Quote:
Originally Posted by STIOP
Hey Guys......
With all this new Dominican airlines coming out now (supposedly) i have to ponder this.......
Aloha Airlines just announced that it will cease operations a couple of days ago.. today we learn that ATA (one of the few airlines that operate Boeing's 757-300) has filed for bankruptcy and will also cease operations. Also Delta Airlines is downgrading a bunch of routes, laying of thousands of workers and simplifying their routing system.
This begs my question. How are our up and coming airlines going to handle their beginnings in this very bad time to start an in the airline business??.....
Delta Airlines has already posted a downgrade in flights all trhu the summer into their withdrawal from JFK-STI in September. Delta will NOT fly daily to STI beginning this month all the way to September.... This worries me as a Dominican that enjoys air travel and works in the business too.
I just hope that our airlines can make it.... will they??????
Regards...
STIOP
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Yes, very bad timing, unless they have a magic way of turning a profit in a $105-110/barrel of oil economy.
Yes, in the past week, 2 airlines ceased operations. I'm sure they tried all means to stay operational.
Delta's moves in regards to the DR appear to be a response to the market (fuel costs), seasonal travel flows to/from the DR, the issues with the JFK-SDQ route, as well as making preps for the possible merger/takeover of Northwest. I wouldn't be worried long-term.