US Bureau of Transportation Statistics (BTS) released (07-Jan-2010) the Air Travel Consumer Report for Nov-2009. According to the report, the US’ largest airlines had a rate of on time services this past Nov-2009 that was higher than both the same month last year and the mark posted in Oct-2009. In addition, the reporting carriers also reported a mishandled baggage rate of 2.78 reports per 1,000 passengers in Nov-2009, an improvement over both Nov-2008 and Oct-2009. Details include:
US BTS report airline on-time performance in Nov-2009
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Now Hawaiian is in a position to determine the optimal cash balances for its business. The company also continues to study allocation of its cash, but with a spike in capital expenditures in 2017 spurred by aircraft acquisitions Hawaiian is not gearing up for a massive change in shareholder returns.
Airline JVs under scrutiny in Qantas-American; Delta-Aeromexico; Alaska-Virgin America merger
Concerns over the US Department of Justice obstructing the merger between Alaska Air Group and Virgin America were laid to rest in Dec-2016: the agency cleared the tie-up through a fairly benign requirement that Alaska and American must relinquish some codesharing routes. The result is that Alaska and Virgin America will bolster their combined positions at key US markets in order to compete more effectively with larger US network airlines.
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In the last weeks of 2016 US regulators have pointed a new direction for joint venture, but the message is not entirely clear. Adopting a reasoned approach to the Alaska-Virgin America tie-up while rejecting a proposed joint venture between Qantas and American, and driving Aeromexico and Delta to reconsider their JV after imposing conditions the airlines deemed to be unworkable. In part, those decisions reflect the influence smaller airlines have exerted on the current US Presidential administration.