Ryanair announced its 26th European and fifth Spanish base in Reus Barcelona. From October, Ryanair will invest $140 million in 2 new aircraft and 12 routes that will deliver 1,000 jobs and over 1million passengers p.a. for Tarragona.
Forward Air Corporation reported results for the fourth quarter and fiscal year ended December 31, 2007. Operating revenue for the quarter increased 22.8% to a record $114.5 million from $93.2 million for the same quarter in 2006. Income from operations was $20.0 million, compared with $18.9 million in the prior-year quarter, an increase of 5.9%.
SkyWest reported a 3.4% increase in traffic for January, while capacity increased 5.1% compared to the same period last year. Load factor was down 1.2 percentage points to 71.0% compared to 72.2% for the same period last year.
Delta Air Lines reported system traffic increased 2.5% in January 2008 on a capacity increase of 0.2%. The system load factor for the month was 75.4% an increase of 1.7 pts compared to the same period last year.
Air Canada reported that traffic increased 3.4% in January 2008, capacity increased by 3.3%, resulting in a load factor of 78.7% compared to 78.6% in January 2007. Jazz, from which Air Canada purchases regional capacity, reported 8.1% more traffic in January 2008 than in January 2007, capacity increased by 7.8%, resulting in a load factor
JetBlue Airways Corporation reported that its traffic in January increased 7.2% from January 2007, on a capacity increase of 8.0%. Load factor for January 2008 was 75.6%, a decrease of 0.5 points from January 2007.
Southwest Airlines reported that traffic increased 5.9% in January 2008, capacity increased 5.3% and the load factor for the month was 64.2%, compared to 63.8% for the same period last year.
US Airways Group reported January 2008 traffic results. Traffic for the month was down 0.9% from January 2007. Capacity was down 2.7% from January 2007and passenger load factor for the month of January was 75.2%, up 1.4 points versus January 2007.
In January 2008, passenger capacity was 0.6% below January 2007 and traffic fell 1.6%. This resulted in a passenger load factor down 0.7 points versus last year, to 69.2%.
American Airlines reported a January load factor of 76.6% an improvement of 1.3 points compared to the same period last year. Traffic increased 0.2% year over year as capacity decreased 1.5 %.
