Low Cost Airline News - North America.Mar 12, 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 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 extended the deadline on its offer to 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,. shareholders in hopes the two sides will reach a deal. The $345 million stock and cash exchange offer was due to expire yesterday but was pushed back to April 11. Meanwhile, AirTran continues its campaign to win over Midwest shareholders and has nominated three candidates for Midwest's board, none of whom are connected to either airline but who have experience in "corporate business issues," Senior VP, General Counsel and Secretary Richard Magurno said. "I think we will have a good chance of ousting the elected board," he said. Midwest has not set a date for the next board meeting. Thus far, 1.7 million of Midwest's 24.1 million outstanding shares have been tendered, Magurno said, adding, "I think Midwest was surprised about the number of shares that have been tendered." Mar 9, 2007 AirTran Airways AirTran offer gets weak response from Midwest shareholders Midwest Air Group shareholders have tendered just 7.3% of the airline's shares to AirTran Airways, based on 24.4 million shares outstanding, a Midwest executive said Thursday. Shareholders were initially thought to have tendered 9.6% of shares, based on outstanding shares of 18.6 million. Midwest executives have urged shareholders to reject AirTran's offer to buy the company. Milwaukee Journal Sentinel The Milwaukee Journal Sentinel is a daily morning broadsheet printed in Milwaukee, Wisconsin, USA. It is the primary newspaper in Milwaukee, the largest newspaper in Wisconsin and is distributed widely throughout the state. . Mar 9, 2007 AirTran Airways AirTran extends deadline for Midwest buyout offer AirTran Airways has pushed back the deadline for its offer to purchase Midwest Airlines
Midwest Airlines is an American scheduled passenger airline based in Milwaukee, Wisconsin, operating from General Mitchell International Airport. until April 11. AirTran said it postponed the deadline to make sure all Midwest shareholders have time to make an informed decision. The board of Midwest has called AirTran's offer inadequate and has urged shareholders to reject it. Mar 8, 2007 AirTran Airways AirTran Extends Midwest Takeover Deadline AirTran Holdings, the parent of AirTran Airways, on Wednesday extended the deadline for a second time for shareholders of Midwest Air Group to accept its hostile takeover Hostile Takeover A takeover attempt that is strongly resisted by the target firm. Notes: Hostile takeovers are usually bad news, as the employee moral of the target firm can quickly turn to animosity against the acquiring firm. bid. Mar 8, 2007 AirTran Airways, Midwest AirTran also submitted preliminary proxy materials Proxy Materials Documents regulated by the Securities & Exchange Commission in which a public company outlines its methods and procedures. These documents are used to inform shareholders and solicit votes for corporate decisions, such as the election of directors and other to the US Securities and Exchange Commission nominating three directors to the Midwest board and urging Midwest hold a shareholder meeting to elect them. Milwaukee-based Midwest has resisted the proposal and on Wednesday had a powerful hometown politician come to its aid in Congress. Mar 8, 2007 AirTran Airways, Midwest Last month, the Justice Department closed its mandatory review of the AirTran Airways-Midwest takeover bid's potential impact on competition without challenging it. But Kohl said the review was cursory and raised questions about service quality if the deal went through. Mar 8, 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 flew 630.6 million RPMs in February, a 10.6% increase from the year-ago month. Capacity climbed 13.8% to 891 million ASMs and load factor dipped 2 points to 70.8%. Mainline yield was level at 10.35 cents and unit revenue fell 2.7% to 7.33 cents. Mar 8, 2007 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). Accommodations Plus International of 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 signed a multiyear deal with JetBlue Airways to provide hotel accommodations and services for crewmembers. API also will furnish an integrated crew management system transferring crew information from the airline to hotel and transportation partners. Mar 8, 2007 JetBlue Airways JetBlue Adds Ops Chief After Service Fiasc Discount carrier JetBlue Airways named a new chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. on Wednesday, shoring up Noun 1. shoring up - the act of propping up with shores propping up, shoring supporting, support - the act of bearing the weight of or strengthening; "he leaned against the wall for support" its management team just weeks after suffering a major service meltdown. Mar 8, 2007 JetBlue Airways JetBlue Airways yesterday named Russell Chew COO effective March 19. Formerly COO at US FAA and before that MD at 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 , Chew had been named executive VP-operations at Hawaiian Airlines Hawaiian Airlines is the 11th largest commercial airline in the United States. It is the largest airline based in the State of Hawai'i and is commonly referred to by the acronym "HAL". less than a month ago. Mar 8, 2007 JetBlue Airways JetBlue hires former FAA official for COO post JetBlue Airways has named Russell Chew chief operating officer. Chew previously served for four years as chief operating officer of the FAA. He will take the post at JetBlue on March 19. Mar 8, 2007 JetBlue Airways JetBlue Airways said "We knew as a launch customer of the 190 that we would have to identify and resolve some problems over the course of the first couple of years of the aircraft's life," the spokesperson said. "We are taking this aggressive stance because we need to fix our operation and need all of our aircraft operating to our expectations." The aircraft will be modified at Embraer's facility in Nashville. JetBlue cited as an example of the problem a recent Pittsburgh-JFK flight forced to divert to Philadelphia because of an ultimately erroneous indication of icing on the wings. Two modification lines will run in Nashville, removing aircraft from service for nonconcurrent stretches of one and two days. Future E-190 deliveries will include the fix. Regarding the cost burden, the airline said, "We are partnering with Embraer on finding the issues that need resolution and implementing the solutions." Mar 7, 2007 JetBlue Airways JetBlue Airways will remove each of its 26 E-190s from service for up to three days through the end of April to fix a software glitch A temporary or random hardware malfunction. It is possible that a bug in a program may cause the hardware to appear as if it had a glitch in it and vice versa. At times it can be extremely difficult to determine whether a problem lies within the hardware or the software. See glitch attack. affecting a variety of systems onboard the aircraft. In order to avoid delaying or canceling flights, it will contract ExpressJet Airlines ExpressJet Airlines, Inc. (NYSE: XJT) is a regional airline based in Houston, Texas, USA. Although an autonomous business entity since its divestiture from Continental Airlines, Inc. to operate four 50-seat E-145s on affected routes. A JetBlue spokesperson said that the airline will inform passengers and that no more than two daily lines of E-190 flying out of 120 will be affected. Daily ExpressJet frequencies will comprise one Boston-Buffalo, two BOS-Washington Dulles, two New York JFK-Richmond and one JFK-Columbus. Mar 7, 2007 JetBlue Airways JetBlue Airways will launch daily Boston-Charlotte service and twice-daily Washington Dulles-Orlando International flights on May 1. It also will add daily frequencies from New York JFK to CLT CLT total lung-thorax compliance. , Raleigh/Durham and Portland (Maine) and between Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. and Long Beach. In addition, it announced a Caribbean expansion including twice-daily JFK-Santo Domingo flights beginning May 24 aboard A320s, BOS-Bermuda service starting May 1 and MCO-Ponce flights from May 24. Further details on the latter two services were unannounced. Seasonal frequency increases will occur on JFK-Aruba, JFK-Santiago and MCO-San Juan. Mar 6, 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 Airlines is expecting 7%-8% capacity growth this year as it takes delivery of "at least" 37 737s, 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. Gary Kelly said yesterday as 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. unveiled a series of new routes and frequency increases. New services include daily Fort Lauderdale-Providence and Houston Hobby-San Diego starting June 4, five-times-daily Denver-Oakland from June 17 and daily Baltimore/Washington-Oklahoma City beginning Aug. 4. Mar 9, 2007 Southwest Airlines Southwest Airlines flew 4.85 billion RPMs in February, up 3.3% from the year-ago month. Capacity rose 6% to 7.26 billion ASMs and load factor dipped 1.7 points to 66.8%. Mar 7, 2007 Southwest Airlines Southwest sees softer demand in March Southwest Airlines expects softening demand for air travel to continue in March. The company also noted that its first-quarter profits may be weaker than previously expected. The airline reported a 66.8% load factor in February, 1.7% lower than last year. Meanwhile, US Airways, Frontier Airlines, and Northwest Airlines reported stronger February traffic, while United Airlines and Alaska Air traffic fell. Mar 7, 2007 Southwest Airlines Southwest Airlines on Tuesday said demand for air travel was soft last month and the trend would continue in March, suggesting first-quarter earnings may be weaker than expected. Mar 5, 2007 Virgin America Legislators say DOT should allow Virgin America to fly Sens. John Ensign, R-Nev., and Dianne Feinstein, D-Calif., say allowing Virgin America into the U.S. airline marketplace will benefit consumers as well as the economy. A proposal by Virgin America, which plans to offer budget domestic flights, was turned down by the DOT in December. Mar 9, 2007 03/12/2007 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 our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com Copyright [c] 2007 Air Travel Media / Pyramid Media Group. All rights reserved. Mar 5, 2007 |
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