BTS Releases 2nd-Quarter 2013 Airline Financial Data

Having trouble viewing this email? View it as a Web page.                    BTS 45-13 Monday, September 30, 2013 Contact: Dave Smallen Tel: 202-366-5568         BTS Releases 2nd-Quarter 2013 Airline Financial Data; Largest Airlines Report Larger Net Profit   The largest scheduled passenger airlines reported a net profit of $2.1 billion in the second quarter of 2013, an increase from a profit of $700 million in the second quarter of 2012, the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today in a release of preliminary data.   BTS, a part of the Department’s Research and Innovative Technology Administration, reported that the largest airlines carried 80.4 percent of U.S. airlines’ scheduled service passengers in the second quarter of 2013.  In addition to the Net Income reports, the largest airlines reported a 9.0 percent pre-tax operating profit margin in the second quarter of 2013, up from a 6.0 percent profit margin in the second quarter of 2012.   BTS is reporting numbers for Net Income or Loss as well as for Operating Profit or Loss. These are two different measures of airline financial performance. Net Income or Loss may include non-operating income and expenses, nonrecurring items or income taxes. Operating Profit or Loss is calculated from operating revenues and expenses before taxes and other nonrecurring items.  The largest airlines achieved an operating profit margin - as a group - in each of the last nine quarters. Together, they posted a pre-tax profit of $3.5 billion in the second quarter in contrast to a net profit after taxes of $2.1 billion.  Totals for All Scheduled Passenger Airlines  Total revenue for all passenger airlines in the second-quarter of 2013 was $41.2 billion. All U.S. passenger airlines collected a total of $871 million in baggage fees and $719 million from reservation change fees from April through June 2013. Fees are included for calculations of Net Income, Operating Revenue and Operating Profit or Loss.  Total operating expenses for all passenger airlines in the second-quarter of 2013 were $37.5 billion, of which $10.9 billion, or 28.9 percent, was used for fuel costs. See the database for expense and fuel data.  See BTS Airline Financials Release for summary tables and additional data. See Airline Financial Data Press Releases for historic data.  ###   You are subscribed to DOT News for Department of Transportation. This information has recently been updated, and is now available. You are subscribed to DOT email updates. Subscriber Services: Manage Preferences Questions for DOT? Contact DOT  STAY CONNECTED             U.S. Department of Transportation | 1200 New Jersey Avenue, SE | Washington DC 20590 | 202-385-HELP (4357)

BTS Releases July North American Freight Numbers

Having trouble viewing this email? View it as a Web page. BTS 44-13 Friday, September 27, 2013 Contact: Dave Smallen Tel: 202-366-5568 BTS Releases July North American Freight Numbers: Four of Five Modes Carried More U.S. NAFTA Trade in July 2013 than in July 2012  Four of the five transportation modes carried more U.S.-NAFTA trade in July 2013 than in July 2012 as the value of overall U.S. trade with its NAFTA partners rose 6.3 percent from year to year, according to the July North American Free Trade Agreement (NAFTA) freight data released today by the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation.             BTS, a part of the Department’s Research and Innovative Technology Administration, reported that pipelines showed the most year-to-year growth at 25.0 percent. The increase in freight carried by pipelines reflects the rise in prices for oil and other petroleum products, the primary commodity transported by pipelines.  Truck, which carries three-fifths of U.S.-NAFTA trade, rose 5.3 percent while rail rose 4.5 percent and air grew 6.3 percent. Vessel was the only mode showing a decrease, 0.3 percent.  U.S.-Canada trade by pipeline, of which 83 percent was imported, increased the most of any mode from July 2012 to July 2013, growing 24.2 percent. U.S.-Canada pipeline trade comprises 95 percent of total U.S. NAFTA pipeline trade. Vessel trade decreased by 0.2 percent.  For freight flows with Canada in July, trucks carried 53.9 percent of the $49.9 billion of the freight, followed by rail at 15.5 percent, pipelines at 14.8 percent, vessel at 5.3 percent and air at 4.4 percent. The surface transportation modes of truck, rail and pipeline carried 84.2 percent of the total U.S.-Canada freight flows.  U.S.-Mexico trade by pipeline, of which 95 percent was exports, increased the most of any mode from July 2012 to July 2013, growing 43.8 percent. U.S.-Mexico pipeline trade comprises 5 percent of total U.S. NAFTA pipeline trade. Vessel trade decreased by 0.3 percent.  For freight flows with Mexico in July, trucks carried 65.3 percent of the $43.2 billion of the freight, followed by vessel at 14.1 percent, rail at 13.5 percent, air at 2.9 percent and pipelines at 0.8 percent. The surface transportation modes of truck, rail and pipeline carried 79.6 percent of the total U.S.-Mexico freight flows.   See BTS Transborder Data Release for summary tables, state rankings and additional data. See North American Transborder Freight Data  on the BTS website for additional data for surface modes since 1995 and all modes since 2004.            ###   You are subscribed to DOT News for Department of Transportation. This information has recently been updated, and is now available. You are subscribed to DOT email updates. Subscriber Services: Manage Preferences Questions for DOT? Contact DOT  STAY CONNECTED             U.S. Department of Transportation | 1200 New Jersey Avenue, SE | Washington DC 20590 | 202-385-HELP (4357)

BTS Releases July Passenger Airline Employment Data

Having trouble viewing this email? View it as a Web page. BTS 43-13 Thursday, September 26, 2013 Contact: Dave Smallen Tel: 202-366-5568  BTS Releases July Passenger Airline Employment Data; July 2013 Employment Down 2.6 Percent from July 2012  U.S. scheduled passenger airlines employed 381,070 workers in July 2013, 2.6 percent fewer than in July 2012, the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today. July was the 11th consecutive month that full-time equivalent (FTE) employment for U.S. scheduled passenger carriers was below that of the same month of the previous year.  BTS, a part of the Department’s Research and Innovative Technology Administration, reported that the July 2013 FTE total for scheduled passenger carriers was 10,216 fewer than in July 2012. Scheduled passenger airline categories include network, low-cost, regional and other airlines.   The 2.6 percent decline in FTEs in July 2013 from July 2012 may, in part, be due to two factors.  First, American Airlines, the industry’s third largest employer, filed for bankruptcy in November 2011 and reduced FTEs by 8.0 percent year-to-year. Second, network carriers have experienced increased fuel costs and have reduced contracts with the regional airlines that operate less fuel-efficient regional jets.  Regional airline employment is down 6.3 percent year-to-year.  The five network airlines that collectively employ two-thirds of the scheduled passenger airline FTEs reported 2.8 percent fewer FTEs in July 2013 than in July 2012, the 12th consecutive month with a decline from the same month of the previous year. Delta Air Lines reduced FTEs by 4.1 percent from July 2012, American Airlines by 8.0 percent from July 2012 and United Airlines by 0.1 percent. US Airways reported 2.5 percent more FTEs, while Alaska Airlines increased FTEs by 3.8 percent from July 2012. Network airlines operate a significant portion of flights using at least one hub where connections are made for flights to down-line destinations or spoke cities.  Of the six low-cost carriers, three - Spirit Airlines, Allegiant Airlines and JetBlue Airways - reported an increase in FTEs from July 2012 while three - Frontier Airlines, Southwest Airlines and Virgin America - reported a decline. Low-cost airlines operate under a low-cost business model, with infrastructure and aircraft operating costs below the overall industry average.  See Passenger Airline Employment press release for summary tables and additional data. Historical employment data can be found on the BTS web site.  -end-   You are subscribed to DOT News for Department of Transportation. This information has recently been updated, and is now available. You are subscribed to DOT email updates. Subscriber Services: Manage Preferences Questions for DOT? Contact DOT  STAY CONNECTED             U.S. Department of Transportation | 1200 New Jersey Avenue, SE | Washington DC 20590 | 202-385-HELP (4357)

BTS Releases June 2013 U.S. Airline Traffic Data

Having trouble viewing this email? View it as a Web page.                                                             BTS 42-13 Tuesday, September 24, 2013 Contact: Dave Smallen Tel: 202-366-5568   BTS Releases June 2013 U.S. Airline Traffic Data; System Passengers Up 0.7% from June 2012   The U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that U.S. airlines carried 67.1 million systemwide (domestic + international) scheduled service passengers in June 2013, 0.7 percent more than in June 2012. The systemwide increase was the result of a 0.1 percent increase in the number of domestic passengers (58.0 million) and a 4.4 percent increase in international passengers (9.1 million).    BTS, a part of the Department’s Research and Innovative Technology Administration, reported that U.S. airlines carried 0.5 percent more total systemwide passengers during the first six months of 2013 (365.7 million) than during the same period in 2012. Domestically, U.S. airlines carried 317.8 million passengers, 0.2 percent more than 2012. Internationally, they carried 47.9 million passengers, up 2.4 percent from 2012. See Tables 2, 8 and 14 of Air Traffic Press Releases for previous-year data.  The June 2013 systemwide load factor of 87.0 percent, the domestic load factor of 87.0 percent and the international load factor of 86.8 percent were all record highs for the month of June as year-over-year growth in revenue passenger-miles exceeded both domestic and international capacity expansion. Load factor is a measure of the use of aircraft capacity that compares Revenue Passenger-Miles (RPMs) as a proportion of Available Seat-Miles (ASMs).  Top Airlines  In June, Delta Air Lines carried more system passengers than any other U.S. airline.  Southwest Airlines carried the most domestic passengers, while United Airlines carried the most international passengers. The top 10 U.S. airlines in terms of number of passengers carried 80.6 percent of systemwide passengers, up from 80.0 percent carried by the U.S. airlines that were in the top 10 in June 2012.  See Air Traffic Release for summary tables and additional data. Additional traffic data can be found on the BTS Airlines and Airports page.  Click on a link in the Quick Links box on the right.  For more historical data, see Traffic on the BTS website.   ### You are subscribed to DOT News for Department of Transportation. This information has recently been updated, and is now available. You are subscribed to DOT email updates. Subscriber Services: Manage Preferences Questions for DOT? Contact DOT  STAY CONNECTED             U.S. Department of Transportation | 1200 New Jersey Avenue, SE | Washington DC 20590 | 202-385-HELP (4357)

PT6A Engines to Power Agricultural Aircraft Converted by Cascade

Pratt & Whitney Canada Other Recent News | Printer Friendly Version

September 13, 2013

PT6A Engines to Power Agricultural Aircraft Converted by Cascade Operators will be able to upgrade to PT6A turbine engine power and reliability and benefit from P&WC's Global Service Network

LONGUEUIL, QUEBEC--(Marketwired - Sept. 13, 2013) - Pratt & Whitney Canada (P&WC) has signed a five-year agreement with Cascade Aircraft Conversions, LLC. to provide PT6A engines for agricultural operators who elect to upgrade their aircraft engines. P&WC is a United Technologies Corp. company (NYSE:UTX). Under the agreement, P&WC will supply PT6A-11AG, -15AG and -34AG engines for conversions that are accompanied by the installation of the Cascade Pressure Cowl. This airframe modification optimizes airflow to the engine while maintaining the filtering capabilities required on agricultural aircraft. "This conversion program provides operators of mature aircraft the opportunity to upgrade to PT6A turbine engine power and reliability, and increase productivity, while benefiting from P&WC's world-class aftermarket support," said Denis Parisien, Vice President, General Aviation, P&WC. "We are delighted to be able to offer PT6 engines to our customers," said Doran Rogers, Chief Executive Officer of Cascade Aircraft Conversions, noting that there has been growing demand from agricultural operators for his company to offer PT6A engine conversion services. "With P&WC's legendary support and service and the proven performance enhancement of the Cascade Pressure Cowl, we have a home run on our hands!" Rogers added that the agreement is particularly timely as P&WC is celebrating the 50th anniversary of the PT6 engine this year. The PT6 engine was P&WC's first small gas turbine engine and has continued to evolve with customer needs through the application of innovative technology. Since the PT6 engine was first launched, the P&WC team has consistently injected new technologies with each new version, redefining the possibilities of flight, making single-engine Instrument Flight Rules (IFR) revenue flights possible and propelling the industry forward. Known around the world for its reliability and durability, the PT6 has captured more than 130 applications for the General Aviation market, including business, commuter, utility, helicopter and trainer aircraft. With more than 52,000 engines produced and more than 390 million hours flown over the past 50 years, the PT6 is the world's most popular engine in its class. Compared to the first PT6A model, today's family is up to four times more powerful, with a 40% better power-to-weight ratio and up to 20% better specific fuel consumption (SFC). About Cascade Aircraft Conversions Cascade Aircraft Conversions is a diverse multi-faceted total aircraft rebuild and refurbishing company in addition to its aircraft conversion offerings. Located in Washington State, Cascade has been serving the agricultural aviation industry nationally and internationally for more than 35 years. About Pratt & Whitney Canada Founded in 1928 and a global leader in aerospace, P&WC is shaping the future of aviation with dependable, high-technology engines. Based in Longueuil, Quebec (Canada), P&WC is a wholly-owned subsidiary of United Technologies Corporation (UTC). UTC is a diversified company that provides a broad range of high-technology products and services to the global aerospace and building systems industries. Notes to Editors - Follow us on Twitter (hyperlink: https://twitter.com/pwcanada) to receive our latest news and updates

CONTACT INFORMATION:

Kathy Roberge Senior Advisor, Marketing Communications +1 514-244-2531 kathy.roberge@pwc.ca @kathy_pwc www.pwc.ca or Annick Lambert Manager, Business & Marketing Communications +1 514-221-6337 annick.lambert@pwc.ca @Annicklambert www.pwc.ca

INDUSTRY: Aerospace and Defense - Aircraft, Aerospace and Defense - Electronics and Communications, Aerospace and Defense - Space, Transportation and Logistics - Air Freight

National Recovery Month – September 2013

Having trouble viewing this email? View it as a Web page. National Recovery Month - "Together on Pathways to Wellness"   National Recovery Month (Recovery Month) is a national observance that educates Americans on the fact that addiction treatment and mental health services can enable those with a mental and/or substance use disorder to live a healthy and rewarding life. The observance’s main focus is to laud the gains made by those in recovery from these conditions, just as we would those who are managing other health conditions such as hypertension, diabetes, asthma, and heart disease. Recovery Month spreads the positive message that behavioral health is essential to overall health, prevention works, treatment is effective, and people can and do recover. Recovery Month, now in its 24th year, highlights individuals who have reclaimed their lives and are living happy and healthy lives in long-term recovery and also honors the prevention, treatment, and recovery service providers who make recovery possible. Recovery Month promotes the message that recovery in all its forms is possible, and also encourages citizens to take action to help expand and improve the availability of effective prevention, treatment, and recovery services for those in need.   For more information, please follow this link: http://www.recoverymonth.gov   You are subscribed to DOT email updates. Subscriber Services: Manage Preferences Questions for DOT? Contact DOT  STAY CONNECTED           U.S. Department of Transportation | 1200 New Jersey Avenue, SE | Washington DC 20590 | 202-385-HELP (4357)