Business: Airline/Airplane Industry

DOT says more flights were on time in May

AP - Thu Jul 9, 5:04 PM ET

WASHINGTON - U.S. airlines have cut many flights and they are getting better at staying on schedule with their remaining flights, as more trips arrived on time in May than a year earlier.

  • Comair expects to furlough up to 100 pilots AP - Thu Jul 9, 1:35 PM ET

    CINCINNATI - Comair says it expects to furlough up to 100 additional pilots between September and the end of the year in the wake of parent company Delta Air Lines Inc.'s decision to make service cuts.

  • Traffic drop doesn't worry Atlanta airport boss AP - Wed Jul 8, 4:51 PM ET

    ATLANTA - The world's busiest airport doesn't believe declining traffic, financial challenges and concerns raised in the past by its main tenant will scuttle an ongoing project to build a new international terminal, a top airport official said Wednesday.

  • Airline traffic fell again in June AP - Tue Jul 7, 6:18 PM ET

    DALLAS - Airline traffic fell again in June, providing another sign that most carriers are likely to report large financial losses for the second quarter.

  • More layoffs expected at Comair AP - Tue Jul 7, 4:18 PM ET

    CINCINNATI - Comair's president has told workers at the regional airline to expect more layoffs in the wake of parent company Delta Air Lines' announcement that service cuts are coming in September.

  • Southwest, AirTran and Frontier start sales AP - Tue Jul 7, 2:04 PM ET

    DALLAS - Discount carriers Southwest, AirTran and Frontier touched off a round of fare sales with prices below $100 on many shorter routes.

  • Airlines defend antitrust-immunity bid AP - Tue Jul 7, 11:04 AM ET

    WASHINGTON - Continental, United and eight other airlines say the Justice Department's opposition to their bid for broad antitrust immunity was based on shortsighted analysis that ignored conditions in the airline industry.

  • Trends & Innovations - Monday Investor's Business Daily - Mon Jul 6, 6:37 PM ET

    At least a couple of airlines are considering replacing some seats on their planes with bar-stool-like stands in a bid to cram in more passengers. Passengers essentially would stand on short flights; they would be strapped into the stools during takeoffs and landings. Spring, a China-based budget carrier, has said replacing all seats on its Airbus A320s with the stools might boost capacity by 40% and slash costs by 20%. Ryanair has said it might take out the last 5-6 rows of seats, put in stools and let passengers in those rows travel for free.

  • US Airways traffic falls 4.1 percent in June AP - Mon Jul 6, 1:34 PM ET

    TEMPE, Ariz. - US Airways Group Inc. said Monday traffic fell 4.1 percent in June as the ongoing recession continued to curb consumers' appetites for air travel.

  • Sector Snap: Airline shares lower AP - Tue Jun 30, 3:34 PM ET

    ATLANTA - Airline shares dropped Tuesday as the broader stock market declined sharply after a private research group said consumer confidence unexpectedly fell in June.

  • Airlines lost $3 billion in first quarter Reuters - Tue Jun 30, 6:05 AM ET

    GENEVA (Reuters) - The world's airlines lost more than $3 billion in the first quarter of 2009, the International Air Transport Association (IATA) said on Tuesday, maintaining its estimate for full-year losses of $9 billion.

  • AMR says it will sell $520.1 million in debt AP - Mon Jun 29, 5:05 PM ET

    FORT WORTH, Texas - American Airlines said Monday it plans to sell $520.1 million in debt to acquire notes secured by 20 aircraft that it owns or plans to buy in the next year.

  • American Airlines gets terms of $433mln loan eased AP - Thu Jun 25, 6:15 PM ET

    FORT WORTH, Texas - American Airlines said Thursday it agreed with lenders to change the terms of a $433 million loan.

  • Frontier Airlines reports $1.1 million May profit AP - Thu Jun 25, 4:05 PM ET

    DENVER - Frontier Airlines Holdings Inc. says it had a net profit of $1.1 million in May, marking the seventh straight month the company has reported gains.

  • A worker dismantles Verified Identity Pass' 'Clear' service kiosks at Logan International airport in Boston, Tuesday, June 23, 2009. Verified Identity Pass, a company that promised to speed passengers through airport security checkpoints for an annual fee, has shut down, leaving some frequent fliers looking for options to avoid long screening lines. (AP Photo/Stephan Savoia)
    Airport security fast-track company shuts down AP - Tue Jun 23, 5:30 PM ET

    NEW YORK - Lois Easton showed up at Denver International Airport expecting her usual quick trip through airport security. Instead, she was turned away as screening machines were dismantled around her.

  • Sector Snap: Airline shares lose more ground AP - Tue Jun 23, 3:22 PM ET

    NEW YORK - Airlines shares lost ground again on Tuesday, as the broader market moved lower.

  • Southwest reservations agents ratify labor pact AP - Tue Jun 23, 2:23 PM ET

    DALLAS - Customer-service and reservations agents at Southwest Airlines have ratified a new contract that gives the workers 3 percent pay raises.

  • Verified Identity Pass shuts down AP - Tue Jun 23, 11:55 AM ET

    NEW YORK - Verified Identity Pass, a company that promised to speed passengers through airport security checkpoints for an annual fee, shuts down, leaving some frequent fliers looking for options to avoid long screening lines.

  • UAL to furlough another 600 flight attendants AP - Mon Jun 22, 5:04 PM ET

    CHICAGO - United Airlines said on Monday it needs to furlough another 600 flight attendants this fall because of the slow economy.

  • Delta: Swine flu will result in $250M revenue hit AP - Mon Jun 22, 1:04 PM ET

    NEW YORK - Delta Air Lines Inc. on Monday said travel demand slowed by the H1N1 virus will result in a $250 million hit to the carrier's revenue this year.

  • FILE - In this Dec. 21, 2008 file photo, travelers queue up at a ticketing counter at Denver International Airport. United Airlines has recently started charging passengers an extra $5 if you pay a $15 baggage charge at the airport instead of online.  (AP Photo/David Zalubowski)
    Airlines add fees, and some fees on top of fees AP - Fri Jun 19, 2:52 PM ET

    MINNEAPOLIS - As if charging $15 to check a bag weren't enough, two airlines are asking for $5 more beginning this summer if you pay at the check-in counter — a fee on top of a fee.

  • Baggage fees at US airlines AP - Fri Jun 19, 2:49 PM ET

    A rundown of baggage fees at major U.S. airlines:

  • The Dassaulkt-made Rafale jet fighter is presented at Le Bourget, north of Paris, during the 48th Paris Air Show, Friday June 19, 2009.  The French presidency commented Friday the progress made in talks with the United Arab Emirates on a multi-billion-dollar deal for the sale of 60 Rafale.(AP Photo/Remy de la Mauviniere)
    Airbus sees bottom of industry slump AP - Fri Jun 19, 12:40 PM ET

    LE BOURGET, France - Airbus CEO Tom Enders was in high spirits on Friday, saying the unexpected crop of orders won at the Paris Air Show shows the heart of the aviation industry is still beating despite the recession.

  • IATA: Premium travel dropped 22 percent in April AP - Tue Jun 16, 6:30 PM ET

    MINNEAPOLIS - More evidence emerged Tuesday that a bad economy pushes passengers to the back of the plane, as a trade group reported that traffic in the high-end airline seats fell 22 percent in April.

  • FAA to propose new rules on airline pilot hours AP - Mon Jun 15, 7:29 PM ET

    WASHINGTON - Obama administration officials said Monday they will propose new limits on how many hours airline pilots can fly in an effort to curb pilot fatigue, an issue safety officials have been urging action on for two decades.

  • The giant Airbus A380 is among other planes displayed during the week long 48th international Paris Air Show at Le Bourget airport. Aviation manufacturers sought Monday to lift the gloom hanging over the recession-hit airline industry, foreseeing better days ahead and announcing new orders at the Paris Air Show.(AFP/Pierre Verdy)
    Plane makers put on brave face at Paris Air Show AFP - Mon Jun 15, 6:06 PM ET

    LE BOURGET, France (AFP) - Aviation manufacturers sought Monday to lift the gloom hanging over the recession-hit airline industry, foreseeing better days ahead and announcing new orders at the Paris Air Show.

  • US Airways seeks 400 flight attendants for leave AP - Fri Jun 12, 5:35 PM ET

    US Airways is asking for 400 flights attendants to volunteer for leaves of up to 16 months, and said involuntary furloughs could be next if there aren't enough takers.

  • Airline passengers could get a 1-2-3 punch AP - Thu Jun 11, 7:32 PM ET

    ATLANTA - Corporate travel and ticket sales of premium seats are down. Overall demand is weak. And fuel prices are rising — again. The one-two-three punch could be bad news for consumers this fall, as airlines face pressure to raise fares or cut more capacity to cover their costs.

  • American Airlines to cut capacity, jobs AP - Thu Jun 11, 7:05 PM ET

    DALLAS - American Airlines said Thursday that advance bookings through late summer are down from last year, and it will cut about 1,600 jobs as it reduces flights to contend with the lower demand.

  • A passenger walks past a Welcome Aboard sign at the Delta Air Lines ticket counter at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, April 15, 2008. REUTERS/Tami Chappell
    U.S. airlines plan further capacity cuts Reuters - Thu Jun 11, 6:26 PM ET

    ATLANTA/NEW YORK (Reuters) - Two major U.S. airlines, Delta Air Lines Inc and American Airlines , will slash capacity this year as the recession erodes travel demand, the carriers said on Thursday.

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