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September 6, 2008 12:53:51 AM CDT

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Stories related to: airline industry

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  • April 2008

    • Continental Scuttles Merger With United

      New York Times  |  Apr 27, 08 5:39 PM CDT

      Continental Scuttles Merger With United

      (Newser) - Continental Airlines scuttled merger talks with United Airlines today and likely triggered other deals in the plunging industry. United's $357 million first-quarter losses and a plan to lay off 1,000 workers scared away Continental execs, the New York Times reports. Now United parent UAL will likely scramble to cut another deal before fuel prices force it into bankruptcy. More »

      Tags

      airline industry  • merger  • United Airlines  • Continental Airlines

    • Air Safety Experts Most Worried About Runways

      New York Times  |  Apr 25, 08 8:31 AM CDT

      Air Safety Experts Most Worried About Runways

      (Newser) - FAA-mandated wiring fixes have grounded thousands of flights lately, but the runway is no safe place for planes, New York Times reports. Serious runway incidents nearly doubled to 15 over the past six months, compared with the same period a year ago. “Where we are most vulnerable at this moment is on the ground,” said the chairman of the National Transportation Safety Board.   More »

      Tags

      airline industry  • airline  • FAA  • airline safety  • runway

    • Delta Posts $6.39B 1Q Loss

      Wall Street Journal  |  Apr 23, 08 7:46 AM CDT

      Delta Posts $6.39B 1Q Loss

      (Newser) - Staggering fuel prices overwhelmed a 12% sales increase and pushed Delta Air Lines to a $274-million loss in the first quarter, which ballooned to $6.39 billion on a $6.1-billion non-cash charge reflecting a decline in its market value. Excluding special items—including the bankruptcy-related charge—the airline lost 69 cents a share; analysts had expected 49 cents a share, the Wall Street Journal reports. More »

      Tags

      airline industry  • earnings reports  • fuel costs  • Delta Air Lines

    • Air France-KLM Pulls Offer for Alitalia

      Wall Street Journal  |  Apr 22, 08 6:37 AM CDT

      Air France-KLM Pulls Offer for Alitalia

      (Newser) - Air France-KLM has withdrawn its offer to buy Alitalia, leaving the cash-poor Italian carrier with few options. In a tersely worded statement, the world's largest airline said its Alitalia overture—which had been opposed by Alitalia's unions—was "no longer valid." With no suitors forthcoming and cash reserves dwindling—the airline loses $1.6 million a day—Alitalia may be forced to declare bankruptcy, writes the Wall Street Journal . More »

      Tags

      Italy  • airline industry  • mergers and acquisitions  • Silvio Berlusconi  • Air France KLM Group  • Alitalia  • Air France

    • Airline Blames Feds for Grounded Planes

      New York Times  |  Apr 19, 08 3:03 PM CDT

      Airline Blames Feds for Grounded Planes

      (Newser) - American Airlines is tired of taking the heat for 2,000 flight cancellations that travelers endured last week, the New York Times reports. The once-contrite company is now criticizing the FAA, saying its new safety guidelines are unclear and unfair. “We don’t know what the rules are,” said an American technical crew chief. The company says its safety issues were minor deviations from technical standards that had been considered acceptable for years, and could have been fixed gradually. More »

      Tags

      airline industry  • American Airlines  • FAA  • flight cancellation

    • Plane Trips Grow Longer

      USA Today  |  Apr 18, 08 11:33 AM CDT

      Plane Trips Grow Longer

      (Newser) - Air travel is the slowest it's been in the past 20 years, thanks to increased congestion both on the runway and in the air. A flight from Las Vegas to New York took 4 hours, 37 minutes in 1988, but that same route now requires over 6 hours, reports USA Today. And don't expect things to improve any time soon. More »

      Tags

      airline industry  • airport  • airline delays  • flights  • congestion  • air traffic

    • Bumped From Your Flight? Airline Could Owe You $800

      Los Angeles Times  |  Apr 16, 08 6:09 PM CDT

      Bumped From Your Flight? Airline Could Owe You $800

      (Newser) - Passengers who get bumped off overbooked flights will be eligible for up to $800 for their inconvenience, the Los Angeles Times reports. The US Department of Transportation today doubled the amount passengers can receive, with the exact figure depending upon the ticket price and how long it takes passengers to reach their intended destination. The rule goes into effect next month. More »

    • United and Continental May Be Next to Merge

      Houston Chronicle  |  Apr 15, 08 4:11 AM CDT

      United and Continental May Be Next to Merge

      (Newser) - The Delta-Northwest merger will create the world's biggest airline—but that title could fall before the ink is even dry on the deal as industry pressures force other carriers into shotgun weddings, the Houston Chronicle reports. Analysts believe United and Continental would be a good match and a deal between the two is widely expected, possibly in a matter of weeks. More »

      Tags

      airline industry  • airline  • American Airlines  • merger  • United Airlines  • fuel costs  • Northwest Airlines  • Continental Airlines  • Delta Airlines

    • Delta, Northwest Close to Merger After Revived Talks

      Wall Street Journal  |  Apr 13, 08 3:40 PM CDT

      Delta, Northwest Close to Merger After Revived Talks

      (Newser) - Delta and Northwest Airlines are readying a merger that could be announced as soon as Tuesday, reports the Wall Street Journal . But disputes over the deal’s financial terms and handling of pilot seniority threaten to scuttle the union. Negotiations between the two carriers broke down last week but were revived this weekend with the hope of reaching an agreement by tomorrow. More »

      Tags

      airline industry  • Northwest Airlines  • Delta Air Lines  • mergers  • pilots contract

    • Tips for Grumpy Fliers

      CNN  |  Apr 11, 08 12:06 PM CDT

      Tips for Grumpy Fliers

      (Newser) - With customer complaints up 60% and operational performance at an all-time low, it's not a good time for the airline industry—or its passengers. CNN offers these tips to fractious fliers: Research, research, research: Check out airline performance at FlightStats.com or FlightAware.com before buying your ticket, book a flight during an airport’s least congested times (midday or late night). More »

      Tags

      list  • travel  • airline industry  • airplane  • airport  • airline delays  • airline passenger's bill of rights

    • American Airlines Cancels 570 Flights for Tomorrow

      New York Times  |  Apr 10, 08 6:55 PM CDT

      American Airlines Cancels 570 Flights for Tomorrow

      (Newser) - American Airlines plans to cancel another 570 flights tomorrow, providing little relief for passengers in a jam after three consecutive days of massive snarls, the AP reports. The airline, however, said it was making progress getting wiring up to snuff on its MD-80s and planned to have the entire fleet of 300 planes back in the sky by Saturday, the New York Times notes. More »

      Tags

      airline industry  • American Airlines  • FAA  • airline delays  • safety testing

    • Key Inspector Says FAA Crackdown Long Overdue

      Wall Street Journal  |  Apr 10, 08 2:26 PM CDT

      Key Inspector Says FAA Crackdown Long Overdue

      (Newser) - The Federal Aviation Administration is too lax, and its recent toughening-up long overdue, the Transportation Department’s inspector general Calvin Scovel told senators today. The agency should not rely, as it has until recently, on airlines to voluntarily disclose safety oversights, and shouldn’t provide loopholes for the appropriate penalties when they do, according to the Wall Street Journal . More »

      Tags

      airline industry  • American Airlines  • FAA  • oversight  • Department of Transportation

    • Flight Chaos to Continue as FAA Gets Tough

      Wall Street Journal  |  Apr 10, 08 9:54 AM CDT

      Flight Chaos to Continue as FAA Gets Tough

      (Newser) - Air travelers should brace themselves for several more months of chaos: the wave of FAA audits that began March 30, producing more than 2,000 canceled flights this week, will continue through June 30. In an effort to toughen enforcement of safety standards, the agency has moved to relying less on data provided by the airline themselves and more on on-site inspections, the Wall Street Journal reports. More »

      Tags

      airline industry  • American Airlines  • safety  • FAA  • airline delays  • airline safety  • safety testing

    • American to Cancel 900 More Flights Today

      New York Times  |  Apr 9, 08 11:45 PM CDT

      American to Cancel 900 More Flights Today

      (Newser) - American Airlines expects to cancel 900 more flights today as the airline works to bring its MD-80 aircraft up to FAA standards, the New York Times reports. Thousands more travelers will be stranded at airport hubs, and the problem could spill into tomorrow. American is just the latest airline to be hit with groundings under the more aggressive FAA audits, and more are expected industry-wide in the weeks ahead. More »

      Tags

      airline industry  • Boeing  • American Airlines  • FAA  • flight cancellation  • Boeing MD-80

    • 1,000 American Flights Now Grounded Amid Inspections

      Wall Street Journal  |  Apr 9, 08 12:34 PM CDT

      1,000 American Flights Now Grounded Amid Inspections

      (Newser) - American Airlines has now canceled more than 1,000 flights as it inspects wires in its 300 MD-80 aircraft, the Wall Street Journal reports. The Federal Aviation Administration raised concerns about recent inspections of the wiring, the same issue that grounded more than 400 flights last month. The process, which began yesterday, could stretch past tomorrow and affect half of American's schedule. More »

      Tags

      airline industry  • Boeing  • American Airlines  • FAA  • flight cancellation  • Boeing MD-80

    • Thousands Stuck as Asian Budget Airline Folds

      New York Times  |  Apr 9, 08 8:00 AM CDT

      Thousands Stuck as Asian Budget Airline Folds

      (Newser) - Thousands of passengers have been stranded in Hong Kong, London, and Vancouver with the collapse of Asian budget airline Oasis, the New York Times reports. In a sign that the industry's woes are spreading rapidly, the Hong Kong-based airline joins three US budget carriers to have gone under this month in the face of soaring fuel prices and economic jitters. More »

      Tags

      gas prices  • airline industry  • airline  • bankruptcy  • Hong Kong  • airline passengers  • Aloha Airlines  • ATA  • Skybus  • stranded passengers  • budget airlines  • Oasis

    • Cheap Flights, Passenger Perks Lost in Transit

      MarketWatch  |  Apr 8, 08 6:03 AM CDT

      Cheap Flights, Passenger Perks Lost in Transit

      (Newser) - The days of discounts and perks on major US airlines have disappeared from the horizon, possibly forever, Marketwatch writes. The stratospheric fuel prices that caused three airlines to shut down last week alone are forcing airlines to boost their bottom lines any way they can. Capacity is being cut back and charges for things like second bags are spreading through the industry. More »

      Tags

      gas prices  • airline industry  • airline  • United Airlines  • Northwest Airlines  • ATA  • surcharge

    • Skybus Airlines Goes Bust

      Columbus Dispatch  |  Apr 5, 08 5:37 AM CDT

      Skybus Airlines Goes Bust

      (Newser) - Anybody who wondered how Skybus could make money with its famous $10 airfares can stop: they didn't. The Ohio-based airline has become the latest US carrier to go bankrupt in the face of soaring fuel costs and a sluggish economy, the Columbus Dispatch reports. It made its last flight yesterday and passengers boarding planes were warned their return tickets had suddenly become one-way. More »

      Tags

      gas prices  • airline industry  • airline  • bankruptcy  • Aloha Airlines  • ATA  • Columbus  • Skybus

    • FAA Too Cozy With Airlines, Whistle-Blowers Say

      Chicago Tribune  |  Apr 4, 08 2:50 PM CDT

      FAA Too Cozy With Airlines, Whistle-Blowers Say

      (Newser) - An overly cozy relationship between airlines and the federal agency tasked with inspecting them has lawmakers worried in the wake of hearings yesterday on Capitol Hill, the Chicago Tribune reports. Federal Aviation Administration officials let serious safety issues fly, ignoring maintenance and inspection regulations, safety specialists, government overseers and whistle-blowers testified.  More »

    • Northwest Hikes Fares, Cuts Flights

      Wall Street Journal  |  Apr 4, 08 2:38 AM CDT

      Northwest Hikes Fares, Cuts Flights

      (Newser) - Northwest Airlines is jacking up fares and fees and scaling back domestic operations, the Wall Street Journal reports. The airline, trying to deal with soaring fuel costs and a slowing economy without instituting pay cuts, also plans to freeze hiring. Northwest will keep adding international flights, but will add fuel surcharges as high as $160. More »

      Tags

      gas prices  • airline industry  • Northwest Airlines  • Delta Airlines  • Aloha Airlines  • surcharge

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