Northwest Airlines Selling Off Nine A319s | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 10.12.17

Airborne 10.16.17

Airborne 10.17.17

Airborne 10.18.17

Airborne 10.12.17

Airborne 10.13.17

Airborne-Unmanned 10.17.17

Airborne-YouTube

AMA 10.12.17

Airborne 10.16.17

Airborne 10.17.17

Airborne 10.18.17

Airborne 10.12.17

Airborne 10.13.17

Airborne-Unmanned 10.17.17

NEW!!! 2017 AirVenture Innovation Preview -- YouTube Presentation / Vimeo Presentation

Thu, Jul 12, 2007

Northwest Airlines Selling Off Nine A319s

Also Announces Management Shakeup

Saying the decision is part of its debt and lease restructuring efforts, Northwest Airlines said Tuesday it had reached an agreement to sell nine of its Airbus A319s... some of the newest planes in its fleet.

"The process for closing each of these sales is underway," said Northwest spokesman Darren Shannon. According to the Minneapolis Star Tribune, he refused to identify a buyer or name a purchase price and linked the deal to the carrier's "successful debt and lease restructuring efforts while in Chapter 11."

As ANN has reported, it hasn't been easy being Northwest lately. Last month crew shortages forced the cancellation of 12 percent of its schedule. The carrier also plans to cut flights and perhaps hire more pilots to prevent future pilot shortages, according to Bloomberg.

NWA pilot's union told reporters it was concerned about the decision, which leaves the carrier with 56 A319s.

"Northwest needs the revenue that could be gained by using these fuel-efficient aircraft," Monty Montgomery, a spokesman for the Northwest branch of the Air Line Pilots Association (ALPA), said. The planes could still be flown "under our current contract with sufficient [pilot] staffing."

Tim Rainey, Northwest's senior vice president overseeing flight operations, notified ALPA in March about plans to phase out the A319s, as well as thin its number of geriatric DC-9s from 115 to 93, according to the union. The carrier has yet to decide upon a replacement aircraft.

ALPA's negotiations committee said in early April, "It makes little sense to us that, in the profit making environment Northwest is now in, this management team is making decisions that limit those profits by selling 319s and not using [company] owned DC-9s."

The carrier wouldn't say which cities would be affected by the cuts in the fleet, according to the Tribune.

It's unclear at this point if this decision has anything to do with the executive shakeup in its airport affairs and finance departments announced Wednesday.

The carrier said two executive appointments would result from an apparent surprise re-retirement of a "key" executive who was instrumental in the design and construction of nearly $3 billion of facilities, including the 125-gate Northwest WorldGateway Terminal at Detroit Metro Airport, and in restructuring the airline's real estate portfolio in bankruptcy.

Jim Greenwald, vice president of facilities and airport affairs, has elected to retire, again, effective July 31. He rejoined NWA in December 2005 to assist the company in its restructuring efforts after having previously retired in early 2005.

Barry Hofer, vice president of financial planning & analysis, will replace Greenwald and will be responsible for negotiation of all airport leases, corporate real estate, and worldwide design and construction programs.

Managing Director of Financial Planning and Analysis Terry Mackenthun, has been named vice president of financial planning & analysis, succeeding Hofer.

Northwest projected in a bankruptcy court filing earlier this year flying done by regional partners is expected to grow rapidly, by at least 16.9 percent a year, the carrier said.

NWA subsidiaries, Mesaba and Compass airlines, will reportedly operate 36 new 76-seat regional jets each.

"You are going to see movement from 100- to 130-seat jets down to the new 76-seat jets that they just started receiving," senior research analyst at Thrivent Investment Management Bill Hochmuth said.

"Passengers better get used to flying in regional jets."

FMI: www.nwa.com

Advertisement

More News

RFP: ANN Seeking New Site/Facility For Major Studio Upgrade

It's Official: Aggressive Upgrades For New Airborne Programs WILL Require New Digs It's been in development for years, but we're getting to a point where we think we can pull off s>[...]

AMA Drone Report 10.12.17: NTSB--Drone v Blackhawk, City Drops Reg, DJI Privacy

Also: PassengerDrone, FAA Reauthorization Extension, UAS Pilot Certification, Workhorse Surefly The NTSB is now offering public details of the alleged collision between a hobby dro>[...]

Airborne 10.16.17: NBAA2017, Scaled Model 401, Hot-Air Balloon Safety Program

Also: Drone Security, Fighting Privatization, Frontier Pilots, Commercial Space, Twin Otter, AeroVironment, Honeywell The NBAA claims that its 2017 NBAA-BACE event was an all-aroun>[...]

Airborne-Unmanned 10.17.17: Eagles v Drones, DJI AeroScope, Drone Policy

Also: AeroVironment Award, Washington State Patrol, Altavian Nova UAS, Robotaxis The French Military is training four Golden Eagles to attack drones in flight as a way to defend ag>[...]

Airborne 10.17.17: Waco YMF-5F Flies!, SpaceX Streak, BBJs Rule

Also: Embraer, Aero-Calendar, AeroVironment, Sikorsky Heli's, EASA Singapore, FireFighting UAV, WestJet The amazing craftsman of the Waco Classic Aircraft operation in Michigan hav>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC