Alex Osleger is the Director of Operations for Chautauqua Airlines, which is one of three airlines owned by Republic Airways holdings. Mr. Osleger has established himself as an authority in the regional airline industry, so we were very pleased when he took time from his hectic schedule to answer a few questions for us.
We’ve recently seen aircraft manufacturers preparing for a recession lasting until sometime in 2010. President Obama has sounded very upbeat by comparison, predicting that we will see a turnaround by the end of this year. But now, some economic analysts say we may see an upturn in airline travel by this summer.
Congratulations to Vien, who was just hired by GoJet Airlines. Vien completed the Private Pilot & Airline Career Pilot Program and Regional Jet Standards Certification Program with ATP.
Airbus, Europe’s largest aircraft manufacturer, states in its annual report on the future of the airline industry:
“The world’s fleet, which includes both passenger and freighter aircraft, will grow from 14,980 at the end of 2006 to nearly 33,000 by 2026.”
The Federal Aviation Administration (FAA) has acknowledged the decline in airline passenger traffic so far in 2009, but forecasts that the US airlines will grow again soon.
That is the headline of a very interesting article I read in the Cleveland Plain Dealer today. The article describes the situation that Liam Broderick, a young furloughed airline pilot, finds himself in and the reasons why he is very optimistic about his future in the airline industry.
I came across an article in this month’s Flying Magazine which caught my eye. The article does a great job of describing a sometimes misunderstood program with Gulfstream Training Academy and Gulfstream International Airlines.
Colgan Air began operation in 1965 as Colgan Airways Corporation. Charles J. Colgan Sr. started the company and it became the fixed based operator (FBO) at Manassas Airport in Virginia. In 1970 the company began scheduled airline operations between Manassas and Washington’s Dulles Airport and Poughkeepsie, NY under contract with IBM which was located in Manassas at that time.
Boeing is the world’s largest producer of Airliners, and every year they take an objective look at the future of the airline business. This report is called Boeing’s Current Market Outlook and it is based on current firm orders for its aircraft. The Current Market Outlook is the most accurate projection of what the airline industry is going to be for the next 20 years.
In spite of the shadow over the economy and concern about the decline in travel demand, analyst Michael Derchin of FTN Securities is still optimistic about the airline industry. He recently outlined his case at a speech at the Wings Club in New York, and here are his major points: