Word: carriere
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First, Iraqi troops annexed the country whose flag the airline carries. Then they seized 15 of the carrier's 23 jetliners. But even though it can no longer land at home, the plucky little carrier has managed to continue operating up and down the gulf, right under Saddam's nose. Last week Kuwait Airways announced that starting next month, it will offer transatlantic service from New York City to London, Cairo, Bahrain and Bombay. Said ads in the New York Times and several Middle East newspapers: "Until we're able to welcome you to Kuwait, welcome aboard...
...airline, staying in business is a gesture of defiance. As Kuwait's flag carrier, it represents a continuing national presence abroad even as Saddam's army attempts to obliterate the country's identity. When Iraqi troops crossed the border, eight Kuwait Airways jets (four 747s, three 727s and a 767) and more than half the carrier's 5,500 employees were abroad, scattered from London to Bangkok. Managers set up temporary headquarters in Cairo, contacted enough employees to crew their remaining jets and pressed ahead with flights to Jidda, Dubai and Bahrain...
Eastern is trying to survive by offering upscale service at coach prices. Since September, Eastern has managed to fill some empty seats by offering free upgrades to first class, but that is not enough to steer it out of bankruptcy. Besides losses of $1 million a day, the carrier has been socked lately with an additional $1 million in daily fuel costs...
Continental was particularly ill-prepared to weather the downturn. The carrier accumulated more than $2 billion in long-term debt in the process of building itself into one of the five largest U.S. carriers. Rival carrier Delta confirmed last week that it may buy some of Continental's assets. At TWA, market share has slipped from about 10% in 1985 to 8% currently. Since TWA boss Carl Icahn failed to move quickly enough to replace his aging aircraft, the airline is stuck with a fleet that is particularly thirsty and costly. New Boeing and McDonnell Douglas passenger jets...
...Florida, Nicaraguan exiles are urging their countrymen to boycott the new air carrier. "They have stolen money that was supposed to go to the Nicaraguan people," protested Francisco Ortega, president of the Nicaraguan Chamber of Commerce in Miami. It may prove difficult for this example of Sandinista enterprise...