Airline Industry

Source: topics.nytimes.com --- 26 days ago
Citing high fuel prices, airlines are reducing the number of cities they serve and are cutting back the number of daily flights to any given destination, leaving business travelers with fewer options. ...

Source: blogs.usatoday.com --- 27 days ago
Making a play for college students, Lufthansa today will unveil a website that it says is the "Airline Industry's first social network exclusively for college student travelers." Dubbed GenFlyLounge, Lufthansa says the website -- found at www.genflylounge.com -- will be... ...

Source: blogs.usatoday.com --- 25 days ago
The emerging global financial crisis will won't spare the aviation sector, foreign Airline chiefs said Wednesday at a panel discussion in Germany. "The financial crisis will lead to financing problems," Jean Christoph Debus, managing director of holiday Airline Condor, is... ...

Source: uk.reuters.com --- 27 days ago
LONDON (Reuters) - British Airways Chief Executive Willie Walsh said on Tuesday the Airline Industry was going through its biggest ever crisis, and repeated his warning that more carriers would go bust. ...

Source: findarticles.com --- 38 days ago
August 26, 2008 -- Airline Industry INFORMATION-(C)1997-2008 M2 COMMUNICATIONS LTD Virgin America announced on 25 August that it has teamed up with HBO for the launch... ...

Source: findarticles.com --- 38 days ago
August 26, 2008 -- Airline Industry INFORMATION-(C)1997-2008 M2 COMMUNICATIONS LTD Tealeaf, a software house providing business analysis systems, has reported that... ...

Source: findarticles.com --- 38 days ago
August 26, 2008 -- Airline Industry INFORMATION-(C)1997-2008 M2 COMMUNICATIONS LTD Air New Zealand has reported a 24% decline in earnings for the 12 months ended 30... ...

Source: ilp-www.mit.edu --- 33 days ago
The MIT Airline Industry Consortium is an outgrowth of the MIT Global Airline Industry Program, sponsored by the Alfred P. Sloan Foundation. Its goal is to engage Industry stakeholders in the next phase of the Program's research and to provide a forum for addressing key issues facing the Airline Industry during this critical period of transformation. The Consortium membership will include invited airlines, aircraft manufacturers, aviation consultants, information technology suppliers, airports and infrastructure providers, labor groups and government agencies. Members of the MIT Airline Industry Consortium support and participate in the research and educational efforts of the Global Airline Industry Program, and contribute to the development of our strategic aviation research agenda. Consortium members will be invited to attend several Global Airline Industry Program events each year, including an annual review our research activities and topical forums on key Industry issues. Membership fees from the Airline Industry Consortium supplement the funding of the MIT Global Airline Industry Program provided by the Sloan Foundation and will eventually replace this funding to place the Program on a self-sustaining basis. Consortium members will be able to participate in the research and educational efforts of the Global Airline Industry Program. Specific benefits for Consortium members include: (*) Annual meeting at MIT to review research ac ...

Source: phoenix.bizjournals.com --- 20 days ago
Airlines say commodity speculators and lack of congressional action contributed to the big run-up in oil prices Monday. (LCC) ...

Source: www.abc.net.au --- 29 days ago
A British tour company has collapsed overnight grounding flights and leaving the travel plans of more than a quarter of a million people in disarray. It's the latest in a string of casualties in the Airline Industry. ...

Source: www.associatedcontent.com --- 27 days ago
This Paper gives a brief review of the Airline Industry and the vulnerability of it to economic forces ...

Source: www.ameinfo.com --- 7 days ago
Emirates Airline has recently won the prestigious international award 'Best Global Airline Website' in the 2008 'WebAwards'. ...

Source: news.cheapflights.co.uk --- 11 hours ago
An Industry body representing 79 European airlines has warned that the sector faces some of the biggest challenges in its history. Noting that a total of 35 carriers have declared bankruptcy this year alone, Mike Ambrose, the director general of... ...

Source: seekingalpha.com --- 6 days ago
FP Trading Desk submits: With the market meltdown back to business on Monday, several analysts have been busy telling clients just how they feel about the Airline Industry these days. The conclusion? Not good. UBS Analyst Fadi Chamoun said: Complete Story » ...

Source: business-times.asiaone.com --- 29 days ago
(LONDON) Britain's already struggling travel Industry suffered a pair of new setbacks on Friday when one of the country's largest tour operators collapsed and British Airways offered thousands of its managers incentives to quit. ...

Source: business-times.asiaone.com --- 40 days ago
(NEW YORK) America's airlines had hoped for a fresh start after Labour Day, with streamlined schedules and smaller fleets that were meant to help them cope better with the high cost of jet fuel. ...

Source: aviationblog.dallasnews.com --- 35 days ago
Calyon Securities Airline analyst Ray Neidl says he thinks the Industry is "bottoming out." Now, some industries hit bottom and begin digging. But Mr. Neidl cites three reasons why he thinks things won't get worse: "oil prices coming down, aggressive action by airlines to cut capacity and costs while supporting ticket prices, and the ability to raise additional cash through the equity markets." Says Mr. Neidl in a research report out Monday: If the worst is over, at the current low stock prices even after the recent rally, we could see a strengthening of Airline stock prices between now and next spring. With capacity constraints and continuing yield improvement, the Industry could return to profitability by next summer. However, we are maintaining our Neutral ratings on the US carriers as we believe they will continue to trade with oil prices. For most carriers, the road to profitability will be from generating more revenue, not from cutting costs, Mr. Neidl says. "Fuel costs are an unknown factor, labor costs will probably hold steady, and other costs have already been significantly reduced; limited further progress is expected," he writes. Industry analysts have been expressing cautious optimism for the Industry as fuel prices have come back down from their record highs. The New York Harbor spot price for jet fuel last week fell to around $3.25 a gallon, down from $4.33 a gallon in early July. And as the Air Transport Association ...

Source: www.foxbusiness.com --- 40 days ago
IATA Sees Airline Industry Posting Losses Of $5.2B In 2008 ...

Source: archive.gulfnews.com --- 40 days ago
The global Airline Industry is set to post losses of $5.2 billion this year and $4.1 billion in 2009 as a result of oil prices, the International Air Transport Association (IATA) said on Wednesday. ...

Source: forums.dailyrotten.com --- 34 days ago
New York Times | Submitted by: jonestown "Shares of United Airlines lost nearly all their value Monday morning when a false rumor swept financial markets that the struggling carrier had filed for bankruptcy protection... United shares traded at one cent in late morning on the New York Stock Exchange, down 99.92 percent, or $12.29." Discuss... ...