Word: aircrafting
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...linkups. "Everyone else is now trying to follow. Some airlines are actually seeking to replicate it to the smallest details," says Yan Derocles, an analyst with Paris brokerage Oddo Securities. "It's got virtually the entire world covered and has the size and reach to be able to shift aircraft to fast-growing routes wherever they are. That leaves Air France--KLM in a pretty commanding position for the coming years...
...France the stability needed to close the gap with competitors that had been restructuring and modernizing since the early 1990s. Ironically, Air France began its overhaul just as business began to pick up. So the company is in the midst of a renewal of its fleet of 254 aircraft--including cabin overhauls--without taking on massive debt. It has spent $5.2 billion to put 85 new aircraft into service in the past five years, with an additional 22 on order, including 10 Airbus 380s...
...computers, as well as washing machines and other household appliances - fell more than forecast last month, the Commerce Department announced, a sign of ongoing weakness in manufacturing. The 7.8% decline was the biggest since October. Another important indicator of business spending, orders for nondefense capital goods not including aircraft, fell 6%, the third drop in four months...
...number of the Founders were struck at how open Branson and the legendary aircraft designer Burt Rutan have been, inviting them to Rutan's closed shop out in the Mojave Desert, to the Virgin Galactic launch in New York, and yes, to Branson's private island. "Richard can carry on research until 2012 as far as I'm concerned. It's such fun," says John Goodwin, a 62-year-old retired candy wholesaler from England, who talked while his fellow travelers played tennis in the rain. Goodwin had visited Rutan's workshop. "There he is, answering your questions...
Catering to premium-class travelers is not new. Lufthansa, Swiss, KLM, Alitalia and others have flown smaller aircraft for that purpose on trade routes such as Stuttgart to Detroit. What's new is the leap by private investors into the transatlantic market. They are raising capital, buying planes and negotiating for airport slots--and it's starting to look like a trend. L'Avion began service between Paris and New York City on Jan. 3; Silverjet launched its single route between New York and London...