pelican larry
28th Oct 2001, 21:08
Reuters http://news.excite.com/news/r/011028/03/airlines-australia-qantas . Looks like the beginning of "a deep friendship " with AA as well.
LeadSled
29th Oct 2001, 18:54
Pelican, my old feathered friend, this deep friendship has just about turned 25. Code shares and all that years before anybody else discovered the commercial benefits, even befor FAA had a set of rules, but hey!, somebodies got to do it first, a Wilbur said to Orville ( or was it the other way round)
Tootle pip!
pelican larry
30th Oct 2001, 07:59
the plot thickens :
WASHINGTON, Oct. 29 /PRNewswire/ -- David S. Stempler, President of the
Air Travelers Association, announced today that the Association had submitted
its comments to the U.S. Department of Transportation on the proposed American
Airlines ("AA")/British Airways ("BA") alliance, which seeks full authority
for codesharing, marketing, and schedule coordination. Stempler stated, "With
airlines on both sides of the Atlantic cutting service, and the possibility of
airline bankruptcies and consolidations, now, more than ever, airline
passengers need the benefits that an AA/BA alliance will provide."
The following are the key points made by the Air Travelers Association in
its DOT filing.
1. An American Airlines/British Airways Alliance will provide price,
schedule, and frequent flyer competition for other international
airline alliances.
2. An American Airlines/British Airways Alliance will serve as a
catalyst for U.S./U.K. open skies, which will open London Heathrow
Airport to all U.S. and U.K. airlines.
3. Any required slot divestiture by an American Airlines/British Airways
Alliance at London's Heathrow Airport would be counterproductive by
reducing competition with other international airline alliances.
4. The necessity of an American Airlines/British Airways Alliance is
increased during this period of industry-wide financial crisis.
The Air Travelers Association is passenger-funded organization, based in
Washington, DC, which is both a representative and advocate for its airline
passenger members. The Association focuses on passenger safety, security,
savings, and service issues. It publishes the Airline Accident Report
Card(C), which provides report card grades for the world's airlines based on
their fatal accident histories, and provides membership in Travelers
Advantage(R), one of the largest, full-service, discount travel services in
the United States. David S. Stempler, President of the Air Travelers
Association, is an internationally known authority on airline, airline
passenger, and travel issues.
Click here
SOURCE Air Travelers Association
--------------------------------------------------------------------------------
Issuers of news releases and not PR Newswire are solely responsible for the accuracy of the content.
Copyright © 1996-2001 PR Newswire Association Inc. All Rights Reserved.
A United Business Media company.
... :eek: :eek:
dallas dude
30th Oct 2001, 22:52
This is actually a very smart business decision by AA. They've reduced a $1billion liability by passing these orders to Qantas (Boeing already told AA they'd have to take them or pay for them anyway!). No doubt there's language allowing AA to grab the 737's back if they need them in a hurry.
This improves AA's credit rating so they may borrow funds to expand when the next US carrier goes T*ts Up!
Last one standing wins.
dd