US Airways appoints two industry veterans to key operation positions
US Airways announced the appointment of two executives, pending board of directors’ approval, who will oversee key parts of the airline
7 January 2008
TAM and LAN Peru begin shared flights
TAM and LAN Peru have begun their operational codeshare agreement. The partnership allows TAM to sell flights operated by LAN Peru between Sao Paulo and Lima, with the possibility of connections to the cities of Arequipa and Cuzco. In return, LAN Peru will offer multiple flight options to various Brazilian state capitals and cities served …
Pratt & Whitney and Turkish Airlines Technic form MRO joint venture
Pratt & Whitney and Turkish Airlines Technic Inc. signed a joint venture agreement on January 7th, to build an aircraft engine overhaul center in Istanbul. Financial terms of the agreement were not disclosed. The joint venture facility, to be named Pratt & Whitney Turkish Technic Aircraft Engine Maintenance Center LLP, will overhaul V2500 and CFM56 …
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River Hawk Aviation subsidiary adds aircraft to aviation management program
River Hawk Aviation has reached agreement with its aviation partner Aerologistics Investment Partners, LLC (Aerologistics), to provide aviation management services for a Cessna Citation II that it is acquiring. The management services are to be provided through Profile Aviation Services, a wholly owned subsidiary of the Company. The Cessna Citation II is a very popular …
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Polar Air Cargo Worldwide hires new VP Sales and Marketing, Americas
Atlas Air Worldwide Holdings released that Polar Air Cargo Worldwide has hired Thomas Betenia as Vice President Sales and Marketing, Americas, effective January 7, 2008. Mr. Betenia, who will be based in Purchase, NY, comes to Polar from Lufthansa Cargo AG, most recently as Director of Sales and Handling for the U.S. Northeast and Mid-Atlantic …
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WestJet reports December load factor of 79.3%
WestJet reported a record December load factor of 79.3%, up 1.3 pts compared to December 2006. This was accompanied by 15.2% capacity growth and an increase in traffic of 17.1%.
Alaska Air Group reports 6.5% more traffic for December
Alaska’s December traffic increased 6.3% while capacity increased 5.2% compared to December 2006. This resulted in a passenger load factor of 75.8%, compared to 75.1% in December 2006.
Pinnacle purchases $20 million of preferred share from Northwest Airlines
Pinnacle Airlines Corp. has purchased its Class A Preferred Share from Northwest Airlines Corp. at a purchase price of $20 million. The purchase is in accordance with the Airline Service Agreement between Pinnacle and Northwest agreed to a year ago. “This is the last step in the process of becoming independent that began with our …
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Delta Air Lines reports December traffic
Delta Air Lines reported traffic results for December 2007. System traffic for December 2007 increased 3.0 % from December 2006 on a capacity increase of 3.1% Delta’s system load factor was 77.7% in December 2007, flat from the same period last year.
Forward Air Corporation appoints new officers
Forward Air Corporation reported that Chris C. Ruble has been promoted to the position of Executive Vice President and that Matthew J. Jewell has been promoted to the position of Executive Vice President and Chief Legal Officer. Mr. Ruble