Month: September 2009

Airline Profile: Skywest Airlines

SkyWest Inc., which owns SkyWest Airlines and ASA Airlines, operates the largest regional airline in the United States. From humble beginnings in rural Utah, to the cutting edge of the airline industry, SkyWest’s history is an American success story.

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Airbus foresees demand for 25,000 aircraft in the next 20 years

Some 25,000 new passenger and freighter aircraft valued at US$3.1 trillion will be delivered from 2009 to 2028, according to Airbus’ latest Global Market Forecast. Emerging economies, evolving airline networks, expansion of low cost carriers and the increasing number of mega-cities as well as traffic growth and the replacement of older less efficient aircraft with more eco-efficient airliners are factors driving demand for new aircraft.

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Delta Raises Third-Quarter Outlook

Delta is expecting to report a 3% to 4% operating profit margin for the third quarter and a breakeven operating margin for the full year, thanks in part to lower fuel prices than previously anticipated, the airline said in an investor update issued Monday.

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U.S. Airlines Expected to Fare Better Than Global Carriers

This year’s financial outlook is in better shape than carriers elsewhere in the world. That’s according to Reuters, which writes “U.S. airlines are expected to fare better than most of their foreign counterparts this year because they are trimming unprofitable routes and beefing up balance sheets as the economy begins to rebound. U.S.-based carriers have been cutting capacity since last year in response to surging oil prices, while most European and Asian carriers have been slower to reduce flights or fly smaller aircraft on their routes.”

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