Word: bisignani
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...expand its reach with U.S. passengers. On April 14, Delta and Northwest agreed to a $3 billion merger, and a Continental-United union could be next. "Foreign carriers are merging to grow larger and financially stronger, and U.S. carriers have to match that to remain competitive," says Giovanni Bisignani, head of the International Air Transport Association...
...survived the four horsemen of the apocalypse - SARS, conflict in Iraq, terrorism and the economy," said Giovanni Bisignani, head of global airline-industry group IATA, last year. "But a fifth horseman, the price of oil, could deny us profitability yet again." Not in Ryanair's case. The Dublin-based budget airline's fuel bill doubled in the six months to October, but it still cheered earnings of $277 million last week, a year- on-year rise of 18%. CEO Michael O'Leary's course of squeezing nonfuel costs and pushing up passenger volumes will "see [Ryanair] through an awful...
...GIOVANNI BISIGNANI, head of the International Air Transport Association, on Brussels ' move to boost compensation for delayed flights
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