Nov. Traffic Down 4.6 % Worldwide
World airlines took a 4.6 percent hit on traffic in November when cargo traffic dropped a dramatic 13.5 percent, according to statistics released by the International Air Transport Association last week. With a capacity drop of 1.0 percent, November international passenger load factors stood at 72.7 percent... [read more]
Aviation Stimulus Creates 800K Jobs
Investing $30 billion on transportation infrastructure would create 834,000 jobs, according to the National Air Transportation Association. In a letter to Congress, President James Coyne said modernizing the air traffic control system increases capacity and improves safety. “The impact of inadequate...
Safety Watch
AE Plane, Others Hit by Winds A 90 degree turn caused by 60-knot winds on the ramp delayed the boarding of a Detroit-La Guardia American Eagle flight. The ERJ 135 was one of four aircraft battered by winds at Detroit between 5:30 and 6:05 a.m. on Sunday morning when the North Terminal also briefly lost...
Frontier in Net Profit for November, Reaches Pilot Deal
Frontier Airlines Holdings, Inc. reported a consolidated net profit of $2.9 million in its Monthly Operating Report for November when it also reported an operating profit of $2.5 million for the month. Included in Frontier's operating profit were non-cash mark-to-market losses on fuel hedge contracts of $2.0...
Financial Watch – Jazz, Mesa, Obesity Rules, Air Canada, Delta
Air Canada, Jazz in CPA Negotiations Jazz continues to negotiate new rates for controllable costs with Air Canada but if it does not reach an agreement by January 31, the issue will be referred to commercial arbitration as provided in its Capacity Purchase Agreement. The negotiations cover controllable costs...
Second SSJ100 Takes Flight
On Christmas Eve, the second of four SSJ100 prototypes SN95003 took to the skies joining the flight test program for the Sukhoi SuperJet started earlier this year. The aircraft took off from the factory runaway and safely landed after a successful, two-hour, 30-minute flight at the altitude up to 6,000 m...
DOT to Cut Cap at LGA
Stalled from conducting slot auctions, the Department of Transportation said it will further cut flights at La Guardia as part of congestion reduction...
New Board Member at PNCL
Susan MacGregor Coughlin, a former vice chair and member of the National Transportation Safety Board recently joined Pinnacle’s board. Coughlin is founder and president of Air Safety Management Associates, a consulting firm serving...
Market Watch
Air Panama Launches Saab Service Air Panama took delivery of its first ex Colgan Saab 340B in December, with a second aircraft scheduled for arrival in early 2009. Saab Aircraft Leasing acted as a broker for both the airline and TurboLease, a Connecticut-based company acting as the lessor in this...
NTSB Concerned Over Losses at ASAP
After successfully gaining regional airline participation in the Aviation Safety Action Programs, the National Transportation Safety Board issued a concern over the loss of several major carriers from the program including American, Delta and Comair. Related Story The Allied Pilots Association, in dropping...
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