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December 2, 2008 7:25:15 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 61 - 80 of 339

  • July 2008
    • Airfare to Get More Expensive This Holiday Season

      Airfare to Get More Expensive This Holiday Season

      (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 raise prices $50-$200 extra per seat. And don't bank on any late holiday sales. More »

    • Air China Buys 45 Boeing Jets

      Air China Buys 45 Boeing Jets

      (AP) - Air China plans to buy 45 Boeing 777 and 737 aircraft, reports the AP, a purchase the airline says will increase its capacity by about 35% and help reinforce Beijing's status as a transportation hub. The list price for the planes—one of China's biggest airliner purchases—is $6.3 billion, but the final price is expected to be lower. More »

    • Boeing Says Dreamliner On Track, Despite Glitches

      Boeing Says Dreamliner On Track, Despite Glitches

      (Newser) - The inaugural flight of Boeing’s 787 Dreamliner jet remains on track for this fall, but mechanical glitches are making the production schedule tighter than the company would like, the Seattle Times reports. Delays, mis-drilled holes, and ill-trained workers have contributed to the thinning cushion Boeing allowed for itself to meet the fall deadline. The jet promises to save 20% on fuel while improving cargo space and passenger comfort. More »

    • Airport Overnights Take Off as Hotel Vouchers Vanish

      Airport Overnights Take Off as Hotel Vouchers Vanish

      (Newser) - Stranded passengers are finding ways to settle in for the night at airport terminals as hotel vouchers become a thing of the past in the cash-strapped airline business, the New York Times reports. Frequent fliers advise terminal sleepers to bring something soft to sleep on and to stock up on food and drink before airport stores close—or spend their own cash on a hotel. More »

    • Fighter Jet Dazzles Airshow

      Fighter Jet Dazzles Airshow

      (Newser) - Aviation experts were treated to a display of the world’s most advanced fighter jet at the kickoff of the Farnborough International Airshow today in England, Reuters reports. In its first international exhibition, the Lockheed Martin F-22 “Raptor” executed a dizzying array of flips, dips, and dives as it showed off the dual engines that allow it to achieve twice the speed of sound. More »

    • US Airways Jettisons Movies

      US Airways Jettisons Movies

      (Newser) - Rising oil prices may spell the end of the in-flight movie—at least on domestic flights. US Airways will become the first airline to rip out the in-flight entertainment systems from 200 jets plying domestic routes to save $10 million in fuel and other costs, reports BusinessWeek . The systems, which weigh about 500 pounds each, will be jettisoned beginning in November. Other airlines may do likewise. More »

    • Pentagon to Re-Open $35B Air Force Tanker Bid

      Pentagon to Re-Open $35B Air Force Tanker Bid

      (Newser) - The Pentagon will re-open a $35 billion contract to build the Air Force's fleet of new refueling tankers and pick a new winner by the end of the year, congressional sources say. The Office of the Secretary of Defense—not the Air Force—will oversee the new competition between Boeing Co. and a team led by Northrop Grumman Corp. More »

    • Could Stun Bracelets Replace Boarding Passes?

      Could Stun Bracelets Replace Boarding Passes?

      (Newser) - A bracelet that would track airline passengers and shock them if they get out of hand might be under consideration by the Department of Homeland Security, the Washington Times reports. The Electronic ID Bracelet could someday replace boarding passes. We "are interested in … the immobilizing security bracelet, and look forward to receiving a written proposal," an official wrote to its maker. More »

    • Flight Grounded Over Irate Passengers

      Flight Grounded Over Irate Passengers

      (Newser) - The passengers of an American Airlines flight from Miami to New York on Sunday night probably thought the worst was over when their flight crew finally arrived at the gate an hour late. But angry passengers greeted them with boos and, according to some accounts,  obscenities. The crew responded by refusing to board the plane, citing a "hostile work environment," Fox News reports. More »

    • Fuel Costs Ground Extended Flights

      Fuel Costs Ground Extended Flights

      (Newser) - Super-long flights were hailed as the future of aviation only a few years ago, but the soaring price of fuel has grounded those plans, reports the Wall Street Journal . Airlines are delaying or canceling intercontinental routes as the cost of keeping "flying tankers" in the air for over 12 hours stops making economic sense. More »

    • How to Vacation on a Dime

      How to Vacation on a Dime

      (Newser) - With airline and entertainment prices rising, “free stuff isn’t just a bonus, it can be a vacation-saver,” writes Jeryl Brunner in Travel + Leisure , which offers 11 ways to beef up your trip on a budget. House-swapping: Cancel the hotel, and vacation in someone else’s home for free while they reside in yours. More »

    • Italians Impatient With Alitalia Rescue Efforts

      Italians Impatient With Alitalia Rescue Efforts

      (Newser) - Fed up with government efforts to resuscitate Alitalia, many Italians think Rome needs to face reality and let the airline die, Bloomberg reports. PM Silvio Berluconi characterizes Alitalia’s survival as “a matter of national security,” but it hasn't turned a profit in nearly a decade. The latest plan for Alitalia is a restructuring scheme by Intesa Sanpaolo, Italy’s second-largest bank. More »

    • Historic China-Taiwan Flights Take Off

      Historic China-Taiwan Flights Take Off

      (Newser) - Commercial flights between the Chinese mainland and Taiwan resumed today for the first time in 60 years, with simultaneous flights landing at  the Taipei and Shanghai airports, the BBC reports. China Southern Airline's chairman described the first flight to land in Taipei as "a sacred moment." The agreement to reopen the route, weekends only, is the result of improved relations across the strait since Taiwan's new president, Ma Ying-jeou, took office in May. More »

    • Continental Faces Manslaughter Charges

      Continental Faces Manslaughter Charges

      (Newser) - Continental Airlines will have to stand trial for manslaughter over its role in the explosive crash of an Air France jet, a French judge ruled today. Five individuals have also been charged in the 2000 accident, which saw a Concorde jet burst into flames while leaving a Paris runway, killing all 109 people aboard and four others on the ground. More »

    • American to Cut 7K Jobs

      American to Cut 7K Jobs

      (Newser) - American Airlines plans to cut as many as 900 flight attendants from its ranks next month as part of nearly 7,000 expected layoffs this year, reports the Dallas Morning News. The job cuts, intended to counter rising fuel expenses, mirror an intended 8% reduction in the airline's worldwide flights. The cuts will leave American with fewer than 80,000 jobs, a low it hasn't hit since 1988. More »