Given all the scrutiny the regional airline industry has absorbed over the past year, one might forgive RAA president Roger Cohen for succumbing to some cynicism.
When Miami-based Air Platinum Club began operating last summer, CEO Mickael Cohen proclaimed, “Private air travel is here to stay.” But the club itself no longer appears to be. A few weeks ago, Air Platinum was touting flights within the continental U.S. and between Paris and major U.S.
Last year’s fourth quarter saw regional airline departures decline 11.6 percent, passenger traffic drop 7.5 percent, total capacity fall 9 percent and block hours drop 13.2 percent. Although the RAA hasn’t yet compiled first-quarter numbers, monthly figures from early this year didn’t raise the spirits of anyone looking for signs of a quick turnaround.
Former AOPA and Air Transport Association official Roger Cohen replaced Debby McElroy last month as the president of the Regional Airline Association (RAA). Cohen assumed the post on December 18, three days after McElroy left for a new position at Airports Council International-North America.