Low Cost Airline News - North America.Jan 22, 2007 AirTran Airways AirTran Airways is a low-cost airline that is a Delaware corporation with headquarters in Orlando, Florida, USA and is a subsidiary of AirTran Holdings. AirTran operates over 750 daily flights throughout the eastern USA and the Midwest, including over 270 daily departures from AirTran said that an estimated 58% of Midwest's revenue is concentrated in its top 20 markets, with nearly 25% coming from the top five. The carrier's success depends on average fare premiums on routes such as Milwaukee-Boston and Milwaukee-New York LaGuardia on which it provides the only nonstop service, but AirTran contended these routes likely will face competition in the future. It said it has hesitated to attack "Midwest vulnerabilities" that would weaken the company and instead would prefer to merge the two airlines and incorporate the Midwest network, its employees and markets. "The value of the company is more than simply the hard assets," AirTran said. "Combining the strengths of Midwest Airlines
Midwest Airlines is an American scheduled passenger airline based in Milwaukee, Wisconsin, operating from General Mitchell International Airport. and AirTran Airways will create one of the strongest airlines in the US." Jan 19, 2007 AirTran Airways AirTran Airways launched twice-daily Atlanta-Phoenix flights Monday aboard 737-700s. Jan 17, 2007 AirTran Airways AirTran boosts offer for Midwest Air. Discounter AirTran Airways has raised its offer for 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,. to $345 million. The board of Midwest rebuffed AirTran's previous offer and on Wednesday unveiled a new growth plan that it says offers more value to investors. Jan 11, 2007 AirTran Airways AirTran Raises Midwest Bid. AirTran Holdings AirTran Holdings (NYSE: AAI) is a Nevada corporation that operates as an airline holding company. Its primary asset is AirTran Airways. History After the large amount of negative publicity surrounding the Flight 592 incident, ValuJet Airlines suffered serious raised its bid for Midwest Air by 19 percent 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. $345 million on Thursday, making the offer directly to shareholders and putting pressure on Midwest's management. Jan 11, 2007 AirTran Holdings, Midwest Air Group AirTran Holdings, which has launched a tender offer to acquire control of Midwest Air Group, said yesterday that the latter's plan for growth is "not well suited for low-cost competition" and relies too heavily on the use of older aircraft such as 50-seat CRJs and MD-80s. Last week Midwest unveiled its plan to boost revenue and increase capacity in an effort to bolster shareholder value and fend off AirTran's takeover effort. AirTran responded by launching an exchange offer valuing Midwest at $345 million. Jan 19, 2007 Frontier Airlines This article is about Frontier Airlines that was founded in 1994. For the company known as Frontier Airlines from 1950 to 1986, see Frontier Airlines (1950-1986). For the similarly named Frontier Flying Service see Frontier Flying Service. Frontier Airlines started weekly San Diego-Cancun, daily Los Angeles-Cabo San Lucas San Lu·cas , Cape A cape of western Mexico at the southern tip of Baja California extending into the Pacific Ocean. and daily San Francisco-Las Vegas flights. Jan 18, 2007 Frontier Airlines Frontier Airlines will begin daily Denver-Hartford service from March 2 aboard an A319. Jan 17, 2007 Frontier Airlines Frontier taps Republic to operate regional flights. Frontier Airlines has selected Republic Airlines as a regional partner. Republic will operate regional flights for Frontier using 17 Embraer 170 planes. Jan 12, 2007 Frontier Airlines Frontier Airlines said on Monday that its revenue in December would be down by about USD$11 million due to two major snow storms in the month, one of which shut down its primary Denver Airport hub for almost 48 hours. The airline said the storm-related loss of available seat miles Available seat miles (ASM) is a measure of an airline flight's passenger carrying capacity. It is equal to the number of seats available multiplied by the number of miles flown. This measures an airlines capacity for transporting passengers. in the December quarter will result in higher unit costs than previously anticipated. It said revenue passenger miles Revenue passenger miles (RPMs) is a measure of a passenger traffic for an airline flight, bus, or train calculated by multiplying the total number of revenue-paying passengers aboard the vehicle by the distance traveled measured in miles. decreased 2.2 percent for December from a year ago and its load factor decreased by 2.7 points. Jan 9, 2007 Frontier Airlines Frontier Airlines reached a four-year tentative labor agreement with the Frontier Airline Pilots Assn. that union President Jeffrey Thomas Jeffrey Thomas is the name of several prominent people:
JetBlue Airways For the Jet Blue database used in Exchange Server and Active Directory, see Extensible Storage Engine. JetBlue Airways is a major American low-cost airline owned by JetBlue Airways Corporation (NASDAQ: JBLU). JetBlue Airways flew 2.03 billion RPMs in December, a 9.8% rise over the year-ago month. Capacity climbed 14.6% to 2.56 billion ASMs and load factor fell 3.5 points to 79.4%. Jan 8, 2007 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. Southwest to announce Philadelphia expansion by spring. Southwest Airlines will announce new routes from Philadelphia International Airport by this spring. The airline expects to have five additional departure gates at the airport by Oct. 15. The airline has not yet decided which new cities it will serve from Philadelphia. Jan 18, 2007 Southwest Airlines Southwest Airlines was profitable for the 34th consecutive year in 2006, but posted just a 3.1% year-over-year increase in full-year net income to $499 million from 2005's $484 million as higher fuel prices and lingering security issues slowed its inexorable growth. Jan 18, 2007 Southwest Airlines Southwest Q4 profit, reflecting high costs, meets Wall St. expectations. Southwest Airlines said losses from fuel hedges and increased security costs pushed fourth-quarter net income down 19%. The airline reported net income of $57 million, down from $70 million in the same period a year ago. Jan 17, 2007 Southwest Airlines Southwest's Earnings Dip As Fuel Costs Rise. Southwest Airlines on Wednesday posted a 19 percent decline in fourth quarter earnings as swings in jet fuel prices led to increased costs. Jan 17, 2007 Southwest Airlines Southwest Airlines has proven that long-term hedging can be a formidable advantage, and any benefits from falling fuel prices could be quickly reversed, if prices spike again. But the lower fuel prices are broadly expected to stick. The welcome decline comes as the US airline industry emerges from a long slump following the airborne attacks of September 11, 2001. Cost cuts, resurgent re·sur·gent adj. 1. Experiencing or tending to bring about renewal or revival. 2. Sweeping or surging back again. Adj. 1. demand and fare increases have greatly improved the industry's financial prospects. Southwest, which stands to benefit less from lower oil prices, is the industry laggard, down 32 percent from its all-time high in December 2000. Jan 9, 2007 Southwest Airlines Southwest Airlines flew 5.51 billion RPMs in December, a 10.3% increase over the year-ago month. Capacity was up 8.3% to 7.99 billion ASMs and load factor rose 1.3 points to 68.9%. Jan 8, 2007 Virgin America Virgin America is a U.S. based low-cost airline that began service on 8 August 2007. The airline's stated aim is to provide low-fare, high-quality service for "long-haul point-to-point service between major metropolitan cities on the Eastern and West Coast seaboards". Virgin America unveiled "sweeping changes" designed to counter the US Dept. of Transportation's tentative rejection last month of its application for an operating certificate Operating certificate is a category of license issued by a government agency allowing an individual or company to provide a controlled type of service. These certificates are generally issued for a limited time period. . Jan 19, 2007 Virgin America Virgin America changes ownership pact with Branson's Virgin Group. Start-up Virgin America has modified its agreement with British-based Virgin Group in an effort to meet foreign airline ownership requirements in the U.S. Virgin Group will put voting shares Voting Shares Shares that give the stockholder the right to vote on matters of corporate policy making as well as who will compose the members of the board of directors. Notes: Different classes of shares, such as preferred stock, sometimes don't allow for voting rights. of the carrier under a U.S. trustee and give up veto authority over some business decisions. Jan 18, 2007 Virgin America Virgin America Seeks US Flight Approval. Virgin America revised its ownership application on Wednesday, hoping to reverse a tentative decision by US regulators to deny its bid to start low-cost airline service this year. Jan 18, 2007 Virgin America Virgin rallies public to support DOT application. Virgin America has launched a campaign to generate support among passengers for its DOT application. The airline is urging travelers to sign online petitions, and it is inviting TV cameras on its jetliners to show off their interiors. The DOT rejected Virgin's application in December on foreign ownership grounds. Jan 11, 2007 WestJet Airlines, aiRES WestJet indefinitely postponed installation of the aiRES reservation system from Travelport that was supposed to replace its OpenSkies system this year and allow it to interline in·ter·line 1 tr.v. in·ter·lined, in·ter·lin·ing, in·ter·lines To insert between printed or written lines. in with other carriers. The LCC (Leadless Chip Carrier, Leaded Chip Carrier) See leadless chip carrier, CLCC and PLCC. 1. LCC - Language for Conversational Computing. Written at CMU in the 1960's. extended its support agreement with Navitaire for the OpenSkies system through the end of 2008, indicating that it could be 2009 before it converts to aiRES. WestJet said it "does not have a new scheduled release date" for the system and will continue to work with "aiRES suppliers to develop the product for use." It has discussed cooperating with oneworld, British Airways British Airways in full British Airways PLC International passenger airline based in London. In 1936 British Airways Ltd. was founded through the merger of three smaller airlines. and other carriers but has said a move to aiRES likely is necessary first. Jan 10, 2007 01/22/2007 Z 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 Jan 8, 2007 |
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