Low Cost Airline News - North America.Jul 30, 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 its second-quarter net profit rose 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. $41.5 million, compared with USD$32 million a year earlier. AirTran shares fell almost 3 percent on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . Jul 27, 2007 AirTran Airways AirTran Airways parent 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 reported a second-quarter profit of $41.5 million on record passenger traffic. The result marked a 29.9% increase from the $32 million earned in the second three months of 2006. 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. climbed 16.3% to $614.1 million and expenses rose 14.9% to $544.3 million. Fuel cost was up 16.5% to $204 million and operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. rose 28% to a company-record $69.7 million. Jul 27, 2007 AirTran Airways AirTran Airways carried 6.3 million passengers during the quarter, up 16.9%, while flying 4.53 billion RPMs, up 22.3% year-over-year. Capacity rose 21.3% to 5.75 billion ASMs as it added 18 new 737-700s in the past year and the load factor of 78.8% represented an increase of 0.7 point and an all-time record for the carrier. It launched more than a dozen new routes in the second quarter alone. Jul 27, 2007 AirTran Airways AirTran Holdings Inc. chairman and chief executive officer Joe Leonard said Wednesday that a dramatic drop in second-quarter profit reported by 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,. Inc. should prompt immediate merger negotiations between the competing airline operators. Jul 26, 2007 AirTran Airways U.S. airline stocks dropped Thursday as carriers continued to struggle with high fuel prices and maintenance, though AirTran Holdings Inc. increased second-quarter profits by cutting costs in other areas. Jul 26, 2007 Frontier Airlines Frontier Airlines Holdings Frontier Airlines Holdings, Inc. (NASDAQ: FRNT), is a United States based airline holding company. The company has headquarters in Denver, Colorado. Airline Holdings Certificated airline divisions and operations JetBlue Airways JetBlue Airways' recovery from its operational meltdown in February and its overly aggressive expansion continued with a $21 million second-quarter profit that represented a 50% increase over the $14 million earned in the year-ago quarter. Jul 25, 2007 Spirit Airlines Spirit Airlines will operate daily Fort Lauderdale-Grand Bahama flights beginning Dec. 13. Jul 26, 2007 Spirit Airlines Spirit Airlines will operate daily Fort Lauderdale-Grand Bahama flights beginning Dec. 13. Jul 26, 2007 WestJet WestJet 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. Clive Beddoe, the charismatic founder of the Calgary-based 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. , will relinquish the CEO role to President Sean Durfy on Sept. 4. "I will continue to play a key role within WestJet as the company's executive chairman by establishing and supporting the strategic direction of the company," Beddoe said. He stepped away from the president's role in September 2006, yielding to Durfy, who joined WestJet in 2004 following a stint as president and COO of Calgary power utility Enmax Energy Corp. Jul 25, 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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