Actions Needed to Improve Airline Customer Service and Minimize Long, On-Board Delays
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Southwest Airlines 1996 Annual Report
1996 Annual Report TABLE OF CONTENTS Consolidated Highlights 2 Introduction 3 Letter to Shareholders 4 People and Planes 6 Southwest Spirit 8 THE Low Fare Airline 10 Productivity 12 Ontime Performance 14 Customer Satisfaction 16 Mintenance and Safety 18 What’s Next? 20 Financial Review 22 Management’s Discussion and Analysis 22 Consolidated Financial Statements 31 Report of Independent Auditors 49 Quarterly Financial Data 50 Common Stock Price Ranges and Dividends 50 Corporate Data 51 Directors and Officers 52 Ten Year Summary 55 CONSOLIDATED HIGHLIGHTS (DOLLARS IN THOUSANDS PERCENT EXCEPT PER SHARE AMOUNTS) 1996 1995 CHANGE Operating revenues $3,406,170 $2,872,751 18.6 Operating expenses $3,055,335 $2,559,220 19.4 Operating income $350,835 $313,531 11.9 Operating margin 10.3% 10.9% (0.6)pts. Net income $207,337 $182,626 13.5 Net margin 6.1% 6.4% (0.3)pts. Net income per common and common equivalent share $1.37 $1.23 11.4 Stockholders’ equity $1,648,312 $1,427,318 15.5 Return on average stockholders’ equity 13.5% 13.7% (0.2)pts. Debt as a percentage of invested capital 28.3% 31.7% (3.4)pts. Stockholders’ equity per common share outstanding $11.36 $9.91 14.6 Revenue passengers carried 49,621,504 44,785,573 10.8 Revenue passenger miles (RPMs)(000s) 27,083,483 23,327,804 16.1 Available seat miles (ASMs)(000s) 40,727,495 36,180,001 12.6 Passenger load factor 66.5% 64.5% 2.0 pts. Passenger revenue yield per RPM 12.07¢ 11.83¢ 2.0 Operating revenue yield per ASM 8.36¢ 7.94¢ 5.3 Operating expenses per ASM 7.50¢ 7.07¢ 6.1 Number of Employees at yearend 22,944 19,933 15.1 NET INCOME (in millions) $207 $179 $183 250 $154 200 $97 150 100 50 0 1992 1993 1994 1995 1996 2 NET INCOME PER SHARE $1.37 $1.22 $1.23 1.40 $1.05 1.20 1.00 $.68 0.80 0.60 0.40 0.20 0.00 1992 1993 1994 1995 1996 SOUTHWEST AIRLINES CO. -
Here Applicants and Recruiters Can • Read All the Magazine Issues of Aero Crew News
September 2016 Aero Crew News Your Source for Pilot Hiring Information and More... Contract Talks Moving Benefits Exclusive Hiring Briefing Aviator Bulletins Upgraded Training Facilities, Partnerships with Schools CPP, internship and more! Fitness Corner Calories in Your Drink, Beware You deserve your dream job. ExpressJet o ers everything that you’re looking for when starting your career. Make the smart choice for your future and fly with the best at ExpressJet. Great Pay o $37-40/hr first year pay o Guaranteed profit sharing program o Leading healthcare benefits Path to the Majors o United Career Path Program o JetBlue University and Advanced Gateways o More pilots hired by the majors each year than any other regional Industry-leading Training o ATP CTP o ered for free (always!) as part of paid training o In-house training tailored to each pilot gives you the best rate of success o Advanced Qualification Program (AQP) Learn more about why ExpressJet is the smart choice for your future at flysmartchoice.com Apply today at expressjet.com/apply You deserve your dream job. ExpressJet o ers everything that you’re looking for when starting your career. Make the smart choice for your future and fly with the best at ExpressJet. Great Pay o $37-40/hr first year pay o Guaranteed profit sharing program Aero Crew Solutions Launches New Website Aero Crew Solutions is proud to announce the complete • The ability for companies to publish their latest o Leading healthcare benefits redesign of our website. Our goal is to continue the job news on our website. -
United States Court of Appeals for the DISTRICT of COLUMBIA CIRCUIT
USCA Case #11-1018 Document #1351383 Filed: 01/06/2012 Page 1 of 12 United States Court of Appeals FOR THE DISTRICT OF COLUMBIA CIRCUIT Argued November 8, 2011 Decided January 6, 2012 No. 11-1018 REPUBLIC AIRLINE INC., PETITIONER v. UNITED STATES DEPARTMENT OF TRANSPORTATION, RESPONDENT On Petition for Review of an Order of the Department of Transportation Christopher T. Handman argued the cause for the petitioner. Robert E. Cohn, Patrick R. Rizzi and Dominic F. Perella were on brief. Timothy H. Goodman, Senior Trial Attorney, United States Department of Transportation, argued the cause for the respondent. Robert B. Nicholson and Finnuala K. Tessier, Attorneys, United States Department of Justice, Paul M. Geier, Assistant General Counsel for Litigation, and Peter J. Plocki, Deputy Assistant General Counsel for Litigation, were on brief. Joy Park, Trial Attorney, United States Department of Transportation, entered an appearance. USCA Case #11-1018 Document #1351383 Filed: 01/06/2012 Page 2 of 12 2 Before: HENDERSON, Circuit Judge, and WILLIAMS and RANDOLPH, Senior Circuit Judges. Opinion for the Court filed by Circuit Judge HENDERSON. KAREN LECRAFT HENDERSON, Circuit Judge: Republic Airline Inc. (Republic) challenges an order of the Department of Transportation (DOT) withdrawing two Republic “slot exemptions” at Ronald Reagan Washington National Airport (Reagan National) and reallocating those exemptions to Sun Country Airlines (Sun Country). In both an informal letter to Republic dated November 25, 2009 and its final order, DOT held that Republic’s parent company, Republic Airways Holdings, Inc. (Republic Holdings), engaged in an impermissible slot-exemption transfer with Midwest Airlines, Inc. (Midwest). -
David Neeleman
David Neeleman David Neeleman is that rarest of entrepreneurs, a man who has created and launched four successful, independent airlines, including the USA’s JetBlue and Morris Air, Canada’s WestJet and Brazil’s Azul. Azul, just seven years old, has already boarded tens of millions of customers. Born in Brazil while his father was Reuter’s São Paulo Bureau Chief, David has always had a deep love for the country. After his family moved to Utah while he was still a child, David would return to Brazil many times throughout his life. A dual citizen, David today relishes the dream before him to make flying cheaper and easier for Brazilians, giving access to air travel for many who have never experienced the opportunity before. Azul serves more than 100 destinations with an operating fleet of more than 140 aircraft, including Brazilian-built Embraer E-190 and E-195 jets, and ATR-72s. Just as JetBlue in the US before it, Azul is the first airline in Latin America to offer LiveTV inflight TV programming via satellite. It has been named Best Low Cost Airline in South America for the last five years at the Skytrax World Airline Awards. In June 2015, it was announced that the Gateway consortium, led by David, had won the bidding to acquire a stake in Portugal’s national carrier TAP. Gateway’s investment represents 50% of the airline. With the new investment, TAP is taking delivery of A330s and inaugurated new daily service from both Boston’s Logan airport and New York’s John F Kennedy International in June and July, respectively. -
Nevada-California, USA November 2014
Nevada-California, USA November 2014 While the end of 2014 was approaching, I still had about ten vacation days left. Therefore I decided to spent these on a spotting trip. I teamed up with fellow reader EC and we agreed that the south-western part of the United States would be a great place to visit. The chances of finding nice airplanes and good weather in this part of the world are rather high, even at the end of November. We decided to spend three days in Las Vegas and then drive to southern California, where we would spend almost a full week. The primary focus would be on photographing airliners and fire fighting aircraft, but some number crunching was done as well (although most logs below are not complete). Please note that all mm’s mentioned apply to a 1.5 crop factor camera and all aircraft are only noted once per airport. On the morning of Wednesday 19 November Eddy and I met at Schiphol at approximately 8 AM. There we learned that our flight to Houston was delayed for several hours. Fortunately United Airlines rebooked us on flight UA908 to Chicago. 19 November 2014 Schiphol EHAM G-FBEI Embraer 195LR Flybe LZ-FBE Airbus A320-200 Bulgaria Air N14121 Boeing 757-200 United Airlines N652UA Boeing 767-300ER United Airlines YU-APJ Airbus A319-100 Air Serbia A few planes were noted before boarding the 22-year-old Boeing 767. The flight to Chicago was uneventful in my opinion. However some other passengers complained about the cabin temperature and as a result all passengers received an 100 USD online voucher, to be spent on United Airlines flights with in the next year. -
Air Travel Consumer Report Is a Monthly Product of the Department of Transportation's Office of Aviation Enforcement and Proceedings
U.S. Department of Transportation Air Travel Consumer Report Issued: MARCH 2002 Includes data for the following periods: Flight Delays January 2002 12 Months Ending January 2002 Mishandled Baggage January 2002 Oversales 4th Quarter 2001 January-December 2001 Consumer Complaints January 2002 (Includes Disability Complaints) Office of Aviation Enforcement and Proceedings http://www.dot.gov/airconsumer/ TABLE OF CONTENTS Section Page Section Page INTRODUCTION ......................…2 Flight Delays Explanation ......................…3 Mishandled Baggage Table 1 ......................…4 Explanation ....................…..17 Overall Percentage of Reported Flight Ranking ....................…..18 Operations Arriving On Time, by Carrier Table 1A ......................…5 Oversales Overall Percentage of Reported Flight Explanation ....................…..19 Operations Arriving On Time and Carrier Rank, by Month, Quarter, and Data Base to Date Ranking--Quarter ....................…..20 Table 2 ......................…6 Ranking--YTD ....................…..21 Number of Reported Flight Arrivals and Per- centage Arriving On Time, by Carrier and Airport Consumer Complaints Table 3 ......................…8 Explanation ....................…..22 Percentage of All Carriers' Reported Flight Complaint Tables 1-5 ..............23 Operations Arriving On Time, by Airport and Summary, Complaint Categories, U.S. Airlines, Time of Day Incident Date, and Companies Other Than Table 4 .....................…9 U.S. Airlines Percentage of All Carriers' Reported Flight Rankings, -
Monthly Statistics Report
Monthly Statistics Report To: Tom Jones, Aviation Director; Tim O’Krongley, Deputy Director From: Brian Pratte, Air Service Administrator Copies: San Antonio Regional Stakeholders Subject: July 2016 Monthly Statistics Date: August 26, 2016 SUMMARY Calendar year-to-date (CYTD) traffic continued its growth, up 0.56%, representing a total of 5,003,408 total passengers. This represents the largest CYTD traffic on record through July, the first time the total passenger count has exceeded 5 million in the first seven months of the year. The San Antonio International Airport served 802,345 total passengers in July 2016, a slight decrease of (0.9%) when compared to July 2015. The decrease must be viewed in context. In July 2015, the General Conference of Seventh-day Adventist Church was held in San Antonio. This convention, one of the largest conventions to be held in San Antonio, brought an estimated 65,000 attendees. Approximately 60% (~78,000) of those conventioneers arrived and departed via air travel. If last year’s convention were excluded from the year over year comparison, total passengers would have increased approximately 8.7%. Domestic traffic for the month was up 0.5%, while international traffic experienced a decline of (17.5%). Again, context is important. The rate of decline in international passengers has decreased and is in line with the year-over-year reduction in capacity. In October 2015, Southwest Airlines opened their new international terminal at Houston Hobby Airport. In order to expand international service at Hobby, and to maximize the available slots into Mexico City (MEX), the SAT-MEX flight was negatively impacted and eliminated. -
Breeze Airways Announces Debut
UNDER STRICT EMBARGO UNTIL MAY 21, 2021 AT 8AM ET: Breeze Airways Announces Debut Service from 16 Cities including Tampa Bay, Charleston, Norfolk and New Orleans; 95% of New Breeze Routes are Without Existing Nonstop Service Today -- New “Low Fare, High Flex” Airline is David Neeleman’s Fifth Airline Start-up, 20 Years After JetBlue’s Launch -- Salt Lake City, UT (May 21, 2021) – Breeze Airways, the new “Seriously Nice” U.S. carrier from JetBlue founder David Neeleman, today unveiled its debut network, comprising 39 nonstop routes between 16 cities in the Southwest, Midwest, Southeast and Eastern US. The first flights will operate between Charleston, SC, Tampa, FL and Hartford, CT, starting May 27, with remaining destinations to be added each week through July 22, 2021. Flights are now on sale at www.flybreeze.com and the Breeze app, starting at just $39* one way. Breeze is Mr Neeleman’s fifth airline start-up, after JetBlue, Brazil’s Azul, Canada’s WestJet, and Utah-based Morris Air, which was later purchased by Southwest Airlines. Headquartered in Salt Lake City, UT, Breeze will focus most flights from four main airports: Tampa, FL; Charleston, SC; New Orleans, LA; and Norfolk, VA. Joined by an experienced team of industry veterans, Mr Neeleman set out to build an airline that offers a great experience, with low fares and high flexibility: “Together, we created Breeze as a new airline merging technology with kindness. Breeze provides nonstop service between underserved routes across the U.S. at affordable fares. A staggering 95 percent of Breeze routes currently have no airline serving them nonstop. -
Financial Statements for the Years Ended June 30, 2003 and 2002, Supplemental Schedules for the Year Ended June 30, 2003 and Independent Auditors' Report
State of Hawaii Department of Transportation - Airports Division (An Enterprise Fund of the State of Hawaii) Financial Statements for the Years Ended June 30, 2003 and 2002, Supplemental Schedules for the Year Ended June 30, 2003 and Independent Auditors' Report STATE OF HAWAII DEPARTMENT OF TRANSPORTATION - AIRPORTS DIVISION (An Enterprise Fund of the State Of Hawaii) TABLE OF CONTENTS JUNE 30, 2003 AND 2002 Page Independent Auditors' Report 1-2 Management's Discussion and Analysis 3-14 Financial Statements as of and for the Years Ended June 30, 2003 and 2002: Statements of Net Assets 15-17 Statements of Revenues, Expenses and Changes in Net Assets 18-19 Statements of Cash Flows 20-22 Notes to Financial Statements 23-44 Supplementary Information - Schedules as of and for the Year Ended June 30, 2003: 1 - Operating Revenues and Operating Expenses Other Than Depreciation 45 2 - Calculations of Net Revenues and Taxes and Debt Service Requirement 46-47 3 - Summary of Debt Service Requirements to Maturity 48 4 - Debt Service Requirements to Maturity - Airports System Revenue Bonds 49 5 - Debt Service Requirements to Maturity - General Obligation Bonds 50 6 - Airports System Charges - Fiscal Year 1995-97 Lease Extension 51-53 7 - Approved Maximum Revenue Landing Weights and Airport Landing Fees - Signatory Airlines 54 8 - Approved Maximum Revenue Landing Weights and Airport Landing Fees - Nonsignatory Airlines 55 Deloitte & Touche LLP Suite 1200 1132 Bishop Street Honolulu, Hawaii 96813· 2870 Tel: (808) 543-0700 Fax: (808) 526-0225 www.us.deloitte.com Deloitte &Touche INDEPENDENT AUDITORS' REPORT The Director Department of Transportation State of Hawaii: We have audited the statements of net assets of the Airports Division, Department ofTransportation, State of Hawaii (an enterprise fund of the State of Hawaii) (Airports Division) as of June 30, 2003 and 2002, and the related statements of revenues, expenses and changes in net assets, and of cash flows for the years then ended. -
Columbus Regional Airport Authority
COLUMBUS REGIONAL AIRPORT AUTHORITY - PORT COLUMBUS INTERNATIONAL AIRPORT TRAFFIC REPORT October, 2009 11/24/2009 Airline Enplaned Passengers Deplaned Passengers Enplaned Air Mail Deplaned Air Mail Enplaned Air Freight Deplaned Air Freight Landings Landed Weight Air Canada Jazz - Regional 1,385 1,432 0 0 0 0 75 2,548,600 Air Canada Jazz Totals 1,385 1,432 0 0 0 0 75 2,548,600 AirTran 16,896 16,563 0 0 0 0 186 20,832,000 AirTran Totals 16,896 16,563 0 0 0 0 186 20,832,000 American 13,482 13,047 10,256 13,744 0 75 120 14,950,000 American Connection - Chautauqua 0 0 0 0 0 0 0 0 American Eagle 22,258 22,818 0 0 2,497 3,373 550 24,434,872 American Totals 35,740 35,865 10,256 13,744 2,497 3,448 670 39,384,872 Continental 5,584 5,527 24,724 17,058 6,085 12,750 57 6,292,000 Continental Express - Chautauqua 4,469 4,675 0 0 477 0 110 4,679,500 Continental Express - Colgan 2,684 3,157 0 0 0 0 69 4,278,000 Continental Express - CommutAir 1,689 1,630 0 0 0 0 64 2,208,000 Continental Express - ExpressJet 3,821 3,334 0 0 459 1,550 100 4,122,600 Continental Totals 18,247 18,323 24,724 17,058 7,021 14,300 400 21,580,100 Delta 14,640 13,970 0 0 9,692 38,742 119 17,896,000 Delta Connection - Atlantic SE 2,088 2,557 0 1 369 2 37 2,685,800 Delta Connection - Chautauqua 13,857 13,820 0 0 0 0 359 15,275,091 Delta Connection - Comair 1,890 1,802 0 0 0 0 52 2,444,000 Delta Connection - Mesa/Freedom 0 0 0 0 0 0 0 0 Delta Connection - Pinnacle 0 0 0 0 0 0 0 0 Delta Connection - Shuttle America 4,267 4,013 0 0 0 0 73 5,471,861 Delta Connection - SkyWest 0 0 0 0 -
Bankruptcy Tilts Playing Field Frank Boroch, CFA 212 272-6335 [email protected]
Equity Research Airlines / Rated: Market Underweight September 15, 2005 Research Analyst(s): David Strine 212 272-7869 [email protected] Bankruptcy tilts playing field Frank Boroch, CFA 212 272-6335 [email protected] Key Points *** TWIN BANKRUPTCY FILINGS TILT PLAYING FIELD. NWAC and DAL filed for Chapter 11 protection yesterday, becoming the 20 and 21st airlines to do so since 2000. Now with 47% of industry capacity in bankruptcy, the playing field looks set to become even more lopsided pressuring non-bankrupt legacies to lower costs further and low cost carriers to reassess their shrinking CASM advantage. *** CAPACITY PULLBACK. Over the past 20 years, bankrupt carriers decreased capacity by 5-10% on avg in the year following their filing. If we assume DAL and NWAC shrink by 7.5% (the midpoint) in '06, our domestic industry ASM forecast goes from +2% y/y to flat, which could potentially be favorable for airline pricing (yields). *** NWAC AND DAL INTIMATE CAPACITY RESTRAINT. After their filing yesterday, NWAC's CEO indicated 4Q:05 capacity could decline 5-6% y/y, while Delta announced plans to accelerate its fleet simplification plan, removing four aircraft types by the end of 2006. *** BIGGEST BENEFICIARIES LIKELY TO BE LOW COST CARRIERS. NWAC and DAL account for roughly 26% of domestic capacity, which, if trimmed by 7.5% equates to a 2% pt reduction in industry capacity. We believe LCC-heavy routes are likely to see a disproportionate benefit from potential reductions at DAL and NWAC, with AAI, AWA, and JBLU in particular having an easier path for growth. -
U.S. Department of Transportation Federal
U.S. DEPARTMENT OF ORDER TRANSPORTATION JO 7340.2E FEDERAL AVIATION Effective Date: ADMINISTRATION July 24, 2014 Air Traffic Organization Policy Subject: Contractions Includes Change 1 dated 11/13/14 https://www.faa.gov/air_traffic/publications/atpubs/CNT/3-3.HTM A 3- Company Country Telephony Ltr AAA AVICON AVIATION CONSULTANTS & AGENTS PAKISTAN AAB ABELAG AVIATION BELGIUM ABG AAC ARMY AIR CORPS UNITED KINGDOM ARMYAIR AAD MANN AIR LTD (T/A AMBASSADOR) UNITED KINGDOM AMBASSADOR AAE EXPRESS AIR, INC. (PHOENIX, AZ) UNITED STATES ARIZONA AAF AIGLE AZUR FRANCE AIGLE AZUR AAG ATLANTIC FLIGHT TRAINING LTD. UNITED KINGDOM ATLANTIC AAH AEKO KULA, INC D/B/A ALOHA AIR CARGO (HONOLULU, UNITED STATES ALOHA HI) AAI AIR AURORA, INC. (SUGAR GROVE, IL) UNITED STATES BOREALIS AAJ ALFA AIRLINES CO., LTD SUDAN ALFA SUDAN AAK ALASKA ISLAND AIR, INC. (ANCHORAGE, AK) UNITED STATES ALASKA ISLAND AAL AMERICAN AIRLINES INC. UNITED STATES AMERICAN AAM AIM AIR REPUBLIC OF MOLDOVA AIM AIR AAN AMSTERDAM AIRLINES B.V. NETHERLANDS AMSTEL AAO ADMINISTRACION AERONAUTICA INTERNACIONAL, S.A. MEXICO AEROINTER DE C.V. AAP ARABASCO AIR SERVICES SAUDI ARABIA ARABASCO AAQ ASIA ATLANTIC AIRLINES CO., LTD THAILAND ASIA ATLANTIC AAR ASIANA AIRLINES REPUBLIC OF KOREA ASIANA AAS ASKARI AVIATION (PVT) LTD PAKISTAN AL-AAS AAT AIR CENTRAL ASIA KYRGYZSTAN AAU AEROPA S.R.L. ITALY AAV ASTRO AIR INTERNATIONAL, INC. PHILIPPINES ASTRO-PHIL AAW AFRICAN AIRLINES CORPORATION LIBYA AFRIQIYAH AAX ADVANCE AVIATION CO., LTD THAILAND ADVANCE AVIATION AAY ALLEGIANT AIR, INC. (FRESNO, CA) UNITED STATES ALLEGIANT AAZ AEOLUS AIR LIMITED GAMBIA AEOLUS ABA AERO-BETA GMBH & CO., STUTTGART GERMANY AEROBETA ABB AFRICAN BUSINESS AND TRANSPORTATIONS DEMOCRATIC REPUBLIC OF AFRICAN BUSINESS THE CONGO ABC ABC WORLD AIRWAYS GUIDE ABD AIR ATLANTA ICELANDIC ICELAND ATLANTA ABE ABAN AIR IRAN (ISLAMIC REPUBLIC ABAN OF) ABF SCANWINGS OY, FINLAND FINLAND SKYWINGS ABG ABAKAN-AVIA RUSSIAN FEDERATION ABAKAN-AVIA ABH HOKURIKU-KOUKUU CO., LTD JAPAN ABI ALBA-AIR AVIACION, S.L.