The summer of 2001 saw regional airline executives sweating from more than the heat of the season, as 89 days of uncertainty produced by the pilots of Cincinnati-based Comair threatened to halt the growth momentum of an entire industry. Of course, the strike severely hurt Comair’s parent airline, Delta, to the tune of at least $200 million.
In an e-mail sent by Air Transport Association (ATA) president and CEO James May to airline customers, the ATA cites the heavy influx of business jets to the Kentucky Derby on May 3 as an example of how “private jets clogged the airways” and “paid barely anything to use or modernize our nation’s air traffic control system.” Although May and the ATA offer no evidence that the jets flying to Kentucky caused any airline delays or that they didn’t
After being purchased last year by American Airlines, TWA and its callsign ceased to exist, but not airplanes with its livery. Although all previous TWA flights are using American as their callsign, the airplanes still have TWA markings. The former TWA airplanes will be repainted in American colors, but the changeover is expected to take several years.
The Regional Airline Association’s first formal get-together since the events of September 11 assumed an understandably reflective mood, as some of the industry’s most influential figures discussed the prospects for an industry recovery. For regional airlines, the speed at which such a recovery arrives may
The Regional Airline Association (RAA) board of directors elected Atlantic Coast Airlines president Tom Moore chairman of the association during its annual fall membership meeting last month in Washington, D.C. Moore replaces Andy Price, president of Plattsburgh-N.Y-based CommutAir.
Air Littoral, one of the three French regional airlines sold by SAirlines this summer, has filed a lawsuit in Switzerland to recover funds owed to it by the bankrupt Swiss group. Meanwhile, the French airline continues its own restructuring process and seeks to increase capital to offset an estimated 10- to 15-percent loss in traffic by the end of this year.
Sales of pre-owned turboprop aircraft are a little like the old line, “I have good news and bad news. Which do you want first?”
Last year at this time, dealers predicted that the market was facing a rocky ride, with economic storm clouds already on the horizon and the presidential election still not decided. No one had any inkling of just how rocky it was going to become.
General aviation will have to wait until later this month to learn how it might be affected by the aviation security bill signed November 19 by President Bush in a ceremony at Ronald Reagan Washington National Airport (DCA). Ironically, or perhaps symbolically, DCA remains closed to all Part 91 and Part 135 operations.
Montreal-based Air Canada will convert up to four of its Boeing 737s into 48-seat business jets and place them into the airline’s new on-demand and contract charter service, AC Jetz. Air Canada will assign dedicated flight crews. “Our specialized jet charter business will allow Air Canada to reassign surplus capacity in a cost-effective manner while generating new revenues in a profitable market segment,” said v-p of new business Bill Bredt.
Business aviation operations in Arizona stand to benefit from new legislation that returns certain aviation tax revenues to the state’s airport improvement programs. Arizona governor Jane Dee Hull signed SB1251 into law on May 2, authorizing the deposit of 100 percent of flight property tax revenues into the state aviation fund starting in fiscal year 2004.