Word: carriers
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Dates: during 2000-2009
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...switch, asserting that the New York license system would become “among the most secure in the country.” Special licenses that don’t require submission of proof of legal residency are not recognized at the federal level. They only allow the carrier to operate a vehicle safely.The three-tier system would have made local security smoother for law enforcement. As Sen. Clinton noted, officers with more records are able to identify dangerous motorists and discourage otherwise unlicensed drivers from fleeing the scene for fear of reprisal. The favorable arguments for state and national...
...were in merger talks was quashed with Delta CEO Richard Anderson's testimony before Congress on Thursday. Anderson said that he had not spoken with any high-ranking execs at United Airlines since September, when he returned to the airline industry upon taking the helm of the Atlanta-based carrier. The two airlines had already diffused rumors on Wednesday following afternoon spikes in their share prices...
...Delta, in fact, is clearly in favor of industry consolidation and has established a committee to review its options for a potential merger but says there are no discussions going on with any carrier at this time. But a source familiar with Delta who spoke on the condition of anonymity says that there has been ongoing talk at the company to work toward announcing a merger and submitting it for review to the Department of Justice before Christmas, because the company wants to take advantage of the current administration before potential changes in the DOJ and the Department of Transportation...
...Airlines have more than enough reasons to follow suit. Jet fuel costs have gone up 38% since spring 2006. Airline profit margins, which used to range between 5% and 7%, are now down to 2%. Merging with another carrier would allow an airline to reevaluate its hubs, reduce overlap in routes, perhaps even cut back on regional flying and decrease capacity in the industry overall. But there are always obstacles. "The two speed bumps to anything are always regulatory issues and labor issues," says Swelbar. He says Delta's "non union environment" might make workforce integration easier for the airline...
...September flights, AirAsia countered with a 29 fare. Fernandes advertised the promotion with his usual flair. Ads showing two beautiful flight attendants draped over a subdued tiger boasted, "AirAsia tames even the wildest tiger." Udom Tantiprasongchai, chief executive of Orient Thai Airlines, says fierce competition from AirAsia and flag carrier Thai Airways forced him to slash the fare on his One-Two-Go budget service from Bangkok to Chiang Mai to less than $25, about 30% lower than he had planned. At that price, he admitted, he lost money. But Udom has wreaked revenge. He says he routinely employs...