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Airline Workers Working For Free |
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Tuesday, 23 June 2009 22:27 |
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Would you work for free? Well that’s what British Airways is wanting its workers to do. What they are asking their staff is to continue working, but not receive a pay check for up to 4 weeks. These include pilots and management. This is the latest plans that the airline has to try and survive the recession, the CEO of British Airways has said that they are in ‘a fight for survival’. British Airways employees are understandably unhappy about the decision, but it is a clear indication on the direction of the airline industry in the current climate. Experts are compiling the estimated world wide loss for the industry to over $9 billion, and that is just this year alone. It is no wonder that people are suggesting that it time for a bailout. |
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Delta Airlines Post Huge Loses |
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Tuesday, 21 April 2009 14:29 |
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The worlds largest carrier has just reported a huge lose of around $794 million in the first quarter due to the lower demand for travel during the recession. The net lose is around 95 cents per share. Excluding the costs for severance and merger expense, the lose was around 85 cents per share. Delta have added a $50 fee for passengers wanting to take a second bag on a over seas flight, this has been estimated to help generate around $100 million a year. They are also going to ground all the Boeing 747-200 that they acquired from the take over of Northwest Airlines due to the planes being inefficient and cargo revenue has decreased. ‘We remain focused on making disciplined decisions about capacity, costs and capital, achieving merger synergies and finding new sources of revenue,’ Chief Executive Officer Richard Anderson said. Delta has now lost money for the sixth quarter in a row, the company has reported $101 million in one-time costs. This includes $50 million for severance payments to workers who took buyouts and $49 million for merger expenses. |
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Any Refreshments Before Take Off Captain? |
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Tuesday, 14 April 2009 17:42 |
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Low fare airline EasyJet have been working on reducing the outgoings of the company and have decided that free in flight tea or coffee for the cabin crew is to be scrapped. Crews are now advised to take their own beverages on board with them. However they are still able to use the aircrafts hot water. The move comes after the budget airline suffered a huge downfall at the end of last year, with a reported 45% fall in profits. EasyJet aren’t the only airline to have such a downfall, all of the industry was hit during the summer with the rising cost of fuel. This has meant that the airline is now trying to cut down on unprofitable items within the company. A company spokesperson confirmed that the airline is cutting the free tea and coffee for the crew, ‘At a time when life is pretty difficult we have to tighten our belts and everybody has to make sacrifices.’ Unite, the union for the airline industry have condemned the decision saying that the low cost airline of ‘penny pinching’. Steve Turner, United national secretary for civil aviation said ‘Unite has rejected the proposal.’ British Airways, who is also looking for ways to save money to get thought the recession have been negotiating with Unite, one idea put forward was cutting back on holiday entitlements, which they rejected. |
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Tuesday, 14 April 2009 17:26 |
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Luton International Airport has put a charge on drivers wanting to use the ‘drop off zone’. The charge, which is £1, will allow drivers up to 10 minutes to use the area in front of the airport. Low fare airline EasyJet have said that the new charges are disgraceful, with charges already on fast-tracking security and plastic bags. What ever will they charge for next? Spokes person from EasyJet, Andrew McConnell said ‘With this new charge, people will find other places to park to avoid the charge, there will be cars parked on double yellow lines and bus lanes, it’s a recipe for disaster!’ When booking a flight you would assume that you are paying to use the airports facilities, but this just shows that the lump sum that you pay doesn’t include much. Luton International Airport will be in danger of losing customers due to them not wanting the hassle and to pay ‘another’ extra charge. Luton general manager Nic Horton said ‘The charge is there to remind drivers that it is a maximum of 10 minutes stay’ |
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More Planes to go to Desert Graveyard |
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Saturday, 04 April 2009 18:35 |
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Hard hit airlines are looking to get rid of their flagging and old aircraft, with some being sold on but most being resigned to the desert graveyards in California, Arizona and New Mexico. Over the past year airlines have announced that they will be taking 1,700 planes out of service with-in the next few years. United Airlines have announced that they are going to retire 94 of there Boeing 737s, and Northwest Airlines will cut there old DC-9 fleet by at least a third. This comes after an increase of 29% in the last year for storage of planes. Over 2,300 planes are in storage at the moment, with nearly half of them being from US airlines. The US deserts have become the top destination for aircraft storage, this is due to the perfect blend of inexpensive land, which reaches as far as the eye can see and a dry, hot climate that conserves the aircrafts. Planes depreciate rapidly in high humidity. Southern California Aviation President Jeff A. Lynn said that they were swamped with new and old aircraft being put into storage. Though he does expect that 90% of the aircraft that are coming in will be out and back into service once again some time soon. |
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