Word: airlinese
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Security worries may soon fade, but charter operators are convinced that they'll keep most of their new customers. "Once they've tried it, they don't go back to commercial airlines," claims Michael Hyde, president of World Air Pass. Why not? Convenience, flexibility and efficiency. "It all comes down...
Re your article on shoe bomber Richard Reid [WORLD, Feb. 25]: The passengers of American Airlines Flight 63, on which Reid tried to set off a bomb, are lucky to be alive. If he had gone to the toilet to light the fuse protruding from his shoe, the world may...
Nonetheless, some of Andersen's most prestigious and loyal clients--including pharmaceutical giant Merck, mortgage agency Freddie Mac and Delta Airlines--are canceling contracts. "There's such a drumbeat of departures that it may trigger a flow of clients they can't stop," says Richard Ossoff, publisher of Auditor-Trak...
As a result of declining demand, U.S. airlines have parked or retired 350 planes, according to the Air Transport Association, the trade group representing major airlines. That means fewer flights to chose from. And the downturn in travel has left smaller airlines increasingly vulnerable to consolidation, further cutting the number...
Plane tickets are relatively cheap right now, in part because airlines are desperate to get people on board. Travelers' checkbooks also benefit from the low fuel costs airlines are currently enjoying. All this is likely to change over the next 12 months. Analysts expect to see pre-9/11 prices...