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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.
Airlines News
UAL, AMR lead fall in airline shares on oil rally
YAHOO
Reuters - Shares of airlines plunged on Friday after oil prices vaulted to a record high, led by drops in UAL Corp. , the parent of United Airlines, and AMR Corp. , owner of top U.S. carrier American Airlines.
Airlines News
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.
Airlines News
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...
Airlines News
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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Airlines News 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
Airlines News AA Raises Domestic Fares
AHN
American Airlines is increasing domestic air fare by $10 for a round trip, in a bid to partially compensate for higher fuel costs, a spokesman said Wednesday. According to Reuters, AMR Corp. unit’s fare increase was the latest of...
Sources: AHN
Airlines News American Airlines Reports Narrow Quarterly Loss
AHN
Leading U.S. carrier American Airlines Inc. on Wednesday reported a narrower quarterly loss as rising fuel prices were partially offset by increasing revenue. American, a unit of AMR Corp., posted a first-quarter loss of $92 million, or 49...
Sources: AHN
Airlines News 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
Airlines News 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
Airlines News Japanese Airport Building Is Big Business
AHN
Japan currently boasts 97 airports with more on the horizon, even while airlines are locked in a traffic jam in the air. Additional airports are in the works even while airlines wait to land and take off because the skies are too...
Sources: AHN
Airlines News 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
Airlines News Boeing sees 2006 China sales matching 2005 volume
YAHOO
Reuters - Boeing Co. expects to sell the same number of aircraft to China this year as it did in 2005, after China signed a deal to buy 80 Boeing 737 planes ahead of President Hu Jintao's visit to the United States next week.
Sources: YAHOO
Airlines News Boeing rallies on China order optimism
YAHOO
Reuters - Boeing Co. shares rallied to a new all-time high on Monday on optimism that Chinese airlines could agree to buy 80 single-aisle 737 jets that they have been in talks to acquire since last year.
Sources: YAHOO
Airlines News 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
Airlines News 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
Airlines News 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
Airlines News 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
Airlines News Delta to pass along fees, match UAL fare hikes
YAHOO
Reuters - Delta Air Lines Inc. said on Friday it will start adding airport fees to its ticket prices on connecting flights and match a separate fare increase by UAL Corp.'s United Airlines.
Sources: YAHOO
Airlines News Boeing to expand 787 family amid strong demand
YAHOO
Reuters - Boeing Co. has decided to proceed with an expanded version of its hot-selling 787 Dreamliner jet, bowing to pressure from airlines, the executive who heads the 787 program said on Monday.
Sources: YAHOO
Airlines News 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
Airlines News Report: Airlines Lost 30 Million Bags Last Year
AHN
Denise Royal - AHN Staff Writer Geneva, Switzerland (AHN) – If an airline ever misplaced your luggage, you’re 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
Airlines News 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
Airlines News BE Aerospace Receives $165 Million Contract
AHN
Yvonne Lee - AHN Staff Reporter (AHN) - BE Aerospace Inc. announces Tuesday that it has received an order worth $165 million from United Airlines.The company says it will design and manufacture seating and cabin furniture for the airline's premium class sections of its international fleet.The...
Sources: AHN
Airlines News 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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