The offices of startup Surf Air look more like those of a new software developer, with laptop-wielding engineers tapping away on keyboards, whiteboards sprawling with multi-colored to-do lists and, of course, surf boards hanging on a back wall. These are not decorations, according to co-founder Wade Eyerly; employees are welcome to grab a board and haul it to the nearby beach in Santa Monica, Calif., for some relaxing and perhaps inspiring wave-riding action.
I really thought we had heard the end of the FAA’s one-level-of-safety mantra after Colgan Air Flight 3407, masquerading as a Continental Airlines codeshare, crashed in a fiery ball in a residential area just outside Buffalo, N.Y., one snowy February night four years ago.
Embraer expects to see substantial sales activity over the next few months involving 70- and 76-seat E-Jets as U.S. major airlines respond to relaxed union limits on regional jets among their regional airline partners, according to the manufacturer’s CEO, Frederico Curado.
For reasons ranging from high fuel costs to regulatory complexity, European regional airlines still face “a very difficult time,” according to European Regions Airline Association (ERA) director general Simon McNamara. Meanwhile, persistently weak economic data continued to “depress people’s willingness to travel,” he said, leading to contraction of the European airline industry as a whole.
The pilots of Pinnacle Airlines ratified a bankruptcy restructuring contract on Tuesday, thereby avoiding what could have proved a messy court battle with management and potentially saving the Memphis-based regional from liquidation. Eight-five percent of the pilots who cast ballots voted in favor of the agreement.
Pinnacle Airlines and its wholly owned subsidiaries have entered into a series of agreements that would provide a path forward for the company to emerge from bankruptcy under the ownership of Delta Air Lines or an affiliate, the company announced Thursday.
Mitsubishi Aircraft has officially broken the Bombardier-Embraer duopoly for regional jets in the U.S. with its confirmation on Thursday of a firm order from SkyWest Airlines for 100 MRJ90s worth $4.2 billion at list prices.
Hurricane Sandy and the subsequent storm that struck the east coast of the U.S. last month forced the world’s largest regional airline company to cancel some 3,100 flights. St. George, Utah-based SkyWest, whose ExpressJet subsidiary flies a network concentrated largely in the eastern half of the U.S., estimates it will lose some $3 million as a result of Sandy and the following week’s Nor’easter.
Republic Airways’ efforts to “restructure” its Indianapolis-based Chautauqua Airlines subsidiary appear to have yielded their intended results. During a November 1 conference call to discuss the company’s third-quarter earnings, Republic CEO Bryan Bedford reported that the regional airline holding company has found a way to mitigate future negative cash flows at Chautauqua by some $45 million over five years, largely by reaching new business agreements with several “key stakeholders ” and returning idled aircraft to revenue service.
Regional airlines serve a vital purpose all over the world even where they mix with low-cost carriers. The regionals can serve areas the low-costers cannot reach–or so goes a well known European beer advertisement. Thin routes mean smaller aircraft and services more akin to business aviation flights than those for holiday-makers.