Airlines resist notification of chronic lateness

Article Abstract:

The US' major airlines are against a proposed legislation that would require them to automatically disclose to customers flights that are at late or cancelled at least 40% of the time. They also oppose another bill that mandate them to clarify what passengers can expect during long on- board delays. The Air Transporation Assn says major airlines should not be required to divulge information about delays and cancellations since it excludes small carriers and travel agents, which sell more than 70% of airline tickets.

Government regulation

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Slowdown slams airlines

Article Abstract:

The US' weakening economy is starting to affect airlines, which have seen their business and leisure travel sales slow down. David Swierenga, chief economist of the Air Transport Assn, says airlines would have a profit margin of only 2% in 2001, significantly lower than the average 6% for other industries. On the other hand, Sam Buttrick, an analyst at UBS Warburg, believes slow bookings would force major airlines to sell more discounted air fares.

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Airlines fill more seats, but many still empty

Article Abstract:

Industry experts estimate that airline companies' profits might take years to recover to levels from before the September 11, 2001 terrorist attack.

Market information - general, Use of services, Air Transportation, Scheduled, And Air Courier Services

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