Word: solon
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Dates: during 2002-2002
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Some analysts figure the budget trend will continue. Those airlines can anticipate "ongoing steady growth," says Daniel Solon at the aviation consultancy Avmark, who feels the market is there to be captured. "Look at Southwest." That low-cost U.S. airline, which launched in 1971, has not had an annual loss for 28 years...
...planes crashed. Investigators want to determine whether factors at the center - the deactivation of a crucial warning system, the instructions issued to the Russian pilot less than 50 seconds before impact and Skyguide's sub-European-standard radar system - amount to negligence. Whatever the inquiry finds, notes Daniel Solon at the aviation consultancy Avmark, "this highlights the urgency for some integrated European system of control." Planes flying through Europe negotiate among more than 60 centers that divvy up airspace along national lines (vs. just 21 centers for all of the U.S.), a complex web that costs airlines ?10 billion...
...clear security points. Even for overseas journeys, most customers are onboard within 15 minutes of their airport arrival. And if you wrap up your work early, or need to stay late, the airplane is ready when you are. "Reducing the hassle factor is a very important consideration," says Daniel Solon, an analyst at Avmark International, an aviation consultancy in London...
...Solon first noticed the trend toward private aviation in 1998, when congestion and delays at Europe's hub airports were angering "the passengers most important to [the commercial airlines'] revenues, first-class and full-fare economy flyers, the very people who are in a position to go elsewhere." Solon expects private charter services will continue to grab big chunks of the top-end commercial market, where margins are as comfortable as a first-class seat. Meanwhile, low-cost operators like easyJet and Ryanair will siphon off budget passengers. And that's a squeeze that could keep Europe's big airlines...