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December 2, 2008 7:24:37 AM CST



Airline Industry track this thread

Started by Imperator; Last updated by D Lim | View history

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 21 - 40 of 339

  • October 2008
    • Planes Sent Toward Storms to Test Air Traffic Controller

      Planes Sent Toward Storms to Test Air Traffic Controller

      (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, was forced 70 miles off course. The FAA denies storms were in the area. More »

    • Boeing Strike Drags on After Talks With Union Collapse

      Boeing Strike Drags on After Talks With Union Collapse

      (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 those jobs is a requisite for the union to back any agreement. More »

    • American Readies Piecemeal Pricing

      American Readies Piecemeal Pricing

      (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 fare plans, and travelers can pick additional services—for a fee. More »

    • TSA Set to Flush Liquid Restrictions

      TSA Set to Flush Liquid Restrictions

      (Newser) - The oft-frustrating 3-ounces-in-a-baggie restriction on carrying liquids through airport security could be gone within a year, the Wall Street Journal reports. After testing out X-ray technology that detects bomb-making fluids, the Transportation Security Administration’s only remaining step is making sure the software works. “It’s not ready yet, but we are highly confident it will be effective,” the TSA head says. More »

  • September 2008
    • Sides Dig In Despite Boeing Strike Costs

      Sides Dig In Despite Boeing Strike Costs

      (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 backlog of orders, but a downturn in the airline industry could put workers on shaky ground. More »

    • Alitalia Gets Reprieve as Pilots Back Takeover Deal

      Alitalia Gets Reprieve as Pilots Back Takeover Deal

      (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 hours for the same pay. Flight attendants’ unions are still in talks with the CAI business group. More »

    • Shareholders OK Delta-Northwest Merger

      Shareholders OK Delta-Northwest Merger

      (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 Northwest shareholders’ meeting in New York, shouting, “What do we want? No merger!” More »

    • Italy's National Airline Could Shut Down Within Week

      Italy's National Airline Could Shut Down Within Week

      (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 acceptable proposal. More »

    • Stranded Brits Expected Home on Schedule

      Stranded Brits Expected Home on Schedule

      (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 industry-watchers warn that the industry's woes are far from over. More »

    • Sleepy Pilots Want Trimmed Schedules

      Sleepy Pilots Want Trimmed Schedules

      (Newser) - Airline pilots are seeing their flying hours approach the federally mandated limit, and many of them have had enough, the Wall Street Journal reports. Safety experts agree that the current regulations, in place since the 1960s, don't reflect current knowledge about the dangers of fatigue. But penny-pinching airlines keep pushing their pilots' limits. More »

    • Pentagon Delays $35B Tanker Deal for Next President

      Pentagon Delays $35B Tanker Deal for Next President

      (Newser) - The Pentagon has put a $35 billion contract for new Air Force refueling tankers on hold, Defense Secretary Robert Gates announced today, reasoning that the White House didn’t have enough time left to “complete a competition that would be viewed as fair.” The contract was awarded to a European-American partnership, but US-based Boeing successfully contested that decision, in part thanks to public outcry. More »

    • Airline Stamps Ads on Those Sans Hairline

      Airline Stamps Ads on Those Sans Hairline

      (Newser) - Air New Zealand is launching a new ad campaign on people's heads, reports the Brisbane Times. The airline will pay people $660 to wear temporary tattoos on the back of their shaved heads for two weeks. The ads display changes to the airline's check-in system and direct passengers to the airline's website. More »

    • United Shares Dive 99.92% on False Bankruptcy Report

      United Shares Dive 99.92% on False Bankruptcy Report

      (Newser) - Trading in United Airlines shares was halted today on the New York Stock Exchange after a false bankruptcy report made them nearly worthless, the New York Times reports. At one point, the airlines’ shares fell 99.92%, to a single cent, after a reporter incorrectly republished a 6-year-old story about United’s original bankruptcy filing on Bloomberg. More »

    • Passenger Fight Over Smoking Diverts Flight

      Passenger Fight Over Smoking Diverts Flight

      (Newser) - A fight provoked by smoking in an airplane bathroom forced a JetBlue flight from Boston en route to Florida to land in Raleigh, NC, yesterday, CNN reports. A man reportedly argued with his brother about smoking on the plane, and one punched the other in the face, according to witnesses. One of the men was arrested by authorities in Raleigh. More »

    • Boeing Machinists on Strike