American Airlines receives another $3.1bn in payroll support
21.01.2021 – 14:33 UTC
American Airlines Group has secured at least USD3.09 billion from the US Treasury as part of the government’s Payroll Support Programme Extension Agreement (PSP2) to preserve jobs in the airline sector.
A first instalment of USD1.54 billion of the additional PSP2 payment was dispersed on January 15, 2021, to American Airlines and its subsidiaries Envoy Air, Piedmont Airlines, and PSA Airlines.
The pay-out was part of a USD6.1 billion first PSP2 payment by the Treasury to a number of benefiting airlines. In total, the Treasury has approved another USD12 billion in payroll support for passenger air carriers to support airline industry workers. This follows after the government passed a new relief bill at the end of December 2020 releasing additional funds to help companies pay salaries following the air traffic collapse caused by the pandemic.
To protect taxpayers, American Airlines, like other benefiting carriers, have agreed to issue warrants to the US Treasury to acquire shares in the airline at an exercise price of USD15.66 per share, as required under Section 408…
Alaska Airlines orders 23 incremental B737 MAX 9s
23.12.2020 – 14:29 UTC
Alaska Airlines (AS, Seattle Tacoma Int’l) has ordered an additional twenty-three B737-9s, increasing its order book from Boeing and lessors to a total of 68 of the narrowbodies. The new agreement also includes options for another 15 of the type.
Following the restructuring of the carrier’s commitment with Boeing, Alaska Airlines is now set to receive the first thirteen B737-9s in 2021 with its first revenue service tentatively planned for March 2021. By the peak of the summer season, Alaska Airlines hopes to operate six B737-9s.
The remaining aircraft on firm order will see 30 deliver in 2022, 13 in 2023, and 12 in 2024. The carrier plans to take fifty-five B737-9s directly from the manufacturer and the remaining 13 from lessors.
Including the 15 newly added options, Alaska Airlines now holds options for a total of fifty-two B737-9s due for potential delivery between 2023 and 2026.
The deliveries of B737-9s will allow the carrier to fully retire its fleet of fifty-one A320-200s (of which 12 have been permanently parked)…
Alaska Airlines to swap 10 A320s for 13 B737 MAX 9s
25.11.2020 – 13:17 UTC
Alaska Airlines (AS, Seattle Tacoma Int’l) has reached an agreement wherein it will sell all 10 of its remaining owned A320-200s to Air Lease Corporation which will, in turn, lease the airline 13 incremental B737-9s.
The B737 MAX 9s are scheduled to deliver between the second half of 2021 through the end of 2022 and will come on top of another 32 of the type that Alaska Airlines has on direct order from Boeing.
Following the sale of the A320s to ALC, Alaska Airlines will lease the units back for a short period of time during its transition to the B737 MAX fleet, “on terms that align with Alaska Airlines’ fleet modernization and rationalization over the next few years”.
According to the ch-aviation fleets ownership module, Alaska Airlines operates fifty A320-200s, of which it only owns the 10 now sold to ALC. The remaining 40 are dry-leased from a variety of lessors, but none from ALC. The airline inherited its entire fleet of Airbus narrowbodies, which also includes…
Jackson Hole, Wyoming to close for runway works early 2Q22
19.11.2020 – 11:47 UTC
Jackson Hole, WY will close for runway works between April 2022 and June 2022, thereby impacting the services of Alaska Airlines, American Airlines, Delta Air Lines, Frontier Airlines, and United Airlines.
The airport will be closed to both airline and general aviation traffic, with specific closure dates to be announced soon, according to a company statement. While the 1,920 x 46-metre runway 01/19 is being reconstructed, two terminal improvement projects will also be tackled, including the remodelling of the security screening checkpoint and the expansion of the restaurant area. Most of the funding for the project was derived from the US Federal Aviation Administration (FAA) and the State of Wyoming Division of Aeronautics.
Jackson Hole Airport serves Teton County and Grand Teton National Park in Wyoming and is a major gateway to popular tourist destinations and ski resorts.
According to the ch-aviation schedules module, Alaska Airlines operates from Jackson Hole to San Diego Int’l, San José, CA, and Seattle Tacoma Int’l. American, United, and Delta service Jackson…
Editorial Comment: Correcting date to reflect airport closure from April 2022 to June 2022. – 19.01.2021 – 16:23 UTC