Airline Finance News - North America.

 
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New York (AirGuideBusiness - Airline Finance News North America) May 20, 2012

Airbus, Boeing Airbus, Boeing report increase in 1Q deliveries. Airbus and Boeing reported first-quarter deliveries were up over the year-ago quarter. Airbus delivered 131 aircraft in the first quarter, up 12 compared to 119 aircraft in the 2011 first quarter. In the 2012 first quarter, Airbus delivered 10 A319s, 79 A320s, 15 A321s, 10 A330-200s, one A330-200F, 12 A330-300s and four A380s. Boeing delivered 137 aircraft in the first quarter, up 33 compared to 104 aircraft the 2011 first quarter. In the 2012 first-quarter, Boeing delivered 137 aircraft, comprising 99 737NextGens, six 747s, seven 767s, 20 777s and five 787s. May 15, 2012

Allegiant Air Allegiant Reports March 2012 Traffic. Allegiant Travel Company today reported preliminary passenger traffic results for March 2012. Allegiant, travel is our deal. Las Vegas-based Allegiant Travel Company is focused on linking travelers in small cities to world-class leisure destinations. Through its subsidiary, Allegiant Air, the company operates a low-cost, high-efficiency, all-jet passenger airline, and offers other travel-related products such as hotel rooms, rental cars, and attraction tickets through its website, allegiant.com. The company was ranked ninth in the 2011 Forbes' Best Small Companies. Allegiant was also recently named one of FORTUNE magazine's "100 Fastest-Growing Companies" for the second consecutive year. Note: This news release was accurate at the date of issuance. However, information contained in the release may have changed. If you plan to use the information contained herein for any purpose, verification of its continued accuracy is your responsibility. May 15, 2012

American Airlines American Airlines Celebrates 30 Years Of Service Between Dallas/Fort Worth And London. On May 19, 1982, Ronald Reagan served as president of the United States, and Margaret Thatcher was prime minister of the United Kingdom. Also on that date, a significant development occurred in American Airlines history when the carrier launched new service between Dallas/Fort Worth International Airport (DFW) and London. Tomorrow marks 30 years of service between the two cities that began with American's inaugural flight from DFW to London Gatwick Airport (LGW). Today, because of a joint business agreement with British Airways, American customers can choose from nearly 70 daily flights between North America and the United Kingdom. Beginning June 14, American will launch a fourth daily flight between DFW and London Heathrow Airport (LHR) providing customers with even more options when traveling to Europe. This additional flight is another example of how American has further enhanced its commitment to Europe and meets the needs of customers around the world. London Heathrow is the largest premium market in the world with 4,200 international premium customers per day. In 2010, American, British Airways and Iberia implemented a joint business allowing the three airlines to cooperate commercially on nonstop flights between the United States (including Puerto Rico and the U.S. Virgin Islands), Canada, Mexico, the European Union, Switzerland and Norway. As a result of the agreement, customers can earn and redeem AAdvantage[umlaut] miles on all British Airways and Iberia routes and can earn 100 percent of base miles flown on any British Airways flight or any Iberia flight between the U.S., Puerto Rico, Mexico and Spain. This strengthened relationship between the airlines further establishes American's commitment to Europe and provides customers with a route network to more than 420 destinations in more than 100 countries with about 5,200 daily departures. The three airlines are continuously working together to provide additional benefits to their customers. May 18, 2012

American Airlines AA Credit Union Announces Installation of New Image-Enabled ATMs At 15 Branches. American Airlines Federal Credit Union has completed the installation of new image-enabled ATMs at 15 of its branch locations. The new machines feature complete ATM deposit automation allowing AA Credit Union members to make convenient, envelope-free deposits. The image-enabled devices capture check images, determine check amounts, complete the deposit process and then provide front and back copies of checks printed right on the receipt. There's even an option to decline a receipt to go paperless. "This is the kind of member-friendly service improvement we're continually working to provide," said AA Credit Union President and CEO Angie Owens. "These machines add a new layer of convenience while providing added security and simplifying the deposit process. We're proud to provide these new ATMs at some of our key branch locations and hope to expand to other locations in the coming months." Branch locations featuring the new image-enabled devices include: AA Headquarters and Alliance Airport, in Fort Worth, Southlake, Hurst and Euless, Texas; Tulsa, Okla.; and our airport locations at DFW, Los Angeles, Chicago O'Hare, Newark, LaGuardia and JFK in New York. To find exact locations, visit our website at www.AACreditUnion.org. May 18, 2012

American Airlines American Airlines memo is mistaken about pilots, union says. The union representing American Airlines pilots disagreed with an executive memo that said pilots did not support a merger with US Airways. The union has been neutral on a possible merger. May 17, 2012

American Airlines American Eagle Airlines Expands its Ground Handling Operations. Eagle Ground Handling, American Eagle's ground handling business, has been awarded a contract to handle United Express ground handling operations at nine U.S. locations. Currently, Eagle Ground Handling provides ground handling services for other airlines in Waco, College Station, Killeen/Fort Hood and Tyler, Texas, as well as Monroe, La. As a result of these awards, it will add ground handling services for United Express at those stations, along with Dallas Love Field, Del Rio and Beaumont/Port Arthur, Texas, plus Binghamton, N.Y. "We are excited about this opportunity to expand our relationship with United Express," said Pedro Fabregas, American Eagle's Senior Vice President [ETH] Customer Service. "Our team at Eagle Ground Handling is the best in the industry, and we look forward to providing our excellent services at these nine locations." The United Express ground handling operations at the newly contracted stations will be transitioned to Eagle Ground Handling in the coming months. May 17, 2012

American Airlines Five work groups accept contract from American Airlines. Five of seven work groups in the Transport Workers Union accepted an American Airlines contract with union workers. "Today's ratification announcement demonstrates American's willingness to address the TWU's interests and the union's willingness to negotiate new contracts that achieve the cost savings needed for our successful restructuring," said American Airlines. May 16, 2012

American Airlines Smaller American work groups ratify new labour contracts. While most of American AirlinesO (AA) workers are pledged to supporting a merger with US Airways, a number of the companyOs smaller workgroups have ratified new collective bargaining agreements. The accords will preserve about 1,300 jobs, said AA, which is operating under Chapter 11 bankruptcy protection. The groups include fleet service workers, dispatch personnel, maintenance control technicians, simulator technicians and ground school and simulator pilot instructors. All of the groups are represented by the Transport Workers Union (TWU). AAOs aircraft mechanics, also represented by TWA, declined to accept a consensual agreement. OTodayOs ratification announcement demonstrates AmericanOs willingness to address the TWUOs interests and the union's willingness to negotiate new contracts that achieve the cost savings needed for our successful restructuring,O AA said. May 16, 2012

American Airlines AMR Agrees Deals With Five Work Groups. Five out of seven work groups represented by the largest union at American Airlines voted to accept contract terms offered by the bankrupt airline that will cut thousands of jobs, the Transport Workers Union (TWU) said on Tuesday. The vote ends a court battle between the groups and AMR over the airline's bid to void its current collective bargaining agreements as it seeks to save USD$1.25 billion a year in staff costs, including USD$990 million from its unions. Had that request been successful, AMR might have been allowed to unilaterally impose even more stringent terms. That same court battle continues this week, however, for the TWU groups that turned down the deal, as well as two other unions representing AMR pilots and flight attendants who elected not to vote on the deal. Those groups are taking a higher-risk path, accepting the possibility of deeper cuts in the hope that Judge Sean Lane, in US Bankruptcy Court in Manhattan, will deny AMR's bid. The TWU groups' vote does not alter the union's overall support for a proposed merger between US Airways and AMR, the union said in a statement on Tuesday. All three of AMR's primary unions support a merger, saying it could save 6,000 jobs that would be doomed if AMR restructures on a standalone basis. AMR, initially resistant to a merger, said last week it was willing to explore its M&A options. The five TWU groups that accepted the deal -- fleet service clerks, dispatchers, ground school instructors, maintenance control technicians and simulator technicians -- will sustain about 7,300 job cuts, according to Bruce Hicks, a spokesman for AMR. But Hicks said the deal saves 1,300 fleet service jobs that would have been cut under earlier AMR proposals. He added that another 1,960 jobs could have been saved if two other work groups -- aircraft maintenance workers and stores clerks -- had accepted the plan. AMR filed for bankruptcy in November, citing...

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