Seth Kaplan, Airline Weekly, discusses winter storm Stella's potential
impact on the airline industry.
Former Spirit Airlines CEO Ben Baldanza weighs in on the blizzard's
impact on the airline industry, including what airport delays means for business.
In the 1990s, a number of studies reviewed deregulation's
impact on airline wages, attributing decreases in the range of 10 to 20 percent for pilots, and more for flight attendants.
While the report was troubling, some believe
its impact on the airline «s earnings could be limited.
For example, there had been no regulatory impact assessment on
their impact on the airline industry, a fact MPs find «surprising».
Not exact matches
Actual operational and financial results of SkyWest, SkyWest
Airlines and ExpressJet will likely also vary, and may vary materially, from those anticipated, estimated, projected or expected for a number of other reasons, including, in addition to those identified above: the challenges and costs of integrating operations and realizing anticipated synergies and other benefits from the acquisition of ExpressJet; the challenges of competing successfully in a highly competitive and rapidly changing industry; developments associated with fluctuations in the economy and the demand for air travel; the financial stability of SkyWest's major partners and any potential impact of their financial condition on the operations of SkyWest, SkyWest Airlines, or ExpressJet; fluctuations in flight schedules, which are determined by the major partners for whom SkyWest's operating airlines conduct flight operations; variations in market and economic conditions; significant aircraft lease and debt commitments; residual aircraft values and related impairment charges; labor relations and costs; the impact of global instability; rapidly fluctuating fuel costs, and potential fuel shortages; the impact of weather - related or other natural disasters on air travel and airline costs; aircraft deliveries; the ability to attract and retain qualified pilots and other unanticipated
Airlines and ExpressJet will likely also vary, and may vary materially, from those anticipated, estimated, projected or expected for a number of other reasons, including, in addition to those identified above: the challenges and costs of integrating operations and realizing anticipated synergies and other benefits from the acquisition of ExpressJet; the challenges of competing successfully in a highly competitive and rapidly changing industry; developments associated with fluctuations in the economy and the demand for air travel; the financial stability of SkyWest's major partners and any potential
impact of their financial condition
on the operations of SkyWest, SkyWest
Airlines, or ExpressJet; fluctuations in flight schedules, which are determined by the major partners for whom SkyWest's operating airlines conduct flight operations; variations in market and economic conditions; significant aircraft lease and debt commitments; residual aircraft values and related impairment charges; labor relations and costs; the impact of global instability; rapidly fluctuating fuel costs, and potential fuel shortages; the impact of weather - related or other natural disasters on air travel and airline costs; aircraft deliveries; the ability to attract and retain qualified pilots and other unanticipated
Airlines, or ExpressJet; fluctuations in flight schedules, which are determined by the major partners for whom SkyWest's operating
airlines conduct flight operations; variations in market and economic conditions; significant aircraft lease and debt commitments; residual aircraft values and related impairment charges; labor relations and costs; the impact of global instability; rapidly fluctuating fuel costs, and potential fuel shortages; the impact of weather - related or other natural disasters on air travel and airline costs; aircraft deliveries; the ability to attract and retain qualified pilots and other unanticipated
airlines conduct flight operations; variations in market and economic conditions; significant aircraft lease and debt commitments; residual aircraft values and related impairment charges; labor relations and costs; the
impact of global instability; rapidly fluctuating fuel costs, and potential fuel shortages; the
impact of weather - related or other natural disasters
on air travel and
airline costs; aircraft deliveries; the ability to attract and retain qualified pilots and other unanticipated factors.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial
airlines, the
impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature,
impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the
impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU,
on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted
on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition
on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger
on the market price of United Technologies» and / or Rockwell Collins» common stock and / or
on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
With summer travel season kicking off,
Airlines for America recently projected traffic will increase by 4 percent, a figure Boyd said was modest but could still have an
impact on travel.
Gordon Bethune, CNBC Contributor and Former Continental
Airlines Chairman & CEO, weighs in
on the
impact a storm like Hurricane Hermine can have
on travel over a holiday weekend.
Gary Kelly, Southwest
Airlines chairman, president & CEO, breaks down his company's quarterly results and the
impact of lower oil prices
on jet fuel costs.
For today, it's useful to just think about the
impact of the Hyperloop
on the
airline industry.
Meant to force
airlines and their passengers to account for their environmental
impact, the much - maligned European Emissions Trading Scheme is
on hold, at least for international flights that originate in or depart from the European Union.
Based
on the Department of Justice's analysis of Alaska's acquisition of Virgin, it would appear the primary factor considered is the change in the number of
airlines per route, he contended, adding that a combined American + Alaska or United + Alaska would have a negligible
impact on routes per
airline.
«Using our strengths as an
airline, our partnerships and our mission of inspiring humanity, we aim to make a positive
impact on this island we call home.
Yet while Spirit
Airlines did increase its unit cost outlook after the new pilot contract was ratified, the
impact on its cost structure wasn't as bad as investors may have feared.
British low - cost
airline easyJet and estate agency Foxtons Group
on June 27 both issued profit warnings pointing to the negative
impact of the outcome of the British referendum
on European Union membership
on June 23.
Examples of these risks, uncertainties and other factors include, but are not limited to the
impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events
impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance
on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial
airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report
on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
A plan to alter passenger limits at Westchester County Airport has run into a roadblock, with lawmakers questioning the
impact on nearby towns and a chief critic accusing County Executive Rob Astorino of playing politics to satisfy
airlines eager to expand.
«Our results suggest that weight restriction may impose a non-trivial cost
on airline and
impact aviation operations around the world,» said lead author Ethan Coffel, a Columbia University PhD.
Airline regulations have had a major impact on product development recently, as companies in the category strive to offer features consumers seek, while ensuring that their carriers are airline com
Airline regulations have had a major
impact on product development recently, as companies in the category strive to offer features consumers seek, while ensuring that their carriers are
airline com
airline compliant.
Cathleen McCarthy: What to consider before canceling your
airline miles card — Before you cancel your
airlines miles credit card in a frustrated huff, stop, take a deep breath, and consider the
impact on your credit... (See Canceling rewards cards)
J.D. Power's research solutions enable
airlines to target those performance activities that have a direct
impact on ROI.
On January 8, SkyMiles partner, Hilton, announced changes to its Honors loyalty program that
impact all
airlines partners.
The problems at Berlin Brandenburg are having an
impact on German
airlines as well.
«
Airlines are the top supplier category where ancillary fees are having the most
impact today for 72.7 % of our survey respondents,» said Aaron Kelling, Senior Vice President of Strategic Partnerships for AirPlus International, Inc. «At AirPlus, we are working to share our knowledge
on the topic with corporate travel professionals and our industry partners through The Wire, industry speaking engagements, think tanks, task forces and webinars.»
Alaska bought Virgin America last December, and though have released a few details
on how the merger would
impact elite benefits, mileage earning, and other short - term concerns, they have kept travelers waiting for a bigger picture view of what these
airlines will look like when the merger is complete.
The two separate
airlines will be operating as interline partners as we are committed to creating as minimal impact as possible on how you have been and will continue to do business with Pacific Coastal A
airlines will be operating as interline partners as we are committed to creating as minimal
impact as possible
on how you have been and will continue to do business with Pacific Coastal
AirlinesAirlines.
With nearly a year before travel though, things can happen that could
impact your trip, so its important to know what the
airlines policy is
on award ticket changes and the types of fees they'll incur.
Heathrow is committed to delivering an expansion plan that minimises the airport's
impact on local communities, is affordable for our
airline partners and delivers benefits to all of Britain.
Given the
impact on local economies, LATAM
Airlines Group has endeavoured to promote sustainable tourism with the development of a responsible operation that preserves both the cultural and environmental heritage in the different locations and countries where LAN and TAM operate.
Gonzalez said clients
impacted by the closure of Sandals Grande Antigua may choose to return to the resort within one year of their original travel date and Sandals Resorts will honor the original rate and pay any
airline change fees or penalties; or they may choose to travel
on their original dates but revise to a different Sandals Resorts or Beaches Resorts and again, the airfare will be covered.
Blake Emery Director of Differentiation Strategy, Boeing Commercial Airplanes Following his «The
Impact of Innovation and Technological Change
on the
Airline Sector» session, Blake gave us his predictions...
I would hope all those working to reduce tourism's
impacts on coral would be pushing the cruise and
airline industries to report their existing data
on CO2 per passenger for each specific trip.
«Our results suggest that weight restriction may impose a non-trivial cost
on airlines and
impact aviation operations around the world,» said Ethan Coffel, a Columbia University doctoral student.
The future aviation offsetting scheme will end up having little
impact on the sector's soaring emissions unless restrictions are applied
on what kind of offset credits
airlines can purchase, a new study has found.
That changed
on Thursday, when the International Civil Aviation Organization (ICAO), the UN agency charged with coordinating aviation regulation, including environmental
impact, agreed to freeze net aviation emissions at 2020 levels beginning in 2021, and to force
airlines to offset emissions above that threshold.
We've reported
on airlines eliminating flights to save fuel, and got some really interesting commentson the
impact of air travel.
The
impact on the world's climate would be reduced even further by changes in the way that
airlines operate.
This can be seen in both the carbon offset and recycling categories as well, both of which have a relatively small overall
impact on the greenness of an
airline, while reflecting a green corporate conscience.
More
on the environmental
impact of airports and
airlines Are Short Flights Polluting Your Neighborhood?
Economists at the International Institute for Environment and Development say a «small tax»
on international
airline tickets could raise $ 10 billion (US) a year to help people adapt to the
impacts of climate change.
The niggling concern I have is that, based
on the statements I've seen from various
airlines and governments, the complaints about discrimination to some nations and carriers, about the costs of compliance, while sometimes ringing true mostly seem just like putting off to some indeterminate point in the future financially acknowledging the environmental
impact of flying.
Short of not flying at all (and make no mistake I'm not suggesting that; more travel is
on balance a very good thing) both
airlines and passengers need to pay for the full environmental
impact of the activity and do everything possible to reduce it.
Although the proposed changes would only increase
airline operating costs by around 1 percent, their
impact on the climate could be reduced by up to 10 percent.
A new study claims that
airlines could significantly reduce their
impact on the climate through minor changes to some flight routes.
Brenda Pask, a chartered accountant qualified as an expert to give evidence
on the financial
impact to WestJet
Airlines of a 1P1F rule;
While one might not necessarily expect an
airline schedule change to have an
impact on access to justice, it's possible that it just may.
Aviation Ground Handlers: Liabilities, Claims, Insurance and Contracts Dentons
Airline Symposium Webinar Series — October 2016, Tysons Corner John with other Dentons attorneys gave a live web presentation to hundreds of industry clients
on the the special liability risks that
impact airport and aircraft ground handlers.
When severe weather
impacts travel plans, our Trip Cancellation benefit is triggered when an
airline stops offering all services for 24 or more consecutive hours
on a route the consumer is travelling
on.
Program the
airline phone numbers into your cell phone, so if the flight changes will
impact your plans, you have a head start
on making a flight change.