American gets funding to buy 737s, Adds 22 RJs to Eagle’s Fleet
AMR Corp., the parent company of American Airlines and American Eagle, announced Thursday that has obtained $2.9 billion in new liquidity and financing to buy new Boeing 737 aircraft and exercised options to buy 22 CRJ-700s for American Eagle. Did you like this? Share it:Tweet
AMR Reports its Cash Liquidity is Up More Than $1 billion
AMR will end up the third quarter Wednesday with about $1.1 billion more in cash and short-term investments than it had in hand on June 30. Did you like this? Share it:Tweet
Airline Profile: Skywest Airlines
SkyWest Inc., which owns SkyWest Airlines and ASA Airlines, operates the largest regional airline in the United States. From humble beginnings in rural Utah, to the cutting edge of the airline industry, SkyWest’s history is an American success story. Did you like this? Share it:Tweet
Frontier Airlines Reports August Profit of $10.2 Million
Frontier Airlines Holdings reported today that they had earned an operating profit of $10.2 million for the month of August. Did you like this? Share it:Tweet
Airbus foresees demand for 25,000 aircraft in the next 20 years
Some 25,000 new passenger and freighter aircraft valued at US$3.1 trillion will be delivered from 2009 to 2028, according to Airbus’ latest Global Market Forecast. Emerging economies, evolving airline networks, expansion of low cost carriers and the increasing number of mega-cities as well as traffic growth and the replacement of older less efficient aircraft with [...]
Delta Raises Third-Quarter Outlook
Delta is expecting to report a 3% to 4% operating profit margin for the third quarter and a breakeven operating margin for the full year, thanks in part to lower fuel prices than previously anticipated, the airline said in an investor update issued Monday. Did you like this? Share it:Tweet
U.S. Airlines Expected to Fare Better Than Global Carriers
This year’s financial outlook is in better shape than carriers elsewhere in the world. That’s according to Reuters, which writes “U.S. airlines are expected to fare better than most of their foreign counterparts this year because they are trimming unprofitable routes and beefing up balance sheets as the economy begins to rebound. U.S.-based carriers have [...]
FAA to Propose New Fatigue Rules – Could Force Some Carriers to Hire Additional Pilots
The Federal Aviation Administration is expected to propose changes to two of the most hotly contested issues involving cockpit fatigue, as part of a broader effort to revamp decades-old limits on how long commercial pilots can safely stay behind the controls according to The Wall Street Journal. Did you like this? Share it:Tweet
Important Changes at ATP
ATP has again responded to the needs of their students by modifying its popular Airline Career Pilot Program. Important changes have been made to the pricing structure to accommodate Students’ requests. Did you like this? Share it:Tweet
Frontier Airlines Emerges From Bankruptcy
Frontier Airlines won bankruptcy-court approval Thursday for its reorganization plan, clearing the way for the Denver airline to emerge from Chapter 11 protection. Did you like this? Share it:Tweet
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