The US Department of Transportation (DOT) has fined JetBlue Airways $600,000for violating rules protecting air travellers with disabilities and for failing to disclose when flights sold by the carr...
Boeing is increasing the price of its aircraft by about 5.2% and has announced the withdrawal of the 787-300. The aircraft manufacturer, which hasn’t raised prices for two years, blames high wages,...
Pratt & Whitney Canada has been given $300 million in government funds towards a $1 billion research project to develop a next generation of high-performance aircraft engines. Ministers hope the i...
Aircraft cabin parts manufacturer B/E Aerospace has closed a $750 million revolving credit facility that will mature in December 2015. The cash has been used to refinance the $343 million outstandi...
Direxion launch Direxion Airline Shares ETF (FLYX). Direxion’s first non-leveraged ETF is linked to the NYSE Arca Airline Index. FLYX, launched December 8, owns 13 stocks and the fund’s annual expe...
Hawaiian Airlines has confirmed it has repaid loans with an expanded line of credit worth as much as $75 million during the next four years from Wells Fargo Capital Finance and others. The credit ...
American Airlines said Monday it would begin nonstop flights between New York and Tokyo’s Haneda Airport on Jan. 20. Haneda is considered more practical than its sister airport Narita as it is loca...
Continental Airlines has launched a new feature called FareLock, which offer customers who pay a fee an option to lock in ticket prices without committing to buy a ticket for 72 hours or a week wit...
Official figures from the US Departmenmt of Transport’s Bureau of Transportation Statistics show US airlines have earned $2.5 billion so far in 2010 on baggage fees alone. This is a 22.5% raise ove...
Continental Airlines has confirmed it has filed an appeal of the French court’s verdict which found it of involuntary homicide through the crash of Concorde in July 2000. Continental had been orde...
Passengers travelling to the East of the US are being warned to expect more cancelled and delayed flights due to heavy snow. After more than a thousand flights were cancelled in Chicago, passengers...
Bruce Ashby, former CEO of IndiGo, has been appointed the chief executive of the global airline alliance oneworld, succeeding John McCulloch, when the alliance moves its headquarters to New York fr...
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