All Strategy articles – Page 1079
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News
WestPac to pack it all in
Denver-based Western Pacific has joined the long list of US low cost carriers to bite the dust. The airline has been unable to buy the time needed to turn around since limping into Chapter 11 bankruptcy last year. The US industry has been anticipating Western Pacific's demise for some ...
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BA alliance faces delay
Patience is a virtue that American Airlines and British Airways surely must be learning. Both carriers seem resigned to more months of delay as their proposed alliance faces scrutiny on both sides of the Atlantic. But BA now hopes that the European Commission might put all alliances at a ...
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US alliance opens the floodgates
The alliance coup pulled off by Northwest and Continental will speed up similar revenue tieups in the US and push global alliance building to new levels of activity. By Karen Walker.Denying a statement that he has worked for '. . . just about every airline in the US', US Airways' ...
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Sharp exit out of Asia
The Asian crisis is forcing Qantas and Air New Zealand to shift capacity out of Asia and into a face-off closer to home. Both airlines withdrew from Korea in January; Qantas has now announced cutbacks to Indonesia, Thailand, and Malaysia. Air New Zealand retreated from these markets last year. ...
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Southern boom
The US carriers, led by American Airlines, have benefited the most from the growth in demand to Latin America. Report by April Pearson. With growth of 23.9 per cent over the last five years, US-Latin America air traffic is outpacing economic growth. Growth still lags behind the larger European and ...
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Oriental calm dawns in US
At long last, Tokyo and Washington have settled their aeropolitical differences with a substantive open skies agreement that extends well beyond a 'mini-deal'. But Europeans are fuming at the deal's valuable concessions to the US. The new US-Japan open skies deal penned in February 1998 has helped right the ...
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Champion of the cause
Senator John McCain is on a mission to secure a more competitive US airline industry. His legislative proposals include freeing up more slots for startups and smaller airlines, prompt action against predatory behaviour, and increased airport funding. Report by Karen Walker.'He can be a powerful friend or a formidable foe,' ...
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Dutch courage pays off
KLM is now in the major league of global alliances. But the carrier still needs to select an Asian partner while noise restrictions at its hub threaten its development. Leo van Wijk, president and chief executive officer, talks to Lois Jones about the challenges facing KLM.At 10.30 am precisely ...
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Degrees of new disaster
The Asian economic crisis may have thrown the entire region into turmoil, but differing attitudes among Asian startups illustrate how misfortunes vary between countries. Harlequin Air, a new affiliate of Japan Air System, is confident that while Japan may have economic worries, its citizens still have disposable income. Harlequin ...
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Delta toys with TWA tie
A proposed codeshare by Delta Air Lines and Trans World Airlines on US-Japan routes is sparking speculation of the start of a stronger relationship between the two. Earlier in February, Delta's plans for a merger with Continental Airlines were thwarted when Continental opted instead for an alliance with Northwest ...
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Labour strife hits Europe
Cancellations are set to continue at Olympic Airlines if the question of staff shortages is not resolved, while labour strife is also plaguing Virgin Express. Olympic's unions are demanding that the airline reinstate the 64 seasonal flight attendants it fired in February. At presstime, the airline was forced to ...
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Mesa faces tough times
A new board of directors at Mesa Air Group is flexing its muscles in a bid to respond to challenges facing the carrier. The airline's new board includes Virgin Express chief executive officer Jonathan Ornstein and Virgin Express director, James Swigart. Larry Risley and his wife, both co-founders of ...
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And then there were four . . .
The latest 'virtual merger' means four airlines have 70 per cent of the US market. The airline alliance dance has moved into a new phase with the announcement of the virtual merger between Northwest Airlines and Continental Airlines. The entire industry is still trying to digest the implications of this ...
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Latin race heats up
Even before the American-Tacapact gets final approval, it is sparking a flurry of competitive reactions from other UScarriers, set on improving their own Latin American positions. The US Department of Transportation's tentative approval of the American-Tacadeal last December has pushed Continental Airlines to apply to fly to six Central ...
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Kiwi quests
Air New Zealand sees its future in a global alliance but has yet to gain access to the Star Alliance. Meanwhile the carrier still needs to overcome major challenges close to home. David Knibb reports from Auckland. Air New ZealandThey say events often happen in threes - all the more ...
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Looking peaky
In its third straight year of profit, the airline industry broke all records last year. But some Asians are suffering and tougher times may be ahead. Richard Whitaker reports. It's early days yet and many carriers have not yet reported full-year financial results for 1997, but it is clear that ...
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MetroJet set to propel US
US Airways' new airline, MetroJet, will throw down the gauntlet to the US champion of low-costs, Southwest Airlines, when it launches operations out of Baltimore-Washington on 1 June 1998. Details of US Airways' low-cost competitive response hold no surprises, according to analysts. By launching a service out of Baltimore ...
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Singapore Aircraft Leasing Enterprise (SALE)
Singapore Aircraft Leasing Enterprise (SALE) is to consider a Singapore and New York Stock Exchange listing in 2000 as a capital-raising exercise to help boost its portfolio. Managing director John Willingham says SALE has no definitive plans to list at the moment, although owners Singapore Airlines (SIA), Boullioun Aviation Services ...
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British Midland moves to protect bases
British Midland is stressing that its plans for transatlantic services announced yesterday are at an early stage and are very much dependent on the signing of an "open skies" air services agreement between the UK and USA. The airline says the decision is a "move to protect its bases", ...
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Leasing company sees opportunies in economic downturn
Sarah Lazenby Business is booming in Asia Pacific for flight crew leasing companies IASCO and ARS International. The companies have just placed 17 captains to fly McDonnell Douglas DC-10s and MD-81s for the Harlequin Air, the first new-entry low-cost carrier to serve Japan since the market was liberalised. Other Asian ...