All Strategy articles – Page 1156
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News
Urgency mounts for Alitalia state cash as losses grow
Kevin O'Toole/LONDON THE FULL EXTENT of Alitalia's losing battle with its massive debts became clear as the group revealed further losses for 1995. The extent of the deficit makes an injection of fresh capital essential if the airline is to continue operating. Although the group's headline loss was held to ...
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All a matter of control
We were very interested in the article 'Planners in control' (Airline Business, April). Our research institute has recognised the inefficiency of financial tools for correcting errors in an airline's processes, and in 1994 we released our Business Economics Assessment Method (Beam) process control method. We believe this is the new ...
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Latin American lead
Increasingly creative financial mechanisms and new products that insure against political and contractual risks, are providing incentives for private sector investment in Latin American and Caribbean airports. By Ellis Juan.As the air transport sector continues its rapid expansion in an increasingly globalised economy, the entry of fast-growing new participants like ...
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Ansett's Kiwi jaunt drags
Rupert Murdoch's News Corp is considering a total takeover of Ansett New Zealand in a final bid to remove obstacles to the proposed merger of Air New Zealand and Australian domestic Ansett. Severing the controlling link between Ansett Australia and Ansett New Zealand appears to be the only ...
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Regionals will challenge Dusseldorf ban in court
Gunter Endres/LONDON A DECISION BY Dusseldorf Airport to ban all turboprop flights, irrespective of size, has caused a furore among the dozen regional airlines affected by the decision, announced on 16 April. Some airlines, have applied for an injunction and are expected to be heard by ...
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Bhoja commuter network is close
PAKISTANI CARRIER Bhoja Air, is close to establishing the country's first commuter network, with negotiations to acquire three 50- to 60-seat turboprop aircraft about to be completed, says deputy managing director Syed Hasan. Bhoja Air proposes to base the aircraft in the Punjab and to develop much-needed air ...
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Big four split over labour
In their talks with labour unions, four US majors are achieving widely divergent results. FedEx and Delta have resolved protracted negotiations with their pilots. However, American Airlines is still deadlocked with its pilots after almost two years of talks. United Airlines' flight attendants have narrowly defeated a new contract with ...
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CLK ponders runway two
Forecasters are about to release new traffic estimates that could dictate whether Hong Kong accelerates work on a second Chek Lap Kok runway, which would strengthen its claim as an international hub, as the geopolitical transition now underway in the region begins to undermine its role as the gateway to ...
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Europe's cost crisis
What does it take to ensure the start up of a profitable low-cost carrier in Europe? Hugh Parry looks at the pitfalls and compares the cost of operating in Europe to what is on offer in the US.Imagine an airline based at London/Heathrow flying to Paris 15 times a ...
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Dealing in Deutsche marks
The German tax lease market is growing, and providing an important source of aircraft funds, but there are fears that any liberties taken with structures could lead to tighter regulation by the tax authorities. Trevor French reports.It doesn't often happen that the arcane world of aircraft finance hits the front ...
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Startup hits Denver hub
After an astounding growth spurt, US startup Western Pacific Airlines is slowing down to consolidate its network spanning 19 cities centred on Colorado Springs, up from five cities when service began a year ago. Though not yet profitable, the airline has boarded 1 million passengers since its first flight, and ...
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Dragon fires HK struggle
Dragonair has become the pawn in a struggle between two Chinese companies for dominance in Hong Kong after the transfer of power in July 1997. China National Aviation Corp (CNAC) has the initial advantage with plans to start its own operation in the UK colony by June. But ...
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US smarts at Euro success
The European aerospace industry is flexing its muscles in the wake of the Fokker collapse with an apparent double success in China and the emergence of a real challenge to the monopoly of the B747. Equally significant, the Dutch manufacturer may yet see in 1997, as it continues the search ...
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Sparks fly in India pay row
Air India is facing further disruption to its services as ground engineers vow to continue their walkout action in a bid to put their salaries on a level with pilots and flight engineers, while management is retaliating by threatening a lockout at the flag carrier. A strike call ...
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Food for thought
Cost-cutting and branding are the mantras of today's airline managers and nowhere are the two more entwined than in the catering product - one of the main elements of inflight service that governs customer loyalty. By Mark Odell. In the dual battle for profitability and greater competitiveness the drive for ...
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Mixed fortunes
Last year, the 100 largest regional airlines in the world carried 124 million passengers, employed 87,000 people, and flew 2,700 jet and turboprop aircraft. Only just over half provided revenue figures and even fewer divulged profits, but among those that did report financial figures, revenues grew 14.8 per cent to ...
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Quite Improper
DUSSELDORF AIRPORT'S attempt to ban all flights by turboprop airliners is embodiment of the worst fears of the world's regional airlines. The airlines immediately affected by the ban will, rightly, do everything to have it overturned. They should be, supported by all their regional allies around the world, but they ...
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No room at the inn?
Continued capacity constraints at London/Heathrow have long dictated the US position in liberalisation talks with the UK. Now the physical limits have reached the point where other European hubs threaten to siphon North Atlantic traffic away from Heathrow. By Mead Jennings. TWA, which sold its right to fly to ...
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USAir lags in profit stakes
DESPITE THE RECORD profits flowing elsewhere in the US airline industry, USAir slipped back into losses during the first quarter, again highlighting the carrier's need to cut back its high-cost base. Although USAir's $32 million net loss is markedly down on the heavy losses which the group was ...
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Sale to new World order
In a bid to get out of the airline business, WorldCorp is hoping to sell its 59 per cent stake in World Airways and concentrate on its computer business. 'Our parent company has basically taken the lead of its main shareholder group [which wants] to position WorldCorp as ...