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Pennsylvania

Pennsylvania

My take: The impact of the Key Bridge collapse

As the shock began to wear off from the collapse of Baltimore's Francis Scott Key bridge, speculation turned the impact on East Coast ports. Much of the Port of Baltimore will be closed to ships for an extended period after a cargo ship apparently lost propulsion and crashed into the bridge early Tuesday morning. Sadly, several maintenance workers...

Airline notes: American targets upscale travelers; Avelo adds fuel-saving Finets; Frontier offers premium seats

American Airlines has announced orders for 260 new aircraft, including both Boeing Airbus and Embraer regional jets. It's part of America's strategy to increase revenues from first-class domestic and short-haul international seats. “Over the past decade, we have invested heavily to modernize and simplify our fleet, which is the largest and youngest among U.S. network carriers,” said American’s CEO Robert...

Personnel file: March 11, 2024

WSFS names SVPs WSFS Bank announced  that the following 10 Associates from across the organization have been appointed to Senior Vice President positions: Bryan Andersen – SVP, Director of Investment Services  Vince Carango – SVP, Real Estate Strategy Manager Matt Holt – SVP, Senior Counsel  Herb Matter – SVP, Private Banking Senior Relationship Manager  Shaheen Mohajer – SVP, Director, Structured Products  Robert Moore – SVP, Director, Enterprise Data & Applications  Chuck Posnecker – SVP, Senior...

Airline notes: Avelo’s San Juan success; American ups luggage fees, Spirit takes on Southwest at BWI

Avelo Airlines is reporting a successful first 100 days for its Wilmington-San Juan, Puerto Rico route. The airline, which usually does not break out traffic by destination, reported nearly 9,000 customers boarded twice weekly San Juan flights with no cancellations. That's worth noting since airlines often cancel flights with few passengers. Avelo, which has one of the best...

Nemours Children’s Health adds services in agreement with Crozier

Nemours Children’s Health, has agreed to an affiliation with Delaware County, PA neighbor Crozer Health. This affiliation marks a step forward in advancing the Neonatal Intensive Care Unit and pediatric cardiology services for young patients, including newborns requiring specialized care and children with cardiac conditions. This new affiliation will provide patients with access to Nemours’ services, while...

Airline notes: Frontier expands, Jet Blue exits and Bermuda airline arrives at Baltimore-Washington

Baltimore-Washington International Thurgood Marshall Airport is seeing changes in airline service, with Frontier Airlines taking on Southwest and American while Jet Blue says goodbye. While flying to BWI comes with tolls, Delaware business and leisure passengers can sometimes save money, thanks to the presence of discount carriers, the biggest being Southwest. The Texas-based airline has many nonstops out...

Chadds Ford Live site sold to DelawareLive owner

The long-running The Chadds Ford Live hyperlocal news site has been sold to the stable of online properties owned by Delaware Shoprite CEO Chris Kenny and headed by Milford businessman and Delaware State Rep. Bryan Shupe. Emily and Jim Myers have moved to Colorado and opted to sell the site to Kenny, whose other news sites...

Travel note: Alaska Air to acquire Hawaiian Airlines parent in $1.9 billion deal

Alaska Air Group, Inc. and Hawaiian Holdings, Inc. have agreed to Alaska Airlines acquiring Hawaiian Airlines for $18 a share in cash, with a transaction value of approximately $1.9 billion, including debt. Alaska offers a daily nonstop flight to and from Philadelphia and Baltimore-Washington. American also offers a nonstop flight to and from Philadelphia. Hawaiian has Honolulu service...

Sila Services acquires Burns & McBride

Sila Services, LLC has acquired Burns & McBride Home Comfort, New Castle. Founded in 1949, Burns & McBride provides heating and cooling services to residential customers in Delaware, Pennsylvania, and Maryland. Terms of the sale were not announced. "We are excited to welcome the distinctive leaders and world-class team members of Burns & McBride into the Sila Services...

Buccini/Pollin marks 30th anniversary

Wilmington-based developer Buccini/Pollin Group, Inc. is celebrating 30 years in real estate development, management, and operations. The company also introduced a new corporate logo. Since 1993, BPG has developed and acquired hotel, office, residential, retail, and parking properties throughout the United States. What began as a small firm founded by two college football teammates Rob Buccini and Dave Pollin, and...

Wawa announces aggressive expansion into North Carolina

Wawa wants to bridge the gap in stores along the Eastern Seaboard. The convenience store/gas station chain announced an expansion into North Carolina, with eight stores opening next year. Wawa’s initial phase of expansion into North Carolina includes plans to open approximately 80 stores across the eastern region of the state over the next 10-plus years. First stores N. Croatan Hwy. &...

Crozer owner has 270 days to sell troubled health care system

The Crozer Health System has been given 270 days to sell its system, WHYY and other media outlets reported. The agreement with the Commonwealth of Pennsylvania and a Delaware County foundation comes after litigation facing the healthcare system amid continuing cutbacks in services and staff. Crozer is a for-profit system owned by Prospect Medical Holdings. Earlier, ChristianaCare, Delaware's...

Navient pays $700,000 to resolve discrimination claims at non-Delaware job sites

The U.S. Department of Labor has entered into a conciliation agreement with Navient Corp. to resolve alleged hiring discrimination at three sites in Indiana, Pennsylvania, and Texas. Headquartered in Wilmington, Navient services student loans for the U.S. Department of Education. The company’s current student loan contract ends in December 2023. A compliance review by the department’s Office of Federal Contract Compliance Programs found that, from 2017...

Airline notes: American, Piedmont, Frontier & Wilmington Airport parking

In what could be a positive development coming out of the court-ordered break-up of the regional alliance between Jet Blue, American Airlines is moving a key international flight from New York's JFK to Philadelphia and adding more service to Europe next summer. The flight in question goes to and from Doha in the United Arab Emirates and eases...

Signs of an office leasing market turnaround evaporate as apartment conversions continue

The northern Delaware and the Delaware Valley office leasing markets are not seeing signs of a recovery, according to the second quarter reports from CBRE and Newmark. CBRE reported that the office market showed hints of a recovery in 2022, Since then, the market has further softened across all submarkets, leading to a 22.1% overall vacancy rate. Newmark also...
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