DOCSLIB.ORG

Southwest Airlines Co. (LUV) Investor Day

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Southwest Airlines Co. (LUV) Investor Day Corrected Transcript 23-Jun-2016 Southwest Airlines Co. (LUV) Investor Day Total Pages: 39 1-877-FACTSET www.callstreet.com Copyright © 2001-2016 FactSet CallStreet, LLC Southwest Airlines Co. (LUV) Corrected Transcript Investor Day 23-Jun-2016 CORPORATE PARTICIPANTS Marcy Brand Michael G. Van de Ven Managing Director-Investor Relations Chief Operating Officer & Executive Vice President Gary C. Kelly Randall E. Sloan Chairman, President & Chief Executive Officer Chief Information Officer & Senior Vice President Tammy Romo Andrew Watterson Chief Financial Officer & Executive Vice President Senior Vice President, Network and Revenue, Southwest Airlines Co. Robert E. Jordan Arthur Jeffery Lamb Chief Commercial Officer & Executive VP Executive Vice President-Corporate Services ................................................................................................................................................................................................................................ OTHER PARTICIPANTS Mike J. Linenberg Helane Becker Deutsche Bank Securities, Inc. Cowen & Co. LLC Andrew George Didora J. Yates Bank of America Merrill Lynch Credit Suisse Securities (USA) LLC (Broker) Matt Roberts Darryl Genovesi Raymond James & Associates, Inc. UBS Securities LLC Dan J. McKenzie Duane Pfennigwerth The Buckingham Research Group, Inc. Evercore Group LLC Jamie N. Baker Hunter K. Keay JPMorgan Securities LLC Wolfe Research LLC Joseph DeNardi Michael Wayne Derchin Stifel, Nicolaus & Co., Inc. CRT Capital Group LLC 2 1-877-FACTSET www.callstreet.com Copyright © 2001-2016 FactSet CallStreet, LLC Southwest Airlines Co. (LUV) Corrected Transcript Investor Day 23-Jun-2016 MANAGEMENT DISCUSSION SECTION Marcy Brand Managing Director-Investor Relations We are going to get started. Everyone, please continue to enjoy your lunch, but we're going to go ahead and get started with our presentations. I'd like to welcome all of our webcast listeners who are joining us today. I'll take this time to point out that today's presentations will include for ward-looking statements. Because these statements are based on the company's current intent, expectations and projections, they are not guarantees of future performance and a variety of factors could cause actual results to differ materially. Today's presentation will also include references to non-GAAP results. Therefore, please see the Investor Relation's section of southwest.com for further information regarding these forward -looking statements and for a reconciliation of non-GAAP results to GAAP results. I now have the pleasure of introducing our first speaker, our fearless leader, Mr. Gary Kelly. You all know Gary, but what you might not know is that he is celebrating a milestone of his 30th anniversary with Southwest Airlines this year. Gary has received numerous awards and recognitions over the years and he would not be very happy with me if I listed them all right now. But this year alone, Gary has been named as the 2016 inductee into the Texas Business Hall of Fame. He's also the recipient of the prestigious 2016 Tony Jannus Award. Under Gary's leadership, Southwest Airlines has grown to become the nation's largest airline and is a mainstay on Fortune's list of the Most Admired Companies in the World. So please help me welcome Mr. Gary Kelly. ................................................................................................................................................................................................................................ Gary C. Kelly Chairman, President & Chief Executive Officer Well, thank you, Marcy. I just want to extend my welcome to everybody. Thank you all for coming out today and it's a pleasure to be here with you. We're very pleased to be here with you as well. So, we have a couple of objectives for the afternoon. We want to give you an update on how things are going at Southwest, but also give you a briefing on our plans for the next several years in particular. Our primary focus for the last two years, 2015 and then the current year 2016, has been very much on the basics: sustain our profitability, we're very pleased with our profit levels; and a renewed focus on the hospitality of our customer service, the reliability of our operation, and we also have wonderful opportunities to continue growing the Southwest route network. We have a lot of fans out there who love Southwest Airlines, and we're just in that fortunate position where they would love to have more of us, so we want to manage that growth and we want to manage that in a very fundamental and stable way. Of course, we're very – again very pleased with the results that we're seeing from that so far. We've managed a tremendous amount of change for the five years ended 2014. One of the goals also that we've had for 2015 and 2016 is to allow our network, our systems, our people all time to mature and stabilize and I think with any company, there just comes a time where there's change fatigue. So we've had a strong desire to make sure that things stabilize and indeed they have. In the meantime, we've also been, in the background if you will, investing for the future and preparing for another surge of change that is coming for 2017. We have a new reservation system. We have a new international terminal that's un der construction where we will complete that and launch flights at Fort Lauderdale next year. We are prepared to fully retire all of the Classic 3 1-877-FACTSET www.callstreet.com Copyright © 2001-2016 FactSet CallStreet, LLC Southwest Airlines Co. (LUV) Corrected Transcript Investor Day 23-Jun-2016 aircraft and that next year will amount to Boeing 737-300s. All the Boeing 737-500s will be retired this year, by the way. And then, of course, prepare to launch the Boeing 737-8, which is the newest member of the 7 37 family from Boeing. So this morning, in particular, we want to update you on our fleet plans. We've got some new information on the most recent change that we've made in our Boeing delivery schedule. We have been very, very blessed to have a great partnership, great business relationship with the Boeing company for the entire 45 years of our existence and very, very pleased with the update that Tammy's going to provide you on our fleet this morning or this afternoon. We're also going to share with you the status of our reservation system project, biggest in our history. It's going very, very well and along with that, our plans for future releases and then, of course, I know what you're all very interested in, in addition to the status of that project is what you should expect in terms of functionality gains along with what I hope will prove to be conservative estimates of the values that we hope to der ive from this new technology. We're also going to give you an update on the various facilities and airport projects that we have across the country. We were talking at our table earlier about some of the constraints that we have in the United States for future aviation growth at airports, and we believe we've got a couple of cases on how we're going to address that. And then, of course, we're going to provide an update on the financial and operating trends in those plans as well. So, I'm really, really pleased with our 2015 performance and first half 2016 has been even better. We're enjoying another excellent year with very manageable growth, very strong demand. Fuel prices continue to be well below 2014 levels. We've modified our hedging program techniques for future years accordingly to take these lower prices into account. And the results of all the changes that we've made over the last five years, and lower fuel prices, of course, has been very strong margins, and is also putting us in a position where we can provide outstanding shareholder returns. So, if you go back five years, six years, we've made tremendous advances in a short period of time. We have – let's stop calling it All New Rapid Rewards, but our Rapid Rewards program, I just couldn't be mo re pleased with. That was launched five years ago, and we've seen tremendous value driven from that. The AirTran acquisition also was consummated five years ago. That's all fully completed in 3.5 years into 2014 and I feel that we've more than realized the synergies that we were expecting in 2010, when we were contemplating that acquisition. We launched the Boeing 737-800 in 2012. We have over 100 of those aircraft in our fleet today. And again, we've been very pleased with the results in terms of our ability to schedule it in the system and match demand to the larger seat gauge as well as our ability to operate an airplane that's just a little bit different than what we have been accustomed to. Of course, we've launched international service in 2014. It's about 3% of our capacity. So it's very modest and that is the way we want to continue to approach that expansion to make sure that we're doing – adding international routes in a very measured way, but we're very pleased with the operating performance of t hose routes as well as the commercial success of those routes. I did want to put in a big plug finally for fleet modernization, so that was the fifth strategic initiative that we've been focused on. I think that that perhaps is the one that may be, not the least understood, but may be perhaps the least appreciated. And we have really put our prosperity to work through the improvements that we've been able to make in our profitability and especially in modernizing the fleet.
Load more

Recommended publications
  • OTR Newsletter
    OFFICIAL NEWSLETTER OF TAMPA INTERNATIONAL AIRPORT FEBRUARY 2017 ontheRADAR ISSUE 8 History made on TPA’s rental car center IN THIS ISSUE THE EATERY NOW OPEN TPA opens six new concessions options on Airside F. AVIATION AWARD WINNER Southwest CEO Gary Kelly wins Tony Jannus Award. Dozens of contractors, elected officials, local dignitaries and HCAA employees joined together to sign the final steel EXPANSION MILESTONE beam connecting TPA’s people-mover station to the rental car center. All the concrete on the Sky- Connect’s guideway is in place. orkers on Tampa International WAirport’s expansion have placed the final beam connecting the Airport’s new people-mover station to the rental car center – a historic milestone two years in the making. TPA PHOTO CONTEST TPA has launched a weekly At a ceremony celebrating this “Topping photo contest on social media. Out,” HCAA Board members, Airport employees, contractors, lawmakers, local TPA BY THE dignitaries and hundreds of construction NUMBERS workers signed the all-white beam and watched as it was gently lifted into place. Workers sign the beam before the Topping Out. “For years to come, you’ll be able to say, ‘My name is on that beam,’” Airport More than 5,600 workers have logged CEO Joe Lopano said during the Jan. 2.3 million work hours on the rental car 17 celebration. “Hopefully, you’ll be center and 1.4-mile SkyConnect system driving by and you’ll be able to tell your that connects the rental car center to the grandchildren that your name is on this Economy Garage and the Main Terminal.
    [Show full text]
  • Flight 2014: Celebrating 100 Years of Commercial Aviation
    Flight 2014: Celebrating 100 years of commercial aviation St. Petersburg - Tampa Airboat Line, 1914 Newspaper in Education The Tampa Bay Times Newspaper in Education (NIE) program is a cooperative effort between schools and the Times Publishing Co. to encourage the use of newspapers in print and electronic form as educational resources. Our educational resources fall into the category CELEBRATINGOF COMMERCIAL of informational text. AVIATION Since the mid-1970s, NIE has provided schools with class sets of the Times, plus our award-winning original curriculum, at no 100 YEARS cost to teachers or schools. With ever-shrinking school budgets, the newspaper has become an invaluable tool to teachers. The Times and CITIES CONNECTED THRU FLIGHT DISTANCE TRAVELLED our NIE curriculum are rich educational resources, offering teachers an up-to-the-minute, living text and source for countless projects in 1914 1 JAN 1914 1 JAN 2014 virtually every content area. 2 Cities Connected Teachers, email [email protected] to become an NIE 30 km teacher. For information about how you can donate to NIE, call 800- 80,416,438 km 333-7505, ext. 8138 or visit tampabay.com/nie. Keep in the know about the Tampa Bay Times Newspaper in Education program by 2014 PASSENGERS following us on Twitter: twitter.com/TBTimesNIE. 40,000 Cities Connected Teachers, you can order additional copies of this publication by 1 JAN 1914 1 JAN 2014 emailing [email protected]. 1 8,547,945 Newspaper in Education staff Jodi Pushkin, manager, [email protected] Sue Bedry, development specialist, [email protected] © Tampa Bay Times 2014 Credits In an average year, the airline industry carries Researched & written by Sue Bedry, Times staff The airline industry supports Educational activites by Jodi Pushkin, Times staff 3 BILLION PEOPLE + If aviation were 50 MILLION TONS OF CARGO, a country it Designed by Stacy Rector, Fluid Graphic Design, LLC which is the equivalent of would rank Cover photos clockwise from top: Boeing; SpaceX; Boeing; St.
    [Show full text]
  • Tony Jannus Award Tony Jannus Award for Extraordinary Accomplishments in the Field of Commercial Aviation, To: Friday, Jan
    RD 53 On behalf of the Tony Jannus Distinguished Aviation Society, you are cordially invited to join us in presenting the 2016 Tony Jannus Award Tony Jannus Award for extraordinary accomplishments in the field of commercial aviation, to: Friday, Jan. 13, 2017 Gary C. Kelly Chairman of the Board, President & Chief Executive Officer ary Kelly serves as the Chairman of the Board, President, and Chief Executive Officer at Southwest GAirlines. Under Gary’s leadership, Southwest has grown to become the nation’s largest airline in terms of originating domestic passengers carried and is a mainstay on Fortune magazine’s list of the most admired companies in the world, ranking seventh in 2015. Gary has pioneered the airline’s transformation through several key initiatives, including the acquisition of AirTran Airways, the repeal of the Wright Amendment, and the launch of international destinations for the first time in Southwest’s history Gary is a 30-year Southwest veteran who began his career at Southwest Airlines as Controller, moving up to Chief Financial Officer and Vice President Finance, then Executive Vice President and CFO, before being promoted to CEO and Vice Chairman in July 2004. Gary assumed the roles of Chairman and President in 2008. Gary has received numerous awards and recognitions over the years, including being named to Fortune magazine’s list of the Top 20 People in Business in 2014. Gary was twice named D CEO Magazine’s CEO Gary C. Kelly of the Year; Gary has been named one of the best CEOs in America by Institutional Investor magazine three times; and Gary was selected as Dallas Business Journal’s CEO of the year for 2011.
    [Show full text]
  • M. K. Kanimozhi
    M. K. Kanimozhi From Wikipedia, the free encyclopedia "Kanimozhi" redirects here. For the 2010 Tamil film, see Kanimozhi (film). Kanimozhi Karunanidhi M. K. Kanimozhi Member of Parliament (Rajya Sabha) (Currently holds this position.) Personal details Born 1 January 1968 (age 43) Chennai, India Political party DMK Spouse(s) Athiban Bose(1989-1997)[1] G. Aravindan (1997-Present) Children 1 son Residence Chennai Religion Hindu In this Indian name, the name Karunanidhi is a patronymic, not a family name, and the person should be referred to by the given name, Kanimozhi. Kanimozhi Karunanidhi (Tamil: க஦ிம ொழி க쏁ணொ஥ிதி) (born 1968 in Chennai), a politician, poet and journalist. She is a Member of Parliament, representing Tamil Nadu in theRajya Sabha (the upper house of India's Parliament).[2] Kanimozhi is the daughter of the former Chief Minister of Tamil Nadu Karunanidhi and his third wife, Rajathi Ammal. Kanimozhi belongs to the South Indian Dravida Munnetra Kazhagam (DMK) political party, where she functions as the chief of the DMK’s wing for Art, Literature and Rationalism, and is seen as her father's "literary heir".[3] Her half-brothers M.K. Azhagiri and M. K. Stalin are the Minister of Chemicals and Fertilizers and the Former Deputy Chief Minister of Tamil Nadu respectively. On 20 May 2011 Kanimozhi Karunanidhi was arrested and sent to Tihar Prisons in India after her bail plea was rejected in the 2G spectrum scam case, in which she is alleged to be co-conspirator.[4] Contents [hide] 1 Early life 2 Interests o 2.1 Job Fairs o 2.2 Literary works 3 Singing career 4 Personal life 5 Controversy, Scams and Allegations o 5.1 2G spectrum controversy 6 See also 7 References [edit]Early life Before her entry into politics, Kanimozhi was involved in various instances of journalism, such as sub editor for The Hindu, editor in charge ofKungumam (a Tamil weekly magazine belonging to the Sun group), and a features editor for a Singapore based Tamil newspaper called Tamil Murasu.[3] Kanimozhi also claims to have written Tamil poetry and penned 87 Tamil film songs .
    [Show full text]
  • SOUTHWEST AIRLINES “Without Heart, It’S Just a Machine”1
    SOUTHWEST AIRLINES “Without heart, It’s just a machine”1 INTRODUCTION As introduction, we would like to point out our motivation when choosing this research, the working hypothesis, the methodology and the difficulties we have found while analysing the company. Our main goal is to learn how to succeed in the business world, as Jean Jacques Rousseau said: ''Youth is the time to study wisdom; old age is the time to practice it''. With this in mind, asked ourselves: how can a company succeed even when there are external factors that threat their business model? Once we knew where we wanted to go, we began the search for a company that fixed perfectly with our idea of work. After searching for a while, we finally found it: Southwest Airlines, a prestigious American low cost aviation company, that, thanks to its internal policies and its management team, has been the only US profitable airline even during the oil crisis of the nineties and the 9/11, maintaining its customer’s service level and outstanding quality. When studying the Company, we struggled while having to select the right information in order to make an appropriate analysis, due to the fact that the Business is not Spanish. Because of its internationality, we could not find the material in the regular data base that we are used to, which made the research a lot harder that it would have been. In addition, we thought it could be very interesting to do our project in English, since the Company is American. However, that implicated more effort, but we do not regret it at all.
    [Show full text]
  • Indigo and Air India-- on Wednesday Announced
    1 Revue de presse février 2020 The only two Indian carriers that fly to China -- IndiGo and Air India-- on Wednesday announced suspension of most of their flights to that country, while India has requested China for permission to operate two flights to bring back its nationals from Hubei province which has been sealed after the deadly coronavirus outbreak. A fresh travel advisory asking people to refrain from travelling to China has been issued by the Union government which has ramped up screening across airports, ports and borders, as the virus spread to at least 17 countries. No case of the novel coronavirus has been detected in India, though hundreds of people remain under observation in many states including as many as 806 in Kerala, according to officials. With several airlines based in Asia, North America and Europe restricting operations to the region, the Indian carriers too followed suit. The country's largest airline IndiGo said it has suspended its flights on Bengaluru-Hong Kong route from February 1 and on the Delhi-Chengdu route from February 1 to 20. Similarly, state-run Air India is suspending its flights on Delhi-Shanghai route from January 31 to February 14 and reducing the frequency on Delhi-Hong Kong route to thrice-weekly only in the same time period. IndiGo will, for now, continue to operate the Kolkata-Guangzhou flight which it is "monitoring on a daily basis". The crew of the two airlines working on flights connecting India with South East Asian countries have been asked to wear N95 masks on ground and take other precautions like not visiting public places.
    [Show full text]
  • 1338 Extensions of Remarks
    1338 CONGRESSIONAL RECORD- SENATE January·26, 1965 i£ ' EXTENSIONS OF REMARKS Ukrainian Independence .Day freedom in saluting the Ukrainian na­ lost a devoted and distinguished public tion, and adding my hopes that the day servant; good causes have lost a notable EXTENSION OF REMARKS will come when that nation will again be and faithflll champion; and a host of 0., free to celebrate a new independence friends have lost a friend they shall day. never forget. HON. WILLIAM B. WIDNALL Mrs. Pepper and I join all Floridians and his fellow Americans in mourning OJ' NEW JERSEY 1 IN THE HOUSE OF REPRESENTATIVES Tribute to Mr. J~ Edwin Larson the passing of this dedicated man who gave inspiration to all in the public serv­ Tuesday, January 26, 1965 EXTENSION OF REMARKS ice of Florida and who contributed so Mr. WIDNALL. Mr. Speaker, on OF much to making Florida the threshold January 22, all true Ukrainian patriots of space. marked the anniversary of the independ­ HON. CLAUDE PEPPER ence of their country, 47 years ago. Al­ OJ' FLORIDA though the Ukrainian Republic lasted but IN THE HOUSE OF REPRESENTATIVES Congressman Schmidhauser Urges a few short years from its inception in Tuesday, January 26, 1965 Strengthening of Agricultural Economy 1918, the memory of freedom from over 300 years of Russian rule is still fresh Mr. PEPPER. Mr. Speaker, on Sun­ today. day Florida was shocked by the passing EXTENSION OF REMARKS The Ukraine is the largest constituent of one of the State's most distinguished OJ' republic of the Soviet Union, with over and dedicated leaders, J.
    [Show full text]
  • Pan American Files at Richter Library
    ASM0341 PAN AMERICAN WORLD AIRWAYS, INC RECORDS CONTAINER LIST INSTRUCTIONS The Pan American World Airways, Inc. Records are organized into two accessions, with individual numbering systems. This means that there is a box 1 from Accession I, and a box 1 from Accession II. Be sure to note the accession number along with the box number in your requests. TABLE OF CONTENTS Pan American World Airways, Inc. Accession I (box 1 – 656)…………………………………………………. 2– 444 Pan American World Airways, Inc. Accession II (box 1 – 960)………………………………………………… 445 – 938 1 Special Collections, University of Miami Libraries ASM0341 Pan American World Airways, Inc. Records Container List Accession I (Brockway) Box Folder 1 1-5 First flight: General 1977-81 6 First flight: from San Francisco to Shanghai and Beijing via Tokyo 1981 7 First flight: (1986 not in box) 1982-83 8-13 First flight 1983-87 14 First Airbus flight: New York to Barbados 1984 15 Forty fifth Anniversary: First airmail passenger 1984 16 First day covers: China 1980-81 17 Proving flight to Beijing, China 1980 18 San Francisco/Los Angeles/Rio, and Johannesburg 1978 19 Special flight (charter) Boston Symphony/ Boston and Anchorage 1979 20 Survey flight to Canton, China from Hong Kong 1979 21 Round the World 1929 22 50th Anniversary Round the World Flight over the North and South Poles 1977 23 Houston/Mexico City added to Round the World flight 1978 24 Round the World Service: Mexico City/Houston/Washington/New York/London/Frankfurt 1978 25 Round the World flight: Film undated 26 Speed Records: Round the
    [Show full text]
  • This Was a Year of Heavy Lifts and Major Milestones at Tampa
    his was a year of heavy lifts and major milestones at Tampa International Airport. While Tconstruction crews made remarkable progress on the Airport’s historic $1 billion expansion, the Airport celebrated higher passenger numbers, new domestic and international routes and a year of ever-stronger revenue and finances. TPA celebrated a year of transformation while maintaining its strong commitment to passenger experience and closed out a busy 2016 ranked again among the best airports in North America. Check out a year of growth and change at America’s favorite airport! /////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// //EXECUTIVE MESSAGE from Chairman, Robert Watkins This has been a year of phenomenal growth for the Airport. Revenues exceeded $200 million for the second year in a row. Meanwhile, nearly two dozen new concessions opened this year, and we’ve made significant progress on our expansion, with the consolidated rental car center and people-mover guideway taking shape and much of the terminal expansion completed. This $1 billion project not only is changing the face of the Airport, but is supporting local businesses and creating jobs. More than 95 percent of the nearly 400 contractors and subcontractors on the job are based in Florida or have offices in the state, and when construction was at its peak, nearly 2,000 workers were busy on Airport construction sites. The Airport’s concessions overhaul means local businesses will sell their products in Airport shops, and locally-owned restaurants will offer a taste of Tampa Bay for years to come. This year the airport earned a double-A rating from Fitch Ratings, making it the fourth bond-rating agency to show that level of confidence in the Aviation Authority’s financial health.
    [Show full text]
  • Montana Business Quarterly, Winter 2013
    y ^ k ' f \ "*" I ‘^ ^ y ^ V .--^ F A J r \S i r A r ^ V - - m / Ml -*■ ml ^^m ’fjM K riP^kV ) ':«*V .^’.< tH ii£^i».v “ JM M KO^lMwffA. gi^ n?^ 02 ^ \aiB (Sgyi^ Inside: - Women's Employment & W a q e i^^^M B y V w ^:1'^ ^ A - Economic Summit 201 - Footprint of the Feds ■ ;v • • o, - Home-based Businesses - Health Care Navigators - MBQ Index \ BUREAU OF MESSAGE FROM BRER BUSINESS DIRECTOR PATRICK BARKEY E j ECONOMIC E l RESEARCH The Bureau of Business and Economic Research brings in the new year with the appointment of Bill Whitsitt as the new ABOUT THE BUREAU OF BUSINESS Executive in Residence and AND ECONOMIC RESEARCH visiting professor in Public Affairs Management. The Bureau of Business and Economic Research has Been providing information aBout Montana’s Whitsitt joins BBER after state and local economies for more than 50 years. a long and distinguished Housed on the campus of the University of career in public affairs Montana-Missoula, the Bureau is the research and and government relations public service'branch of the School of Business on the exploration and Administration. On an ongoing Basis, the Bureau production side of analyzes local, state, and national economies; the oil and gas industry. He served most recently as executive provides annual income, employment, and population vice president for public affairs at Devon Energy Corporation forecasts; conducts extensive research on forest of Oklahoma City, one of the largest U.S. exploration and products, manufacturing, health care, and Montana production companies. Kids Count; designs and conducts comprehensive His arrival is expected to have an immediate impact on the survey research at its on-site call center; presents BBER’s new Natural Resources and Energy Research Program.
    [Show full text]
  • American Airlines Congratulates Capt. Chesley “Sully” Sullenberger
    NEWS RELEASE American Airlines Congratulates Capt. Chesley “Sully” Sullenberger 12/14/2018 FORT WORTH, Texas — American Airlines congratulates Capt. Chesley “Sully” Sullenberger for receiving the 2018 Tony Jannus Award. Capt. Sullenberger accepted the award last night at the Tony Jannus Distinguished Aviation Society banquet in Tampa, Florida. “The entire American Airlines family congratulates Capt. Sullenberger for receiving the 2018 Tony Jannus Award,” said American’s Chairman and CEO Doug Parker. “US Airways Flight 1549 was known as the ‘Miracle on the Hudson,’ but behind that miracle was great skill and professionalism produced by years of training and experience. The quick thinking and heroic actions of Capt. Sullenberger and his crew saved the lives of the 150 passengers onboard the aircraft that cold January day nearly 10 years ago. “The event made an indelible impact on the lives of many, and we thank Capt. Sullenberger for the bravery he demonstrated that day and for his dedication to the airlines that came together to form today’s American.” Parker, who was the recipient of the 2017 Tony Jannus Award, presented the award to Capt. Sullenberger. A group of American Airlines team members was also on hand to help celebrate the outstanding achievements of Capt. Sullenberger and the rest of the Flight 1549 crew — First Ocer Je Skiles and Flight Attendants Sheila Dail, Donna Dent and Doreen Welsh. Given annually by the Tony Jannus Distinguished Aviation Society, the Tony Jannus Award recognizes outstanding contributions to the growth and improvement of commercial aviation. The award is named for the pilot of the rst scheduled commercial ight on New Year’s Day in 1914 between St.
    [Show full text]
  • Daily 23 Mar 07
    Online National Sales Executive, Sydney U L>i>`iÀ iÌiV }Þ U ,iÜ>À`}LiÛÀiÌ Travel DailyAU U «iÌÌÛiÃ>>ÀÞ³ First with the news }iiÀÕÃVÃÃ Tue 02 Nov 10 Page 1 Ì>VÌ Sally Frape >Ì TMS [email protected] EDITORS: Bruce Piper and Guy Dundas /\02 9231 6444 E-mail: [email protected] Ph: 1300 799 220 ACCC: QF’s NZ intentions THE Australian Competition and deployment of Jetstar, including Consumer Commission has asked the factors taken into account the Qantas Group to outline the when deciding to boost JQ OFFICIAL TOUR OPERATOR rationale for its trans-Tasman capacity on a route. Jetstar services, saying that a key Queries include why Jetstar has issue in the ACCC deliberations not been deployed on routes to about the proposed Virgin Blue/ and from Wellington, and factors Air NZ alliance is the “impact of involving the commencement of Jetstar on competition in the JQ operations on AKL-MEL, AKL- trans-Tasman market”. CNS, AKL-OOL and AKL-SYD routes. Earn points on In a letter to Qantas, ACCC exec And the ACCC also wants to Australian Open * Darrell Channing asks the carrier know why Qantas flights were Melbourne Park, Melbourne AIR AND LAND 18 searching questions about the reduced on BNE-CHC, CHC-MEL 17-30 January 2011 and CHC-SYD when Jetstar began [email protected] with all 1800 008 567 Join up, says AFTA operations on those routes. UK & Europe AFTA ceo Jayson Westbury has Qantas is also being asked to taken exception to people within specify the nature and timing of Earlybird bookings the travel industry who are not Jetstar’s expansion plans in the you make with AFTA members but continue to NZ domestic market, as well as QF criticise the organisation, plans to respond to a “possible slamming their “apathy and lack entry of Tiger Airways” into the of desire to belong”.
    [Show full text]