Airline Finance News - North America.Jul 23, 2007 U.S. airlines in June took in less revenue than a year ago for every mile they flew domestic passengers, a trade group said Friday. Jul 20, 2007 US airlines has bombarded the Department of Transportation (DOT) with bid requests for new service rights, following the aviation agreement with China that will see six new routes awarded between now and 2009. Jul 17, 2007 Continental Airlines, Delta Air Lines, Northwest Airlines and US Airways yesterday tendered bids for routes from the U.S. to China. The new access comes as a result of an aviation agreement signed by China and the U.S. last week. The Transportation Department will award six new routes between 2007 and 2009. Jul 17, 2007 Air Canada, Air Canada Jazz Jazz Air LP (Air Canada Jazz) is a Canadian regional airline based in the Halifax Regional Municipality, at the Halifax Stanfield International Airport in Enfield, Nova Scotia. Air Canada and Air Canada Jazz flew a combined 4.5 billion RPMs in June, up 2% on the year-ago month. Capacity climbed 1.8% to 5.43 billion ASMs and load factor rose 0.2 point to 82.8%. Jul 18, 2007 AirTran Group Midwest Airlines
Midwest Airlines is an American scheduled passenger airline based in Milwaukee, Wisconsin, operating from General Mitchell International Airport. AirTran will present its case for a buyout of Midwest Airlines at a Midwest board meeting, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. company officials. The Midwest board of directors has steadfastly rejected a takeover by AirTran, but that could change now that a newly elected board includes three members hand-picked by AirTran. Jul 16, 2007 Alaska Airlines Alaska Airlines, (NYSE: ALK) is an airline based in Seattle, Washington, United States. It operates hubs at Seattle-Tacoma International Airport, Ted Stevens Anchorage International Airport, Los Angeles International Airport, and Portland International Airport. Alaska Airlines flew 1.72 billion RPMs in June, a 4.9% increase from the year-ago month. Capacity was up 5.2% to 2.12 billion ASMs and load factor down 0.2 point to 81.3%. Jul 17, 2007 American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the American Airlines parent AMR (1) (Adaptive Multi-Rate) A variable rate speech codec selected by the 3GPP for the 3G evolution of the GSM cellphone system (WCDMA). Using the Algebraic CELP (ACELP) compression technology, AMR provides toll quality sound at transmission rates from 4.75 to 12. posted a second-quarter profit on Wednesday that fell short of expectations, weakened by severe weather disruptions. AMR said its profit amounted to USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $317 million, compared with USD$291 million a year earlier. Revenue slipped 1.6 percent to USD$5.88 billion. Weather disruptions reduced revenue by USD$50 million. Jul 19, 2007 Continental Airlines Continental's Earnings Up On International Demand. Continental Airlines posted a better-than-expected 15 percent increase in quarterly earnings on Thursday on strong demand for transatlantic and other international flights. The fourth-largest US carrier by passenger traffic said second-quarter net profit rose to USD$228 million, from USD$198 million in the same period a year ago. Operating revenue operating revenue Revenue from any regular source. Revenue from sales is adjusted for discounts and returns when calculating operating revenue. Compare other revenue. rose 5.8 percent to USD$3.71 billion as yield rose 1.5 percent and capacity increased 4.7 percent. Jul 20, 2007 Continental Airlines Most airline stocks fell Friday, as Continental Airlines warned of higher costs in the third quarter. After reporting second-quarter profit above Wall Street expectations Thursday, Continental also warned that it will likely face tougher third-quarter unit costs -- a measurement of expenses divided by capacity. Jul 20, 2007 Delta Air Lines Delta Air Lines, which emerged from Chapter 11 at the end of April, said second-quarter net profit jumped to USD$1.77 billion, compared with a loss of USD$2.2 billion a year ago, when the company's shares were unlisted. Operating revenue rose 5.5 percent to USD$5 billion on higher fares and fuller planes, with trans-Atlantic and Latin American routes American Routes is a public radio program hosted by Nick Spitzer that explores connections between the many musical styles that have blossomed in the United States. It began in the late 1990s, and normally originates from studios in the French Quarter of New Orleans, especially strong. Jul 19, 2007 Delta Air Lines, Southwest Airlines This article is about the American airline. For the former Japanese airline, see Japan Transocean Air. For the British airline, see Air Southwest. Southwest Airlines Co. Delta Air Lines and Southwest Airlines reported better-than-expected quarterly profits on Wednesday, helped by broadly higher ticket prices and relatively strong demand. Delta, recently out of a 19 month spell under bankruptcy protection, reported a large profit helped by one-time items related to its reorganization. Southwest, the leading US discount carrier, saw its net profit fall as its financial hedges provided less protection from rising fuel prices, but the decline was less than expected. Jul 19, 2007 Midwest Airlines, Midwest Connect Midwest Airlines and Midwest Connect flew a combined 447.4 million RPMs in June, up 18.4% from the year-ago month. Capacity climbed 15.4% to 518.3 million ASMs and load factor was up 2.2 points to 86.3%. Yield fell an estimated 5.4% year-over-year to 14.2 cents and unit revenues dropped an estimated 2.9% to 12.2 cents. Jul 19, 2007 Point2Point Airways Point2Point Airways , an air taxi air taxi n. A small aircraft that makes short local flights to areas not serviced by regular airlines. start-up based in Bismark, North Dakota North Dakota, state in the N central United States. It is bordered by Minnesota, across the Red River of the North (E), South Dakota (S), Montana (W), and the Canadian provinces of Saskatchewan and Manitoba (N). , has returned or liquidated its fleet of three aircraft. Jul 17, 2007 SkyWest Airlines SkyWest Airlines and 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. flew a combined 1.63 billion RPMs in June, up 14.5% on the year-ago month, against a 15.9% climb in ASMs to 1.99 billion. Load factor slipped 1 point to 81.7%. Jul 17, 2007 World Airways, ATA Airlines, Global Aero Logistics Global Aero Logistics, Inc., formerly known as New ATA Holdings Inc., is a private airline holding company, owned by the worldwide Matlin Patterson Investment firm, but based in Indianapolis, Indiana. The company's principal operational holding is ATA Airlines, Inc. (ATA). World Air Holdings said yesterday that its stockholders "overwhelmingly indicated their support" for a merger agreement that would see WAH, parent of World Airways and North American Airlines North American Airlines is an American airline based in New York City, USA. It operates scheduled international services from the USA to Africa and Guyana, as well as domestic and international charter services and wet lease services. Its main base is John F. , acquired by ATA Airlines parent Global Aero Logistics. Stockholders voted by a 98% to 2% margin to approve the transaction and WAH said it anticipated the deal will close by the end of the current quarter. Jul 19, 2007 ZZ Editorial eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact our Director of Content Aram Gesar eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new service that keeps travelers informed on flight and airport status via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Pyramid Media Group / Air Travel Media. All rights reserved. |
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