Airline Finance News - North America.For more airline finance news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Sep 4, 2006 Aloha Airlines Aloha Airlines parent Aloha Airgroup named Gordon Bethune chairman. He retired as Continental Airlines chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. in December 2004. Sep 1, 2006 Delta Air Lines Delta Air Lines is back in the black, reporting a July net profit of $69 million in a filing this week with the US Bankruptcy Court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. . It lost $41 million in the year-ago month. The result included $30 million in reorganization items, without which its monthly profit would have risen to $99 million. "July's results reflect the continued momentum of our restructuring," Executive VP and CFO See Chief Financial Officer. Edward Bastian said. "In the coming months, the challenge will be to sustain this momentum as we move into a traditionally slower season for our industry." Mainline CASM CASM Cost per Available Seat Mile CASM Communities and Small-scale Mining CASM Canadian Academy of Sports Medicine CASM Certificate of Advanced Study in Mathematics (Univeristy of Cambridge, UK) CASM Coherent Adaptive Subcarrier Modulation in July rose 1% year-over-year to 9.9 cents but fell 6.4% to 6.6 cents excluding fuel. Sep 1, 2006 Delta Air Lines Delta Air Lines said it received US Dept. of Transportation permission to begin selling seats on its daily New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of JFK-London Gatwick service scheduled to begin Nov. 15. Delta purchased the route authority from United Airlines last month. Final government approval is expected "within the next few weeks," DL said. It plans to add a second daily flight May 1. Aug 28, 2006 Mesaba Airlines Mesaba Airlines flew 100.5 million RPMs in July, down 43.9% from the year-ago month. Capacity dropped 42.1% to 147.1 million ASMs and load factor dipped 2.2 points to 68.3%. Aug 28, 2006 Midwest Air Group Midwest Air Group, Inc. AMEX: MEH is an airline holding company based in Oak Creek, Wisconsin now controlled by parent company, TPG Capital Texas Pacific Group. Northwest Airlines Inc,. Midwest Air Group flew a consolidated 388.6 million RPMs in July, an 18.5% increase over the year-ago month. Capacity climbed 14.4% to 463.3 million ASMs and load factor rose 2.9 points to 83.9%. Yield grew an estimated 8.6% to 14.1 cents and passenger RASM RASM Revenue per Available Seat Mile RASM Reliability, Availability, Scalability and Manageability (Red Hat, Inc.) RASM Rear Admiral Submarines (UK) RASM Recorded Announcement Systems Manager was up an estimated 12.5% to 11.9 cents. Aug 29, 2006 Northwest Airlines US judge temporarily prohibits Northwest cabin staff strikes. The US District Court for the Southern District of New York issued a temporary injunction Friday afternoon preventing Northwest Airlines flight attendants represented by the Assn. of Flight Attendants-CWA from conducting any strike or work action, granting the airline's appeal and reversing an earlier ruling by the US Bankruptcy Court. Aug 28, 2006 SkyWest Airlines SkyWest Airlines flew 1.47 billion RPMs in July, a 107.5% increase over the year-ago month reflecting the acquisition of Atlantic Southeast Airlines For the defunct low-fare airline, see . Atlantic Southeast Airlines (ASA) is a fully certificated American airline based in Atlanta, Georgia, USA flying to 144 destinations as a Delta Connection carrier. It is a wholly owned subsidiary of SkyWest, Inc. . Capacity climbed 99.4% to 1.79 billion ASMs, lifting load factor 3.2 points to 82.3%. Aug 28, 2006 |
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