AIR CANADA FINED BY US DOT
Air Canada has been fined $50,000 by the US Department of Transportation for violating “deceptive price advertising” rules in online ads. Air Canada ads on its websites in early 2011 were found not to...
Air Canada has been fined $50,000 by the US Department of Transportation for violating “deceptive price advertising” rules in online ads. Air Canada ads on its websites in early 2011 were found not to...
Congress has reached a bi-partisan compromise to end the partial shutdown of the Federal Aviation Administration. No agreement has yet been reached on the issue of collective bargaining rights for air...
Spirit AeroSystems Holdings’ second quarter 2011 revenues were $1.466 billion, up from $1.056 billion for the same period of 2010 as the company recognized the deferred revenue associated with the 787...
Airline stocks continued to tumble yesterday, as investors become more wary of investing in airlines as the broader markets all fall in response to the worsening economic situation in Europe and the U...
Regional airline operator Pinnacle Airlines has reported a $2.4 million loss for the April-June quarter. A 30% rise in fuel costs was blamed for the loss, alongside higher labor costs for pilots and f...
SkyWest Airlines and US Airways have signed a letter of intent for SkyWest to operate 14 50-seat CRJ200 regional jets as US Airways. The aircraft will fly out of US Airways’ airport hub in Phoenix fro...
Southwest (including AirTran) earned $161 million in the quarter, up 43 percent from the second quarter of 2010. Revenue was also up by 30% to $4.1 billion. Second-quarter income was $121 million, or ...
WestJet reported yesterday that it more than tripled its second-quarter earnings to $25.6 million, or 18 cents a share, compared to a year ago. Fellow Canadian airline, Air Canada meanwhile narrowed i...
Emirates, Eithad and British Airways have all cut airfares on selected routes to the Middle East in a bid to boost capacity during the slow tourist period over the Holy month of Ramadan. Traffic to th...
German airlines are considering legal action to recoup the damage caused by the air traffic controllers’ union calling for a six-week strike to start yesterday but then calling it off on Wednesday aft...
As the global stock markets begin to move downward to finally reflect economic reality, we have to note the pounding that US airlines have taken over the past 24 hours (US finance below). This is all ...
Strategic Airlines plans to close the Perth-Bali route after 18 months following intense competition driving fares down to unprofitable levels. The last flight will be on October 29. In a statement th...
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