Airline traffic continues to decline
September 10, 2009 ·
Summer has come and gone without giving much lift to the nation’s airlines. The carriers offered fewer flights than a year ago, and they slashed prices to fill even that reduced supply of seats, according to August traffic reports released over the past week. Discount airlines fared relatively better in the recession, as they lured [...]
Airlines improve on-time arrival ratings in July
September 8, 2009 ·
Airline passengers got to their destination on time a little more often in July. The Transportation Department said on Tuesday that 77.6 percent of airline flights arrived on time, up from 75.7 percent during the same month last year. July’s showing was also an improvement over the 76.1 percent on-time rate in June. Airlines have [...]
US Airways pilots union sues pension agency
September 2, 2009 ·
The pilots union for US Airways filed suit Wednesday against the federal government’s pension agency, claiming it is not doing enough to investigate charges that the airline’s pension plan was mismanaged. The U.S. Airline Pilots Association wants the Pension Benefit Guaranty Corp. removed as trustee for the plan and replaced with someone who will actively [...]
Continental Airlines adds bag fee on international flights
August 27, 2009 ·
Continental Airlines Inc. said Wednesday it will charge some coach passengers on international flights $50 to check a second bag, joining several other carriers in imposing the fee. Continental said the new fee would affect passengers flying between Europe and the United States, including U.S. territories such as Puerto Rico and the U.S. Virgin Islands. [...]
US Airways raising checked bag fees by $5
August 26, 2009 ·
US Airways said Wednesday it is bumping up its fees for first and second checked bags by $5 each, and is tacking on an additional fee for a second checked bag on trans-Atlantic flights. The Tempe, Ariz.-based airline it will charge $20 for the first checked bag and $30 for the second, when bags are [...]
Airlines stocks rise
August 18, 2009 ·
Airline stocks rose modestly at midday Tuesday, gliding upward on gains in the broader stock indexes as investors recovered from the previous day’s sell-off. An analyst at UBS raised his target prices on airline stocks, saying that July and August revenue at the carriers was a bit better than he had expected. The Amex Airline [...]
Republic Airways wins bid for Frontier, beats Southwest
August 14, 2009 ·
Republic Airways Holdings won the bankruptcy court auction for Frontier Airlines on Thursday, buying the Denver-based carrier for almost $108.8 million after Southwest Airlines Co.’s rival bid was rejected. Southwest said its $170 million bid was deemed unacceptable because the carrier would not back down from a requirement that its pilots and Frontier’s work out [...]
