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Airline / Airplane Industry News
Last update: 263 days, 9 hours ago
 
Tensions with airlines rise at Reagan airport
17 Apr 08, 22:01 ET
All the strains on the nations troubled airline industry were evident yesterday at Ronald Reagan...
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FAA says U.S. airlines must monitor their own safety
17 Apr 08, 20:08 ET
Reuters - The Federal Aviation Administration (FAA) will tighten oversight of airline safety after aircraft groundings at big carriers, but will not absolve airlines of responsibility for monitoring their own safety, the FAA's top official said on Thursday.
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Summary Box: Airline leaders, regulators often switch places
17 Apr 08, 20:02 ET
REVOLVING DOOR: Airline industry leaders who were once under the Federal Aviation Administration now sit in top positions at the agency.
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I'm Fed Up With the Airline Industry
17 Apr 08, 18:49 ET
By Neil Cavuto Do you know the one thing being left out of all these airline safety hearings and debates? How damn annoying it is to travel these days. ...
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Frontier CEO: Credit-card processors eyeing airline industry
17 Apr 08, 18:30 ET
The head of Frontier Airlines Holdings Inc., which is reorganizing under bankruptcy protection, said Thursday credit-card processing companies are visiting other airlines, too, worried by the industry's financial struggles.
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US Airways pilots dump ALPA, form new union
17 Apr 08, 17:39 ET
Reuters - Pilots at US Airways Group have voted to leave the Air Line Pilots Association (ALPA) and form a separate union, ALPA said on Thursday.
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Continental, Southwest will cut growth to handle fuel spike
17 Apr 08, 17:37 ET
AP - High fuel costs that helped drive some marginal airlines into bankruptcy this spring are also taking a toll on two of the nation's healthiest carriers.
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India's Airline Industry Consolidates, but Change Is Still in the Air
17 Apr 08, 16:46 ET
Economic reality is reshaping India's airline industry. Just a few years into a third wave of private operators, the high cost of fuel has led to a number ...
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US Airways pilots oust union over seniority issues
17 Apr 08, 16:07 ET
AP - Frustrated by an internal dispute over seniority, US Airways pilots on Thursday ousted their union of 59 years and agreed to be represented by another group.
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Airline industry failures not a blip
17 Apr 08, 15:05 ET
By Andrew Mitchell Canada is no stranger to airlines going under. In recent years Canadians have seen the end of Canadian Airlines, Air Transat, ...
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Airline execs, regulators often switch places
17 Apr 08, 15:02 ET
What the airline industry wants from Washington it often gets, and no wonder. The people who regulate airlines on one day can become company executives the next , and vice versa.
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American Airline pilots win leave time lawsuit
17 Apr 08, 14:39 ET
AP - American Airlines has agreed to settle a class action lawsuit brought by more than 350 pilots who said they were unfairly penalized by being barred from accruing vacation time and sick days while on military leave, the Justice Department announced Thursday.
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Airline executives and regulators often switch places
17 Apr 08, 12:43 ET
What the airline industry wants from Washington it often gets, and no wonder. The people who regulate airlines on one day can become company executives the next — and the other way around.
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Continental moves to end NWA veto power over mergers
17 Apr 08, 11:23 ET
Continental Airlines has redeemed the "golden share" of the company that Northwest Airlines held, which may signal more airline industry consolidation ahead.
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Continental, Southwest earnings hurt by fuel costs
17 Apr 08, 10:11 ET
Reuters - Continental Airlines Inc and Southwest Airlines Co , two of the healthiest major U.S. carriers, said on Thursday that record-high fuel costs led to disappointing quarterly earnings and they cut growth plans.
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Southwest posts 1Q profit of $34 million
17 Apr 08, 08:48 ET
Trebor Banstetter Southwest Airlines said it earned $34 million during the first quarter of 2008, up from $33 million in the first quarter a year ago. The Dallas-based airline exceeded earnings estimates despite a weakening economy and high fuel prices, forces that have roiled the airline industry in recent months. And looking ahead, bookings for the second quarter appear strong, CEO Gary Kelly ...
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Southwest Air net falls
17 Apr 08, 07:46 ET
Reuters - Southwest Airlines Co pulled back on growth plans and posted lower quarterly earnings on Thursday as a weak U.S. economy and record fuel costs took a toll on the leading U.S. discount carrier.
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Soaring fuel prices hurt Continental profits
17 Apr 08, 07:35 ET
The moves come as the airline industry suffers from soaring fuel costs. To deal with it, Continental announced it will take an additional 14 older, less fuel-efficient Boeing 737-300s out of service when their leases expire between September and next April.
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Southwest 1Q profit drops on fuel costs, defers some planes
17 Apr 08, 06:46 ET
AP - Southwest Airlines says soaring fuel costs slashed its first-quarter profit by almost two-thirds. It also has cut its plane delivery plans for 2009 in half.
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Chinese airline fined over suspected strike
17 Apr 08, 05:37 ET
AFP - China's civil aviation authority Thursday stripped China Eastern Airlines of some routes and imposed a fine after the carrier's pilots turned around flights in a suspected labour protest.
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Aisle, window seat will cost extra $5
17 Apr 08, 04:36 ET
US Airways, joining the airline industry's push to bolster revenues with extra fees for items such as food and movies, will start charging customers to reserve those seats in the first several rows of the coach cabin, effective May 7.
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Airline industry potentially on the brink of consolidation
17 Apr 08, 04:27 ET
As a merger between Delta Air Lines Inc. and Northwest Airlines Corp. seems more and more likely, the entire commercial aviation industry in the United States could be on the brink of consolidation. The industry, plagued by high fuel costs, saw four smaller airlines file for bankruptcy this month, some of which have ceased operations.
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Merger unrest may buffet public
17 Apr 08, 03:23 ET
The summer travel season could hold especially high stakes for the airline industry this year.
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Guardsmens homecoming is deferred
17 Apr 08, 00:13 ET
CAMP PHOENIX, Afghanistan — A planeload of S.C. National Guard soldiers will have to wait in Kuwait while the military hunts for a plane to fly them home. The delay, caused by “unexpected problems in the airline industry,” could last for days, military officials said. It also could affect the remainder of the 1,400 S.C. National Guard members scheduled to leave Afghanistan as the 218th Brigade ...
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