All Strategy articles – Page 1196
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Aeroflot looks West for its fleet renewal
Paul Duffy/MOSCOW AEROFLOT-RUSSIAN International Airlines (ARIA) has confirmed plans to lease further Western aircraft until upgraded Russian aircraft become available. Replacement of ARIA's 116-strong fleet of ageing and fuel-inefficient aircraft is a priority, acknowledges airline chief executive Vladimir Tikhonov, giving his report on the airline's performance ...
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Providing the answers
The causes of accidents are often not found because of inadequate flight-data recorders. Guy Norris/LOS ANGELES The United Airlines Boeing 737-200 which rolled on its back and crashed for no apparent reason on the approach to Colorado Springs in March 1991 carried a six-parameter ...
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ARIA faces privatisation
Paul Duffy/MOSCOW PRIVATISATION AND fleet renewal remain at the top of the agenda for Aeroflot-Russian International Airlines (ARIA), says chief executive Vladimir Tikhonov. He adds that the first step in the privatisation process will take place shortly with the issue of shares to airline's staff. Employees ...
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PWA scales back profit forecast
PWA, THE PARENT OF Canadian Airlines, has scaled down profit forecasts for this year, following a higher-than-expected net loss for 1994. The group still expects to swing back to a net profit in 1995, but warns that this is likely to be in the region of C$52 million ...
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Canada will introduce charges for overflights
THE CANADIAN Government is to introduce overflight charges to airlines using its airspace, as part of a restructuring in advance of the privatisation of its Air Navigation System (ANS). The Government confirms that it will privatise its C$800 million ($575 million)-a-year ANS when it releases its plans for ...
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Ukraine International looks for European equity share
UKRAINE International Airlines (UIA) is in advanced talks with the European Bank for Reconstruction and Development (EBRD) and three foreign airlines over the possible sale of up to one-quarter of the carrier. Deputy president Dick Creagh says that the airline, 11.3%-owned by lessor GPA, with the rest held ...
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Swissair in regional/charter shake-up
Andrzej Jeziorski/MUNICH SWISSAIR HAS HANDED over its regional-jet operations to its Crossair subsidiary. In a second strategic move, Swissair and Crossair will absorb the loss-making charter flights of Balair/CTA - effectively ending the latter's operations. Both moves are aimed at cutting costs and restoring group profitability. By the ...
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Appointments
Ian Shiu has been named as general manager marketing and sales at Dragonair. Tom Davenport has been appointed to head up the Pratt & Whitney and MTU mid-thrust family engine project. Edmond Soliday has been named as United's vice president corporate safety and security. ...
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United Thai up
United Airlines and Thai Airways International have linked their frequent flyer programmes, but a fully fledged alliance is still dependent on settling the stalled US-Thai bilateral. Source: Airline Business
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Sizing up all the options
I agree with the basic message of 'Stop Downsizing' by Scott Brandt (Airline Business, October 1995). No significant improvement in the maintenance cost structure has been accomplished - not only over the last five years but in the last 25 years!Bearing in mind that the major ...
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Alaskan shift
Alaska Air Group has appointed John F Kelly as chairman, president and chief executive. He will hold the same post at Alaska Airlines and continue as chief operating officer of the carrier. Kelly, who also takes up the chairman's role at Horizon Air Industries, replaces Raymond Vecci. ...
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El Al at last
El Al has emerged from bankruptcy after more than a decade, leaving new chairman, Joseph Chiehanover, to appoint a board and guide the carrier to privatisation. Source: Airline Business
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Africa's new note of hope
Africa's newest carrier, Alliance, starts operations in March heralding a new era of cooperation in the continent's aviation industry. A joint venture between South African Airways and the national airlines and governments of Tanzania and Uganda, Alliance will start by operating charters for SAA. On 1 July it ...
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Strong yen aids surge in JLL deals
The Japanese leveraged lease looks certain to stabilise into a more mature product, helped by cautious equity investors. Report by Tom Ballantyne. When aircraft deliveries finally begin to pick up speed over the coming years the Japanese leveraged lease should have evolved into a stable, more mature product. ...
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Air New Zealand boosts profits
AIR NEW ZEALAND (ANZ) boosted profits in its first half-year, despite continuing problems with its domestic Boeing 737 fleet and a rapid expansion of capacity on international routes. The New Zealand carrier managed to raise net profits by nearly 60%, to more than NZ$140 million ($89 million) ...
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Airline news
Air Canada will commence its first Middle Eastern service with a twice weekly flight from Toronto to Tel Aviv from 20 June. Northwest is to launch a Detroit-London/Gatwick service at the beginning of March. The carrier has purchased the route from Delta, in a deal awaiting US government ...
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Job shake-up heralds more change at Alenia
Kevin O'Toole/LONDON A FURTHER ROUND of restructuring is expected at Alenia following a shake-up of the top jobs at the Italian aerospace group by its parent Finmeccanica. Giorgi Zappa has been appointed to head Alenia, while joint presidents Fausto Cereti and Enrico Gimelli will move ...
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US launches the anti-trust debate
With the formal offer of open skies by the US to nine smaller European countries, the cross-border code-sharing alliance has changed from an airline marketing tool into a bilateral right that symbolises complete air service liberalisation. This is what US transportation officials have wanted. But as representatives of the ...
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Aria takes assets back
As Aeroflot Russian International Airlines (Aria) prepares to transfer 49 per cent of its stock to employees, the carrier has averted the danger of a break up of its international operations. But while the privatisation plan has been approved, it is unclear when it will be implemented. Under ...
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Belgium holds bilateral talks with USA
Kevin O'Toole/LONDON BELGIUM AND the USA met on 28 February to finalise the latest transatlantic open-skies agreement, so dealing another blow to European attempts to develop a common response to the US bilaterals offensive. A Belgium deal would also allow Delta Airlines, Sabena and Swissair ...