Economy of the United States

May 27, 2008 - 10:35am

After being purchased last year by American Airlines, TWA and its callsign ceased to exist, but not airplanes with its livery. Although all previous TWA flights are using American as their callsign, the airplanes still have TWA markings. The former TWA airplanes will be repainted in American colors, but the changeover is expected to take several years.

May 27, 2008 - 6:06am

Delta Air Lines’ “realignment” of its regional subsidiaries reached the top levels of management last month, when Delta senior v-p of strategy and business development Fred Buttrell became president and CEO of Delta Connection. Buttrell replaced long-time Comair CEO David Siebenburgen, considered by many the father of the regional jet movement in the U.S.

May 22, 2008 - 5:12am

Last month the International Brotherhood of Teamsters (IBT) filed with the National Mediation Board (NMB) for an election to allow the pilots at fractional aircraft operator Raytheon Travel Air to vote for union representation. If it is verified that 35 percent or more of RTA pilots have requested an election, it will be so ordered. The only fractional pilots now unionized are those flying for NetJets, who belong to IBT Local 284.

May 21, 2008 - 8:50am

In a move widely expected to portend an industry trend in years to come, Continental Airlines last month confirmed its intention to sell 20 percent of its now wholly owned Continental Express subsidiary on September 1, laying the foundation for an eventual full spin-off of the Houston-based regional airline.

May 21, 2008 - 7:55am

Mesa Air Group last month reversed its decision to establish a new Cincinnati base and canceled all the flights scheduled to six cities from Cincinnati/Northern Kentucky International Airport for July 8. Mesa contacted all affected passengers and reaccommodated them on Delta Air Lines or Comair flights.

May 19, 2008 - 8:36am

In the fallout from the failed merger of General Electric and Honeywell, Honeywell’s board of directors last month huddled to contemplate whether the company has a legal case against GE for failing to use “reasonable best efforts” to win approval for the proposed deal in Europe.

May 16, 2008 - 11:34am

“There are definite signs the market is improving. We’re starting to see aircraft sales pick up at the broker level and we’re holding our own in the market, at least in the first quarter of this year, and we’re hoping it will continue in the second quarter,” James Donlan told AIN.

May 15, 2008 - 8:57am

Airline executives whose predictions of regional divestitures raised eyebrows just two years ago watched their prophesies turn to hard reality in late February, as Northwest Airlines announced its intention to spin off its Memphis-based Express Airlines I subsidiary and Continental Airlines revisited its plans to divest itself from Continental Express.

May 15, 2008 - 8:49am

American Airlines has responded to a contractual limit on ASM growth at its regional affiliates with a plan to strip the AA* code from certain St. Louis-based flights operated by American Connection partners Chautauqua, Trans States and Corporate Airlines. American claims the move will give it another six to nine months to decide the fate of its San Juan, Puerto Rico-based Executive Airlines subsidiary.

May 9, 2008 - 5:46am

Less than nine months into a pro-rate code-share contract with Frontier Airlines that called for the introduction of seven Bombardier CRJs into the Frontier system by year-end, Mesa Air Group has begun to curtail its relationship with the Denver-based low-fare carrier as a lingering environment of razor-thin yields has resulted in “less than satisfactory” returns for Mesa, according to a company official.

 
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