LYCOS RETRIEVER
Airline
built 655 days ago
After four years of successful operations, the airline was sold off to venture capitalists 3i and later merged with EasyJet. Ayling ... sought a reduction of capacity, cancelling Boeing 747-400 orders in favour of the Boeing 777 and rationalising BA's short-haul fleet with an order for the Airbus A319/A320/A321 family.
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Early in 1958, Ching became the airline's president and chief executive officer, while Tongg stayed on as chairman. The first thing Ching did was change the airline's name, and the company became simply Aloha Airlines.
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While this initiative was in process, in the follow-on Gerald Ford Administration, the United States Senate Judiciary Committee, which had jurisdiction over the antitrust laws, a part of competition law, began 1975 hearings on airline deregulation. Senator Ted Kennedy took the lead in these hearings. This committee was deemed a more friendly forum than the more appropriate place, the Aviation Subcommittee of the Commerce Committee. The Gerald Ford Administration supported this initiative.
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[O]f the imbalance between premium and claims, Aon expects there to be additional focus on airline insurance portfolios within the market during 2008. There is unlikely to be a rapid reduction in underwriting capacity as a result of one poor year, but if the trend extends into a second year, it may become a significantly tougher market in 2009.
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The indictments came after years of complaints by mechanics for the financially troubled airline who claimed that pressures to cut costs led to maintenance shortcuts and falsification of maintenance records. In January 1991, Eastern ceased operation.
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Every airline is different, and PRISM recognizes that integration must be compatible with existing systems and business practices. PRISM works closely with airline customers to tailor a custom solution to their requirements.
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