Airline Industry News - Financial

Continental Airlines (NYSE: CAL) reported an August consolidated (mainline plus regional) load factor of 86.5 percent, 0.7 points above the August 2009 consolidated load factor, and a mainline load factor of 87.2 percent, 0.6 points above the August 2009 mainline load factor. - More

AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI), today reported traffic for the month of August 2010. - More

US Airways Group, Inc. (NYSE:LCC) today announced that holders of US Airways Group’s 7% Senior Convertible Notes due 2020 have the right to surrender their Securities for purchase by US Airways pursuant to the terms of the indenture for the Securities. The Put Option expires on September 29, 2010. - More

Bombardier today reported financial results for the second quarter of fiscal year 2011. Revenues totalled $4.1 billion, compared to $4.9 billion for the corresponding period last fiscal year. Earnings before financing income, financing expense and income taxes (EBIT) totalled $231 million, versus $313 million last fiscal year. EBIT margin was 5.... - More

Growth in Results Despite the Downturn in Traffic - More

Air New Zealand has today reaffirmed itself as one of the world’s top performing airlines, announcing normalized earnings* before taxation of $137 million for the 12 months ended June 30, 2010. - More

Delta Air Lines, Inc. (NYSE: DAL) today announced that as a part of its ongoing efforts to reduce the company's debt levels it has commenced cash tender offers to purchase certain specified series of outstanding Pass Through Certificates and its 11-3/4% Senior Second Lien Notes due 2015. - More

Pace of Growth Slows From June - More

The International Accounting Standards Board (IASB) and Financial Accounting Standards Board (FASB) today published a joint Exposure Draft (ED) on lease accounting.The ED, if finalized, would represent a fundamental change in how lessees and lessors account for their leasing transactions. - More

During the month, ExpressJet revenue passenger miles (RPM) totaled 935 million, and available seat miles (ASM) flown were 1,116 million. - More