WestJet Airlines Ltd. today announced that its common voting and variable voting shares will trade under a single ticker on the Toronto Stock Exchange (“TSX”) effective as of February 18, 2016. WestJet’s common voting shares currently trade on the TSX under the symbol ‘WJA’ and bear CUSIP number 960410207. The airline’s variable voting shares … Read more
Increasing sales potential in the relatively untapped seaplane market has led Viking Air to introduce the world’s first dedicated seaplane in the 15 to 19-passenger category, the Viking Twin Otter 400S Seaplane. Recognized as the world’s leading seaplane manufacturer, Viking has developed the new 400S variant of the Series 400 to optimize the Twin Otter … Read more
Bombardier Commercial Aircraft and PSA Airlines announced that the airline’s fleet has grown to 100 CRJ Series regional jets. The 100th aircraft, which is one of 24 CRJ900 regional jets ordered by American Airlines (American) in December 2014, will be operated under the American Eagle regional brand. PSA Airlines’ fleet is entirely comprised of CRJ200, CRJ700 … Read more
OneJet, the air transportation network that provides nonstop travel in small and medium size markets, today announced the selection of Pittsburgh as its new focus city, significantly expanding nonstop regional air service from Pittsburgh International Airport. The expansion will include the addition of five new nonstop destinations from Pittsburgh over the course of 2016, as … Read more
Share Tweet Share Share Email Comments Southwest Airlines today announced it will share $620 million through its ProfitSharing Plan with its Employees for 2015, equaling approximately 15.6 percent of each eligible Employee’s eligible compensation, or the equivalent of eight weeks’ pay. This $620 million contribution, nearly $1.7 million a day, is the largest total dollar … Read more
U.S. Government’s approval of sale of controlling interest in airline means new local ownership and new local management team will guide airline’s future growth. Ohana Airlines Holdings today announced that the U.S. Department of Transportation has approved its previously announced plans to sell a controlling interest in Hawai‘i Island Air, Inc. (Island Air) to PaCap … Read more
An eagerly awaited aircraft CO2 emissions standard made further and important headway today at the UN’s International Civil Aviation Organization (ICAO). The new environmental measure was unanimously recommended by the 170 international experts on ICAO’s Committee on Aviation Environmental Protection (CAEP), paving the way for its ultimate adoption by the UN agency’s 36-State Governing Council. … Read more
Share Tweet Share Share Email Comments Silver Airways today announced it is further expanding its Bahamian network by resuming nonstop service to Nassau, Bahamas. Starting May 26, 2015, Silver Airways will operate nonstop flights to Nassau’s Lynden Pindling International Airport from Tampa, Palm Beach, and Fort Myers, including: – Daily nonstop service between Tampa and … Read more
Share Tweet Share Share Email Comments SeaPort Airlines announced today that it has filed a voluntary petition for Chapter 11 reorganization in the U.S. Bankruptcy Court for the District of Oregon. After much consideration, the Board of Directors of the Oregon-based airline has determined that reorganization is the best path forward for SeaPort Airlines, allowing … Read more
Delta Air Lines Board of Directors today announced that Richard H. Anderson has chosen to retire as CEO effective May 2, 2016. At that time, Mr. Anderson will be elevated to Executive Chairman of the Delta Air Lines Board of Directors. “Richard has been an outstanding leader and CEO. His unique combination of strategic and … Read more