Two new discount airlines to offer business class from JFK to London
Sep 20th, 2005, 07:00 AM
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Two new discount airlines to offer business class from JFK to London
The WSJ has an article today about two new airlines offering business class only service from JFK to London's Stansted. Eos Airlines will start mid-October and Maxjet Airways beginning Nov. 1st. Maxjet prices will start ot $1600 RT.
Sep 20th, 2005, 07:22 AM
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Interesting.
I guess I simply do not understand the Government's actual view on airlines: on the one hand it continually props up the industry and somewhat thwarts the usual supply and demand process and its usual results.
On the other hand, it allows this competition to come into the marketplace putting even further pressure on a bunch of carriers, some of them probably shouldn;t have remained in business this long.
If it's good for the consumers then great news I suppose. be interesting to know who has the controlling interest in these two airlines, too.
I guess I simply do not understand the Government's actual view on airlines: on the one hand it continually props up the industry and somewhat thwarts the usual supply and demand process and its usual results.
On the other hand, it allows this competition to come into the marketplace putting even further pressure on a bunch of carriers, some of them probably shouldn;t have remained in business this long.
If it's good for the consumers then great news I suppose. be interesting to know who has the controlling interest in these two airlines, too.
Sep 20th, 2005, 08:24 AM
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The Journal article does give the names of investors.
The founder and CEO of Eos is David Spurlock, an American and former director of strategy of BA. He raiased $87 million from veteran investors including the chairman of Starbucks.
The CEO of Maxjet is Gary Rogliano and 55% is owned by Kenneth Wooley, chairman and CEO of Extra Space Storage of Salt Lake City and an early investor in JetBlue.
Maxjet was originally conceived as a transatlantic line linking JetBlue and EasyJet but that didn't work out because ticket prices are already too cheap to be profitable (until the legacy airlines change strategies).
BTW, the front page of Monday's Journal discussed the airline industry.
The founder and CEO of Eos is David Spurlock, an American and former director of strategy of BA. He raiased $87 million from veteran investors including the chairman of Starbucks.
The CEO of Maxjet is Gary Rogliano and 55% is owned by Kenneth Wooley, chairman and CEO of Extra Space Storage of Salt Lake City and an early investor in JetBlue.
Maxjet was originally conceived as a transatlantic line linking JetBlue and EasyJet but that didn't work out because ticket prices are already too cheap to be profitable (until the legacy airlines change strategies).
BTW, the front page of Monday's Journal discussed the airline industry.
Sep 20th, 2005, 08:32 AM
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Thanks for that further information. We may never know what efforts went on behind the scenes to ensure approval.
I wish something like EasyJet really COULD cross the Atlantic and make a profit just as many of us wish Southwest had been allowed into DC National.
I wish something like EasyJet really COULD cross the Atlantic and make a profit just as many of us wish Southwest had been allowed into DC National.
Sep 20th, 2005, 08:37 AM
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Intrepid:
But Virgin and BA survive, profitably, in the transatlantic market without a farthing of taxpayer subsidy. And the UK government was delighted to allow more competition onto the NYC-LON route, which is probably already served by more airlines than any other route in the world.
Surely if Richard Branson can cope with these guys, big butch United and American can too?
But Virgin and BA survive, profitably, in the transatlantic market without a farthing of taxpayer subsidy. And the UK government was delighted to allow more competition onto the NYC-LON route, which is probably already served by more airlines than any other route in the world.
Surely if Richard Branson can cope with these guys, big butch United and American can too?
Sep 20th, 2005, 09:02 AM
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Read thart article too ...and only 48
seats to fill.
Seems The WSJ (which I read daily)
could have added this to their first
Sat. edition (there has been pre-press on these 2) of which Iwas underwhelmed save for the Lead story.
seats to fill.
Seems The WSJ (which I read daily)
could have added this to their first
Sat. edition (there has been pre-press on these 2) of which Iwas underwhelmed save for the Lead story.
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