Regional Execs See Opportunities in Mergers
While there has been much hand ringing about the potential impacts of industry consolidation, industry executives speaking before the Raymond James conference last week showed more confidence when they noted that current contracts are long term which are not cancellable, nor do they allow for any reduction... [read more]
Regionals Offer Glimpse into Future
SkyWest is working with regionals in Europe, Latin America and China, Republic will likely grow organically with a lot of growth already projected for the next two years and ExpressJet is concentrating on its point-to-point operation which is coming along, according to CEO Jim Ream, who as with his...
Airlink Posts Profitable Operations for 2007
Northwest Airlink joined most other major carriers in reporting profitable regional operations last year when its revenues were up slightly in Northwest’s first year out of bankruptcy while expenses dropped by nearly half. Regional carriers contributed $1.4 billion in revenues during 2007, up 0.4...
CPA Costs up 13 Percent for Majors
Capacity purchase payments rose 13.3 percent in the third quarter of 2007, according to the Air Transport Association, making it the third largest major airline cost behind fuel and labor. The organization also said that record load factors helped U.S. airlines offset 91 percent cost increase since 2000 but...
Lynx, Regional Drag on FL Results
Included in Frontier Airlines Holdings, Inc.’s consolidated third quarter net loss of $32.5 million was a $4.8 million charge for start-up costs and losses for its fledgling regional Lynx Aviation, which was to be expected given the new nature of its feeder. Regional partners Horizon (which ended its...
Bedford Attacks Regional Critics
While regionals often take the brunt of criticism at congested airports, Congress is stalling airport construction with only a temporary passage of the Airport Improvement program. Meanwhile, if U.S. airlines and passengers think the threats to force on-time flights is bad here, they should try China as...
Porter to Launch U.S. Service in March
Porter Airlines is expanding into the U.S. market with seven daily roundtrip flights between Toronto City Centre Airport (TCCA) and Newark Liberty International Airport starting March 31. The new flights are expected to shave two hours off the present flight time from Toronto’s Pearson Airport. Weekend...
Dion Flannery Named President LCC Express
US Airways named US Airways executive Dion Flannery, currently vice president, financial analysis, president of US Airways Express. Flannery, 41, succeeds Robert Martens, who announced his retirement from the airline. In his new role, Flannery will be responsible for oversight of US Airways' wholly owned...
Colgan Launches Q400, Lease Rate Recovery Expected
Continental, Colgan and Pinnacle rolled out the Bombardier Q400s to press and local dignitaries on Friday in preparation for today’s launch of service of the 74-seat aircraft. In its invitation, it said it allowed the airline to increase capacity on regional routes without adding more flights...
Comair Pilots Elect ALPA Union Officers
Leaders of the Comair unit of the Air Line Pilots Association, Int'l (ALPA) elected Capt. Mark Cirksena as its new Master Executive Council (MEC) chair to serve, effective immediately. Capt. Paul Denke, serving as interim chair, will continue as the MEC vice chair. Capt. Gwen Alletag will continue to...
New Panama City Airport Cleared for Takeoff
The Panama City - Bay County International Airport and Industrial District, which runs the Panama City Airport, said the United States Second Circuit Court of Appeals vacated its stay that limited construction for the relocation of the Panama City-Bay County International Airport on property donated by The...
FAA Completes MU-2 Rules
The Federal Aviation Administration (FAA) finalized a Special Federal Aviation Regulation (SFAR) that creates new pilot training, experience and operating requirements to increase the safety of the widely used Mitsubishi MU-2B airplane. The move was prompted by accidents stemming from icing problems with the...
New Avionics Technology Generates Uncertainty
As major avionics-related initiatives come to the fore, questions about the new technology and its ramifications are causing uncertainty among decision makers in aviation. How organizations will cope with the wholesale change will be the overriding theme of a new webinar, "Avionics: The Latest...
Midwest, TPG Close Deal
Last Thursday’s closing of the sale of Midwest Air Group, Inc., parent company of Midwest Airlines, to Midwest Air Partners, LLC, an affiliate of TPG Capital, is the start of a new era for "The best care in the air," according to Timothy E. Hoeksema, chairman and chief executive officer since...
Calendar: MRO, Green Conferences Set
Summit on MX Outsourcing Set Safety, Congressional and industry leaders will be part of the Business Travel Coalition (BTC) Aircraft Maintenance Outsourcing Summit, jointly sponsored with the International Brotherhood of Teamsters to be held on Monday, February 11 in Washington, DC. The purpose of the summit...
Quick Takes: Jazz, Porter, Mesa, AE, Cost Index Rises
Jazz Accepts Delivery of Dash 8-300 for Charter Services Jazz Air LP (Jazz) accepted a Dash 8-300 aircraft into its Charter Division. This Dash 8-300 is the second of two of the 50-seat aircraft that will be dedicated to Jazz charter operations. Jazz also has the 37-seat Dash 8-100 aircraft dedicated to...
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