Siegel: Revenues from alliance with United will be substantial
WASHINGTON (Aviation Daily) - US Airways President and CEO David Siegel said the revenue benefits from the airline's recently approved codesharing alliance with United Airlines will be substantial and in the hundreds of millions of dollars.
In a taped message to employees Friday (October 4), Siegel said the US Dept. of Transportation okay was great news for the company's revenues and its restructuring in Chapter 11 bankruptcy. The name of the game here is revenue, he said, adding that the importance of the alliance cannot be underestimated.
The airline will move quickly to implement the agreement and the codeshare will begin early next year. Siegel said it will start with a handful of routes but will build very quickly. He reconfirmed that passengers will be able to access either airline's airport clubs beginning Oct. 14. He specified that reciprocal frequent-flier mileage accrual will begin on Nov. 1 and club members will be able to redeem miles early next year.
Siegel reiterated to employees how important the Washington-New York-Boston Shuttle market is. Last week US Airways leapfrogged the competition, he said, by issuing five guarantees that center on its Shuttle's reliability. It is very important to remain very, very confident in our ability to provide reliable service with superiority, he said, noting that the competition from Delta Air Lines, Comair and American Eagle has intensified in this very strategic market for the carrier.
WASHINGTON (Aviation Daily) - US Airways President and CEO David Siegel said the revenue benefits from the airline's recently approved codesharing alliance with United Airlines will be substantial and in the hundreds of millions of dollars.
In a taped message to employees Friday (October 4), Siegel said the US Dept. of Transportation okay was great news for the company's revenues and its restructuring in Chapter 11 bankruptcy. The name of the game here is revenue, he said, adding that the importance of the alliance cannot be underestimated.
The airline will move quickly to implement the agreement and the codeshare will begin early next year. Siegel said it will start with a handful of routes but will build very quickly. He reconfirmed that passengers will be able to access either airline's airport clubs beginning Oct. 14. He specified that reciprocal frequent-flier mileage accrual will begin on Nov. 1 and club members will be able to redeem miles early next year.
Siegel reiterated to employees how important the Washington-New York-Boston Shuttle market is. Last week US Airways leapfrogged the competition, he said, by issuing five guarantees that center on its Shuttle's reliability. It is very important to remain very, very confident in our ability to provide reliable service with superiority, he said, noting that the competition from Delta Air Lines, Comair and American Eagle has intensified in this very strategic market for the carrier.
