Strong growth in airline industry yield and revenues in October - up 8.1% and 7.3%, respectively - "should allay any malingering investor concern over...[fourth quarter] profit levels generated by recent spate of promotional activity," according to PaineWebber Airline Research. The firm expects "very solid industry revenue performance" through the first quarter of 1996, with the best relative yield performance remaining on the East Coast. Fourth quarter revenues are projected to be up more than 20% for both Continental and USAir.
In a move aimed at encouraging airlines to turn in unused designator codes, IATA will hit carriers with an annual fee of $2,000 for the privilege of retaining their designators, effective Jan. 1. The charge is in addition to the current annual administration levy of $585. If the fee fails to recover enough of the two-character airline designators, it could jump to $10,000 per year. Under the two-character system, there are 1,100
Issued an airworthiness directive on certain Aerostar PA-60-600 aircraft requiring inspecting the fuselage horizontal stabilizer attach fittings...Issued an AD on certain Avro 146 aircraft requiring inspections for cracking of the fastener holes in the butt strap at Rib 2.
More than half of 200 U.S. corporations responding to a survey conducted by Air Travel Card have a staff member dedicated to handling meeting management. Most of them are in the company's travel department, Air Travel Card said, and many companies said they expect to add the meeting planning function to the travel department within the next two years. Forty-two percent of the respondents said inclusion of the position in the travel department enables them to negotiate greater savings for travel and meetings.
Granted orally an exemption to VASP to serve Toronto with local traffic rights as a beyond point on the carrier's existing authority to conduct scheduled combination service between a point or points in Brazil and Miami.
Alaska Airlines has applied for authority to operate combination service between San Francisco and two points in Mexico, Mazatlan and Puerto Vallarta, and between Los Angeles and Los Cabos, Mexico. The carrier plans to operate five weekly roundtrips between San Francisco and Mazatlan using MD-80 aircraft, daily San Francisco-Puerto Vallarta roundtrips using Boeing 737s, and three roundtrips weekly and two additional weekend flights between Los Angeles and Los Cabos, using MD-80 and Boeing 737 aircraft. (Docket OST-95-851)
Italy's National Statistics Office says passenger air travel to the country was up 5.5% in September over September 1994, according to a Reuter report from Rome. Air travel in the third quarter was up 7.8% at 18 million passengers. In September, 5.86 million passengers arrived or departed from Italian airports.
TWA's tour package subsidiary, TWA Getaway Vacations Inc., is upgrading its products and has named an America West executive to take charge. Getaway is developing a state-of-the-art automation system that TWA said will speed availability of tour packages to current customers and, it hopes, to bring in new ones. As part of the upgrade, Getaway has named Sylvanus Hutchinson president. He was senior director-sales planning and program development at America West, where he oversaw promotions and programs to improve profitability.
DOT granted Northwest authority to operate scheduled combination service between the U.S., on the one hand, and Dresden and Leipzig, Germany, via Amsterdam. Northwest will operate the service under its code-share agreement with KLM, beginning on or about Dec. 15. Eurowings Luftverkehrs AG, a strategic partner of KLM, operates Amsterdam-Germany segments of Northwest's and KLM's U.S.-Amsterdam-Germany flights, using ATR-42 and ATR- 72 aircraft.
DOT has tentatively found Eagle Jet Charter Inc., operating as Eagle Jet, fit, willing and able to operate scheduled interstate combination service. With its new authority, the Las Vegas-based air taxi operator, currently holding authority for charter service using small airplanes, plans to convert its charter operations to scheduled service, providing one daily scheduled roundtrip between Las Vegas and the Grand Canyon, using 44-
Surveyed by the British Airline Pilots Association, two out of five U.K. pilots admitted falling asleep on the job. In one incident, a pilot strayed into a no-fly zone over the former Yugoslavia while asleep. In another, a captain woke up to discover that his first officer also had nodded off.
A tourism, technology and telecommunications forum and exposition, TravComm '95, is scheduled Dec. 4-6 at the Hyatt Regency Hotel in Miami. The event is sponsored by Caribbean/Latin American Action in cooperation with the International Institute of Tourism Studies, George Washington University and the Caribbean Hotel Association. DOT Secretary Federico Pena will speak at a luncheon Dec. 6, and invited to speak Dec. 5 is Sylvia Hernandez, Secretary of Tourism for Mexico.
A picture book of 3-D photographs of the early days of aviation, for children ages 6-12; includes a set of goggles. Thomasson-Grant Publishers; $11.95 paper over board. To order, call 804-977-1780 ext. 27.
Regional airline traffic grew faster than capacity by an average of 1.4 percentage points during October in The DAILY's 13-airline sample. Traffic, measured by revenue passenger miles, rose at an average rate of 23.4% during the month. That is versus 22.1% for capacity, measured in available seat miles. Rapidly expanding Florida-based Gulfstream International again paced the sampling with a 139.5% increase in RPMs versus a 106.8% jump in
...Wider`BFe has been in operation since 1934, operating every de Havilland of Canada product except the Buffalo. With its government contract, it is protected from most competition and provides the only transportation to much of the country, including 25 STOL airstrips and 12 larger airports. One 10-minute flight in the far north chops four hours 50 minutes off the same surface trip. The communications ministry is requiring new bids for the
Granted orally an exemption to Amerijet International Inc. to engage in scheduled all-cargo service between Miami, on the one hand, and Caracas, Maracaibo and Valencia, Venezuela, on the other, via intermediate and beyond points named in the U.S.-Venezuela aviation agreement, and to integrate this authority with its existing exemption and certificate.
Norway's Wider`BFe's Flyveselskap, which has enjoyed an exclusive contract with the nation's Ministry of Communications to provide scheduled air service to the many STOL airstrips along the country's rocky northwest coastline, now faces competition. Norway is a member of the European Community's aviation structure and must put such service out for bids. If the entire system is put out for a single contract, Wider`BFe officials say they
Airlines say Illinois Senate legislation to create a regional airport authority to run Chicago's airports and build another at Peotone is "beating a dead horse." The bill's $30 million for administrative costs is "just a handout for consultants and lawyers who have made a profession out of harassing O'Hare," according to Air Transport Association President Carol Hallett.
American Eagle has carried 75 million passengers in its 11-year existence - the first regional carrier that can make that claim, the carrier announced last week. In the 11 years, Eagle's operation has grown from 60 daily flights to seven cities to 1,600 daily departures to more than 150 destinations in the U.S., Canada, the Bahamas and the Caribbean. Eagle operates 266 turboprop aircraft that range in size from the 19- seat Jetstream 32 to the 64-seat Super ATR (ATR 72).
