India Allows Foreign Airlines to Buy Local Carrier StakesNon-airline investors from overseas are already allowed to hold as much as 49 percent in local carriers. India has been planning the policy change on investment by airlines for more than three years as industrywide losses hinder companies' efforts to ...
Airlines grapple with food vs. biofuel debateBERLIN (Reuters) - Airlines battling to cut costs and pollution may not find a quick fix in biofuels, as concerns grow that using feedstocks to create an alternative to kerosene will push food prices higher.
Airline Roundup: Top Loyalty Program Deals This WeekUnited Airlines. If you're close to an award level for free travel, United is offering 40 percent off the purchase of 30,000 miles or more, or 20 percent off the purchase of up to 30,000 miles.
Analysis: Cutbacks by regional airlines hurt smaller US citiesDelta Air Lines (DAL.N) has significantly shrank its presence at Cincinnati/Northern Kentucky International Airport to seek profits elsewhere.
American Airlines to begin implementing new contractsAmerican Airlines began laying out a timeline for changing work rules and benefits for union workers as it started to implement new contracts as part of its bankruptcy restructuring.
Spirit Airlines shares fall on weak unit revenue forecast(Reuters) - Shares of Spirit Airlines Inc (SAVE.O) fell as much as 17 percent after the company forecast a fall in unit revenue for the third quarter.
iPad use picking up in airline cockpits(CNN) -- iPads will soon be ubiquitous in American Airlines cockpits, but don't expect pilots to be playing "Angry Birds" instead of paying attention to the flight path.
Sell Canadian Oils, Buy AirlinesIf you want to get double leverage with the euro repairing, the CAD strong, and oil prices declining, you can buy airlines.
Airbus ministers seek suspension of EU emissions planL for airlines to avert retaliation from China, an official said on Tuesday. The German government official in charge of aerospace policy, Peter Hintze, said after a meeting of the so-called Airbus ministers from Britain, France, Germany and Spain that ...
United Airlines Awards 11 New Vehicles to Employees With Perfect Attendance14, 2012 - /PRNewswire/ -- United Airlines today will celebrate the perfect attendance of 11 employees at an event at Chicago O'Hare International Airport and award each employee a new Ford vehicle this weekend.
Frontier is latest airline to sidestep online travel agencies with direct ...Frontier Airlines is the latest carrier to jump into the fight, announcing Wednesday that it will penalize passengers who don't book directly with the airline. Those fliers won't be able to get seat assignments until check-in. And they'll pay more in ...
Emirates Pulls Qantas Back From Brink of JunkCredit-default swaps that insure against non-payment on the Sydney-based airline's debt tumbled 55 basis points this month to 358 basis points on Sept.
Frontier Airlines to stop Provo flightsPROVO -- Frontier Airlines announced today that it will be discontinuing commercial service to and from Provo at the beginning of 2013 due to a reduction in its fleet.
United Airlines to make ad push on Ryder Cup telecastAnd Chicago-based United Airlines, the world's largest carrier (NASDAQ: UAUA), plans to be there. At least as a television advertiser on NBC's coverage of the prestigious tournament, which happens every two years and alternates between American and ...
Short Airlines On QE3Despite the more than 1.5% move higher in the S&P 500, as shown by the chart below, all of the major airline stocks, United Continental (UAL), Delta Air Lines (DAL), US Airways (LCC), Southwest Airlines (LUV), and Spirit Airlines (SAVE) closed Thursday ...
Pinnacle Airlines seeks relief on union contractsPinnacle Airlines Corp. says it will ask Bankruptcy Court in October to reject collective bargaining agreements with its pilots and flight attendants if negotiations don't produce concessions the company needs to stay afloat.
JAL to launch all-new products and services on international routes in 2013Sep 13, 2012. TOKYO, Japan - Japan Airlines (JAL) today launched JAL NEW SKY PROJECT, a thorough revamp of its in-flight products and services on international routes under a collective theme "Welcome!
American Airlines Catering Truck Drivers Allegedly Skimmed More Than 100000 ...Some employees of Sky Chef, the catering contractor for American Airlines, did that at New York's JFK Airport. Except instead of a massive ill-gotten fortune, the 18 current and former truck drivers ended up with hundreds of thousands of tiny liquor ...
Midday movers: Staples, OfficeMax, Spirit AirlinesAmong the noteworthy losers were Spirit Airlines (SAVE), down 14% after its guidance for its Q3 revenue per available seat mile disappointed, and Werner Enterprises (WERN), down 7% following at least five downgrades of its stock after the company ...
Canada's airlines need global travellersThe report card on Canadian airlines still shows an industry in rough shape, with minimal stability. After making $1.7-billion in 2010, the industry lost $900-million last year, and is projected to fall short of breaking even in 2012.