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- Allegiant's Incredible 94% Load Factor
- Did you catch Allegiant's June traffic report? The airline posted an unreal 94% load factor for the entire month. This has to be a world record. by Brett Snyder
- Blog posts 2008-07-03
- Frontier Loses $22 Million in May
- One of the "perks" of being in bankruptcy is that you get the delightful pleasure of releasing your monthly operating statements for public display. Frontier just submitted its May report (debtor = Frontier Airlines Holdings and docket = 385), and man, it isn't pretty. by Brett Snyder
- Blog posts 2008-07-02
- Midwest Facing Pay Cuts, Fleet Cuts, Layoffs
- It's not a good time to be a little guy in the airline industry. One by one, those airlines without much size have disappeared. Aloha, ATA, and Skybus are all gone. Frontier is in Chapter 11 protection, and Midwest is now making some ominous rumblings about its...
- Blog posts 2008-06-30
- Airbus to Launch Successor to A320 in 2014: Report
- PARIS (Reuters) - European aircraft maker Airbus is planning to launch the successor generation of A320s in 2014 and put them in service around 2018, French daily La Tribune reported on Tuesday. Development cost of the project, called A30X, is estimated ...
- News items 2008-07-07
- Delta, ExpressJet Ditch Regional Pact
- NEW YORK (Reuters) - Delta Air Lines Inc DAL and ExpressJet Holdings Inc XJT said on Thursday they had ended the agreement under which ExpressJet provided Delta with some regional flights. ExpressJet Delta Connection, chiefly operating out of Los Angeles and...
- News items 2008-07-03
- Senior Benefits From Plane Makers' Record Orders
- By Matt Scuffham LONDON (Reuters UK) - Engineer Senior SNR on Monday said first half profits would be "comfortably ahead" of expectations as it benefited from plane makers' record order books. The group, which makes components for Airbus ARBU and Boeing BA, said trading conditions were...
- News items 2008-06-30
- Europe Unveils Delayed A400M Military Plane
- By Ben Harding and Tim Hepher SEVILLE, Spain (Reuters UK) - Europe unveiled the A400M military aircraft on Thursday, giving the public a first glimpse of a powerful turboprop plane which will give seven NATO customers urgently needed strategic airlift capacity. The plane was developed by...
- News items 2008-06-26
- EADS Confident on U.S. Tanker Offer
- SEVILLE, Spain (Reuters) - The head of European aerospace group EADS EAD said on Thursday he was committed to sustaining a deal to supply mid-air tankers to the U.S. Air Force after auditors upheld a challenge by rival Boeing BA. Washington's General Accounting...
- News items 2008-06-26
- What's the Matter with Oakland?
- The capacity carnage continued last week with both US Airways and Continental detailing their cuts. Unsurprisingly, US Airways announced it would shutter its night hub in Vegas. Continental, however, had much wider ranging cuts that hit Cleveland the hardest. There are plenty of changes to pull out...
- Blog posts 2008-06-18
- Air Force to Seek New Tanker Bids: Outgoing Boss
- By Jim Wolf WASHINGTON (Reuters) - The ousted head of the U.S. Air Force said Friday he expected the service to seek new bids for midair refueling aircraft from Boeing Co and Northrop Grumman Corp after federal auditors faulted the selection process for...
- News items 2008-06-20
- Qantas Says A380 Bookings Positive
- Qantas Airways Ltd says it is experiencing strong forward bookings from the American market for its proposed A380 service.Qantas's first A380 flight, from Melbourne to Los Angeles, will take off on October 20.The Flying Kangaroo has configured the A380 will carry 450 passengers - with 332 in economy, 32...
- News items 2008-06-26
- Ex-Airbus Boss Humbert Under Formal Investigation
- PARIS (Reuters) - Former Airbus Chief Executive Gustav Humbert has been placed under formal investigation as part of a probe into allegations of insider trading at European aerospace group EADS EAD, a Paris judicial source said on Wednesday. Humbert, a German national, was...
- News items 2008-07-02
- Tui Travel Signs Sale and Leaseback Deal
- LONDON (Reuters UK) - TUI Travel TT, Europe's biggest travel firm, said on Monday it has signed an agreement with AerCap Holdings AER and Deucalion Aviation for the sale and leaseback of 19 of its aircraft for $526 million (266 million pounds) in cash. TUI...
- News items 2008-06-23
- Boeing Shares Plummet After Goldman Cut
- NEW YORK (Reuters) - Boeing Co BA shares fell to a two-year low on Wednesday after Goldman Sachs cut its rating on the plane maker and defense company to "sell" from "neutral," reflecting falling orders, problems facing airlines and high fuel...
- News items 2008-06-25
- Lockheed Backs EADS Tanker Deal
- FRANKFURT (Reuters UK) - European defence and aerospace group EADS EAD won support for its $35 billion (18 billion pounds) deal to supply refuelling tankers to the U.S. Air Force from rival Lockheed Martin LMT, which hopes to sell more of its products abroad. In...
- News items 2008-06-21
- Lockheed Backs EADS Tanker Deal: CEO in Magazine
- FRANKFURT (Reuters) - European defense and aerospace group EADS EAD won support for its $35 billion deal to supply refueling tankers to the U.S. Air Force from rival Lockheed Martin LMT, which hopes to sell more of its products abroad. In...
- News items 2008-06-21
- French Court to Try U.S. Airline Over Concorde Crash
- By Crispian Balmer PARIS (Reuters) - A French judge has ordered U.S. carrier Continental Airlines and five individuals to stand trial over the crash of an Air France Concorde that killed 113 people, a prosecutor's statement said on Thursday. The judge said the...
- News items 2008-07-03
- Former EADS No.2 Targeted in Insider Trading Probe
- PARIS (Reuters UK) - The former number two at EADS EAD, ex-strategy chief Jean-Paul Gut, has been placed under formal investigation in a French probe into suspected insider trading at the Airbus parent company, a judicial source said on Wednesday. The move comes two weeks...
- News items 2008-06-18
- Delta to Cancel Pinnacle Regional Contract
- And you thought it was just Mesa who Delta didn't like? Apparently, Delta, having failed in the courts to cancel its contract with Mesa, has now turned to another regional provider, Pinnacle, to do the exact same thing. I'm curious to see why they think this is going...
- Blog posts 2008-06-11
- AMR Cutting Jobs to Offset Fuel Prices
- By Kyle Peterson CHICAGO (Reuters) - AMR Corp AMR, parent of American Airlines, will reduce its employee headcount by about 8 percent as it cuts capacity to offset record-high fuel prices, the company said in an internal memo on Wednesday. In a letter...
- News items 2008-07-02
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