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March 01, 2004

US Airways' Siegel: Mergers Will Change Airline Industry

It's the kind of thing that shakes up an industry -- more so if it comes from an industry icon. US Airways CEO David Siegel, fresh from bankruptcy court, predicts a future where just three major airlines rule the skies, along with a "swarm of low-cost carriers" as consumers demand more miles to the wallet.

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Haiti On Verge Of Aerial Isolation

With many of its employees finding it increasingly difficult to get to work at the Port-au-Prince airport because of disturbances in the area, American Airlines has suspended all service to and from Haiti until Wednesday, March 3. Look for other airlines to quickly follow suit.

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UAL Reports January Results

UAL Corporation, the holding company whose primary subsidiary is United Airlines, today filed its January Monthly Operating Report (MOR) with the United States Bankruptcy Court. The company reported a loss from operations of $191 million, which represents an improvement of approximately $140 million over January 2003. Mainline passenger unit revenue improved 8% year-over-year, well ahead of the industry average. Mainline unit costs for January, excluding special charges and fuel, improved 14% year-over-year. The company reported a net loss of $252 million, including $26 million in reorganization expenses. The majority of reorganization expenses were non- cash items resulting from the rejection of aircraft as the company aligns its fleet with the market. UAL met the requirements of its d

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Tiger Airways Names Chairman and Appoints CEO

Less than three months after announcing its start up, Singapore's low cost airline, Tiger Airways, has appointed a Chief Executive Officer and named its Chairman. With the appointment of a dedicated chief executive, the carrier will push full steam ahead with its plans to take off this year as scheduled.

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Flight Attendants Urge NTSB to Keep Recommendation on Child Restraints

Members of the Association of Flight Attendants-CWA, AFL-CIO, last week briefed the National Transportation Safety Board last week, hoping to convince board members to continue their recommendation advocating child safety seats be required for children under two onboard aircraft.

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The Business Of Security: Smiths Detection Wins Contract In Germany

Smiths Detection has received an order from the German Ministry of the Interior for automatic explosives detection systems, valued at more than EUR 20 million, to be installed at Frankfurt Airport. The systems include the detection tomography system, HI-SCAN 10080 EDtS, along with comprehensive network-integration for x-ray image evaluation of hold baggage.

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Alteon Opens Aviation Training Center in Atlanta

Alteon Training a Boeing subsidiary, officially opened its brand new $75 million aviation-training center last week on land owned by the Hartsfield-Jackson Atlanta International Airport.

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AD: GE Engines

AD Number 2004-04-07 Manufacturer: General Electric Subject: Detect and prevent cracks in the bottoms of the dovetail slots

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