Express-ly confident

Air carrier Express Airlines is back in the black, although it came dangerously close to closing its doors for a 2nd time. Bryan Bedford, the executive who helped pull WestAir out of the doldrums and who is doing the same for Delta Connection Business Express, developed an aggressive, 2-pronged plan...

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Bibliographic Details
Published in:	Air transport world 1994-09, Vol.31 (9), p.123-123
Main Author:	Moorman, Robert W
Format:	Magazinearticle
Language:	eng
Subjects:	Air fares Aircraft Airlines Business conditions Case studies Cities Company business management Corporate reorganization Efficiency Executives Management News media Profitability
Online Access:	Get full text
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Summary:	Air carrier Express Airlines is back in the black, although it came dangerously close to closing its doors for a 2nd time. Bryan Bedford, the executive who helped pull WestAir out of the doldrums and who is doing the same for Delta Connection Business Express, developed an aggressive, 2-pronged plan to save Express Airlines. The first part called for obtaining financial relief from the several vendors that included Saab Aircraft, BAe, GE Aircraft Engines, and partner Northwest. With that accomplished, Express Airlines' president Michael Brady and Bedford began a massive restructuring effort to lower the airlines seat-mile costs significantly, from 20 cents to 17 cents. The plan consisted of consolidating the fleet with Saabs. The restructuring plan also called for moving parts repair and some engine work in-house. More significantly, Brady and Bedford began moving flight crews from hubs at Memphis, Minneapolis, and Sioux City to remote domiciles. Details of the effects of the restructuring plan are discussed.
ISSN:	0002-2543