THE END OF THE LINE FOR THE 747
Since the fuel crisis, even the latest 747-400’s are being grounded by many airlines. In the bankruptcy, Japan Air Lines with one of the largest 747 fleets has announced that all forty-seven in the passenger fleet will be left with the Bankruptcy Trustee for him to dispose of. On strongly patronized long route flights the [...]
WHEN’S ENOUGH, ENOUGH?
When’s enough, enough? Ask Adolf Merckle of Germany. Well sorry, you can’t ask him anymore because earlier this week he threw himself under a train. After inheriting a small pharmaceutical distributing company and marrying into a family which owned a cement company forty odd years ago, he built an empire which today employs 100,000 plus [...]
QANTAS-BRITISH AIRWAYS MERGER MAKES SENSE
I have long advocated that there is too much sensitivity and protectionism when it comes to how governments view their national carriers. Every nation, right down to tiny Nauru Island (population less than 10,000) has an international airline. Most are government-owned and if they aren’t, the largest shareholder is the government. The vast majority of [...]
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