Word: airlinese
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Continental Airlines, based in Houston, offered Katrina evacuees one-way tickets anywhere in the country but 22-year-old Robin Miller and her family couldn't take the offer because they didn't all have valid IDs. Instead, the Miller family planned to take a Greyhound bus to Atlanta. As...
Five-year-old JetBlue has built its reputation on low fares, sassy advertising and Live TV on board-a feature that scared some passengers who watched their unfolding drama on news channels-and is one of the few airlines that has remained profitable since 9/11. But more important than the...
?TAXES They have to be made more rational. Congress has found the ultimate cash cow in the U.S. airlines, which pay 14 separate taxes. The Air Transport Association says the industry is going to lose $10 billion this year, but the government is taking $15.2 billion in special aviation...
?BAILOUTS The government and manufacturers have got to stop bailing out the weak at the expense of the strong. Keeping airlines on artificial life support is not a long-term benefit to anyone--and distorts the market. Additionally, government reform to allow mergers among carriers would help stabilize the...
While airlines are often their own worst enemy, by doing things like thwarting pension reform or holding out on needed fare increases, they can make progress with some enlightened government guidance. Let's forget the handout approach, and let them fight it out in a truly deregulated marketplace.