Gulfstream Orders Suggest Recovery in Business Jets
General Dynamics said Wednesday that its Gulfstream unit received orders for more business jets in the third quarter than in any comparable period since mid-2008, another indication of recovery in the market for corporate planes. Did you like this? Share it:Tweet
Southwest Airlines and AirTran Airways Q3 Profit Takes Off
Southwest Airlines posted a third-quarter profit of $205 million, or 27 cents per share, Thursday morning — a significant jump from a net loss of $16 million a year ago. AirTran Airways more than tripled its profit in the third quarter on higher revenue and passenger traffic. Did you like this? Share it:Tweet
Business Jet Usage to Rebound, CEO tells Aero Club
Signature Flight Support president Michael Scheeringa didn’t use a corporate jet when he flew to Wichita on Tuesday to speak at the Wichita Aero Club luncheon. Did you like this? Share it:Tweet
ATP Will Be at the AOPA Aviation Summit 2010
Like thousands of other pilots and aviation enthusiasts, I will be attending AOPA’s Aviation Summit in Long Beach, California on November 11th through 13th. I gave a presentation at the Aviation Summit last year in Tampa and promised myself that I would attend every one of them in the future. Did you like this? Share [...]
JetBlue Reports a “Remarkable” $59 Million Third-quarter Profit
JetBlue Airways reported a $59 million third-quarter profit compared to a $15 million profit in the third quarter of 2009, and said it is on course to report its “most profitable year ever.” Did you like this? Share it:Tweet
American Airlines Profitable for First Time Since 2007
American Airlines parent AMR Corp. returned to the black for the first time in three years, reporting third-quarter net income of $143 million, reversed from a $359 million net loss the year-ago period. Did you like this? Share it:Tweet
NetJets to Order 50 Embraer Jets
Business jet operator NetJets Inc. said on Monday it had signed an order for 50 new small business jets from Brazilian manufacturer Embraer, a sign that the company thinks the struggling business aircraft industry is poised for a rebound. Did you like this? Share it:Tweet
AirTran Reports Increase in Third Quarter Profit – Announces Seating Capacity to Rise 3-4%
AirTran Holdings, Inc.,the parent company of AirTran Airways, Inc., today reported a net profit of $36.3 million forr the third quarter of 2010. During the quarter, the Company reported operating income of $56.7 million. AirTran Holdings Inc. will also boost seating capacity next year 3 percent to 4 percent as the carrier adds six new [...]
Southwest Airlines posts $205M profit for 3Q
Southwest Airlines Co. is making money as more people travel on the nation’s largest discount airline.Southwest said Thursday it earned $205 million in the July-through-September quarter. Did you like this? Share it:Tweet
US Airways Extends Code-Share Deal with Troubled Mesa Air
US Airways Group Inc. said Tuesday that it agreed to extend by more than three years a deal to use Mesa Air Group Inc. to operate some of its regional flights while reducing payments to Mesa. Did you like this? Share it:Tweet
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