Breeze Airways Announces Debut
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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. -
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. -
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. -
Daily Nonstop Flight Listing
July 2021 Airline City Mon Tue Wed Thu Fri Sat Sun Ops/Week Boutique Air Inc. Altoona, PA, US 2 2 2 2 2 1 2 13 Delta Air Lines Atlanta, GA, US 6 5 5 6 6 5 6 39 Southwest Airlines Atlanta, GA, US 1 1 1 1 1 1 1 7 Allegiant Air Austin, TX, US 1 0 0 0 1 0 0 2 Southwest Airlines Baltimore, MD, US 2 2 2 2 2 2 2 14 JetBlue Airways Boston, MA, US 2 2 1 2 2 1 2 12 Delta Air Lines Boston, MA, US 2 2 2 2 2 1 2 13 Southern Airways Express Bradford, PA, US 1 1 1 1 1 1 1 7 Spirit Airlines Cancun, MX 0 1 0 1 0 0 1 3 Southwest Airlines Cancun, MX 0 0 0 0 0 1 0 1 Allegiant Air Charleston, SC, US 1 0 0 1 1 1 1 5 Breeze Airways Charleston, SC, US 1 0 0 1 1 0 1 4 United Airlines Charleston, SC, US 0 0 1 0 1 0 1 3 American Airlines Charlotte-Douglas, NC, US 8 8 8 8 8 6 8 54 Southwest Airlines Chicago-Midway, IL, US 3 3 3 3 3 2 3 20 American Airlines Chicago-O'Hare, IL, US 6 5 6 6 6 5 6 40 United Airlines Chicago-O'Hare, IL, US 5 5 5 5 5 5 5 35 American Airlines Dallas/Fort Worth, TX, US 4 4 4 4 4 4 4 28 Southwest Airlines Dallas-Love, TX, US 0 0 0 0 0 0 1 1 Frontier Airlines Denver, CO, US 0 1 0 1 0 0 1 3 United Airlines Denver, CO, US 2 2 2 2 2 2 2 14 Southwest Airlines Denver, CO, US 2 2 2 2 2 1 1 12 Allegiant Air Destin-Ft Walton Beach, FL, US 0 0 1 0 0 1 0 2 Delta Air Lines Detroit, MI, US 5 4 4 5 5 4 5 32 Southern Airways Express DuBois, PA, US 3 3 3 3 3 2 2 19 Spirit Airlines Fort Lauderdale, FL, US 2 2 2 2 2 2 2 14 Southwest Airlines Fort Lauderdale, FL, US 1 1 1 1 1 3 1 9 Spirit Airlines Fort Myers, FL, US 0 1 0 1 0 0 1 3 Southwest Airlines Fort Myers, -
Jetblue Airways Corporation Notice of Annual Meeting Of
JETBLUE AIRWAYS CORPORATION 118-29 Queens Boulevard Forest Hills, New York 11375 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS To be held on May 9, 2007 To Our Stockholders: The Annual Meeting of Stockholders of JetBlue Airways Corporation (the ‘‘Company’’ or ‘‘JetBlue’’) will be held at the Company’s corporate headquarters located at 118-29 Queens Boulevard, Forest Hills, New York, on Wednesday, May 9, 2007, beginning at 10:00 a.m. EDT for the following purposes: to (1) elect four directors, each to serve for a three-year term expiring in 2010; to (2) ratify the appointment of the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2007; and to (3) transact such other business, if any, as may properly come before the annual meeting or any adjournments thereof. The Board of Directors has fixed the close of business on Friday, March 16, 2007, as the record date for the determination of stockholders entitled to notice of and to vote at the annual meeting and any adjournments thereof. IF YOU PLAN TO ATTEND: Please note that space limitations make it necessary to limit attendance to stockholders and one guest. Admission to the annual meeting will be on a first-come, first-served basis. Registration will begin at 9:00 a.m. Either an admission ticket or proof of ownership of JetBlue stock, as well as a form of government-issued photo identification, such as a driver’s license or passport, must be presented in order to be admitted to the annual meeting. If you are a stockholder of record, your admission ticket is attached to your proxy card. -
Redalyc.Engineering and Strategy: Returning to the Case of Southwest
Revista Escuela de Administración de Negocios ISSN: 0120-8160 [email protected] Universidad EAN Colombia Berrío Zapata, Cristian Engineering and strategy: returning to the case of southwest airlines, an analysis in production and technology management Revista Escuela de Administración de Negocios, núm. 73, julio-diciembre, 2012, pp. 209-217 Universidad EAN Bogóta, Colombia Available in: http://www.redalyc.org/articulo.oa?id=20625032013 How to cite Complete issue Scientific Information System More information about this article Network of Scientific Journals from Latin America, the Caribbean, Spain and Portugal Journal's homepage in redalyc.org Non-profit academic project, developed under the open access initiative Casos empresariales ENGINEERING AND STRATEGY: RETURNING TO THE CASE OF SOUTHWEST AIRLINES, AN ANALYSIS IN PRODUCTION AND TECHNOLOGY MANAGEMENT Cristian Berrío Zapata 1. INTRODUCTION ome company cases let us see what was a network that makes every part of it shake, when any done to produce business model innovation component is touched. This network, immersed into Sthat creates ruptures in the market, changing the environment evolution, is a complete systemic the rules of competition. One of these cases is the unit, where paradigm changes must be supported with story of Southwest Airlines (SWA). This article tries to operational actions so innovation becomes a living demonstrate that engineering operational excellence is force that changes competing profiles. This virtuous fruitless without a compatible moving in other conceptual cycle between thought and action, when successful axes like service, finances, administration and human in producing adaptative and innovative competing resources. The areas of a company are bounded into structures, revolves the markets and generates new rules for competition. -
Southwest Airlines Celebrates 15 Years of Denver Service Southwest First Launched Flights from Denver International Airport on Jan
DEN Media Contact Southwest Media Contact Emily Williams Initial or breaking media inquiries: +01 (214) 792-7675 or [email protected] [email protected] 24/hr. Media Line: 720-583-5758 Visit the Southwest Newsroom at swamedia.com FOR IMMEDIATE RELEASE Southwest Airlines Celebrates 15 Years of Denver Service Southwest first launched flights from Denver International Airport on Jan. 3, 2006 DENVER – January 4, 2021 – Southwest Airlines celebrates 15 years of serving Denver International Airport (DEN) in 2021. The carrier inaugurated service in the Mile High City on Jan. 3, 2006, with 13 daily departures to three destinations – Chicago-Midway (MDW), Las Vegas (LAS) and Phoenix (PHX). Today Denver is the largest operation in the Southwest network, averaging 174 departures a day in 2020 and connecting Denver nonstop to more than 70 destinations in 36 U.S. states and Mexico. “For 15 years Southwest has been a great partner and we’re so pleased the airline continues to grow in Denver, offering nonstop service to more than 70 destinations,” said DEN CEO Kim Day. “We are grateful for Southwest’s commitment to DEN and look forward to many more successful years, including the opening of 16 new Southwest gates on Concourse C-East in 2022.” During the past 15 years, Southwest has carried more than 175 million passengers through DEN. Notably, Southwest is the largest carrier of domestic origination and destination (O&D) traffic in Denver. In 2020 alone, Southwest expanded its connectivity to Denver with the addition of seven new routes, including winter season service three times daily between Denver and both Steamboat Springs/Hayden and Montrose that began Dec. -
Biz Tips: Know Your End-Game Sunday, October 31, 2004 by Art Hill
BIZTIPS - October 31, 2004 Biz Tips: Know Your End-Game Sunday, October 31, 2004 By Art Hill Like the world champion Red Sox, you need a clear objective for your business when you start the season. You might not be setting out to win your first World Series in 86 years, but knowing your business objective can be just as important. Remember to “begin with the end in mind.” Whether your business is just forming or has sustained your family for generations, you need to think about your last day in business as well as your first. Take Morris Air for example. In 1984, David Neeleman and June Morris, then travel agency execs, started a modest charter airline in Salt Lake City. Some airlines had brightly painted planes and slogans like “Your Top Banana to Reno.” Others adopted a slightly older sales technique and cut flight attendant uniforms to fit the miniskirt craze. Neeleman and Morris were a bit more creative. They offered discount fares to undermine traditional (expensive) airlines in a city with explosive growth and an ideal location for popular west coast destinations. But the key to their long range success was their end-game plan. Using only Boeing 737 aircraft and adopting the highly successful “no frills” approach of Southwest Airlines, they built a company designed to be sold. In 1994 Southwest purchased its little look-alike for the tidy sum of $129 million. Morris Air had begun with the end in mind and ended on a note of stunning success. Not all businesses achieve the goals of their owners. -
Flight-Schedule-Template
TAMPA INTERNATIONAL AIRPORT Arriving Flight Schedule Arrivals by City - July 2015 Departure Arrival Cities Served Airline Aircraft Flight No. Miles Seats Days Time Time Akron Southwest Airlines 73W 4531 0950 1210 894 143 1234567 Akron Southwest Airlines 73W 1108 1330 1545 894 143 .....6. Albany Southwest Airlines 73W 3650 0705 1005 1,130 143 12345.7 Albany Southwest Airlines 73W 4553 1305 1605 1,130 143 .....6. Atlanta Delta Air Lines M88 1572 0730 0850 406 149 ......7 Atlanta Delta Air Lines M90 1572 0730 0850 406 160 .2..... Atlanta Delta Air Lines 757 1572 0730 0850 406 183 1.345.. Atlanta Delta Air Lines M90 1472 0835 0956 406 160 .....6. Atlanta Delta Air Lines M88 1472 0835 0958 406 149 12345.7 Atlanta Delta Air Lines 757 1891 0925 1050 406 183 ...4... Atlanta Delta Air Lines M90 1891 0935 1059 406 160 .....6. Atlanta Delta Air Lines M90 1891 0935 1100 406 160 123.5.7 Atlanta Delta Air Lines M90 2091 1035 1200 406 160 1234567 Atlanta Delta Air Lines M88 1373 1135 1258 406 149 ...4... Atlanta Delta Air Lines 320 1373 1135 1258 406 150 123.5.7 Atlanta Delta Air Lines 320 1373 1140 1302 406 150 .....6. Atlanta Delta Air Lines 738 2330 1225 1350 406 160 .....6. Atlanta Delta Air Lines 757 2330 1225 1350 406 183 12345.7 Atlanta Delta Air Lines M88 2372 1335 1502 406 149 .....6. Atlanta Delta Air Lines M88 2372 1335 1504 406 149 12345.7 Atlanta Delta Air Lines M90 2172 1430 1602 406 160 12345.7 Atlanta Delta Air Lines M90 950 1530 1703 406 160 .....6. -
A Case Analysis of the Jetblue Airways Valentine’S Day 2007 Crisis
REGAINING ALTITUDE: A CASE ANALYSIS OF THE JETBLUE AIRWAYS VALENTINE’S DAY 2007 CRISIS Gregory G. Efthimiou A thesis submitted to the faculty of the University of North Carolina at Chapel Hill in partial fulfillment of the requirements for the degree of Master of Arts in Mass Communication in The School of Journalism and Mass Communication. Chapel Hill 2008 Approved by: Elizabeth Dougall Janas Sinclair Richard Blackburn i © 2008 Gregory G. Efthimiou ALL RIGHTS RESERVED ii ABSTRACT GREGORY EFTHIMIOU: Regaining Altitude: A Case Analysis of the JetBlue Airways Valentine’s Day 2007 Crisis (Under the direction of Elizabeth Dougall, Janas Sinclair, Richard Blackburn) Valentine’s Day 2007 changed the course of history for JetBlue Airways. The upstart low-fare airline – which had enjoyed unprecedented acclaim from customers and industry observers since its launch in 2000 – suddenly found itself in the midst of a major operational catastrophe. A winter storm that enveloped the New York metropolitan region and JetBlue’s hub at John F. Kennedy International Airport left hundreds of the company’s passengers stranded aboard planes on the tarmac, some for as many as ten hours. Hundreds more waited in vain in the terminal for flights that the airline would eventually cancel. The flight disruptions at JFK plunged JetBlue’s entire operation into chaos, forcing the carrier to cancel more than one thousand flights over a six day period. This thesis project describes the corporate crisis communication measures implemented by JetBlue Airways to repair its reputation. iii ACKNOWLEDGMENTS The author would like to extend his heartfelt gratitude to the members of his thesis project committee for their involvement and encouragement. -
Breeze Airways Announce New Service at MSY - Louis Armstrong New Orleans Airport COVID-19 Updates: Click Here for Updates to Airport Operations
7/7/2021 New Orleans City, Airport Officials and Breeze Airways Announce New Service at MSY - Louis Armstrong New Orleans Airport COVID-19 Updates: Click here for updates to airport operations. Local Weather 82° Search New Orleans City, Airport Of{cials and Breeze Airways Announce New Service at MSY May 20, 2021 | Press Release NEW ORLEANS – Mayor LaToya Cantrell, the City of New Orleans and the Louis Armstrong New Orleans International Airport (MSY), in partnership with Gov. John Bel Edwards, announced today that Breeze Airways, the new “Seriously Nice” U.S. carrier from JetBlue founder David Neeleman, will launch service in New Orleans to 10 destinations this July with MSY serving as an operations base for the airline. The 10 cities Breeze will launch service to include: Charleston, SC (starting July 8); Akron/Canton, OH (July 15); Bentonville/Fayetteville, AR (July 15); Huntsville, AL (July 15); Louisville, KY (July 15); Norfolk, VA (July 15); Oklahoma, OK (July 15); https://flymsy.com/new-orleans-city-airport-officials-and-breeze-airways-announce-new-service-at-msy/ 1/7 7/7/2021 New Orleans City, Airport Officials and Breeze Airways Announce New Service at MSY - Louis Armstrong New Orleans Airport RCicOhVmIoDn-d19, VA U (Jpdateuly 15);s T:u Clslaic, Ok Kh (eJurely f1o5r) ; uapdatend Colusm tobu sai, OrpoH (Jrutl yo 1pe6)r. atiWitohns. the exception of Louisville, KY and Columbus, OH—which are currently underserved, all are new destinations for MSY. “Our recovery from the COVID-19 pandemic is putting New Orleans on the best track to be one of the safest places to live and visit,” said Mayor Cantrell. -
U.S. Start-Up Airline “Moxy” Confirms Order for 60 Airbus A220-300S
“Moxy”, la nueva línea aérea de EE UU, confirma el pedido de 60 Airbus A220-300 #A220 #Airbus La aerolínea de bajo coste elige el nuevo modelo de Airbus para aumentar su eficiencia operativa y el confort de los pasajeros Toulouse, 3 de enero de 2019 – La nueva línea aérea estadounidense de bajo coste que se ha denominado “Moxy” ha realizado un pedido en firme a Airbus para la compra de 60 aviones A220-300. La aerolínea Moxy es una nueva iniciativa liderada por David Neeleman, uno de los emprendedores más innovadores de la industria y fundador de JetBlue Airways. Además de JetBlue, Neeleman también fundó Azul Brazilian Airlines y es el principal inversor para el redespliegue de TAP Air Portugal. Los planes de la línea aérea de bajo coste Moxi se presentaron en julio en el Salón Aeronáutico Internacional de Farnborough. “El A220-300 es el avión adecuado para una nueva línea aérea que se va a centrar en el servicio y en la satisfacción de los pasajeros”, afirmó Neeleman. “El A220, con su bajo coste de operación y su espaciosa cabina, nos permitirá ofrecer a los pasajeros unas tarifas más reducidas y una experiencia de vuelo confortable y de alta calidad. Además, el A220 brinda unas posibilidades únicas para operar de forma rentable en mercados pequeños y no suficientemente atendidos, cubriendo gran variedad de distancias”, añadió. “Moxy tiene la mirada puesta en el futuro y no puedo imaginar un avión mejor que el A220 para su flota”, declaró Christian Scherer, Chief Commercial Officer de Airbus. “Creemos que el A220 es realmente el futuro de este segmento del mercado y los pasajeros sabrán reconocer desde el momento en que suban a bordo que están disfrutando de la mejor experiencia de nuestra industria”, especificó.