Hello to all on what is a drop-dead gorgeous Tuesday morning here in the DFW Metromess.
This week’s issue of PlaneBusiness Banter is now posted. Subscribers can access it here.
So what are we talking about this week? Well, considering we are headquartered in that hotbed of aviation, Dallas Ft. Worth, we talk a lot this week about the recent British invasion. Oh, that’s right. Virgin America is, er, an American company.
It was easy to forget that last week as Sir Richard Branson and the Virgin marketing machine touched down in DFW.
Yes, Virgin America launched its new service to DFW. We give you our take on the festivities.
In addition, in my column this week I take a long look at two similar and intertwined airlines — JetBlue and Virgin America.
In other news, we have a copy of the Australian Transportation Safety Bureau’s preliminary report on the Rolls-Royce uncontained engine failure on Qantas Flight 32. Let me put it this way — if there were any doubts before, it’s pretty clear Rolls-Royce has a big problem with the Trent 900 engine. Particularly the version Qantas is using on its aircraft. And yes, that particular flavor of 900 is a different configuration than the one Singapore and Lufthansa uses.
We include two of the photos from the report in this week’s issue. Not a pretty sight.
In other news, the International Air Transport Association announced that Cathay’s CEO will be taking over the helm there next year. This means we’ll have two new mouthpieces at the helm of the two biggest airline trade groups in 2011.
Fallout from the national election continues to trickle down through the industry. This week we saw shares of FedEx lead the group as analysts upgraded shares. Granted, one of the reasons shares were upgraded is an increase in industrial productivity — but the fact that proposed legislation that would have made it easier for FedEx drivers to unionize is now probably toast — a result of the changes in Washington — certainly is at play here as well.
Speaking of Wall Street, oil prices hit their highest point in more than two years on Friday. Monday, they were up again.
Not good news for those things with wings that drink millions of gallons of jet fuel for breakfast, lunch, and dinner.
And what about those Spanish Air Traffic controllers? Did you folks see how much these guys make on average? Trust me. It’s more than 99% of what airline pilots make.
It’s hell when the gravy train stops.
All of this and much more in this week’s issue of PlaneBusiness Banter.