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Boeing Co is urging airlines to carry out a major retrofit on over 220 of its 777 jets in the light of a series of potentially dangerous incidents of overheating and chronic structural damage to engine parts, the Wall Street Journal reported.
Struggling Japan Airlines was offered a 1.1 billion dollar lifeline on Thursday from partners led by American Airlines, amid a bidding war with Delta Air Lines for a piece of Asia's biggest carrier.
Southwest Airlines Co. (LUV) said traffic leaped in November as its reduced count of flights flew much fuller. Shares were up 1.6% before the opening bell at $9.66. Through Thursday, the stock had risen 10% in 2009, underperforming the market as a whole.
United Airlines said Thursday that its traffic rose 1.8 percent in November. That plus a smaller fleet added up to planes that were 80.2 percent full.
What's Your Reaction? MSNBC passes along this picture of a slightly awkward situation on an American Airlines flight. Originally reported by Kieran Daly at airline blog FightGlobal.com , the picture was supposedly taken by a worried flight attendant who wanted to ensure that the seating arrangement didn't compromise the safety of the other passengers.
Engineers at Airbus and Boeing are racing against the clock to carry out long-awaited test flights and shore up ventures worth billions of dollars.
American Airlines countered a $1 billion offer of aid for Japan Airlines, escalating a tug-of-war with Delta Airlines and its partners over the Japanese airline.
American Airlines upped the ante in the tug-of-war over Japan Airlines, vowing Thursday to lead a $1.1 billion investment in the struggling carrier to prevent it from falling into the orbit of rival Delta.
United Airlines Nov. Traffic Rises, Capacity Down
American Airlines cut its November flying, so even with a slight drop in demand, its planes were fuller. The nation's second-largest carrier said on Thursday that it cut its capacity 4.2 percent, to 11.92 billion available seat miles, compared with November 2008.
DALLAS -- Southwest Airlines Co. said today that November traffic jumped 11.7 percent over the same month last year, when recession and shock waves in the financial industry were hurting business travel
American Airlines Nov. Traffic, Capacity Declines
American Airlines, the oneworld alliance and private equity firm TPG on Thursday offered to invest 1.1 billion dollars in struggling Japan Airlines (JAL).
American Airlines and its Fort Worth equity partner, TPG, have offered to invest $1.1 billion in the struggling Japan Airlines.
American Airlines, the oneworld alliance and private equity firm TPG on Thursday offered to invest 1.1 billion dollars in struggling Japan Airlines, they said at a Tokyo press conference.
Southwest Airlines Co. announced today that the Company flew 5.9 billion revenue passenger miles in November 2009, an 11.7 percent increase from the 5.3 billion RPMs flown in November 2008.
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