Some 30 U.S. airports risk losing their last regional airline flights unless they take “critical steps” to better balance revenue, cost and compensation rates, according to a report published earlier this year by San Diego-based aviation consultancy Innovation Analysis Group (IAG).
Houston-based ExpressJet has named Thomas Hanley its new president and CEO. Hanley has replaced interim president and CEO Patrick Kelly, who has returned to his position on ExpressJet’s board of directors on May 1 after filling a vacancy left by long-time CEO James Ream. Ream resigned last December to accept a position with Dallas-based American Airlines.
Houston-based Continental Express regional affiliate ExpressJet congratulated Continental Airlines and United Airlines on their agreement to merge, pending required regulatory approvals. ExpressJet currently operates 244 aircraft, including 206 for Continental as Continental Express and 32 for United as United Express. Based on May flight estimates, ExpressJet’s market share in the combined entity would represent approximately 30 percent.
The regional airline partners of United and Continental Airlines will no doubt face a period of some uncertainty as the major airlines prepare to merge their operations into the world’s largest international airline.
A new rule instituted by the Department of Transportation designed to prohibit airlines from subjecting passengers to lengthy waits on airport ramps takes effect tomorrow and will apply consistently across the entire U.S airline industry.
Jim Ream, the CEO of Houston-based ExpressJet Airlines, has accepted a position with American Airlines as senior vice president of maintenance and engineering, effective January 1. ExpressJet board member Patrick Kelly has assumed Ream’s position in the interim while the board considers candidates to fill the position of CEO for the long term. Ream succeeds Carmine Romano, who has retired after serving 41 years with American Airlines.
While second-quarter traffic posted by some of the largest publicly traded regional airlines in the U.S. followed the prevailing patterns set by their mainline partners, some carriers reacted to the exercise in “resizing” better than others.
Forty-seven passengers aboard an ExpressJet Embraer ERJ 145 bound for Minneapolis from Houston spent six hours on the tarmac in Rochester, Minn., during the early morning of August 10 due to thunderstorms at their planned destination. Some
The six largest network airlines in the U.S. reported a combined operating loss margin of 5.8 percent in the third quarter of 2008, marking the fourth consecutive quarterly loss margin since the group posted a profit in the third quarter of last year, the DOT’s Bureau of Transportation Statistics (BTS) reported yesterday in a release of preliminary data.
Houston-based ExpressJet and Delta Air Lines will end their code-share relationship effective September 1, and ExpressJet will cease all scheduled flying under its own brand on September 2, the companies announced last month. The moves will result in the removal from service of 39 Embraer ERJ 145s from the ExpressJet fleet.