Kev3188
Veteran
Article is here. ***
This may require a login, so here are some excerpts:
The airline said Tuesday that it has reached an agreement to sell nine of its 65 Airbus A319s, a staple of its domestic flights....
..."The process for closing each of these sales is underway," Northwest spokesman Darren Shannon said. He declined to identify a buyer or purchase price, but he linked the aircraft sale to Northwest's "successful debt and lease restructuring efforts while in Chapter 11."...
..."Northwest needs the revenue that could be gained by using these fuel-efficient aircraft," Monty Montgomery, a spokesman for the Northwest branch of the Air Line Pilots Association (ALPA), said Tuesday. He added that the planes could still be flown "under our current contract with sufficient [pilot] staffing."...
...Northwest's decision to sell the planes was made well before the carrier canceled about 1,200 flights in late June and consequently elected to cut its domestic schedule by 3 percent in August....
...Pilots union leaders told their Twin Cities-area members Saturday that Tim Rainey, Northwest's senior vice president overseeing flight operations, notified the union in March that the nine A319s would be phased out this year. In addition, union leaders said in March that management intends to cut the aging DC-9 fleet from 115 last year to 93 this year....
...Northwest declined to say which cities would be affected by the A319 reduction....
...However, Bill Hochmuth, senior research analyst at Thrivent Investment Management, Minneapolis, said: "Passengers better get used to flying in regional jets."...
...In a bankruptcy court filing early this year, Northwest projected that it would reduce its domestic main fleet flying by an average of 2.7 percent a year through 2010. Flying done by regional partners is expected to grow rapidly -- by 16.9 percent a year, the carrier said....
...Mesaba and Compass airlines, both Northwest subsidiaries, will each operate 36 new 76-seat regional jets. Mesaba has begun flying jets manufactured by Bombardier in Canada. Later this year, Compass will start flying Embraer jets made in Brazil....
..."You are going to see movement from 100- to 130-seat jets down to the new 76-seat jets that they just started receiving," Hochmuth said....
...Northwest has yet to decide on a replacement aircraft for the DC-9....
Liz Fedor • 612-673-7709 • [email protected]
Thoughts? Rants? Conspiracy theories?
This may require a login, so here are some excerpts:
The airline said Tuesday that it has reached an agreement to sell nine of its 65 Airbus A319s, a staple of its domestic flights....
..."The process for closing each of these sales is underway," Northwest spokesman Darren Shannon said. He declined to identify a buyer or purchase price, but he linked the aircraft sale to Northwest's "successful debt and lease restructuring efforts while in Chapter 11."...
..."Northwest needs the revenue that could be gained by using these fuel-efficient aircraft," Monty Montgomery, a spokesman for the Northwest branch of the Air Line Pilots Association (ALPA), said Tuesday. He added that the planes could still be flown "under our current contract with sufficient [pilot] staffing."...
...Northwest's decision to sell the planes was made well before the carrier canceled about 1,200 flights in late June and consequently elected to cut its domestic schedule by 3 percent in August....
...Pilots union leaders told their Twin Cities-area members Saturday that Tim Rainey, Northwest's senior vice president overseeing flight operations, notified the union in March that the nine A319s would be phased out this year. In addition, union leaders said in March that management intends to cut the aging DC-9 fleet from 115 last year to 93 this year....
...Northwest declined to say which cities would be affected by the A319 reduction....
...However, Bill Hochmuth, senior research analyst at Thrivent Investment Management, Minneapolis, said: "Passengers better get used to flying in regional jets."...
...In a bankruptcy court filing early this year, Northwest projected that it would reduce its domestic main fleet flying by an average of 2.7 percent a year through 2010. Flying done by regional partners is expected to grow rapidly -- by 16.9 percent a year, the carrier said....
...Mesaba and Compass airlines, both Northwest subsidiaries, will each operate 36 new 76-seat regional jets. Mesaba has begun flying jets manufactured by Bombardier in Canada. Later this year, Compass will start flying Embraer jets made in Brazil....
..."You are going to see movement from 100- to 130-seat jets down to the new 76-seat jets that they just started receiving," Hochmuth said....
...Northwest has yet to decide on a replacement aircraft for the DC-9....
Liz Fedor • 612-673-7709 • [email protected]
Thoughts? Rants? Conspiracy theories?
