- Malaysian Airlines and AirAsia Nearing Deal to Work Together-Report[Aug. 06, 2011]
Malaysia's two major airlines, Malaysian Airline System (MAS) and AirAsia are poised to form a working partnership, the Edge financial newspaper reported on Saturday quoting unnamed sources.
- Air Canada, WestJet Upbeat Despite Costs, Economy[Aug. 05, 2011]
Air Canada and WestJet Airlines sketched a relatively optimistic outlook for the third quarter on Thursday, despite high fuel prices and uncertainty over the global economy.
- Southwest Overture Stirs Airbus Jet Order Hopes[Aug. 04, 2011]
Southwest Airlines and Airbus have begun a warm top-level exchange, prompting the jetmaker to hope Boeing's biggest customer may eventually take an interest in its planes, sources close to the matter said.
- Analysis: Airlines Stand by Fare Hike Despite Pressure[Aug. 03, 2011]
U.S. airlines are not likely to bow to pressure from the White House and elsewhere to rollback a fare increase facilitated by a Washington political standoff that could net the industry more than US$1 billion in unexpected third quarter revenue.
- Delta Air Lines July Traffic Up Slightly[Aug. 03, 2011]
Delta Air Lines Inc. said on Wednesday that its July traffic rose slightly from a year earlier, while occupancy on its planes fell slightly.
- JAL Secures Net, Operating Profits[Aug. 04, 2011]
Japan Airlines Corp. said Wednesday it logged group net and operating profits in the April to June period as restructuring efforts helped mitigate the adverse impact of the March disaster.
- Orbitz Shares Slip Despite American Airlines Deal[Aug. 02, 2011]
Shares of online travel reservations company Orbitz Worldwide Inc. slipped on Tuesday even though the company had announced an agreement to continue selling American Airlines tickets into 2012.
- JAL Posts Net Profit Despite Travel Decline[Aug. 03, 2011]
Japan Airlines Corp. posted a net profit of 12.76 billion yen (US$165.4 million) for its fiscal first quarter on Wednesday, despite a falloff in travel demand in the wake of the March 11 disaster.
- IATA Says Global Airline Profits Fall in Q2 Despite European Recovery[Aug. 03, 2011]
The International Air Transport Association says world airlines are showing their first year-on-year fall in profits since mid-2009, despite improving profits in Europe.
- U.S. FAA Funding Impasse Could Result in US$1.2 Billon Revenue Losses: Report[Aug. 03, 2011]
The partial shutdown of the U.S. Federal Aviation Administration (FAA) is expected to cost the federal government at least US$1.2 billion in tax revenue, as the impasse is likely to last until early September when Congress returns from summer recess, CNN reported Tuesday.