AirTran Airways said Monday that it will stop flying to four cities in untimely 2012, saying the Flights there are no longer economically feasible.
AirTran, a subsidiary of Southwest Airlines Co. since May 2, will halt flights to Asheville, N.C., Moline, Ill., and Atlantic City, N.J., as of Jan. 7
Wednesday, August 3, 2011
Wednesday, July 20, 2011
American Airlines confirms deal to buy 460 aircraft, spin off American Eagle
American Airlines Inc. is buying 460 airplanes from Airbus and the Boeing Co., the company announce Wednesday, calling it the biggest aircraft purchase in aviation history.
As part of the deal, American is getting about $13 billion in committed finance from the two companies, covering the first 230 deliveries.
These new deliveries are expected to pave the way for American to have the youngest and most fuel-efficient fleet among its U.S. airline peers in around five years, American said in its announcement.
Parent AMR Corp. disclosed the major purchase as it announced a $286 million loss for the three months ended June 30.
In addition, AMR outlined its plans to spin off its American Eagle regional carrier to AMR shareholders in coming months.
Strategically, AMR believes a divestiture would be beneficial, as it would help ensure American maintains bloodthirsty rates and services for its regional feed into the future,” AMR said. “A divestiture would also provide Eagle an opportunity to vie for the business of other mainline carriers and allow the carrier to expand its operations.
Among other major disclosure, American said it expects to cut back its flight schedule between the United States and Europe. It is evaluating its winter flying, and anticipate making seasonal route and day-of -week flying adjustments in early 2012 to improve its results,” the company said.
It also wants the suppleness to suspend its new route from New York’s Kennedy International Airport and Tokyo’s Haneda International Airport.
As part of the deal, American is getting about $13 billion in committed finance from the two companies, covering the first 230 deliveries.
These new deliveries are expected to pave the way for American to have the youngest and most fuel-efficient fleet among its U.S. airline peers in around five years, American said in its announcement.
Parent AMR Corp. disclosed the major purchase as it announced a $286 million loss for the three months ended June 30.
In addition, AMR outlined its plans to spin off its American Eagle regional carrier to AMR shareholders in coming months.
Strategically, AMR believes a divestiture would be beneficial, as it would help ensure American maintains bloodthirsty rates and services for its regional feed into the future,” AMR said. “A divestiture would also provide Eagle an opportunity to vie for the business of other mainline carriers and allow the carrier to expand its operations.
Among other major disclosure, American said it expects to cut back its flight schedule between the United States and Europe. It is evaluating its winter flying, and anticipate making seasonal route and day-of -week flying adjustments in early 2012 to improve its results,” the company said.
It also wants the suppleness to suspend its new route from New York’s Kennedy International Airport and Tokyo’s Haneda International Airport.
Thursday, July 14, 2011
Combined Atlantic Southeast Airlines to ExpressJet will be named “SureJet” after they merge
ATLANTA — SkyWest Inc. said on Wednesday that it’s Atlantic Southeast Airlines and ExpressJet units will be named “SureJet” after they merge their operations later this year.
SkyWest bought ExpressJet Holdings for $133 million in November, and has said all along that it would merge it with Atlantic Southeast at that operation’s headquarters in Atlanta.
It is aiming to obtain a single operating certificate from the Federal Aviation Administration by the end of this year.
Atlantic Southeast President and Chief Operating Officer Brad Holt said selection a new name for the combined operation will foster unity.
Once the combining process is finished, the company said SureJet will be the largest regional airline, with 10,000 workers and 412 aircraft, operating flights under contract to larger airline companies such as United Continental Holdings Inc. and Delta Air Lines Inc.
SkyWest Inc., based in St. George, Utah, said it will keep on operating a separate airline under the SkyWest name. Shares fell 5 cents to close at $15.11.
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