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|  Airline
Bankruptcy Q & A:
By now you have probably heard
that both Delta and Northwest Airlines
filed for Chapter 11 bankruptcy protection,
and you are likely wondering what that
means for you and for your company. First
and foremost, please be assured that Travel-On
has been closely watching these developments,
and we are well positioned to ensure that
our clients maintain business continuity
now and going forward. To answer the most
frequent questions, we have developed
Airline
Bankruptcy Q&A for your information.
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NEWS HEADLINES
Airlines
Prepare for Hurricane Rita
Sep 22, 2005 - Cruise ships and airlines are
preparing for the waves and wind of Hurricane
Rita on Texas' Gulf Coast. MORE
Southwest,
American Halt Houston Services
Sep 22, 2005 - Major Texas carriers Southwest
Airlines and American Airlines are stopping
service in and out of Houston because of approaching
Hurricane Rita, the companies said on Thursday.
MORE
Screening
Bottleneck Jams Houston Airport
Sep 22, 2005 - Security screening bottlenecks
at Houston's main airport caused massive delays
on Thursday for frustrated travelers trying
to flee oncoming Hurricane Rita. MORE
US
Dropping Commercial Data To Screen Terrorists
- Report
Sep 22, 2005 - The US government is shelving
plans to collect information on air travelers
from commercial databases to identify potential
terrorists on passenger lists, a newspaper reported
on Thursday. MORE
Air
Business Bankrupt: Northwest, Delta Enter Ch.
11, Fueling M&A Speculation
Sep 19, 2005 - Nearly simultaneous bankruptcy
filings by Delta and Northwest marked a watershed
moment for a chronically dysfunctional industry.
MORE
Could
Delta, Northwest merge?
After almost simultaneously filing for bankruptcy
this week, industry analysts now speculate that
Delta Air Lines and Northwest Airlines could
explore a possible merger, according to a report
published last week.MORE
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Airline
News |
| United
Debuts "It's Time to Fly" Campaign Around
the World
Sep 20, 2005 – UA's award-winning "It's
Time to FlySM," around the world celebrates the
spirit of the frequent business traveler by creating
a series of engaging TV commercials that show the
emotional connection between United and its loyal
customers. MORE
UAL
posts August loss on bankruptcy costs as operating
performance rises
Sep 22, 05 - UAL Corp. lost $30 million in the month
of August, primarily owing to $82 million of largely
noncash reorganization expenses related to the rejection
of aircraft. MORE
United
Says "Mele Kalikimaka" with a Hawaiian Fare
Sale for the Holidays
Sep 16, 2005 – UA launched its annual “Mele
Kalikimaka” fare sale for 2005/2006 yuletide
travel from Hawaii to the mainland United States.
MORE
AA
To Restart Limited New Orleans Service
Beginning Sep 21. American began operating three
daily round trips between its Dallas/Fort Worth hub
and New Orleans using 136-seat MD-80 aircraft. MORE |
United
said deregulation needed for U.S. carriers to compete
globally
United Airlines CEO Glenn Tilton said unfair government
regulations have hampered U.S. air carriers' ability
to remain competitive and weather the impact of the
Sep 11, 2001, terror attacks, rising fuel costs
and other hardships. MORE
Northwest
to lay off 1,400 flight attendants
Sep 20, 2005 - Northwest will lay off 1,400 flight
attendants by January as it shrinks in bankruptcy,
just months after it re-hired some of them. MORE
Northwest
Mechanics Union Says Strike Is Best Bet
Sepr 21, 2005 - Mechanics at Northwest Airlines believe
their strike against the carrier puts them in a better
bargaining position than other groups whose talks
will be within the framework of Chapter 11 bankruptcy,
a union spokesman said on Tuesday. MORE
Delta
to cut up to 9,000 jobs
Delta Air Lines Inc plans to eliminate up to 9,000
jobs, or 17 percent of its work force, as part of
a plan to save $3 billion and revive itself in bankruptcy.
MORE
Southwest
fights to keep low cost edge
Southwest Airlines Co. expects to be able to keep
its cost advantage over most U.S. rivals even as bankruptcy
gives them greater latitude to cut their own expenses.
MORE |
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US
Airways Group, Inc. Announces Proposed Convertible
Notes Offering
Sep 20, 2005 -- US Airways Group, Inc. is to sell,
subject to market and other conditions, convertible
notes, valued at a $125 million issue price, due 2020.
The notes would be sold to qualified institutional
buyers pursuant to Rule 144A under the Securities
Act of 1933 (the "Securities Act"). MORE
AA
Selects Inflight Canada's iCache Design For Business
Class Seat Enhancement
Sep 22, 2005 - AA announced its selection of Inflight
Canada's iCACHE design as part of the airline's B767-300
Business Class seat enhancement program. MORE
JetBlue
To Resume Scheduled Service To New Orleans
JetBlue Airways will resume scheduled service between
New York's JFK Airport and New Orleans on October
1, 2005, with one daily flight. MORE
Job
Cuts Inevitable At Cyprus Airways
Sepr 21, 2005 - Job cuts are inevitable at cash-strapped
Cyprus Airways in a survival package to be put to
authorities for approval next week, the vice chairman
of the national carrier. MORE
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Orbitz
for Business | Travelport Partners with Verified Identity
Pass' CLEAR Registered Traveler Program
Sep 19, 2005 - Standing in long, time-consuming
and unpredictable security lines at airports is a
productivity killer in business travel —and
while everyone agrees air travel security is extremely
important, many believe it can be made more efficient
and more predictable for corporate travelers.
The CLEAR Registered Traveler program gives travelers
a way to avoid long lines at airport security checkpoints.
After applying for membership, CLEAR submits applicants'
biographical information and biometrics (iris and
fingerprint images) to the Transportation Security
Administration (TSA) for a security threat assessment.
Once approved by TSA, members are issued a CLEAR card
enabling them speedy passage through specified CLEARLanes
at participating airports. CLEAR members are still
required to pass through metal detectors and have
carry-on bags x-rayed. MORE
Sweden
Announces Air Ticket Tax
September 20, 2005 - Sweden plans a tax on airline
tickets of between 50 to 100 Swedish krona (USD$6.50
to USD$13) from May next year as part of efforts to
help the environment, the government said in its 2006
budget proposal. MORE |
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Car
/ Rail / Cruise News
Acela
Express Service Returns 8 weekday roundtrips between
Boston & New York
Sep 21, 2005 - Beginning September 26 Amtrak will
operate 8 weekday roundtrips between Boston, New York
and Washington, D.C. This increases current weekday
service to and from Boston by four roundtrips. MORE
Are
car rental navigators near end of road?
Agencies are pushing technology that future cellular
phones might render obsolete. MORE
Royal
Caribbean issued storm update
Given Hurricane Rita's location and projected path,
Royal Caribbean is currently altering the itineraries
of three ships. MORE
Carnival
Ships on the Move in the Gulf
Sept 22, 2005 - There's lots going on at Carnival.
Some of it is up in the air due to Hurricane Rita.
Some of it definite, because they're telling people
their cruises are canceled. And some of it in the
future they're not ready to talk about yet. MORE
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Hotel
News
Companies
Try Holding Hotel Rates: Buyers Seeking To Extend
2005 Rates As Increases Loom
Sep 19, 2005 - Several corporate travel buyers are
foregoing the standard hotel request-for-proposals
process and seeking to extend 2005 negotiated terms
and rates into next year, in addition to deploying
such time-tested tactics to secure favorable rates
as limiting the number of preferred hotels in certain
markets. MORE
More
than 45,000 hotel rooms closed by Katrina
Sep 19, 2005 - Damage to hotels in the Gulf Coast
states hit by Hurricane Katrina was far worse than
originally projected with nearly 46,000 rooms now
unavailable, an industry study group says. MORE
New
Orleans hotels open doors, but not to tourists
Sep 20, 2005 - The city's famous hotels are starting
to reopen, but like New Orleans itself, business as
usual is a long way off. MORE
InterContinental
adding hotels in U.S., Asia
Sep 21, 2005 - InterContinental Hotels, the world's
largest hotel company by room count, expects to expand
in the Americas and Asia over the next three years
— mostly through new construction — as
it divests hotels in Europe. MORE
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Other
Industry Related News
Passenger
screening plan won't fly
Sep 22, 2005 - The government is shelving
plans to identify potential terrorists on
passenger lists through commercial databases,
the Wall Street Journal reported. MORE |
EasyJet
targets German expansion
Sep 18, 2005 - British low-cost carrier
easyJet aims for double-digit growth in
Germany to boost its market share to 20
percent, a paper has quoted the German chief
executive as saying. MORE |
U.S.-Mexico
agree to expand aviation services
The United States and Mexico agreed on Wednesday
to expand airline flights and other aviation
services between the two countries for the
first time in six years, the U.S. Transportation
Department said. MORE
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Taxpayers
should not subsidize airlines
Possibly the worst thing Congress could
do for the airline industry would be to
give it more subsidies. That may seem counterintuitive,
but the hard fact is some of the airlines
now flying must be allowed to fail in the
marketplace if the industry as a whole is
going to get back on some semblance of a
firm financial footing. MORE |
DOJ
Assails Secure Flight
Sep 19, 2005 -- Despite a recent U.S.. Department
of Justice report concluding Secure Flight
is unfocused and unprepared to take effect,
the Transportation Security Administration
said it is moving forward this month with
two airlines to partially launch the passenger
prescreening program. MORE |
JetBlue
passengers saw landing drama unfold on TV
Sep 21, 2005 - The airliner circled Southern
California for hours, crippled by a faulty
landing gear, while inside its cabin 140
passengers watched their own life-and-death
drama unfolding on live television. MORE |
Storms
a big blow to airline profits
Sep 22, 2005 - Hurricanes Katrina and Rita
are threatening the slim hopes several U.S.
airlines had of earning third-quarter profits.
MORE |
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FAA
to propose cameras, wireless devices in
planes
Sep 21, 2005 - The latest post-September
11 security change for commercial planes
may be cameras in the cabin and wireless
devices for flight attendants to alert the
cockpit crew to an emergency. MORE |
Romance
and culture without spending a fortune
Sep 20, 2005 - The perfect Paris picnic
comes cheap: a crusty baguette ($1), a thick
slab of Camembert ($2.50), a modest Bordeaux
($5). Take it to the sprawling park at the
foot of the Eiffel Tower, spread a blanket
and dine with a view that is priceless.
MORE
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Scientists:
Cut air travel for environment
Sep 21, 2005 - Britain should drastically
reduce the growth of air travel to bring
greenhouse gas emissions within levels
that will avoid dangerous climate change,
reported leading environmental scientists.
MORE |
Airlines
Hide Out In Bankruptcy Court
Sep 19, 2005 - U.S. Bankruptcy Court is
an all-too-frequent stop for the nation's
airlines, a routine refueling and refinancing
station on the way to whatever may be the
final destination for the embattled industry.
MORE |
EU
Seeks Tighter Airport Anti-Terrorism Measures
Sep 22, 2005 - The European Union must tighten
airport security to stop terrorist attacks,
the European Commission said on Thursday
after an official review exposed shortcomings.
MORE
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Fuel
Hike Drives IRS Change, Air Fees
Sep 19, 2005 -- The one-two punch from Hurricane
Katrina and consequent fuel cost surges
in the past two weeks spurred the federal
government to revise reimbursable mileage
guidelines for U.S.-based corporations and
hotel analysts to forecast stifled domestic
demand growth. Meanwhile, heightened costs
further infected the already-ailing airline
industry. MORE |
Small
Firms Get More Time On Sarbanes-Oxley Rules
Sep 22, 2005 - The Securities and Exchange
Commission yesterday gave small companies
one more year to comply with costly rules
that require them to assess the adequacy
of their financial controls. MORE
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