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Airlines in the news

Two airlines that serve PHL -- and both happen to base their operationis in Atlanta -- are in the news

AirTran Airways is expanding in many places, adding flighs to its Atlanta hub and elsewhere, and announced this morning that it set a one-day record for the number of newly hired employees who showd up for their first day of orientation -- 152. Some of the new hires will be stationed at PHL. AirTran CEO Joe Leonard promised last June that the little airline that's not so little anymore would hire 2,500 people over the next five years,.The company said it's on pace to do that, having hired.800 since last July 1, and now has a total of 8,537 employees.

The second airline, Delta, made its formal exit from Chapter 11 today. The airline has fewer employees, most of whom took pay cuts; the pilots had their pensions reduced; the previous version of Delta common stock was canceled; and many creditors received 62 to 78 cents on the dollar, better than many reorganizations, for what they were owed. On the other hand, the airline is still flying, employees will get some cash and equity, and it revealed a new logo today. Look at the Delta Website later tonight or tomorrow to see how it updated what it calls its "Widget," the delta-shaped symbol that appears next to the name.

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Author

Tom Belden, a former Inquirer business writer, has written about Philadelphia International Airport, airlines, the travel industry, the conventions and meetings business for 25 years. He has traveled to all 50 states and extensively in Europe and Mexico.


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This page contains a single entry from the blog posted on April 30, 2007 5:14 PM.

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