- Some FLYi employees got golden parachute[Jan. 08, 2006]
FLYi, parent of Independence Air, grounded its fleet Jan. 5 following its last flight, an A319 from Tampa that landed at Washington Dulles.Some 2,700 workers were left unemployed by the shutdown. The low-fare carrier, formerly known as Atlantic Coast Airlines, made the decision Jan. 2 to cease operating after failing to gain financial support from outside investors.
- Airbus and Boeing race goes to the wire[Jan. 05, 2006]
Boeing has had its most successful year ever in 2005 in terms of orders, but Airbus could still beat its rival later this month if it firms a series of crucial commitments.
- US Northwest lays plans for regional ops[Jan. 06, 2006]
Northwest Airlines plans to establish a separate unit that will fly new, regional jets to smaller cities that it currently serves as soon as 2007, according to a company newsletter.
- Independence Air grounding to aid rivals[Jan. 05, 2006]
The grounding of Independence Air, a regional airline turned low-cost carrier, is expected to provide a modest boost to its rivals, especially on the US East Coast, where its discounting has depressed fares.
- Indonesia to support ailing Garuda[Jan. 05, 2006]
Indonesia wants to inject funds into state-owned airline Garuda Indonesia and may also sell a stake, Transport Minister Hatta Radjasa said on Thursday.
- Virgin Blue's November traffic up 8.6%[Jan. 05, 2006]
Australian budget airline Virgin Blue said on Thursday November passenger traffic rose by 8.6 percent on a year ago after slowing capacity growth and introducing a frequent-flyer program.
- Boeing triples orders in 2005[Jan. 05, 2006]
Boeing's commercial plane orders more than tripled to a record 1,002 for 2005, the US planemaker said on Thursday, signaling that it will probably reclaim the lead from European rival Airbus for the first time since 2001.
- US carriers return jets to Canada agency[Jan. 05, 2006]
Two US airlines are returning 42 regional jets to Canada's export lending agency, which guaranteed the sale of the 50 seat Bombardier aircraft, an agency spokesman said on Thursday.
- US Northwest to create new regional carrier[Jan. 05, 2006]
Bankrupt Northwest Airlines intends to create a new regional feeder airline that will fly 70- to 100-seat jets in medium-sized markets that Northwest says are key to its growth, according to a company newsletter published on Thursday.
- CSA Czech chairman Tvrdik to resign[Jan. 05, 2006]
CSA Czech Airlines announced that President and Chairman Jaroslav Tvrdik is resigning, subject to formal approval at extraordinary board meetings scheduled Jan. 18.