What we’re reading: Scoot set to take off in June, FAA says space tourism set for takeoff by 2014, US Airways/AA merger might make sense



Singapore Airlines’ no-frills ‘Scoot’ set for June take-off

Back in November 2011, Singapore Airlines announced it was launching a new budget airline called Scoot. Over the weekend, the airline bought its first Boeing 777 from parent company SIA. The airline is set to take to the skies in June of this year.

Scoot passengers will get a choice of three fare packages: Fly (seat only); FlyBag for passengers with luggage; and FlyBagEat for anyone who wants to pre-order meals, which will be cheaper than buying them on board. According to Australian Business Traveller, there won’t be any conventional in-flight video screens but passengers will be able to rent pre-loaded iPads.

U.S. space tourism set for takeoff by 2014, FAA says

The FAA announced on Tuesday that rockets and spaceships designed to carry passengers are being built and the first commercial sub-orbital service can begin as early as 2013.

“Based on market studies, we expect to see this type of activity result in a $1 billion industry within the next 10 years,” George Nield, associate administrator for the FAA’s Office of Commercial Space Transportation testified before the House Subcommittee on Space and Aeronautics.

“This is a new and growing industry. If you look at the last 25 years, almost all the launches were for the same basic purposes – to launch a satellite, such as a telecommunications satellite, to orbit – and that level of business for that part of the industry is continuing today. But there are several new segments that we see just on the horizon,” Nield said.

US Airways: Merger with AA might make sense but we don’t need it

US Airways Chairman and CEO Doug Parker said that they are continuing to explore whether a merger with American Airlines would be a good move, although consolidation is not a “strategic necessity.”

“Industry consolidation has happened and so the result is that we have a much more rational industry now. So the strategic necessity to consolidate is not there anymore. US Airways does not need to merge. Our results prove that and we have a model that works in a consolidated industry,” Parker told media during a company briefing in Phoenix, Ariz.