Hello everyone. This week’s holiday week issue of PlaneBusiness Banter is now posted. Since yesterday was July 4th, you know what that means. That’s right –this week’s issue includes the legendary 2011 “Ode to a Hot Dog” column.
Aside from our usual July 4th fun and frivolity, we do have some serious business to talk about this week in addition to our yearly review of weenies.
Four major U.S. airlines are now talking to aircraft manufacturers about potential new aircraft orders. We look at what some of the industry’s more knowledgeable observers think we could see in terms of new orders.
In Australia, aviation regulators grounded Tiger Airways Australia last week. We talk at length about the reasons for the ruling, the fact that most of the major investors in the airline have essentially cashed out, and why the move by CASA should not have come as a surprise to the airline.
Another week, news of another low-cost airline in Asia. Last week Qantas and Japan Airlines announced that they are forming a joint venture — the purpose of which is to start a new low-cost Asian airline.
Meanwhile, across the pond, Flybe and Finnair have combined forces purchasing Finnish regional carrier, Finnish Commuter Airlines.
On the labor front, we had two major union representational votes last week. The flight attendants at United Airlines and Continental Airlines went to the ballot box to pick a union representative for their combined group in June. Last week the National Mediation Board announced that the Association of Flight Attendants won the election — but by a closer vote than I think the AFA had expected.
While over at Republic Holdings, pilots for all of the holding company member airlines voted in favor of one union representative. And which union was that?
In terms of airline stocks, last Thursday marked the end of the second quarter. Which airline stocks performed like champs during the second quarter — and which ones lagged behind?
We also take a look at the current mean estimates for the usual suspects heading into the second quarter. How has analyst sentiment changed since the end of the first quarter?
Lots of letters to the editor this week, including one of the most unusual notes I’ve ever received. Hint: It has nothing to do with airlines.
All this — and more — in this week’s issue of PlaneBusiness Banter.
Subscribers can access this week’s issue here.