Spinning for Dollars 15-Year Blues the Fiduciary Standard

Total Page:16

File Type:pdf, Size:1020Kb

Spinning for Dollars 15-Year Blues the Fiduciary Standard Ask the Fool The Fiduciary Standard What’s a “fiduciary” Qstandard? — A.H., Burley, Idaho Fool’s School • Does management impress you My Dumbest Investment The Motley Fool Take A fiduciary standard requires by communicating candidly (as in Apeople who might give you annual letters to shareholders) and 15-Year Blues Spinning for financial advice to act in your best Researching executing smart strategies? • What risks does the company My dumbest investment move interest, recommending or doing Companies Dollars whatever will serve you best and face? Many things could go wrong, was buying my house with a If you’re thinking about invest- such as losing a customer that Peloton Interactive (Nasdaq: avoiding any conflict of interest. 15-year mortgage. — A.V., online PTON) enjoyed a huge tailwind Some advisers (like broker- ing in a company, dig into it: accounts for a big chunk of its Learn enough to make a confident, The Fool Responds: That from the pandemic in 2020. With dealers) may simply abide by a business. (Companies’ annual wasn’t necessarily a dumb move gyms closed and social distancing in “suitability” standard, recommend- informed decision to buy or not 10-K reports typically list a variety place, demand for in-home exercise to buy. Here are some questions — both 15-year and 30-year ing or doing whatever is suitable of risks.) home loans have their advantages equipment soared. Peloton’s com- for their clients. What’s suitable, you might ask. (Don’t worry about • Does the company pay a divi- bination of hardware and connected unfamiliar terms — just start learn- and disadvantages. You though, may not be what’s best dend? If so, what does it currently didn’t explain why you’re exercise services got a huge boost ing about investing, and you’ll get and enjoyed stellar growth, but now — and it might earn them a sales yield, and how much has it been unhappy with your 15-year commission that a better move better over time.) increased over the past few years? investors are focused on figuring out • Is the company in a growing mortgage, but it’s likely that you which stocks are most likely to thrive for you might not. Indeed, among (Stocks without dividends can don’t like the higher monthly pay- industry? be great investments, but reliable in a post-pandemic world. your options for suitable invest- ments, which can leave you with As gyms start to reopen, the com- ments, a nonfiduciary adviser • What’s its business model income from a solid dividend payer — how, exactly, does it make its less money each month for saving, pany’s offerings could seem less might recommend the least suit- is appealing, too.) investing or spending on essentials essential. But while the exercise able one. (Of course, many nonfi- money? Does it require a lot of • Does the stock seem overvalued innovator’s growth might be a bit money to operate and grow (as in and treats. On the other hand, a duciary advisers are still ethical or undervalued? (Ideally you’d buy shorter-term mortgage will let you uneven in the near term, relaxing and may serve you well.) manufacturing) or not so much (as in shares that are undervalued.) Valuing social distancing probably won’t online marketplaces)? pay off your home and build equity Supreme Court Justice Benjamin a company is a subjective endeavor, much more quickly, while paying destroy its long-term opportunities. • How has it been performing? Meanwhile, Peloton is recalling Cardozo famously referred to the but undervalued stocks typically have a lot less in interest over the life of fiduciary standard by noting, “A Are its revenue, earnings and profit price-to-earnings (P/E) ratios below its treadmill due to safety concerns margins growing? How does it com- the loan. (A 15-year loan typically — a move which has depressed its trustee is held to something stricter their own five-year averages and has a lower interest rate, too.) pare with competitors? Is it growing below those of competitors. shares. Future treadmills should be than the morals of the marketplace.” Meanwhile, 30-year mortgages safer, and the company’s future still When you’re looking for finan- its market share? Next week we’ll offer some • What sustainable competitive have lower monthly payments but seems bright. cial advice, it’s smart to ensure that resources that can help you research higher interest rates, and you’ll pay Peloton’s stock price is already fac- your adviser is held to the fiduciary advantages does it have? Examples companies of interest. In the mean- toring in an economic recovery and include a strong brand, valuable a lot more in interest over the life standard, looking out for your best time, you might learn more in of the loan. A loan can help you the treadmill recall, recently trading interest before his or her own. Reg- patented technology, economies of investing books by Joel Greenblatt, down 51% from its 52-week high. scale, a big multinational presence qualify to buy a more costly home istered Investment Advisers (RIAs) Peter Lynch, Philip Fisher, John — but it’s generally better to buy The brand still looks very strong; and Certified Financial Planners and robust employee retention. Bogle and The Motley Fool. Peloton is a first mover in the con- a less expensive one so you have nected exercise equipment space, and (CFPs) are generally held to the wiggle room if you lose a job or fiduciary standard. still has a lot of room for growth. Name That Company suffer some other financial setback. The stock isn’t low-risk by any *** Also note that it’s best to build up stretch, but the business is executing What’s an 8-K report? — I trace my roots back to 1886, your credit score as much as you at a high level. For investors with QL.C., Lexington, Kentucky when I was formed in Pennsylva- can before borrowing money, so a buy-and-hold approach, Peloton that you’re offered better interest could be a winner. (The Motley Publicly traded companies in nia as a water and gas business. I Fool owns shares of and has recom- bought and sold many companies rates. Paying bills on time and pay- Athe U.S. are required by the ing down debts can help with that. mended Peloton Interactive.) Securities and Exchange Com- and then went bankrupt in 1913, but mission (SEC) to release financial reorganized and survived. In 1947, I reports every quarter. If certain LAST WEEK’S TRIVIA ANSWER reportedly had assets of $183 million I trace my roots back to 1932, when McGee Airways and Star notable things happen between when an eighth-grade dropout bought those reports that may impact the Air Service began flying in Anchorage. By the late 1940s, I was one of the world’s largest charter operators, having bought some company’s health or performance, me in an auction for $13 million. In 2008, I began trading on the New York Stock former military aircraft. I delivered food in the Berlin Airlift and then an 8-K, or “current report,” transported Yemenite Jews to Israel in 1949. Today, with a market must be filed. An 8-K might report Exchange. Today, with a market value value recently topping $8.5 billion, I’m an international operator; I a completed merger or acquisition, recently topping $28 billion, I’m America’s take more than 44 million customers to more than 115 destinations a bankruptcy filing, a change in top biggest and most geographically diverse in four countries annually. I was the first North American airline leadership, layoffs, or plant clo- publicly traded water and wastewater utility to sell tickets online. I bought Virgin America in 2016. Who am I? sures, among other things. You can company, serving some 15 million people in (Answer: Alaska Air Group (parent of Alaska Airlines)) look up SEC filings at SEC.gov. 46 states. Who am I? Want to Invest? Email us at [email protected], and we’ll Want more information about stocks? send you some tips to start investing. Sorry, we can’t provide Send us an email to [email protected]. Think you know the answer? We’ll announce it in next week’s edition. individual financial advice. © 2021 THE MOTLEY FOOL/DIST. BY ANDREWS MCMEEL SYNDICatION 5/6.
Recommended publications
  • Air Transport
    The History of Air Transport KOSTAS IATROU Dedicated to my wife Evgenia and my sons George and Yianni Copyright © 2020: Kostas Iatrou First Edition: July 2020 Published by: Hermes – Air Transport Organisation Graphic Design – Layout: Sophia Darviris Material (either in whole or in part) from this publication may not be published, photocopied, rewritten, transferred through any electronical or other means, without prior permission by the publisher. Preface ommercial aviation recently celebrated its first centennial. Over the more than 100 years since the first Ctake off, aviation has witnessed challenges and changes that have made it a critical component of mod- ern societies. Most importantly, air transport brings humans closer together, promoting peace and harmo- ny through connectivity and social exchange. A key role for Hermes Air Transport Organisation is to contribute to the development, progress and promo- tion of air transport at the global level. This would not be possible without knowing the history and evolu- tion of the industry. Once a luxury service, affordable to only a few, aviation has evolved to become accessible to billions of peo- ple. But how did this evolution occur? This book provides an updated timeline of the key moments of air transport. It is based on the first aviation history book Hermes published in 2014 in partnership with ICAO, ACI, CANSO & IATA. I would like to express my appreciation to Professor Martin Dresner, Chair of the Hermes Report Committee, for his important role in editing the contents of the book. I would also like to thank Hermes members and partners who have helped to make Hermes a key organisa- tion in the air transport field.
    [Show full text]
  • This Is the Us Master Pilot Scablist the Unionist's Edition
    THIS IS THE US MASTER PILOT SCABLIST THE UNIONIST’S EDITION A SCAB is A Person Who is Doing What You’d be Doing if You Weren’t on Strike. A SCAB takes your job, a Job he could not get under normal circumstances. He can only advance himself by taking advantage of labor disputes and walking over the backs of workers trying to maintain decent wages and working conditions. He helps management to destroy his and your profession, often ending up under conditions he/she wouldn't even have scabbed for. No matter. A SCAB doesn't think long term, nor does he think of anything other then himself. His smile shows fangs that drip with your blood, for he willingly destroys families, lives, careers, opportunities and professions at the drop of a hat. He takes from a striker what he knows he could never earn by his own merit: a decent Job. He steals that which others earned at the bargaining table through blood, sweat and tears, and throws it away in an instant - ruining lives, jobs and careers. ONCE A SCAB, ALWAYS A SCAB - NEVER FORGET! Below are brief notes about legal strikes by organized pilots. 1. Century Airlines 1932: Pilots struck to resist wage reduction by E.L Cord, the patron saint of Frank Lorenzo. 2. TWA 1946: Pilots struck over pay on faster 4 engine aircraft, limited by the provisions of Decision 83. 3. National Airlines 1948: Strike over aircraft safety and repeated violations of the labor contract. 4. Western Airlines 1958: Qualifications of the Flight Engineer.
    [Show full text]
  • The Supply and Demand for Commercial Airline Pilots: Impact of Changing Requirements
    Research in Business and Economics Journal Volume 13 The supply and demand for commercial airline pilots: Impact of changing requirements Jan W. Duggar University of North Florida ABSTRACT This study evaluates the impact of changes in the laws and FAA regulations pertaining to the training, scheduling and experience of certified Airline Transport Pilots on the future supply of commercial airline pilots. It examines the methodology and conclusions reached in supply and demand studies conducted by government agencies and researchers from universities. Using both FAA data and methodology from previous studies, it estimates the supply and demand for certified Airline Transport Pilots for the period 2016-2035. The study specifically examines the supply issues relating to the cost of pilot training, expected retirements, attrition, the number of military pilots, international demand, and the hiring practices of airlines. It also examines the demand for pilots in terms of manning requirements for the FAA estimated fleet of commercial aircraft, turbine general aviation, and air taxi aircraft. The expected shortage will require airlines to raise entrance level salaries and help address training costs and financing to assure an adequate future supply of qualified pilots. Keywords: Pilot supply, pilot training, pilot demand, pilot rest requirements The supply and demand, Page 1 Research in Business and Economics Journal Volume 13 INTRODUCTION There has been substantial turmoil in the demand for Airline Transport Pilots (ATP) over the past 15 years primarily due to the sharp drop in demand by the flying public for airline seats following the 9/11 attack on the United States; the increase in ticket prices due to higher fuel costs; and the decline in demand, again, in 2008-09 due to the economic recession.
    [Show full text]
  • A Conversation with Tim Hoeksema, Chairman, President and Chief the Executive Officer, Pilot Midwest Airlines
    A MAGAZINE FOR AIRLINE EXECUTIVES 2008 Issue No. 1 2008 I ssue N o. 1 o. T a k i n g y o u r a i r l i n e t o new heights A Conversation with Tim Hoeksema, chairman, president and chief the executive officer, pilot Midwest Airlines. pg. 36 Special Section www.sabreairlinesolutions.com I NSIDE Airline Mergers Airlines are scrutinized for affects and Consolidation 26 on the environment Etihad doubles its revenue from 44 2006 to 2007 Focus On The Customer Carriers can become true customer- 62 centric businesses 60 perspective time. Last year, airlines around the world were hit with service delays and schedule disruptions that left thousands of passen- gers outraged. In the United States alone, last year’s on-time performance was only 73.4 percent for the 20 airlines reporting with the U.S. DOT, down from 75.4 percent the previous year. It’s not all bad news though. While there’s plenty of room for carriers around the world to improve their customer sat- isfaction ratings, many airlines have taken monumental steps to ensure their customers come back time and time again. Milwaukee, Wisconsin-based Midwest Airlines, for example, provides spacious, with Tom Klein all-leather seating and offers fresh-baked chocolate chip cookies to its passengers Group President, Sabre Airline Solutions/Sabre Travel Network during flight, making them feel at home. The carrier is also well known for the excep- tional, personalized service its staff offers remember a time when companies undoubt- with the tools and technology necessary to customers, earning it a reputation of “The edly put their customers first.
    [Show full text]
  • Going Wireless Is the Future W-IFE?
    www.inflight-online.com March/April 2017 Volume 8 / Issue 2 Going wireless Is the future W-IFE? A nod to the future Alaskan Airlines has more to love Plane food Catering to the cabin The new oil The value of data Panasonic Avionics Corporation DITCH THE BOX. APRIL 4. Visit us at AIX to check out the next big thing. #spoileralert - we are breaking the boundaries of IFEC. CONNECTING THE BUSINESS AND PLEASURE OF FLYING® www.panasonic.aero © 2017 Panasonic Avionics Corporation. All Rights Reserved. AD-0295 Inflight www.inflight-online.com Cover: Singapore Airlines’ Companion App not only ties in with Panasonic’s data platforms, but allows passengers to use their personal electronic devices as a second screen. Volume 8 / Issue 2 / March/April 2017 Contents 04 59 84 Viewpoint Supplier profile Operator profile And the winner is... Forged by experience A better way to fly Alexander Preston looks ahead FTS is making a big mark on The celebrity appeal of South as the event season begins. the IFEC market. Africa’s Aeronexus. 06 29 63 89 News Content Show preview Supplier profile Industry headlines Flights of happiness Finding order in Messe Aural delights Recent events from the world of Maintaining mental and Some of the expected ALTO Aviation celebrates two IFEC and on-board technology. physical wellbeing on board. highlights from AIX Hamburg. decades. 36 W-IFE Going wireless Is the future of in-flight entertainment wireless? 14 42 69 93 Operator profile Show review Innovation Cabin interiors A nod to the future Up for discussion A crystal salute Innovation by design An expanding Alaska Airlines Highlights from Inflight ’s Middle Some of this year’s Crystal Recognising innovation in continues to innovate.
    [Show full text]
  • Travel Jeopardy
    NORTH AMERICAN AIRPORT CODES SAFETY & SECURITY TRAVEL ACRONYMS AIRPORTS TAILS AIRLINE CONTRACTS Airline Contracts $100 $100 $100 $100 $100 $100 $200 $200 $200 $200 $200 $200 $300 $300 $300 $300 $300 $300 $400 $400 $400 $400 $400 $400 $500 $500 $500 $500 $500 $500 SFO What is San Francisco DAL What is Dallas-Love Field YVR GDL MFE Of the below categories, this one triggers more calls to corporate security departments than any other • Bombings • Slips/Trips/Falls • Active shooter What is Slips/Trips/Falls An organization’s obligation to provide a safe work environment extends to hotels, airlines, ground transportation providers and public transportation (T or F) Term to describe an organization’s obligation to do everything reasonably practical to protect the health and safety of employees These departments or functional areas of an organization are responsible for traveler safety One of three concepts of risk management you should incorporate into your travel policy, according to GBTA What is Destination Management Company This Midwestern airport is named for the man who is considered the father of the US Air Force Appleton International Airport’s (ATW) name prior to August 2015 What is Washington, DC Dulles (Sec of State 1953- 1959) With 33,531 acres (52.4 sq miles), this is the largest airport, by land area, in the US What is DEN (Denver, CO) What is United Airlines What is Qantas Airways What is Southwest Airlines What is Cathay Pacific What is Turkish Airlines This category of airline revenue includes such non-ticketed sources as bag
    [Show full text]
  • 1972 1944 1945 1951 1950S 1969 1990S 2008 1980S
    Our heritage. 1950s 1990s GOLDEN EAGLE TECHNOLOGICAL FIRSTS 1932 Alaska’s fleet is graced with the Golden Eagle Alaska is the first airline to sell tickets 2016 MCGEE AIRWAYS tail emblem. Pilots and flight attendants to this day via the Internet. Alaska continues to NEW LOOK Linious “Mac” McGee wear wing pins adorned with the Golden Eagle. build a reputation for innovation, from Growth, route launches a one-plane cutting-edge GPS navigation systems to expansion and a focus airline in the Alaska its award-winning mobile app; from on caring service lead Territory, serving self-check baggage service to recent to a fresh new look for miners, trappers and experiments with using fingerprint ID the airline that includes adventurers. 1972 for checking in. our aircraft, airports, SPIRIT OF ALASKA uniforms, digital A new paint scheme representing the channels, Mileage Plan, spirit of The Last Frontier state emerges, credit card and much honoring Alaska’s Russian heritage, the 2008 more. 1951 gold rush era, Native tradi­­tions and the RATED TOPS SPREADING WINGS people of the far north. The blue Eskimo Alaska earns the first of eight consecutive J.D. Alaska flyers finally enjoy scheduled service face debuts on the tails of some of the Power awards ranking it “Highest in Customer south when Alaska is granted routes that airline’s 727s. Four years later, a new Satisfaction Among Traditional Network incorporate Seattle and Portland. attitude toward customer service Carriers.” Also, FlightStats Inc. recognized Alaska prompts the Eskimo to smile. recently as the No. 1 North American carrier for on-time performance for the sixth year in a row.
    [Show full text]
  • Alaska-Washington Connection 2012
    !+ 7! #/..%#4)/.EXPLORING THE ALASKA-WASHINGTON CONNECTION. 2012 goinside :: AFF builds new freight facility in Alaska :: Diverse transportation sector spurs trade :: King Tut exhibit tops Seattle attractions The Alaska-Washington Connection 3 Aspen Hotels DAILY, WEEKLY, AND MONTHLY RATES Stay with us – you will be glad you did! “You will LOVE our rooms!” ASPEN SUITES HOTEL Juneau t Soldotna t Kenai t Anchorage 1-866-GUEST4U (1-866-483-7848) www.aspenhotelsak.com 4 The Alaska-Washington Connection Alaska-Washington Connection CONTENTS Released Aug. 28, 2012 Alaska-Washington Connection is an annual publication of Business to Business Magazines, a division of Anchorage-based Petroleum Newspapers of Alaska LLC, which publishes the weekly newspaper Petroleum News, online at www.petroleumnews.com MARY MACK CHIEF FINANCIAL OFFICER CLINT LASLEY GENERAL MANAGER MARTI REEVE SPECIAL PUBLICATIONS DIRECTOR BONNIE YONKER BUSINESS TO BUSINESS 13 DIRECTOR OF MARKETING Cover: A Bowhead Transport Company barge loaded with cargo leaves the port of Seattle, Washington for its voyage north to the remote villages of TOM KEARNEY Arctic Alaska. Photo courtesy of Bowhead Transport Company, a subsidiary ġ PRODUCTION DIRECTOR of Ukpea vik Iñupiat Corporation (UIC). ROSE RAGSDALE EDITOR (CONTRACT) OVERVIEW STEVEN MERRITT COPY EDITOR 6 Making a Difference HEATHER YATES BOOKKEEPER IN BRIEF SHANE LASLEY 18 Alaska Airlines wins industry service award IT CHIEF 33 Fort Knox, Pogo match funds for center DEE CASHMAN CIRCULATION REPRESENTATIVE 34 Opti Staffing launches talent network FEATURES 7 Diverse sector keeps Alaska cargo moving To order additional copies of this magazine, email [email protected] Dynamic industry that supplies Alaska with consumer goods and construction materials adapts, grows with customers’ To advertise in the 2013 edition of this magazine, contact Bonnie Yonker changing needs at [email protected] or call her in Seattle at 425.483.9705.
    [Show full text]
  • Air Transport Pilot Supply and Demand Current State and Effects of Recent Legislation
    CHILDREN AND FAMILIES The RAND Corporation is a nonprofit institution that helps improve policy and EDUCATION AND THE ARTS decisionmaking through research and analysis. ENERGY AND ENVIRONMENT HEALTH AND HEALTH CARE This electronic document was made available from www.rand.org as a public service INFRASTRUCTURE AND of the RAND Corporation. TRANSPORTATION INTERNATIONAL AFFAIRS LAW AND BUSINESS Skip all front matter: Jump to Page 16 NATIONAL SECURITY POPULATION AND AGING PUBLIC SAFETY Support RAND SCIENCE AND TECHNOLOGY Browse Reports & Bookstore TERRORISM AND Make a charitable contribution HOMELAND SECURITY For More Information Visit RAND at www.rand.org Explore the Pardee RAND Graduate School View document details Limited Electronic Distribution Rights This document and trademark(s) contained herein are protected by law as indicated in a notice appearing later in this work. This electronic representation of RAND intellectual property is provided for non- commercial use only. Unauthorized posting of RAND electronic documents to a non-RAND website is prohibited. RAND electronic documents are protected under copyright law. Permission is required from RAND to reproduce, or reuse in another form, any of our research documents for commercial use. For information on reprint and linking permissions, please see RAND Permissions. This product is part of the Pardee RAND Graduate School (PRGS) dissertation series. PRGS dissertations are produced by graduate fellows of the Pardee RAND Graduate School, the world’s leading producer of Ph.D.’s in policy
    [Show full text]
  • 2011 Annual Report & 2012 Proxy Statement
    Today’s Alaska Airlines | 1990-today Horizon Air | 1981-today Jet America | 1981-1987 The Smiling Eskimo | 1976-1990 The Spirit of Alaska | 1973-1976 The Golden Samovar Era | 1969-1973 The Golden Nugget Era | 1966-1972 Alaska Coastal-Ellis | 1962 -1968 The Jet Age | 1961-today The Golden Eagle Era | 1955-1966 Collins Air Service | 1947-1950 CollinsC Air Service purchased by Alaska Airlines Alaska Island Airways | 1946-1951 AlaskaA Island Airways merged with Alaska Coastal The Starliner Era | 1945-1955 StStarliner Era Alaska Airlines Inc. | May 2, 1944 Alaska Star Airlines | 1942-1944 AlaskaA Star Airlines incorporated as Alaska Airlines Christensen Air Service | 1940-1952 ChristensenC Air Service merged with Cordova Airlines Alaska Coastal Airlines | 1939-1965 Petersburg Air Service | 1938-1946 Purchased and renamed Alaska Island Air Star Air Lines | 1937-1942 Starr Airlines Airlinen sbe becamecamec AlaskaAlaA s Star Airlines Ellis Air Lines | 1936-1965 Lavery Airways | 1936-1942 LaveryL Airways purchased by Alaska Star Airlines Marine Airways | 1936-1939 MarineMa Airways merged with Alaska Air Transport and became Alaska Coastal Cordova Airlines | 1934-1968 Mirow Air Service | 1934-1942 MirowM Air Service purchased by Alaska Star Airlines Alaska Air Transport | 1934-1939 AlaskaAla Air Transport merged with Marine Airways and became Alaska Coastal Al Jones Airways | 1933-1950 AlA Jones Airways purchased by Alaska Airlines in 1950 Pollack Flying Service | 1933-1942 PollackPoP Flying Service purchased by Alaska Star Airlines Star Air Service
    [Show full text]
  • Here Aspiring Pilots Are Well Prepared to Make the Critical Early Career and Lifestyle Choices Unique to the Aviation Industry
    April 2021 Aero Crew News Your Source for Pilot Hiring and More.. WHEN YOU HAVE THE RIGHT INSTRUMENTS, NAVIGATING RETIREMENT IS EASY. WATCH OUR RETIREMENT ROADMAP WEBINAR SERIES FOR PILOTS With more than 30 years serving the airline community, RAA is the trusted source to help you navigate your retirement. Get the guidance you need, starting with our six-part webinar series. Each session is a quick 30 minutes, and the information is invaluable. Learn more and register at raa.com/roadmap Aero Crew News Your Source for Pilot Hiring and More.. For every leg of your journey AeroCrewNews.com AeroCrewSolutions.com Jump to each section Below by clicking on the title or photo. contentsApril 2021 25 38 27 46 34 Also Featuring: Letter from the Publisher 8 Aviator Bulletins 11 Flying - I love Flying: An Inspirational Journal for Your Flying and Travel Adventures 32 Special Feature - COVID-19: Aviation Students’ Perspective 41 Knowledge Base - Encountering Loss of Cominucation 44 Mortgage - FHA Loan Programs 56 4 | Aero Crew News BACK TO CONTENTS the grid US Cargo US Charter US Major Airlines US Regional Airlines ABX Air Airshare Alaska Airlines Air Choice One Alaska Seaplanes GMJ Air Shuttle Allegiant Air Air Wisconsin Ameriflight Key Lime Air American Airlines Cape Air Atlas Air/Southern Air Omni Air International Delta Air Lines CommutAir FedEx Express Ravn Air Group Frontier Airlines Elite Airways iAero Airways XOJET Aviation Hawaiian Airlines Endeavor Air Kalitta Air JetBlue Airways Envoy Key Lime Air US Fractional Southwest Airlines ExpressJet Airlines UPS FlexJet Spirit Airlines GoJet Airlines NetJets Sun Country Airlines Grant Aviation US Cargo Regional PlaneSense United Airlines Horizon Air Empire Airlines Key Lime Air Mesa Airlines ‘Ohana by Hawaiian Piedmont Airlines PSA Airlines Republic Airways The Grid has moved online.
    [Show full text]
  • Robert Novell Year in Review 2012
    Robert Novell Year in Review 2012 Table of Contents 1. Alaska Airlines (Part One) ……………………………………………........3 2. Alaska Airlines (Part Two)………………………………...……………....11 3. Silver Wings…………………………………………………………..…....17 4. Martin P6M SeaMaster...……………………………………………………4 5. Aeromarine…………………………………………………………………25 6. Panagra……………………………………………………………………..34 7. Braniff and the SST…………………………………………………...……40 8. Antilles Air Boats…………………………………………………………..44 9. The World’s Oldest Operating Airline…………………………...…...……51 10. The Curtiss C-46…………………………………………………………..60 11. Wiley Post……………………………………………………………...….67 12. Otto and the Wright Brothers………………………………………...……72 2 Alaska Airlines Part One - March 2, 2012 “Robert Novell’s Third Dimension Blog” Good Morning---it is Friday and it is time to talk about Alaska Airlines. I hope everyone had a good week, you enjoyed the preview on Wednesday, and you did a little research on the Caspian Sea Monster which was an interesting, and lethal, concept developed by the Russian military. Today will be Part One of the series on Alaska Air and I will finish up next week so that you have everything you need to know without waiting too long for me to wrap it up. So, let’s talk about the beginnings of the airline we all know now as Alaska Airlines. Enjoy........... 3 Alaska Airlines - Part One The company that eventually became Alaska Air was founded in 1932 by Linious "Mac" McGee, a veteran of several failed business ventures who had traveled to Alaska in 1929 and set himself up as a fur buyer. In 1931, McGee and a pilot friend, Harvey W. Barnhill, purchased a used three-passenger Stinson prop plane in San Francisco and shipped it to Alaska for use on McGee's fur-buying forays.
    [Show full text]