“Two years ago we were doing Wall Street road shows and rock band tours,” Andy Priester, director of charter operations at Chicago-based Priester Aviation, told AIN last month. “But the economy and world events have made those types of charters now almost extinct. Our new charter customer is the individual who can’t afford to spend five hours waiting for the privilege to get on a cramped airliner.”
Perhaps the sector of aviation most visibly affected by the events of September 11, the airline industry continues its struggle toward recovery, as security burdens, economic jitters and lingering public apprehension over flying conspire to sustain the worst slump in the history of the business.
Passengers on Delta AirElite, the business-jet charter subsidiary of Delta Air Lines, can now earn frequent-flier segments that can be used on the company’s airline flights. Charter customers will be awarded one segment for every $2,500 in AirElite fares. Accumulating 30 segments within one calendar year will earn Silver Medallion status; 60 segments, Gold Medallion status; and 100 segments, Platinum Medallion status.
US Airways’ decision to file for Chapter 11 bankruptcy last month officially placed the courts at the center of a restructuring exercise in which the development of the airline’s regional network has emerged as perhaps the most crucial component.
The change in ownership of the annual Aircraft Interiors Expo barely rated a blink as the 2008 event went off seamlessly from March 31 through April 2 in Hamburg, Germany.
Ownership of the show changed last year when long-time owner/organizer UKIP Media & Events sold the expo to Reed Exhibitions.
The FAA has been under intense pressure from the U.S. Congress of late, and some believe that the reaction to Congressional pressure to tighten up FAA oversight of the aviation industry is a direct cause of the thousands of airline groundings last month.
During a House Select Committee on Energy Independence and Global Warming hearing last month, Air Transport Association (ATA) president and CEO James May claimed that airline jets are five to six times more fuel efficient than corporate jets. “Carrying 200 people and cargo across the country in a single airplane burns a lot less fuel than 33 separate corporate jets, each flying six people,” May testified. He added that U.S.
Air Transport Association (ATA) president and CEO James May used a hearing of the House Select Committee on Energy Independence and Global Warming last month as a bully pulpit to bash corporate jets and promote the airlines’ tax agenda.
Eos, the all-business-class airline launched in 2005, filed for Chapter 11 bankruptcy Saturday and flew its last flight yesterday. The Purchase, N.Y.-based airline operated an upscale, twice-daily service between New York JFK and London Stansted Airport, charging round-trip prices ranging from $3,500 to $9,000.
The Russian government is considering softening the import tax requirements for business jets and certain types of on-board and airport equipment not produced domestically, according to Valery Voskoboinikov, deputy head of the Russian state agency Rosaviacosmos.