JoeMerchant
ASA pilot
- Joined
- Mar 31, 2005
- Posts
- 6,353
Ft. "Washington" Beach... among others...
AP
Delta Reducing Its Capacity in Cincinnati
Wednesday September 7, 10:28 am ET Delta Reducing Capacity in Cincinnati, Making Fleet Changes to Become More Efficient
ATLANTA (AP) -- Delta Air Lines Inc., the nation's third-largest carrier, said on Wednesday it is reducing capacity at its Cincinnati hub by 26 percent while boosting international service and making other changes in an effort to become more efficient.
It also said it will accelerate the removal of widebody Boeing 767-200 jets to simplify its fleet as it fights to avoid a bankruptcy filing after piling up $10 billion in losses since January 2001.
Less-popular flights early in the morning and late at night will be eliminated at Cincinnati/Northern Kentucky International Airport, airport spokesman Ted Bushelman said. The plan should not cause major problems for local travelers because some of those flights will be moved to the daytime when people like to fly, he said.
The hub, Delta's second-largest, is losing nine destinations served by Delta Connection carriers, Bushelman said. The nonstop flights being eliminated Dec. 1 are to Moline, Ill.; Mobile and Montgomery, Ala.; Islip, N.Y.; Baton Rouge, La.; and Fort Washington Beach, Pensacola, Tallahassee and Daytona Beach, Fla., Bushelman said.
"So you can see, it's not major markets, and you can still get there by going through Atlanta or Salt Lake City," he said. "Looking at it from our Cincinnati passenger standpoint, I really don't see a problem."
Atlanta-based Delta said the changes starting Dec. 1 will better match passenger demand at the Cincinnati airport.
Delta shares traded up 5 cents, or 4.5 percent, to $1.17 Wednesday morning on the New York Stock Exchange.
As part of its fleet simplification, Delta said it will speed the removal from service of its Boeing 767-200 aircraft type -- the least efficient wide-body aircraft in its fleet. These aircraft are scheduled to be removed from service by Dec. 1, with the majority to be sold to ABX Air Inc.
The former air-cargo unit of Airbourne, ABX Air Inc. of Wilmington, Ohio, said Wednesday it will spend about $190 million to buy eleven 767-200 passenger airplanes from Delta and convert them into freighter planes. The agreement calls for delivery of six aircraft in 2006, two in 2007 and three in 2008.
ABX, which was spun off to shareholders as part of DHL Worldwide Network SA's August 2003 acquisition of Airbourne, sorts and flies overnight deliveries for DHL, but the Delta aircraft are expected to help the company expand its non-DHL deliveries, said Joe Hete, ABX president and chief executive.
Among other changes announced Wednesday, Delta is expanding service to regional business destinations from its Atlanta and Salt Lake City hubs with new nonstop flights to 20 destinations.
Delta also said it will add more flights to Hawaii and new or expanded service to 41 international destinations.
http://www.delta.com
http://www.cvgairport.com/
AP
Delta Reducing Its Capacity in Cincinnati
Wednesday September 7, 10:28 am ET Delta Reducing Capacity in Cincinnati, Making Fleet Changes to Become More Efficient
ATLANTA (AP) -- Delta Air Lines Inc., the nation's third-largest carrier, said on Wednesday it is reducing capacity at its Cincinnati hub by 26 percent while boosting international service and making other changes in an effort to become more efficient.
It also said it will accelerate the removal of widebody Boeing 767-200 jets to simplify its fleet as it fights to avoid a bankruptcy filing after piling up $10 billion in losses since January 2001.
Less-popular flights early in the morning and late at night will be eliminated at Cincinnati/Northern Kentucky International Airport, airport spokesman Ted Bushelman said. The plan should not cause major problems for local travelers because some of those flights will be moved to the daytime when people like to fly, he said.
The hub, Delta's second-largest, is losing nine destinations served by Delta Connection carriers, Bushelman said. The nonstop flights being eliminated Dec. 1 are to Moline, Ill.; Mobile and Montgomery, Ala.; Islip, N.Y.; Baton Rouge, La.; and Fort Washington Beach, Pensacola, Tallahassee and Daytona Beach, Fla., Bushelman said.
"So you can see, it's not major markets, and you can still get there by going through Atlanta or Salt Lake City," he said. "Looking at it from our Cincinnati passenger standpoint, I really don't see a problem."
Atlanta-based Delta said the changes starting Dec. 1 will better match passenger demand at the Cincinnati airport.
Delta shares traded up 5 cents, or 4.5 percent, to $1.17 Wednesday morning on the New York Stock Exchange.
As part of its fleet simplification, Delta said it will speed the removal from service of its Boeing 767-200 aircraft type -- the least efficient wide-body aircraft in its fleet. These aircraft are scheduled to be removed from service by Dec. 1, with the majority to be sold to ABX Air Inc.
The former air-cargo unit of Airbourne, ABX Air Inc. of Wilmington, Ohio, said Wednesday it will spend about $190 million to buy eleven 767-200 passenger airplanes from Delta and convert them into freighter planes. The agreement calls for delivery of six aircraft in 2006, two in 2007 and three in 2008.
ABX, which was spun off to shareholders as part of DHL Worldwide Network SA's August 2003 acquisition of Airbourne, sorts and flies overnight deliveries for DHL, but the Delta aircraft are expected to help the company expand its non-DHL deliveries, said Joe Hete, ABX president and chief executive.
Among other changes announced Wednesday, Delta is expanding service to regional business destinations from its Atlanta and Salt Lake City hubs with new nonstop flights to 20 destinations.
Delta also said it will add more flights to Hawaii and new or expanded service to 41 international destinations.
http://www.delta.com
http://www.cvgairport.com/
