Word: fleetness
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Walsh will have to push hard for growth in other markets to compensate for this hit. From next summer, BA plans to launch a new service between the U.S. and major business centers in Continental Europe, flying reconfigured 757s from its existing fleet. While he is guarded about the fine details, "getting a new airline up and running in a little over 12 months," as Walsh sees it, "is a great test of how quickly we can respond." And if things take off, he's even promising to share the acclaim...
...Canadian company. So Horizon grudgingly ordered 12 turboprops, and the airline hasn't looked back. "We found out very quickly that the Q400 was a completely different animal," says Pat Zachweija, until recently a top executive at Alaska Air Group. Horizon, with 33, has the most Q400s of any fleet in North America and expects to have 48--70% of its fleet--by 2009. "The economics were there," he says. "And as fuel goes up, we just look smarter and smarter." The Q400 might allow the regional to go up against low-cost, short-haul king Southwest and its fleet...
...million to $16 million apiece in a project it calls St. Andrews Grand. And on a bluff overlooking the town, billionaire developer Tim Blixseth is planning a course that will form part of an opulent time-share program, Yellowstone Club World, that gives members access, via a fleet of three private jets, to nine sites around the world, including St. Andrews. Membership starts at $3 million. The town's existing North American--owned luxury hotels--Kohler Co.'s Old Course Hotel, which owns the nearby Duke's Course, and the Fairmont St. Andrews--are both undergoing major renovations with...
...Teacher in Space program was a creature of NASA's arguably naive, 1980s belief that, with a fleet of sturdy shuttles, space flight could become a wonderfully routine thing. Former Utah Senator Jake Garn snagged himself a seat on one flight - never mind that he spent much of the mission so violently space sick that NASA wags informally added a whole new category, labeled "Garn," to the sliding scale used for diagnosing nausea in orbit. Then Congressman (now Senator) Bill Nelson of Florida spent six days in space aboard the shuttle Columbia in January of 1986, the same month Challenger...
...were doing good science at an arguably reasonable price, those risks would be worth taking. But it's doing almost no science at all at an exorbitant price - an estimated $100 billion a year - and will have no shuttles left to service it in 2010 when the shuttle fleet is scheduled to retire. NASA has been promising big payoffs from the ISS - advances in biomedical research, for example, and in materials manufacturing - since President Ronald Reagan first proposed it in 1984, and has never been able to deliver. Meanwhile, the shuttle Columbia claimed the lives of another seven astronauts...