PRICE OF OIL SENDS AIRLINE STOCKS TUMBLING
As the Middle East civil unrest continues, European airlines have been hit by a rising oil price and been required to cancelled flights to Libya. Futures for April delivery in New York rose by nearly ...
As the Middle East civil unrest continues, European airlines have been hit by a rising oil price and been required to cancelled flights to Libya. Futures for April delivery in New York rose by nearly ...
Shares of Garuda Indonesia, the country's national airline, have fallen more than 20% on their market debut today. Garuda shares were trading at close to 600 rupiah on the Indonesia Stock Exchange ...
The Australian and International Pilots Association (AIPA) and Qantas have failed to resolve an ongoing dispute regarding job security. Qantas claims they are reducing costs in an effort to remain ...
American Airlines and United Continental say they’ll slow the pace of a lawsuit seeking to delay a $3.4 billion expansion of Chicago’s O’Hare International Airport in hopes of reaching an accord wi...
James McNerney, Boeing Chairman and CEO, told analysts yesterday: “We're going to do a new airplane.” He then seemed to backtrack a little, saying, “We're not done evaluating this whole situation ye...
Dallas-based AAT Aircraft Maintenance has been certified as an FAA-approved Part 145 repair station. The facility is now able to perform light to heavy maintenance and major repairs and modification...
People's United Bank has established a new business aviation division which will operate under the bank's People's Capital and Leasing Corp. (PCLC) unit. PCLC, which will be headed by vice president...
Cancellations in December rose to 3.7% of all scheduled flights for the 18 largest domestic carriers, versus 2.8% in the same month last year, according to data from the US Bureau of Transportation...
Canadian Auto Workers, the biggest unions representing Air Canada workers, has stated that now the airline is back in profit, it is time wages were improved. The CAW is about to start negotiations...
Air Canada earned C$134 million, or 42 Canadian cents a share, in its last quarter of 2010. The airline credits foreign-exchange gains for the gain that is up from a year-earlier loss of C$56 milli...
Mubadala Aerospace says it is making progress toward the eventual merger of its two maintenance, repair and overhaul subsidiaries Zurich-based SR Technics and Abu Dhabi Aircraft Technologies (ADAT)...
Israel airline El Al has selected SD-Corp from risk management and multi-asset front office solution provider SuperDerivatives (SD), to manage its exposures to jet fuel, currencies and interest rat...
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