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Breeze Airways
Breeze Airways is a low-cost U.S. airline headquartered in Cottonwood Heights, Utah. The airline was founded by David Neeleman, who previously co-founded Morris Air, WestJet, JetBlue, and Azul Linhas Aereas. Breeze's operations launched on May 27, 2021, with its inaugural flight from Tampa International Airport to Charleston International Airport. History In June 2018, Neeleman planned for the establishment of a new United States airline under the tentative name "Moxy Airways", with capital from former Air Canada CEO Robert Milton, former ILFC CEO Henri Courpron, former JetBlue Chairman of the Board Michael Lazarus, and himself. They perceived that due to consolidation, all 11 major carriers in the country were profitable and had existed 20 years ago (except JetBlue, which Neeleman had co-founded in 2000) and that there was space for a new airline competitor. They also determined that the country's four largest airlines carried 80% of domestic US seats in 2017, and that du ...
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Charleston International Airport
Charleston International Airport is a joint civil-military airport located in North Charleston, South Carolina, United States. The airport is operated by the Charleston County Aviation Authority under a joint-use agreement with Joint Base Charleston. It is South Carolina's busiest airport; in 2019 the airport served nearly 4.9 million passengers in its busiest year on record. The airport is located in North Charleston and is approximately northwest of downtown Charleston. The airport serves as a focus city for Breeze Airways. It is also home to the Boeing facility that assembles the 787 Dreamliner. History In 1928, the Charleston Airport Corporation was founded and purchased of land previously belonging to a mining company. Although privately developed at first, the City of Charleston floated bonds in 1931 to acquire a portion of the site for passenger service. Within ten years, three runways were paved and outfitted with lighting for nighttime operations. In World War II ...
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Low-cost Carrier
A low-cost carrier or low-cost airline (occasionally referred to as '' no-frills'', ''budget'' or '' discount carrier'' or ''airline'', and abbreviated as ''LCC'') is an airline that is operated with an especially high emphasis on minimizing operating costs and without some of the traditional services and amenities provided in the fare, resulting in lower fares and fewer comforts. To make up for revenue lost in decreased ticket prices, the airline may charge extra fees – such as for carry-on baggage. As of April 2020, the world's largest low-cost carrier is Southwest Airlines, which operates primarily in the United States, as well as in some surrounding areas. The term originated within the airline industry referring to airlines with a lower operating cost structure than their competitors. While the term is often applied to any carrier with low ticket prices and limited services, regardless of their operating models, low-cost carriers should not be confused with regional airl ...
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DVV Media Group
DVV Media Group is a global publishing company which publishes books and magazines about transport and logistic topics. In 2013, Rheinische Post Mediengruppe became the sole shareholder of DVV. In 2005, Verlagsgruppe Handelsblatt joined the DVV Group as a strategic investor, taking over some of the shares held by the heirs of the founders of the publishing house. Selected publications * '' Air Cargo News'' * ''Commercial Motor'' * ''Flight International'' * ''Metro Report International'' * '' Rail Business UK'' * ''Railway Gazette International ''Railway Gazette International'' is a monthly business magazine and news website covering the railway, metro, light rail and tram industries worldwide. Available by annual subscription, the magazine is read in over 140 countries by transport ...'' References External links * Academic publishing companies Pan-European media companies Book publishing companies of Germany Publishing companies of Germany Mass media in Hambur ...
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FlightGlobal
FlightGlobal is an online news and information website which covers the aviation and aerospace industries. The website was established in February 2006 as the website of ''Flight International ''Flight International'' is a monthly magazine focused on aerospace. Published in the United Kingdom and founded in 1909 as "A Journal devoted to the Interests, Practice, and Progress of Aerial Locomotion and Transport", it is the world's olde ...'' magazine, ''Airline Business'', ''ACAS'', ''Air Transport Intelligence'' (ATI), ''The Flight Collection'' and other services and directories. FlightGlobal is a resource for aviation history with a picture library of over 1 million images starting with the foundation of ''Flight'' in 1909. Thousands of images and back copies of ''Flight'' are searchable online. FlightGlobal won the prize for of "Business Website of the Year" at the Association of Online Publishers' Digital Publishing Awards 2010. According to the contest judges, "The si ...
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Competition (economics)
In economics, competition is a scenario where different economic firmsThis article follows the general economic convention of referring to all actors as firms; examples in include individuals and brands or divisions within the same (legal) firm. are in contention to obtain goods that are limited by varying the elements of the marketing mix: price, product, promotion and place. In classical economic thought, competition causes commercial firms to develop new products, services and technologies, which would give consumers greater selection and better products. The greater the selection of a good is in the market, prices are typically lower for the products, compared to what the price would be if there was no competition (monopoly) or little competition (oligopoly). The level of competition that exists within the market is dependent on a variety of factors both on the firm/ seller side; the number of firms, barriers to entry, information, and availability/ accessibility of resource ...
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Major Carrier
The United States Department of Transportation defines a major carrier or major airline carrier as a U.S.-based airline that posts more than $1 billion in revenue during a fiscal year, grouped accordingly as "Group III". Airlines According to FY2020 revenues, there were 18 major carriers who meet the requirement for Group III status. Mainline passenger *Alaska Airlines *Allegiant Air *American Airlines* *Delta Air Lines* *Frontier Airlines *Hawaiian Airlines *JetBlue *Southwest Airlines* *Spirit Airlines *United Airlines* (*) - considered as one of the "Big 4" major U.S. national airlines Regional passenger *Envoy Air (subsidiary of American Airlines Group) *Republic Airways *SkyWest Airlines Freight *Atlas Air *FedEx Express *Kalitta Air *Polar Air Cargo (subsidiary of Atlas Air Worldwide Holdings) *UPS Airlines See also *Largest airlines in the world *List of largest airlines in North America *List of airlines of the United States This is a list of airlines which have an ...
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ILFC
The International Lease Finance Corporation (ILFC) was an aircraft lessor headquartered in the Constellation Place in Century City, Los Angeles, California, US. It was the world's largest aircraft lessor by value, though ILFC's rival, General Electric's GECAS unit, had more aircraft. It leased Boeing and Airbus aircraft to major airlines worldwide. History Father and son team Leslie Gonda and Louis L. Gonda founded ILFC in 1973 along with Steven F. Udvar-Házy. The company was acquired by international insurance giant American International Group (AIG) in 1990, although the unit was still run by Udvar-Hazy until he retired in February 2010, who was succeeded by vice-chairman Alan Lund. Henri Courpron, a former Airbus executive, was appointed president and CEO of ILFC in May 2010. On September 2, 2011, AIG filed with the SEC to spin off ILFC in an initial public offering. In December 2012, AIG announced that it was selling a 90% stake in the company to a consortium of Chinese ...
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Robert Milton
Robert A. Milton (born July 30, 1960) is the chairman of the board of directors of United Airlines Holdings, which is the parent company of United Airlines. He also serves as the lead independent director of Air Lease Corporation. He was the chairman, president and chief executive officer of ACE Aviation Holdings Inc., the parent company of Air Canada, from 2004 to 2017. He is also a former chairman, president and CEO of Air Canada. Early life and education Milton was born in Boston, Massachusetts, and lived in Hong Kong, Belgium and the UK before completing his secondary school education in Singapore at the United World College of South East Asia in 1978. He then attended the Georgia Institute of Technology, from which he graduated in 1983 with a Bachelor of Science degree in industrial management. Career After graduating, Milton became a founding partner of Air Eagle Holdings Inc., and later worked as an independent commercial aviation consultant to British Aerospace. Milton ...
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Air Canada
Air Canada is the flag carrier and the largest airline of Canada by the size and passengers carried. Air Canada maintains its headquarters in the borough of Saint-Laurent, Montreal, Quebec. The airline, founded in 1937, provides scheduled and charter air transport for passengers and cargo to 222 destinations worldwide. It is a founding member of the Star Alliance. Air Canada's major hubs are at Montréal–Trudeau International Airport (YUL), Toronto Pearson International Airport (YYZ), Calgary International Airport (YYC), and Vancouver International Airport (YVR). The airline's regional service is Air Canada Express. Canada's national airline originated from the Canadian federal government's 1936 creation of Trans-Canada Air Lines ( TCA), which began operating its first transcontinental flight routes in 1938. In 1965, TCA was renamed Air Canada following government approval. After the deregulation of the Canadian airline market in the 1980s, the airline was privatized i ...
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Share Capital
A corporation's share capital, commonly referred to as capital stock in the United States, is the portion of a corporation's equity that has been derived by the issue of shares in the corporation to a shareholder, usually for cash. "Share capital" may also denote the number and types of shares that compose a corporation's share structure. Definition In accounting, the share capital of a corporation is the nominal value of issued shares (that is, the sum of their par values, sometimes indicated on share certificates). If the allocation price of shares is greater than the par value, as in a rights issue, the shares are said to be sold at a premium (variously called share premium, additional paid-in capital or paid-in capital in excess of par). Commonly, the share capital is the total of the nominal share capital and the premium share capital. Most jurisdictions do not allow a company to issue shares below par value, but if permitted they are said to be issued at a discount or par ...
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Neeleman 2015
Neeleman is a surname. Notable people with the surname include: *Ad Neeleman (born 1964), Dutch linguist *David Neeleman David G. Neeleman (born October 16, 1959) is a Brazilian-American businessman and entrepreneur. He has founded five commercial airlines: Morris Air, WestJet, JetBlue Airways, Azul Brazilian Airlines, and Breeze Airways. Along with Humberto Pedros ... (born 1959), Brazilian-American businessman * Mark Neeleman (born 1959), Dutch sailor * Stanley D. Neeleman (born 1943), American Mormon leader and lawyer * Wim Neeleman, Dutch curler and curling coach {{surname ...
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Azul Brazilian Airlines
Azul Linhas Aéreas Brasileiras S/A (''Azul Brazilian Airlines''; or simply Azul) is a Brazilian carrier based in Barueri, a suburb of São Paulo. The company's business model is to stimulate demand by providing frequent and affordable air service to underserved markets throughout Brazil. The company was named Azul ("Blue" in Portuguese) after a naming contest in 2008, where "Samba" was the other popular name. It was established on May 5, 2008 by Brazilian-born David Neeleman (founder of American low-cost airline JetBlue), with a fleet of 76 Embraer 195 jets. The airline began service on December 15, 2008. According to the Brazilian Civil Aviation Authority (ANAC), between January and December 2019 Azul had 23.5% of the domestic and 5.0% of the international market shares in terms of revenue passenger kilometers (RPK), making it the third largest domestic and second largest international airline in Brazil. History Azul Linhas Aéreas Brasileiras S.A. was the fourth airline la ...
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