The airline industry continues to be plagued by spiraling costs, making cost-cutting a necessary survival tool. One sure method for airlines to realize cost savings is by increasing the use of electronic ticketing and phasing out paper tickets. Electronic ticketing not only cuts distribution costs, it also reduces back-office accounting...
Airline pricing is one of the mysteries of our generation. The airline industry refers to its pricing game as "yield management." This means prices on the same plane can fluctuate wildly based on available seats at the time of purchase. Yield management is a form of price discrimination that allows...
The paper acknowledge that the key to success in the new e-business environment and overall improved efficiency comes with improved forecasting techniques, logistics resource optimization and greater revenue selectivity made possible by sound back office systems based on on-line centralized data. The advent of the internet makes it possible to...
American's Pilot Fighting for Compensation Restoration Once AgainRE: American's Pilot Fighting for Compensation Restoration Once AgainCrank said..." The thing that's really just amazing here is that the laws of supply and demand show that when fares go up, demand goes down. So, what happens when demand goes down? The pilots...
The big question Why are we asking this now? Because the aviation industry is suffering badly at the moment. Financially, it is in for a very difficult winter. High fuel prices have bitten hard, while cash-strapped consumers are expected to travel by air...
DALLAS -- Southwest Airlines Co., which had resisted the kinds of capacity cuts being made by other carriers, will eliminate nearly 200 flights early next year as it struggles with high fuel costs and a weakening economy. The move raised doubts about the company's publicly stated goal...
Southwest Airlines, which grew at double-digit rates for years, will downshift into slow reverse this January. The USA's leading discounter and most profitable airline said Tuesday that it will remove 196 daily flights from its schedule on Jan.11. It also will add six new flights, bringing...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Air New Zealand has reported a 24% decline in earnings for the 12 months ended 30 June 2008. The airline recorded normalised earnings before unusual items and taxation of USD197m for the year, while operating revenue increased 9.1% to a...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Virgin America announced on 25 August that it has teamed up with HBO for the launch of its new non-stop New York to Las Vegas service which will start on 5 September. The service will operate between John F. Kennedy...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Tealeaf, a software house providing business analysis systems, has reported that the Las Vegas based travel agency Allegiant Travel Company (NasdaqNM: ALGT) has deployed Tealeaf's CX Customer Behavior Analysis to analyse the purchasing habits of the 1m monthly visitors to its website....
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Austrian Airlines announced on 25 August the launch of a capital increase with the issue of 57,120,000 new bearer shares. The launch follows resolutions which passed during the company's ordinary annual shareholders meeting on 7 May and the entry of...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD LAN CARGO, the freight division of Latin America's LAN Airlines (NYSE: LFL), announced on 25 August that it will start operations between Miami and Guatemala City, Guatemala and San Jose, Costa Rica next month. The service will be operated using...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD United Airlines (Nasdaq: UAUA) has announced its intention to renew its sponsorship agreement with the US Olympic Committee through to the London Games in 2012. The new agreement will also cover the Paralympic Games and the 2010 Vancouver Winter Olympics....
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Akron-Canton Airport has reported record passenger numbers travelling to and from the airport during July 2008. A total of 149,757 passengers passed through the airport in July, which is 5,541 more than the previous record set in July 2005 and...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD GenNx360 Capital Partners announced on 25 August that it has entered into a definitive agreement to acquire Precision AeroPower Group, a specialist aero components manufacturer. The acquisition is expected to be completed in September. Precision AeroPower is an...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Midwest Airlines today (26 August) announced that it will offer sale fares on flights departing on Tuesdays, Wednesdays or Saturdays from 9 September to 11 February. The fares are available, subject to conditions, which include a requirement that the tickets...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD The executive council of the Air Line Pilots Association International ALPA announced on 25 August that it has authorised the release of USD2m from its Major Contingency Fund to support member pilots employed by Spirit Airlines in a campaign against alleged 'irresponsible...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Sama Airlines, a low-cost airline based in Saudi Arabia, announced on 25 August that it has signed a bilateral commercial agreement with Safi Airways. The agreement will allow Sama to sell tickets on Safi's daily flights between Dubai and Kabul....
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Southwest Airlines announced on 26 August that, in celebration of its first year operating out of San Francisco International Airport SFO, it will be offering discounted fares on travel out of SFO. The fares will be highlighted via the airline's...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Delta Air Lines (NYSE: DAL) today (26 August) announced that it will suspend its current services from New York to Santiago and to Santo Domingo in mid-September and resume them as weekly services from 13 December. Both the routes will...
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