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October 10, 2008 European Regional Growth Slows
Following in the footsteps of their American counterparts European regional growth slowed to a point not seen since 9/11, according to the European Regions Airlines Association (ERA) which convened this week for its general assembly. Passenger growth in the first half grew 3.7 percent, the lowest since 2001 when growth was only 3.4 percent. The first half growth compares to the 7.7 percent growth experienced in the year-ago period. For a complete report see the next issue of Regional Aviation News.
RAA Blasts DOT Slot Decision
The Regional Airline Association blasted the Department of Transportation's decision to move forward with slot confiscation at New York metropolitan airports. The announcement comes as a crushing blow to smaller communities across the nation, said the organization, adding slot auctions will result in “devastating service losses.”
“DOT’s scheme will leave small communities disconnected as airlines, struggling with higher costs and reduced points of access to the system, will be forced to reduce service at smaller markets to focus on more profitable routes between large cities,” said President Roger Cohen. “In fact, a recent study by the NY and NJ Port Authority concluded that 25 small and medium-sized aviation markets would lose service to and from the New York metropolitan airports because auctions would force airlines to operate between large markets in order to make the slot purchase viable economically.”Daily News Archive
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- October 6, 2008
- September 29, 2008
- September 22, 2008
- September 15, 2008
- September 8, 2008
- August 25, 2008
- August 18, 2008
- August 11, 2008
- August 4, 2008
- July 28, 2008
- July 21, 2008
- July 14, 2008
- June 30, 2008
- June 23, 2008
- June 16, 2008
- June 9, 2008
- June 2, 2008
- May 26, 2008
- May 19, 2008
- May 12, 2008
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