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Southwest Airlines (LUV)

Southwest Airlines (NYSE:LUV) Cargo was recognized for its excellence in air cargo for the sixth straight year, being named "Airline of the Year" by the Express Delivery & Logistics Association (XLA). Southwest Airlines has placed on XLA's Airline of the Year list for nine consecutive years.
The XLA Awards are based on an annual survey of association members who use the services of commercial passenger airlines for their express deliveries around the world. Southwest took top honors in 2002, 2003, and 2005 through 2009, and finished second in the rankings in 2001 and 2004.

Mar 26 · 11:51:00 AM · Source: Company Press Release
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by Steve Wieczorek

JetBlue Airways Corporation (JBLU)

JetBlue Airways (Nasdaq: JBLU), announces today the decision to not move its corporate headquarters to Orlando and keep its headquarters in New York City. JetBlue will combine the current Forest Hills, NY and Darien, CT corporate offices, with nearly 1,000 crewmembers and business partners in total, into one main support center to be located in Long Island City, Queens. In addition, recognizing JetBlue as New York's Hometown Airline, JetBlue and New York State will begin joint branding of the world-recognized I Love NY logo, an unprecedented partnership with the State's iconic brand.
"After an exhaustive study to determine the best location for our corporate offices, we have decided that remaining in our hometown of New York makes the most sense for our company" said Dave Barger, JetBlue Chief Executive Officer. "JetBlue's plans to invest millions directly into New York's economy will create more jobs and provide more opportunities for all New Yorkers" said Governor David Paterson.

Mar 24 · 2:12:00 PM · Source: Company Press Release
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by Steve Wieczorek

AirTran (AAI)

AirTran Airways' (NYSE:AAI) market share at Milwaukee’s General Mitchell International Airport grew to 26.3 percent in January, once again narrowing the gap with Midwest Airlines, at 31.9 percent for January, which for years has held that top spot at the airport.
Orlando, Fla.-based AirTran has been undergoing an aggressive expansion at Mitchell since 2007, following its failed hostile takeover of Midwest Air Group Inc. of Oak Creek, the then-corporate parent of Midwest Airlines.

Mar 24 · 1:46:00 PM · Source: Bizjournals.com
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by Steve Wieczorek

Southwest Airlines (LUV)

Southwest Airlines (NYSE:LUV) to cut schedule 3% as it heads into fall 2010, according to the Dallas Morning News. The airline on Tuesday opened up its schedule from Aug. 15 through Oct. 30. First, there are no new cities added during that period. Secondly, it has aggressively been pruning its schedule.
Some of Southwest's Florida cities are seeing big declines, with a net loss of 15 departures at Orlando and 11 at Tampa.

Mar 24 · 1:34:00 PM · Source: Dallas Morning News
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by Steve Wieczorek

United Parcel Service (UPS)

United Parcel Service is laying off some of its pilots in Anchorage, the company said Tuesday according to the Anchorage Daily News. The Georgia-based company would not provide details Tuesday on how many pilots in Alaska are being laid off, but said worldwide 300 UPS pilots will be furloughed between now and 2011.
UPS said it has more pilots than it needs to operate its airline fleet, which is flying fewer flights than it did three years ago due to the global economic recession. The company said it is also flying fewer aircraft. "We have about 2,800 pilots and we only need 2,500," said company spokesman Michael Mangeot.

Mar 24 · 12:46:00 PM · Source: Anchorage Daily News
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by Steve Wieczorek

Gol Linhas Aereas Inteligentes S.a. (GOL)

GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL), Brazil, the largest low-cost and low-fare airline in Latin America, announced today the conclusion of the expansion work on its Aircraft Maintenance Center, in Confins (Minas Gerais), where the company carries out heavy airframe maintenance.
Between January and December 2009, Gol had 41.37% of the domestic and 13.40% of the international market share in terms of passengers/km in Brazil. The airline was established in 2000 and started operations on January 15, 2001.

Mar 22 · 10:03:00 AM · Source: Company Press Release
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by Steve Wieczorek

Delta Air Lines (DAL)

Delta Air Lines (NYSE:DAL) will expand its service out of O'Hare International Airport starting June 10, offering 11 daily flights to New York's LaGuardia Airport, according to Chicago Breaking Business News. The service on Delta's business shuttle will replace existing, less-frequent flights between LaGuardia and Chicago's Midway Airport. Delta is stepping up the competition on a key business route, as United and other airlines pare capacity to New York.
Flights on this route will be operated with Embraer 175 regional jets, equipped with 12 first-class seats and 64 in economy class. Both cabins are configured with no middle seats. As reported in MarketBeast previously, Delta, along with many of its rival legacy carriers continue to look at ways to become profitable. Here we see Delta looking to its regional partners to reduce operational and overhead costs. One of the important things to look for is how closely Delta will monitor and manage its regional partners, safety being its biggest concern.

Mar 22 · 9:36:00 AM · Source: Chicago Breaking Business News
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by Steve Wieczorek

China Eastern Airlines (CEA)

The merger of China Eastern Airlines (NYSE:CEA) and Shanghai Airlines will save 680 million yuan of investment for the new China Eastern this year, noted Ma Xulun, general manager of China Eastern, according to iStockAnalyst.
Ma said that the two airlines' business restructuring is progressing. So far the marketing, IT, and ground service businesses have been basically completed. The restructuring program for the cargo and logistics business is still being formulated. The airline industry worldwide, continues to redesign itself in hopes of creating a more profitable and more efficient transportation industry.

Mar 22 · 9:22:00 AM · Source: iStockAnalyst
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by Steve Wieczorek

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