Towns Pay Up to Keep Airlines From Taking Off

Columbus, Indiana, and Casper, Wyoming top employment list

(NEWSER) - Recession—that's a big-city thing, right? Several mid-size cities around the US are making an argument for their economic superiority, boasting job growth higher than the 1.5% national average in 2011. You may not know these cities well, but the Christian Science Monitor recommends them:

1. Columbus, Indiana: No, not Ohio's Columbus: Indiana's version had 10% growth from 2009 to 2010, making it the best economic rebounder during the Great Recession. Jobs are up 6.4%.

But most remain upbeat about their future: Pew survey

(NEWSER) - The economy is doing a number on those aged 18 to 34, according to a new survey from the Pew Research Center :

• Half say they have taken a job they didn't want.
• More than a third have gone back to school because of the job market.
• Nearly a quarter have taken unpaid work to gain experience.
• About a quarter have moved back in with the folks.
• More than 1 in 5 have postponed having a baby, and about the same number have put off getting married.

Will Europe stop flights?

(NEWSER) - China is prohibiting all of its airlines from paying the EU's new carbon tax, a standoff that is likely destined for a World Trade Organization unfair trade practice suit, reports the BBC . The long-planned European Union's Emissions Trading Scheme came into effect the first of the year, and it charges all airlines in European airspace for their carbon emissions. But the scheme has been heavily criticized by many outside the EU, including Canada, the US, and China, whose officials argue that the airline industry cannot afford a new expense. China's airlines alone could face charges of up to $124 million annually for their share of EU carbon taxes. More»

'Unintended Consequence' fee intended to chide transportation department

(NEWSER) - Spirit Airlines is angry over a new Department of Transportation rule—and it's making sure customers know it, by slapping a $2 "Department of Transportation Unintended Consequence Fee" on all tickets. The new rule, which went into effect last week, requires airlines to give customers a full refund, without additional fees, if the customer requests one within 24 hours of booking a flight, USA Today explains. More»

Airline will emerge from bankruptcy with fewer workers

(AP) - The parent of American Airlines wants to eliminate about 13,000 jobs—15% of its workforce—as the third-biggest US airline remakes itself under bankruptcy protection. The company aims to cut labor costs by 20%, and will soon begin negotiations with its three major unions. AMR Corp. CEO Thomas W. Horton said today that the company hopes to return to profitability by cutting spending by more than $2 billion per year and raising revenue by $1 billion per year. More»