All Strategy articles – Page 1060
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Two set for Tokyo launch
Japan has taken several more steps towards deregulating its skies by liberalising overseas fares and licensing two new domestic airlines. The Ministry of Transport is promoting fares competition by allowing higher discounts on international tickets. From October, fares for overseas tours may be 35 per cent below International Air ...
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Recipe for reform
Romania's national airline still hopes to attract a western partner, if only the economy would improve. Take one battered old airport, add a few old Russian aircraft, and then throw in years of political instability. Stir with economic collapse, simmer for nine years, and serve with a garnish of ...
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Gill Air closes on Fokker 100 leases for franchise flights
Gill Air is finalising a deal to acquire three Fokker 100s to enable it to launch jet operations on its Air France franchise routes early next year. The UK regional airline, based in Newcastle, has selected the 100-seat Fokker for its jet requirement over the similarly sized British Aerospace ...
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717 sales drought may prompt Air Canada 'walk-away' offer
Guy Norris/LOS ANGELES Boeing is stepping up its sales campaign for the 717-200 in North America and is negotiating possible "walk-away" deals with Air Canada as anxiety grows internally over the lack of new orders for the small twinjet. Boeing declines to comment on specific campaigns, but Air ...
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Pan Am Academy investor hunt ends in Boston
Pan Am International Flight Academy (PAIFA) has been acquired by a US investment firm which has agreed to at least double the size of the Miami, Florida-based independent training company over the next three years. PAIFA was purchased by private Spanish investors in 1992 from the estate of defunct ...
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Air Jamaica plan for all-Airbus fleet hit by shortage of aircraft
Graham Warwick/Washington DC Air Jamaica wants to move to an all-Airbus fleet "as soon as possible", to cut costs, but is being stymied by a lack of available aircraft. The Jamaican flag carrier is looking for at least four A320s and one A340, says chief executive Christopher Zacca. ...
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IAI seeks to wrap up FedEx deal with further Airtruck investors
Israel Aircraft Industries' (IAI) Airtruck specialised cargo aircraft has been selected in principle by FedEx to meet its requirement for a Fokker F27 replace- ment. The Israeli company is struggling to meet FedEx's price demands, however, and is seeking additional customers, partners and investors to enable the programme to be ...
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Braathens purchases Malmö Aviation
Braathens is to purchase Swedish airline Malmö Aviation for around SEK600 million ($74 million). Braathens partner KLM, which has a 30% stake in the Norwegian airline, will also "contribute" a sum believed to be about $20 million. The deal is the latest chapter in the tussle within the region ...
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Qantas warns on competition
Paul Phelan/SYDNEY Qantas has warned that increasingly desperate competition from rivals in the region will make it difficult for the Australian airline to sustain the record profits it has just declared for the 1997/8 financial year. Operating profit was up 13.6% on the previous year at US$282 million, ...
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Transaero shake-up may lead to merger
Alexander Velovich/MOSCOW A battle for control at Russian airline Transaero has seen the airline's founder, Alexander Pleshakov, ousted, with Aeroflot Russian International Airlines majority shareholder Boris Berezovsky now believed to be have taken control through a share trading deal. There is now speculation that the two airlines could be ...
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UAL/Delta pilot talks
Pilots groups representing Delta Air Lines and United Airlines have begun negotiating the issues concerning their two airlines' proposed marketing alliance, which includes a code-share. The pact does not involve a merger, but must be approved by both pilot groups represented by the Air Line Pilots Association since their contracts ...
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SIA seconds pilots
Singapore Airlines will transfer two of its senior Airbus A340 and Boeing 747 management pilots to China Airlines (CAL) for two years, following recent signature of a strategic alliance by the two carriers. Pow Tuk-Kwan will serve as CAL's new vice-president of flight operations and Gui Wee-Kee as special assistant ...
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Wicat adds Boeing to training device portfolio
Wicat Systems has seen sales of its flight training devices increase as airlines move to reduce the amount of expensive full-flight simulator time used for transition and recurrent training. Recent sales of flight management and guidance system trainers (FMGST) for Airbus types include six to Northwest Aerospace Training (NATCO, A320), ...
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Alliance Air to strike deal for troubled Ugandan flag carrier
Chris Yates/KAMPALA Uganda Airlines believes that it can complete its privatisation sale by the end of the year. The carrier's existing partner, Alliance Air, is seen to be in the lead position with a stake of up to 49%. The Ugandan Government is keen to sell off its ...
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Lone pilot objects to Australasian Singapore alliance
Paul Phelan/CAIRNS An objection by New Zealand pilot Peter Wakeman to Australia's competition authorities was the only remaining obstacle last week to the implementation of the planned commercial alliance between Air New Zealand, Ansett and Singapore Airlines (SIA). The Australian Consumer Competition Commission (ACCC)released a final authorisation on ...
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UK Government livens up row over American/BA slot concessions
The UK Government has joined the row with the European Commission over whether British Airways should be allowed to sell airport slots as part of the deal allowing its alliance with American Airlines. Deputy prime minister John Prescott has sided with competition commissioner Karel Van Miert in claiming that ...
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European flag carriers line up for AOM stake
France's largest independent carrier, AOM, has been put up for sale and it is understood that offers have been sent to major European flag carriers, including existing alliance partner Swissair. The sale comes as the carrier also looks to upgrade its long-haul fleet. AOM's majority shareholder, the Credit Lyonnais ...
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BA and KLM blaze a trail for European profits
British Airways and KLM have led what promises to be a strong round of European airline profits in the June quarter as the region's traffic continues to boom. The UK flag carrier, reporting the first quarter of its financial year, was back on track after the profits dip caused ...
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IAI negotiates to set up Moscow maintenance centre
Israel Aircraft Industries (IAI) is in negotiations with Russian airline Transaero to set up a maintenance centre at Moscow's Sheremetyevo Airport. The Bedek division of IAI has been maintaining Transaero's fleet of Boeing 757s and McDonnell Douglas DC-10s since 1993, with Bedek technicians performing line maintenance in Moscow. Heavy ...
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Virgin Express finalises plans to start Rome hub
Virgin Express is finalising its plans for a secondary hub at Rome, with the setting up of a base at the Italian airport. The low-cost airline chose Rome Fuimicino Airport to be its southern European hub in May, and already serves the airport from its Brussels base and flies ...