PlaneBusiness Banter Now Posted!

home-typewriter copy 1Hello everyone. This week we come to you from the wonderful comfy confines of Manhattan. My old stomping grounds.

Yours truly is in town for Delta Air Lines’ roll out of their new Terminal 4 at JFK Friday. Today, I made my way over to the Wings Club, where Delta Air Lines’ CEO Richard Anderson spoke to a packed house.

And yes, we’re all drinking Coca-Cola. And eating moon pies.

Well, maybe not.

This week in PlaneBusiness Banter we take an in-depth look at the recent earnings calls from Air Canada and WestJet. Ryanair also announced record annual earnings (through Mar.31) this week.

Meanwhile, this week United Airlines re-launched the 787 into passenger service. And, just in case anyone had forgotten about their operation in Newark, (as a result of the media onslaught involving the Delta T4 rollout this week) United also announced a $150 million upgrade to its Terminal C facility at Newark.

SkyWest announced a new aircraft order this week. The airline announced it firm orders for 40 76-seat E175 aircraft with two-class cabins. The aircraft will fly under new 12-year contracts for United Airlines.  

We also take a look at the March DOT Air Travel Consumer Report. We had a lot of hot competition in many of the categories this month — was fun to dissect.

The airline sector had a pretty good week on Wall Street. And those shares of bankrupt AMR just keep going and going and going. We give a shout out this week to the JP Morgan dynamic analyst duo of Jamie Baker and Mark Streeter. They made the AAMRQ call more than two months ago — and the shares have, for the most part, never looked back.

All this — and more — in this week’s issue of PlaneBusiness Banter.