All Strategy articles – Page 1164
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News
BA set to buy FANS-1 for 747-400s
BRITISH AIRWAYS IS expected to order Future Air Navigation System-1 (FANS-1) avionics for its Boeing 747-400 fleet, following an agreement with Russia over the opening up of new over-flight routes. A board-level decision by BA is due this month. The first two new routes over Russia will enable ...
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CNAC negotiates 737 lease for Hong Kong start-up
CHINA NATIONAL Aviation (CNAC) is understood to be close to finalising an agreement with General Electric Capital Aviation Services (GECAS) to lease a Boeing 737-500 for its planned Hong Kong airline The start-up carrier, to be named China Hongkong Airlines, plans to dry-lease the 737 for five years. ...
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Lufthansa returns Business Air stake after one year
LUFTHANSA HAS AGREED to sell back its 38% stake in UK regional carrier Business Air, less than a year after it acquired the holding. Long-standing partner Crossair is also divesting its 38% stake. Business Air's founding chairman, Ian Woodley, says that he wanted to buy back the shares ...
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Pan Am plans to rise from the ashes
MARTIN SHUGRUE, the ex-chief operating officer of Pan American World Airways, plans to relaunch the airline. Shugrue and former US Undersecretary of Commerce, for Travel and Tourism Charles Cobb have lined up $30 million in start-up capital from a consortium of investors. The airline, the world's most illustrious ...
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America West
America West Airlines, of Phoenix, Arizona, has named Stephen Johnson senior vice-president of legal affairs. Johnson, who has been with America West since 1995, was formerly senior vice-president and general counsel for Irish leasing company GPA Group of Shannon. Bernard Han becomes vice-president of financial planning and analysis. He was ...
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Loss of confidence threatens Canadian
COST-CUTTING labour agreements signed in 1995 by Canadian Airlines International are in jeopardy, with the carrier's largest union demanding the resignation of chief executive Kevin Jenkins. David Park, president of the 5,300-strong machinists union, claims that members have lost confidence in Jenkins. Park says that a large number ...
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In-trail-climb testing inadequate
Sir - In the article "New members join in-trail-climb club" (Flight International, 6-12 December, 1995, P16), Ken Peppard of the US Federal Aviation Administration is quoted as saying that "...pilots, controller and ARINC operators feel comfortable with the procedure". The US Airline Pilots' Association (ALPA) believes this to be an ...
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Markets ripe for picking
In your article 'Going to the market' (Airline Business, December) you are correct to say that airport marketing is coming of age. Through computer analysis, airports can not only use the traditional methods you discussed, they are also able to evaluate: * Which flag carriers to focus upon ...
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Appointments
British Airways has announced a major management reshuffle. Alistair Cummings becomes chief operating officer and director of profit development and is replaced as managing director British Airways Engineering by Clive Mason. Charles Gurassa becomes director of passenger business, David Holmes assumes the post of director corporate resources and Roger Maynard ...
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95 at a glance
Mark Odell recaps on the highlights of 1995, from the usual share of startups, failures and major equity transactions to commission caps and open skies. January The French government partially opens Paris/Orly to intra-European traffic after complaints to the European Commission from Lufthansa, KLM, SAS and Lauda Air. The new ...
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No state aid means yes
For once the European Commission is to be congratulated on its political juggling over the Spanish request to recapitalise struggling Iberia, although the carrier's continued control of two Latin American carriers has raised a few eyebrows. Avoiding the minefield of the 'one time, last time' tenet of state ...
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One law for all
Manufacturers and financiers are drafting proposed uniform rules on aircraft security interests and leases that could lead to lower capital costs for airlines worldwide. But will they be adopted soon enough to be of help? David Knibb reports.Lower credit costs for airlines are the aim of an international effort now ...
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Latin America
Now that the process of privatising the airlines in Latin America and the Caribbean is complete, the next logical step is consolidation. Most Latin carriers are small by world standards, all are highly dependent on their home country markets, and many have weak balance sheets. The heavy losses of the ...
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Tokyo mixes its approach
No one is more baffled by the Ministry of Transport's plans for a third Tokyo airport than local government and civic leaders. Not that they oppose another airport, but they are wondering whether the MOT has levelled with them, or if it is incapable of following a coherent airport strategy. ...
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Asia-Pacific
The Asia-Pacific region continues to maintain its flagship role at the sharp end of global air travel recovery. Double-digit growth is again forecast through 1996, bringing further financial gains for regional operators and benefits for major airlines operating into the area from elsewhere. There will, however, be dramatically ...
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Beaming into new system
Our institute has been conducting extensive research on airline revenue management for the past three years, and parts of your article 'A system approach' (Airline Business, January) seem to be based on false assumptions. Our first concern is the quoted 1 per cent increase in airline revenues. While there is ...
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Unions face Wolf's bite
USAir's surprise appointment of former UAL chief Stephen Wolf to its helm could further exacerbate an already fragile situation with its unions. The new USAir chairman and chief executive, renowned for his hard-line stance towards unions, now faces labour groups deeply mistrustful of management. One labour leader at ...
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Uncertainty wins the casting vote
Some airlines are viewing the spate of elections this year with trepidation.Even in parts of the world where airlines are privately owned and have the commercial freedoms associated with deregulation, they remain uniquely susceptible to the political environment in which they must operate. Small wonder that the prospect of a ...
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China ties start to fray
The once-strong links between Cathay Pacific and China are unravelling, fueling concerns over the unofficial flag carrier's status after the return of Hong Kong to Chinese rule next year. Cathay has withdrawn from its joint venture in southeast China to develop Xiamen airport, a project once touted as ...
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Job cuts could hit companies hard
America West Airlines laid off 500 machinists in December following a 736-person cutback last March. As part of its dramatic cost-cutting campaign began, Delta Air Lines let go of more than 3,000 workers. In 1995 alone, Continental Airlines dropped 5,000 jobs from its roster. What is happening? Long attributed ...