More turbulence ahead

Article Abstract:

The vulnerability of Ansett Australia Airlines to the Asian financial crisis forces its chairman to be prepared to change plans on short notice. Rod Eddington was brought to Australia in early 1997 to take charge of the flagging group and make it profitable. He was managing director in Hong Kong of Cathay Pacific. Ansett has trimmed services to Malaysia and stopped service to South Korea and might but back elsewhere. Strategic alliances are important under those circumstances, and Ansett has one with Air New Zealand. The airline is working closely with United Airlines and Singapore Airlines, too.

Management, Ansett Airlines of Australia

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Qantas in a quandary

Article Abstract:

Qantas Airways Ltd. struggles with the decision over whether it should add new or used aircraft to its fleet. The company's fluctuating stock in 1997 has management concerned about the decision's effect on the share price. Analysts project a fall in the stock and have issued a warning on the Australian airline's outlook.

Planning, Qantas Airways Ltd.

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Bizjet setters

Article Abstract:

Business jet planes were once seen as toys for the wealthy, but they have many benefits for companies. In 2001 as business becomes more global the cost of a company jet can be cheaper than commercial flights.

Economic aspects, Travel, Businessmen, Jet airplanes, Jet planes

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