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☆ Private jet flights are down 15% in two years as Covid-era demand wanes
▼ + stars: | 2024-08-16 | by ( Robert Frank | ) www.cnbc.com time to read: +7 min

Private jet flights fell 15% in the first half of the year compared with their peak in 2022, as the industry grapples with waning demand and a new competitive landscape for high-end travel. Despite a short boost from the Summer Olympics, with a record 713 private jet flights to Paris the last week of July, the private jet industry continues to lose altitude this travel season. Jet It, a large U.S. private jet operator, shut down last year after grounding its fleet of Phenom 300s, Gulfstream G150s and HondaJets. Private jet passengers who paid six figures for flights started facing delays and cancellations as operators couldn’t buy or lease planes fast enough. “Prices are about 20% higher than they were in 2019,” Private Jet Card Comparisons' Gollan said.

Persons: Washington's, J, David Ake, Robert Frank, Covid, Rob Wiesenthal, George Mattson, VistaJet, Thomas Flohr, Doug Gollan, ”, Jay Duckson, —, ‘, I’m, Gollan, Travis Kuhn, “ It’s, ” Gollan, Berkshire Hathaway, ” Kuhn, “ Organizations: Gulfstream, Washington's Reagan National Airport, Getty, Private, Summer, Argus International, Blade Air Mobility, Delta Air Lines, CNBC, Industry, Central Business Jets, Companies, Jefferies, Argus, Berkshire Locations: Arlington , Virginia, Paris, U.S, Covid, Argus, “

☆ American Airlines orders four Embraer E175s for Envoy Air
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +3 min

American's previous deal for seven E175s, announced in June, underscored a U.S. regional aviation market recovering from rough years marked by the COVID-19 pandemic. "We maintain our optimistic view on Embraer, and believe that 2024-25 could translate into a period of a solid pipeline of deliveries." The order will take Envoy Air's fleet of E-Jets to more than 150 aircraft by the end of next year, Embraer said. The United States is the main market for the first-generation E-Jets, which Embraer dubs "the backbone" of that country's regional network. Last month, Embraer also announced a firm order for five E175s from Nigeria's Air Peace.

Persons: planemaker, Air's, Pedro Fabregas, Luxembourg's, Aerolineas Argentinas, Francisco Gomes Neto, Gabriel Araujo, Steven Grattan, Brad Haynes, Jonathan Oatis Organizations: Embraer, Reagan, SAO PAULO, American Airlines, EMBR3, Air, E1s, Santander, Jets, U.S, Nigeria's, JPMorgan, Reuters, Thomson Locations: U.S, Washington , U.S, United States

American airlines jets sit at gates at Washington's Reagan National airport in Washington, U.S. April 29, 2020. REUTERS/Kevin Lamarque/File Photo Acquire Licensing RightsAug 28 (Reuters) - The United States Transportation Department (USDOT) on Monday fined American Airlines (AAL.O) $4.1 million for unlawfully keeping thousands of passengers on the tarmac for hours, the largest-ever penalty for violating the rule. On one of the 43 flights, passengers were not provided with food and water as required. “This is the latest action in our continued drive to enforce the rights of airline passengers,” U.S. Transportation Secretary Pete Buttigieg said. While accepting this compromise settlement "American respectfully disagrees that certain of these tarmac delays warrant enforcement action under the extremecircumstances presented," it added.

Persons: Kevin Lamarque, USDOT, Pete Buttigieg, David Shepardson, Paul Grant, Rami Ayyub, Bill Berkrot Organizations: Reagan, REUTERS, United States Transportation Department, Monday, American Airlines, Aviation Consumer Protection, Dallas Fort Worth, Transportation, American, British Airways, Thomson Locations: Washington , U.S, Dallas, Dallas Fort Worth Airport, U.S

[1/2] American airlines jets sit at gates at Washington's Reagan National airport in Washington, U.S. April 29, 2020. REUTERS/Kevin LamarqueWASHINGTON, June 12 (Reuters) - U.S. District Judge Leo Sorokin on Monday delayed the effective date of a permanent injunction after ruling American Airlines (AAL.O) and JetBlue Airways (JBLU.O) must end their Northeast Alliance (NEA) they used to coordinate flights and pool revenue. On Friday, the airlines asked Sorokin to allow them to continue mutual frequent flyer recognition and codeshare arrangements. The Justice Department said Sorokin should reject the airlines' "invitation to craft a new 'NEA Lite' on the fly." Separately, the Justice Department filed suit in March aimed at stopping JetBlue from buying discount rival Spirit Airlines (SAVE.N).

Persons: Kevin Lamarque WASHINGTON, Leo Sorokin, Sorokin, David Shepardson, Nick Zieminski Organizations: Reagan, REUTERS, District, American Airlines, JetBlue Airways, Northeast Alliance, NEA, JetBlue, Justice Department, American, JetBlue Boston, U.S, Department, Spirit Airlines, Thomson Locations: Washington , U.S, New York, Boston, Washington, York, JFK, LaGuardia, Newark

☆ Pilot shortages and increasing travel demand are causing backups at major airports. The solution may be as simple as using bigger planes.
▼ + stars: | 2023-04-08 | by ( Aidan Pollard | ) www.businessinsider.com time to read: +3 min

Airlines are putting passengers on bigger planes, as a pilot shortage and congestion at major airports continues. But there may be a simple solution — flying bigger planes. Still, a United spokesperson told CNBC the airline would fly about 3,600 domestic flights with large or wide-body aircraft. "Not every gate is equal," Cox told CNBC. Even as airlines like United put bigger planes at their gates when possible, passengers and congestion are still piling up.

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