Exact(2)
But Robert Herbst a commercial pilot who created the Web site AirlineFinancials.com, said retail therapy was not enough to solve the financial problems of airlines in the United States.
Mr. Wolf, who is 6 feet 6 inches tall and 49 years old, made his name by solving the problems of airlines that had trouble with deregulation, first as president of Republic Airlines and then as chairman of Flying Tiger International.
Similar(58)
There are the pilots' unions, which already throttled a USAir/United deal; the government; and the ego problems of airline management.
Not that long ago, the problem of airlines losing checked bags was so pervasive, it gave rise to a joke in which an airline hijacker tells the pilot, "I demand you take me to where my luggage is going".
Despite the problems of U.S. airlines, the aerospace sector is hot.
GE can capitalize on the problems of others: airlines whose slim profits depend on getting a few more turbine revolutions out of a gallon of aviation fuel; railroads feeling the pinch of pollution controls; utilities that must decide now how much to spend to comply with carbon dioxide limits a decade from now.
But because of the economic problems of the airline industry, that part of the plan is likely to be delayed.
"I'm sceptical of the success of it because I'm not sure it will address the root problems of the airline," he said.
The late 1970s and early 1980s was a time of economic problems for airlines worldwide.
Potential fliers who take to the highway instead on short hauls are only a small part of the continuing passenger traffic problem for airlines, of course.
How big of a problem for airlines is fear of terrorism?
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