Word: avmark
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Some analysts figure the budget trend will continue. Those airlines can anticipate "ongoing steady growth," says Daniel Solon at the aviation consultancy Avmark, who feels the market is there to be captured. "Look at Southwest." That low-cost U.S. airline, which launched in 1971, has not had an annual loss for 28 years...
...determine whether factors at the center - the deactivation of a crucial warning system, the instructions issued to the Russian pilot less than 50 seconds before impact and Skyguide's sub-European-standard radar system - amount to negligence. Whatever the inquiry finds, notes Daniel Solon at the aviation consultancy Avmark, "this highlights the urgency for some integrated European system of control." Planes flying through Europe negotiate among more than 60 centers that divvy up airspace along national lines (vs. just 21 centers for all of the U.S.), a complex web that costs airlines ?10 billion a year in congestion and delays...
...overseas journeys, most customers are onboard within 15 minutes of their airport arrival. And if you wrap up your work early, or need to stay late, the airplane is ready when you are. "Reducing the hassle factor is a very important consideration," says Daniel Solon, an analyst at Avmark International, an aviation consultancy in London...
...conditions which have forced us to take very tough decisions," said BA?s chief executive Rod Eddington. Even before the terrorist attack, Merrill Lynch had forecast BA would earn $94 million this year. "Its breakup value is higher than its market capitalization currently," said Colin Hill, managing director of Avmark International, a commercial aviation consultancy. Even Virgin Atlantic said it was cutting 1,200 staff, its first retrenchment ever...
...some experts assert that a borrowing binge could slow the upgrading of airline fleets or lead to higher ticket prices. "Debt definitely makes it more difficult to modernize fleets," says Morten Beyer, chairman of Avmark Inc., an aviation consultant in Arlington...