Capacity Cut Fallout at PNCL, Chautauqua, XJT, Trans States; Reductions at Comair, Jazz
Pinnacle Reprieve, DL Cuts 50% of RJ 50s Pinnacle and Delta are in negotiations to resolve differences in how the Delta Connection performed but Delta has given the regional airline a reprieve from the July 31 termination of Delta Connection operations, accoreding to Pinnacle's latest SEC filing. The two... [read more]
Mesa Posts $17.5M Profit, Seeks to Sell Kunpeng Interest
With few investment analysts on its quarterly conference call, Mesa Air Group Chair Jonathan Ornstein did his best to put a positive spin on the airline’s prospects but only seemed to succeed in tap dancing around question what few questions were asked. The airline posted a pro forma net loss for the...
MAIR Dissolved
On June 25, 2008, the shareholders of MAIR Holdings, Inc. voted to approve the company’s dissolution and plan of liquidation. The company was founded in 1993 when Mesaba executives decided to spin off its turboprop operation to MAIR in favor of growing into a low-cost operation that became AirTran. At...
RJ 50s to be Slashed, Scope Clauses Changing, Used Market Robust
Because of its essential role in U.S. regional airline service, there will be no immediate wholesale abandonment of the RJ 50, according to Luis Chiessi, Embraer’s vice president market intelligence – airline market who added, however, the company expects between 250 to 270 RJ 50s, in addition to...
Boeing Forecasts RJs as “Declining Segment”
In direct contradiction to Embraer’s forecast, Boeing said regional jets will be a declining segment of the industry as airlines up-gauge to single-aisle aircraft. The company, which said that regional jets will still be an $80 billion segment over the next 20 years at 2,510 units, cited capacity...
XJT to Issue More Stock to Cover Debt
ExpressJet Holdings stockholders approved the issuance of the number of shares of its common stock as may be reasonably necessary to repurchase all of the company's outstanding 4.25 percent convertible notes due 2023 and an increase of the company's authorized common stock from 200 million shares to 400...
Executive Gets New President
Pedro Fabregas, Vice President - Finance and Planning, will become Executive Airlines new president, succeeding Ed Criner, who will head American Eagle’s largest operation at O’Hare. "I'd like to personally thank Ed for his leadership and contributions to our San Juan operation over the past...
AK Gains New Code Share
Alaska Airlines forged a new regional partnership with Frontier Alaska Airlines, a year-round commuter and postal carrier between Fairbanks and Anchorage. It was recently formed through the combination of Hageland Aviation Services and Frontier Flying Service and is now the state’s largest regional...
Soundbites – Regional Fares, Oil Speculation
• TripplerTravel.com Founder Terry Trippler noted that passengers rarely pay for the full cost of serving small markets. That may be so, but it ignores airport complaints about the high price of flying out of such markets at Norfolk, Va. and Albany, N.Y. which primes the market for leakage to less...
Horizon Air Accelerating Fleet Transition
With fuel prices remaining at record high levels, Horizon Air is moving up the phase out of its smaller turboprops to speed its transition to a single fleet of highly fuel efficient Bombardier Q400s. In the process, the airline is implementing additional schedule changes to further improve its financial...
Regionals Have Better On-Time Performance
In a flip from the usual statistics issued by the Bureau of Transportation Statistics, regional carriers outperformed the major airlines for on-time performance, according to FlightStats, an on-line provider of global flight status information, which released its June 2008 airline and airport on-time arrival...
Loss of Data Mining would Forfeit 95% of Data
Without its data gathering programs such as Air Transportation Oversight System (ATOS), which prioritizes inspector work assignments using the Air Carrier Assessment tools to identify risks and Aviation Safety Action Program (ASAP), which encourages aviation employees to voluntarily report safety information...
BBD Offers Short Field CSeries
Bombardier will make a short-range, high-thrust variant of the 110- to 149-seat CSeries for customers who do not need the transcontinental range but who do have requirements for short field performance such as that required for London City Airport. The change comes at a time when Pratt & Whitney has...
P&W Confirms 12-15% Fuel Reduction with GTF
Pratt & Whitney’s Geared Turbofan (GTF) demonstrator engine has completed Phase II ground tests and has been cleared for flight testing. Test results show more than 12 percent reduction in fuel burn. There is also a corresponding reduction in carbon emissions amounting to 3,000 fewer tons of CO2...
Embraer Breaks Delivery Records
Embraer delivered 52 aircraft during the second quarter of 2008 (2Q08), closing out the semester with record of 97 jets delivered. This result is a 59 percent increase over the 61 airplanes delivered during the first semester of 2007. The company's firm order backlog for the Commercial Aviation, Executive...
Midwest Restructuring
Midwest Airlines hired restructuring specialists Seabury Group to help it navigate the industry’s economic and fuel crises, which includes grounding a third of its mainline fleet and turning its regional airline partner, Skyway, into a ground services organization, in favor of a capacity purchase...
Quick Takes
Indonesia Grounds Five Regionals Indonesia grounded five airlines, giving them three months to improve safety standards or face a ban, according to RAN’s sister publication Air Safety Week. A safety audit found Helizona, SMAC, Asco Nusa Air, Tri-MG Intra Asia Airlines and Dirgantara Air Service failed...
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