Word: hauls
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Dates: during 2000-2009
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That team ethic has helped the Hong Kong-based airline please both passengers and shareholders. Cathay's profit so far this year has surged 55%, built largely on a reputation for excellent service on international long-haul flights. Cathay isn't immune, however, from high fuel costs and competitive pricing. "All airlines are under pressure to reduce their cost base," Tyler says. But rather than relying on slashing amenities, as many airlines have done, Cathay has focused on "increasing the productivity of our people," he says. That means embracing the unabashedly corny team-building exercises that have fallen...
...alone, domestic airlines could spend as much as $340 billion for 3,400 new aircraft - nearly quadrupling the current fleet of about 1,000 - by 2026. There's also booming demand for smaller, so-called regional jets like the ARJ21, aircraft with fewer than 150 seats flown on short-haul domestic routes. At least 1,600 regional jets could be purchased between now and 2025, according to Canadian aircraft maker Bombardier. "There's never been more demand than right now," says Luo Ronghuai, president of AVIC I Commercial Aircraft Co. Ltd. (ACAC), which oversees the ARJ21 program...
Each year some 2,000 cetaceans are speared or bludgeoned to death in the waters near Taiji, accounting for nearly a tenth of the national haul. Some of the meat is consumed by humans. (No, it doesn't taste like chicken. Think gamier, chewier beef.) Some is used in pet food or animal feed. But much of it ends up frozen in the national whale-meat inventory, which contains thousands of tons of excess food...
...huge difference," he says, but his dream of a return to oyster's golden age - in the late 19th century when 100 million lbs. (more than 45,000 metric tons) of oysters were harvested from the Chesapeake every year, versus today's 250,000 lbs. (113 metric ton) haul - is a long ways...
...rocketing price of jet fuel has prompted the industry to rethink its jets- first strategy on short-haul routes (less than 500 miles, or about 800 km). Seattle-based regional carrier Horizon Air, owned by Alaska Air, was a hard sell on the Q400 until it couldn't get deliveries of the CRJ-700, a 70-seater regional jet, from the 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...