AirlinesAir India Restructuring Focuses On Continued Fleet RenewalAir India’s use of its aircraft—tail No. VT-ANI—best illustrates the overall state of the airline. It took delivery of that Boeing 787-8 in 2012, but the aircraft has been grounded and parted out for spares in a hangar at Mumbai’s international airport for almost a year to keep other 787s flying. The Internet is rife with photos that show the aircraft without engines or radome. That Air India is in a terrible financial state is not news. The airline has been posting losses since 2007 when the Indian government merged the two state-owned companies, Air India and Indian Airlines. This merger had a devastating impact on performance, both operationally and financially. Because of political wrangling, bureaucracy and management incompetence, Air India took years to integrate its domestic sister airline. Other projects, such as its early efforts to join the Star Alliance, fell through, and Air India became a symbol of airline mismanagement and missed opportunities.
LinkAir Madagascar to renew fleet with ATR 72-600sAir Madagascar has agreed to acquire two ATR 72-600s during the first half of this year as part of a modernisation program. The first aircraft will be delivered on 15 March with the second arriving a month later, following a deal signed with the airframer earlier this month. They will bring to five the number of ATRs operated by the airline. The agreement also includes training for technical personnel.
LinkAmerican to move closer to US Airways at Calif.. airportAmerican Airlines plans to move terminals at Sacramento International Airport in California. The carrier will move to Terminal A next week as part of its ongoing consolidation with US Airways.
LinkAmerican pilots take 787 Dreamliner for test flightsAmerican Airlines is testing its Dreamliner 787 in Texas before deploying the aircraft overseas. Pilots for the carrier did touch-and-go landings in Midland and El Paso on Monday. "It's a flight training mission today," said Matt Miller, airline spokesman.
Link Atlas Air Worldwide Reports Fourth-Quarter and Full-Year 2014 Earnings Atlas Air Worldwide Holdings, Inc. today announced adjusted net income attributable to common stockholders of $38.8 million, or $1.55 per diluted share, for the three months ended December 31, 2014, compared with $41.8 million, or $1.66 per diluted share, for the three months ended December 31, 2013.
LinkDelta to launch nonstop service to Boston from MilwaukeeDelta Air Lines will launch new nonstop service from Milwaukee County's General Mitchell International Airport to Boston Logan International Airport beginning June 5. Delta's new nonstop service to Boston will be operated with CRJ-900 dual-class jets, featuring 12 seats in first class, 12 seats in economy comfort and 52 seats in economy.
LinkLower fuel cost subdues JetBlue’s decreased 4Q14 unit cost growthIn 4Q14, JetBlue’s total operating cost per available seat mile (or CASM) decreased by 4.5% to 11.17 cents from 11.70 cents in 4Q13. JetBlue Airways (JBLU) has the lowest CASM of 11.61 cents compared to its low-cost competitor Southwest Airlines’s 12.27 cents, as well as its legacy competitors.
Link JetBlue Celebrates 15-Year Anniversary With New Livery JetBlue Airways today unveiled its newest unique plane design, dedicated to JetBlue's 16,000 crewmembers, and emblazoned with the values they share as they go above and beyond every day inspiring humanity. The salute comes as JetBlue celebrates 15 years this month of forging a uniquely contrarian path in air travel, originating with the same values that define the airline today.
LinkOrix Considering Support For SkymarkOrix is considering offering support for Skymark Airlines, which in late January filed for bankruptcy protection, Kyodo News reported. Skymark is seeking other sponsors alongside investment fund Integral to help turn its business around, Skymark and Integral said earlier this month.
LinkSouthwest to sponsor in-flight concert by Imagine DragonsSouthwest Airlines will sponsor concerts by Imagine Dragons in four cities, as well as one performance aboard a flight. The in-flight concert dubbed "Live at 35" will take place at 35,000 feet on a flight from Las Vegas to Atlanta later this month. Gary Kelly, CEO of Southwest, said music is a "vehicle to really connect with people."
LinkSpirit Announces More Nonstop Service From LAXSpirit Airlines, the first Ultra-Low Cost Carrier in the Americas, continues its dramatic growth in 2015. Today the airline known for its crazy low fares announced daily nonstop service to three new cities from Los Angeles International Airport (LAX). Now those traveling to and from Los Angeles who couldn't afford the high airfares, or justify being forced to pay more for services they don't want or need, can fly to more places for a lot less.
LinkUnited’s fuel cost savings total $200 million in 2014In 2014, United Continental Holdings (UAL), which operates United Airlines, achieved fuel cost savings of $200 million. That’s 20% of its fuel saving target for 2017. In 4Q14, United’s fuel price was $2.67 per gallon. That’s ~14% lower than a year ago but still higher than its peers Delta Air Lines (DAL), American Airlines (AAL), Alaska Air Group (ALK), and Southwest Airlines (LUV), whose fuel prices for the quarter ranged from $2.52 to $2.64 per gallon.
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