Teal Report Suggests Flat RJ Market
Despite the possibility of three new entrant regional jet programs from Japan, China and Russia, the Teal Group indicated that the growth of the regional jet marketplace has flattened and will remain so unless some catalyst changes regional/network dynamics as it did in the 1990s and early 2000s... [read more]
Troubled Mesa Reports Traffic Decline, Risks Nasdaq De-Listing
Mesa’s traffic fell 16 percent in December on a dramatic capacity drop, largely attributed to a 50 percent reduction in its Air Midwest service as well as its 50-seat United Express flying. Mesa Air Group said it flew 484.9 million revenue passenger miles in the month, versus 576.9 million revenue...
Delta Connections to Drop 35 Aircraft, Comair Sale Postponed
Even as Delta decided it will not sell Comair until its merger plans are clearer, Delta is cutting its regional fleet by 35, including 14 Bombardier CRJ 200s at Comair, as part of plans to cut domestic capacity by five percent this year. Fuel costs are forcing a move to larger equipment such as the 14 CRJ...
PNCL, ALPA Trade Charges, PNCL Independence Completed
In the wake of a strike vote by pilots, an Air Line Pilots Association (ALPA) request to the National Mediation Board for binding arbitration and a law suit filed against the union by Pinnacle in U.S. District Court, ALPA expressed outrage saying the suit was “the latest in a long line of attempts to...
GIG, Inc. Over-Allotment Exercised
Gulfstream International Group, Inc. underwriters of Gulfstream's recent initial public offering of its common stock have exercised, in full, their over-allotment option to purchase an additional 120,000 shares of Gulfstream's common stock at $8.00 per share...
Industry Profits to Continue
Economic pressures – especially the industry’s inability to get cheap credit for the major projects now facing it, will increase pressure toward consolidation, given the 2008 Air Transport Association (ATA) Outlook. While network carriers posted a third quarter profit margin of 8.8 percent...
Embraer Posts Record in 2007
Embraer expects to deliver between 195 and 200 aircraft, in 2008, in the Commercial Aviation, Executive Aviation, and Defense and Government segments, plus another 10 to 15 Phenom 100 jets. Deliveries would best the 169 aircraft the company delivered during 2007, when production problems forced a reduction...
Eco-Watch
Carbon Offset Programs, Claims Questioned Although it is relatively new to aviation, having only been offered to passengers in the last year, carbon offsets have become a $54 million industry, according to the Federal Trade Commission (FTC), which regulates advertising claims in launching hearings into green...
FAA Expands Runway Safety Commitment
With runway safety still high on the safety agenda, Federal Aviation Administration proposed extending the enhanced standards for taxiway centerline makings to all certificated airports to reduce the risk of runway incursions. Simultaneously, the FAA is recommending regular recurrent driver training for all...
Quick Takes – JetBlue/Cape Air, ATR, RACCA, Flight Support
JetBlue Helps Rutland Increase Pax The new service by Cape Air between Rutland and Boston is getting a boost from Cape Air’s affiliation with JetBlue, according to Airport Manager Tom Trudeau, who has observed a major uptick in passengers since the airline took over the EAS service in October. He cited...
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