The Role and Impact of Low Cost Carriers
|
|
- Jean Bailey
- 7 years ago
- Views:
Transcription
1 The Role and Impact of Low Cost Carriers William S. Swelbar Managing Director MIT Global Airline Industry Program March 26, 2002
2 Introduction and Topics to be Covered! Low Fare/Niche segment is less of a topic without the deterioration of profitability that began in 1998, and the market opportunities presented after 9/11.! Each of the network carriers placed a capacity reduction bet on 9/12: How much was too much how little was too little? Either way, the low cost segment had/has a solid platform to grow from.! The cuts in the West would appear to only make a bad situation for the network carriers grow worse.! Low Fare/Niche carrier growth has continued to penetrate the largest U.S. markets, and no region of the U.S. is immune.! The RJ is the low cost growth vehicle for the network carriers Let s just call a spade a spade.
3 15-Year Cycles; 15-Year Bubbles The Low Fare/Niche-Oriented Carriers and Regional (Small) Jets Have Already Begun Redesigning the New Competitive Landscape 30% 25% Share of Total ASM Growth 20% 15% 10% 5% 0% -5% Technology-Driven Capacity Growth Competition-Driven Capacity Growth -10% -15% % Change in Average Seats % Change in Average Stage Length % Change in Scheduled Departures
4 Where Has the Revenue Gone? U.S. Scheduled Airlines Domestic Operations 30% Recession 80% 25% 20% Average Load Factor 54% Average Load Factor 63.9% 70% 60% 15% 50% 10% 40% 5% 30% 0% 20% -5% 10% -10% Y-O-Y Change in ASMs Y-O-Y Change in RPMs Load Factor 0%
5 Deterioration of the Network Carriers Profitability Began as Early as ,000 Network Carrier Operating Profits 12 Months Moving Total 500 Sequential Change in Network Carrier Operating Profits 12 Months Moving Total $Millions 7,000 6,000 5,000 4,000 3, ,000-1,500 YE3q98 YE4q98 YE1q99 YE2q99 YE3q99 YE4q99 YE1q00 YE2q00 YE3q00 YE4q00 YE1q01 YE2q01 $Millions 2,000-2,000 1,000-2, ,000 YE3q98 YE4q98 YE1q99 YE2q99 YE3q99 YE4q99 YE1q00 YE2q00 YE3q00 YE4q00 YE1q01 YE2q01-3,000-3,500 Source: DOT Form 41
6 The Underlying Economics Have Not Favored the Network Carrier Segment for Sometime Overcapacity? 15.0% Critical Indices Underlying the Industry s Operating Performance Network Carriers Percent Change 1 st st Half 2001 vs. 1 st st Half % Low Fare/Niche Carriers Percent Change 1 st st Half 2001 vs. 1 st st Half % 10.0% 8.2% 10.0% 5.0% 0.0% -5.0% -10.0% -15.0% 1.6% -3.9% Network Carrier Operating Profit Change: -$5.0B -11.8% ASMs Rev/ASM Cost/ASM OP. Margin (Pts. Change) 5.0% 0.0% -5.0% -10.0% -15.0% 0.5% Low Fare/Niche Carrier Operating Profit Change: $33.7M -1.3% -0.8% ASMs Rev/ASM Cost/ASM OP. Margin (Pts. Change) Note: Network carriers include American/TWA, America West, Continental, Delta, Northwest, United, and US Airways. Note: Low Fare/ Niche carriers include Alaska, JetBlue, Frontier, AirTran, Spirit, American Trans Air, Southwest, and Midwest Express.
7 Assessing the Network Carrier Response: Which Hubs and Network Carriers Cut the Deepest Immediately Following 9/11? -18% -13% -10% -9% -8% -5% -20% 0% United LAX -22% SFO -22% IAD -19% DEN -17% ORD -12% Northwest MEM -21% MSP -12% DTW -11% American/ TWA MIA -12% ORD -12% DFW -8% STL -7% US Airways PHL -11% CLT -9% PIT -7% Continental EWR -17% IAH -4% CLE -1% Delta JFK -29% DFW -8% ATL -5% SLC +1% CVG +4% Note: Changes in carrier service reflect total; changes in hub service reflect nonstop only. Source: Eclat Air Service Model, November 2001 vs. September 10, 2001
8 A Competitive Reality The Low Fare Carriers Had Built a Strong Base of Traffic Prior to 9/11 90,000,000 Low Fare Carriers Out-Carry Every Major Network Carrier at the Cities They Serve in Common 80,000,000 70,000,000 Annual Passengers 60,000,000 50,000,000 40,000,000 30,000,000 20,000,000 10,000,000 0 AA & TWA HP CO DL NW UA US Hub Carrier Low Fare Carriers
9 The Reality Low Fare Carrier Penetration Has Pierced Many of the Network Industry Strongholds Core 48 State Cities Served by Low Fare Carriers* 1997 (89 Cities) PDEWs 2001 (82 Cities) PDEWs 4-Year Growth Percent All Network Carriers Average 7,073 7, % Low Fare Carriers Average 1,787 2, % * Cities with at least 20 PDEWs for Low Fare Carriers
10 Low Fare Penetration in Top 10 CMSA Markets Note the Migration from West to East Total San Francisco 33% San Francisco 4% San Jose 43% Los Angeles 25% Oakland 69% Long Beach 5% Total Los Angeles 35% Burbank 70% Ontario 61% Large Hub Medium Hub Small Hub Orange County 25% Total Houston 31% Total Dallas/Ft. Worth 23% Total Chicago 17% Chicago (ORD) 0.3% Dallas/Ft. Worth (DFW) 2% Dallas/Ft. Worth (DAL) 94% Houston (IAH) 3% Houston (HOU) 78% Atlanta 12% Manchester 20% Total Washington 18% Total Boston 9% Boston 3% Westchester County Providence Newark Islip 20% Philadelphia 2% 55% New York (JFK) 24% 3% New York (LGA) 4% Chicago (MDW) Washington (IAD) 3% 78% Washington (DCA) 3% Washington (BWI) 41% Total New York 8%
11 The Low Fare/Niche Carrier Segment: They Keep Growing Because They Can -12% +5% -21% +16% +35% +20% +17%
12 A Constant Reminder: IT Keeps Growing Because IT Can
13 Low Fare Carrier Market Penetration Has Been Greatest in the Largest U.S. Markets Since 9/11 Total Service In Markets Low Fare Carrier Service Points Change Large Hubs -12.9% +0.7% +2.1% Medium Hubs -10.0% +0.1% +3.3% Small Hubs -9.7% +3.9% +2.3% Non Hubs -12.5% -9.1% +0.7% We estimate that the Low Fare/Niche carrier segment of the industry has captured 2.4 points of domestic market share in the past 6 months
14 The Low Fare/Niche Carrier Segment of the Industry Has Increased Its Share of Service in Every U.S. Region Since 9/11 March 2002 September % 14.3% March % March % Sept % +2.2 pts. September 10.9% % 6% 12% 18% 24% 30% 36% 42% 0% 6% 12% 18% 24% 30% 36% 42% March 2002 September % 32.4% 0% 6% 12% 18% 24% 30% 36% 42% +5.4 pts. March % 6% 12% 18% 24% 30% 36% 42% March 2002 September % 15.5% 13.3% +2.2 pts. September % 0% 6% 12% 18% 24% 30% 36% 42% 0% 6% 12% 18% 24% 30% 36% 42%
15 Capacity Growth by the Low Fare/ Niche Carrier Segment is Forcing the Hand of the Network Carriers The Difference Between Capacity Reductions and Network Effect is Evident -21% -14% -10% -6% -3% +5% 0% United LAX -32% SFO -27% IAD -25% DEN -20% ORD -9% US Airways PHL -4% CLT -6% PIT -11% American/ TWA MIA -10% ORD -11% DFW -7% STL -11% Northwest MEM -23% MSP -3% DTW -2% Continental EWR -12% IAH -4% CLE +10% Delta JFK -27% DFW+20% ATL +3% SLC +2% CVG +11% Note: Changes in carrier service reflect total; changes in hub service reflect nonstop only. Source: Eclat Air Service Model, March 2002 vs. September 10, 2001
16 Network Carrier Exposure to Low Fare Carrier Competition Generally, and Southwest Specifically Increased Exposure Since 9/11 Delta American US Airways Low Fare Index (Delta = 100 ) Delta American US Airways Decreased Exposure Since 9/11 Continental United Continental United Exposure Unchanged Since 9/11 Northwest Northwest Percent exposure to Southwest Exposure to low fare competition
17 The Network Carriers Low Cost Competitive Weapon
18 How the Network Carriers Utilize Their Respective Regional Jet Fleets 1 st Quarter 2002 vs. 2 nd Quarter % 80% 70% 60% 50% 40% 30% 20% 10% 0% New AA CO DL NW UA US Average 43.0% 45% 40% 35% 30% 25% 20% 15% 10% 5% 0% Replace Jet AA CO DL NW UA US Average 23.6% 16% Replace Turbo 80% Supplement Jet 14% 70% 12% 10% Average 9.0% 60% 50% 8% 40% 6% 4% 30% 20% Average 21.3% 2% 10% 0% AA CO DL NW UA US 0% AA CO DL NW UA US
19 Regional Jet Contribution to Mainline Network Nearly Everyone Uses Them Differently 250, ,000 RJs Turboprops 150, ,000 50,000 0 Delta US Airways Northwest United American Continental Revenue: $3.3 $1.8 $0.7 $1.6 $2.0 $1.6 ($ Billions) Network Presence: 64% 73% 91% 35% 45% 63% Regional Contribution: 64% 65% 64% 79% 90% 77%
20 American s Non-Hub Flying With RJs Non-Mainline Markets With Strategic Value to the Overall Network Bangor Oakland Detroit Cleveland Columbus Pittsburgh Portland Boston Providence Hartford Westchester Co. New York-LGA New York-JFK Newark Philadelphia Baltimore Washington-DCA Washington-IAD Richmond Norfolk Los Angeles Nashville Raleigh/Durham Phoenix Albuquerque Fayetteville Post-9/11 Capacity Reductions by Region -15% or More -10% to -14% -5% to -9% 0% to -4% Ft. Lauderdale
21 Deployment of RJ Capacity Since 9/11 Is This US Airways Network or Delta s? Halifax Montreal Bangor Toronto Albany Portland Boston Kansas City Grand Rapids Chicago South Bend Indianapolis Wilkes Barre Detroit Toledo Pittsburgh Cincinnati New York-LGA Newark Allentown Philadelphia Harrisburg Baltimore Evansville Huntington Charleston Newport News Charlottesville Post-9/11 Capacity Reductions by Region -15% or More -10% to -14% -5% to -9% 0% to -4% San Antonio Oklahoma City Dallas/Ft. Worth Texarkana Monroe Mobile Baton Rouge Houston-Hobby Houston-IAH Corpus Christi Nashville Tri-Cities Memphis Huntsville Atlanta Asheville Augusta Dothan Albany Brunswick Jacksonville Pensacola Tallahassee Orlando Raleigh/Durham Florence
22 Conclusions/Questions! Over the most recent past, the Low Cost/Niche carriers have measurably increased their share of the domestic market. In just the past six months, they have potentially increased their share 2.5 points.! The network carriers fear of significant encroachment is underscored by the capacity expansions announced by the largest carriers.! The influence of the low cost carriers in the West was significant, and further inroads have been made since 9/11.! Likewise, the low fare segment has increased its presence significantly along the East Coast over the past six months a trend that will continue.! Also, the growth of the mid-continent hubs by the low fare segment should be a concern, as pricing discipline will only increase. This growth will undermine pricing in the transcon market, which will be an important footnote in a bankruptcy filing or a loan guarantee application.
23 Eclat Consulting, Inc Wilson Boulevard, Suite 602 Arlington, VA USA Telephone Facsimile
MKE Air Service Update. 2015 mitchellairport.com
MKE Air Service Update 2015 mitchellairport.com Welcome to the 2015 MKE Air Service Update Mitchell Airport (MKE) is an important economic engine for our region and serves more than 6.5 million passengers
More informationTAMPA INTERNATIONAL AIRPORT
Albany Southwest Airlines 73W 332 0900 1150 1,130 143...7 Albany Southwest Airlines 73W 1811 0900 1150 1,130 143 12345.. Albany Southwest Airlines 73W 6066 1110 1400 1,130 143...6. Atlanta Delta Air Lines
More informationTau Beta Pi Convention Bid Basic Information
City: Dates (Thursday-Saturday) Support Nearest chapter(s) Pledge support (volunteers)(y/n) NV Beta Convention & Visitors Bureau (Y/N) CVB website Transportation Airport Closest airport (code) Las Vegas
More informationCharleston to Houston (Hobby) CHS - HOU 1 0-1 Chicago Midway to Austin MDW - AUS 3 2-1 Chicago Midway to Boston Logan MDW - BOS 4 3-1 Chicago Midway
Southwest January 2016 Frequencies by Direction - CHANGED Markets ONLY Listed January 2016 Base Market Changes effective January 6, 2016 Weekday frequency with the exception of NEW Saturday only markets
More informationLodging, Rental Car and Meal Taxes on Travelers in the Top 50 U.S. Cities
Lodging, Rental Car and Meal Taxes on Travelers in the Top 50 U.S. Cities July 2008 Prepared by: American Economics Group, Inc. TABLE OF CONTENTS EXECUTIVE SUMMARY...3 TABLES: COMBINED TAXES ON LODGING,
More informationData Sources (Domestic)
The Hot Stuff on Airline Recruiting 2008 ACI-NA Air Service Data & Planning Seminar ACI-NA Air Service Data & Planning Seminar January 24-25, 25, 2008, in New Orleans Overview of O&D 2008 and T-100 ACI-NA
More informationAirportInfo. Airline Mergers & Acquisitions
AirportInfo Airline Mergers & Acquisitions July Airline Mergers & Acquisitions (M&A) In the last few years, the United States has held the lead in airline mergers and acquisitions (M&A). Airlines engage
More informationANNUAL STATISTICAL REPORT FISCAL YEARS ENDED SEPTEMBER 30, 2001 to 2010
Aviation Department Finance Division Fort Lauderdale Hollywood International Airport 100 Aviation Blvd. Fort Lauderdale, FL 33315 Phone: 954-359-6128 Fax: 954-359-1293 ANNUAL STATISTICAL REPORT FISCAL
More informationAN APPROACH TO INCORPORATING DEMAND UNCERTAINTY IN NAS-WIDE MODELING
AN APPROACH TO INCORPORATING DEMAND UNCERTAINTY IN NAS-WIDE MODELING William Baden, Glenn Foster, David Millner, George Solomos Center for Advanced Aviation System Development (CAASD) The MITRE Corporation
More informationDaniel G. Fry Massachusetts Institute of Technology December, 2013
Daniel G. Fry Massachusetts Institute of Technology December, 2013 } Announced in April of 2008 } Delta Air Lines acquired Northwest Airlines in October of 2008 } Integration of airlines complete in January
More information1 of 14 1/9/2011 4:57 PM
1 of 14 1/9/2011 4:57 PM 4:32 p.m. Denver time Sunday, January 9, 2011 Home Contacts Feedback Doing Business With DIA Follow Us On Search FLIGHTS & AIRLINES PARKING GROUND TRANSPORTATION TRAVELER INFORMATION
More informationAir Access Report April 2016 to June 2016
Air Access Report April 2016 to June 2016 PUERTO RICO S MAIN AIRPORTS Luis Muñoz Marín International Airport (SJU) in Carolina/San Juan metro area (main airport) - Owned by the Puerto Rico Ports Authority
More informationAirport Code Alaska Airlines American Airlines Delta Hawaiian Airlines JetBlue Southwest United Airlines US Airways Virgin America
Guide Code Alaska Airlines American Airlines Delta Hawaiian Airlines JetBlue Southwest United Airlines US Airways Virgin America Akron-Canton CAK 4:00 4:00 Main Main Albany International Albuquerque International
More informationFOOD/BEVERAGE AND RETAIL CONCESSION PERFORMANCE ASSESSMENT DALLAS/FORT WORTH INTERNATIONAL AIRPORT. Final Presentation
FOOD/BEVERAGE AND RETAIL CONCESSION PERFORMANCE ASSESSMENT DALLAS/FORT WORTH INTERNATIONAL AIRPORT Final Presentation Purpose of Study Review DFW food/beverage and retail concession financial results and
More informationRankings of Major U.S. Airports. Total Passengers 2014
Rankings of Major U.S. Airports Total Passengers Total Passengers (Millions) 1 Hartsfield Atlanta Int'l (ATL) Atlanta 96.2 1.9 2 Los Angeles Int'l (LAX) Los Angeles 70.7 6.0 3 O'Hare Int'l (ORD) Chicago
More informationCommunicating the Air Service Reality ACI-NA Marketing & Communications Conference
HVN Communicating the Air Service Reality ACI-NA Marketing & Communications Conference Tom Reich, Director or Air Service Development November 10, 2015 Communicating the Air Service Reality New Haven,
More informationMaster Plan Update Meeting April 11, 2012. Vision 2020 Master Plan Update Public Meeting
Vision 2020 Master Plan Update Public Meeting 1 Welcome First of three community meetings Introductions Staff Consultants Participants Your input is important - Please hold your questions and comments
More information2015 U.S. TOURISM QUALITY PERFORMANCE REPORT RESONANCE REPORT
2015 U.S. TOURISM QUALITY PERFORMANCE REPORT RESONANCE REPORT RESONANCE CONSULTANCY CREATES DEVELOPMENT STRATEGIES, PLANS, AND BRANDS THAT SHAPE THE FUTURE OF PLACES AROUND THE WORLD. Our team has advised
More informationSouthwest June 2016 Frequencies by Direction - Changed Markets ONLY June 2016 Base Market Changes effective June 5, 2016 Compared to April 2016 Base
Southwest June 2016 Frequencies by Direction - Changed Markets ONLY June 2016 Base Market Changes effective June 5, 2016 Compared to April 2016 Base City Pair (Directional - Oneway) Market April-16 June-16
More informationSPIRIT AIRLINES NONSTOP AND LIMITED DIRECT FLIGHT TIMETABLE EFFECTIVE APRIL 16, 2015
TIMETABLE NEW SERVICE STARTING APRIL 16, 2015: BOSTON TO CLEVELAND, DETROIT, AND LAS VEGAS CHICAGO TO PHILADELPHIA AND SAN DIEGO; DENVER TO LOS ANGELES HOUSTON TO OAKLAND/SAN FRANCISCO BAY; LATROBE/PITTSBURGH
More informationTIMETABLE NEW SERVICE STARTING MAY 28, 2015 FROM HOUSTON TO MANAGUA, SAN JOSE, SAN PEDRO SULA, AND SAN SALVADOR
TIMETABLE NEW SERVICE STARTING MAY 28, 2015 FROM HOUSTON TO MANAGUA, SAN JOSE, SAN PEDRO SULA, AND SAN SALVADOR NEW SERVICE STARTING JUNE 18, 2015 FROM ATLANTA TO BALTIMORE/WASHINGTON DC, PHILADELPHIA,
More informationSTARTING JANUARY 6, 2015 NEW SERVICE BETWEEN DENVER AND SAN DIEGO
TIMETABLE NEW SERVICE FROM CLEVELAND: STARTING JANUARY 15, 2015 TO FORT MYERS, ORLANDO, AND TAMPA STARTING FEBRUARY 5, 2015 TO DALLAS/FORT WORTH, FORT LAUDERDALE, AND LAS VEGAS STARTING APRIL 16, 2015
More informationCity of Dallas Aviation. Love Field Gate Leases Transportation & Trinity River Project Committee 28 April 2014
City of Dallas Aviation Love Field Gate Leases Transportation & Trinity River Project Committee 28 April 2014 1 Background Dallas Love Field 20 gates (per the five-party agreement and Wright Amendment
More informationMinneapolis- St. Paul Detroit. Cincinnati. Memphis Atlanta
Delta Air Lines U.S. Hub Cities Salt Lake City Minneapolis- St. Paul Detroit Cincinnati New York (JFK) Memphis Atlanta Delta Serves: International Destinations 49 Domestic Destinations 64 Countries (September
More informationList of newspapers in the United States by circulation - Wikipedia, the free encyclopedia
List of newspapers in the United States by circulation From Wikipedia, the free encyclopedia This is a list of the top 100 newspapers in the United States by daily circulation for the six month period
More informationAmerican Seating BAE Systems DuPont Meritor Orion Oriskany Manufacturing Technologies Structural Composites Industries Vapor Bus International
Cover photo of Orion hybrid-electric bus courtesy of New York City Transit Sponsored by American Seating BAE Systems DuPont Meritor Orion Oriskany Manufacturing Technologies Structural Composites Industries
More informationTIMETABLE SPIRIT AIRLINES NONSTOP AND LIMITED DIRECT FLIGHT TIMETABLE EFFECTIVE DECEMBER 19, 2013
TIMETABLE NEW WINTER/SPRING SERVICE: MINNEAPOLIS-ST.PAUL TO ORLANDO, TAMPA, PHOENIX AND LOS ANGELES CHICAGO O'HARE AND DENVER TO PHOENIX DALLAS/FT. WORTH TO CANCUN AND LOS CABOS, MEXICO AVAILABLE NOW AT
More informationAppendix A. Entities Participating in WIST Needs Identification and Validation
Weather Information for Surface Appendix A Entities Participating in WIST Needs Identification and Validation A - 1 Federal Departments and Agencies Road Rail Sectors Department of Federal Aviation Administration
More informationTRANSPORTATION & COMMUNICATIONS NETWORK
TRANSPORTATION & COMMUNICATIONS NETWORK Located in the heart of the Midwest, the Columbus Region provides easy access to major national and global markets. In fact, Inbound Logistics ranked Columbus as
More information2015 NFL Annual Selection Meeting R P O CLUB PLAYER POS COLLEGE ROUND 2
ROUND 2 2 1 33 TENNESSEE 2 2 34 TAMPA BAY 2 3 35 OAKLAND 2 4 36 JACKSONVILLE 2 5 37 NEW YORK JETS 2 6 38 WASHINGTON 2 7 39 CHICAGO 2 8 40 NEW YORK GIANTS 2 9 41 ST. LOUIS 2 10 42 ATLANTA 2 11 43 CLEVELAND
More informationFederal Aviation. Administration Wake Turbulence Program - Recent Highlights
Wake Turbulence Program - Recent Highlights Jeffery Tittsworth (FAA) Steven Lang * (Volpe) Edward Johnson (FAA) Steve Barnes (FAA Retired) WakeNet-Europe Workshop 2013 15-16, May 2013 STAC Bonneuil-sur-Marne,
More informationConstruction Initiative: Distribution of $24.8 Billion In Bonding Authority Initial Estimates for H.R. 4094
Alabama Alaska Arizona Arkansas California SEA Allocation 208,207 Birmingham City 33,463 Mobile County 51,654 Montgomery County 21,960 QZABS 39,638 Total 354,922 SEA Allocation 47,418 Total 53,398 SEA
More informationVehicle Rentals Enterprise Rent-a-Car
Updated: January 2014 Vehicle Rentals Enterprise Rent-a-Car The contract between the University of Saskatchewan and Enterprise-Rent-a-Car is in effect until January 1, 2018. Contract Highlights 1. Free
More informationAPPENDIX 1: SURVEY. Copyright 2010 Major, Lindsey & Africa, LLC. All rights reserved.
APPENDIX 1: SURVEY Major, Lindsey & Africa Partner Compensation Survey (2010) Dear : Major, Lindsey & Africa invites you to participate in our 2010 MLA Partner Compensation Survey. This Survey, which is
More information2010 Allocations to States of Volume Cap for Qualified School Construction Bonds
2010 Allocations to States of Volume Cap for Qualified School Construction Bonds Total Dollar Allocation by State/ State/Territory Territory Alabama 140,453,000 Alaska 28,163,000 Arizona 171,115,000 Arkansas
More informationZurich Staff Legal. Experienced. Collaborative. Focused on Results.
Zurich Staff Legal Experienced. Collaborative. Focused on Results. Staff Legal How We Deliver We are located where you need us, with more than 250 attorneys in our national network of 48 offices that cover
More informationOver-The-Road-Bus Security Initiatives
SENSITIVE SECURITY INFORMATION Over-The-Road-Bus Security Initiatives SURFACE DIVISION Office of Security Policy and Industry Engagement Ken Ward Transportation Security Specialist Industry Engagement
More informationNational Property Type Cycle Locations. Industrial R&D Flex Retail Factory Outlet. 4th Qtr 2015. Source: Mueller, 2016
Cycle Monitor Real Estate Market Cycles Fourth Quarter 0 Analysis February 0 Physical Market Cycle Analysis of All Five Major Property Types in More Than 0 MSAs. Gross Domestic Product (GDP) continued
More informationTHE COLUMBIA METROPOLITAN AIRPORT EXAMPLE
Statement of Dan Mann, AAE Executive Director, Columbia Metropolitan Airport Before the Committee on Transportation and Infrastructure Subcommittee on Aviation U.S. House of Representatives April 30, 2014
More information2017 CONCESSIONS RFP
2017 CONCESSIONS RFP Minneapolis-St. Paul International Airport Metropolitan Airports Commission 1 INTRODUCTIONS The MAC Concessions Team Eric Johnson, Director, Commercial Management & Airline Affairs
More informationEquipment Implementation Team - Chassis Presented By. Keith Lovetro Chief Executive Officer. TRAC Intermodal
Equipment Implementation Team - Chassis Presented By Keith Lovetro Chief Executive Officer TRAC Intermodal Discussion Agenda Who is TRAC Intermodal The evolution of chassis pools How d we get to where
More informationPrint from your. or Laptop. Includes devices such as BlackBerry smartphone, iphone, ipad, DROID or any Internet-enabled device. Ricoh HotSpot Printer
Ricoh HotSpot Printer Directory Print from your or Laptop. Includes devices such as BlackBerry smartphone, iphone, ipad, DROID or any Internet-enabled device. See inside for printing instructions. HotSpot
More informationRobb Kaczmarek NWS FAA Chicago Air Route ATC (Aurora)
Mike Bardou NWS WFO Chicago (Romeoville) Robb Kaczmarek NWS FAA Chicago Air Route ATC (Aurora) Chicago Aviation Support National Weather Service 1 Chicago Aviation Support National Weather Service 2 Center
More informationAtlanta Rankings 2014
Atlanta Rankings Major National Magazine and Study Rankings BUSINESS FACILITIES Metro Business Rankings Lowest Cost of Doing Business 2. Orlando, FL 3. Charlotte, NC 4. San Antonio, TX 5. Tampa, FL 6.
More informationMAMMOTH YOSEMITE AIRPORT AIRPORT LAYOUT PLAN UPDATE NARRATIVE. Appendix B Alpine Resort Air Service Overview By Kent Myers
MAMMOTH YOSEMITE AIRPORT AIRPORT LAYOUT PLAN UPDATE NARRATIVE Appendix B Alpine Resort Air Service Overview By Kent Myers Alpine Resort Air Service Overview Most resort communities involved in air service
More informationA Guide to Booking Airline Tickets Online. Volodymyr Bilotkach University of California, Irvine. Nicholas Rupp East Carolina University.
A Guide to Booking Airline Tickets Online Volodymyr Bilotkach University of California, Irvine Nicholas Rupp East Carolina University Abstract In this study, we document and analyze price offer curves
More informationTHE COST OF OPERATING A DISTRIBUTION WAREHOUSE DETAILED IN BizCosts REPORT
THE COST OF OPERATING A DISTRIBUTION WAREHOUSE DETAILED IN REPORT A new 2010 Report compares the cost of operating a typical distribution warehouse in 72 U.S locations. is a registered trademark of The
More informationTransaction Analysis by Credit Card
Credit Card Number: AXXXXXXXXXXX12006 005 7544956076 016 7544956164 32177356 CONTINENTAL 12Oct2009 VICUNA37/HEATHER C EWR AUS EWR $817.30 32177879 UNITED 13Oct2009 VICUNA37/HEATHER C ABE ORD ABE $665.00
More informationAs Flight Delays at United, American & Delta Jump, Airlines Oppose Airport Proposal for Funding that Could Be Used to Reduce Delays
Adam Yalowitz AYalowitz@unitehere.org 312-273-2569 OnTimeFlights.org Campaign for On-time Flights Policy Brief As Flight Delays at United, American & Delta Jump, Airlines Oppose Airport Proposal for Funding
More informationEthernet Access (Formerly Converged Ethernet Access) Operations Manual
Ethernet Access (Formerly Converged Ethernet Access) Operations Manual 1. Service Description. Ethernet Access (formerly known as Converged Ethernet Access or Multi-Service Ethernet Access) provides dedicated
More informationPhysical Therapy Marketing Success :: physical therapy assistant schools usa
Physical Therapy Marketing Success :: physical therapy assistant schools usa Physical Therapy Marketing Success :: physical therapy assistant schools usa Downloading From Original Website --> http://f-ebook.esy.es/ptsuccess/pdx/fph1
More informationUrban Schools Announce Unprecedented Commitment to Improve Achievement of Young Men of Color
EMBARGOED FOR RELEASE July 21, 2014 (12:30 p.m., Eastern) CONTACT: Henry Duvall (202) 393-2427 or hduvall@cgcs.org Urban Schools Announce Unprecedented Commitment to Improve Achievement of Young Men of
More informationThe Housing Downturn in the United States 2009 First Quarter Update
The Housing Downturn in the United States 2009 First Quarter Update May 2009 TABLE OF CONTENTS The Housing Downturn in the United States: 2009 First Quarter Update Introduction The Housing Downturn: National
More informationProposal under the Small Community Air Service Development Program
Proposal under the Small Community Air Service Development Program Docket DOT-OST-2012-0069 Prepared for: U.S. Department of Transportation Prepared by: DUNS Number: 156181992 Tax Identification Number:
More informationCONNECTING NETWORKS, CONNECTING PEOPLE
SOLUTIONS PORTFOLIO CONNECTING NETWORKS, CONNECTING PEOPLE At PAETEC, we believe technology should bring people together. Whether you re connecting via copper, fiber, or wireless, it s all communications.
More informationANGELOUECONOMICS 2012 INDUSTRY HOTSPOTS
ANGELOUECONOMICS 2012 INDUSTRY HOTSPOTS INDUSTRY SPECIALIZATION OF AMERICA'S 100 LARGEST METROPOLITAN AREAS INDUSTRY CLUSTERS 19-24 (of 36) ABOUT THE RANKINGS In the 21 st Century, the engines that drive
More informationDeploying Regional Jets to Add New Spokes to a Hub. Ian Savage* and Burgess Scott Northwestern University
Deploying Regional Jets to Add New Spokes to a Hub by Ian Savage* and Burgess Scott Northwestern University Correspondence Address Professor Ian Savage Department of Economics Northwestern University 2001
More informationGross Domestic Product (GDP-PPP) Estimates for Metropolitan Regions in Western Europe, North America, Japan and Australasia
Gross Domestic Product (GDP-PPP) Estimates for Metropolitan Regions in Western Europe, North America, Japan and Australasia Draft April 2007 GROSS DOMESTIC PRODUCT ESTIMATES: METROPOLITAN REGIONS In Western
More informationPreliminary world airport traffic and rankings 2013 - High growth Dubai moves up to 7th busiest airport -
Preliminary world airport traffic and rankings 2013 - High growth Dubai moves up to 7th busiest airport - Montreal, 31 March 2014 Based on reports from over 1105 airports worldwide, Airports Council International
More information2015 ESPN FULL COURT - 01/25/2015. Boston College @ Georgia Tech 1:00 PM ET ESPN PPV CH 1
2015 ESPN FULL COURT - 01/25/2015 Boston College @ Georgia Tech 1:00 PM ET ESPN PPV CH 1 ALBANY GA ALBANY SCHENECTADY TROY ATLANTA AUGUSTA BANGOR BINGHAMTON BLUEFIELD BECKLEY OAK HILL BOSTON BOWLING GREEN
More informationTransborder US Canada Roundtable
Transborder US Canada Roundtable How Passenger Leakage Affects Airports Moderated by Jack Penning Director of Market Analysis Sixel Consulting Group The Transborder Roundtable Panel Clint Ostler Manager
More informationThe Strategic Assessment of the St. Louis Region
The Strategic Assessment of the St. Louis Region 7th Edition, 2015 WHERE The 7th Edition of Where We Stand (WWS) presents 222 rankings comparing St. Louis to the 50 most populated metropolitan areas in
More informationUnderstanding the Ratings Game. Connie Ledoux Book, Ph.D. cbook@elon.edu Presentation to NATOA Annual Conference New Orleans, 2009
Understanding the Ratings Game Connie Ledoux Book, Ph.D. cbook@elon.edu Presentation to NATOA Annual Conference New Orleans, 2009 Pop Quiz Can you trust your gut instinct when it comes to television and
More informationContract Rental Car Rates Rates Current as of January 2016
Contract Rental Car Rates Rates Current as of January 2016 Enterprise/National Holdings United States Rates Sub Compact $31.50 $173.25 $639.45 Compact $32.50 $178.75 $659.75 Intermediate $34.50 $189.75
More informationDRAFT - Duke Alumni Association - DRAFT Support for and Expectation of Regional Alumni Groups
DRAFT - Duke Alumni Association - DRAFT Support for and Expectation of Regional Alumni Groups Group A Co- Chairs and executive Hold at least four board meetings per Hold at least one open board meeting
More informationDemographia United States Central Business Districts (Downtowns)
Demographia United States Central Business Districts (Downtowns) With Data for Selected Additional Employment Areas 3d Edition March 2014 Data from CTPP 2006-10 Demographia United States Central Business
More informationWHERE DEALS GET DONE.
WHERE DEALS GET DONE. MANUFACTURING DISTRIBUTION Why are our results better? Because our approach is. Flexibility. Experience. Commitment. That s What Sets Us Apart. At PNC Business Credit, we know how
More informationUSER S GUIDE. Country Career Guide and USA/Canada City Career Guide. Combined Premium Collection
USER S GUIDE Country Career Guide and USA/Canada City Career Guide Combined Premium Collection Table of Contents Country Career Guides... 3 USA & Canada City Career Guides... 4 Browsing the Going Global
More informationDepartment of Veterans Affairs Quarterly Notice to Congress on Data Breaches Third Quarter of Fiscal Year 2015 April 1, 2015 through June 30, 2015
VHA 4/1/15 VISN 01 Boston, MA 1 0 4/15/15 VISN 01 Boston, MA 1 0 4/22/15 VISN 01 Boston, MA 10 0 4/24/15 VISN 01 Boston, MA 1 0 4/27/15 VISN 01 Boston, MA 0 1 4/29/15 VISN 01 Boston, MA 0 1 4/30/15 VISN
More informationFinancial Management. Managing for Results in America s Great City Schools -- A Case Study in the Area of Accounts Payable
C G C S C A S E S T U D Y TM Financial Management Managing for Results in America s Great City Schools -- A Case Study in the Area of Accounts Payable March 2012 About the Performance Measurement and Benchmarking
More informationNational Property Type Cycle Locations. Hotel Full-Service Hotel Ltd. Service Retail 1st Tier Regional Mall. Retail Neighborhood/Community
Cycle Monitor Real Estate Market Cycles Fourth Quarter 0 Analysis February 0 Physical Market Cycle Analysis of All Five Major Property Types in More Than 0 MSAs. U.S. GDP growth of.% was more than double
More informationInformation About Filing a Case in the United States Tax Court. Attached are the forms to use in filing your case in the United States Tax Court.
Information About Filing a Case in the United States Tax Court Attached are the forms to use in filing your case in the United States Tax Court. It is very important that you take time to carefully read
More informationDo you have a. Do you need to fuel expansion? Recapitalize your business? Turn a struggling enterprise around? Acquire a company?
DONE DEALS 2011 THE capital YOU NEED TO MOVE AHEAD manufacturing Do you need to fuel expansion? Recapitalize your business? Turn a struggling enterprise around? Acquire a company? distribution business
More informationWWW.IMMIGRANTJUSTICE.ORG/KIDS
On the following pages you will find addresses for: Dept. of Justice Immigration Courts AND Dept. of Homeland Security Offices of Chief Counsel (OCC) DISCLAIMER: The most current addresses for DOJ Immigration
More informationMedian, all 176 cities 21.1%
with no Internet access Median, all 176 cities 21.1% Laredo city Texas 65,685 26,376 40.2% 1 Detroit city Michigan 255,322 101,923 39.9% 2 Hialeah city Florida 70,280 27,648 39.3% 3 Birmingham city Alabama
More informationHistory of the Slot Exchange Market in the US and Some Implications
History of the Slot Exchange Market in the US and Some Implications Presented to: Nextor Workshop on Allocation and Exchange of Airport Access Rights 6 June 2007 Frank Berardino 115 West Avenue Jenkintown,
More informationIRS ISSUES FINAL REGULATIONS FOR COMPARATIVE EFFECTIVENESS RESEARCH FEES
HUMAN CAPITAL PRACTICE ALERT: HEALTH CARE REFORM BILL February 2013 www.willis.com IRS ISSUES FINAL REGULATIONS FOR COMPARATIVE EFFECTIVENESS RESEARCH FEES Final regulations on the fee to fund the Patient
More informationUNITED STATES OF AMERICA DEPARTMENT OF TRANSPORTATION OFFICE OF AVIATION ENFORCEMENT AND PROCEEDINGS WASHINGTON, DC.
UNITED STATES OF AMERICA DEPARTMENT OF TRANSPORTATION OFFICE OF AVIATION ENFORCEMENT AND PROCEEDINGS WASHINGTON, DC April 28, 2010 Answers to Frequently Asked Questions Concerning the Enforcement of the
More informationCBRE Cap Rate SURVEY. second Half 2014. A CBRE RESEARCH Publication
CBRE Cap Rate SURVEY A CBRE RESEARCH Publication United States Overview Key National Observations Commercial real estate in the U.S. continues to be very attractive. The investment landscape also remains
More informationThe MetLife Market Survey of Assisted Living Costs
The MetLife Market Survey of Assisted Living Costs October 2005 MetLife Mature Market Institute The MetLife Mature Market Institute is the company s information and policy resource center on issues related
More informationAdditional information >>> HERE <<< Physical Therapy Marketing Success :: physical therapy assistant schools usa
Additional information >>> HERE
More informationMIAMI INTERNATIONAL AIRPORT 2014-2015 MIAMI-DADE AVIATION DEPARTMENT
MIAMI INTERNATIONAL AIRORT 2014-2015 MIAMI-DADE AVIATION DEARTMENT MIA SERVES A LARGE & DIVERSE MARKET THE LOCAL MARKET Miami International Airport (MIA) serves a population base spanning Miami-Dade, Broward
More informationGoing Global Country Career Guide and USA/Canada City Career Guide Combined Premium Collection USER S GUIDE
Going Global Country Career Guide and USA/Canada City Career Guide Combined Premium Collection USER S GUIDE Going Global Country Career Guides are the ultimate job seeker s tool for finding employment
More informationAPPENDIX D SIZING STORM WATER DRAINAGE SYSTEMS TABLE D-1 MAXIMUM RATES OF RAINFALL FOR VARIOUS CITIES*
SIZING STORM WATER DRAINAGE SYSTEMS D 1.0 Roof Drainage. D 1.1 General. The rainfall rates in Table D-1 shall be permitted to be used for design unless higher values are established locally. D 2.0 Sizing
More informationLocating Data. Centers in Iowa s. Creative Corridor
Locating Data Centers in Iowa s Creative Corridor Providing safe and cost-effective locations statewide for data centers In Iowa we found one of the best locations around the world with the right combination
More informationGoing Global Country Career Guide and USA/Canada City Career Guide Combined Premium Collection USER S GUIDE
Going Global Country Career Guide and USA/Canada City Career Guide Combined Premium Collection USER S GUIDE Going Global Country Career Guides are the ultimate jobseeker s tool for finding employment at
More informationList of Allocation Recipients
List of Allocation Recipients 4 2012 New Markets Tax Credit Program: List of Allocatees Name of Allocatee Advantage Capital Community Development Fund, LLC New Orleans, LA National $75,000,000 Operating
More informationAirport Wi-Fi Access Chart: U.S.
Wi-Fi Access Chart: U.S. Atlanta, GA Hartsfield-Jackson Atlanta ATL $4.95 for 24 hours ATL-WIFI Anchorage, AK Ted Stevens Anchorage International ANC Free Austin, TX Austin-Bergstrom International AUS
More informationVolume Title: Bank Stock Prices and the Bank Capital Problem. Volume URL: http://www.nber.org/books/dura57-1
This PDF is a selection from an out-of-print volume from the National Bureau of Economic Research Volume Title: Bank Stock Prices and the Bank Capital Problem Volume Author/Editor: David Durand Volume
More informationAvis Rent A Car Division U.S. Corporate Locations Fees, Surcharges, Taxes Updated 07/23//2015
Updated 07/23//2015 Facility Security Ft. Meyers APO Fort Meyers FL $1.00 /day Gainesville Municipal APO Gainesville FL $3.00/day Jacksonville Intl Jacksonville FL $2.00/rental Miami Intl APO Miami FL
More informationTHE FEDERAL BUREAU OF INVESTIGATION FINANCIAL INSTITUTION FRAUD AND FAILURE REPORT
U.S. Department of Justice Federal Bureau of Investigation FINANCIAL INSTITUTION FRAUD UNIT FINANCIAL CRIMES SECTION FINANCIAL INSTITUTION FRAUD AND FAILURE REPORT FISCAL YEAR 2002 THE FEDERAL BUREAU OF
More informationUSER S GUIDE. Country Career Guide and USA/Canada City Career Guide. Combined Premium Collection
USER S GUIDE Country Career Guide and USA/Canada City Career Guide Combined Premium Collection Table of Contents Country Career Guides... 3 USA & Canada City Career Guides... 4 Browsing the GoinGlobal
More informationSouthwest 2015 Media Kit
Southwest 2015 Media Kit Southwest We Are Southwest Airlines Hard work. Perseverance. The relentless pursuit to find a better way. Southwest has stood for these values for more than 40 years, and each
More informationU.S. and International POPs
L.A. Bridge: International POPs Page: 1 U.S. and International POPs Jump to International numbers Jump to numbers of states starting with the letter: A C D F G I K L M N O P R S T U W The following list
More informationTrade Show Labor Rate Benchmarking Survey
2011 Trade Show Labor Rate Benchmarking Survey EXHIBITOR COSTS IN 41 U.S. CITIES labor drayage audio visual exhibitor services eventmarketing.com eventmarketing.com Produced by in association with eventmarketing.com
More informationAmerican College of Emergency Physicians
American College of Emergency Physicians Military Trauma Cares Learning Health System and its Translation to the Civilian Sector Craig Manifold, DO FACEP Julio Lairet, DO FACEP 18 May 2015 Institute of
More informationCOMMERCIAL AUTO INSURANCE NON-FLEET
COMMERCIAL AUTO INSURANCE NON-FLEET GENERAL INFORMATION Requested effective date: / / Term: 1 year Name of applicant: Individual Partnership LLC Corporation S-Corporation Other (explain) Mailing address:
More informationSACKS-CHAMPIONSHIPS-GAMES WON ALL-TIME RECORDS TEAM RECORDS
SACKS-CHAMPIONSHIPS-GAMES WON TEAM RECORDS CHAMPIONSHIPS Most Seasons League Champion 13 Green Bay, 1929-1931, 1936, 1939, 1944, 1961-62, 1965-67, 1996, 2010 9 Chi. Bears, 1921, 1932-33, 1940-41, 1943,
More informationSubject to Change 1 As of 8/13/14
Atlanta Hawks Wed. 29-Oct-14 @ Toronto 7:30 PM Mon. 19-Jan-15 Detroit 2:30 PM Sat. 1-Nov-14 Indiana 7:30 PM Wed. 21-Jan-15 Indiana 7:30 PM Wed. 5-Nov-14 @ San Antonio 8:30 PM Fri. 23-Jan-15 Oklahoma City
More informationREAD ONLY. Adopting Agency BSC SFM. Adopt Entire Chapter X X X X X X X X X Adopt Entire Chapter as amended (amended sections listed below)
CALIFORNIA PLUMBING CODE MATRIX ADOPTION TABLE APPENDIX D - SIZING STORM WATER DRAINAGE SYSTEMS (Matrix Adoption Tables are non-regulatory, intended only as an aid to the user. See Chapter 1 for state
More information