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Company Watch - US Airways.


May 7, 2007

After years of contentious negotiations, representatives from the US and EU enjoyed a bit of ceremony yesterday--and looked ahead--as the open skies agreement The Open Skies Agreement is a recently negotiated treaty between the United States and the European Union. The agreement will allow any European or U.S. airline to fly any route between any city in the EU and any city in the United States.  reached in March was signed at a Washington event attended by Europe's VP-Transport Jacques Barrot Jacques Barrot (born 3 February 1937 in Yssingeaux, Haute-Loire) is a French politician, currently serving as European Commissioner for Transport. He is also one of five vice-presidents of the 27-member Barroso Commission. , EU Council President Wolfgang Tiefensee, US Transportation Secretary Mary Peters Mary Peters could refer to either:
  • Mary Peters (athlete)
  • Mary Peters (politician)
  • Mary Peters (novel) - a bestseller in 1934
 and Secretary of State Condoleezza Rice. May 1, 2007

Registered Traveler The Registered Traveler Pilot Program is an airline passenger security assessment system that was tested in the United States air travel industry in 2005. It was used in several U.S.  growing, but some airports remain skeptical The TSA's Registered Traveler program now operates at six airports, but it continues to face criticism from the airline industry. Some airports, including Dallas/Fort Worth International Airport, are not interested in Registered Traveler. "Passenger security and efficiency should be readily available for all passengers," an airport spokesman says. May 1, 2007

Controllers and FAA in dispute over radio ban The union representing air traffic controllers says a ban by the FAA on AM/FM AM/FM Amplitude Modulation / Frequency Modulation
AM/FM Auto-Mapping/Facilities Management
 radios in air traffic control towers could compromise safety during severe weather. The controllers say the radios allow them to monitor tornado tornado, dark, funnel-shaped cloud containing violently rotating air that develops below a heavy cumulonimbus cloud mass and extends toward the earth. The funnel twists about, rises and falls, and where it reaches the earth causes great destruction.  funnel clouds, but the FAA says controllers already have access to a "large amount" of weather information. May 1, 2007

Airlines turn to consultants for help with sick passengers Major carriers are prepared to handle sick or injured in·jure  
tr.v. in·jured, in·jur·ing, in·jures
1. To cause physical harm to; hurt.

2. To cause damage to; impair.

3.
 passengers during flights. Air Transport Association Assistant General Counsel Katherine Andrus says most carriers contract with outside companies or medical centers for ground-to-air consultations about a passenger's condition, while a few still have their own medical departments to assist from afar in emergencies. Apr 30, 2007

TSA TSA

See tax-sheltered annuity (TSA).
 self-defense program draws few pilots, flight attendants The TSA says it has seen low turnout for its free self-defense program for airline crews and has canceled some classes in recent months. The program has trained 1,750 flight-crew members in three years, less than 1% of the flight attendants and pilots who are eligible. Airlines are concerned that the training may give crew members a false sense of security. "In some cases, a little training can be more harmful when dealing with professional terrorists," an Air Transport Association spokesman says. Apr 30, 2007

Airlines post strong profits, but risks remain Many large airlines are reporting strong profits after several years of losses. However, high oil prices, fierce competition, and uncertainty surrounding labor contracts remain risks that investors should consider. "We think this is a turnaround year, with the airline group making about $4 billion," AirlineForecasts CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Vaughn Cordle says. "In the short run, the industry looks robust, even though it is fundamentally bad and cannot earn its cost of capital over the full cycle." Apr 30, 2007

ZZ

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Apr 30, 2007
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Publication:Airguide Online
Date:May 7, 2007
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