British Airtours
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British Airtours
British Airtours (stylised as British aırtours) was a British charter airline with flight operations out of London Gatwick and Manchester Airports. Established as BEA Airtours in 1969, it became a wholly owned subsidiary of British Airways (BA) following the merger between British European Airways (BEA) and British Overseas Airways Corporation (BOAC) in the early 1970s. British Airtours adopted the Caledonian Airways name when the newly British Airways completed the acquisition of the rival British Caledonian in April 1988. Caledonian Airways was eventually sold to tour operator Inspirations in 1995, marking BA's exit from the mainstream inclusive tour market. In 1999, Thomas Cook acquired Inspirations and merged Caledonian Airways with Flying Colours to form JMC Air Services, a forerunner of the UK arm of the later Thomas Cook Airlines.On 23 September 2019, Thomas Cook Airlines ceased operations, thus ending the legacy of British Airtours. History Origins BEA Airtours was ...
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Airtours
MyTravel Group plc was a British, global travel group headquartered in Rochdale, England. It was founded in 1972 as Airtours Group. The group included two in-house airlines, MyTravel Airways UK and MyTravel Airways Scandinavia, and various tour operators around the world. On 19 June 2007, the group merged with Thomas Cook AG to form the Thomas Cook Group plc. The successor to MyTravel Group: Thomas Cook Group, entered Compulsory liquidation on 23 September 2019. History The group was founded under the ''Airtours'' brand in 1972, when David Crossland purchased a series of small travel agencies in Lancashire, United Kingdom. The group began operating package holidays and launched its own in-house charter airline, in the early 1980s. It offered their first charter flights to the Caribbean in 1987 for just £299. In 1994, Airtours purchased Scandinavian Leisure Group and in 1996 it bought Simon Spies Holding, a Danish rival. In 2002, Airtours Group plc, rebranded under th ...
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Flying Colours (airline)
Flying Colours was a UK charter airline that operated for 4 years between 1996 and 2000. History The airline began operations in the summer of 1997 with a fleet of Boeing 757-200, Airbus A320 and A321 aircraft. Flying Colours had several operational bases outside of its Manchester Airport headquarters, including London Gatwick Airport and Glasgow International Airport. The airline quickly established a positive reputation in the charter industry, with a fleet of newly built aircraft and new features; Flying Colours were the first airline in the UK to have LCD TV screens in the cabins of their 757s. In 1998, then the travel agent Thomas Cook & Son acquired Flying Colours Leisure Group. Subsequently, the in-house charter airline of Thomas Cook, Airworld, adopted the Flying Colours Airlines brand. Shortly after the takeover two ex-Airworld Airbus A321s were returned to their lessor. The airline also maintained the Airworld operating base at Bristol. In 1999 Thomas Cook com ...
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Range (aircraft)
The maximal total range is the maximum distance an aircraft can fly between takeoff and landing. Powered aircraft range is limited by the aviation fuel energy storage capacity (chemical or electrical) considering both weight and volume limits. Unpowered aircraft range depends on factors such as cross-country speed and environmental conditions. The range can be seen as the cross-country ground speed multiplied by the maximum time in the air. The fuel time limit for powered aircraft is fixed by the available fuel (considering reserve fuel requirements) and rate of consumption. Some aircraft can gain energy while airborne through the environment (e.g. collecting solar energy or through rising air currents from mechanical or thermal lifting) or from in-flight refueling. These aircraft could theoretically have an infinite range. Ferry range means the maximum range that an aircraft engaged in ferry flying can achieve. This usually means maximum fuel load, optionally with extra fuel tan ...
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Airliner World
''Airliner World'' is an aviation magazine published by Key Publishing in Stamford, Lincolnshire, England. In the United States, the magazine is distributed from Key Publishing office in Avenel, New Jersey. The first edition of ''Airliner World'' was published in May 1999 and is now the UK’s biggest selling monthly civil aviation magazine. ''Airliner World'' is dedicated to airlines and airliners. The magazine publishes worldwide aviation news, as well as articles on regional and worldwide airports and airlines. Another airline publication, '' Air International'', does not represent competition, since both magazines are published by Key publishing. ''Airliner World'' is part of a group of aviation magazines published by Key, including '' AIR International'', ''Air Forces Monthly'', and sister magazine, ''Airports of the World''.http://www.keypublishing.com/portfolio/portfolio.asp?typeID=1 Contents Each monthly issue of the magazine contains a host of feature articles, a list ...
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De Havilland Comet
The de Havilland DH.106 Comet was the world's first commercial jet airliner. Developed and manufactured by de Havilland in the United Kingdom, the Comet 1 prototype first flew in 1949. It featured an aerodynamically clean design with four de Havilland Ghost turbojet engines buried in the wing roots, a pressurised cabin, and large square windows. For the era, it offered a relatively quiet, comfortable passenger cabin and was commercially promising at its debut in 1952. Within a year of entering airline service, problems started to emerge, three Comets being lost within twelve months in highly publicised accidents, after suffering catastrophic in-flight break-ups. Two of these were found to be caused by structural failure resulting from metal fatigue in the airframe, a phenomenon not fully understood at the time; the other was due to overstressing of the airframe during flight through severe weather. The Comet was withdrawn from service and extensively tested. Design and cons ...
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Hangar
A hangar is a building or structure designed to hold aircraft or spacecraft. Hangars are built of metal, wood, or concrete. The word ''hangar'' comes from Middle French ''hanghart'' ("enclosure near a house"), of Germanic origin, from Frankish *''haimgard'' ("home-enclosure", "fence around a group of houses"), from *''haim'' ("home, village, hamlet") and ''gard'' ("yard"). The term, ''gard'', comes from the Old Norse ''garðr'' ("enclosure, garden"). Hangars are used for protection from the weather, direct sunlight and for maintenance, repair, manufacture, assembly and storage of aircraft. History The Wright brothers stored and repaired their aircraft in a wooden hangar constructed in 1902 at Kill Devil Hills in North Carolina for their glider. After completing design and construction of the ''Wright Flyer'' in Ohio, the brothers returned to Kill Devil Hills only to find their hangar damaged. They repaired the structure and constructed a new workshop while they waited for th ...
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London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Romans as '' Londinium'' and retains its medieval boundaries.See also: Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national government and parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London, governed by the Greater London Authority.The Greater London Authority consists of the Mayor of London and the London Assembly. The London Mayor is distinguished fr ...
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Pound Sterling
Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special drawing rights. As of mid-2021, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes, and ...
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Charter Flight
Air charter is the business of renting an entire aircraft (i.e., chartering) as opposed to individual aircraft seats (i.e., purchasing a ticket through a traditional airline). Regulation Charter – also called air taxi or ad hoc – flights require certification from the associated country's civil aviation authority. The regulations are differentiated from typical commercial/passenger service by offering a non-scheduled service. Analogous regulations generally also apply to air ambulance and cargo operators, which are often also ad hoc for-hire services. United States In the U.S. these flights are regulated under FAA Part 135. There are some cases where a charter operator can sell scheduled flights, but only in limited quantities. As of 2021, the FAA had made it a priority to crack down on unauthorised charter flights, according to industry experts. Types of service There are several business models which offer air charter services from the traditional charter operator to br ...
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Market Distortion
In neoclassical economics, a market distortion is any event in which a market reaches a market clearing price for an item that is substantially different from the price that a market would achieve while operating under conditions of perfect competition and state enforcement of legal contracts and the ownership of private property. A distortion is "any departure from the ideal of perfect competition that therefore interferes with economic agents maximizing social welfare when they maximize their own". A proportional wage-income tax, for instance, is distortionary, whereas a lump-sum tax is not. In a competitive equilibrium, a proportional wage income tax discourages work. In perfect competition with no externalities, there is zero distortion at market equilibrium of supply and demand where price equals marginal cost for each firm and product. More generally, a measure of distortion is the deviation between the market price of a good and its marginal social cost, that is, the d ...
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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 oldest continuously published aviation news magazine. ''Flight International'' is published by DVV Media Group. Competitors include Jane's Information Group and ''Aviation Week''. Former editors of, and contributors include H. F. King, Bill Gunston, John W. R. Taylor and David Learmount. History The founder and first editor of ''Flight'' was Stanley Spooner. He was also the creator and editor of ''The Automotor Journal'', originally titled ''The Automotor Journal and Horseless Vehicle''.Guide To British Industrial History: Biographies: ''Stan ...
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Government-owned Corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and devel ...
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