Company To Complete Deferred Wage Repayment... Including
Maybe they should call it "Lazarus" Airlines... though,
admittedly, the marketing angle would likely be problematic.
All-but-written off for dead less than a year ago, Sun Country
Airlines announced Thursday a record first quarter net income of
$8.1 million. This compares to a net loss of $8.3 million in the
first quarter of 2008.
Drop In Revenue Miles Outpaced Capacity Cuts Slightly
US airlines carried 51.5 million scheduled domestic and
international passengers in January 2009, 10.9 percent less than
they did in January 2008, the US Department of Transportation's
Bureau of Transportation Statistics reported Thursday. Based on to
preliminary data, BTS reported the decline was the 11th consecutive
monthly decrease in system passengers from the same month of the
Streak Of Profitable Quarters Ends At 71; Workforce
As if we all needed another sign how awful the economy has been
of late. On Thursday, Southwest Airlines reported a first quarter
2009 net loss of $91 million... its third straight quarterly loss,
and the first time in nearly 18 years the carrier wasn't able to
juggle the numbers to show at least a small profit.
Long-Range Surveillance Systems Help Improve ATC Coverage
Lockheed Martin has received a $1.6 million contract from the
Brazilian Air Force to support six of its TPS-77 -- known in Brazil
as the TPS-B34 -- long range air surveillance radars currently
monitoring airspace in the Amazon region.