The world’s airlines have raised their profit forecasts for 2012 and expect improved performance in 2013 as efforts by North American airlines to trim capacity have boosted margins and demand, the International Air Transport Association (IATA) said on Monday.
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Boeing forecasts that Airlines in North America will take delivery of 7,290 new airplanes over the next 20 years at a market value of $820 billion. This will require that over 70,640 pilots are hired and trained to fly them.
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Delta Air Lines posted third-quarter net income of $1.05 billion, nearly doubling the $549 million in net income earned in the year-ago quarter.
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American Airlines parent company’s CEO Tom Horton said the airline expects to hire 2,500 pilots over the next five years as it increases the number of international flights in its route structure.
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Regional Airlines have been hiring a lot of new pilots this year. ATP has graduated over 450 pilots in the last 12 months, and sent many of them to fly for the airlines. I personally have spent a lot of time helping those aspiring airline pilots prepare for their first interviews. I have made binders full of notes debriefing those pilots after their interviews and would like to share some common mistakes that you can avoid.
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Seattle based Alaska Airlines and the Boeing Company have announced a firm order for 50 new 737s. The purchase is valued at more than $5 billion at current list prices and is the largest in Alaska Airlines’ history.
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SkyWest, Inc., reported that passenger traffic flying on its two subsidiaries, SkyWest Airlines and ExpressJet Airlines, in September increased 5.3 percent compared to figures from September of 2011. SkyWest boarded 4,831,914 passengers in September compared to 4,586,941 for the same period last year.
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