Word: deltas
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Dates: during 2000-2009
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...Troop's Blue Platoon, dubbed the Dragoons, enters from the southeast along an artery code-named Route Corvette, into a predominantly Shi'ite neighborhood. Within 30 minutes, they come under sniper fire. A three-man sniper team from the élite Iraqi Counterterrorism Task Force (akin to the U.S. Delta Force), with a pair of U.S. special-forces liaisons, takes positions in front of the platoon, scanning for muzzle flashes, as an Abrams tank 50 yards up Corvette fires its 120-mm cannon at an insurgent mortar team, followed by a burst of .50-cal. machine-gun fire. A helicopter...
...business with five percent margins even in good years, the combination of bloated personnel costs, poor labor-management relations, high fuel prices and the rise of pesky low-fare, good-service airlines like Southwest have all helped drive the old legacy carriers into the red. Now two of them, Delta and Northwest, have declared bankruptcy; another, much smaller airline, Virginia-based Independence Air, may soon join them. Couple that with two other flyers, United and U.S. Airways, which have been languishing in Chapter 11 for years and you get a picture of an industry in crisis. Since 2000 the airlines...
...lawyers go along. That will eventually mean fewer carriers and slightly higher fares. There will almost certainly be more mergers like the one that is already underway between America West and US Airways. Southwest, which traditionally remains aloof from its peers, recently paired up with bankrupt ATA Airlines. Continental, Delta and Northwest already have joined up in other ways, so it is possible those three airlines could become one. American Airlines, which in the past has cooperated with Seattle-based Alaskan Airlines, may want to revive that partnership...
...main reason AirTran is prepared for the turbulence: like the better-known JetBlue, its focus has always been on cheap tickets, low costs and reliable service. It offers the only low-fare business class in the industry. As a result, AirTran has stolen market share from Delta at Atlanta's Hartsfield-Jackson International Airport--Delta's primary hub.Leonard and president Bob Fornaro built AirTran on the ashes of ValuJet, which suffered a fatal crash in the Florida Everglades in 1996. In 2003, when aircraft prices hit rock bottom, they made a decision that looks prophetic today: they ordered 100 fuel...
...subsidizing failed airlines. "As a nation, we are subsidizing failure on a grand scale ... And it needs to end," says Leonard. "There should be firm limits to bankrupt carriers' being allowed an almost never ending process of not paying their bills." But even if the government steps back and Delta and Northwest become significantly weaker, at least one serious rival is already moving in to pick up some slack. New York--based JetBlue, just five years old and the most successful low-fare start-up in history, will begin in November flying the Embraer 190--smaller planes that will allow...