The success enjoyed by outside players in providing capacity to Africa has meant regional and domestic business has assumed ever-increasing importance not just for Africa’s indigenous airlines but for the continent’s economic growth as well. The tremendous distances between population centers and the lack of convenient and reliable roads also make Africa a bumper opportunity for suppliers of regional jets with seating capacities of around 100.
Air France unveiled the name of a new regional airline in late January that it plans to form through the merger of its Brit Air, Régional and Airlinair affiliates. Plans call for the airline–dubbed HOP!–to launch operations this summer, operating point-to-point flights within Air France’s domestic network from Paris Orly and connecting service to Paris Charles de Gaulle.
Pinnacle Airlines and its wholly owned subsidiaries have entered into a series of agreements that would provide a path forward for the company to emerge from bankruptcy under the ownership of Delta Air Lines or an affiliate, the company announced Thursday.
Bombardier Aerospace received a major boost for its sagging CRJ regional jet program on Thursday, when Delta Air Lines placed a firm order for 40 dual-class CRJ900s and reserved options on another 30.
Republic Airways’ efforts to “restructure” its Indianapolis-based Chautauqua Airlines subsidiary appear to have yielded their intended results. During a November 1 conference call to discuss the company’s third-quarter earnings, Republic CEO Bryan Bedford reported that the regional airline holding company has found a way to mitigate future negative cash flows at Chautauqua by some $45 million over five years, largely by reaching new business agreements with several “key stakeholders ” and returning idled aircraft to revenue service.
Pinnacle Airlines has resumed talks with its employee groups over contract concessions, following a recalculation of the cost savings it says it needs to emerge from Chapter 11 bankruptcy protection. According to Pinnacle, it now needs to shed $76 million to return to viability due in large part to Delta Air Lines’ plans to shed more than 200 fifty-seat regional jets from the Delta Connection system. It originally asked for $43 million in concessions.
Among the AMR Chapter 11 bankruptcy protection documents filed last fall were FAA proofs of claim against the company for 89 alleged safety violations that occurred between January 2007 and November 2011.
Cincinnati-based Comair will close its doors at the end September, and nearly 2,000 people will lose their jobs as a result. Granted, the reasons for the airline’s demise might not matter much to them, but perhaps an examination of the forces that led to Delta’s decision to shutter its subsidiary will prepare others for a similar fate.
St. George, Utah-based SkyWest expects to ground 66 fifty-seat Bombardier CRJs and add 34 more dual-class Bombardier jets ranging in seating capacity from 65 to 76 seats under a memorandum of understanding signed with code-share partner Delta Air Lines, the world’s largest regional airline announced today.