Adrian is Auckland bureau chief for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.
Adrian was previously based in Aviation Week’s Washington office for nine years, writing for a range of the group’s publications and covering many aspects of the commercial aviation industry. He has won Australasian and international awards for his aviation writing.
Prior to joining Aviation Week in 2002, Adrian covered aviation industry and policy issues for two other publishing companies in Washington. He has also worked for newspapers in Texas and New Zealand, covering a wide range of topics. Adrian graduated from Auckland University with a degree in history and English in 1992.
Adrian Schofield (Washington), Andrew Compart (Washington), Darren Shannon (Washington)
Despite emerging signs of demand stability, U.S. airlines are eyeing the fall travel season with great trepidation. A renewed slump in this period will put intense pressure on airline liquidity—and that threat, along with earlier losses, is dispelling the last hopes of a profitable 2009 for almost all carriers.
Adrian Schofield (Washington), Andrew Compart (Washington), Darren Shannon (Washington)
Despite emerging signs of demand stability, U.S. airlines are eyeing the fall travel season with great trepidation. A renewed slump in this period will put intense pressure on airline liquidity—and that threat, along with earlier losses, is dispelling the last hopes of a profitable 2009 for almost all carriers.
Despite seeing some promising signs on the demand front, Continental plans to cut 1,700 more positions as part of a new drive to find $100 million in cost reductions and new revenue. These moves were revealed yesterday as the carrier reported a $213 million second-quarter net loss, prompted by a 24.2% decline in passenger revenue, compared with the same period last year. Mainline unit revenue dropped 16.9%, with yield falling 18.3% — worrying declines but no worse than expected.
