The International Air Transport Association said Monday that passenger traffic increased 0.5 percent globally in October, the second month of year-over-year increases in a row after 12 months of declines.
While the aviation industry predicts significant declines in air travel this Thanksgiving holiday travel week, AirTran Airways, a subsidiary of AirTran Holdings, Inc., today predicted an uptick in the number of customers it will serve from Monday, November 23rd through Monday, November 30th, 2009.
United Airlines is close to placing its first aircraft order in more than a decade and has narrowed its search to two groundbreaking airplanes: Boeing’s 787 Dreamliner or Airbus’ counterpart, the A350-XWB, sources told the Chicago Tribune.
CitationShares, formerly the fractional arm of Cessna Aircraft, has rebranded itself as Citationair by Cessna, retooling the company says will reinvigorate a fractional, jet management and jet card industry besieged by economic hardship.
Think of Allegiant Air as the little airline that could. They went from a bankrupt company with a single airplane in 2001 to the most profitable carrier in America today.
AirTran Holdings, the parent company of AirTran Airways, Inc., today reported net income of $10.4 million. These results represent a $105.0 million improvement over the third quarter of 2008. Airtran also reported a record Year-to-Date Net Income of $117.6 Million.
Warren Buffett’s Berkshire Hathaway Inc. forecast a profit at its NetJets Inc. unit, which may get a boost as corporations spend more on transportation and business travelers shun company-owned aircraft.
Southwest Airlines announced today that the Company flew 6.3 billion revenue passenger miles (RPMs) in October 2009, a 1.9 percent increase from the 6.2 billion RPMs flown in October 2008.
UAL Corporation, the holding company whose primary subsidiary is United Airlines, today announced that ExpressJet Airlines, a wholly owned subsidiary of ExpressJet Holdings, Inc. will operate 22 ERJ-145 aircraft under the United Express brand.