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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 141 - 160 of 339

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April 2008
- Frolic Guilt-Free in Costa Rica
  
  Treehugger | Apr 15, 08 6:38 PM CDT
  
  (Newser) - If carbon-footprint guilt is keeping you from taking a vacation, one company has your sun-soaked answer, TreeHugger reports. From the domestic flight to the hotel stay—and even airport transfers in biodiesel vans—NatureVacations' eco-friendly package to Costa Rica promises to offset every ounce of carbon you produce on your island adventure. More »
- United and Continental May Be Next to Merge
  
  Houston Chronicle | Apr 15, 08 4:11 AM CDT
  
  (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 »
- Delta, Northwest Approve Merger
  
  New York Times | Apr 14, 08 7:17 PM CDT
  
  (Newser) - Delta and Northwest Airlines execs agreed today to merge their companies into the world's largest airline, the New York Times reports. Delta CEO Richard Anderson will lead the new company, called Delta, if Northwest shareholders approve the transaction. The $3.1 billion deal would give Northwest shareholders 1.25 Delta shares for each outstanding Northwest share, a 17% premium from Monday's closing prices. More »
- Delta, Northwest Close to Merger After Revived Talks
  
  Wall Street Journal | Apr 13, 08 3:40 PM CDT
  
  (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 »
- American Airlines Cleared to Fly Again
  
  Associated Press | Apr 12, 08 2:05 PM CDT
  
  (Newser) - Federal officials cleared American Airlines today to resume flying all but three of its grounded MD-80 jets, the AP reports. American wanted to run a full schedule today, but "we still need to get the planes positioned for their next flights," a company spokesman said. The full fleet of aging planes will be on schedule by tomorrow morning, the AP reports. More »
- American Gets Half of MD-80s Flying
  
  Fort Worth Star-Telegram | Apr 11, 08 6:55 PM CDT
  
  (Newser) - American Airlines flew about half of its MD-80s on schedule today but will ground another 200 for inspections tomorrow morning, the Fort Worth Star-Telegram reports. Execs said that all planes should be back on track by tomorrow night. CEO Gerard Arpey accepted blame for the groundings that have canceled 3,000 flights, saying, "We were not in technical compliance, and that is our failure.” More »
- Tips for Grumpy Fliers
  
  CNN | Apr 11, 08 12:06 PM CDT
  
  (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 »
- Frontier Airlines Latest Carrier to File for Bankruptcy
  
  Wall Street Journal | Apr 11, 08 6:25 AM CDT
  
  (Newser) - Discount carrier Frontier Airlines today said it was filing for Chapter 11 but would keep flying thorough its reorganization, the Wall Street Journal reports. The carrier made the move after its credit-card processing company decided to withhold a larger share of ticket revenues from Frontier. Aloha and ATA also declared bankruptcy this month; both discontinued operations. Frontier reported a $18.7-million loss in 2007. More »
- Delta Pilots Aboard for Merger
  
  Bloomberg | Apr 10, 08 10:21 PM CDT
  
  (Newser) - Delta Air Lines has reached a deal with its 7,000 pilots that is expected to allow a long-delayed merger with Northwest Airlines to take off, Bloomberg reports. The airlines plan to announce the merger next week, sources said. The new airline would carry the Delta name and jet past American Airlines to become the world's largest carrier. More »
- American Airlines Cancels 570 Flights for Tomorrow
  
  New York Times | Apr 10, 08 6:55 PM CDT
  
  (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 »
- Key Inspector Says FAA Crackdown Long Overdue
  
  Wall Street Journal | Apr 10, 08 2:26 PM CDT
  
  (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 »
- Flight Chaos to Continue as FAA Gets Tough
  
  Wall Street Journal | Apr 10, 08 9:54 AM CDT
  
  (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 »
- American to Cancel 900 More Flights Today
  
  New York Times | Apr 9, 08 11:45 PM CDT
  
  (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 »
- More Trouble With American's MD-80 Fleet: Landing Gear
  
  CNN | Apr 9, 08 4:07 PM CDT
  
  (Newser) - In one of 23 such instances recently, an American Airlines pilot told CNN that troubles with the landing gear in his Boeing MD-80 forced him to return to Minneapolis moments after takeoff in December. Problems with the gear knocked out the anti-icing system in the plane, which is at the center of wiring issues that have forced American to cancel more than 1,000 flights the past two days. More »