Major U.S. airlines reported $3.8 billion in net profit for the first half of the year, up from the $1.6 billion they reported during the same period last year, according to Airlines for America (A4A). A 6-percent increase in operating revenues drove the year-over-year improvement, the trade group said.
Alaska Airlines was the most fuel-efficient U.S. carrier for domestic operations in 2011 and 2012, according to a nonprofit organization’s analysis. Allegiant Air and American Airlines were the least fuel-efficient carriers during the survey period, the International Council on Clean Transportation (ICCT) says in a study released on April 30.
The union that represents Allegiant Air’s pilots–APA Teamsters Local 1224, currently in contract negotiations with the airline–is to present its longstanding concerns about safety issues directly to the carrier’s investors. The initiative, announced last week in a press statement, comes after months of what it sees as fruitless efforts to resolve the issues with the FAA and the airline’s management.
World airlines collected $27 billion in revenue from products and services other than ticket sales last year, according to the latest annual report by research company IdeaWorks. The total came from data from 53 airlines that disclose ancillary revenue activity.
Plans to expand the main runway at Chicago’s third commercial airport have hit another delay. The latest estimate now places completion in September next year.
The association representing major U.S. airlines expects that carriers will scale back capacity early next year, aligning it more closely with passenger demand to offset record high jet fuel prices. Airlines for America (A4A) projects a 2.4-percent reduction in scheduled domestic flights, a 1.3-percent decrease in domestic seats and a 0.1-percent cut in domestic available seat miles (ASMs) in the new year. This year, domestic ASMs rose a modest 0.1 percent over last year’s total seat capacity.
A story in this week’s Loveland, Colo. Reporter Herald says that Allegiant Airlines’ suspension of service from Loveland in August was due to airline CEO Maurice Gallagher’s concern about safety based on too much local air traffic and the airport’s lack of a control tower. Local city officials, as well as representatives of the Transport Workers Union representing Allegiant flight attendants want to know why, if flight safety is the reason for the pullout, the airline plans to continue operating service to Las Vegas through the end of October.
Despite $1 billion in losses during the first half of this year stemming from fuel and other cost increases, major U.S. airlines have improved operational performance on several fronts, according to the trade group Airlines for America (A4A).