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US, UK investigate airlines price fixing
YAHOO
Reuters - U.S. and UK authorities have launched an
investigation into alleged cartel activity over passenger
ticket pricing by British Airways and other airlines, BA said
on Thursday.
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UK and US launch probe into airlines pricing
YAHOO
Reuters - Britain's Office of Fair Trading (OFT)
and the U.S. Department of Justice are investigating alleged
cartel activity involving British Airways Plc (BA) and
other airlines, BA said on Thursday.
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Jet And Sahara Airlines Fight It Out In Court
AHN
The Jet Airways and Air Sahara deal only seems to get more and more complicated each day. In a new dramatic turn of events, Air Sahara obtained an interim restraining order from a Lucknow court, rendering Jet Airways incapable of withdrawing 500 crore rupees from an escrow account....
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Southwest Airline To Test Pre-Allotted Seating System
AHN
In a bid to cut the boarding and unloading time of passengers, Southwest Airlines Co. plans to give a pre-allotment seating system a try. The trial will begin July 10 with the airline's San Diego flights.
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Delta Requests Pilot Pension Plan Termination
AHN
In a letter sent to a political official Friday, Delta Airlines Inc. CEO reveals plans to terminate pilot's pension plans effective September 2. Reports call this move "not unexpected." Delta filed for Chapter 11 Bankruptcy protection in September, 2005 and must cut about $3 million in costs...
Sources: AHN
Airbus Feels Swift Backlash After Announcing Delivery Delays
AHN
Airlines eagerly awaiting the new Airbus A380 superjumbo, are reacting swiftly against the announcement that deliveries of the world's largest passenger airliner will be delayed. Critics of the giant jet are touting the production line problems which forced the delay as an indicator that...
Sources: AHN
Sources: AHN
Sources: YAHOO
United Airlines Cuts 1,000 Jobs
AHN
In an effort to reduce costs, United Airlines CEO Glenn Tilton stated that the company will be eliminating 1,000 salaried and management jobs by the end of this year.
Sources: AHN
Northwest flight attendants reject labor contract
YAHOO
Reuters - Flight attendants at bankrupt Northwest
Airlines rejected what they called a "harsh and
overreaching" labor contract that would have saved the airline
$195 million annually, the workers' union said on Tuesday.
Sources: YAHOO
Continental sees fuller planes, hedges fuel
YAHOO
Reuters - Continental Airlines said on
Monday it expects its planes to be fuller in the second
quarter, compared with a year ago, and said a quarter of its
fuel requirements for the period were hedged at prices below
current market rates.
Sources: YAHOO
Big US airlines fly fewer planes, stage recovery-WSJ
YAHOO
Reuters - The six largest U.S. airlines,
hammered by five years of brutal losses, have streamlined their
fleets and are flying far fewer planes, helping them stage a
recovery as they focus on profitability, The Wall Street
Journal report on Monday.
Sources: YAHOO
Sources: YAHOO
Japan Airlines to join oneworld alliance
YAHOO
Reuters - Japan Airlines (9205.T) will join
oneworld, the airline alliance led by British Airways Plc
and American Airlines Inc, in early 2007, the carriers
said on Sunday.
Sources: YAHOO
Delta pilots ratify contract: sources
YAHOO
Reuters - Pilots at Delta Air Lines Inc.
have voted to approve a new contract with the
company, clearing one major hurdle in the bankrupt carrier's
restructuring plan, sources familiar with the situation said on
Wednesday.
Sources: YAHOO
Air China Signs With Star Alliance
AHN
Chinas premier airlines, Air China Ltd has joined Star Alliance, after signing a memorandum of understanding (MOU) on Tuesday, China Daily reported.
Reacting on Air Chinas move to join Star Alliance, the CEO of world's...
Sources: AHN
Malaysia Airlines To Trim 5,000 Jobs
AHN
Malaysia Airlines said Monday that it expects to trim up to 5,000 jobs and spend a maximum of 850 million ringgit (US$236 million) in compensation packages as part of its plan to return to profitability next year.
The national...
Sources: AHN
Union reaches tentative deal with Northwest
YAHOO
Reuters - A machinists union on Friday said it
has reached a tentative agreement with Northwest Airlines Corp.
Sources: YAHOO
American Air CEO says cost cuts are top priority
YAHOO
Reuters - The key to survival in a turbulent
airline industry is to be always on the lookout for
cost-cutting opportunities and to aggressively tweak the
business plan when needed, said American Airlines' Chief
Executive Gerard Arpey on Wednesday.
Sources: YAHOO
Older planes soaking up sun in desert
YAHOO
Reuters - Most of the 2,000 jets parked by
airlines and other aircraft owners in the western
Sources: YAHOO
Northwest Pilots Accept Dramatic Pay Cut To Keep Company Flying
AHN
Pilots at Northwest Airlines have accepted a contract that includes a dramatic pay cut, in an effort to keep the airline from bankruptcy.
Northwest's president and CEO, Doug Steenland, explains, "With today's vote, our pilots and their...
Sources: AHN
Northwest Pilots Accept Pay Cuts
AHN
Northwest Airlines Corp. pilots approved a package of deep pay cuts and other concessions on Wednesday that the bankrupt carrier says it needs to reorganize.
About 63 percent of Northwest's 4,800 pilots voted to approve the pact...
Sources: AHN
Ryanair Named Irish Airline Of The Year
AHN
Joanna Wypior - AHN Staff Reporter
Dublin, Ireland (AHN) European low-cost carrier Ryanair, which has paved the way for affordable travel for airlines worldwide with competitive rates, was named Airline of the Year by the Chambers of Commerce of Ireland at a ceremony in...
Sources: AHN
Sources: YAHOO
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