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Resource ID: #18046
Subject: Aviation
Source: Wall Street Journal (New York)
Affiliation: 
Date: 16-Apr

Description

The Wall Street Journal examines the difficulties that small regional companies face in the aviation business. The analyses follows the story of James Swartz and John Knight who started up an airline, Great Plains Airlines Inc. without a single airplane. The reporter describes how "with tenacity and little else these two men took on majors' entrenched system." The story finds that in bidding for jets small companies can hardly compete against established carriers with proven financial track records. The analysis also reveals that only four airlines control about 66 % of the takeoff and landing slots at the Reagan National Airport, while small companies face difficulties to have slots allocated to them.

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