Business travel Costs Mounting as Demand Regains |
Air Travel NewsMonday, February 22, 2010Business Travel costs are set to increase over the subsequent 12 months as demand for international travel rises and the worldwide economy recovers,industry veterans have warned. The remarks come as airline giant Qantas announced a 72% drop in first half net profit lately, along with strategies to scrap many of its first class seats on international flights. Additionally Qantas announced air fares would rise over the next year, with demand anticipated to increase after a dreadful year, which witnessed the company lose 72% in net profit for the six months ending December 31. Chief executive of Qantas Airways Alan Joyce conveyed to the Australian Financial Review prices would rise over the next year, as present levels cannot be sustained.He added that airfares and yields can be seen to ameliorate presently. They need to get better moving forward on international markets because most of the international industry, is losing money.Additionally,Qantas Airways is set to decrease the number of first-class seats on its long-haul fleet, to be replaced by a 27% increase in the figures of premium economy seats. Labels: Business Travel, Qantas Airways Friday, February 19, 2010British Airways CEO:Willie Walsh Willie Wash ,the former CEO of Aer Lingus is the current CEO of British Airways. Willie Walsh took over as the CEO of British Airways October 2005.He has headed the airline during a time of unparalleled turmoil as well as industrial-relations issues. Qatar Airways Akbar Al Baker is the CEO of Qatar Airways from 1997.He had re-launched Qatar Airways in 1997 .He had executed a 10 year strategic plan to expand the airline's route network, construct an up-to-date fleet and create Doha as a chief regional aviation hub. Continental Airlines Jeffery A. Smisek is the president and chief executive officer of Continental Airlines from January 2010.He had joined the airline as Senior Vice President in March 1995. Over the course of his time at Continental, Smisek has managed airline functions such as flight operations, inflight, airports, catering, cargo, maintenance as well as technical operations. Philippine Airlines CEO: Lucio C. Tan Lucio C. Tan, the CEO of the airline took over this position in January 1995. After he took over,in April 1996, the centerpiece of the Philippine Airlines program was the acquisition of 36 state-of-the-art aircraft from Airbus and Boeing between 1996 to 1999. Labels: British Airways, CEO, Chief executive Officer, Continental Airlines, Philippine Airlines, Qatar Airways Sunday, February 14, 2010United Airlines conveyed that business travel is picking up, and its fourth-quarter loss was much smaller than a year ago.United Airlines Corporation lost nearly $240 million during the fourth quarter. Additionally,not including fuel hedges and special items, UAL lost $1.05 for each share.
Chief Financial Officer Kathryn Mikells conveyed in a prepared statement on Wednesday that with business and premium traffic escalating and the benefit of an improved cost structure, United Airlines is moving on the road to closing the profitability gap,Revenue dropped 7.8 percent to $4.19 billion. United Airlines said it will build around $60 million in aircraft deposits for the period of the first quarter for the huge jet order it announced late last year.The company finished the quarter with $3.04 billion which is a billion more than the same time last year. It raised money uncompromisingly in 2009, mortgaging airplanes and parts as well as offering stock. Kathryn Mikells also added that UAL has taken any near term liquidity issues off the table and now benefit from a greater degree of financial flexibility. Tuesday, February 9, 2010
OpenSkies, the exclusive all business class airline of British Airways', announced lately it will commence a new service between Washington Dulles International Airport and Paris Orly Airport from May 3rd,2010. This route adds to OpenSkies' recognized New York to Paris route and brings the "more for less" OpenSkies experience, where high standards and service are offered at an invincible value to travelers flying from and through Washington D.C. to Paris.
Dale Moss, Chief Executive Officer of OpenSkies conveyed that the escalating status of Washington D.C. has created a demand for exclusive, finest travel options at competitive rates. By presenting superior value than conventional business class, OpenSkies will offer the Washington D.C. metro area with a novel and enhanced way to travel to Paris in style. Washington D.C. metro area travelers can now benefit from the OpenSkies special flight experience for some of the cheap business class fares available, with in-flight services together with four-course dining, on-demand video and helpful service in a soothing environment.OpenSkies offers the benefit of being a part of the world class frequent flier program called "British Airways Executive Club," a customer-loyalty program that enables travelers to accrue miles on both OpenSkies and British Airways and to gain from its several advantages beyond mileage. With a capacity of 72 passengers, OpenSkies offers every customer additional convenience, comfort and personalized service. Passengers enjoy additional room, as each plane features two cabins without middle seats in a 2x2 seat configuration, which guarantees a window or aisle each time.Every OpenSkies flight provides 2 options of seating : business bed(BIZ BED) or business seat(BIZ SEAT): *BIZ BED is a private cabin with 12 seats and is the lone business class existing that offers seats that change to completely flat beds (180 degree recline) on this route. Electronically controlled, these seats are prepared with universal power outlets and in addition hold individual entertainment systems. *BIZ SEAT is a roomy cabin with 60 wide seats that recline to 140 degrees with a 52 inch seat pitch. They are also set with universal outlets for personal computers and electronics and supply power for the video-on-demand entertainment systems. OpenSkies proffers passengers with the perfect comfort and quality of a luxury airline without the connected cost for business travel Labels: business class airline tickets, Business Travel, Cheap business class flights, OpenSkies Saturday, February 6, 2010United Airlines has initiated a special online deal between Hong Kong and Las Vegas. Till the end of February, a roundtrip Economy Class ticket from Hong Kong to Las Vegas will cost just HK$5,980. To avail this opportunity, travelers ought to purchase their tickets and depart on or before 28 February, 2010. Tickets can be purchased through the United Airlines Hong Kong website at unitedairlines.com.hk United Airlines is also providing online travel bargain to Singapore and Ho Chi Minh City. Roundtrip Economy Class fares to either destination start from HK$910 for Hong Kong travelers leaving before the end of March.Tickets must be bought through the United Airlines Hong Kong website on or before March 31, 2010 to acquire this special fare. United Airlines offers a brand new First Class suite and Business Class cabin with a 180-degree fully-flat bed , including iPod connectivity. All United's international Boeing 747 aircraft flying in and out of Hong Kong are equipped with these new seats.United is also one of the few U.S. carriers to offer three cabins and four classes of services on all of its worldwide overseas flights.United operates on a daily basis nonstop services connecting Hong Kong and the United States on Boeing 747-400 aircraft. Labels: Business class, United Airlines Tuesday, February 2, 2010
Continental Airlines will increase flights from Newark Liberty International Airport to London's Heathrow Airport in March.Additionally,with new lie-flat seats in BusinessFirst class ,it is attempting to augment its competitive position on the well traveled route.
The airline will include a fourth daily service in March as well as a fifth in the fall to the United Kingdom's busiest airport. Jeff Smisek, chief executive officer stated that all the New York-London customers will gain from more flight options.Jeff Smisek also described New York-Heathrow as a flagship route.From March 27, Heathrow-bound flights will leave Newark at 9 a.m,6:40 p.m., 7:20 p.m. and 8 p.m.On Oct. 30, a 10:10 p.m. daily departure will also be included. Continental Airlines also stated that effective June 1, all of its aircraft scheduled for Heathrow flights will include seats in BusinessFirst that recline to lie entirely flat, like a bed. Lie-flat seats are rapidly becoming the standard for trans-Atlantic premium travel. |