Monthly Archives: November 2007

Day After Halloween Scariness; PBB Posting Update

Whew. Has everyone recovered from Halloween mirth and merriment yet?

Wallstreetone-1

Not sure that was the case on Wall Street today, where things took a decidedly scary turn, with the Dow Jones ending the day down more than 360 points — as the giddyness of yesterday’s rate cut gave way to the more gritty reality of an economy that far from healthy.

Oh, and the price of oil? It closed at $93.49.

Us? We’ve been working on this week’s issue of PlaneBusiness Banter.

Which reminds me. This week’s issue should be posted tomorrow. And yes, hopefully this is our last mega-earnings issue. Yee haw!

Funny thing though. All six airlines we’re talking about in depth this week — posted good earnings for the quarter.

Always nice to talk about that.

All for now. We’ll touch base with you manana.

Fornaro New CEO of AirTran; Leonard Remains as Chairman

Robertfornaro

Less than three months after the airline was swept out of the running for Midwest Airlines by the coalition of TPG and Northwest Airlines, AirTran’s board of directors yesterday appointed Bob Fornaro CEO.

Fornaro succeeds Joe Leonard, who will remain with the airline as Chairman of the Board.

Bob is the long-time second banana at AirTran, having most recently served as its President and COO. Fornaro first came to AirTran at Leonard’s urging in March of 1999.

Ticker: (NYSE:AAI)

Technorati Tags: , , ,