Quick Takes

Pinnacle FAs Reach 4-Year Deal Pinnacle Airlines Corp. (PNCL) flight attendants, represented by the United Steel Workers Local 772, ratified a four-year contract. Pinnacle Airlines, Inc., employs over 600 flight attendants. The new contract received a strong endorsement from the members, with 62.5% voting to...

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Pinnacle FAs Reach 4-Year Deal
Pinnacle Airlines Corp. (PNCL) flight attendants, represented by the United Steel Workers Local 772, ratified a four-year contract. Pinnacle Airlines, Inc., employs over 600 flight attendants. The new contract received a strong endorsement from the members, with 62.5% voting to approve.

Embraer Sells Five More 190s
M1 Travel Ltd. contracted for five Embraer (ERJ) 190 E-Jets, with options for five more of, either the same model, or the bigger ERJ 195, depending on market demands. M1 Travel Ltd is a subsidiary of M1 Group and one of the largest shareholders of Geneva-based Flybaboo SA. The first three 190s, with deliveries starting in 2008, will be leased by M1 to Flybaboo. The total value of the deal, if all options are exercised, could reach US$355 million, at list prices.

Grob Back in Air
Grob Aeropace’s first spn test aircraft returned to the air on February 23 at the manufacturer’s airport facility in Germany, marking the resumption of its flight certification program. The move comes three months after the November accident which totaled the second test aircraft and killed its crew. In an agreement with the Federal Office of Civil Aviation, the flight test program resumed after completion of the 300-hours, maintenance check and a thorough inspection of the aircraft. With six passengers and single pilot, the aircraft can serve 1,800 nm (3334 km). The aircraft features a total cabin volume of 405 cu.ft (11.5 m³) – the largest in the light business jet class.

SkyWest Promotes Kraupp
In the latest in a series of management changes, SkyWest, (SKYW) promoted Michael J. “Mike” Kraupp, currently vice president – finance and assistant treasurer, to the post of vice president – finance and treasurer overseeing all treasury functions and capital management for company. Kraupp joined SkyWest in 1991 as financial controller and was promoted to vice president - controller shortly thereafter. He served in this position until he was named to his current post in 2001, responsible for aircraft financings, risk management, investor relations, employee benefits programs and various other treasury functions. Related Story

NW/Mesaba Deal Okayed
Northwest’s (NWACQ) bankruptcy court approved the airlines acquisition of Mesaba Airlines granting Mesaba creditors a $145 million claim against Northwest. The sale still requires Mesaba bankruptcy court approval.

More Incursions at LAX
SkyWest and American Eagle were involved in separate runway incursions at LAX in what FAA classified as significant safety violations. On February 24, American Eagle was set to takeoff when a Continental (CAL) jet crossed the end of the runway AE’s turboprop became airborne 3,500 feet from the CAL jet and flew about 800 feet over it, according to the FAA. CAL did not have authority to cross the runway because its pilot, according to the National Air Traffic Controllers Association, had reportedly switched to a different radio frequency without alerting the tower. An alarm warning of the impending collsion sounded in the tower before the American flight took off. On the evening of February 25, a SkyWest aircraft was forced to abort its landing when a controller spotted a second plane approach the runway, warning it to stop. It was able to stop but caused the alarm to sound again in the tower because it was too close to the runway.

Mesa Drops Fares at NM Points
Mesa (MESA) will reduce fares at Carlsbad and Hobbs, N.M., two essential air service communities served by its subsidiary Air Midwest. The flights operate daily to its Albuquerque hub. Fares range from $118 roundtrip for 21-day, advanced purchase to $158 roundtrip for last minute bookings.