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ARCHIVES :: COMMERCIAL

Displaying 41 - 60 of 2432 matching stories.
12.22.2008 Corporate Travelers Cutting Spending Not Trips
Spending cutbacks rather than reduced travel seem to be how businesses are coping with travel costs which expected to continue next year, according new survey results published last week by Orbitz in its Business/Business Traveler Magazine Quarterly Trend...
12.22.2008 Analysis: Rushing Toward Break Even: The Importance of a Good Aviation Policy
At a time when airlines are one of the bright lights in the economy with predictions of profitability next year, why is it that it has been consistently so acceptable that this important sector of the economy only break even or achieve mediocre profitability...
12.15.2008 Aircraft Watch
UAL Continues to Bolster Liquidity Following in American’s footsteps, UAL Corporation, raised $150 million on a sale-leaseback agreement added it to the company's unrestricted liquidity. Related Story  The company sold 15 Boeing 757 aircraft to...
12.15.2008 Mokulele Expands Partnerships
After cutting a similar deal with Alaska, Mokulele is partnering with Canadian low-cost carrier WestJet to provide inter-island service in Hawaii. Related Story The partnership, designed to enhance service for inter-island travelers, follows an announcement...
12.15.2008 Mesa Pilots Ratify Contract
Mesa’s 1,300 pilots, represented by the Air Line Pilots Association (ALPA), ratified a new 24-month labor contract. A key provision in the contract, which won 51 percent of the vote, is a preferential bidding system allowing crews more schedule control...
12.15.2008 XJT Targeted in New Tarmac Stats
The Department of Transportation revised the data requirements airlines must file including not only include extended runway times for flights that were latter cancelled but flights diverted to alternate airports, two items not now filed with the department...
12.15.2008 T-Prop & Larger RJ Values Remain Stabile
The value of regional jets have fluctuated over the last several months along with the dramatic fuel costs experienced earlier this year. But, their value may be recovering as fuel prices abate. However, that does not mean the 100+ 50-seaters spun out of...
12.15.2008 Larsen Makes 3-Point Landing
Well-known aviation consultant Tulinda Larsen joined NEXA Capital Partners, LLC as a principal, and is expected to use her skills as a rainmaker with the year-old, Washington-based company which focuses on providing capital for the aerospace, defense...
12.15.2008 Raymond Promoted @ CommutAir
Joel Raymond was appointed executive vice president of Continental Connection CommutAir after an 11-year stint with the company which including holding various positions in customer service and station management. In 2000, he was appointed director of...
12.15.2008 IATA Predicts ’09 Worst for 50 Years
While the U.S. industry is expected to be profitable next year, thanks to its dramatic and continuing capacity cuts, next year is expected to be the worst the industry has faced in 50 years, according to the International Air Transport Association (IATA). Its...
12.15.2008 Federal Court Stays Slot Auction
Industry leaders lauded the decision of a U.S. District Court of Appeals yesterday that precludes the January slot auction planned by the Department of Transportation to auction slots at the New York area airports. The ruling came after Air Transport...
12.15.2008 Comair Joins Others in Dropping ASAP
Comair and its parent, Delta Airlines have joined American in dropping participation in the Aviation Safety Action Program, a program the National Transportation Safety Board sees as critical to reducing accident rates. Comair dropped it’s...
12.15.2008 Sukhoi Books Another 15
Kartinka Airlines signed a Heads of Agreement with Sukhoi Civil Aircraft Company (SCAC) for 15 Sukhoi Superjet 100s and another 15 optional aircraft. The order is valued at $448 million at list prices. With Friday’s announcement, Kartika Airlines is the...
12.15.2008 RAP Loses Funding
In the wake of Mesa’s shutdown of essential air service carrier Air Midwest and subsequent fiscal problems, Regional Aviation Partner lost one of its major funding sources. RAP also cited regulatory issues and an unprecedented rise in jet fuel and other...
12.08.2008 BBD Continues Solid Results
Bombardier revenues jumped eight percent to reach $C4.6 billion in the third quarter ending October 31. Net income increased by $C154 million, reaching $C245 million, compared to $C91 million for the same period last fiscal year. Its cash position remains...
12.08.2008 Aircraft Watch – AMR, ERJ, MAS/ATR
AMR Sells ATRs In a sale and leaseback deal, AMR Leasing Corporation sold its 39 ATR 72 operated by American Eagle Executive Airlines to Nordic Aviation Capital A/S (NAC) and KIRK Kapital A/S for a sale and leaseback transaction with AMR Leasing Corporation...
12.08.2008 Market Watch – Delta, Mokulele, SkyWest, Southwest, LCC, Horizon
Delta Cuts More Capacity Citing the global recession and the fact that international load factors have dropped five percent, Delta is cutting system-wide capacity next year by six to eight percent, including domestic capacity another eight to 10 percent and...
12.08.2008 Pinnacle Bests Mainland Carriers
Pinnacle Airlines, Inc., for four out of the last five months, led the U.S. mainland carriers in on-time percentage following its record in July when it bested all U.S. carriers in on-time arrivals. The record is significant given Delta’s attempt to...
12.08.2008 Mesa Sells D-8 Spares
Mesa Air Group is gaining $3 million from the sale of Dash 8-200 spares to Fokker Services, Inc., a part of the Stork Aerospace division for the sale, management, and repair of its DHC8-200 spare parts inventories. Under the agreement, Fokker Services will...
12.08.2008 ARJ-21 Flies
The Commercial Aircraft Corporation of China’s ARJ -21 regional jet took flight above the Shanghai skies November 28 as the country’s first regional jet. The product of the Shanghai Aircraft Manufacturing Factory, the 90-seat jet has a range of...
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