Lumina Copper Corp.

Published : September 11th, 2014

US airlines improve their on-time performance

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US airlines improve their on-time performance

DALLAS (AP) -- At the height of this summer's travel season, airline flights were more likely to arrive on time and less likely to be canceled than they were last year.

The improvement in airline performance in July was a welcome break for travelers. Over the first six months of 2014, delays were the highest since 2008 and cancelations the highest since 2000.

The U.S. Department of Transportation said Wednesday that among 14 of the largest airlines, 75.6 percent of flights arrived on time in July, up from 73.1 percent in July 2013 and from June 2014's 71.8 percent rate.

The airlines covered by the report canceled 1.6 percent of their trips, down from 1.7 percent a year earlier and 2 percent in June.

The best for arriving on time were Hawaiian, Delta and Alaska, all above 84 percent.

At the bottom of the rankings: JetBlue Airways and Southwest Airlines, with nearly one in three flights arriving late.

JetBlue spokesman Morgan Johnston said the airline was making better use of spare planes and adjusting staffing in its operations center to handle delays during summer thunderstorms. He said the airline's August numbers, not yet released by the government, were better.

Southwest had a pattern of consistently late arrivals on many routes. According to the government, Southwest ran late more than half the time in May, June and July on three short daily flights — a 6 p.m. Houston-Dallas trip, a 7:45 p.m. flight from Los Angeles to San Francisco, and a 9 p.m. Las Vegas-Phoenix flight. No other airline had any flights that were tardy so often for so long.

Another 108 Southwest flights regularly ran late for two straight months. No other airline had more than six such chronically delayed flights.

Southwest has struggled to fly on time since tightening its schedule in August 2013. Senior vice president of operations Greg Wells said that the airline thought it could boost revenue by adding 16 planes' worth of new flights without increasing the fleet.

"We gave it our best shot," Wells told reporters this week. "The combination of weather, higher load factors (fuller planes) and things like that just caused our on-time performance to plummet."

Wells said the airline "stopped the bleeding" by focusing on starting morning flights on time, putting more time between connecting flights, and allowing more time to unload and load planes. Since Aug. 24, he said, the airline has been running at 84 percent on-time.

The Department of Transportation said that two flights in July — one by Spirit Airlines and another by US Airways — were stuck on the tarmac longer than the allowed three hours. The airlines could face fines.

There were 10 reports of pets that were lost, injured or died during flights, down from 11 in June. That only covers pets that were accompanied by their owners. Beginning Jan. 1, the Department of Transportation will require airlines to report deaths of cats and dogs that are shipped by breeders too.

___

The full report: http://1.usa.gov/1rWFNM9

Contact David Koenig at https://www.twitter.com/airlinewriter

Read the rest of the article at sg.finance.yahoo.com

Lumina Copper Corp.

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CODE : LCC.V
ISIN : CA55025N1042
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Lumina Copper is a copper exploration company based in Canada.

Its main exploration properties are TACA TACA and SAN JORGE in Argentina.

Lumina Copper is listed in Canada. Its market capitalisation is CA$ 228.5 millions as of today (US$ 208.8 millions, € 157.2 millions).

Its stock quote reached its lowest recent point on November 14, 2008 at CA$ 0.30, and its highest recent level on August 21, 2014 at CA$ 10.00.

Lumina Copper has 22 850 000 shares outstanding.

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Annual reports of Lumina Copper Corp.
2008 Annual report
Financings of Lumina Copper Corp.
10/9/2012Announces Update of Strategic Review and $23.75 Million Fina...
Nominations of Lumina Copper Corp.
2/10/2012Appoints Corporate Secretary and General Counsel
6/9/2011Announces Shareholder and Court Approval of Arrangement wit...
Project news of Lumina Copper Corp.
5/17/2011(Taca Taca)Intersects 310 Meters Grading 1.06% Copper Equivalent in Twi...
4/8/2011(Taca Taca)Intersects 318 Meters Grading 0.95% Copper Equivalent at Tac...
1/6/2011(Taca Taca)Intersects 244 Meters Grading 1.36% Copper Equivalent, Inclu...
8/9/2010(Taca Taca)Starts Drill Program at Taca Taca Copper/Gold/Molybdenum Pro...
4/7/2010(Taca Taca)Initiates Comprehensive Exploration Program at Taca Taca Cop...
Corporate news of Lumina Copper Corp.
11/9/2014American Airlines crew reject union contract
11/6/2014Hawaiian tops US airlines at on-time arrivals
10/28/2014American, US Airways merging mile programs in '15
10/23/2014Fuel costs ease, US airline profits soar
10/23/2014American Airlines posts record 3Q profit
10/20/2014US airlines raise base fares on domestic flights
10/20/2014American, US Airways complete cargo combination
10/9/2014Hawaiian, Delta lead in on-time flight arrivals
10/8/2014American and US Airways see more empty seats
9/29/2014Reasons Why Greenblatt and Simons Are Betting on Southwest A...
9/29/2014Airlines look for an edge in weather-radar systems
9/24/2014Deer are pests for airports, threats to pilots
9/19/2014Flight attendants reach tentative deal with AA
9/18/2014After record profits, airlines keep adding jobs
9/16/2014American Airlines agents approve union
9/11/2014US airlines improve their on-time performance
9/10/2014Hawaiian, Delta lead airlines in on-time arrivals
9/9/2014Traffic nearly flat on American and US Airways
9/3/2014Airlines among strongest stocks in 2014
8/29/2014American Airlines fares back on Orbitz after deal
6/17/2013Confirms Disclosure Record
4/23/2013Issues 20,000 Common Shares
4/9/2013(Taca Taca)Announces Positive Result Of Preliminary Economic Assessment...
12/11/2012Announces Grant of Options
9/7/2012Announces Amendment to Loan from Lumina Capital Limited Part...
9/6/2012Announces Acquisition of Mineral Concession
6/15/2012Announces Strategic Review Process
5/17/2012provides comment on recent share price movement and a corpor...
7/30/2011and Lumina Royalty Announce Filing of Amended and Restated C...
7/6/2011(Taca Taca)Intersects Exceptional Copper Grades at Taca Taca Copper-Gol...
6/15/2011Announces June 16, 2011 as Effective Date for Arrangement w...
5/10/2011Announces Definitive Arrangement Agreement with Lumina Royal...
3/25/2011to Reorganize Into Two Companies: Lumina Copper Corp. and Lu...
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