Word: airlinese
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DIED. ALBERT CASEY, 84, former American Airlines CEO; in Dallas. After working in the railroad industry and as head of the Times Mirror media company, he took over American in 1974, when airlines faced deregulation, climbing debt and higher fuel prices. When he left the company 10 years later, annual...
DIED. LAURANCE ROCKEFELLER, 94, one of five grandsons of oil baron John D. Rockefeller, who made his mark as a philanthropist, venture capitalist and conservationist; in New York City. Among his prominent siblings, he was a reserved visionary; a pioneer in the new field of venture capitalism, who helped Captain...
Tourists are on the move again--and the beleaguered travel industry is breathing a sigh of relief. According to a report by the International Air Traffic Association (IATA) released last month, global air-traffic levels in the first five months of this year have been 8.8% above those of 2000...
ASIA AVIATION: Budget airlines are changing the way Asians fly
The rivalry among no-frills flyers is already getting brutal. Udom Tantiprasongchai, chief executive of Orient Thai Airlines, says fierce competition from AirAsia and flag carrier Thai Airways has forced him to slash the fare on his One-Two-Go budget service from Bangkok to Chiang Mai to less than...