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Repo Man Visits Independence Air |
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February 13, 2005
Earlier, Flyi said it had agreed to return as many as 20 regional jets to GE Capital Aviation Services as part of an agreement to restructure its leasing deal with GE. The repossession of the regional jet reduced the airline's fleet to 72 aircraft, including 50-seat regional jets and a few 132-seat Airbus A319s. Independence Air has staked its survival on Airbus service to five West Coast cities this spring. It plans to begin flying from Dulles to Los Angeles, San Francisco, Seattle, San Diego and San Jose, featuring $84 one-way fares. Those cities are already served by numerous airlines from Dulles and other East Coast airlines and Indpendence is likely to touch off a fare war on those routes that will make it even tougher for it to attract the passengers and revenue it needs to survive. Independence formerly flew feeder routes for United. Since declaring its independence, it has launched service to about 39 cities but has encountered fuel costs that have been higher than expected and passenger levels that have been lower than projected. Report Your Experience
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