The Biz Buzz

The News Tribune Business Team will keep you updated on what's happening in the South Sound and beyond. Check here for news about economic development, aerospace, shopping and much more.

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Got something to say? Here's the place to say it. We welcome your comments on what's going on in business in the South Sound that we should be discussing, reporting or analyzing here on our blog or in the pages of The News Tribune.

Contributors

Marce Edwards is the business editor. She has been at The News Tribune for seven years and has written about technology and big businesses in the South Sound including Weyerhaeuser and Russell. Before moving to Tacoma, she worked at The Idaho Statesman in Boise. She is a Northwest native who likes to garden and refuses to use an umbrella. She lives in Tacoma with her husband and two kids.

C.R. Roberts is a Tacoma native. Before joining The News Tribune, he worked as a freelance writer and part-time cowhand on a cattle ranch in Northern Idaho. He writes about small business, personal finance and other business issues.

John Gillie writes about the aerospace and airline industries, commercial development and consumer issues. During his 30-year-tenure at The News Tribune he has covered issues as diverse as the Native American fishing rights disputes, crime and the courts, the wood products industry and energy. He lived in Tacoma with his family for 25 years, but now lives in Kent because his wife heads a five-state non-profit foundation headquartered in Ballard, and it only seemed a sensible compromise to make considering their workplaces are 40 miles apart.

Kelly Kearsley has been a business reporter at The News Tribune since 2005. She covers the Port of Tacoma and international trade. Being born and raised in Spokane she’s used to living in cities with inferiority complexes and, in fact, prefers it. Prior to working at The News Tribune, she spent three years as a reporter for The Bulletin in Bend, Oregon and another year working stints for The Associated Press and Seattle Times. She graduated from Pacific Lutheran University. She lives in Tacoma with her husband and miniature schnauzer.

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Get the most up-to-date news, insights and analysis of Tacoma, Pierce County and South Puget Sound business.
Friday, April 13th, 2007
Posted by John Gillie @ 02:15:31 pm

Michael O'Leary, the bold Irishman who runs Europe's most popular budget airline, RyanAir, predicts trans-Atlantic airfares could drop as low as $12 each way when he opens service to the U.S. from Europe a couple of years from now.

In an interview with Flight International magazine, O'Leary says the new Europe-U.S. "open skies" agreement, effective next year, will open the door for major discounting on international flights.

O'Leary said he's thinking of starting a new airline devoted only to trans-Atlantic flying that would buy a fleet of either Boeing 787s or Airbus A350XWBs to operate between the lesser-popular European airports his RyanAir now uses to alternate airports in the United States.

=> Read more!

Categories: Aerospace
Posted by John Gillie @ 01:47:36 pm

A dispute over rents between Los Angeles International Airport and its airline tenants has grown beyond an internal fracas and is now affecting passengers departing the airport.

United Airlines has announced – and American, US Airways, Northwest and Delta have matched – A $10 per passenger surcharge for their passengers departing from LAX.

United says the $10 fee added to its regular fares will offset the higher rents the airport is imposing.

The airport says it needs the money to pay for improvements. United's additional costs amount to about $10 million a year, the airport contends, but it will collect about $48 million with the $10 per passenger fee.

Still standing on the sidelines is SeaTac-based Alaska Airlines, whose own terminal costs will increase by several million dollars yearly, is still mulling over it's reaction, said Alaska spokeswoman Amanda Tobin-Bielawski.

Alaska has the largest share of business between Seattle and LAX. United is its main rival on that route. Not joining the surcharge parade would put Alaska's fares nominally below United's on that route and would put its flights first on computer screens that sorted available flights by fare costs.

But Alaska could end up losing money if it declined to impose a surcharge and didn't see its share of the business increase.

Categories: Aerospace
Posted by Marce Edwards @ 01:44:31 pm

The new "gourmet" coffee at the Golden Arches is paying off for the restaurant. McDonald's reported today that sales of the beverage are up.

The company added premium coffee last year that reviewers say is far superior to the previous version. A Consumer Reports review ranked it higher than Starbucks for taste and value.

In the last few months, McDonald’s U.S. restaurants added a machine that automatically dispenses cream and sugar for coffee, boosting sales especially among drive-through customers who don’t want to add the flavoring themselves.

=> Read more!

Categories: Restaurants
Posted by Marce Edwards @ 12:44:27 pm

The Eagles Aerie #3 – the downtown Tacoma building that was torn down last week after partially collapsing – is in foreclosure.

The owners of the building, listed as Tacoma real estate executive Eric Cederstrand and his father, owe taxes for the last three years to Pierce County.

The county is scheduled to begin the formal proceedings in June in court. The property's owner has until then to pay the oldest year's taxes to avoid legal action, said Billie O'Brien, administrative manager for the Pierce County Assessor-Treasurer. Cederstrand could not be reached this week.

=> Read more!

Categories: Downtown Tacoma
Posted by John Gillie @ 07:20:17 am

The weekly order totals are in at Boeing, and the 787 continues to lead the order parade.

Boeing's order log reveals the company added 30 more orders for the Dreamliner last week to unidentified customers. That should put total 787 Dreamliner orders at 544 just 10 days after the company announced it had passed the 500-order level.

The Dreamliner was already the best-selling pre-production jet in airline history.

These new orders come in spite of the fact that Boeing is essentially booked up for almost the first five years of production. At some point, airlines looking for an efficient, new-tech jetliner will turn to Boeing rival Airbus only because the European aircraft maker can deliver its A350XWB more quickly than Boeing. The A350XWB is expected to enter service in 2013 or 2014.

Boeing also booked five orders for its popular 777 last week also to unindentified buyers.

Here are the up-to-date 2007 order totals for Boeing's line of jetliners:

737 - 38
747 - 5
767 - 36
777 - 45
787 - 96

Total to date: 220

Categories: Aerospace