AIRLINES ARE BACK ON THEIR FEET
IATA statistics show the industry is back in the black and revenues are continuing to climb from passenger and cargo operations. In America the regulatory authorities have given the thumbs up for the merger between United and Continental Airlines. As the consolidation of the industry continues throughout the world (including China) we will soon be [...]
USA AIR NZ HEAD SAL SAN FILIPPO FACES PROSECUTION IN NZ
The High Court (equivalent to our Supreme Court) this week ruled that Sal San Filippo must stand trial with five other colleagues in New Zealand for “anti-competitive” behavior. Granted that his bosses fought hard to have him removed as a defendant (the opposite of what happened to Bruce McCaffrey of Qantas) it amazes me with [...]
AIRLINES SEE LITTLE HOPE OF BETTER TIMES AROUND THE CORNER
There is no question that those who hoped for V instead of a U turnaround, they are now roundly disappointed. Many leading economists are still arguing whether the step economic decline has bottomed out or there is still some way to go. I don’t believe the run up of stock prices on Wall Street has [...]
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