All Strategy articles – Page 1199
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News
Air Inter springs profit surprise
FRENCH DOMESTIC airline Air Inter unexpectedly recorded a profit during 1994, the first positive result for four years. On a turnover of Fr11.74 billion ($2.24 billion), the airline made a Fr21 million profit, when a loss of around Fr100 million had been predicted. The improved figures were because ...
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Gill Air
The team which has just taken over UK regional airline Gill Air (Flight International, 1-7 February, P16) have a wealth of experience in the UK air-transport business. Managing director Trefor Jones (left), like finance director Mike Robinson (right), came from Jersey European Airways. Before that, however, Jones had been director ...
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US airlines remain in the red
Kevin O'Toole/LONDON THE US AIRLINE industry again failed to produce the long-awaited return to profitability in 1994 as carriers paid for their latest round of restructuring. Two airlines, USAir and Continental Airlines, have warned of further job losses and aircraft deferrals to come. With most of ...
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US airlines remain in the red
Kevin O'Toole/LONDON THE US AIRLINE industry again failed to produce the long-awaited return to profitability in 1994 as carriers paid for their latest round of restructuring. Two airlines, USAir and Continental Airlines, have warned of further job losses and aircraft deferrals to come. With most ...
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Swissair runs into turbulence over Sabena alliance
FURTHER controversy has blown up around Swissair's alliance talks with Sabena, following the disclosure that the Swiss carrier is planning to make a revised offer which will include a call for "substantial" Belgian Government help in recapitalising its national carrier. "Swissair will formulate a new offer later this ...
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Swissair runs into turbulence over Sabena alliance
FURTHER controversy has blown up around Swissair's alliance talks with Sabena, following the disclosure that the Swiss carrier is planning to make a revised offer which will include a call for "substantial" Belgian Government help in recapitalising its national carrier. "Swissair will formulate a new offer later this ...
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Delta/Virgin code-share approved
Graham Warwick/ATLANTA THE US DEPARTMENT of Transportation (DoT) has approved Delta Air Lines' space/code-sharing deal with Virgin Atlantic Airways, for which Delta first applied in April 1994. The agreement will give Atlanta, Georgia-based Delta its first access to London Heathrow through seat blocks purchased on Virgin ...
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Delta/Virgin code-share approved
Graham Warwick/ATLANTA THE US DEPARTMENT of Transportation (DoT) has approved Delta Airlines' space/code-sharing deal with Virgin Atlantic Airways, for which Delta first applied in April 1994. The agreement will give Atlanta, Georgia-based Delta its first access to London Heathrow through seat blocks purchased on Virgin ...
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Cambodian ex-minister attacks creation of RAC
Paul Lewis/SINGAPORE CAMBODIA'S RECENTLY concluded joint-venture agreement with Malaysian Helicopter Services (MHS) to relaunch Royal Air Cambodge (RAC), has been attacked as unconstitutional by the country's former finance minister Sam Rainsy. He claims that the deal, giving MHS a 40% stake and virtual operational control of ...
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Cambodian ex-minister attacks creation of RAC
Paul Lewis/SINGAPORE CAMBODIA'S RECENTLY concluded joint-venture agreement with Malaysian Helicopter Services (MHS) to relaunch Royal Air Cambodge (RAC), has been attacked as unconstitutional by the country's former finance minister Sam Rainsy. He claims that the deal, giving MHS a 40% stake and virtual operational control ...
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Questions of cash
Signs of recovery in the airline market may be encouraging talk of a future boom in aircraft ordering, but the industry still has to tackle the ticklish question of where the cash will come from. Even on conservative estimates of aircraft deliveries, the sums involved will be vast. ...
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FlightSafety sets up pilot school in China
FLIGHTSAFETY International is to establish an airline training centre in Kunming, south-west China, in a joint venture with Xingyun's Yunnan Tobacco Group. Kunming FlightSafety Aviation Training is expected to be operational in the fourth quarter of 1996, equipped with Boeing 737 and 757/767 flight simulators. FlightSafety, which will ...
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FlightSafety sets up pilot school in China
FLIGHTSAFETY International is to establish, an airline training centre in Kunming, southwest China, in a joint venture with Xingyun's Yunnan Tobacco Group. Kunming FlightSafety Aviation Training is expected to be operational in the fourth quarter of 1996, equipped with Boeing 737 and 757/767 flight simulators. FlightSafety, which will ...
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News
Continental Cuts
Continental Airlines cut its average daily departures, from 2,283 to 2,115 on 10 January, in line with previously announced capacity cuts aimed at saving $150 million a year. The cuts included commuter division Continental Express and low-cost operation Continental Lite. Source: Flight International
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Finnair share oversubscription restores optimism
THE LEVEL OF interest in the Finnair share issue has fuelled optimism that investors are regaining confidence in Europe's airline market. The state-controlled Finnish carrier reveals that the issue was more than twice oversubscribed and says that it has raised the volume of shares on offer to the ...
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Finnair share oversubscription restores optimism
THE LEVEL OF interest in the Finnair share issue has fuelled optimism that investors are regaining confidence in Europe's airline market. The state-controlled Finnish carrier reveals that the issue was more than twice oversubscribed and says that it has raised the volume of shares on offer to the ...
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Qantas
Peter Roennfeldt has been appointed regional general manager UK and Ireland for Australian national airline Qantas. Roennfeldt, who replaces Wayne Pearce, was previously country manager in South Africa. Pearce has returned to Qantas head office in Sydney as general manager for revenue development. ...
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Appointments
James Wey has been appointed junior vice president Europe for Taiwan's Eva Air. Rono Dutta has been appointed United Airline's senior vice president planning following the departure of Rakesh Gangwal to Air France; James Hartigan Jr becomes vice president cargo. Daniele De Giovanni has been named ...
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Thai's new chief
Thai Airways has appointed Amaret Sila-on as chairman. He is a non-military appointee with wide ranging commercial and governmental experience. Source: Airline Business
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TWA clarifies its Airbus A330 order
TRANS WORLD AIRLINES (TWA) has clarified plans for its outstanding order for Rolls-Royce Trent-powered Airbus A330s, which it had previously indicated would be cancelled under its planned financial restructuring (Flight International, 18-24 January, P8). The airline says, that the agreement for ten firm and ten option A330s remains ...