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Mobile Air Travel

By Aaron Karp

Airports and airlines are seeking ways to enhance customer service via cellular devices.

The Great Gate Chase

By Jerome Greer Chandler

From the runway to the gate can be quite a journey.

Capital Takes a Holiday

By Perry Flint

The liquidity crisis is likely to have a major impact on the availability of aircraft financing in 2009, as will the looming recession.

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Ryanair extends deadline as nearly all EI shareholders ignore offer

Wednesday January 7, 2009

Ryanair extended to Feb. 13 the deadline for Aer Lingus shareholders to accept its takeover offer while confirming that on the initial closing date of Jan. 5 it had received acceptances totaling just 29.83% of the shares in EI, including its own stake of 29.82%. [more]

China Southern avoids loss on fuel hedges thanks to canceled contract

Wednesday January 7, 2009

China Southern Airlines posted a $6.3 million gain on its fuel hedges in 2008, becoming the only Chinese carrier to avoid the impact of last year's wildly fluctuating oil prices. [more]

EC extends review of Lufthansa investment in Brussels Airlines parent

Wednesday January 7, 2009

The European Commission extended the deadline of its review of Lufthansa's bid to acquire Brussels Airlines parent SN Airholding to Jan. 26 from Jan. 12. [more]

Hienonen says Finnair may cut up to one-third of network

Wednesday January 7, 2009

Finnair CEO Jukka Hienonen told the dailyIltalehti that he is hoping a 9% reduction in the carrier's route network will allow it to remain stable during the current market downturn but that a worst-case scenario could result in its cutting up to one-third of its approximately 100 routes. Several hundred employees already have been laid off and another 300 will be downgraded to part-time status in the first few months of this year (ATWOnline, Nov. 3, 2008). Finnair plans to take delivery of five A330-200s and two E-190s in 2009 but continues to search for more than €400 million ($550.1 million) in required financing, Hienonen said.

Frontier pilots ratify concessions

Wednesday January 7, 2009

Frontier Airlines pilots represented by the Frontier Airline Pilots Assn. ratified a labor agreement Monday that will extend wage and benefit concessions through Dec. 11, 2011 (ATWOnline, May 23, 2008). "This agreement is important because now 100% of our workers have made wage and benefit concessions, a factor that will prove critical in attracting exit financing for our emergence from bankruptcy," Frontier President and CEO Sean Menke said.

No engine failure in Continental crash

Wednesday January 7, 2009

Continental Airlines 737-500 that crashed on takeoff at Denver last month suffered a ruptured fuel tank in the right wing (ATWOnline, Dec. 23, 2008), causing fuel to spill onto the engine, National Transportation Safety Board investigators said, according to the Rocky Mountain News. Lead investigator Bill English said a final report will take at least a year but that investigators "don't have any indication now of an engine failure after a preliminary look." He said, "Evidencewise, we've got everything we want. We just need to put it all together" (ATWOnline, Dec. 24, 2008).

Wednesday January 7, 2009

Emirates has saved about 10 million liters of fuel and 772 hr. of flight time in the five years since it started working with Airservices Australia to pioneer Flex Tracks. The program involves the use of sophisticated ground and cockpit technology to track live weather and helps pilots chase tailwinds and favorable conditions. It was developed by ASA in December 2003 (ATW, April 2006). The fuel burn reduction has resulted in substantial cuts to emissions, with a total reduction of 26,644 tonnes of CO2 and 163 tonnes of NOx. "Since its launch in 2003, Emirates has progressively expanded the operation of Flex Tracks to all its Australian services and is a major pillar of the airline's efforts to drive eco-efficiencies throughout its global network," EK President Tim Clark said.

Wednesday January 7, 2009

Southwest Airlines said it has completed the private placement of $400 million in senior secured notes due to mature on Dec. 15, 2011. They will bear interest at 10.5% per year and are secured by an interest in 17 737-700s.

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