GLG News by Online Travel Agency and Industry Experts (North America)
Analysis of:
New IATA Financial Forecast Predicts 2008 Downturn (www.iata.org)
The slowdown is coming - we have two good sources - Airlines and Airports. The impact is not just in the USA but in other market geographies The impact on two specific carriers - British Airways and Singapore Airlines is examined.
Analysis of:
CYCLICAL DOWNTURN AHEAD IN 2008 (www1.iata.org)
Travel in the USA is soft but we see a move to more up market product As the US declines the impact of the cheap dollar and cheap pound is driving traffic from Europe Airport Traffic is showing a sharp drop in growth.
Analysis of:
Fuel bill takes shine off BA results (www.guardian.co.uk)
BA is changing and losing its once dominant status in a transformation driven by factors no longer in BA's control. AF-KL combo is now the world's leading airline by far. Competition is bearing down heavily on the carrier.
Analysis of:
Airline Merger could bring anything (news.enquirer.com)
* Will the Bush administration or the next administration approve approve any airlines attempt to merge? * Unions and communities will fight any merger attempts. * Other carriers like American and Southwest will...
Analysis of:
Delta delays Comair sale as it explores merger hopes (www.ft.com)
*Service will get worse...I know that is hard to imagine. *Fares will go up. *Communites will loses both Hubs, flights and jobs. *If it happens it will be Delta merging with Northwest and United merging with Continental and no one want US Airways
Analysis of:
FAA: Boeing's New 787 May Be Vulnerable to Hacker Attack (www.wired.com)
Boeing's new 787 Dreamliner is a very complex and advanced feat of engineering
The aircraft is late and there are some significant problems both logistically and with the IFE/LAN and Flight Control system software from Honeywell.
Is the aircraft at direct and imminent risk at launch?
Analysis of:
Delta delays Comair sale as it explores merger hopes (www.ft.com)
Investment companies both public and private are pressuring several US airlines to merge, specifically Delta Airlines, United Airlines and Northwest Airlines are mentioned as candidates. While rationalization might be good - good for whom? Are there alternatives, yes there are.
Analysis of:
British Airways To Start New U.S.-to-Europe Service (money.cnn.com)
BA formally announces Project Lauren with a new brand "OPENSKIES". Long time BA Exec DALE MOSS is charged to lead the new brand. Interesting choice of cities and impact for BA's competitors
Analysis of:
Airline Business confidence index (www.iata.org)
Demand will stay high in many parts of the World. The US economy meltdown driven by Real Estate will cause a more cautious travel outlook. Extra capacity being added in some markets will erode yields.
Analysis of:
Going Green: Minimizing Aviation's Environmental Footprint at Airports (www.trb.org)
Airports have a major impact on Aviation's efficiency Airports are a very scarce resource Airports need to be added to Emissions Trading Schemes now.
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