The Air Line Pilots Association won the latest battle in the war on so-called regional airline outsourcing when an arbitrator derailed United Continental Holdings’ plans to place the CO code on 70-seat jet flights operated by United Express carriers from the Continental hub cities of Houston, Newark and Cleveland.
Economy of the United States
Chevron plans to sell its Caribbean fuel marketing and aviation businesses to Vitogaz, a subsidiary of France-based Rubis, by this year’s third quarter. The transaction will include a service station network, equity interest in a refinery operation, terminals and aviation facilities as well as Chevron’s commercial and industrial fuel businesses, according to the company.
The October 1 merger of United and Continental Airlines has exhumed an old bone of contention between mainline pilots and their management that stands to profoundly affect regional airlines and the Air Line Pilots Association-represented brethren employed by them.
The Teamsters-represented pilots of Seattle-based Horizon Air ratified a new five-year labor contract in late November, officially ending some four years of negotiations, the airline announced last month. Nearly 77 percent of Horizon’s 613 pilots voted, and some 59 percent of those voted in favor of the agreement.
World Fuel Services and ExxonMobil Aviation partnered to launch the Avitat Premier Card program, which provides discounted fuel and aviation-related services at participating Exxon and ExxonMobil Avitat FBOs in the U.S. and Bahamas. Customers with the Avitat Premier Card will receive special pricing, offers and services at participating locations when they identify themselves as members.
The Air Transport Association of America (ATA) has chosen prominent Washington lobbyist Nicholas Calio to replace James May as its president and CEO, effective January 1.
Not everyone agrees with the regional airlines’ assertion that they fly just as safely as their mainline counterparts. With this perception and several specific accidents in mind, the NTSB convened a symposium in late October to shed more light on airline code-sharing arrangements and their role in aviation safety.
General Motors used charter aircraft for its initial public offering (IPO) roadshow last month, marking the first time the company has used private aircraft since Dec. 31, 2008, when the automaker sought U.S. government assistance. GM’s $13 billion public offering took place on November 17.
Third-quarter earnings from five business jet OEMs are in, and with the exception of Gulfstream the results aren’t for the squeamish.
Emivest Aerospace’s Chapter 11 bankruptcy reorganization filing late last month revealed that the company has until January 14 to find a buyer or could face Chapter 7 liquidation. Any prospective buyer of the manufacturer of the SJ30 light jet would have until February 4 to close the deal.