Business Services Industry
Airlines cut to bone in scramble for survival.
Australasian Business Intelligence, October, 2001
Oct 5, 2001 (The Australian
ABIX via COMTEX) -- Regional air carriers are dropping services to Australia as part of their strategies to remain profitable. With the air travel market in a slump after terrorism incidents in September 2001, Malaysian Airline Systems (MAS), Japan Airlines, All Nippon Airways and United Airlines are reducing their routes. MAS has dropped 12 destinations, including flights to Europe, the US and Australasia. Japan Airlines intends to cut its trans-Pacific route capacity by 24. Internationally, the Swissair group is in trouble, posing a risk of collapse for Belgian carrier Sabena.
MALAYSIAN AIRLINE SYSTEMS: JAPAN AIRLINES COMPANY LIMITED: UNITED AIRLINES: ALL NIPPON AIRWAYS COMPANY: SWISS AIR TRANSPORT COMPANY LIMITED: SABENA...
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