All Strategy articles – Page 732
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ACE fortifies Air Canada
ACE Aviation, Air Canada’s holding company, is pondering whether to sell all or part of the airline to stimulate its market value and ward off a possible takeover.
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BA in price-fixing probe
British Airways has suspended two senior executives after UK and US competition authorities launched an investigation into alleged price fixing involving fuel surcharges.
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A glimmer of blue in Open Skies
Open Skies supporters on both sides of the Atlantic say they can reach agreement by early next year despite publicity-grabbing manoeuvres in the US Congress to scuttle the initiative.
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Cathay breaks down Chinese walls
Hong Kong’s Cathay Pacific Airways is finally getting access to the growing Chinese market through a multi-billion-dollar cross-shareholding deal with flag carrier Air China.
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Legacy carriers feel profit pressure
Sky high fuel costs and the relentless march of the low-cost competition continue to erode the profits of Europe’s legacy carriers.
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NewsVijay Mallya, chairman UB Group: High life
Vijay Mallya, flamboyant chairman of India’s UB Group, has full-service operator Jet Airways in his sights as he aims to establish his fledgling Kingfisher Airlines as the country’s number one
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Concerted drive for savings
Cost-cutting efforts are being stepped up at most major Asia-Pacific airlines as profits are generally falling across the board amid a progressive fading of fuel hedging benefits.
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MAS takes radical steps to downsize
Malaysia Airlines (MAS) has begun the delicate task of reducing the size of its workforce by around 30%.
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The Great Wall falls
The acquisition of Dragonair by Cathay Pacific Airways, where Air China is also buying into Cathay, is sending tremors around the region. The deal, which sets free a market artificially restrained for years, is set to radically change the balance of air power
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Love Field war is over
The battle of Love Field, the close-in Dallas airport that is the home base of Southwest Airlines, is ending, but with little love lost.
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The heat is on
US carriers continue to target the Caribbean, carrying both tourist and ethnic traffic to the islands, while local carriers are reinventing themselves, eager to snap up the onward traffic