Wednesday, November 25, 2009

Decide who to hire before they even walk in the door

With all due respect, the idea of the article does not make lot of sense to me.
I do understand that entrepreneurs are different. However, I did not hear about a company looking for hiring entrepreneurs. On the hand, we can say that real entrepreneurs do not seek employment. The right candidates will be those who have the required academic education and the necessary work skills. Using the concept of the article, I would say that the only possible candidates for employment are "curb huggers." I think that judging the candidates through their way of crossing the street might be ideal if we are hiring wire-walkers since the preference will be given to “matadors.”

Date: 24 November 2009 commenting on http://blogs.bnet.com/

Terminal 3 of Sheremetyevo

Well, the bottom line is whether these architectural achievements will reshuffle the rank of Sheremetyevo compared to the other Russian airports in Moscow. In other words, will Sheremetyevo take the lead over Domodedovo?


Date: 24 November 2009 commenting on http://www.cre.ru/

Monday, November 23, 2009

Has anyone flown Aeroflot lately?

Friendly cabin crew:
Aeroflot flights overfly our house here in Russia. The cabin crew members look extremely friendly.
Lucky those passengers who will be benefiting from these good fares. What a bargain to fly at that price surrounded by beautiful Russian air hostesses and have a chance to see Sphinx & Pyramids!


Date: 18 November 2009 commenting on http://www.jaunted.com/

Bumped? Blame the government

The perishable nature of an airline seat prevents the lost revenue from seats that fly empty from being recovered. The substantial amount of revenue that can potentially be lost through spoilage makes overbooking an essential part of revenue management. In fact, passenger no-shows were the first practical problem that scheduled airlines sought to address as they began to adopt revenue management techniques. All tickets were initially fully refundable and airlines needed to overbook in order to remain financially viable. Overbooking is still extremely important to an airline’s financial performance. According to Robert L. Phillips in his book “Pricing and revenue optimization,” American Airlines estimated that in 1990, they saved $225 million through overbooking.

Date: 18 November 2009 commenting on http://www.forbes.com/

Saturday, November 14, 2009

The little airport that could

This is a detailed coverage of the airport activities. Yes, the deregulation of 1970s may be one of the most important factors which lead to the current status of the airport.

There is one little comment about the exact name of the airport. According to International Air Transport Association (IATA), MHT is originally the code for Manchester Airport, NH, USA. That was the situation until April 2006 when the airport management decided to add “Boston Regional” to the airport name to advertise its proximity to Boston, Massachusetts which is about 50 miles (80 km) to the south.

I am fully aware that the airport is in New England which is a geographic term refers to an area comprising of 6 states: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.

The nomenclature in airline literatures describes the location in the following sequence: airport code, city name, country name. In case of USA, the sequence is further expanded to allow the inclusion of the state name.

Yes, there are some airports which serve twin cities such as MSP for Minneapolis/ Saint Paul, and DFW for Dallas/ Fort Worth. As we can see, the two twin cities are at the same state. Obviously, this is not the case for Manchester (New Hampshire) and Boston (Massachusetts). Are they twin cities? Well, they might be distant cousins.

Date: 13 November 2009 commenting on http://www.londonderrynh.net/

Monday, November 2, 2009

Estonian Air explains its bonus program

Airline deregulation created the need for marketing innovations. The most noteworthy innovation is the Frequent Flyer Programs which reward repeat customers with free tickets and other benefits. Many small air carriers have tie-ins with the programs of larger air carriers.
Generally speaking, marketing is a relatively new market practice in Eastern Europe. The former countries of the Eastern Bloc have been steadily moving toward the market economy since the collapse of the Soviet Union early 1990s. Participation of Estonian Air in EuroBonus program is just one example of the ongoing trend.

Date: 02 November 2009 commenting on http://www.estonianfreepress.com/