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Airline Industry

Business in the friendly skies hasn't been high-flying of late

It's been a long, hard, half-decade for much of the airline industry. Since 9/11, it has been trying to recover from the decrease in passenger travel, only to be clobbered by high fuel prices in recent years—landing several of the American ‘majors’ in bankruptcy. Some of the upstarts continued to do well, including Southwest and JetBlue in the US and Ryanair and easyJet in Europe. Yet even the new lean airlines stumble from time to time, as JetBlue learned the hard way in February 2007, when an ice storm in New York snarled operations for almost a week.

Stories

Stories 241 - 260 of 339

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December 2007
- Italians Fuss Over Airline Takeover
  
  Reuters | Dec 23, 07 2:20 PM CST
  
  (Newser) - News that Italy's national airline, Alitalia, is in danger of being taken over by Air France-KLM, the world's biggest airline by revenue, has sparked outrage among Italian interests who fear their local carrier will be stripped of major routes. The government promises to decide Alitalia's fate by mid-January, as politicians and labor leaders urge Rome to reject the offer. More »
- Employees as Hard on Airline as Customers
  
  New York Times | Dec 22, 07 7:07 PM CST
  
  (Newser) - US Airways has the worst on-time performance of any major US airline; it also has 36,000 employees encouraged to e-mail CEO Douglas Parker about everything from smelly planes to lousy in-flight snacks to a reservation system that doesn't work yet, reports the New York Times. Says Parker: The feedback “keeps management extremely honest.” More »
- China Unveils 1st Passenger Jet
  
  Bloomberg | Dec 21, 07 12:43 PM CST
  
  (Newser) - China unveiled its first passenger jet today, the first step in its goal to become a major player in the global aviation industry, Bloomberg reports. The ARJ21, which seats up to 90, will make its maiden voyage in March, and the first planes will be ready for customers in 2009. Beijing hopes to meet soaring domestic demand and someday compete with the likes of Airbus and Boeing. More »
- US Caps JFK Flights to Ease Delays
  
  New York Times | Dec 19, 07 4:59 PM CST
  
  (Newser) - Transportation officials today capped the number of flights per hour at New York's JFK airport in a bid to keep flight delays from cascading around the country, the New York Times reports. Starting in March, JFK will be allowed up to 83 flights an hour, down from about 100 at peak times this summer. Newark's Liberty airport will get similar limits, but those numbers have yet to be determined. More »
- Airlines Move to Ground Flyer 'Bill of Rights'
  
  Rochester Democrat & Chronicle | Dec 19, 07 10:29 AM CST
  
  (Newser) - The airline industry is in court trying to block a New York "bill of rights" for airline passengers, which could have a big impact on similar measures nationwide. The Air Transport Association of America is arguing that New York has no jurisdiction to require the industry to provide food, water, fresh air and clean toilets for passengers stuck on planes for more than three hours. More »
- Air France Offers Alitalia $1B Boost
  
  Bloomberg | Dec 17, 07 8:26 AM CST
  
  (Newser) - Air France-KLM Group sweetened its bid for troubled Italian airline Alitalia today with a plan to raise $1.08 billion to upgrade aircraft and relaunch the brand, and a vow not to cut jobs. Air France is competing with Italy's No. 2 air carrier, Air One, to buy out the Italian government's 49.9% stake in the airline, which has posted losses 9 years running. Air One’s plan offered a larger investment but would cut 2,000 jobs. More »
- Pilots Can Now Fly Until Age 65
  
  Chicago Tribune | Dec 15, 07 9:23 AM CST
  
  (Newser) - US pilots can now fly until they're 65 instead of being of being forced to retire at age 60. A bill signed into law yesterday raises the mandatory retirement age to reflect the greater physical fitness of today's 60-year-olds, the Chicago Tribune reports. The new law puts an end to a half-century of industry debate and brings the US in line with the rest of the world. More »
- Lufthansa Buys $300M Stake in JetBlue
  
  Wall Street Journal | Dec 13, 07 4:59 PM CST
  
  (Newser) - Lufthansa will purchase a 19% stake in lagging JetBlue Airways for about $300 million, a move that reflects the industry-wide consolidation underway in recent months. The sale price of $7.27 a share is a 16% premium on yesterday's closing price of $6.25. The announcement immediately bounced JetBlue shares up 13% to $7.06, the Wall Street Journal reports. More »
- JetBlue Launches In-Flight Email
  
  Wall Street Journal | Dec 6, 07 10:32 PM CST
  
  (Newser) - JetBlue is offering email and instant messaging services on an A320 test flight, in a move to equip its whole fleet with wireless access. The tech-savvy, low-budget airline has paired up with Yahoo and Research in Motion to give passengers with laptops or Blackberries the possibility of plugging in, in-flight. But other airlines are jumping on the bandwagon, the Wall Street Journal reports. More »
- Northwest's Merger Plans Still 'Evolving'
  
  Minneapolis Star Tribune | Dec 5, 07 12:39 PM CST
  
  (Newser) - Northwest Airlines is "very, very actively looking" for a merger partner, a company executive told Wall Street analysts yesterday, but it is uncertain whether such consolidation is more likely to be approved by the Bush administration or its successor, the Minneapolis Star Tribune reports. Analysts say Delta—known to be contemplating mergers, as is United—would be the best match with Northwest. More »
- Use Your Cell Phone as a Boarding Pass
  
  USA Today | Dec 4, 07 2:29 PM CST
  
  (Newser) - Passengers flying Continental out of Houston today will be able to use their cellphone or PDA in lieu of a boarding pass as part of a three-month pilot program, USA Today reports. After checking in, an encrypted barcode is sent to passengers’ mobile handsets, which is scanned by a TSA screener at boarding. A successful test could lead to national expansion. More »
November 2007
- Passenger Jet Crashes in Turkey, Killing 57 Aboard
  
  BBC | Nov 29, 07 11:29 PM CST
  
  (Newser) - A passenger jet carrying 57 people crashed in southwestern Turkey, killing all aboard, the BBC reports. The MacDonnell Douglas 83, operated by budget airline Atlasjet, disappeared from radar just before landing in the town of Isparta. The cause remains under investigation, but the Turkish PM said the tail may have struck a hilltop, AFP reports. More »
- Fliers Thankful for Few Delays
  
  New York Times | Nov 22, 07 8:37 AM CST
  
  (Newser) - The Thanksgiving travel rush was smoother than expected, reports the New York Times , thanks to good weather, added airline agents, and the federal government giving commercial airliners access to military airspace for the holiday. Many travelers helped reduce the crush Wednesday, the busiest single travel day of the year, by flying on Tuesday. Twenty-seven million Americans are expected to be airborne during the holiday period. More »
- Why Airlines Lose Your Bags
  
  New York Times | Nov 21, 07 5:26 PM CST
  
  (Newser) - On the busiest single travel day of the year, the New York Times explores why the odds of your bags arriving safely at the carousel of your destination are still declining, despite costly efforts at many airlines to improve performance. So far this year, airlines have misplaced one bag out of every 138, compared to one in 155 last year. One culprit in lost baggage is apparently dirty barcode printer heads for the automatic sorting systems. More »
- Best and Worst US Airports
  
  Travel Leisure | Nov 20, 07 11:35 AM CST
  
  (Newser) - Flight delays are peaking, and there's no sure way to dodge them. But fliers can travel smarter with this new list of best and worst airports from Travel + Leisure : Best: Portland, Ore. (PDX) Salt Lake City (SLC) San Diego (SAN) More »