All Strategy articles – Page 1112
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News
Star bursts on to scene
United Airlines and Lufthansa have moved alliance building into a new era with the launch in mid-May of the five carrier Star Alliance, which attempts to present the passenger with a more uniform product while retaining individual brands. At presstime, details were scarce but the carriers were keen ...
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China limits CAL's choice
China Airlines' search for a foreign airline equity partner is being frustrated by potential bidders' fears of upsetting Beijing and the Taiwanese carrier is likely to find its choice of investors limited to the Chinese mainland. The quasi-governmental foundation that owns 81 per cent of China Airlines plans ...
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Proceed with care
If a single US airline were to be picked out for its sheer likeability, then that airline would have to be Southwest Airlines. This darling of the industry consistently puts smiles on the faces of its employees, its passengers, bankers, analysts, shareholders, and even former Department of Transportation inspector general ...
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West sends clear signals over HK
There will be no more important global event this decade than the handover of Hong Kong, the most advanced economy in Asia (excluding Japan), to its neighbour in the north, the People's Republic of China. When the Union Jack is finally lowered at midnight on the last day ...
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CNAC enters stock race
Two of China's leading aviation companies are embroiled in a race to list on the Hong Kong stock exchange before the territory is handed over to Beijing's control on 1 July, with sources suggesting only one is likely to succeed. Guangzhou-based China Southern Airlines is still trying to ...
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Commission cuts hit the small guys
This year's decisions by five US majors to cut commissions for on-line travel bookings in half could result in the collapse of smaller on-line travel agents, leaving this potentially lucrative market in the hands of three major companies. Northwest was the first carrier to cut the commission paid for on-line ...
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Who dares follow Crandall's path?
Somewhat ruefully, a speaker at AvMan's recent CEO conference for Latin American and Caribbean airlines remarked that it now seems as if all roads lead to Bob Crandall, American Airlines' president and chief executive officer. There is a wide gulf, however, between those who eagerly hope to tread that path ...
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Malay duo to share routes
Malaysia's second international carrier AirAsia is planning a rapid expansion programme but this is unlikely to trouble incumbent Malaysia Airlines after the two carriers agreed to avoid competition. Operating as Pacific Eagle, the carrier is set to launch services to Shanghai in China - alongside MAS - and ...
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The good European
What do you get if you cross an English mother company with French and German subsidiaries? The airline industry is still waiting for the punchline as British Airways pursues its so far unprofitable attempts to move into the French and German domestic markets via subsidiaries TAT/Air Liberté and Deutsche BA. ...
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French make waves in Fiji
It's normally the US that stands accused of neo-colonialism. But not to be outdone, France has decided it too can play the game and the focus of its efforts is the tiny Pacific island of Fiji. The island's government, a major recipient of overseas aid from the European ...
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Financial results
Company Period Net US$ mil Comp period Sales US$ mil % change Aer Lingus Y Dec 31 51.2 24.2 1,225 -4.0 AMR Corp 1Q Mar 31 152.0 157.0 4,006 2.4 Austrian Airlines Y Dec 31 19.8 30.4 1,228 8.8 China Eastern Airlines ...
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Foreigners out
India's ban on foreign airlines investing in domestic carriers still stands, despite the collapse of the government in April. New prime minister Kumar Gujral has retained transport minister C M Ibrahim, architect of the foreign equity ban, while free marketeer P Chidambaram has resigned as finance minister. However, there is ...
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PIA sale to fund revamp
The Pakistani government has launched its search for a strategic equity partner to help recapitalise and restructure state-controlled Pakistan International Airlines. The government's privatisation commission plans to appoint financial advisors, consisting of an investment bank, a law firm and consultants, on 20 July to oversee the sale of ...
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A race to market
When Seiji Fukatsu, president of Japan's All Nippon Airways, called a press conference in mid-April, local scribes could have been forgiven for speculating that a major announcement of international import was in the offing. It was common knowledge that ANA was on the verge of releasing details of ...
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Partners for now
Every year sees a major change to the global alliance movement and this year's survey, the fourth consecutive since 1994/95, is no exception. Last year SAS left the European Quality Alliance for Lufthansa, while this time British Airways ditched its codeshare with US Airways in favour of American Airlines. With ...
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Wolf stalks, unions resist
Frustrated by the lack of progress in labour negotiations and under pressure to cut costs, US Airways chairman and chief executive officer Stephen Wolf has launched an 'efficiency programme' that includes the ending of jet services to nine US cities, the grounding of 22 aircraft, and consolidation in maintenance and ...
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The pros and cons of retiring at 65
Sir - The US Federal Aviation Administration has tried to increase the retirement age for US airline captains from 60 to 65, but its efforts were rejected by the self-interest of the US Airline Pilots Association (ALPA), which cannot be truly representative of experienced US pilots' views, as a high ...
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The pros and cons of retiring at 65
Sir - The US Federal Aviation Administration has tried to increase the retirement age for US airline captains from 60 to 65, but its efforts were rejected by the self-interest of the US Airline Pilots Association (ALPA), which cannot be truly representative of experienced US pilots' views, as a high ...
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News
Premier enters Malaysian regional market with 146s
The latest in a long line of new Malaysian start-up carriers, Premier Air, plans to launch charter services in September, equipped with two British Aerospace 146 regional jets. Premier general manager Selva Kumar says that the privately backed airline has already been granted an air-operator's certificate by the ...