Company Watch - Delta Air Lines.Mar 26, 2007 CSA (1) (Canadian Standards Association, Toronto, Ontario, www.csa.ca) A standards-defining organization founded in 1919. It is involved in many industries, including electronics, communications and information technology. Czech Airlines CSA Czech Airlines (in Czech: České aerolinie (abbreviation: ČSA)) is the Czech national airline company, and former national carrier of Czechoslovakia based at Ruzyně International Airport, Prague. will place its code on Delta Air Lines' four-times-weekly Atlanta-Prague service from May. Flights operate five-times-weekly June 4-Sept. 1. Mar 22, 2007 Delta Air Lines flew 7.94 billion system RPMs in February, a 2.6% increase over the year-ago month. Capacity rose 2.8% to 10.71 billion ASMs and load factor dipped 0.2 point to 74.1%. Domestic RPMs fell 5% to 5.65 billion against a 5% decline in ASMs to 7.46 billion, leaving load factor at 75.8%. International traffic rose 27.7% to 2.89 billion RPMs, capacity grew 27% to 3.26 billion ASMs and load factor was up 0.4 point to 70.3%. Mar 23, 2007 No windfall for 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. when Delta exits bankrupcty The CEO of Delta Air Lines will not receive stock, severance or incentive payments when the company leaves bankruptcy protection. Gerald Grinstein Gerald Grinstein is the former CEO of Delta Air Lines, Inc. of Atlanta, Georgia, the world's second largest airline. Grinstein came to the position in 2004, after CEO Leo F. is expected to retire when Delta's board selects a new CEO. Delta plans Delta Plan, flood control and reclamation project, S Netherlands, in the Rhine River delta. Built in 1957–81, it involved construction of four major dikes (up to 131 ft/40 m high) across the Rhine's four estuaries on the North Sea, three auxiliary dams, and a to distribute about $995 million to nonunionized employees and managers within 12 to 14 months of leaving bankruptcy. Mar 20, 2007 FAA's international rest rules raise debate Some carriers say FAA rules requiring an extra day of rest for pilots flying some international routes are unnecessary and even counterproductive coun·ter·pro·duc·tive adj. Tending to hinder rather than serve one's purpose: "Violation of the court order would be counterproductive" Philip H. Lee. . They are negotiating with the FAA and may reach a resolution this spring. Delta Air Lines, however, agreed to the new rest rules four months ago. Mar 20, 2007 Delta Plans 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. $720 Mln Staff Payout Delta Air Lines plans to reward employees and managers, but not its chief executive, with about USD$720 million in cash and stock when it exits bankruptcy in the coming weeks, the airline said. Mar 20, 2007 Delta Air Lines said last week that it filed its election to obtain the benefit of the pension funding relief provided in the Pension Protection Act for the defined benefit retirement plan covering ground employees and flight attendants and that it made a voluntary $50 million contribution to the plan. It expects to contribute an additional $50 million this year as part of the funding schedule mandated by the new federal law. Mar 19, 2007 Republic strategizing in wake of Delta's service agreement revision Republic Airways Holdings Republic Airways Holdings, Inc. (NASDAQ: RJET) is an aviation holding corporation based in Indianapolis, Indiana, which owns three regional airlines operating in the United States: Chautauqua Airlines, Republic Airlines and Shuttle America. is unlikely to hold onto the 15 Embraer ERJ-135s released from the amended service agreement with Delta Air Lines announced last week. Mar 19, 2007 Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new, free service that aims to keep travelers informed flight and airport status via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Air Travel Media / Pyramid Media Group. All rights reserved. Mar 19, 2007 |
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