Vietnam’s Air Mekong, 30-percent owned by U.S. regional airline SkyWest, plans to launch domestic services on October 9 using four 86-seat Bombardier CRJ900s subleased from the St. George, Utah-based regional.
Atlantic Southeast Airlines
Delta Air Lines has directed regional subsidiary Comair to shed more than half of its Bombardier CRJs over the next two years, according to a September 1 memo to employees from Comair president John Bendoraitis. The Cincinnati-based regional airline plans to cut 49 fifty-seat CRJs from next year through 2012, leaving it with 16 fifty-seat CRJ200s, 15 seventy-seat CRJ700s and 13 seventy-six-seat CRJ900s.
The consolidation of the regional airline industry continued unabated last month, as St. George, Utah-based SkyWest revealed plans to acquire Houston-based ExpressJet. The $133 million transaction will involve a direct purchase by SkyWest's Atlanta-based subsidiary, Atlantic Southeast Airlines (ASA), of all of ExpressJet's common shares for $6.75 each in cash.
Delta Air Lines has directed regional subsidiary Comair to shed more than half of its Bombardier CRJs over the next two years, according to an internal memo sent today to employees from Comair president John Bendoraitis. The Cincinnati-based regional airline plans to cut 49 fifty-seat CRJs from next year through 2012, leaving it with 16 fifty-seat CRJ200s, 15 seventy-seat CRJ700s, and 13 seventy-six-seat CRJ900s.
Not one to shrink from any challenge, SkyWest president and COO Chip Childs accepted the position of RAA chairman in November knowing full well what likely confronted him.
Atlanta-based Atlantic Southeast Airlines (ASA) last month launched a new code-share partnership with United Airlines covering flights into and out of Chicago O’Hare and Washington Dulles International Airports. ASA began the service with a February 11 flight between O’Hare and Columbus, Ohio. It now flies eight weekday flights from O’Hare and 15 weekday flights from Dulles using eight newly refurbished 50-seat Bombardier CRJ200s.
SkyWest Airlines’ decision to lend United Airlines $80 million in no way signals any particular interest on the part of the St. George, Utah-based regional to help finance the operations of its code-share partners, a point SkyWest executive vice president and CFO Brad Rich clearly wanted to emphasize during the company’s third-quarter earnings conference call last month.
St. George, Utah-based SkyWest has agreed to lend United Airlines $80 million as part of a deal announced today that extends SkyWest Airlines’ code-sharing relationship with UAL and calls for SkyWest subsidiary Atlantic Southeast Airlines to launch United Express service during next year’s first quarter.
Delta Air Lines’ plans to cut another 10 percent of its system capacity this fall will result in the loss of 100 pilot jobs at Comair, 110 at Mesaba Airlines and 56 at Atlantic Southeast. ASA’s cuts take effect September 1, while a planned 20-percent drop in block hours by the end of September at Comair will require a broad review of all staffing levels “in the coming weeks.”
Atlantic Southeast Airlines’ unscheduled grounding of 60 CRJ200s on March 31 for engine inspections lowered revenues at parent company SkyWest by $7.6 million during the first quarter. The groundings, which took the airplanes out of service for up to two days, followed an internal audit revealing that ASA might