My Account Menu

CAPA Login


Register to trial CAPA Membership!

Southwest receives approval to acquire LaGuardia slots. A notable change of strategy for Southwest

4-Dec-2008

Southwest Airlines received US Bankruptcy Court approval to invest USD7.5 million for assets held by bankrupt carrier, ATA Airlines, that include 14 slots at New York LaGuardia Airport, the nation’s most congested airport. The sale, however, will not be executed until a formal Chapter 11 plan for ATA is approved by the Court. ATA described the agreement with Southwest as a sale of the business, including operating certificates and trademarks. [1415 words]

Unlock the following content in this report:

Subheadings:

  • Nov-08 load factors fall sharply....again
  • Sector length on the rise
  • To shrink for first time in 23 years in 1Q09
  • Reduces fuel hedges
  • Union discontent appears

Graphs and data:

  • New York La Guardia Airport domestic capacity share (seats per week as % of total): Week commencing 01-Dec-08
  • Southwest monthly passenger traffic (millions) and load factor (%): 12 months to 30-Nov-07 vs 12 months to 30-Nov-08
  • Southwest sector length: Mar-04 to Nov-08
  • Southwest departures by sector length: Dec-08
  • Southwest Airlines' capacity (ASK) growth (% change year-on-year): Jan-04 to Nov-08
  • Southwest B737 aircraft delivery schedule: 2008 to 2014
  • Southwest Fuel Hedging Programme: as at Sep-08
  • US carriers' losses/gains from 3Q08 fuel hedging
Please login to continue reading or find out more about CAPA Membership below.
This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.