Month: July 2012

Southwest Airlines Reports Record Profits, Eyes Expansion

Southwest Airlines Co. reported a 42% rise in profit for the second-quarter and said it plans to resume capacity growth next year and resume fleet expansion as soon as it meets its long-term financial return target. Southwest said it could hit its long-term profitability target as early as next year. If so, expansion will require that more pilots be hired in the midst of a growing pilot shortage.
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SkyWest Airlines Agrees to Buy 100 Mitsubishi RJs for $4.2 Billion

St. George Utah based SkyWest Inc., holding company for SkyWest Airlines and ExpressJet Airlines, signed an agreement in principle with Mitsubishi Aircraft Corp. for 100 Mitsubishi Regional Jets (MRJ) on Wednesday. The purchase is valued at $4.2 billion if purchased at list prices, and Mitsubishi president Hideo Egawa said he is “hoping to conclude firm agreement as soon as possible maybe within a few weeks.”
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Looking for a Flying Job? Come Meet the Airline’s Recruiters.

I spoke on the phone today with Scott Rehn, who is the CEO of Aero Crew Solutions. Scott splits his time between heading his company and flying as a pilot for Delta Air Lines. While wearing his CEO hat, Scott spends his time connecting people with companies in need. To be more specific, Scott’s company helps foreign and domestic airlines and corporate flight operations find Airline Pilots, Corporate Pilots and Expats who are looking for them.
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