NEW YORK - Shares of Delta Air Lines Inc. rose Thursday after Northwest shareholders approved Delta's bid for their company.
Other airline stocks were mixed as oil prices rose.
The Amex Airline Index gained 0.2 percent.
Oil prices, critical to airlines because jet fuel is their biggest expense, rose $1.55 to $107.28 per barrel, as investors awaited a deal to address the U.S. financial sector crisis and wondered whether that would affect energy demand. More... Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News
20080925
20080924
FAA punishes 2 go! airline pilots accused of falling asleep
The Federal Aviation Administration suspended the licenses of two go! airline pilots who allegedly fell asleep during a flight from Honolulu to Hilo earlier this year.
Captain Scott Oltman completed a 60-day suspension on Sept. 9 after the FAA cited him for careless and reckless operation of an aircraft and for failing to maintain radio communications, according to records provided by the FAA.
First Officer Dillon Shepley served a 45-day suspension for careless and reckless operation of a plane, the FAA said. Shepley's suspension also was completed on Sept. 9. More... Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News
Captain Scott Oltman completed a 60-day suspension on Sept. 9 after the FAA cited him for careless and reckless operation of an aircraft and for failing to maintain radio communications, according to records provided by the FAA.
First Officer Dillon Shepley served a 45-day suspension for careless and reckless operation of a plane, the FAA said. Shepley's suspension also was completed on Sept. 9. More... Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News
20080923
Avis Named North America's Leading Car Hire by International Travel Community at 15th Annual World Travel Awards
PARSIPPANY, NJ - Avis Rent A Car was recognized by more than 160,000 travel professionals as "North America's Leading Car Hire" at the regional World Travel Awards for the Americas, held recently in Orlando, Fla. The World Travel Awards were established in 1993 to acknowledge and celebrate excellence in the world's travel and tourism industry.
"We appreciate the recognition of the international travel community as North America's Leading Car Hire," said Tom Gartland, executive vice president of sales and marketing for Avis Budget Group, parent company of Avis. More... Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News
"We appreciate the recognition of the international travel community as North America's Leading Car Hire," said Tom Gartland, executive vice president of sales and marketing for Avis Budget Group, parent company of Avis. More... Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News
20080922
Airline stocks fall as oil prices rise
NEW YORK - Airlines stocks fell Monday as oil prices rose on hopes that a plan to stabilize the U.S. financial sector would spur growth and demand for energy.
Light, sweet crude for October delivery gained $2.33 to $106.88 per barrel in morning trading on the New York Mercantile Exchange, continuing a rally that started on Friday, when a similar contract gained $6.67. More... Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News
Light, sweet crude for October delivery gained $2.33 to $106.88 per barrel in morning trading on the New York Mercantile Exchange, continuing a rally that started on Friday, when a similar contract gained $6.67. More... Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News
20080919
Pilots file suit vs. US Airways
A group of former America West Airlines pilots are asking a federal court in Phoenix to stop US Airways Group Inc. from furloughing any more pilots that flew for America West.
America West merged with US Airways in 2005. The combined carrier took the US Airways name. US Airways, which is one of the largest airlines flying out of Dayton International Airport, plans to reduce domestic service in the fourth and first quarters. As a result, 300 pilots will placed on leave. They could be called back to work, but that isn’t guaranteed. More... Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News
America West merged with US Airways in 2005. The combined carrier took the US Airways name. US Airways, which is one of the largest airlines flying out of Dayton International Airport, plans to reduce domestic service in the fourth and first quarters. As a result, 300 pilots will placed on leave. They could be called back to work, but that isn’t guaranteed. More... Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News
20080918
Deal to save Italian national airline Alitalia collapses
The bankrupt Italian airline, Alitalia, faces imminent collapse after a consortium of Italian industrialists today withdrew its offer to buy the carrier.
Silvio Berlusconi, the Prime Minister, said: "We are facing the abyss." Luigi Angeletti, head of the UIL union, one of three unions that had accepted the bid by the Italian Air Company (CAI), said that the collapse was "a catastrophe for Italian society and trades unions".
The news comes after weeks of brinkmanship, with unions banking on being able to squeeze further concessions from the consortium and calculating that Mr Berlusconi, who had put his prestige on the line to find an "Italian solution", would not allow it to fail. More... Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News
Silvio Berlusconi, the Prime Minister, said: "We are facing the abyss." Luigi Angeletti, head of the UIL union, one of three unions that had accepted the bid by the Italian Air Company (CAI), said that the collapse was "a catastrophe for Italian society and trades unions".
The news comes after weeks of brinkmanship, with unions banking on being able to squeeze further concessions from the consortium and calculating that Mr Berlusconi, who had put his prestige on the line to find an "Italian solution", would not allow it to fail. More... Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News
20080909
American Airlines Named North America's Leading Airline at 2008 World Travel Awards
FORT WORTH, Texas - American Airlines has been named "North America's Leading Airline" at the 2008 World Travel Awards, a travel industry award program that has been described by the Wall Street Journal as the "Oscars of the Travel Industry."
American received the designation this past weekend during a gala for North and Central America winners held at the Walt Disney World Resort in Orlando, Fla. Nearly 170,000 travel professionals around the world were solicited for their input, with their votes determining the winner.
In 2007, travel professionals at the World Travel Awards selected American Airlines as offering the world's leading Economy Class product. American is a founding member of the global oneworld(R) Alliance, itself named the world's leading airline alliance for the fifth consecutive year at last year's World Travel Awards. More... Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News
American received the designation this past weekend during a gala for North and Central America winners held at the Walt Disney World Resort in Orlando, Fla. Nearly 170,000 travel professionals around the world were solicited for their input, with their votes determining the winner.
In 2007, travel professionals at the World Travel Awards selected American Airlines as offering the world's leading Economy Class product. American is a founding member of the global oneworld(R) Alliance, itself named the world's leading airline alliance for the fifth consecutive year at last year's World Travel Awards. More... Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News
20080905
Continental caves, to charge for 1st bag
Continental joined American, United, US Airways, and Northwest in charging some coach customers $15 for the first checked bag.The fee won't apply to elite frequent-flier members, passengers in first- or business-class seats, those paying full-fare coach, or military personnel and their families traveling on official orders. It takes effect immediately for travel in the United States and Puerto Rico, the US Virgin Islands and Canada for travel starting Oct. 7 or later.That leaves the Big Three of the Free First Bag: Delta, Southwest, and JetBlue. Source Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News
20080904
Midwest Pilots Express Outrage at Airline's Deal With Republic Airways
MILWAUKEE - Captain Jay Schnedorf, chairman of the Midwest Airlines unit of the Air Line Pilots Association (ALPA), issued this statement today following Midwest Airlines' announcement that it had secured commitments from Republic Airways Holdings. As part of the deal, Midwest announced that Republic flightcrews would fly 12 EMB 170s as Midwest Connect, beginning October 1, 2008, directly replacing all but nine of the Boeing 717 aircraft flown by Midwest pilots. More... Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News
20080903
Airline stocks rally as crude prices drop to lowest level since April
NEW YORK - Shares of airline companies rallied in morning trading Tuesday as crude oil prices fell sharply, dropping to their lowest price since April.
October crude futures tumbled $7.25 to $108.21 a barrel, the lowest price seen for that contract since April. The contract has now lost 27% since hitting an all-time high of $147.90 in intraday trading on July 11.
The Amex Airline Index rose 11% to trade at $26.93, up 53% from a recent low of $12.66 reached on July 18. More... Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News
October crude futures tumbled $7.25 to $108.21 a barrel, the lowest price seen for that contract since April. The contract has now lost 27% since hitting an all-time high of $147.90 in intraday trading on July 11.
The Amex Airline Index rose 11% to trade at $26.93, up 53% from a recent low of $12.66 reached on July 18. More... Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News
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