American Airlines parent posts loss on weak demand
January 20, 2010 ·
American Airlines parent AMR Corp (AMR.N) posted a quarterly loss on Wednesday, capping a year of economic turmoil and weak travel demand that battered the industry. But revenue declines were less severe than some analysts had expected, and the company’s shares inched up more than 1 percent. “The smaller declines in both revenue and (traffic) [...]
New restrictions add to air-travel headaches
December 28, 2009 ·
New security restrictions swiftly implemented following a botched attempt to blow up an airliner on Christmas Day are making air travel more burdensome and could discourage some business fliers, key customers for the airlines. Passengers will likely face longer lines at checkpoints and less freedom to move around the airplane during flight. Leisure travelers, such [...]
Holidays abroad popular again despite downturn
November 27, 2009 ·
Going on holiday is back on the cards again despite the recession, with a global survey showing one in five people plan to travel overseas, even if it’s largely within their region. The survey by credit card firm MasterCard asked over 10,600 people in the Middle East, Africa and the Asia Pacific about their travel [...]
Tips for smart, healthy holiday travel
November 20, 2009 ·
As if traveling with the kids over the holidays weren’t tough enough, this year we must contend with airline surcharges and swine flu, as well as all the usual annoyances and delays that go along with traveling — especially with children — during the busiest travel weeks of the year. There is some good news, [...]
AirTran giving double rewards for Milwaukee travel
November 20, 2009 ·
Discount carrier AirTran Airways, a unit of AirTran Holdings Inc., said Friday that it will offer double reward credits to all of its frequent flier club members when they travel between Milwaukee and any AirTran destination through Feb. 10. When A-Plus Rewards members purchase travel, they will earn four A-Plus Rewards credits for every roundtrip [...]
Delta, SkyTeam offer $1 billion to Japan Airlines
November 18, 2009 ·
Delta Air Lines and its alliance partners said Wednesday they are making a billion dollar offer to lure loss-making Japan Airlines from its affiliation with American Airlines. Delta is “by far the strongest partner for Japan Airlines,” company president Edward Bastian told reporters in Tokyo, escalating the tug-of-war for a minority stake in Japan’s flagship [...]
Business travel pitched as economic engine
October 28, 2009 ·
The travel industry is working to redefine itself as a key player in the American economy: a means by which companies can improve profits, a source of tax revenue and a provider of jobs. Geoff Freeman, U.S. Travel Association senior vice president, said factors that include the recession, a spurt of public anger over extravagant [...]
