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US Air, Continental shares soar as oil prices drop
YAHOO
Reuters - Shares of US Airways Group Inc.
, Continental Airlines and other carriers jumped
on Monday as the price of crude oil -- directly related to the
price of aviation fuel -- fell sharply after rising to new
highs last week.
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Southwest, Continental revenue soars but fuel looms
YAHOO
Reuters - Southwest Airlines Co. and
Continental Airlines on Thursday both reported
double-digit quarterly revenue gains as planes flew full of
passengers paying higher fares.
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Continental Airlines Reports Higher Revenue
AHN
Continental Airlines Inc., says its first-quarter loss narrowed as higher revenue and cost cuts helped boost its results.
The Houston-based company reported a loss of $66 million, or 76 cents per share, for the three months ended March 31...
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Southwest Airlines earnings up, fuel costs rise
YAHOO
Reuters - Southwest Airlines Co. on
Thursday barely eked out a quarterly profit gain as higher
energy prices squeezed the discount carrier's costs despite
having the industry's strongest fuel hedging position.
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Continental Airlines quarterly loss narrows
YAHOO
Reuters - Continental Airlines on
Thursday posted a narrower quarterly loss as labor cost cuts
and higher revenues offset soaring fuel prices.
Sources: YAHOO
Sources: AHN
Sources: AHN
American Airlines quarterly loss narrows
YAHOO
Reuters - Leading U.S. carrier American Airlines
Inc. on Wednesday reported a narrower quarterly loss that
handily beat forecasts as rising fuel prices were partially
offset by increasing revenue.
Sources: YAHOO
US airline shares slump as oil pierces $70 level
YAHOO
Reuters - Shares in AMR Corp. , JetBlue
Airways Corp. and Continental Airlines all
slid more than 5 percent on Monday, leading a decline in
airline stocks on concern about crude oil prices breaking the
$70 barrier.
Sources: YAHOO
Sources: AHN
Delta and pilots reach tentative agreement
YAHOO
Reuters - Delta Air Lines on Friday
reached a tentative agreement with its pilots, ahead of a
scheduled ruling by an independent arbitration panel, according
to a source familiar with the matter.
Sources: YAHOO
Sources: YAHOO
Sources: YAHOO
Bangladesh Postpones Aircraft Purchase Plan for Biman
AHN
Bangladesh government has postponed a plan to purchase 13 new aircraft for Biman Bangladesh Airlines due to fund crisis and instead took a decision to find out a strategic partner for the survival of the loss-making national...
Sources: AHN
Biman Reroutes Dhaka-NY Flight
AHN
Biman Bangladesh Airlines reroutes its Dhaka-New York flight in a last-ditch effort to end a perennial financial loss.
Aiming at halving the weekly loss around $49,295 in operating the Dhaka-Dubai-Brussels-New York flight,...
Sources: AHN
Airline Merger Plan Moving Ahead In India
AHN
Considering their aging fleets and stiff competition from international carriers, Indian Airlines Ltd. and Air India Ltd. have decided to merge.
The Indian government has initiated the process for the merger of two state-run carriers...
Sources: AHN
International Air Travel Traffic On The Increase
AHN
Joanna Wypior - AHN Staff Reporter
Geneva, Switzerland (AHN) International air traffic has grown in recent months, peaking by 6.8 percent in February, traditionally one of the slowest months of the year for airlines, according to industry officials.
Reports show the Middle East as one...
Sources: AHN
Sources: YAHOO
Sources: YAHOO
Judge Throws Out Spirit Airlines Lawsuit
AHN
Denise Royal - AHN Staff Writer
Miami, FL (AHN) - A judge has dismissed a lawsuit filed by flight attendants for Spirit Airlines who accused the discount carrier of violating their contract. The attendants said the contract violation came when the company ended its contributions to their 401...
Sources: AHN
Report: Airlines Lost 30 Million Bags Last Year
AHN
Denise Royal - AHN Staff Writer
Geneva, Switzerland (AHN) If an airline ever misplaced your luggage, youre in good company. A study done by a technology company estimates that 30 million pieces of luggage were misplaced by airlines last year. Some 200,000 bags were never reunited...
Sources: AHN
Delta leads new round of US airline fare hikes
YAHOO
Reuters - Major U.S. airlines raised fares on
most domestic routes by $5 each way on Friday, matching a fare
hike pushed through on Thursday by bankrupt carrier Delta Air
Lines Inc. .
Sources: YAHOO
Sources: AHN
Hoping to Increase Revenue, Airlines To Charge Extra For Aisle Seats
AHN
Julie Farby - AHN Staff Writer
Chicago, IL (AHN)Looking for new ways to generate revenue, struggling U.S. airlines are getting bolder about charging customers for every extra amenity including aisle seats.
Attempting to ramp up its bottom line, one major airline, Northwest...
Sources: AHN
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