Low Cost Airline News.For more airline data and analysis, please go to: http://www.airguideonline.com/professional.htm Air Berlin Air Berlin late Thursday delayed the launch of its IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. , scheduled for Friday, owing to owing to prep. Because of; on account of: I couldn't attend, owing to illness. owing to prep → debido a, por causa de the market's concern over the share price, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. press reports. AB reportedly was asking for [euro]15-[euro]17.5 ($19-$22.10) per share. The IPO now is planned for May 10 with 42.5 million shares priced at [euro]11.5-[euro]14.5, with AB hoping to generate [euro]489-[euro]616 million. May 8, 2006 EasyJet EasyJet said it carried 2.85 million passengers in April, up 16.8% from the year-ago month. Load factor rose 1.2 points to 86.4%. May 9, 2006 EasyJet cabin crew cabin crew cabin n (Aviat) → équipage m and ground staff represented by the Transport & General Workers Union will vote on whether to call a strike in a long-running pay dispute, the union announced Friday. T&G said it has been negotiating a two-year deal since last October and warned the strike could begin in six weeks. About 1,500 cabin crew and ground staff will be balloted. May 8, 2006 In an effort to bypass the union, EasyJet said it wrote to its 2,000 cabin crew employees Friday outlining the terms of a "substantial pay increase that would result in a settlement at twice the rate of inflation." The offer includes a pay raise of 3.5% and an additional guaranteed bonus of 2% for the current financial year to September, and a raise of a further 3% and another bonus opportunity of 2% the following year. "We are particularly disappointed that the Transport & General Workers Union has chosen to stir up unnecessary and damaging speculation on industrial action," easyJet 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. Andy Harrison said, claiming the union had "not even yet taken the trouble to consult with their members on this offer." T&G said the offer was inferior to a recent package offered to pilots. May 8, 2006 JetBlue Airways For the Jet Blue database used in Exchange Server and Active Directory, see Extensible Storage Engine. JetBlue Airways is a major American low-cost airline owned by JetBlue Airways Corporation (NASDAQ: JBLU). JetBlue promotes Harvey to CFO See Chief Financial Officer. post. JetBlue has named John Harvey executive vice president and chief financial officer. Harvey was previously senior vice president of corporate finance and treasurer. JetBlue's main goal is to return to profitability, Chief Financial Officer John Owen said. The company will add some amenities, such as higher-quality wine, to generate revenue, and it may stop waiving some $25 ticket change fees. May 12, 2006 Red-eye is one of the most reviled terms in the lexicon of frequent flying. To soften the definition a bit, JetBlue has teamed up with bliss (yes, with a small "b,"), one of New York's hottest spas. From now on, the carrier will be giving flyers "Shut Eye" kits, replete with bliss products such as mint lip balm balm, name for any balsam resin and for several plants, e.g., the bee balm. balm Any of several fragrant herbs of the mint family, particularly Melissa officinalis (balm gentle, or lemon balm), cultivated in temperate climates for its fragrant , bliss lemon+sage body butter, an eyeshade and ear plugs. Before landing, flyers get hot towels, and Dunkin' Donuts coffee, orange juice or bottled spring water. May 12, 2006 JetBlue Airways flew 2.03 billion RPMs in April, a 24.8% increase over the year-ago month. Capacity rose 27.2% to 2.37 billion ASMs and load factor fell 1.7 points to 85.6%. May 8, 2006 Ryanair Ryanair is to open up a base at Marseille and with two aircraft operate limited services on 13 routes. It has a target of almost one million passengers in the first 12 months. From November the Irish-based but UK-domiciled airline will connect Marseille to Charleroi, Dublin, Eindhoven, Fez Fez: see Fès, Morocco. , Hahn, Karlsruhe Baden, Marrakech, Oujda, Oslo, Prestwick, Porto, Rome and Stansted. The new operation is bound to shake up the French market totally dominated by Air France. French passengers will have to learn that Hahn is 70 miles from Frankfurt, a route Air France does operate. Ryanair, never one to miss a publicity trick, has now accused Air France of state aid. AF has retaliated to the effect that Ryanair spreads misinformation mis·in·form tr.v. mis·in·formed, mis·in·form·ing, mis·in·forms To provide with incorrect information. mis . Our photo shows ceo Michael O'Leary sitting this one out. A close inspection also shows a member of the cabin staff. http://www.ryanair.com May 14, 2006 Ryanair will open its 16th European base at Marseille Provence, where it will base two new aircraft and fly to 13 destinations from November. The carrier said it expects to deliver 1 million passengers per year to MRS MRS - Modifiable Representation System. An integration of logic programming into Lisp. ["A Modifiable Representation System", M. Genesereth et al, HPP 80-22, CS Dept Stanford U 1980]. , which since 2000 has experienced a 10.8% decline in passenger throughput to 5.8 million. It will serve Brussels Charleroi, Dublin, Eindhoven, Fez, Frankfurt Hahn, Glasgow Prestwick, Karlsruhe Baden, London Stansted, Marrakech, Oujda, Sandefjord, Porto and Rome Ciampino. Separately, Ryanair will launch a daily Dublin-Berlin Schoenefeld service on June 1. May 11, 2006 Ryanair, Air France trade barbs barbs the primary, delicate filaments that are given off the shaft of a bird's contour feather. They project from the rachis and bear the barbules. over French airport charges. Ryanair said it filed a complaint to the European Commission claiming Air France received some [euro]1 billion ($1.28 billion) in illegal state aid "over the past number of years." May 12, 2006 Sun Country Sun Country Airlines, a privately held LCC (Leadless Chip Carrier, Leaded Chip Carrier) See leadless chip carrier, CLCC and PLCC. 1. LCC - Language for Conversational Computing. Written at CMU in the 1960's. based at Minneapolis-St. Paul, said its first-quarter net income increased nearly 7% over the year-ago quarter to $5.5 million as revenues rose 15% to $76.5 million and passenger boardings grew 7% to 531,867. The airline said it maintained "virtually identical" year-over-year unit costs excluding fuel. It operates a fleet of seven leased 737-800s to destinations in the US, Mexico and the Caribbean. May 10, 2006 |
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