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Prime Minister Guy Verhofstadt of Belgium said today that with more than 20 million annual passengers at the Brussels airport and with Brussels as the capital of the 15-nation European Union, "it should be possible to have a performing airline that specializes in Europe".
In his more than two decades at the helm, Cho took the once accident plagued airline and turned it into a global leader, being name as world's best performing airline by Air Transport World last year and earning a four star rating from Skytrax, which ranks airlines based on customer reviews.
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Alaska Airlines and Virgin America, two of the most profitable and best performing airlines, are merging in an effort to create the nation's fifth largest carrier with an increased presence in high growth cities such as Seattle, San Francisco, Los Angeles, Washington and New York City.
The rising oil prices have negated much of the reorganizing work performed by airlines in and out of bankruptcy protection.
This week Tigerair was declared – for a third year in a row – Australia's worst-performing airline by a government-appointed ombudsman.
That set off a rally in the overall stock market, with airlines performing especially well.
The airline is performing "ahead of forecast, and its relationship with its lenders is good," one United banker said.
Upgrd Blogger Matthew Klint, who read the ruling, explains [my emphasis] The court uses very elementary principles of contract law to argue that the man breached his Treuepflicht or general duty of loyalty, deliberately preventing the airline from performing its contractually-owed service.
In part, airlines are performing better because so many travelers have been grounded.
That is partly because domestic commercial airlines are performing worse than ever, especially in terms of customer service in the air and on the ground.
But with world airliner demand sharply on the rise, Evergreen's main business by far these days is taking in aircraft being sidelined by some domestic airlines and performing the necessary maintenance work to get them back into the skies under new ownership.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com