I found a very pertinent article today on the Aero-News Network that point to several factors that are creating profits for the Airline Industry and I am sharing some excerpts with you:
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Month: June 2013
Boeing Launches New 787-10 and Announces 102 Firm Orders
Three major airlines and two major aircraft leasing companies have made firm commitments for a total of 102 Boeing 787-10s, launching the third and largest member of the Dreamliner family.
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SkyWest Announces New Order of Up To 200 Additional Regional Jets
Embraer and SkyWest Inc. signed a firm order for 100 E175-E2 aircraft, with another 100 Purchase Rights, bringing the total potential of the order to 200 aircraft. The announcement was made today at a press conference at the 50th International Paris Air Show. If all the orders are exercised, the contract has an estimated value, at list price, of USD 9.36 billion.
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Boeing Updates Forecast to Require More Than 35,000 New Aircraft
Boeing has released its most recent Current Market Outlook which projects a demand for 35,280 new aircraft over the next 20 years, and a doubling of the world fleet over the next two decades. Passenger traffic and cargo traffic are each expected to grow 5% annually.
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New Group of ATP Instructors become SkyWest Cadets.
Today ATP sent eleven new candidates to become part of SkyWest’s new Enhanced Internship Program. SkyWest flew their new interns to Salt Lake City for new hire indoctrination before sending them back to ATP to instruct and build quality flight experience while in the internship program.
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SkyWest Airlines Joins ATP in Pipeline Program
SkyWest and ATP entered into a Pipeline Agreement where ATP Instructors can become actual employees of SkyWest while continuing to instruct at ATP until they are qualified to fly for SkyWest. One of ATP’s best was among the first group to go to SkyWest for orientation into the new program and his name is Justin Kaiser. I asked Justin to tell us what the experience was like and he shared the following with us.
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