REPUBLIC INVESTS IN MOKULELE
Republic Airways will provide an $8 million line of credit to Mokulele Airlines and place four of its Embraer 170s with the Hawaiian carrier in November. The intra-island Mokulele will operate the 70-seat regional jets using crew from the Indiana-based regional. It will also hire some workers who were laid off when Aloha Airlines shut in April. Mokulele now flies Cessna Caravans. The Embraers, assigned to Republic subsidiary Shuttle America, had been flown for Frontier Airlines.
787s FOR AMERICAN
American Airlines agreed to purchase 42 Boeing 787s for delivery from September 2012 through to 2018. The deal depends on approval by American's pilot union, the Allied Pilots Association, of a new agreement to operate the aircraft. The airline's APA contract does not include pay or work rules for the 787s, and the Boeing deal could spur the already-contentious labour talks. American also has purchase rights for 58 more 787s.
US UNIT REVENUES UP
Passenger unit revenues at major US carriers increased 12.5% in September to 16.06 cents, says the Air Transport Association. In August, yield was 15.5 cents. Domestic unit revenues rose 13.8%, more than international unit revenues for the first time since 2006. International unit revenues were up 8.8%.
Source: Airline Business
