airline industry

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AA Should Bag Boneheaded Luggage Fee
AA Should Bag Boneheaded Luggage Fee
OPINION
May 29, 2008 6:28 AM CDT

AA Should Bag Boneheaded Luggage Fee

Or face more delays, lost baggage, and longer security lines

(Newser) - American Airlines’ plan to charge passengers $15 to check a bag is likely to cost the carrier more money than it generates, Joe Brancatelli argues in Portfolio. “Not only will it infuriate flyers—who are already annoyed with American’s lousy operating efficiency and its recent maintenance snafus—it’...

CEOs of United, US Airways Will Meet to Talk Merger

Top executives of the airlines plan face-to-face meeting tomorrow

(Newser) - The CEOs from United Airlines and US Airways will meet tomorrow to try to nudge ahead talks of a possible merger, the Wall Street Journal reports. If they make headway, the executives could present a possible deal to their respective boards in mid-June. The deal, in the works for two...

Airlines Hike Ticket Prices
 Airlines Hike Ticket Prices 
May 24, 2008 11:05 AM CDT

Airlines Hike Ticket Prices

United raises prices by up to $60; American, Delta follow its lead

(Newser) - The big three US airlines responded to soaring oil prices by boosting most domestic prices by up to $60 roundtrip in the last few days, the AP reports. United led the way with increases from $10 to $60 Thursday; American and Delta followed suit yesterday. Meanwhile, low-cost AirTran raised its...

Airline Business Model Won't Work With $130 Oil

Analysts say current model won't work at $130 a barrel

(Newser) - The airline industry as we know it can’t function on $130-a-barrel oil, industry analysts are saying, and cost-cutting, ticket price increases, and bag-check fees won't make it viable. The Dallas Morning News looks at how hopeless it is for airlines to come anywhere near break-even at current costs, noting...

American Cuts Flights, Will Charge $15 for First Bag

Airline industry 'not built to withstand oil prices at $125 a barrel,' CEO says

(Newser) - American Airlines is cutting flights, jobs, and carrying capacity in its effort to withstand skyrocketing oil prices, the company announced today—and it's adding a $15 fee for some customers' first checked bag. US capacity could fall 12% as up to 85 planes are retired, the Wall Street Journal reports....

As Fuel Soars, Airlines Clip Regional Flights

Industry braces for slow summer with 2M fewer travelers predicted

(Newser) - Soaring fuel prices have prompted airlines to cut service—sometimes completely—to some 400 cities nationwide as carriers look for ways to maximize load and cut costs, reports the New York Times. Airlines reduced flights in May by 22,900 from a year ago, a 3% decline, and discontinued service...

How to Fit Everything in One Bag

Save money by packing wisely

(Newser) - With airlines charging more for extra bags, the trick is to fly light. A packing guru offers these tips for stuffing it all in one bag, NPR reports:
  • Make a no-frills list, and stick to it (see onebag.com for ideas).
  • Don't let any space go unused (stuff things into
...

FAA Questions American's Lightning Safety

Mechanics grumble after airline stops inspections

(Newser) - The FAA is questioning American Airlines' new policy on lightning inspections, and its opener is: Why doesn’t American do them anymore? American recently forbade its mechanics from doing extensive lightning damage checks unless pilots suspected a strike, a move designed to reduce delays and cancellations. Big airlines are typically...

Air Bargains Still There, But More Hunting Needed

Flexibility in schedule, destination seen as key to finding cheap travel

(Newser) - It’s no secret that airline ticket costs are up—18% on average from last year. But, the Los Angeles Times reports, deals are still there, if you’re wiling to hunt for them. Limited-time online bargains can provide cheap fares, and many travelers are searching smaller airlines’ websites for...

Boeing 787s Scheduled to Land 2 Years Late

Penalty payments could cost company up to $4B

(Newser) - Boeing's new 787 Dreamliner is already 15 months late, but delivery delays will back up the fuel-efficient jets by about another year, the Seattle Post-Intelligencer reports. Lease Financial Corp., the main buyer of 787s, will take delivery of its 74 planes 27 months late, and observers expect Boeing to pay...

Planes Slowing Down to Save on Fuel Costs

Airlines save millions by adding extra minutes to flights

(Newser) - As airlines feel the pain of higher energy prices, planes are slowing down to save fuel, the AP reports. Southwest, for instance, will save $42 million by adding a few minutes to each flight this year, and passengers are unlikely to notice. But it’s no cure-all: Labor costs go...

American Airlines Report Roasts FAA

Airline blames policy switch for thousands of canceled flights

(Newser) - American Airlines blames the FAA for its recent grounding of thousands of flights, the Wall Street Journal reports. The airline is set to deliver a report today that says 3,300 flights were canceled because FAA headquarters reversed a "handshake deal" the airline had with regional aviation officials that...

London-NYC Exec Airline Eos Files Chapter 11

High costs, sagging economy put end to another business class carrier

(Newser) - Business-class only Eos, struggling with rising fuel prices and unable to land a $50 million cash infusion to keep it aloft, filed for Chapter 11 bankruptcy protection last night, reports the Times of London. The airline, which offered business travelers cheap, high-quality flights between London and New York, follows fellow...

Continental Scuttles Merger With United

Execs scared by low earnings, sinking shares

(Newser) - Continental Airlines scuttled merger talks with United Airlines today and likely triggered other deals in the plunging industry. United's $357 million first-quarter losses and a plan to lay off 1,000 workers scared away Continental execs, the New York Times reports. Now United parent UAL will likely scramble to cut...

Air Safety Experts Most Worried About Runways

Ground incidents increase over last six months

(Newser) - FAA-mandated wiring fixes have grounded thousands of flights lately, but the runway is no safe place for planes, New York Times reports. Serious runway incidents nearly doubled to 15 over the past six months, compared with the same period a year ago. “Where we are most vulnerable at this...

Delta Posts $6.39B 1Q Loss
 Delta Posts $6.39B 1Q Loss 
EARNINGS REPORT
Apr 23, 2008 7:46 AM CDT

Delta Posts $6.39B 1Q Loss

Rising fuel costs bring airline to massive downturn despite sales increase

(Newser) - Staggering fuel prices overwhelmed a 12% sales increase and pushed Delta Air Lines to a $274-million loss in the first quarter, which ballooned to $6.39 billion on a $6.1-billion non-cash charge reflecting a decline in its market value. Excluding special items—including the bankruptcy-related charge—the airline lost...

Air France-KLM Pulls Offer for Alitalia

Berlusconi scrambles as bankruptcy looms for Italian carrier

(Newser) - Air France-KLM has withdrawn its offer to buy Alitalia, leaving the cash-poor Italian carrier with few options. In a tersely worded statement, the world's largest airline said its Alitalia overture—which had been opposed by Alitalia's unions—was "no longer valid." With no suitors forthcoming and cash reserves...

Airline Blames Feds for Grounded Planes

Safety guidelines unclear and unfair, company says

(Newser) - American Airlines is tired of taking the heat for 2,000 flight cancellations that travelers endured last week, the New York Times reports. The once-contrite company is now criticizing the FAA, saying its new safety guidelines are unclear and unfair. “We don’t know what the rules are,”...

Plane Trips Grow Longer
Plane Trips Grow Longer
Apr 18, 2008 11:33 AM CDT

Plane Trips Grow Longer

Carriers add up to 50% to flight times as congestion adds to ground, air delays

(Newser) - Air travel is the slowest it's been in the past 20 years, thanks to increased congestion both on the runway and in the air. A flight from Las Vegas to New York took 4 hours, 37 minutes in 1988, but that same route now requires over 6 hours, reports USA ...

Bumped From Your Flight? Airline Could Owe You $800

Feds double amount passengers can receive over overbooked planes

(Newser) - Passengers who get bumped off overbooked flights will be eligible for up to $800 for their inconvenience, the Los Angeles Times reports. The US Department of Transportation today doubled the amount passengers can receive, with the exact figure depending upon the ticket price and how long it takes passengers to...

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