Qantas chooses Boeing 737-800 ...and AA
Reuters http://news.excite.com/news/r/011028...stralia-qantas . Looks like the beginning of "a deep friendship " with AA as well.
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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! |
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: |
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 |
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