s and MD-80s, ...
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Cathay's effort to revive PAL earns approval from receiver
Andrzej Jeziorski/SINGAPORE A conditional offer by Cathay Pacific to invest up to $100 million in debt-ridden Philippine Airlines (PAL) has been accepted by PAL's interim rehabilitation receiver committee. The two airlines say they will jointly draft a "rehabilitation plan" for PAL, to be submitted to the Philippines Securities ...
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Common theme
Graham Warwick WASHINGTON DC Can airlines agree to buy a standard aircraft, in the hope of reducing costs, or will each continue to demand hundreds of custom changes that set its aircraft apart from any other carrier's? That is the question facing an airline task force which is to ...
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Pension problems threaten to delay SAA sell-off
Lufthansa chairman and chief executive Jürgen Weber says that the privatisation of South African Airways (SAA) is unlikely to take place before next year. Lufthansa and Singapore Airlines (SIA) are seen as front runners to take a 20-35% stake in the South African flag carrier, which was expected to ...
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Mandarin/Formosa set to merge in June
Andrzej Jeziorski/SINGAPORE Taiwan's China Airlines (CAL) has fixed a June target date for the merger of its two subsidiaries, Mandarin Airlines and Formosa Airlines. The move is intended to create a new domestic carrier, allowing CALto concentrate on international services. It has been under examination since mid-1998, following ...
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Sticky problems tar Malpensa operations
The latest in a stream of mishaps and malfunctions to have plagued Milan Malpensa Airport since its 25 October "relaunch" as Milan's primary international airport is the melting of the newly laid surface of runway 1. Aircraft were disabled on 5 and 6 November when lumps of tar stuck to ...
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Routes
-Alitalia Cargo and KLM Cargo have started a joint freighter service. Using two KLM Boeing 747-300s and three Alitalia 747-200s, the airlines have a multihub arrangement based on Amsterdam Schiphol, Milan Malpensa and Rome Fiumicino. The agreement enables Alitalia Cargo to add Amsterdam, Dubai, Kuala Lumpur, Penang, Singapore and Tel ...
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British Midland goes regional with ERJ-145s
Max Kingsley-Jones/LONDON British Midland (BM) has confirmed its expected move into regional jet operations, with a $200 million order for up to 15 Embraer RJ-145s. The airline, however, has not yet finalised its fleet plans for long haul aircraft, but has held delivery positions with Airbus Industrie and Boeing ...
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Raisbeck installs Stage 3 mixer for 727 tests
Raisbeck Commercial Air Group has begun flight tests of a Boeing 727-200 fitted with newly developed engine tailpipe forced mixers. The tests are aimed at achieving certification of the company's heavy gross weight (HGW) Stage 3 system by March 1999. The US company says the tests are attracting "serious ...
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Royal Brunei is forced to delay A319s by new management
Paul Lewis/SINGAPORE Royal Brunei Airlines (RBA) has been forced to postpone taking delivery of two Airbus A319s in the wake of a senior management shake-up within the company, and after having failed to meet payment deadlines to the manufacturer. RBA had been scheduled to take delivery of the ...
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GB Airways follows BA with A320 family deal
GB Airways has followed the lead of its franchise partner, British Airways, and decided to drop its Boeing 737 fleet in favour of the Airbus A320 family, with a deal for up to 14 aircraft. The airline, which operates franchise flights for BA to North Africa and the western ...
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SAir Group acquires major Air Europe stake
Marco Messalla/MILAN Swissair parent SAir Group is to grow its increasing portfolio of small European airlines by taking the maximum permitted stake in Italian long-range charter carrier Air Europe, through the purchase of 49.9% of Dutch-based holding company Tegel. The move follows the recent purchase of 44%of France's Air ...
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Syndicates jostle to advise Thai on sell-off
Six competing international and local financing syndicates have submitted bids to Thai Airways International to advise on the planned long-awaited partial privatisation of the national carrier. The Thai Government has already approved in principle the sale of 23% of the airline to private investors and, potential, strategic partners. Bangkok, ...
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China Airlines shares will go on the market
Taiwan's state-controlled China Aviation Development Foundation (CADF) has approved the proposed sale of half of its 71% majority stake in China Airlines (CAL) to yet to be identified local or foreign investors. CADF plans to reduce its holding in CAL to 35.5%, as part of a move to revamp ...