Hello everyone. Wow. What a day. Just as we posted this week’s issue of PlaneBusiness Banter, new important information has been published concerning the mysterious disappearance of Malaysia Airlines Flight 370. No surprise that the latest news comes yet again from Jon Ostrower and Andy Pasztor at The Wall Street Journal.
Jon and Andy, who have been the ones to break the story on this situation almost all week, just did it again as we published PBB. They have gone with a story in which they report,
“Officials suspect two different systems were shut off after the plane took off last weekend, one shortly after the other, people familiar with the investigation said. About an hour into the flight, the plane’s transponders stopped functioning, making it much more difficult for air-traffic control personnel to track or identify it via radar.
In the ensuing minutes, a second system sent a routine aircraft-monitoring message to a satellite indicating that someone made a manual change in the plane’s heading, veering sharply to the west. Such a turn wouldn’t have been part of the original authorized route programmed in the flight-management computer that controls the autopilot. Those system-monitoring messages are suspected to have been disabled shortly afterward, according to some of these people.”
This news comes after it was Jon and Andy who broke the story that there was evidence the aircraft had deviated from its original course and veered sharply west, after communications ended with civilian authorities.
I’m proud to call Jon a friend.
That’s a long way of saying — if you really want to know what is going on with this situation listen to Jon and Andy when they are on television being interviewed or read their stories. They are working the story like stories should be worked.
Okay, I’ll shut up now.
Speaking of stories, this week a lot of airline CEOs were in New York telling their stories to investors as JP Morgan held their annual airline, transportation, and industrials conference. Unlike years ago, however, they were anything but sob stories.
The biggest news for us out of the conference? No other major airline is guiding to a substantial reduction in revenues as a result of the winter weather cancellations. Except for the one we already knew about — United Airlines.
Delta Air Lines, in fact, upped some of their guidance. American Airlines says RASM should come in between 2% and 4% as they had already guided. Southwest said their quarter is still on track.
So the question remains — what’s the problem with United?
Speaking of, this week we welcome back contributing editor Brett Snyder, who returns with yet another Cranky Analysis. This week he looks at the Denver market. We know that Southwest now has the largest market share in the market, but have they been able to snatch any of United’s higher yielding revenue? The answer, and our look at a number of routes out of Denver surprised us.
All this, and much, much, more in this week’s issue of PlaneBusiness Banter.
If you will excuse me now, I am off to San Diego for this year’s ISTAT Conference. Can’t wait to see some of our subscribers there. Have a great weekend everyone!