March 9 at 9:32 a.m.
Filed under:
Airlines
By Reuters
U.S. Vice President Joe Biden smiles during the signing of a contract between Boeing and Aeroflot, March 9, 2011. (Alexander Nemenov/AFP/Getty Images)
Russian flagship airline Aeroflot said on Wednesday it had signed a firm order to buy eight Boeing 777s, in line with earlier plans, partly to boost its fleet ahead of the Winter Olympics in 2014.
The eight planes — six Boeing 777-300s and two Boeing 777-200s — have a ticket value of $2.17 billion according to Reuters data, although an industry source told Reuters the carrier had received a discount and would pay around $1.6 billion. Get the full story »
March 8 at 5:36 a.m.
Filed under:
Airlines
By Reuters
Boeing Co. sealed deals worth $10 billion with two airlines in China, the world’s fastest growing market that is likely to buy more than 2,000 aircraft over the next five years. Get the full story »
March 7 at 6:56 p.m.
Filed under:
Airlines,
Airplanes,
Energy
By Julie Johnsson
With fuel costs soaring, the parent company of United Airlines said Monday that it is curtailing growth plans for 2011 and cutting its domestic flying more deeply than it had planned.
United Continental Holdings Inc. said that its system-wide capacity would remain flat for the year, and that it would curb capacity by offering fewer flights on some routes, exiting less-profitable routes and postponing the start of some new flights, such as planned service from Newark, N.J., to Cairo slated to launch this spring. Get the full story »
March 7 at 3:39 p.m.
Filed under:
Airlines,
Energy
By Reuters
A Southwest Airlines plane being refueled. (Justin Sullivan/Getty Images)
U.S. airlines are raising fares and rolling out surcharges as runaway fuel prices threaten to eat into profits.
Fuel surcharges are being added on international routes. JetBlue Airways Corp said on Monday it recently implemented a $45 one-way surcharge in select Caribbean markets. Delta Air Lines Inc said its surcharges vary by market.
Fees are also going up for passengers checking more than two pieces of luggage, and more carriers are ditching free snacks to save money, said Tom Parsons, chief executive of travel site Bestfares.com. Get the full story »
March 7 at 2:12 p.m.
Filed under:
Airlines,
Airports
By Julie Johnsson
Southwest Airlines’ struggles with on-time reliability continued in January and dragged down results at Chicago’s Midway Airport, its largest hub, federal data show.
The low-cost carrier is hiring workers and adding three departure gates to improve results at Midway, which again had the lowest rate of on-time departures among major airports. Get the full story »
March 4 at 5:42 p.m.
Filed under:
Airlines
By CNN
What are iconic and twisted and no longer free? Pretzels aboard some Continental Airlines flights.
Continental stopped serving complimentary snacks to passengers flying coach on domestic routes this week. The change is consistent with the carrier’s merger-partner United Airlines’ policy of food for purchase. Get the full story »
March 4 at 5:45 a.m.
Filed under:
Airlines,
Airplanes,
China,
International
By Reuters
HNA Group, China’s fourth-largest airline group and parent of Hainan Airlines Co., said it will sign aircraft purchase orders on Tuesday with leading aircraft manufacturers, including Chicago-based Boeing Co. and Airbus.
HNA was planning to sign an aircraft purchase agreement and a memorandum of understanding with leading aircraft makers, also including Dassault Aviation SA and Gulfstream Aerospace at the event, it said in a media invitation for the signing ceremony.
There has been speculation that the HNA orders could include Airbus’ A380s as the Chinese government is calling for the purchase of more wide body planes to help ease air traffic congestion. Get the full story »
By Julie Johnsson
Southwest Airlines is recovering from two unrelated computer outages Tuesday that caused the carrier’s online reservations systems to crash and briefly snarled its flight operations.
The technical foul-ups were resolved overnight, said Southwest spokesman Chris Mainz, via e-mail. “We may have had some temporary periods of slowness as we are still working through all issues with the conversion, but for the most part it’s been running smoothly today,” he added.
Get the full story »
March 1 at 4:51 p.m.
Filed under:
Airlines,
Updated
By Reuters
American Airlines parent AMR Corp. said it would cut planned capacity growth this year as the industry wrestles with higher oil prices.
Most U.S. airline shares moved lower on Tuesday as oil prices continued their rise in wake of unrest in the Middle East. U.S. crude futures were up $1.46 at $98.43 a barrel. The Arca Airline index was down 1.4 percent.
March 1 at 1:23 p.m.
Filed under:
Airlines,
Internet,
Transportation,
Travel
By Dow Jones Newswires
Travelocity said Tuesday it signed a multiyear deal with US Airways to offer the carrier’s full range of content through the Sabre Holdings global distribution system, a third party agent that owns Travelocity. Get the full story »
Feb. 28 at 3:05 p.m.
Filed under:
Airlines
By Los Angeles Times
The U.S. Department of Transportation fined American Airlines $90,000 for failing to disclose a fee for using flight vouchers.
The federal agency said the airline offered the vouchers to passengers who voluntarily gave up seats on overbooked flights.
Feb. 28 at 10:00 a.m.
Filed under:
Airlines,
International
By Reuters
Continental Airlines, recently bought by United Airlines to form United Continental Holdings Inc , has scrapped plans to launch new service to Cairo, because of declining travel demand to Egypt, which is grappling with political unrest.
Continental said it has “indefinitely postponed” the planned service from Newark, New Jersey, to Cairo, which was to have begun on May 18. Get the full story »
By Dow Jones Newswires-Wall Street Journal
Five months after United Airlines and Continental Airlines sealed their legal merger, the combined company said it will introduce an “interim” advertising campaign this week and begin changing the United Web site to comport with the new look, which melds the United name with the well-known globe that Continental used. Get the full story »
Feb. 25 at 5:52 p.m.
Filed under:
Airlines,
Unions
By Dow Jones Newswires
United Continental Holdings Inc. said late Friday its union-represented flight attendants ratified a new labor agreement with Continental Airlines. Get the full story »
Feb. 25 at 12:37 p.m.
Filed under:
Airlines,
Airplanes,
Energy,
Transportation,
Travel
By Dow Jones Newswires
The head of Southwest Airlines Co. said Friday that successive fare increases brought on as the industry battles with soaring jet-fuel costs isn’t cutting into demand.
Gary Kelly, chairman and chief executive of Dallas-based Southwest, said he didn’t see signs of “demand destruction” and has no plans to cut capacity at this point. Get the full story »
