Sunday October 1, 2023

Delta’s Anderson leads the compensation parade in 2010

Delta Air Lines and US Airways Group released their proxy statements Friday, and we’ve now got all the biggest carrier’s disclosures for 2010. Here’s how the executive compensation stacks up for the carriers’ chief executives: Name Airline Year Salary Bonus Stock Option Non-Equity Change in All Other Total Awards Awards Incentive Plan Pension Compensation Compensation […]

Dallas/Fort Worth Airport traffic up 1.5 percent in 2010

The final figures show that passengers boardings and deplanements at Dallas/Fort Worth International Airport increased 1.5 percent in 2010. As you look at market share shifts among the various airlines, what is remarkable is the lack of much change. American Airlines and American Eagle combined had 85.99 percent of the airport’s traffic, down two-hundreds of […]

Delta in 2010 takes top spot in passengers

By virtue of its merger with Northwest Airlines, Delta Air Lines has jumped to the top of the list in numbers of enplaned passengers. It’ll keep that spot even after the merger of United Airlines and Continental Airlines is fully implemented and those two carriers begin operating as United Airlines only. (The Bureau of Transportation […]

United Continental Holdings says booked loads on international flights down from 2010

In an update Monday to investors, United Continental Holdings said that advance booked load factors are down in all its international segments for the next six weeks, although booked loads are up on domestic flights. Here’s the breakdown in load factors compared to the same period in 2010 for mainline flights on United Airlines and […]

St. Joe Co. doesn’t owe Southwest Airlines in 2010, but invests in fuel hedges to protect itself from rising energy prices

Last May, Southwest Airlines started service to the new Northwest Florida Beaches International Airport with a guarantee from the St. Joe Co. that any Southwest Airlines losses would be backstopped by St. Joe. Neither company has disclosed Southwest’s results at the new Panama City airport, other than to say they’ve been good. Now, in St. […]

Dallas Love Field traffic increases 2.8 percent in 2010

Dallas Love Field handled nearly 8 million passengers in 2010, up 2.8 percent from 2009 and almost back to its 2008 levels pre-recession. About 97 of every 100 passengers at Love Field were carried by Southwest Airlines, which saw its traffic there increase 3.4 percent in 2010 compared to 2009. ExpressJet, which flies as Continental […]

United Airlines is best major carrier in on-time arrivals for December, and all of 2010

United Airlines survived the bad weather of December to finish tops among the big carriers in on-time performance in December, with 83.1 percent of its flight arriving on time. At the bottom was JetBlue Airways, with 58.6 percent. United was second only to Hawaiian Airlines, which enjoys that Hawaiian weather at many of its airports. […]

Atlantic Southeast, AirTran lead airline industry in improving their on-time record in 2010; Pinnacle, Southwest are at bottom

Atlantic Southeast Airlines usually finishes way down in the rankings for on-time arrivals. But let’s give credit where credit is due and reward the airlines that showed the most improvement. ASA, a regional carrier owned by SkyWest, did the best job of improving its on-time performance in 2010 among all 18 U.S. carriers ranked by […]

Alaska Air Group beats consensus, earns $251 million in 2010

Wall Street hasn’t been ecstatic about airlines earnings so far this cycle. Delta Air Lines missed analysts’ consensus, Southwest Airlines was about on target, AMR was a little above consensus. Maybe the market was just waiting for Alaska Air Group. Alaska Air Group reported really strong earnings Tuesday, providing a true earnings surprise for Wall […]

Some comments from Gary Kelly and Laura Wright on the Southwest Airlines Q4 2010 earnings call

As always, Southwest Airlines chairman and CEO Gary Kelly and CFO Laura Wright had many things to say on their conference call Thursday covering the Q4 and full year 2010 earnings. Some highlights: Kelly on whether Southwest had tied its hands with its aggressive ad campaign criticizing fees that other airlines charge to change passenger […]