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American, Alaska Airlines, and Southwest Airlines are the only 3 airlines that never filed for bankruptcy. Analysts say that this has left it with a higher cost structure, and estimate that American's costs would be $600 million lower if it has the contracts Delta and Continental have. Delta Airlines merger with Northwest in 2008, and the planned merger of Continental and United, does not affect American Airlines management. CEO Arpey sees American as more nimble and trying to build something profitable, and sees being smaller than these newly merged competitors an advantage. American is focussed on markets around 5 major cities- Dallas, Chicago, Los Angeles, Miami and New York. In international travel it has One World partnerships with British Airways and Japan Airlines.

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Competing effectively for passengers on Asia routes and on other global routes is critical to generate 90% of synergy savings for the new American Airlines after the merger with US Airways, says Denning. Winning passengers from Delta and United will require good execution.

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Iran attributed the shooting down of a Ukrainian passenger plane at Tehran airport to an "unintentional human error." Of the 167 passengers 82 were Iranians, 57 Canadians, and 11 Ukrainians. The plane was on Tehran Kiev flight when it was mistaken for a hostile plane.

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Airbus announces a $49 billion deal with Indigo Partners for the sale of 430 medium range A-320 aircraft. This is the biggest order ever for Airbus, allowing it to overtake Boeing in sales. Indigo partners owns Frontier Airlines and part of a Mexican airline.

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As Air Deccan goes with Kingfisher airlines, this group will intensify the competition with Jet Airways which also operates Sahara airlines, and with Indian airlines which is the smallest of the three groups. Kingfisher has promoted its brand by offering premium .meals and other features for a higher price. With rapid growth in the airplane market and bigger passenger market with the shift from rail to flights the market will continue to develop in new ways.

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Josh Gotbaum, head of the U.S. Pension Benefits Guaranty Corporation and the reorganization of American Airlines (AMR). Gotbaum's strong response made AMR reverse its decision to shift $9 billon in pension liabilities to PBGC, which would have increased PBGC's current deficit by one-third. PBGC is funded by insurance premiums paid by companies sponsoring private sector retirement plans. It has handled 10 pension defaults since 2002- nine in the airline and steel industries. It deficit stood at $26 billion in Sept. 2011, up from $23 billion the prior year. PBGC funds retirement benefits for 1.5 million people, and sends out 800,000 checks.

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Coronavirus pandemic is likely to have a permanent impact on the economy even after the pandemic has passed, says Justin Lahart in the WSJ. This is part of a 5 part series on the economic, social and cultural changes that are likely to be permanent even after the pandemic has passed. 

Working from home some of the time is likely to lead people to buy homes further into the suburbs and increase sales of country homes. People will now be able to stay longer distances from city offices and work remotely. This will change aspects of the real estate industry. Airlines are likely to see fewer passengers and some airlines may benefit at the expense of others. Even today Southwest Airlines is moving to expand, and other airlines such as Lufthansa are facing huge losses.

Tourism, travel, restaurants and some service industries are likely to be impacted more than other industries.  

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Stevenson and Gough describe the remarkable success of AirAsia under Tony Fernandes, who turned it into Asia's largest budget carrier with 43 million passengers in 2013. Fernandes acquired the airline for 1 Malaysia ringgit or 29 cents in Sept. 2001 from a Malaysian conglomerate. He is an accountant educated in Britain, originally from Goa, India, who worked as a Warner Music executive in Southeast Asia. Fernandes says he was encouraged by the founder of British budget carrier EasyJet, and hired executives from Ryanair. Expanding in Asia was accomplished with acquisitions and partial ownership in local airlines located in Indonesia, Thailand, Philippines, India, Japan and other countries. Using the Ryanair model AirAsia has maintained a low cost structure, while increasing revenues with prices for addon options such as seat selection and checkin. It has revenues of $1.1 billion and is profitable. The airline uses relatively new Airbus 320 planes that are also used by other successful budget carriers. Fernandes has a hands on style of management reflected in this account of his handling of an AirAsia accident in Indonesia in Jan. 2015....

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Anderson of Nothwest Airlines who spent 2 years at United Health now becomes next CEO of Delta Airlines which is a Northwest alliance partner along with Continental. He does not see a merger between the two as most of the benefits can be derived through the alliance.

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Lahart says Delta's move to go after Singapore Airlines 49% stake in Virgin Atlantic is the right move because of the landing rights it gains at Heathrow Airport in London. Delta is in a much better position to take advantage of the 304 takeoff and landing slots of Virgin than Singapore Airlines. It also helps ramp up the small number of 28 slots Delta holds at Heathrow, so that it can compete with American Airlines (AMR) and United on transatlantic routes.

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Most of the Aeroflot and Russian airlines fleet of planes are now grounded. The action was taken by the Russian government to prevent the seizure of Russian planes in overseas locations. 515 of 865 planes in Russian commercial airlines are under leasing arrangements, with companies leasing the planes seeking to repossess the planes as soon as possible.

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Delta, Southwest rank at the top of airlines in America for the least canceled flights and mishandled baggage. The lowest ranking from the Transportation Department was for American and United.

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The WSJ's Susan Carey interviews Alaska Airlines CEO, Brad Tilden, in June 2013. Tilden talks about the expansion to flights on the East Coast using Boeing's newer planes which do not need refueling on transcontinental flights. Alaska Airlines now flies to New York, Boston, Washington D.C , Chicago, Denver and Dallas. Alaska Airlines is strong on the West Coast and Pacific Northwest, with headquarters in Seattle. Connections with American and Delta are another asset. Management maintains good labor relations, and strives to be nimble with speedier decisionmaking than rivals.

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The Air France strike ends after 2 weeks, with the government deciding not to step in with a mediator. Air France says it will continue its strategic plan to expand budget airline Transavia, though Air France pilots would not be required to fly for Transavia. About 250 Transavia pilots will be hired as part of overall hiring of 2000 new employees, and the pilots will fly longer hours at less pay than the current pay and hours of Air France pilots. About 35 single-aisle Boeing 737 jets will be added for Transavia. No Transavia base of operations will be setup outside Netherlands and France, such as ones planned for Portugal to reduce costs. About 40% of the European air travel market is now with budget airlines. The strike cost Air France about $25 million a day for 2 weeks.

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As corporate America takes stock of the damage it finds on April 12, 2020-

270 companies have draw on existing credit lines or added ones for a total $221 billon in new debt.

100 companies furloughing 3 million employees.

Unemployment insurance claims filed by 17 million people.

Airlines, retail and automobiles some of the worst hit industries.

President Trump acted quickly on April 11, to save the oil and gas industry by negotiating cuts with OPEC+ so that oil prices do not collapse at the opening of markets on April 13 from the price of $22  barrel. He also pledged to save Boeing.