AirTran Pool Info
#12
accordingly to insight source!!
The Union had a big meeting with management and then a few days later had a conference call with the pilots.
Bottom line: There will be NO furloughs!
#14
Matt or anyone,
Here's a question. To me, Air Tran is a fairly young (age-wise) airline. Yes, I know there are still some cross-over Eastern types and Value-Jet types also...not going there with this thread. So here's the question...
Do you think many will apply for the leaves given the fact that many are young and on the less senior part of the payscale that forces them to work to makes ends meet.
I hope I explained myself, if it didnt come out clearly, let me know .
Thanks,
FF
Here's a question. To me, Air Tran is a fairly young (age-wise) airline. Yes, I know there are still some cross-over Eastern types and Value-Jet types also...not going there with this thread. So here's the question...
Do you think many will apply for the leaves given the fact that many are young and on the less senior part of the payscale that forces them to work to makes ends meet.
I hope I explained myself, if it didnt come out clearly, let me know .
Thanks,
FF
#15
AirTran Airways said second-quarter "yield growth has been slower" than expected "despite numerous fare increases," leading it to drop its unit revenue forecast to a year-over-year improvement of 1.5%-2% from April's prediction of 5%-6% (ATWOnline, April 23). It said in a filing with the US Securities and Exchange Commission that in "some" markets, "fares were increased too rapidly, which limited the company's ability to effectively manage close-in demand," resulting in an increased mix of lower-yield connecting traffic. It did say, however, that bookings for the third quarter are ahead of last year at higher fares and that unit revenue should surpass the first half. In addition, it now expects nonfuel CASM to fall 2%-2.5% year-over-year rather than 1%-1.5% owing to "improved efficiencies and solid operating performance."
It also announced an additional 5% capacity cut beginning in September on top of the reduction announced this spring. That cut will result in a 5% total reduction year-over-year and a 15% drop from its initial plans for late 2008. AirTran has sold two new 737-700s this quarter and said it has written agreements for the sale or disposal of an additional five unidentified aircraft this year. The capacity cut includes the cessation of services at New York Stewart. It now expects to operate 135-140 aircraft by year end, down from its original target of 147. It is "prepared to further reduce its fleet size" if conditions warrant.
It also announced an additional 5% capacity cut beginning in September on top of the reduction announced this spring. That cut will result in a 5% total reduction year-over-year and a 15% drop from its initial plans for late 2008. AirTran has sold two new 737-700s this quarter and said it has written agreements for the sale or disposal of an additional five unidentified aircraft this year. The capacity cut includes the cessation of services at New York Stewart. It now expects to operate 135-140 aircraft by year end, down from its original target of 147. It is "prepared to further reduce its fleet size" if conditions warrant.
#16
AirTran Airways said second-quarter "yield growth has been slower" than expected "despite numerous fare increases," leading it to drop its unit revenue forecast to a year-over-year improvement of 1.5%-2% from April's prediction of 5%-6% (ATWOnline, April 23). It said in a filing with the US Securities and Exchange Commission that in "some" markets, "fares were increased too rapidly, which limited the company's ability to effectively manage close-in demand," resulting in an increased mix of lower-yield connecting traffic. It did say, however, that bookings for the third quarter are ahead of last year at higher fares and that unit revenue should surpass the first half. In addition, it now expects nonfuel CASM to fall 2%-2.5% year-over-year rather than 1%-1.5% owing to "improved efficiencies and solid operating performance."
It also announced an additional 5% capacity cut beginning in September on top of the reduction announced this spring. That cut will result in a 5% total reduction year-over-year and a 15% drop from its initial plans for late 2008. AirTran has sold two new 737-700s this quarter and said it has written agreements for the sale or disposal of an additional five unidentified aircraft this year. The capacity cut includes the cessation of services at New York Stewart. It now expects to operate 135-140 aircraft by year end, down from its original target of 147. It is "prepared to further reduce its fleet size" if conditions warrant.
It also announced an additional 5% capacity cut beginning in September on top of the reduction announced this spring. That cut will result in a 5% total reduction year-over-year and a 15% drop from its initial plans for late 2008. AirTran has sold two new 737-700s this quarter and said it has written agreements for the sale or disposal of an additional five unidentified aircraft this year. The capacity cut includes the cessation of services at New York Stewart. It now expects to operate 135-140 aircraft by year end, down from its original target of 147. It is "prepared to further reduce its fleet size" if conditions warrant.
#17
Gets Weekends Off
Joined: Mar 2006
Posts: 3,333
Likes: 0
Damn it, I'm screwed...
#18
Gets Weekends Off
Joined: Mar 2006
Posts: 3,333
Likes: 0
A buddy just emailed me this article; Is there too much panic on these message boards? I don’t see anything in it implying furloughs at AT but rather a slower growth. Is that what y’all are seeing too?
Hoping for the very best for all Citrus drivers…
Wednesday, June 18, 2008 - 5:39 PM EDT
AirTran plans capacity cuts, will sell more planes
Baltimore Business Journal - by Scott Trubey Contributor
AirTran Airways CEO Robert L. Fornaro told investors Wednesday the low-cost airline will continue to cut capacity and costs as well as sell some aircraft in order to cope with the devastatingly high price of jet fuel.
In a speech at a Merrill Lynch Global Transportation Conference in New York, Fornaro said Orlando, Fla.-based AirTran (NYSE: AAI) will cut overall capacity by 5 percent, a 15 percentage point swing from projections last September which had the airline growing by double digits.
"At this point the faster we can adapt the quicker we can recover and return to profitability," Fornaro said.
AirTran, the second-largest carrier at Baltimore/Washington International Thurgood Marshall Airport, also will try to restore some liquidity by selling aircraft. AirTran sold two planes in April and has plans to sell additional jets by year's end.
"Our focus is on monetizing the value we have embedded in those airplanes," Fornaro said.
AirTran had planned to end the year with a fleet of 147 jets, but has decided instead to cap the number of planes at 141.
First quarter revenues were good, though second quarter revenues were below expectations, in part because of a poor Easter holiday, he said. AirTran reported a net loss of $35 million in the first quarter. Bookings for summer look strong.
Ancillary fees, such as those on second checked bags, also have helped generate revenue. Fornaro said the airline has considered fees on first checked bags, but does not plan to levy such fees at this time.
Atlanta-based Delta Air Lines Inc. (NYSE: DAL), also hasn't adopted fees on the first checked piece of luggage.
Hoping for the very best for all Citrus drivers…
Wednesday, June 18, 2008 - 5:39 PM EDT
AirTran plans capacity cuts, will sell more planes
Baltimore Business Journal - by Scott Trubey Contributor
AirTran Airways CEO Robert L. Fornaro told investors Wednesday the low-cost airline will continue to cut capacity and costs as well as sell some aircraft in order to cope with the devastatingly high price of jet fuel.
In a speech at a Merrill Lynch Global Transportation Conference in New York, Fornaro said Orlando, Fla.-based AirTran (NYSE: AAI) will cut overall capacity by 5 percent, a 15 percentage point swing from projections last September which had the airline growing by double digits.
"At this point the faster we can adapt the quicker we can recover and return to profitability," Fornaro said.
AirTran, the second-largest carrier at Baltimore/Washington International Thurgood Marshall Airport, also will try to restore some liquidity by selling aircraft. AirTran sold two planes in April and has plans to sell additional jets by year's end.
"Our focus is on monetizing the value we have embedded in those airplanes," Fornaro said.
AirTran had planned to end the year with a fleet of 147 jets, but has decided instead to cap the number of planes at 141.
First quarter revenues were good, though second quarter revenues were below expectations, in part because of a poor Easter holiday, he said. AirTran reported a net loss of $35 million in the first quarter. Bookings for summer look strong.
Ancillary fees, such as those on second checked bags, also have helped generate revenue. Fornaro said the airline has considered fees on first checked bags, but does not plan to levy such fees at this time.
Atlanta-based Delta Air Lines Inc. (NYSE: DAL), also hasn't adopted fees on the first checked piece of luggage.
#19
Gets Weekends Off
Joined: Feb 2008
Posts: 20,883
Likes: 198
In generally you don't see pilots taking leaves when offered. You will always get a few but rarely a very high percentage. The programs work much better with other employees. Not sure what was meant in the one post by cross over employees from ValueJet. Airtran is Valuejet. They changed their name. There were no crossovers. The employees stayed right where they were. They purchased AirTran, grabbed their operating certificate and shut them down.
#20
Well I can say the Valujet culture, business environment, people, etc are all long gone...except for the few leftovers...hard to believe that was 10 years ago.
Got there right as the last -9 was being retired in 2004....
Got there right as the last -9 was being retired in 2004....
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