December 13, 2011
US Airways Group Inc. and Delta Air Lines said Tuesday they closed a deal to swap some takeoff and landing rights at New York's LaGuardia Airport and Washington, D.C.'s Reagan National Airport. At Reagan, US Airways, the dominant carrier in Philadelphia, acquired 42 Delta slots, which translate into round-trip flights, along with international rights to fly to Sao Paulo, Brazil, in 2015. Delta will also pay $66.5 million to US Airways. In return, Delta acquired 132 slots at LaGuardia, to increase its presence in New York, where it has a hub at John F. Kennedy Airport.
March 1, 2013 |
The oil refinery in Trainer owned by Delta Air Lines received its first shipment of Bakken crude oil from North Dakota on Feb. 12. The test shipment traveled in more than 100 rail cars to Albany, N.Y., where it was moved to a ship, and transported to Delta's docks in Trainer. "We are still evaluating our crude sourcing options. We don't currently have a facility to off-load from rail at Trainer," Delta spokesman Trebor Banstetter said. "If we decide to go ahead fully into the Bakken to get our crude, then we would invest in some rail facilities there, and it would come by rail all the way to the refinery.
December 16, 2011
Delta Air Lines Inc. will begin four daily flights between Philadelphia and New York's LaGuardia airport on July 11 as part of an expansion in New York because it is swapping some takeoff and landing rights with US Airways Group Inc. Delta will operate flights from here to New York at 7 a.m., 10:45 a.m., 2 p.m., and 5:45 p.m., and flights leaving LaGuardia for Philadelphia at 9 a.m., 12 noon, 4 p.m., and 8:05 p.m. daily. Delta said Friday it will spend $100 million to expand LaGuardia's C and D terminals, which will be connected by a 600-foot bridge.
April 26, 2011 |
Surging fuel costs hampered US Airways Group and Delta Air Lines in the first quarter, with both airlines reporting losses Tuesday. US Airways said that traffic and revenue were up during the first three months, but that rising fuel costs, winter weather, and the Japan crisis weighed on results. Philadelphia's dominant airline posted a loss of $114 million, or 71 cents a share - more than double the $45 million loss, or 28 cents a share, a year ago. "Our first-quarter results were clearly impacted by the extremely high price of oil," said US Airways chief executive officer Doug Parker.
November 27, 2012 |
US Airways Group Inc. said Monday that Hurricane Sandy hurt October revenue by $30 million, and reduced October profit by $15 million. Philadelphia's dominant airline, transporting nearly 70 percent of air travelers, said that November earnings will be hurt by about $20 million because of the storm. The airline said given the impact on travel in the Northeast total bookings fell by 13 percent in the days leading up to, and after, the storm between Oct. 24 and Nov. 3, compared with the same period last year.
January 3, 2012
US Airways Group Inc. announced Tuesday it will begin nonstop daily seasonal summer service from Philadelphia to Salt Lake City on May 24. Additionally, US Airways will add another daily frequency on March 25 between Philadelphia and St Louis, Mo.; Nashville, Tenn., Houston; Albany, N.Y.; Bangor, Maine; and Indianapolis. Separately, US Airways announced new daily flights at Washington Reagan National airport, where it acquired some takeoff and landing rights from Delta Air Lines.
December 13, 2013 |
Delta Air Lines, which bought the former ConocoPhillips refinery in Trainer, Delaware County, to secure a steady source of discounted jet fuel, said Wednesday the refinery lost $100,000 in 2013, but is expected to be profitable next year. Although some analysts had expressed skepticism about an airline diversifying into oil refining, a capital-intensive business with low margins, Delta president Edward Bastian told investors Wednesday: "Let me be very clear. Trainer has been a great success for Delta.
March 29, 2013 |
Have you ever been on a plane and wondered if your luggage made the flight? Now, US Airways passengers can track their checked bags - in real time - by going to the US Airways website, and typing in bag claim information. US Airways rolled out the service on all flights March 19. It is information the airline already had for internal purposes. Delta Air Lines was the first U.S. carrier to launch real-time baggage tracking. Passengers can go to the Delta website or download a free app to pull up information from the bar code on their bag-claim ticket.
April 18, 2012 |
A Delta Air Lines bid to buy the idled ConocoPhillips refinery in Trainer to satisfy its enormous thirst for jet fuel appears to be gaining momentum, industry observers say. According to reports, the Delta board of directors has endorsed a plan to bid on the refinery, one of three Philadelphia fuel-processing facilities that face closure because of poor profits. Two others are owned by Sunoco Inc. of Philadelphia, which is exiting the refining business this year altogether. Prospective buyers face a May 2 deadline for a second round of bidding on the 185,000-barrel-a-day ConocoPhillips refinery, Tom Kloza, publisher of Oil Price Information Service, reported Monday.
June 17, 2013 |
When pro golf pitches its air-conditioned tents near Philadelphia - at the U.S. Open at Merion Golf Club, for example - Ernie Els, two-time U.S. Open champ and 2012 British Open winner, stops by the Newtown Square offices of SAP AG, the software maker that has paid him to promote its brand for the last 10 years. Heading to dinner last week with SAP bosses and clients atop the German company's sweeping, glass-walled U.S. headquarters, the tall, sandy-haired pro from South Africa and his entourage paused to admire a pair of curvaceous McLaren sports cars parked seductively outside by a dealer.