Financially stressed airlines will cut corners with lower numbers of employees. Airlines should not be in business if they are on life support. American Airlines plans to fly to Cuba this fall and is offering help with visas. Fuel costs aren't high and the major airlines are still charging for baggage. Maybe American Airlines needs to take an honest look at the upper management pay scale.
June 29, 2016
American Airlines (click here) says their maintenance team is inspecting an airplane that caught fire as it prepared to take off from the Seattle airport, but there was no immediate word on the cause.
Spokesman Ross Feinstein says flames were reported coming out of the auxiliary power unit in the rear of the aircraft while it was leaving the gate Wednesday.
The Airbus A320 carrying 151 passengers and six crew members was heading to Philadelphia. No one was injured, and none of the passengers was evacuated.
The aircraft taxied back to the gate under its own power. Feinstein says the airline apologized to the passengers for the inconvenience....
According to the CEO of American the industry is flush with money and will never have problems again. Good thing, but, he really should end fires on his aircraft if that is the case.
June 14, 2016
By Brian Sumers
The U.S. airline industry (click here) has been so transformed in the past five years that the nation’s largest carriers may never again report annual losses, American Airlines CEO Doug Parker told investors recently.
“My personal view is that you won’t see losses in the industry at all,” said Parker, speaking June 8 at American’s annual meeting. “We have gotten to the point where we like other businesses will have good years and bad years, but the bad years will not be cataclysmic. They will just be less good than the good years.”
According to the CEO of American the industry is flush with money and will never have problems again. Good thing, but, he really should end fires on his aircraft if that is the case.
June 14, 2016
By Brian Sumers
The U.S. airline industry (click here) has been so transformed in the past five years that the nation’s largest carriers may never again report annual losses, American Airlines CEO Doug Parker told investors recently.
“My personal view is that you won’t see losses in the industry at all,” said Parker, speaking June 8 at American’s annual meeting. “We have gotten to the point where we like other businesses will have good years and bad years, but the bad years will not be cataclysmic. They will just be less good than the good years.”
Parker has long been optimistic, believing airline consolidation has turned Delta Air Lines, United Airlines, Southwest Airlines and American into formidable, sustainable businesses that can weather economic downturns. He even argues American and its competitors can withstand an increase in fuel prices, something they struggled with in 2008, when oil prices jumped unexpectedly.
To illustrate his point, Parker compared American’s 2005 to 2015. In both years, he said, the price of oil cost roughly $55 per barrel. Also in both years, U.S airlines had just about the same number of seats in the marketplace. But in 2005, the overall U.S. economy was growing more rapidly than today, measured by gross domestic product....
To illustrate his point, Parker compared American’s 2005 to 2015. In both years, he said, the price of oil cost roughly $55 per barrel. Also in both years, U.S airlines had just about the same number of seats in the marketplace. But in 2005, the overall U.S. economy was growing more rapidly than today, measured by gross domestic product....
