| Displaying 1 - 20 of 848 matching stories. |
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| 05.16.2008 |
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Compass F.A. Sets Fire Aboard Aircraft
The Associated Press reported that a 19-year-old Compass flight attendant forced an emergency landing when he set fire to a lavatory because he was angry to be working the route assigned to him. The flight attendant...
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| 05.16.2008 |
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Midwest to Layoff Workers
In response to rising fuel costs which are now half of its operating expenses, Midwest Air Group is cutting 108 jobs including 35 pilots. The layoffs are about 3.5 percent of its workforce. Chair Timothy Hoeksema said the...
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| 05.15.2008 |
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Mesa Shareholders Approve Stock Sale
Mesa Air Group, Inc. shareholders approved the issuance of shares of common stock as may be necessary to repurchase all of its outstanding Senior Convertible Notes due 2023. Without that approval, Mesa said it could not “guarantee the company would have...
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| 05.15.2008 |
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Air Midwest Shuts Pax Operations
In the latest news from ailing Mesa Air Group, its wholly owned subsidiary Air Midwest, Inc., will discontinue all operations by June 30 including its current scheduled services provided under the Essential Air Service (EAS) program. The move ends a...
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| 05.14.2008 |
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Sukhoi Prepares for First Flight
The first taxiing and run tests for the Sukhoi Superjet 100 were conducted this week at Komsomolsk-on-Amur, in preparation for this month’s first flight. The run tests featured a gradual speed increase up to 162 km per hour, which is close to the real...
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| 05.14.2008 |
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Tight Load Factors, Fewer Pax This Summer
The Air Transport Association forecasts that slightly fewer passengers will travel June 1 through August 31 compared to the same period last year. Approximately 211.5 million passengers are...
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| 05.14.2008 |
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Embraer To Assemble Phenoms in U.S.
With a new 150,000-square-foot state-of-the-art facility in Melbourne, Fla., Embraer is creating a final assembly line, the first for Embraer in the U.S., capable of producing both the Phenom 100 and Phenom 300 executive jet models. Announced with Melbourne...
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| 05.13.2008 |
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Re-Regulation Possibility with Consolidation
Twice during last week’s Senate Aviation Subcommittee hearing into the merger between Delta and Northwest, re-regulation was mentioned; once by no less than Subcommittee Chair John D. Rockefeller IV, (D-W.V.) who said, “I don’t discount...
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| 05.13.2008 |
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Fargo Gets Lynx
Frontier Airlines’ Lynx Aviation touched down in Fargo, N.D. on Monday, May 12, launching new twice daily service in the market. Fargo is the fifth of seven...
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| 05.12.2008 |
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Mesa Turns to Markets to Boost Cash
Just a few weeks after analysts were predicting bankruptcy for Mesa Airlines, the company said if it unable to offer and sell $37.8 million in new common stock it cannot “guarantee the company would have adequate cash resources.” Related...
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| 05.12.2008 |
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Lynx Aviation Traffic
For April 2008, Lynx Aviation reported revenue passenger miles of 24,481,000 and available seat miles of 42,218,000. There are no year-over-year comparable statistics since Lynx did not start until last fall. This resulted in a load factor...
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| 05.09.2008 |
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Pinnacle Income Drops Precipitously
Pinnacle Airlines Corp. reported first quarter 2008 net income and fully diluted earnings per share of $2.7 million, down dramatically from the year-ago period when it posted $9.4 million in first quarter net income. In addition, its earnings per share...
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| 05.09.2008 |
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Jazz Net Down 14.2 Percent
Jazz reported net income down 14.3 percent to $30.3 million on operating revenue of $396.4 million, which was up 8.8 percent. It received $3.9 million in performance incentives which...
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| 05.08.2008 |
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Large Aircraft up in BBD’s Latest Forecast
Indianapolis, IN – Demand for 20- to 149-seat commercial aircraft is expected to reach approximately 12,900 new aircraft in the next decade and 17,500 in the 20-year period from 2008 to 2027, an increase in demand from last year's forecast, according to...
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| 05.08.2008 |
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SkyWest Revs Up, Net Down in Q1
Although the company could not comment on its recent offer to acquire ExpressJet, SkyWest Inc Vice President and Treasurer Brad Rich did outline for analysts the philosophy in SkyWest’s acquisition strategy. “We aren’t interested in...
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| 05.07.2008 |
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Saab, MRJ Set to Sign Support Agreement
Indianapolis, IN – Mitsubishi Aircraft Company and Saab are close enough in signing an agreement calling for Saab to at least cover component support for Mitsubishi’s MRJ aircraft that they announced it at the Regional Airline Association meeting...
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| 05.07.2008 |
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ATR Looking at 90-seat Tprop
Indianapolis – ATR is also contemplating a 90-seat turboprop but whether it will be a stretch or a new family of aircraft depends on market research, according to North American Head of Sales John Moore. “We will probably develop and new...
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| 05.06.2008 |
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XJT Posts $31.3 Q1 Loss
ExpressJet Holdings, Inc. today reported a first quarter loss of $31.3 million, or $0.61 per share. Excluding an impairment charge relating to investments in auction-rate securities held by the company, ExpressJet reported a first quarter loss of $22.6...
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| 05.05.2008 |
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Jazz Goes Toronto-Richmond
Air Canada Jazz inaugurated two new trans-border services from Toronto: the only twice daily, new, year-round, non-stop service between Toronto and Richmond, Virginia, and the only daily, non-stop Toronto-Austin, Texas...
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| 05.05.2008 |
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AE Adds NY-Cedar Rapids
American Eagle adds a daily nonstop flight between New York LaGuardia Airport (LGA) and The Eastern Iowa Regional Airport in Cedar Rapids, Iowa (CID)...
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