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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: airline industry

airline industry stories: 175 news summaries

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EARNINGS REPORTS

 Southwest 
 Loses $120M 
 on Bad Oil Bet 

Otherwise, quarter beat expectations

Oct 16, 08 7:36 AM CDT
(Newser) - Southwest Airlines posted a $120-million third-quarter loss today, due almost entirely to a one-time $247-million charge on an oil bet gone wrong, the New York Times reports. Southwest aggressively locks in its fuel costs far in advance, which looked brilliant last year, as oil prices skyrocketed. But oil’s... More »

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airline industry • earnings reports • corporate earnings • Southwest Airlines • third quarter earnings • oil prices

Planes Sent Toward Storms
to Test Air Traffic Controller

FAA investigates Fla. incident in which 4 jets sent miles off course

Oct 15, 08 3:16 PM CDT
(Newser) - The Federal Aviation Administration is investigating an incident in which four Orlando-bound passenger jets were rerouted on Saturday in an effort to train a new air traffic controller. The Daily Mail reports the jets were directed into an area where thunderstorms were raging and that one, a Virgin Atlantic plane,... More »

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FAA • airline industry • Virgin Atlantic • airline • training • air traffic controllers • National Air Traffic Controllers Association

Boeing Strike Drags on After Talks With Union Collapse

Outsourced production remains logjam issue in dispute costing airplane-maker $100M a day

Oct 14, 08 3:32 PM CDT
(Newser) - Talks broke down between Boeing and its machinists’ union yesterday, with no agreement in sight to end the 38-day-old strike, the Seattle Post-Intelligencer reports. Negotiations snagged over job security: Boeing has cut labor costs by outsourcing the production of certain parts formerly made by the machinists, and the return of... More »

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Boeing • airline industry • strike • machinists union • airplanes • International Association of Machinists and Aerospace Workers

 American Readies 
 Piecemeal Pricing 

'Unbundling' divides trip cost with fees for food, extras

Oct 6, 08 12:18 PM CDT
(AP) - American Airlines is about to accelerate the trend of breaking the cost of a trip into an airfare plus many smaller fees. Starting next year, American plans to imitate the a la carte pricing structure pioneered by Air Canada, airline officials say. There are likely to be a few basic... More »

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airline industry • American Airlines • airline ticket prices • Air Canada • fees

ANALYSIS

Sides Dig In Despite Boeing Strike Costs

Stoppage in week 4; price tag nears $1.3B for aircraft giant

Sep 29, 08 1:35 PM CDT
(Newser) - Machinists employed by Boeing have been on strike for more than 3 weeks, with no end in sight; analysts say if the stoppage reaches a month, it could cost the aircraft maker $1.3 billion, the Seattle Times reports. The union sees its position as good, given Boeing’s huge... More »

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Boeing • airline industry • strike • labor unions • labor relations • losses • International Association of Machinists and Aerospace Workers

Alitalia Gets Reprieve as Pilots Back Takeover Deal

Unions support
gov't-backed plan
to dodge collapse

Sep 27, 08 10:43 AM CDT
(Newser) - Alitalia, the bankrupt Italian air carrier on the brink of collapse, got a reprieve today when its pilots agreed to a government-backed takeover bid by a team of business executives, Bloomberg reports. Pilots’ unions joined ground staff in approving the plan, which calls for 3,000 job cuts and longer... More »

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bankruptcy • airline industry • union • Alitalia • takeover bid • pilots

Shareholders OK
Delta-Northwest Merger

Deal awaits approval from antitrust regulators

Sep 25, 08 2:45 PM CDT
(Newser) - Shareholders of Delta and Northwest voted nearly unanimously today to approve the airlines' merger, the Atlanta Journal-Constitution reports. With shareholders in agreement, federal antitrust regulators must now approve the deal. A Justice Department decision is expected late this year, but labor issues remain. Dozens of workers protested today outside the... More »

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airline industry • Delta Air Lines • mergers and acquisitions • Northwest Airlines • Delta Airlines • mergers • International Association of Machinists and Aerospace Workers

Italy's National Airline Could Shut Down Within Week

Balky unions have hampered efforts to find buyer for bankrupt Alitalia

Sep 22, 08 2:19 PM CDT
(Newser) - Italy’s aviation authority is poised to ground Alitalia permanently if the bankrupt national carrier doesn’t present a credible reorganization plan by Thursday, ANSA reports. The airline is laden with debt and flying under a provisional license, one the aviation authority will revoke if it doesn’t get an... More »

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bankruptcy • airline industry • Italy • Silvio Berlusconi • Alitalia

Stranded Brits Expected Home on Schedule

Up to 85K were
overseas when
holiday firm went bust

Sep 13, 08 11:49 AM CDT
(Newser) - The  sudden collapse of XL Airways left as many as 85,000 passengers marooned in foreign lands, but they're now expected to get home on schedule, or at least only a little late, the Times of London reports. Aviation authorities plan a vast airlift to take home the stranded, but... More »

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United Kingdom • bankruptcy • airline industry • British Airways • airline • vacation • air travel • holiday

updated

FAA Glitch Causes Widespread Flight Delays


Aug 26, 08 4:00 PM CDT
(Newser) - A computer glitch in an FAA computer system caused flight delays around the country today, the Wall Street Journal reports. The situation appeared to be easing this evening as airports—Atlanta, Chicago, and Boston were hardest hit—got back on track. The snag hit one of two FAA facilities that... More »

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FAA • airline industry • airline delays • air traffic controllers • travel delays • computer glitch

(Newser) - Surfers may be a laid-back lot, but they're riding a wave of anger at airlines that have begun charging upwards of $150 to check their boards, the LA Times reports. It's a gnarlier price hike than those levied on any other kind of sporting equipment, surfers note, calling for... More »

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airline industry • surfing • surfboard • fees

BA, American Hope 3rd Time
Is the Charm

Carriers predict US antitrust approval for alliance first aired in '96

Aug 15, 08 6:48 AM CDT
(Newser) - American Airlines and British Airways are making a third stab at a joint business agreement—and this time, reports the New York Times, the deal might actually go through. American, BA, and the Spanish carrier Iberia are applying for antitrust approval to form a global network. The CEO of American's... More »

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airline industry • merger • British Airways • airline • American Airlines • Open Skies Agreement • Iberia

analysis

 It May Be 'Mayday!' 
  for Commercial Aviation 

Fuel prices, environmental concerns could make that cheap seat a luxury

Aug 13, 08 9:05 PM CDT
(Newser) - The end of cheap oil means it’s “springtime for gloomy futurists,” Bradford Plumer writes in the New Republic, but we’re not headed for a Mad Max scenario just yet—unless you like cheap seats on airplanes. Jet fuel is approaching twice the price... More »

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oil • airline industry • migration • air travel • predicting the future • airplane

opinion

 United Should Be Liquidated

Why the airline doesn't deserve a second chance

Aug 13, 08 5:49 PM CDT
(Newser) - What with the oil price spike, times are rough all around for airlines, writes Roben Farzad for BusinessWeek. But United presents a uniquely bungled case, and it is irresponsible to pity it along with other struggling players in the industry. "Even if the airline devised a way to run... More »

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cost cutting • pensions • airline industry • United Airlines • strike • credit crisis • fuel costs

Airline Shares Bounce Back as Oil Prices Fall

Analyst predicts carriers could be back in the black next year

Aug 12, 08 2:30 AM CDT
(Newser) - Airline shares rose yesterday following an analyst's prediction that the big carriers could be back in the black by next year, reports the Wall Street Journal. The stocks have been recovering since mid-July as oil prices started to slip downward and the industry's cost-cutting and revenue-boosting measures began to take... More »

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airline industry • US Airways • United Airlines • gas prices • share price • airlines

Airbus, Boeing Hindered
by Wait for Seats, Toilets

Overwhelmed small suppliers struggle to produce equipment on time

Aug 8, 08 10:29 AM CDT
(Newser) - Production delays are plaguing Airbus and Boeing as the airplane manufacturers wait for simple supplies such as seats, toilets, and gallies for their new widebody jets, the Wall Street Journal reports. Small firms charged with making such supplies have been slowed as demand has soared. The interrupted production means higher... More »

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Boeing • airline industry • Airbus • Aircraft manufacturers • delay • jet • airplane

American Stiffens Frequent-Flier Rules

Fees see an increase in a move to cut costs

Aug 7, 08 4:50 PM CDT
(Newser) - American Airlines has added stiffer fees and higher mileage requirements to its frequent-flier program as the airline struggles to cope with fuel costs, the New York Times reports. American, which posted a $1.16 billion loss for the second quarter, is following the lead of Delta, which tightened the purse... More »

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cost cutting • airline industry • American Airlines • frequent flier miles • quarterly results • fuel costs • business models

 Delta Adds
 WiFi to
 Whole Fleet

Become first major airline to wirelessly enable its entire fleet by 2009

Aug 5, 08 10:46 AM CDT
(Newser) - Unholster your Blackberry and sharpen your stylus; Delta will become the first major airline to offer Internet access across its entire 330-plane fleet by next summer, the Wall Street Journal reports, driven by the proliferation of handheld wireless devices and a desire among business passengers to keep working. Delta surveyed... More »

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airline industry • air travel • WiFi • travel trends • AirCell • Delta Airlines • business travelers

Delta Doubles Charge
for Second Bag to $100

Passengers hit with major hike just 3 months after fee was launched

Jul 30, 08 3:55 AM CDT
(Newser) - Delta Air Lines has doubled its fee to check a second bag to $100 on domestic roundtrip flights, reports the Atlanta Journal-Constitution. The airline, struggling with sky-high fuel prices, is also hiking fees for heavy baggage and items like surfboards that need special handling. Delta officials said they have no... More »

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airline industry • Delta Air Lines • luggage • airline • fee increase

Airfare to Get More Expensive This Holiday Season

Limited flight schedule will lead to price increases

Jul 18, 08 1:40 PM CDT
(Newser) - Get ready—this holiday season is going to boast some of the most expensive airfares ever, USA Today reports. Because of high fuel costs, most airlines have cut back flight schedules; figure about 9% fewer flights in November compared to a year ago. Having constricted supply, expect the airlines to... More »

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airline industry • airline • airfare • oil price • holiday travel • fuel costs

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