Airline News Stories

US Airlines' Revenue Trends Improve In October

November 7, 2009

Traffic for the top three US airlines slumped in October, but load factors for most of the nine largest carriers rose and the decline in unit revenue showed signs of slowing down.
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SAS October Traffic Down 13.5 Percent

November 7, 2009

Scandinavian airline SAS said on Friday that October passenger traffic fell 13.5 percent from the same month a year ago.
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Air Canada Posts Profit, Sees Recovery Signs

November 6, 2009

Air Canada reported a quarterly net profit on Friday and said it sees signs the bottom of the recession is behind it although it does not expect a full recovery for another 12 to 18 months.
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India May Allow Foreign Carriers In Airlines - Report

November 6, 2009

India is set to consider a proposal to allow foreign airlines to own up to 49 percent equity in Indian carriers, the Indian Express reported on Friday.
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Japan Airlines' Survival Hinges On Pension Cuts

November 6, 2009

Five years after retiring from Japan Airlines, former pilot Tsutomu Watanabe is fighting to protect the pension he was promised but that the airline can no longer afford to pay.
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BA Swings To H1 Loss, Sees Improved Outlook

November 6, 2009

British Airways fell to a worse than expected first-half loss and forecast annual revenue would be GBP1 billion pounds lower than last year.
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WestJet's October Loads Up, Air Canada's Slip

November 5, 2009

Traffic numbers at Canada's major airlines flew in opposite directions last month, with WestJet Airlines boosting its percentage of seats filled and Air Canada reporting a slight drop.
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Korean Sees Recovery, Delta Signals Improvement

November 5, 2009

Heads of SkyTeam airline alliance members expressed some optimism about the industry's recovery but noted uncertainties from the H1N1 flu virus and the overall economy.
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Northwest Pilots Appeal Revocation Of Licenses

November 5, 2009

The two pilots of a Northwest Airlines flight who overflew their destination for more than an hour last month have appealed the revocations of their licenses in a filing with the NTSB.
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Regional Carrier Skywest's Profit Edges Higher

November 5, 2009

Regional airline SkyWest posted higher third-quarter earnings on Thursday helped by a 34 percent drop in expenses as fuel costs decreased.
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SAS Makes Surprise Third Quarter Profit

November 5, 2009

Scandinavian airline SAS posted a surprise pretax profit in the third quarter and said it expected to unveil the results of talks with unions on cost savings that are key to its survival later on Thursday.
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Air Berlin Fare Yields Fell By 1 Pct In October

November 5, 2009

Air Berlin, Germany's second-biggest airline, said profitability per seat sold eased in October, which is the first decline this year.
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Juneyao Air Plans IPO, To Raise USD$290 Mln

November 5, 2009

Privately-run Chinese carrier Juneyao Airlines will start preparing for its initial public offering later this year, raising up to CNY2 billion yuan (USD$293 million), a senior executive at its parent firm said on Thursday.
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JAL To Cut 17 More Routes By June

November 5, 2009

Japan Airlines said it plans to eliminate a total of 17 more domestic and international routes by June, stepping up its route closures as it tries to turn around its loss-making business.
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UK Budget Carrier bmi Baby To Cut Jobs, Routes

November 4, 2009

Low-cost airline bmi Baby, part of the bmi Group, on Wednesday said it would to cut up to 158 jobs and reduce the number of routes it flies due to the ongoing impact of the economic downturn.
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