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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.
Airlines News
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.
Airlines News
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....
Airlines News
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.
Airlines News
Jet Airways Reviews Decision To Buy Sahara Airlines
AHN
Just a day before the Jet Airways deal to buy Sahara Airlines was to be completed, Jet wants a review of the price. The deal which now looks to be over for all practical purposes would have led a sigh of relief for the loss making Sahara Airlines....
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Airlines News 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
Airlines News 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
Airlines News Biman To Introduce E-Ticketing By December 2007
AHN
The Biman Bangladesh Airlines is taking the initiative to introduce an e-ticketing system to provide better service to the customers. The national flag carrier is working to establish effective coordination with the modern airlines across the world and fulfill the requirements of the...
Sources: AHN
Airlines News UAL plans 1,000 job cuts by year's end
YAHOO
Reuters - UAL Corp. , the parent of United Airlines, plans to slash at least 1,000 jobs by the end of this year as part of its overall goal to reduce costs by $400 million, its chief executive said on Wednesday.
Sources: YAHOO
Airlines News 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
Airlines News 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
Airlines News 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
Airlines News 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
Airlines News UAL cost-cutting needed: experts say
YAHOO
Reuters - United Airlines' parent, UAL Corp. , four months out of bankruptcy, must hone its focus on additional cost cuts or risk losing its advantage over airlines currently restructuring under court protection, industry experts say.
Sources: YAHOO
Airlines News 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
Airlines News 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
Airlines News Air China Signs With Star Alliance
AHN
China’s premier airlines, Air China Ltd has joined Star Alliance, after signing a memorandum of understanding (MOU) on Tuesday, China Daily reported. Reacting on Air China’s move to join Star Alliance, the CEO of world's...
Sources: AHN
Airlines News 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
Airlines News 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
Airlines News 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
Airlines News 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
Airlines News 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
Airlines News 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
Airlines News 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
Airlines News Boeing wins order from aircraft leasing firm SALE
YAHOO
Reuters - SALE, an aircraft leasing firm majority-owned by Singapore Airlines and German bank WestLB, has ordered 10 Boeing 737-800 aircraft to be delivered by 2010, the Singapore-based firm said on Tuesday.
Sources: YAHOO
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