Northwest Airlines reached interim labor cost savings agreements with the Air Lines Pilots Association (ALPA) and the Professional Flight Attendants Association (PFAA). The ALPA Master Executive Council agreed to temporary pay and other reductions of $215 million on an annualized basis and PFAA leaders agreed to cuts of $117 million. The ALPA agreement is subject […]
JetBlue Airways has priced its public offering of 7,500,000 newly issued shares of its common stock at $18.00 per share, generating gross proceeds of $135 million. The Company has also granted to the underwriters of this offering an over-allotment option to purchase up to an additional 1,125,000 shares of common stock which, if exercised in
JetBlue offers new shares to raise $135 million Read More »
air arabia the low-fares airline in the Middle East and North Africa region, announced the start of operations to Amman from 11th November 2005.
Air Arabia to fly to Amman Read More »
Air Berlin is to step up its competition in the UK marketplace by creating its third European hub at London Stansted, adding domestic UK routes to its schedule and expanding the number of international flights. First routes from Stansted will be Glasgow and Manchester.
Air Berlin launches UK domestic flights Read More »
Northwest Airlines announced that Anna Schaefer has been named vice president
Northwest Airlines names Anna Schaefer Vice President Read More »
GoJet Airlines, a new carrier based in St. Louis, Missouri, has taken delivery of three of six Bombardier CRJ700 regional jets under a lease agreement with General Electric Commercial Aviation Services (GECAS).
Gojet Airlines Takes Bombardier CRJ700 Deliveries From GECAS Read More »
Northwest Airlines announced a systemwide October 2005 load factor of 82.9%, 2.6 points above October 2004. Northwest flew 5.9 billion revenue passenger miles (RPMs) and 7.1 billion available seat miles (ASMs) in October 2005, a traffic decrease of 4.0% and a capacity decrease of 6.9% versus October 2004.
Northwest Airlines reports 82.9% load factor in October 2005 Read More »
American Airlines reported an October load factor of 77.1% (74.9% in 2004). Traffic grew by 1.5% year over year, on a 1.5% reduction in capacity. The airline reported 10,873 million RPM (10,717 in 2004). International traffic increased by 4.4% relative to last year, on a capacity increase of 4.7%. Domestic traffic was essentially flat compared
American Airlines October traffic grew 1.5% year over year Read More »
American Eagle Airlines reported systemwide traffic for October increased 21.2% from October 2004, on a capacity increase of 16.3%. System load factor was 72.5% (69.6% in 2004). The airline reported 721 million RPM (595 in 2004). American Eagle boarded 1.7 million passengers in October, up 9.8% from October 2004.
American Eagle Airlines reports October traffic Read More »
Airbus’ third A380, MSN 2, performed its first flight on 3rd November. The flight lasted three hours and took the aircraft over Southern France. During the flight, all systems were checked out and the whole flight envelope was cleared. The tests performed were similar to those of a serial production plane. The aircraft joins the
Third A380 performs first flight Read More »
