Memphis-based Northwest Airlines subsidiary Express Airlines I on May 8 officially changed its name to Pinnacle Airlines ahead of an initial public offering expected to raise $400 million.
Australia’s Regional Express (Rex) will cease operating into the city of Parkes in response to the local government’s decision to hike passenger taxes by 15 percent. Within days of the September 4 announcement, Parkes Shire Council offered further talks about the taxes, but Rex’s board has declined to reconsider its decision, arguing that it has already had two rounds of negotiations with the local politicians.
Three regional airlines will fill the service void left in 12 small and medium-size communities in six states by the March 9 closure of Smyrna, Tenn.-based Regions-Air. Great Lakes Aviation has emerged as the big winner of the trio, drawing half the cities in a new contract with American Airlines that calls for the Cheyenne, Wyo.-based regional to fly from St.
Fort Wayne, Ind.-based Shuttle America will sever all ties with US Airways effective October 2, leaving four more destinations without scheduled service from Pittsburgh International Airport. Last month Shuttle America ended all service between Fort Wayne and Pittsburgh, and between Bedford, Mass., and Trenton, N.J.
United Airlines availed itself of more options to its imperiled code-share partnership with Atlantic Coast Airlines last month, when it recruited Indianapolis-based Chautauqua and Republic Airlines and Fort Wayne, Ind.-based Shuttle America to fly as United Express out of Washington Dulles and Chicago O’Hare Airports.
The recent run of big orders for new turboprops has no doubt lifted the spirits of the two remaining builders of prop-driven airliners.
NASA researchers are seeking to bring better weather information to pilots and controllers by converting a fleet of regional turboprop airliners for service as flying weather reporting stations.
Nearly four years after the accident, the Swiss Aircraft Accident Investigation Bureau (BFU) published its final report on the Jan. 10, 2000 crash of a Crossair Saab 340B at Nassenwil near Zurich Airport. The unusual delay stems from appeals filed against the BFU’s conclusions, the most publicized objection coming from Moritz Suter, Crossair’s CEO at the time of the accident.
Shareholders of Mesaba Airlines parent MAIR Holdings last month accused Northwest Airlines of a conspiracy to suppress the value of its regional affiliate in preparation for a planned buyout.
After some years of negotiation, Pakistan has signed a provisional contract with Saab to procure an airborne early warning system. It will be based on the Saab 2000 twin-turboprop airliner carrying a strut-mounted Ericsson Microwave Systems Erieye radar above the aircraft’s spine. The contract is worth SEK 8.3 billion ($1 billion), of which Saab will receive two-thirds and Ericsson Microwave one-third.