American Airlines orders 35 Boeing jets to upgrade its fleet and phase
out some gas-guzzling planes.
American Airlines Orders 35 More Boeing Jets
Year: 2010
Boeing Predicts Airline Growth for Next 20 Years
Boeing Company, the World’s
largest manufacturer of airliners, released its 2010 Current Market Outlook estimating
a $3.6 trillion market for new commercial airplanes in the next 20 years.
Boeing’s projection of growth is based on the recovery witnessed in world
economies and strong demand for fleet addition and replacement.
Republic Airways Holdings June Preliminary Traffic Up 118%
Republic Airways Holdings Inc. announced June total traffic of
1.97 billion revenue passenger miles, compared to 0.90 billion revenue
passenger miles last year. Capacity for the period was 2.29 billion available
seat miles, compared to 1.14 billion available seat miles last year. System
load factor for the month rose to 86.0% from 79.0% in the year-ago period.
Airlines Soar Into Second-Quarter Profits
The recovery in the global economy is expected to benefit the airline
industry with unit revenues slated to rise in the second quarter of 2010.
Rising fares, an improvement in international traffic and an overall recovery
is expected to drive this growth. Last year’s economic downturn and the
preceding year’s steep oil prices had adversely affected the airline industry.
We believe that this news will have a positive impact on share price movements
of airline companies in the near future.
American Eagle Airlines Holds Exclusive Hiring Event at ATP Flight School
As airline hiring rebounds in 2010, ATP Flight School is the
first place airline recruiters turn to for pilots. A major
recruiting event will be held at the Hampton Inn, Ponte Vedra Beach, FL, and all ATP Flight School Instructors, Students, and Graduates are
welcome.
Colgan Air Hiring Pilots – Offers Preferential Interviews to ATP Flight School Graduates
Colgan Air held a recruiting event at New York’s La Guardia airport exclusively for
ATP Flight School Instructors and Graduates to attend. The event was held on July 6th
and 7th, and over 20 pilots were offered First Officer Positions by Colgan.
American Airlines and American Eagle Report Passenger Traffic Increase
AMR Corp. Tuesday said its load factor for June improved 1.6
points for its principal subsidiary, Airlines, while
traffic grew 3.2%. Traffic for American Eagle in June increased 5.3%.
Southwest Airlines, Airtran and Allegiant Report Rise in Passenger Traffic
Southwest Airlines Co. said Wednesday its total June traffic rose 5% to more than 7
billion revenue passenger miles from 6.7 billion revenue passenger miles a year
ago. A revenue passenger mile is equal to one passenger flown one mile. Total
June capacity rose 1.9% to 8.6 billion available seat miles from a year ago.
Load factor, or the percentage of available seats filled with passengers, in
June rose to 81.9% from 79.5% last year.
Republic Airways Reports 118% Increase in June 2010 Traffic
Republic Airways Holdings, today reported preliminary passenger
traffic results for June 2010. The Company generated 1.98 billion revenue
passenger miles (RPMs), a 118% increase from the same month last year, while
available seat miles (ASMs) increased 101%.