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- Midwest Air to Slash Work Force By 40 Percent
- CHICAGO (Reuters) - Midwest Airlines, a unit of Midwest Air Group, on Monday said it would cut its work force by 1,200 employees, or 40 percent, making it the latest airline to reduce staffing amid soaring fuel prices. The company said it would...
- News items 2008-07-14
- US Airways Drops In-flight Movies to Cut Costs
- By Carl DiOrio LOS ANGELES Hollywood Reporter - The Hollywood studios will take a revenue hit when US Airways does away with in-flight movies, but executives don't expect other airlines to follow suit. Nontheatrical distribution contributes $25 million or more per...
- News items 2008-07-09
- Midwest Facing Pay Cuts, Fleet Cuts, Layoffs
- It's not a good time to be a little guy in the airline industry. One by one, those airlines without much size have disappeared. Aloha, ATA, and Skybus are all gone. Frontier is in Chapter 11 protection, and Midwest is now making some ominous rumblings about its...
- Blog posts 2008-06-30
- Air Today Gone Tomorrow | BTalk Australia
- So far this year 24 airlines around the world have gone out of business. What does this mean for the Asia Pacific region? In today's BTalk Australia Phil Dobbie talks to aviation expert Tom Ballantyne about the challenges facing airlines and how it will impact future...
- Blog posts 2008-07-07
- Airline Pilots Brace For Downsizing, Career Change
- By Kyle Peterson CHICAGO (Reuters) - United Airlines pilot Todd Coomans has yet to fully recover from a painful furlough five years ago that set his airline career back several years and, along the way, also cost him his marriage. Now the 46-year-old...
- News items 2008-07-02
- ILFC Quiet on Farnborough Plane Orders
- FARNBOROUGH (Reuters UK) - International Lease Finance Corp, the world's biggest plane lessor by fleet value, has no plans to announce big orders at the Farnborough airshow, a top company executive said on Monday. The leasing firm, a unit of insurer American International Group AIG,...
- News items 2008-07-14
- Branson Predicts "spectacular" Airline Casualties
- LONDON (Reuters UK) - There will be "spectacular casualties" in the airline industry over the next 12 months, billionaire Richard Branson, the owner of Britain's No. 2 long-haul airline Virgin Atlantic VA, was quoted as saying on Saturday. The U.S. airline industry -- including Virgin America...
- News items 2008-07-12
- Air Berlin Drops Plan to Buy Thomas Cook's Condor
- FRANKFURT/LONDON (Reuters UK) - German carrier Air Berlin (AB1G) scrapped its takeover of Thomas Cook's TCG AROG Condor charter airline, putting the brakes on its attempts to expand its network to rival Lufthansa LHAG. Air Berlin blamed soaring oil prices and worsening economic conditions since...
- News items 2008-07-11
- BA Sees 3-5 Pct Capacity Cuts in Winter
- LONDON (Reuters UK) - British Airways BAY expects to cut capacity by three to five percent in its winter season due to the rising cost of fuel, its chief executive told reporters on Tuesday. "We are beginning to see the impact of high energy prices ...
- News items 2008-07-15
- Qantas Cuts 4 Pct of Workforce, Prunes Growth Plan
- By Denny Thomas SYDNEY (Reuters) - Australia's top airline, Qantas Airways Ltd QAN, will cut 4 percent of its workforce and scrap its growth plan for the coming year, saying the business would be at risk if it fails to offset soaring fuel...
- News items 2008-07-18
- The Airlines Attack Oil Speculators
- I must admit that I've learned far more about the workings of the oil markets recently than I ever thought I would. The high price of fuel has certainly spurred an increased interest, but the airlines recently pushed that into overdrive with their seemingly ridiculous attempt to blame oil...
- Blog posts 2008-07-11
- Airline Group Says EU CO2 Deal "unaffordable"
- BRUSSELS (Reuters UK) - A provisional EU deal on making airlines pay for their CO2 emissions is unaffordable for an industry already hurting from high fuel prices, the International Air Carrier Association IACA said on Thursday. A European Union source earlier said member states had ...
- News items 2008-06-26
- Air France KLM June Traffic Up 2.6 Percent
- PARIS (Reuters UK) - Air France KLM AIRF on Monday reported a 2.6 percent rise in June passenger traffic, bringing the increase in its first fiscal quarter to 3.7 percent. The Franco-Dutch airline's load factor -- a measure of how well it fills planes -- fell...
- News items 2008-07-06
- Virgin America Appeals DOT Decision with a Vengeance
- This soap opera is just never going to end. When we last left off, Blake had told Sara that he was leaving her for her twin sister. Oh wait, sorry, my bad. This just seems like a soap opera. Yesterday, Virgin America issued their appeal to...
- Blog posts 2008-07-09
- Frontier Loses $22 Million in May
- One of the "perks" of being in bankruptcy is that you get the delightful pleasure of releasing your monthly operating statements for public display. Frontier just submitted its May report (debtor = Frontier Airlines Holdings and docket = 385), and man, it isn't pretty. by Brett Snyder
- Blog posts 2008-07-02
- Mesa Air Group Releases Delayed Second Quarter Earnings
- Mesa Air Group has finally released its second quarter numbers. Wondering how they did that one day after the second quarter ended? Um, they didn't. Their second quarter ended on March 31, and these are horribly delayed. While it may look like a profitable quarter on...
- Blog posts 2008-07-01
- China to Up Jet Fuel Prices 15 Pct For Local Airlines
- BEIJING (Reuters) - China's National Aviation Fuel Holding CNAF, the country's near-monopoly jet fuel distributor, is set to charge domestic airlines about 15 percent more from July 1, an industry executive said on Monday. The expected 900 yuan per tonne hike, pending final...
- News items 2008-06-29
- Don't Let Airline Troubles Ground Your Business: 6 Tips
- News from the airline industry has been anything but uplifting with bankruptcies, labor disputes, consolidations and liquidations populating the headlines. Small businesses are becoming increasingly dependent on commercial airlines. For some businesses, almost all of travel is done by plane. Your business doesn't have to stop when an airline folds....
- White papers
- Flying The Bankrupt Skies?: 7 Tips
- Flying on a bankrupt airline can be a headache. The service might be awful, your schedule might change, and there's even a chance that the airline will stop flying entirely. But there's an up-side to all of this: the deals. Troubled airlines are desperate for your business, and are willing...
- White papers
- Airline Wi-Fi Goes Mainstream
- Aircell's Gogo, an airline Wi-Fi service, is about to go mainstream this summer and the Wall Street Journal's Walt Mossberg gives it a good review. Why aren't I more enthusiastic? As Mossberg notes, people are about to become more productive on airplanes or lose their last refuge...
- Blog posts 2008-06-19
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