Ameriwest Has IPO success
Today, the airline showing a lot of “Love” to the US skies has been successful in it’s initial public offering. Dallas’ own home grown airline Ameriwest Airlines has been raise even more funds to press ahead with its continued rapid expansion.
Even prior to the IPO the airline has acquired over the last few days no less than THIRTEEN more aircraft to its fleet, comprising of 120 seat B727-100 and 180 seat B727-200. The airline has begun 8 new routes aswell as increasing frequencies on a lot of routes across its network. This includes incorporating a 4th base into its network - Denver. The mile high city has long been a successful route from its Dallas/Love and Houston/Hobby hubs , which has prompted the increase in the network into the airport.
From Denver we have started 12 new daily flights 6 airports - 1 to Albequerque, 2 to Atlanta, 3 to Chicago/Midway, 1 to El Paso, 3 to Las Vegas and 2 to Phoenix. Not only this we have added a 4th flight to Dallas and increased Houson to 3 times daily.
We have added new routes from Dallas to Midland(Daily), From Houston to Los Angeles(Daily) as well as increasing routes across our 3 hubs of Chicago, Dallas and Houston. Notable increases include increasing our Midway to Atlanta route from 2 to 5xDaily and Houston to Denver from 1 to 3 times daily
Daily Departures and (Destinations) by our top 5 stations are add follows:
Dallas (Love Field) - 55 (19)
Chicago (Midway) - 29 (8)
Houston (Hobby) - 27 (11)
Denver - 19 (8)
Atlanta - 13 (4)
The way our Chicago hub is set up is the aim of our strategic network, we want to be able to operate at least 3-5 daily flights to each station from either our hubs or other stations on the network. We do not plan to add any further stations to our current 23 station network for the time being, but when we do they again will aim to have at least 3 daily flights there.
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