XJT Rejects SkyWest Buyout Offer
ExpressJet Holdings, Inc. rejected an offer by SkyWest to acquire the company for $3.50 per share in cash but held out the possibility that a higher per-share offer could do the trick. For now, it is investigating all its options. The announcement results from considerations of a Special Committee composed... [read more]
Mesa Bankruptcy Questioned
The specter of a Mesa Air Group bankruptcy was raised twice during yesterday’s investor calls, illustrating Wall Street’s concerns about the troubled airline, which is contesting the loss of its Freedom Airlines, 50-seat Delta contract. Related Story During the Republic Airways Holdings...
Frontier Drops RJET, Claim Filed
Republic Airways will cease operating as a Frontier Jet Express effective mid June, as part of a mutual agreement reached with Frontier for the early termination of the airlines’ code sharing agreement. As a result, Republic Holdings intends to file a damage claim for approximately $260 million arising...
RJET Looking for Opportunities, But Not Off Shore
Republic Airways Holding CEO Bryan Bedford rejected suggestions that the company reduce cash on hand during last week’s analysts call, saying that with consolidation there may come opportunities for acquisition for which the company wants to be ready. “Our cash needs are fairly low,” he...
Horizon to Shed RJs, Employees
In an effort to streamline its operations, Horizon will transition out of its 20-aircraft Bombardier CRJ 700 fleet within two years in favor of the 76-seat Bombardier Q400. The action is in addition to its previously announced spin off of its Dash 8-200s by June 2009, many of which have been sold to...
Delta, NW, CO Regionals in Black, US & UA Express Post Losses
Regional affiliates contributing less and are costing more, according to first quarter financial reports showing Delta Connection, Northwest Airlink and Continental Express as net contributors to their mainline partners’ bottom lines, while United and US Airways Express programs followed American Eagle...
Webinar: New Aircraft Opportunities
How new technologies will affect the airline business is the topic of Aviation Today’s latest Webinar: New Aircraft, New Opportunities: What the OEMs Have in Store for You, slated for Thursday, May 15 at 1 pm. The webinar seeks to help aviation companies plan ahead answering such questions as what can...
AE Pilots Protest Regional Outsourcing
Citing recent safety concerns at Trans States Airlines, an American Connection, the American Eagle pilots' union, a unit of the Air Line Pilots Association, Int'l., said it is concerned about the possible loss of quality control if AMR Corporation allows further outsourcing of its regional airline service to...
Air Wisconsin Expands UA Ground Handling Agreement
In a move that would add 700 employees, Air Wisconsin Airlines Corporation is expanding its agreement with United Airlines, which adds ramp services to the over-wing (passenger) services Air Wisconsin currently performs at United's Washington Dulles (IAD) hub, and also increases from 23 to 27 the number of...
Porter Fights Newark Limitations
Just as it launched its first Toronto-U.S. service, the Federal Aviation Administration proposed limitations at its first destination – Newark – and Porter Airlines is none too happy. Indeed, it has filed a complaint with the FAA, joining a chorus of airlines, airline associations and airport...
P&W Expands at Mirabel
As Bombardier weighs its options of retaining CSeries production in Quebec, Pratt & Whitney Canada announced it will concentrate its flight test operations in a new world-class center at Montreal-Mirabel International Airport. The new global hub represents an investment of about $90 million. Flight test...
Airbus, Pratt Join to Test GTF
At a time when some are questioning the Geared Turbo-Fan, Airbus and Pratt & Whitney partnered to flight test the engine on an Airbus-owned A340 flying test bed. In a recent press briefing, Embaer Executive Vice President Commercial Aircraft Mauro Kern indicated that the geared turbo fan is not being...
Names in the News – Frontier, Bombardier, FAA/ATO
FL Adds Regional Vet to Management Team Effective May 1, Tom Bacon will be vice president of planning and revenue management, adding Frontier to his experience which includes vice president of planning for Mesa Air Group. He also spent more than 20 years with American Airlines in senior management roles...
Quick Takes – go!, Do328 VIP, DL/US Helicopter, ERA/ACI
go! Pilots Fired go! has fired the two pilots who overflew Hilo destination because they were asleep. Related Story The two may also face federal action as well from the Federal Aviation Administration. The Honolulu Advertiser quoted Paul Skellon, Mesa's vice president of corporate communications, who issued...
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