Word: carriers
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Dates: during 2000-2009
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...same time that Salmonella poisoning hit Winthrop, investigators finally found the carrier for Salmonella at the Freshman Union...
Thanks in part to such sessions, American Airlines is coming back from the brink. In the aftermath of 9/11, when two of its planes went down, American suffered from a collapse in air travel, two wars, a rotten economy, the outbreak of SARS and the rise of low-cost carriers--all of which conspired to put the airline on the verge of bankruptcy in April 2003. What's more, employees were in open revolt after they discovered that CEO Don Carty had secretly handed out retention bonuses and pension guarantees to executives, even as he was negotiating $1.8 billion...
...carve out savings, Arpey says he shamelessly borrowed ideas from competitors. He reversed his predecessor's policy of expanding legroom, adding seats in one-fourth of the fleet so American could cut fares even further. Emulating low-cost carrier Southwest, American is simplifying its fleet, from 14 types of planes to six by September. Picking up on an idea from TWA, which American bought in 2001, pilots suggested taxiing on one engine instead of two to save fuel. Not all the changes were bloodless. The company's 10,500 pilots agreed to the biggest layoff in airline history...
While American's turnaround has surprised skeptics, the long-term survival of such old-line carriers is still an open question. No-frills carriers, once just 8% of the U.S. market, now grab about 25% and compete with American on 8 out of every 10 routes the airline flies. Last week vintage carrier U.S. Airways said it may have to consider its second bankruptcy filing in two years, while United Airlines is still waiting to hear if the government will guarantee a $1.6 billion loan. Delta and its pilots' union are headed for a dustup that could roil the company...
CHRISTOPH FRANZ High Flyer Swiss International Air Lines, successor to the defunct Swissair, has been flying low since it took off in 2002. The unprofitable carrier is seeking to get lift from its new CEO, Franz, 44, who most recently worked at the German railway Deutsche Bahn. But it was Franz's track record at Lufthansa that put him in the Swiss pilot's seat. In the early 1990s, Franz helped then CEO Jurgen Weber free the German carrier from high labor costs and years of losses. Lufthansa tried and failed to grab Swiss late last year...