Shares of Spirit Airlines (SAVE) have soared today after the discount airline reported much stronger-than-forecast traffic.
Chip Litherland for The Wall Street JournalSpirit’s traffic rose 28.8% in September from a year ago, while load factor rose to 84.7%, up 2.5 points from 2012.
Citigroup’s Stephen Trent and�Juliano Navarro call it a “blowout” number and upgrade the stock:
We are upgrading Spirit Airlines from Neutral to Buy, on the back of very strong September traffic stats, including 3Q13 RASM growth guidance of 8% to 9% y-o-y. Plugging this stronger guidance into our model boosts our estimates. This, along with the shares��ca. 1% decline since late July as the group has rallied, present a compelling backdrop for a Buy rating on the shares.
Cowen’s Helane Becker and Conor Cunningham dig into the numbers:
Top 10 Airline Companies To Own In Right Now: AMR Corp (AAMRQ)
AMR Corporation (AMR), incorporated in October 1982, operates in the airline industry. The Company�� principal subsidiary is American Airlines, Inc. (American). As of December 31, 2011, American provided scheduled jet service to approximately 160 destinations throughout North America, the Caribbean, Latin America, Europe and Asia. AMR Eagle Holding Corporation (AMR Eagle), a wholly owned subsidiary of AMR, owns two regional airlines, which do business as American Eagle - American Eagle Airlines, Inc. and Executive Airlines, Inc. (collectively, the American Eagle carriers). American also contracts with an independently owned regional airline, which does business as AmericanConnection (the AmericanConnection carrier). As of December 31, 2011, AMR Eagle operated approximately 1,500 daily departures, offering scheduled passenger service to over 175 destinations in North America, Mexico and the Caribbean.
American, AMR Eagle and the AmericanConnection airline served more than 250 cities in approximately 50 countries with, on average, 3,400 daily flights and the combined network fleet numbered approximately 900 aircraft as of December 31, 2011. American Airlines is also a founding member of the oneworld alliance, which includes British Airways, Cathay Pacific, Finnair, LAN Airlines, Iberia, Qantas, JAL, Malev Hungarian, Mexicana, Royal Jordanian and S7 Airlines. Together, oneworld members serve 750 destinations in approximately 150 countries, with about 8,500 daily departures. American is also one of the scheduled air freight carriers in the world, providing a range of freight and mail services to shippers throughout its system onboard American�� passenger fleet.
To improve access to each other�� markets, American has established marketing relationships with other airlines and rail companies. As of December 31, 2011, American had marketing relationships with Air Berlin, Air Pacific, Air Tahiti Nui, Alaska Airlines, British Airways, Cape Air, Cathay Pacific, China Eastern Airl! ines, Dragonair, Deutsche Bahn German Rail, EL AL, Etihad Airways, EVA Air, Finnair, GOL, Gulf Air, Hawaiian Airlines, Iberia, Japan Airlines (JAL), Jet Airways, JetStar Airways, LAN (includes LAN Airlines, LAN Argentina, LAN Ecuador and LAN Peru), Niki Airlines, Qantas Airways, Royal Jordanian, S7 Airlines, and Vietnam Airlines.
American has established the AAdvantage frequent flyer program (AAdvantage). AAdvantage members earn mileage credits by flying on American, American Eagle and the AmericanConnection carrier or by using services of other participants in the AAdvantage program. Mileage credits can be redeemed for free, discounted or upgraded travel on American, American Eagle or other participating airlines, or for other awards. American sells mileage credits and related services to other participants in the AAdvantage program. There are over 1,000 program participants, including a credit card issuer, hotels, car rental companies, and other products and services companies in the AAdvantage program. As of December 31, 2011, AAdvantage had approximately 69 million total members.
The Company competes with Alaska Airlines (Alaska), Delta Air Lines (Delta), Frontier Airlines, JetBlue Airways (JetBlue), Hawaiian Airlines, Southwest Airlines (Southwest) and AirTran Airways (Air Tran), Spirit Airlines, United Airlines (United) and Continental Airlines (Continental), US Airways and Virgin America Airlines.
Advisors' Opinion:- [By Sam Mamudi]
The company created when American Airlines (AAMRQ) and US Airways Group Inc. (LCC) merge will list its shares on the Nasdaq Stock Market, a victory for the exchange operator after losing Twitter Inc. (TWTR)�� initial public offering.
Top 10 Airline Companies To Own In Right Now: AMR Corp (AAMRQ.PK)
AMR Corporation (AMR), incorporated in October 1982, operates in the airline industry. The Company�� principal subsidiary is American Airlines, Inc. (American). As of December 31, 2011, American provided scheduled jet service to approximately 160 destinations throughout North America, the Caribbean, Latin America, Europe and Asia. AMR Eagle Holding Corporation (AMR Eagle), a wholly owned subsidiary of AMR, owns two regional airlines, which do business as American Eagle - American Eagle Airlines, Inc. and Executive Airlines, Inc. (collectively, the American Eagle carriers). American also contracts with an independently owned regional airline, which does business as AmericanConnection (the AmericanConnection carrier). As of December 31, 2011, AMR Eagle operated approximately 1,500 daily departures, offering scheduled passenger service to over 175 destinations in North America, Mexico and the Caribbean.
American, AMR Eagle and the AmericanConnection airline served more than 250 cities in approximately 50 countries with, on average, 3,400 daily flights and the combined network fleet numbered approximately 900 aircraft as of December 31, 2011. American Airlines is also a founding member of the oneworld alliance, which includes British Airways, Cathay Pacific, Finnair, LAN Airlines, Iberia, Qantas, JAL, Malev Hungarian, Mexicana, Royal Jordanian and S7 Airlines. Together, oneworld members serve 750 destinations in approximately 150 countries, with about 8,500 daily departures. American is also one of the scheduled air freight carriers in the world, providing a range of freight and mail services to shippers throughout its system onboard American�� passenger fleet.
To improve access to each other�� markets, American has established marketing relationships with other airlines and rail companies. As of December 31, 2011, American had marketing relationships with Air Berlin, Air Pacific, Air Tahiti Nui, Alaska Airlines , British Airways, Cape Air, Cathay Pacific, China Eastern ! A! irlines, Dragonair, Deutsche Bahn German Rail, EL AL, Etihad Airways, EVA Air, Finnair, GOL, Gulf Air, Hawaiian Airlines, Iberia, Japan Airlines (JAL), Jet Airways, JetStar Airways, LAN (includes LAN Airlines, LAN Argentina, LAN Ecuador and LAN Peru), Niki Airlines, Qantas Airways, Royal Jordanian, S7 Airlines, and Vietnam Airlines.
American has established the AAdvantage frequent flyer program (AAdvantage). AAdvantage members earn mileage credits by flying on American, American Eagle and the AmericanConnection carrier or by using services of other participants in the AAdvantage program. Mileage credits can be redeemed for free, discounted or upgraded travel on American, American Eagle or other participating airlines, or for other awards. American sells mileage credits and related services to other participants in the AAdvantage program. There are over 1,000 program participants, including a credit card issuer, hotels, car rental companies, and other products an d services companies in the AAdvantage program. As of December 31, 2011, AAdvantage had approximately 69 million total members.
The Company competes with Alaska Airlines (Alaska), Delta Air Lines (Delta), Frontier Airlines, JetBlue Airways (JetBlue), Hawaiian Airlines, Southwest Airlines (Southwest) and AirTran Airways (Air Tran), Spirit Airlines, United Airlines (United) and Continental Airlines (Continental), US Airways and Virgin America Airlines.
Advisors' Opinion:- [By Insider Monkey]
Last but not the least is US Airways Group (LCC), in which Y/Cap slightly increased its position, now owning around $7.9 million. U.S. Airways is currently on the minds of many investors, mainly due to its plans to merge with American Airlines parent AMR Corp (AAMRQ.PK). While European regulators approved the merger, the U.S. Department of Justice put a spoke in the wheel, and is trying to block the move. The companies filed a motion to the court to set the trial date for November 12. Amid these actions, U.S. Airways and American Airlines prolonged the outside date at which one of the companies can terminate the proposed merger.
- [By Tom Sandlow]
Synopsis: As a result of the terms of its bankruptcy and the proposed merger with U.S. Airways (LCC), an equity investment in AMR Corp (AAMRQ.PK) is equivalent to a series of derivatives on LCC. At current market values, AAMRQ is undervalued by approximately 40%. It is possible to create an arbitrage position that should capture this pricing differential over the next 6 months.
Top Asian Companies To Watch For 2015: PAWS Pet Company Inc (PAWS.PK)
The PAWS Pet Company, Inc., formerly Pet Airways, Inc., incorporated on June 6, 2005, through its wholly-owned subsidiary, Pet Airways, Inc., (Pet Airways) operates an airline designed specifically for transportation of pets. Pet owners can book their pets on flights online at the Company's Website or can book with its agents by phone. Flights can be booked up to three months before the scheduled departure date. Payment for the flights is made with credit card. On the day of the scheduled flight, pet owners drop off their pets at one of the Company's airport facilities located at the departure airport. The Company places the pet passengers into a pet-friendly carrier and then boards the carrier into the main cabin of the aircraft. In February 2012, the Company announced that it had purchased the technology assets of Impact Social Networking, Inc.
The Company's pet passengers fly in the specially equipped main cabin of the Company's aircraft, which is climat e-controlled, and supplied with an ample amount of fresh circulating air. Also, the pet attendant constantly monitors the Company's pet passengers for the duration of each flight. The Company offers dedicated routes within the United States with airport facilities that are located away from the main passenger terminals of the aircraft. The Company's airport facilities tend to be located either in or close to the cargo terminals of the airport. The Company carries mainly dogs and cats. The Company can carry pets of all sizes from small dogs and cats weighing less than 15 pounds to dogs that weigh 180 pounds and have maximum height from the ground to shoulder of 34 inches.
Top 10 Airline Companies To Own In Right Now: United Continental Holdings Inc.(UAL)
United Continental Holdings, Inc., through its subsidiaries, engages in the provision of passenger and cargo air transportation services. As of February 24, 2011, it operated a total of approximately 5,675 flights a day to 372 airports on 6 continents from their hubs in Chicago, Cleveland, Denver, Guam, Houston, Los Angeles, New York, San Francisco, and Tokyo, as well as in Washington, D.C. The company was formerly known as UAL Corporation and changed its name to United Continental Holdings, Inc. on October 1, 2010. United Continental Holdings, Inc. was founded in 1934 and is headquartered in Chicago, Illinois.
Advisors' Opinion:- [By Patricio Kehoe]
Airlines have always had a hard time staying in business, be it due to rising costs, strong competition, or economic cycles. Yet United Continental Holdings Inc. (UAL) and Southwest Airlines Co. (LUV) are two companies that have been in the air for decades. As of late, rising fuel costs, salary increases and recession-weary passengers have presented themselves as challenges that both airlines seem to be overcoming.
- [By Rich Smith]
Side note: A second company counting its lucky stars today is Facebook (NASDAQ: FB ) . USA Today is reporting that the social networking site's chief operating officer, Sheryl Sandberg, narrowly avoided being on Flight 214 herself. Flying home over the weekend from Seoul, Sandberg apparently switched to a United Continental (NYSE: UAL ) flight at the last minute, aiming to cash in frequent flyer miles on the latter airline. In so doing, she saved more than a few dollars -- she may have saved her own life.
Top 10 Airline Companies To Own In Right Now: Gogo Inc (GOGO)
Gogo Inc incorporated on December 14, 2009, is a holding company. The Company operates through its two operating subsidiaries, Gogo LLC and Aircell Business Aviation Services LLC. The Company provides in-flight connectivity and wireless in-cabin digital entertainment solutions. It provide turnkey solutions for passengers to extend their connected lifestyles to the aircraft cabin. It operates in two segments: commercial aviation (CA) and business aviation (BA). Its CA business provides in-flight connectivity and digital entertainment solutions to commercial airline passengers through their personal Wi-Fi enabled devices.
The Company provides Gogo Connectivity to passengers to nine North American airlines that provide Internet connectivity to their passengers. It provide Gogo Connectivity to passengers on Delta Air Lines, American Airlines, Virgin America, Alaska Airlines, US Airways, Frontier Airlines and Air Tran Airways. It also provide Gogo Connectivity to passengers on a small number of aircraft operated by United Airlines and Air Canada. As of September 30, 2011, the Company had equipped 1,177 commercial aircraft, representing approximately 85% of Internet-enabled North American commercial aircraft, which were operated on more than 4,200 daily flights.
The Company�� BA segment sells equipment and provides services for in-flight Internet connectivity and other voice and data communications under its Gogo Biz and Aircell branded products and services. BA�� customers include original equipment manufacturers of private jet aircraft such as Gulfstream, Cessna, Hawker Beechcraft, Bombardier, Dassault, Embraer, NetJets, Flexjets, Flight Options and CitationAir. It sells equipment for three of the primary connectivity network options in the business aviation market: Gogo Biz, through which it delivers broadband Internet connectivity over its (air-to-ground )ATG network, and the Iridium and Inmarsat SwiftBroadband satellite networks. As of September 30, 2011, the Company had m! ore than 700 Gogo Biz systems in operation and more than 4,600 aircraft with Iridium satellite communications systems in operation, and it has sold more than 100 Inmarsat SwiftBroadband systems. It provides in-flight broadband connectivity across the contiguous United States and portions of Alaska through 3 MHz of FCC-licensed ATG spectrum and its network of cell sites.
Through its Gogo platform, the Company provides passengers with a convenient and easy way to access the Internet, view video content, send and receive email and instant messages, and access corporate VPNs on Gogo-equipped commercial aircraft. It provides Internet access through Gogo Connectivity, on-demand streaming video offerings through Gogo Vision and access to a variety of free entertainment and service offerings, customized for each airline, through Gogo Signature Services.
The Company competes with Panasonic Avionics, Row 44, OnAir, LiveTV and Thales.
Advisors' Opinion:- [By Lisa Levin]
Gogo (NASDAQ: GOGO) shares gained 9.19% to touch a new 52-week high of $30.90 on Jim Cramer/Mad Money mention.
Western Digital (NASDAQ: WDC) shares rose 2.75% to reach a new 52-week high of $74.43 after the company's board declared a cash dividend of $0.30 per share for the quarter ending Dec. 27, 2013.
- [By Anna Prior]
Among the companies with shares expected to actively trade in Monday’s session are ViroPharma Inc.(VPHM), Transocean Ltd.(RIGN.VX) and Gogo Inc.(GOGO)
- [By Lauren Pollock]
Among the companies with shares expected to actively trade in Wednesday’s session are Valassis Communications Inc.(VCI) and Gogo Inc.(GOGO)
Valassis agreed to be acquired by Harland Clarke Holdings Corp. in a deal valuing the coupon publisher at roughly $1.31 billion that the companies expect will create a leading diversified payment and marketing-services company. Shares surged 21% to $34.29 premarket.
Top 10 Airline Companies To Own In Right Now: US Airways Group Inc (LCC)
US Airways Group, Inc. (US Airways Group) is a holding company whose primary business activity is the operation of a network air carrier through its wholly owned subsidiaries, US Airways, Piedmont Airlines, Inc. (Piedmont), PSA Airlines, Inc. (PSA), Material Services Company, Inc. (MSC) and Airways Assurance Limited (AAL). MSC and AAL operate in support of the Company�� airline subsidiaries in areas, such as the procurement of aviation fuel and insurance. It has hubs in Charlotte, Philadelphia and Phoenix and a focus city in Washington, D.C. at Ronald Reagan Washington National Airport (Washington National). During the year ended December 31, 2011, it offered scheduled passenger service on more than 3,100 flights daily to more than 200 communities in the United States, Canada, Mexico, Europe, the Middle East, the Caribbean, and Central and South America. It also has an East Coast route network, including the US Airways Shuttle service.
The Company had approximately 53 million passengers boarding its mainline flights in 2011. During 2011, the Company�� mainline operation provided scheduled service or seasonal service at 133 airports, while the US Airways Express network served 156 airports in the United States, Canada and Mexico, including 78 airports also served by its mainline operation. US Airways Express air carriers had approximately 28 million passengers boarding their planes in 2011. As of December 31, 2011, the Company operated 340 mainline jets and was supported by its regional airline subsidiaries and affiliates operating as US Airways Express under capacity purchase agreements, which operated 233 regional jets and 50 turboprops. The Company�� prorate carriers operated seven turboprops and seven regional jets at December 31, 2011.
In May 2011, US Airways Group and US Airways entered into an Amended and Restated Mutual Asset Purchase and Sale Agreement (the Mutual APA) with Delta Air Lines, Inc. (Delta). Pursuant to the Mutual APA, Delta agreed to acquire 132 slot pa! irs at LaGuardia from US Airways and US Airways agreed to acquire from Delta 42 slot pairs at Washington National and the rights to operate additional daily service to Sao Paulo, Brazil. On December 13, 2011, the transaction contemplated by the Mutual APA closed and ownership of the respective slots was transferred between the airlines. During 2011, the US Airways Express network served 156 airports in the continental United States, Canada and Mexico, including 78 airports also served by its mainline operation. During 2011, approximately 28 million passengers boarded US Airways Express air carriers��planes, approximately 44% of whom connected to or from its mainline flights.
The Company competes with Southwest, JetBlue, Allegiant, Frontier, Virgin America and Spirit.
Advisors' Opinion:- [By Alexander MacLennan]
Unnecessary discount
The news surrounding US Airways (NYSE: LCC ) recently has almost entirely centered on the airline's proposed merger with American Airlines parent company AMR (NASDAQOTH: AAMRQ ) . While this merger would play a major role in shaping the future of US Airways (which would become American Airlines Group upon the merger), the results of the trial determining whether the airlines can merge are not do-or-die. - [By Alexander MacLennan]
But the expected merger between AMR and US Airways (NYSE: LCC ) gives US Airways shareholders a chance to benefit from these routes as well. The new American Airlines Group would not only be able to codeshare these routes but would also take the crown of world's largest airline.
- [By Blake Bos]
In the following video, Motley Fool industrials analyst Blake Bos takes a question from a Motley Fool reader on Facebook, who asks, "What's your Foolish take on US Airways Group, (NYSE: LCC ) and the airlines in general ... buy, sell, hold?" Blake references an article by Fool.com contributor Adam Levine-Weinberg on US Airways' spiraling labor costs in connection with its proposed merger with American Airlines.
- [By Adam Levine-Weinberg]
US Airways (NYSE: LCC ) has lagged the industry a bit in unit revenue performance during 2013, because its capacity has been growing due to the addition of larger Airbus A321 aircraft to its fleet. However, management expects June unit revenue to increase by around 4%, followed by 2%-4% gains in August and September. This implies that US Airways will keep pace with the rest of the industry on the unit revenue front, which should lead to strong profitability due to good cost control.
Top 10 Airline Companies To Own In Right Now: Southwest Airlines Co (LUV)
Southwest Airlines Co., incorporated on March 9, 1967, operates Southwest Airlines, a passenger airline, which provides scheduled air transportation in the United States. As of December 31, 2011, the Company was serving 72 cities in 37 states throughout the United States. During the year ended December 31, 2011, the Company added addition services in two new states and three new cities: Charleston, South Carolina; Greenville-Spartanburg, South Carolina; and Newark, New Jersey. Southwest provides point-to-point. On May 2, 2011, the Company acquired AirTran Holdings, Inc. (AirTran).
AirTran�� route system provides hub-and-spoke, rather than point-to-point, service, with approximately half of AirTran�� flights originating or terminating at its hub in Atlanta, Georgia. AirTran also serves a range of markets with non-stop service from bases of operation in Baltimore, Maryland; Milwaukee, Wisconsin; and Orlando, Florida. As of December 31, 2011, AirTran was serving 68 United States and near-international destinations, including San Juan, Puerto Rico; Cancun, Mexico; Montego Bay, Jamaica; Nassau, The Bahamas; Oranjestad, Aruba; Punta Cana, Dominican Republic, and Bermuda. As of January 31, 2012, AirTran served 65 destinations. During 2011, approximately 71% of Southwest�� customers flew non-stop, and Southwest�� average aircraft trip stage length was 664 miles with an average duration of approximately 1.8 hours.
As of December 31, 2011, Southwest offered 25 weekday roundtrips from Dallas Love Field to Houston Hobby, 13 weekday roundtrips from Phoenix to Las Vegas, 13 weekday roundtrips from Burbank to Oakland, and 12 weekday roundtrips from Los Angeles International to Oakland. Southwest offers connecting service opportunities from over 60 Southwest cities to different Volaris airports in Mexico including Aguascalientes, Guadalajara, Mexico City (MEX), Mexico City-Toluca (TLC), Morelia, and Zacatecas. The Company�� International Connect portal conducts two separate transac! tions: one with Southwest�� reservation system and one with Volaris�� reservation system.
Southwest bundles fares into three categories: Wanna Get Away, Anytime, and Business Select. Wanna Get Away fares are lowest fares. Business Select fares are refundable and changeable, and funds may be applied toward future travel on Southwest. Business Select fares also include additional perks, such as priority boarding, a frequent flyer point multiplier, priority security and ticket counter access in select airports, and one complimentary adult beverage coupon for the day of travel. The Company�� Internet Website, southwest.com, is the avenue for Southwest Customers to purchase tickets online. During 2011, southwest.com accounted for approximately 78% of all Southwest bookings. During 2011, approximately 84% of Southwest�� Passenger revenues came through its Website, including revenues from SWABIZ, the Company�� business travel reservation Web page.
Advisors' Opinion:- [By Jon C. Ogg]
Southwest Airlines Co. (NYSE: LUV) has also been on fire. Its stock just hit a multi-year high of $18.80. At $18.65, its 52-week range is $9.16 to $18.80. Thomson Reuters has a consensus price target of almost $18.60. Southwest is now worth $13 billion in its market cap. The median price target is barely higher at $19.00, and the street high analyst target price is $22.00 for the stock.
- [By Ben Levisohn]
Shares of AMR Corp. have gained 9.7% to $6.91–just 3.4% from its 52-week high–while US Airways has risen 5.5% to $22.57. Southwest Airlines (LUV) has advanced 3.4% to $16.96, Delta Air Lines (DAL) has jumped 2.6% to $26.27 and JetBlue Airways (JBLU) is up 2.9% at $12.31.
Top 10 Airline Companies To Own In Right Now: Baltia Air Lines Inc (BLTA.PK)
Baltia Air Lines, Inc. (Baltia) focuses on providing scheduled air transportation from the United States to Russia and former Soviet Union countries. As of December 31, 2010, the Company�� principal activities included raising capital, obtaining route authority and approval from the Department of Transportation (DOT) and the Federal Aviation Administration (FAA), training crews, and conducting market research to develop the Company's marketing strategy. Baltia operate as a Part 121 carrier, a heavy jet operator airline in the United States. As of December 31, 2010, Baltia conducted the FAA Air Carrier Certification process under Part 121. Baltia has identified the market segments in the United States and Russia market, which include Business Travelers, General Tourism, Ethnic Travelers, Special Interest Groups, Professional Exchanges, and Government and Diplomatic Travel.
Baltia has two registered trademarks, BALTIA and VOYAGER CLASS, and five trademarks are subject to registration. Baltia focuses on providing customer service and reservations centers in New York and in St. Petersburg, to list Baltia's schedules and tariffs in the Official Airline Guide, and provide worldwide access to reservations on Baltia's flights through a major Computer Reservations and Ticketing System (CRS). With the Boeing 747 true wide-body aircraft Baltia focuses on providing cargo service from JFK to St. Petersburg, offering containers, pallets, and block space arrangements. Baltia has passenger service and ground service arrangements at JFK and at Pulkovo II Airport in St. Petersburg.
The Company competes with Finnair, Lufthansa, SAS, KLM, British Airways, Air France, Austrian Airlines and Swissair.
Top 10 Airline Companies To Own In Right Now: PAWS Pet Company Inc (PAWS)
The PAWS Pet Company, Inc., formerly Pet Airways, Inc., incorporated on June 6, 2005, through its wholly-owned subsidiary, Pet Airways, Inc., (Pet Airways) operates an airline designed specifically for transportation of pets. Pet owners can book their pets on flights online at the Company's Website or can book with its agents by phone. Flights can be booked up to three months before the scheduled departure date. Payment for the flights is made with credit card. On the day of the scheduled flight, pet owners drop off their pets at one of the Company's airport facilities located at the departure airport. The Company places the pet passengers into a pet-friendly carrier and then boards the carrier into the main cabin of the aircraft. In February 2012, the Company announced that it had purchased the technology assets of Impact Social Networking, Inc.
The Company's pet passengers fly in the specially equipped main cabin of the Company's aircraft, which is climate-controlled, and supplied with an ample amount of fresh circulating air. Also, the pet attendant constantly monitors the Company's pet passengers for the duration of each flight. The Company offers dedicated routes within the United States with airport facilities that are located away from the main passenger terminals of the aircraft. The Company's airport facilities tend to be located either in or close to the cargo terminals of the airport. The Company carries mainly dogs and cats. The Company can carry pets of all sizes from small dogs and cats weighing less than 15 pounds to dogs that weigh 180 pounds and have maximum height from the ground to shoulder of 34 inches.
Top 10 Airline Companies To Own In Right Now: Baltia Air Lines Inc (BLTA)
Baltia Air Lines, Inc. (Baltia) focuses on providing scheduled air transportation from the United States to Russia and former Soviet Union countries. As of December 31, 2010, the Company�� principal activities included raising capital, obtaining route authority and approval from the Department of Transportation (DOT) and the Federal Aviation Administration (FAA), training crews, and conducting market research to develop the Company's marketing strategy. Baltia operate as a Part 121 carrier, a heavy jet operator airline in the United States. As of December 31, 2010, Baltia conducted the FAA Air Carrier Certification process under Part 121. Baltia has identified the market segments in the United States and Russia market, which include Business Travelers, General Tourism, Ethnic Travelers, Special Interest Groups, Professional Exchanges, and Government and Diplomatic Travel.
Baltia has two registered trademarks, BALTIA and VOYAGER CLASS, and five trademarks are subject to registration. Baltia focuses on providing customer service and reservations centers in New York and in St. Petersburg, to list Baltia's schedules and tariffs in the Official Airline Guide, and provide worldwide access to reservations on Baltia's flights through a major Computer Reservations and Ticketing System (CRS). With the Boeing 747 true wide-body aircraft Baltia focuses on providing cargo service from JFK to St. Petersburg, offering containers, pallets, and block space arrangements. Baltia has passenger service and ground service arrangements at JFK and at Pulkovo II Airport in St. Petersburg.
The Company competes with Finnair, Lufthansa, SAS, KLM, British Airways, Air France, Austrian Airlines and Swissair.
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