Low-cost Carrier’s Profits Soar
Once again, low-cost and regional air carriers in the U.S. were more profitable than legacy carriers, according to data released Monday by the U.S. Department of Transportation. Did you like this? Share it:Tweet
Air Travel Rebounded in May Above Pre-Recession Levels
The International Air Transport Association (IATA) announced international scheduled traffic statistics for May which showed an 11.7% increase in passenger traffic and a 34.3% jump in freight demand compared to May 2009. Did you like this? Share it:Tweet
Cessna CEO Jack Pelton: Fewer Pilots a Problem
Jack Pelton, chairman, president and CEO of Cessna Aircraft Co., spoke Monday to the Aero Club of Washington, D.C. Among the topics Pelton hit upon was a lack of new pilots. Did you like this? Share it:Tweet
Global Airline Profitability On The Horizon
Surging passenger and freight demand is propelling a dramatic improvement in the financial outlook for the global airline industry. Asian and U.S. carriers are leading the turnaround, and even Europe’s economic and volcano woes should not be enough to derail a return to profitability this year. Did you like this? Share it:Tweet
American Airlines Sees 2nd-quarter Unit Revenue Up 16.5 to 17.5 Percent From a Year Ago
American Airlines expects second-quarter unit revenue to rise between 16.5 percent and 17.5 percent from a year earlier. Did you like this? Share it:Tweet
Southwest Sees ‘Very Strong’ June Revenue Growth
Southwest Airlines is expecting “very strong” revenue growth in June, building upon the year’s momentum as travelers return to the skies after last year’s doldrums, said Laura Wright, the budget carrier’s chief financial officer. Did you like this? Share it:Tweet
Airline Revenues to Take Off in 2010
The recovery in the global economy is expected to benefit the airline industry with unit revenues slated to rise in the second quarter of 2010. Rising fares, an improvement in international traffic and an overall recovery is expected to drive this growth. Last year’s economic downturn and the preceding year’s steep oil prices had adversely [...]
Boeing to boost 737 production to 35 a month in 2012
Boeing will increase 737 production to 35 a month in early 2012, up from a previously planned goals, the company announced Tuesday. Did you like this? Share it:Tweet
Colgan Air Hiring Pilots Now, Offers Preferential Interviews
Memphis-based Colgan Air has announced that it will be adding 15 new Bombardier Q400 aircraft to its fleet and is presently hiring pilots to fly them. Did you like this? Share it:Tweet
Atlantic Southeast Airlines Recalls Furloughed Pilots to Support Expanding CRJ700 Fleet
Atlantic Southeast Airlines, a wholly owned subsidiary of SkyWest, Inc., is recalling 42 pilots in June as it adds four CRJ700 aircraft to its fleet. The additional aircraft will be integrated into Atlantic Southeast’s Delta Connection program. Did you like this? Share it:Tweet
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