United Airlines traffic declines in November
AP - Wed Dec 3, 6:29 pm ESTUnited Airlines said Wednesday that traffic fell even faster in November than the airline had cut capacity as all carriers struggle with a drop-off in travel.
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United Airlines said Wednesday that traffic fell even faster in November than the airline had cut capacity as all carriers struggle with a drop-off in travel.
GLOBAL IMPACT: As consumers cut out big trips, hotels around the world are seeing declines in occupancy.
Among the earnings projection stories for Tuesday, Dec. 2, from AP Financial News: Top stories: WASHINGTON -- General Electric Co. says it expects fourth-quarter earnings to be near the low end of its previous guidance.
NEW YORK----NIIT Technologies Ltd, the global IT services provider headquartered in New Delhi, announced 3 senior appointments to its Insurance and Travel management teams. These new roles will further spearhead NIIT’s revenue growth in key vertical practices and enhance client service delivery.
CHICAGO (AP) - The chief financial officer of Chicago-based UAL Corporation says United Airlines would be willing to cut more capacity to get profitable but doesn't believe it will need to do so.
Airline executives were surprisingly upbeat about the future Tuesday, despite an officially recognized recession, falling demand for air travel and assorted other ills.
Shares of United Airlines parent UAL Corp. fell sharply on Monday as it disclosed plans for a $200 million stock sale. The whole airline sector was down on recession news, but UAL was down 20.5 percent, falling $2.31 to $8.94 Monday.
Delta Air Lines said yesterday that systemwide capacity for both it and new subsidiary Northwest Airlines will be down 6%-8% in 2009, comprising a 3%-5% international cut and an 8%-10% domestic reduction.
Qantas Airways Ltd., United Airlines and Virgin Blue Holdings Ltd. ’s V Australia, which will start flying the trans- Pacific in February, will remain the only carriers on the route, the paper said.
Dewey Corn has attended 389 consecutive N.C. State football games. Dewey Corn, an alumnus, never set off to accumulate a streak of this magnitude. But good health, good fortune and unwavering loyalty kept the 85-year-old High Point resident on track.
ASPEN - It appears that competition between airlines and economic uncertainty have resulted in good deals for tourists coming to Aspen.