This Week on BNET (June 15 – 19)

American, BNET, Continental, Schedule Changes, United, Virgin America

Virgin America Unit Revenues Fall More Than 20 Percent
Virgin America’s revenue for the first quarter fell dramatically.

Virgin America Makes Progress on Costs
Revenues don’t look great, but costs are definitely looking up.

American Ends Austin – San Jose Flights
American is killing its nerd bird flight. It’s a sad day.

April Premium Traffic Continues the Downward Spiral
IATA’s monthly premium traffic report had some glimmers of hope, but I wouldn’t get too excited yet. It’s still ugly.

Continental Reveals Domestic Load Factor Strength, International Weakness
Loads actually look decent on some Continental routes this summer, but this is probably not the great news you would hope it would be.

United’s Cash Position to Hold Steady During Second Quarter
United’s cash is expected to stay around $2.5 billion after the second quarter.

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3 comments on “This Week on BNET (June 15 – 19)

  1. Does anyone else have trouble directly accessing the weekend links? It seems they don’t work until Monday.

  2. AA may have canceled the nerd bird, but AS have stepped in

    ALASKA AIRLINES ANNOUNCES NEW SAN JOSE-AUSTIN SERVICE
    Carrier also adds flight between Portland and San Jose

    SEATTLE — Alaska Airlines announced today it will inaugurate daily service between San Jose, Calif., and Austin, Texas, starting Sept. 2, 2009. The new flight will be available for purchase starting Thursday, June 25, at alaskaair.com and by calling 1-800-ALASKAAIR (1-800-252-7522).
    Earlier this year, Alaska announced plans to link Seattle and Austin with a daily roundtrip flight starting Aug. 3, 2009.
    “The San Jose-Austin route is a natural extension of our network, providing a vital link between two high-tech hubs,” said Andrew Harrison, Alaska Airlines’ vice president of planning and revenue management. “We are excited to offer this new market to our customers.”
    The new flight will depart San Jose at 8:55 a.m. Pacific time and arrive at Austin-Bergstrom International Airport at 2:15 p.m. Central time. The return flight will depart Austin at 3 p.m. Central time and arrive in San Jose at 4:40 p.m. Pacific time.
    The flight will originate in Portland, Ore. An Alaska Airlines jet will replace one of five existing Horizon Air flights between Portland and San Jose, increasing capacity in the market. The Alaska flight will depart Portland at 6:20 a.m. Pacific time and arrive in San Jose at 8:10 a.m. Pacific time. The return flight will depart San Jose at 5:25 p.m. and arrive in Portland at 7:10 p.m.
    Alaska Airlines will operate the flights with Boeing 737-800s, accommodating 16 passengers in first class and 141 in the main cabin.
    Alaska Airlines and Horizon Air, subsidiaries of Alaska Air Group (NYSE: ALK), together serve more than 90 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. For reservations, visit alaskaair.com. For more news and information, visit the Alaska Airlines/Horizon Air Newsroom at alaskaair.com/newsroom.

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