Airline / Airplane Industry News

Last update: 134 days, 19 hours ago

Airlines Reel From Tumultuous Week 24 Apr 08, 18:29 ET In an unprecedented month of turmoil for the airline industry, the major airlines revealed devastating losses while smaller ones declared bankruptcy. Locally, Frontier Airlines announced that they would no longer provide service to Little Rock National starting June 1. more MEDIA TIP SHEET – COLORADO STATE UNIVERSITY EXPERT CAN DISCUSS ... 24 Apr 08, 16:25 ET FORT COLLINS - With recent news about challenges the airline industry is facing, the following expert is a Colorado State University professor who ... more US Airways swings to 1Q loss on fuel costs 24 Apr 08, 15:44 ET AP - US Airways Group Inc. said Thursday it swung to a loss in the first quarter, punished like other airlines by the rising cost of jet fuel. more Air fares set to rise due to fuel costs 24 Apr 08, 15:33 ET First quarter earnings reports for major U.S. carriers shows soaring jet fuel costs are severely straining the airline industry, and making ticket prices soar for travelers. more US Air, Alaska Air cite fuel costs for losses 24 Apr 08, 14:26 ET Reuters - US Airways Group Inc and Alaska Air Group Inc posted quarterly losses on Thursday, citing surging fuel costs that have inflicted pain on the entire industry. more Delta, Northwest CEOs tell lawmakers proposed combination will help offset surging fuel costs 24 Apr 08, 12:25 ET Delta Chief Executive Officer Richard Anderson, right, and Northwest Chief Executive Officer Douglas Steenland, left, testify on Capitol Hill in Washington, Thursday, April 24, 2008, before the House Judiciary Committee hearing on the airline industry and the proposed merger between the two air carriers. more Congress grills Delta, Northwest CEOs 24 Apr 08, 12:17 ET The CEOs of Delta Air Lines and Northwest Airlines defended their proposed $3.1 billion merger before a House committee Thursday, addressing lawmakers' concerns that the deal would stifle competition in the airline industry. more Alitalia rescue plan hits EU turbulence 24 Apr 08, 11:47 ET AFP - The European Commission voiced concern Thursday about Italian plans for a bailout of Alitalia, raising the prospect that EU regulators might block a vital state loan to the ailing airline. more Airline Experts Say Get Ready For Bumpy Summer 24 Apr 08, 10:24 ET With skyrocketing fuel costs and larger than expected earning losses, the airline industry is bracing for a bumpy vacation season. more US Airways reports $239M loss 24 Apr 08, 09:44 ET Carrier said the loss reflected high jet fuel prices affecting the entire airline industry. more EU regulators voice doubts on Italy's Alitalia rescue plan 24 Apr 08, 08:01 ET AFP - The European Commission voiced doubts on Thursday that an Italian plan to help troubled airline Alitalia is being made on commercial terms, raising the prospect that regulators may block the deal. more Malaysia Airlines eyes possible mergers 24 Apr 08, 04:59 ET Malaysia Airlines is looking at the possibility of merging with other airlines within the next five years as the airline industry is likely to reach overcapacity, the company's chief executive said Thursday. more Malaysia: Malaysia Airlines Looking At Opportunities For Consolidation Over Next Five Years 24 Apr 08, 03:39 ET KUALA LUMPUR, MALAYSIA: Malaysia Airlines is looking at the possibility of merging with other airlines within the next five years as the airline industry is likely to reach overcapacity, the company's chief executive said Thursday (24 Apr). more Frontier cancels Republic contract 24 Apr 08, 02:53 ET The turbulence hitting the airline industry finally reached Republic Airways Holdings on Wednesday, sending its stock down almost 3 percent in a volatile day for the shares. more When airlines' put looks before safety 24 Apr 08, 01:31 ET Racism is rampant in the airline industry in India as all airlines prefer fair skinned people for their cabin crew. On some of the newer airlines, members of the cabin crew are among the most fair skinned people that you will find anywhere in India. A flight attendant performs two roles -- safety and service. But by selecting cabin crew on basis of skin colour & looks, the airlines are seriously ... more Air New Zealand affirmed at 'Ba1' with positive outlook - Moody's 24 Apr 08, 00:38 ET MUMBAI (Thomson Financial) - Moody's Investor's Service affirmed Air New Zealand Ltd.'s 'Ba1' senior unsecured issuer rating and positive outlook despite the likelihood of more turbulent conditions ahead for the airline industry as the rating remains well supported by a dominant position in its core domestic market, sound financial metrics, and an efficient low-age aircraft fleet. more

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