Posts Tagged ‘Atlanta’


[Reuters] Delta Air Lines Inc will buy a Pennsylvania oil refinery from ConocoPhillips for US$150-million, an audacious bid to save money on fuel costs by investing in a sector shunned by many of the biggest oil firms.

Swissport Fueling employee Daniel Berg disconnects the main fuel line after refueling this Delta AirLines jet at Phoenix Sky Harbor International Airport: Jeff Topping/Getty Images

Atlanta-based Delta said the first ever purchase of a refinery by an airline would allow it to cut US$300-million annually from jet fuel costs, which reached US$12-billion last year. It said production at the refinery along with other agreements to exchange refined products for jet fuel would provide 80% of its fuel needs in the United States.

The deal for the idled 185,000 barrel per day Trainer, Pa., refinery, which has puzzled analysts since it first surfaced last month, will come as some relief to politicians and officials, who had feared thousands of lost jobs and a potential summer spike in fuel costs if the plant was shut permanently.

And while the initial investment is no more than a wide-body jet liner, even including an additional $100 million to upgrade the plant to maximise jet fuel production, it will put Delta in the unique position of hoping that the recent rebound in refinery profit margins — normally an indication of added costs for a fuel consumer — doesn’t prove too fleeting.

While Delta will remain hostage to fluctuating crude oil costs, the facility would enable it to save on the cost of refining a barrel of jet fuel….

Read the full Reuters story at Energy…..


May 1, 2012

 

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Qatar Airways plans to start flights to Atlanta, Chicago, Boston and Detroit within the next year, doubling its US network, as the carrier begins receiving Boeing 787 Dreamliners.

“Qatar Airways is in the midst of a very aggressive expansion plan," said CEO Al Baker.

“Qatar Airways is in the midst of a very aggressive expansion plan," said CEO Al Baker.

A daily New York service will also be increased to three flights a day, with the addition of links via cities in Eastern and Western Europe, CEO Akbar Al Baker said yesterday (April 12th) in Montreal. The airline has daily flights to Washington and Houston.

“Qatar Airways is in the midst of a very aggressive expansion plan.”  Mr Al Baker said, “The only thing that stopped us from going earlier is the delayed delivery of the 787s,” he said about the US flights.

The carrier has placed orders for 60 Dreamliners as it works toward boosting its global network to 170 destinations from 113 over three years. Like Dubai-based Emirates Airline and Etihad Airways, the carrier is using a Middle East hub to link markets in Asia, Europe and the Americas.

Qatar Airways also plans to resume services to Rangon, Myanmar in October, Mr Al Baker said. The carrier’s order backlog also includes 60 A350s and 10 A380s made by Airbus SAS.

Read the full Bloomberg story here at Arabian Business News….


By Bloomberg‘s Frederic Tomesco in Montreal
Sunday, 15 April 2012



The new $1.4 billion international terminal at the world’s busiest airport will be a sleek launching pad for millions of passengers that’s designed to help Atlanta grab a growing share of the lucrative market for global travelers.

Image of new airport terminal building

Image of new airport terminal building

Its wavy lines, expansive windows and eye-catching artwork offer a stark contrast to the boxy design of the rest of Hartsfield-Jackson Atlanta International Airport. Airport managers are already expecting an increase in international travelers over the next decade, and they hope the terminal set to open May 16 will convince airlines to route even more of their overseas flights through the city.

“This is America’s new global gateway. It gives international passengers their own facility and it creates a new front door for the airport,” said Al Snedeker, the airport’s spokesman. “And it eases the load on the rest of the facility.”

It was first proposed in 2000 to accommodate the expected surge of international travelers. The airport handled almost 10 million international passengers last year, and the Federal Aviation Administration predicts that number will grow to more than 13 million international passengers by 2015.

The project is the biggest expansion at the airport in more than 15 years. It’s taken four years to build and is so vast workers built a new entrance on a busy interstate highway.

It’s coming to fruition at a time when Atlanta-based Delta Air Lines, the airport’s biggest user, is cutting back slightly on international flights amid rising fuel prices. But neither airport officials nor airline executives expect it to have more than a short-term effect.

Full story here…..


By GREG BLUESTEIN
Bloomberg Businessweek / Associated Press