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Monday, September 26, 2005

Quick Takes

  • The Regional Airline Association (RAA) through its RAA Scholarship Foundation will offer two aviation students $750 scholarships. Following an application deadline of Oct. 15, RAA will award the scholarships at its Nov. 3 fall membership meeting in Washington.

    RAA is funding these initial scholarships with the proceeds from the golf tournament it held during its May convention. With the foundation now in place, the association can accept tax-deductible donations from individuals, the airlines and associate members, said RAA President Deborah McElroy.

    Students at Averett University and the University of North Dakota - both RAA associate members - are eligible. The universities, not the students, will nominate the scholars for the awards. The scholarships will be awarded on the basis of scholastic achievement, financial need, work experience, recommendations and an essay.

    >>Contact: RAA, http://www.raa.org

  • The Community Air Service Coalition (CASC) will hold a networking conference on Dec 6-7 in Orlando. Dubbed 2005 Connections, the meeting will not be a typical conference of presentations and training, but instead will be a structured event with each airport getting a 30-minute meeting with each participating airline. At least 16 airlines have already confirmed their participation. The group was formed earlier this year to preserve and promote scheduled air service to non-hub airports.

    >>Contact: Minna Scholl, CASC, (202) 316-0502.<<

  • A recent study by Forecast International estimates than another 2,731 regional jets will be built between 2005 and 2014. Both Embraer [ERJ] and Bombardier [BBD] are expected to devote most of their production to RJs with 70 seats or more. Most of the sales are expected to be in the 90- to 120-seat niche. Forecast predicts that Embraer will have 40.1 percent of the market as it builds 1,357 jets, which will be valued at $33.4 billion. Bombardier is projected to have a market share of 36.8 percent as it builds 1,244 jets. It anticipates the planes will be worth $32.4 billion.

     

  • SkyWest [SKYW], the new owner of Atlantic Southeast Airlines (ASA), has named a veteran ASA officer as the new president and chief operating officer. Bryan LaBrecque has been the acting president since the departure of former president Skip Barnette. Prior to the promotion, LaBrecque had been the senior vice president of operations.

     

  • Air Wisconsin Airlines was recently placed on the International Air Transport Association's (IATA) Operations Safety Audit registry. The carrier, which operates in the United Express and US Airways Express networks, is one of only five regional carriers to complete the safety audit. The international organization evaluates a carrier's operational management and control systems to see that it is complying with superior safety standards and industry best practices.

     

  • Bumped off the New York Stock Exchange [NYSE] due to new listing standards, Midwest Air Group [MEH] has found a new home on the American Stock Exchange [AMEX] effective Sept. 23.
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