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independence air

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Fitch Affirms Metro Washington Airports Authority at 'AA'; Outlook Stable
NEW YORK -- Fitch assigns an 'AA' rating to the authority's $175 million series 2008 B AMT bonds and affirms the 'AA' long-term underlying rating on the Metropolitan Washington Airports Authority's the authority approximately $4.2 billion of outstanding airport system revenue bonds. The Rating Outlook is Stable. The bonds are...
Tags: bond, carrier, FINANCE, Fitch, Independence Air, Investment, United Airlines
Research articles 2008-09-25
Fitch Rates Metro Washington Airports' $250MM Revs 'AA', Outlook Stable
NEW YORK & CHICAGO -- Fitch assigns a 'AA' rating to the Metropolitan Washington Airports Authority's the authority $250,000,000 airport system revenue bonds, series 2008A AMT, scheduled for negotiated sale on or about June 11th. Fitch also affirms the 'AA' long-term underlying rating on the authority's approximately $3.9 billion of...
Tags: carrier, Fitch, Independence Air, United Airlines
Research articles 2008-06-06
Correction - Fitch Affirms Metro Washington Airports at 'AA'
NEW YORK -- (This is a correction for a press release that was published earlier today. It corrects information in the last paragraph.) Fitch Ratings affirms the 'AA' long-term underlying rating on the Metropolitan Washington Airports Authority's the authority approximately $3.9 billion of outstanding airport system revenue bonds. The...
Tags: carrier, financial, Independence Air, United Airlines
Research articles 2008-02-29
Fitch Affirms Metro Washington Airports at 'AA'
NEW YORK -- Fitch Ratings affirms the 'AA' long-term underlying rating on the Metropolitan Washington Airports Authority's the authority approximately $3.9 billion of outstanding airport system revenue bonds. The authority is currently converting its outstanding $70.5 million series 2003D-1 and $70.5 million 2003D-2 from auction rate mode to variable rate...
Tags: auction, bond, carrier, FINANCE, Fitch, Independence Air, Investment, United Airlines, Wachovia Corp.
Research articles 2008-02-29
Fitch Rates Metro Washington Airports $530MM Revs 'AA'; Upgrades Outstanding
CHICAGO -- Fitch upgrades the rating on the Metropolitan Washington Airports Authority's the authority $3.4 billion of outstanding airport system revenue bonds to 'AA' from 'AA-', and assigns the rating to its $530 million airport system revenue bonds, series 2007B (alternative minimum tax [AMT]) scheduled for negotiated sale on or...
Tags: carrier, FINANCE, financial, Fitch, Independence Air, United Airlines
Research articles 2007-08-27
ExpressJet's new service aims to be a time saver
FORT WORTH -- Travelers this week may begin buying airline tickets on a Texas-based carrier that plans to have service to 24 cities coast-to-coast by the end of June. ExpressJet, a feeder airline spun off by Continental Airlines in 2002, launches its own scheduled air service...
Tags: carrier, Continental Airlines Inc., ExpressJet, Independence Air
Research articles 2007-02-06
Passenger traffic at Hancock fell in 2006
SYRACUSE - Passenger traffic Rely fell at Syracuse Hancock International Airport in 2006, with numbers through November down 8.6 percent, according to the city of Syracuse, which oversees the airport. The city has not yet released passenger numbers for the full year. Even if Hancock were to match its busiest...
Tags: Independence Air, Phoenix Technologies
Research articles 2007-01-12
Fitch Rates Metro Washington Airports Authority, D.C.'s $400MM Bonds 'AA-'; Outlook Stable
NEW YORK -- Fitch assigns a 'AA-' rating to Metropolitan Washington Airport Authority the authority, D.C's $400 million of airport system revenue bonds, series 2006B (alternative minimum tax [AMT]). The bonds are expected to price on or about Nov. 13, 2006 through negotiation led by Lehman Brothers and carry 'AAA'...
Tags: bond, FINANCE, financial, Fitch, Independence Air, Investment, revenue
Research articles 2006-10-31
U.S. Labor Secretary Announces $1 Million Grant to Assist Dislocated Airline Workers in Virginia
WASHINGTON, May 1 /U.S. Newswire/ -- U.S. Secretary of Labor Elaine L. Chao today announced a one million dollar grant to assist Virginia airline workers affected by the closure of Independence Air, Inc., a subsidiary of FLYi, Inc., located at Dulles Airport, Virginia. Approximately 778 workers will be served...
Tags: certification, closure, Independence Air, secretary, training, Virginia, worker
Research articles 2006-05-01
Southwest plans service at Dulles
DALLAS -- Southwest Airlines Co. will begin service this fall at Dulles International Airport outside Washington, D.C., stepping into a void left by the collapse of Independence Air. The move would mark Southwest's latest entry into the hub of a major rival -- UAL Corp.'s United Airlines --...
Tags: Independence Air, Southwest Airlines Co.
Research articles 2006-04-05
Airline delays, baggage complaints rising
WASHINGTON -- JetBlue and other low-fare airlines once again held the top rankings in a national survey of carrier quality, made public Monday. The survey found that people are flying more and complaining more. Following JetBlue in the rankings were Air Tran, Independence Air and Southwest. Independence has...
Tags: baggage, Independence Air, MARKETING, Y2K
Research articles 2006-04-04
Airport deals with loss of two low-cost carriers
SYRACUSE - So far, airfare from Syracuse has not risen significantly in the wake of recent shutdowns by TransMeridian Airlines and Independence Air, although passenger traffic did take a hit, according to local officials. Traffic in November, the most recent month for which data was available, was down 2.8 percent...
Tags: carrier, Independence Air
Research articles 2006-02-10
Independence Air service ends.(Puerto Rico)(Brief Article)
INDEPENDENCE AIR SERVICE ENDS. Less than one month after entering the Puerto Rico market, low-fare airline Independence Air ended service between Washington Dulles Int'l and Luis Munoz Marin Int'l, reports The San Juan Star (Jan. 8, 2006). Parent firm FLYi Inc., which filed for Chapter 11...
Tags: FINANCE, Independence Air
Research articles 2006-02-01
Many fares steady after airline closes
The closure of East Coast carrier Independence Air this month holds a lesson for air travelers who lose discount competition in their markets: It might not be as bad as expected. A new analysis by consultant Sabre Airline Solutions for USA TODAY shows competitors' fares mostly stayed unchanged after...
Tags: carrier, Independence Air, Sabre Holdings
Research articles 2006-01-20
American Airlines will help independence air customers make other travel arrangements.
M2 PRESSWIRE-6 January 2006-American Airlines: American Airlines will help independence air customers make other travel arrangementsC1994-2006 M2 COMMUNICATIONS LTD RDATE:05012006 FORT WORTH, Texas - American Airlines today announced it has implemented policies to assist customers who need to make other travel...
Tags: American Airlines, Independence Air, INTERNET
Research articles 2006-01-06
Independence CEO says he doesn't regret gamble
The chief of Independence Air, which shuts down tonight, has no regrets about his failed experiment to create the industry's first discount airline flying 50-seat jets. CEO Kerry Skeen said in an interview Wednesday that launching Independence Air from suburban Washington's Dulles airport in 2004 made sense "based on...
Tags: Independence Air
Research articles 2006-01-05
Fliers lose an ally ...
Perhaps Independence Air's timing was bad, taking flight in 2004 just as fuel prices were about to soar. Perhaps its use of small jets with big operating costs never made much sense. Perhaps it hurt itself with unsustainably low airfares. Even so, Independence will be sorely missed by people...
Tags: Independence Air
Research articles 2006-01-06
Bad business plan grounds airline
Bad business plan grounds airline As an employee for one of Independence Air's competitors, I can't say I will miss the airline. Although I feel bad for its employees, the airline has no one to blame for its demise but its irresponsible management ("Independence quits flying Thursday," Money, Tuesday)....
Tags: Independence Air, Strategy
Research articles 2006-01-06
Fares in many cities could be on their way up
After Independence Air shuts down Thursday, airfares in many of the more than 30 cities it serves could double or even triple, airfare experts predict. "We're going to learn the true meaning of 'sky high,'" airline consumer expert Tom Parsons, CEO of Bestfares.com, said Monday. "People who live in...
Tags: Independence Air, SALES
Research articles 2006-01-03
Fitch Rates Metro Washington Airports Authority, D.C. $300MM Bonds 'AA-'
NEW YORK -- Fitch Ratings assigns an 'AA-' rating to Metropolitan Washington Airport Authority (MWAA, or authority), D.C.'s $300 million of airport system revenue refunding bonds, series 2006A (alternative minimum tax AMT). The bonds are expected to be insured by Financial Security Assurance Inc. whose insurer financial strength is rated...
Tags: bond, carrier, FINANCE, financial, Fitch, Independence Air, Investment
Research articles 2006-01-04
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