This week’s featured link:
As Avianca Weighs Bids, Hedge Fund Plays Unusual Role: Diplomat – The New York Times
Let’s head south for one heck of a situation down at Avianca. The airline is currently entertaining bids from Delta, United, and Copa, and the backroom drama is high. This one is a fascinating read.
Two for the road:
Are cheaper fares, more airlines headed Sacramento’s way? – The Sacramento Bee
Here’s another tale of an airport that overspent on terminals (A LOT) and has found itself scrambling to figure out how to attract more service. It’s working on restructuring lease deals, but it still has a crushing debt load.
Hotel Project Would Revive Embodiment of Jet Age at Kennedy Airport – The New York Times
It’s a twofer for the NYT this week, but this story just makes you want to pay any price to stay at the new hotel being planned for the old TWA terminal building. Crankyfest 2018, anyone?