Wednesday, February 8, 2012

Airline industry plans to halve carbon emissions

Airline industry plans to halve carbon emissions

September 22, 2009 · , ,

The global aviation industry has agreed to cut its net carbon emissions to half 2005 levels by 2050 under a plan to be set out on Tuesday by British Airways chief, Willie Walsh. Mr Walsh, who will outline the initiative at Tuesday’s United Nations forum on climate change in New York, said it was the [...]

Unruly behavior on planes not tolerated

Unruly behavior on planes not tolerated

On a recent Southwest Airlines flight, a man dropped his pants and exposed himself to the female passenger sitting next to him, then punched her, according to an FBI affidavit. The plane was in midair, and the naked man reportedly grew angrier, screaming uncontrollably and shaking his fist in the air. The man had gone [...]

American Airlines parent gets $2.9B, shifts routes

American Airlines parent gets $2.9B, shifts routes

American Airlines’ parent company said Thursday it is taking on significant new debt at a time when revenues are being hammered, but the $2.9 billion in cash and fresh financing it raised should quiet concerns — for now — that it is in danger of a cash crunch and a bankruptcy filing. Passengers will see [...]

DOT to fine Spirit Airlines up to $375,000

DOT to fine Spirit Airlines up to $375,000

September 17, 2009 ·

The Transportation Department said on Thursday it will fine Spirit Airlines as much as $375,000 for breaking consumer rules. The civil penalty includes $215,000 that the small discount airline must pay right away, and another $160,000 it would have to pay if it breaks its agreement with the Transportation Department in the next year. The [...]

Airline trade group predicts 2009 loss of $11B

Airline trade group predicts 2009 loss of $11B

September 15, 2009 ·

An airline trade group expects the industry to lose $11 billion worldwide in 2009, with losses continuing into next year. The International Air Transport Association had been expecting a smaller loss of $9 billion this year. But airlines lost $6 billion in the first half alone. The trade group says it’s starting to see the [...]

Japan Airlines aims to conclude tie-up talks soon

Japan Airlines aims to conclude tie-up talks soon

September 15, 2009 · , ,

Struggling Japan Airlines Corp. said Tuesday it aims to conclude tie-up talks with foreign carriers by mid-October and announced plans to slash 14 percent of its workers under a major restructuring plan. Delta Air Lines Inc., the world’s biggest airline operator, and its rival American Airlines are vying to buy a stake in JAL, which [...]

Airlines offer lightest fall schedules since 2001

Airlines offer lightest fall schedules since 2001

September 14, 2009 ·

The U.S. airline industry is shrinking to a size not seen since the months after the 2001 terror attacks. The airlines have been trimming flights for the past two years, matching the falling demand for air travel. Additional capacity cuts are under way at American, the nation’s second-largest carrier, and at No. 3 United. It [...]

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