Airline / Airplane Industry News

Last update: 133 days, 17 hours ago

$210M settlement in airline price fixing is approved 25 Apr 08, 19:13 ET AP - An agreement by two British-based airlines to pay roughly $210 million to settle a massive price-fixing lawsuit met with tentative approval from a federal judge on Friday. more Buckle seatbelts, there’s turbulence ahead for the airline industry 25 Apr 08, 15:59 ET By David Hatfield All flights canceled to two airports for 2½ days, word of 71 percent fewer flights to the New York area, mergers and bankruptcies, ... more Canadian airlines: Wild blue wonder 25 Apr 08, 14:28 ET Talks of a global slowdown have markets on edge, yet one industry typically regarded as a foolproof economic barometer has seen nothing but blue skies. The domestic airline industry is flourishing. more Continental rolls out merger website 25 Apr 08, 13:32 ET Continental has rolled out a new website that it says "is designed specifically to provide Continental's perspective on airline industry consolidation." On the website -– www.co-industryconsolidation.com –- Continental says: "The proposed business combination announced by Delta and Northwest Airlines on... more Airline industry on tenterhooks as oil rises 25 Apr 08, 06:12 ET Fears are now growing that European carriers will be the next to feel the pain with high oil prices causing enormous losses among airlines. ... more Lufthansa shares lifted by strong first-quarter operating results 25 Apr 08, 06:03 ET AFP - Shares in German airline Lufthansa climbed in early trading on Friday after the group posted a huge rise in operating profit owing to the successful integration of its subsidary Swiss. more Rapid City Regional Airport bookings double for 2008 25 Apr 08, 05:49 ET Although air travelers have been bombarded with recent negative reports from the airline industry, advanced bookings at Rapid City Regional Airport are up 106 percent for travel between May and December, executive director Mason Short said this week. more

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