By Travel-Guy, 1 year and 11 months ago

Raymond James boosts WestJet price target

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Raymond James Ltd. analyst Ben Cherniavsky is a new convert to WestJet Airlines Ltd. (WJA-TSX).

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By Travel-Guy, 1 year and 11 months ago

Korean Air to buy 25 planes from Boeing

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South Korea's flag carrier Korean Air said it will buy 25 aircraft from Boeing Co. for around $5.5 billion, the largest aviation deal in the nation's history.

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By Travel-Guy, 1 year and 11 months ago

British Airways Passengers Down On Security Scare

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British Airways said on Tuesday passenger traffic slipped in November in the aftermath of new airport security rules and a dip in trans-atlantic business.

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By Travel-Guy, 1 year and 11 months ago

Air Canada, WestJet See Higher November Loads

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Air Canada and rival discount carrier WestJet Airlines both flew fuller planes in November than a year earlier, the country's two dominant airlines said on Tuesday.

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By Travel-Guy, 1 year and 11 months ago

US Airways Confident On Delta Acquisition

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US Airways is confident its proposed merger with bankrupt Delta Air Lines will win approval from Delta's creditors and be completed despite opposition from Delta management, the president of US Airways said on Tuesday.

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By Travel-Guy, 1 year and 11 months ago

Brazil To Let US Pilots Go After Crash Probe

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Two US pilots should be allowed to go home after being forced to stay in Brazil for more than two months over their role in the country's worst air disaster, a Brazilian court ruled on Tuesday.

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By Travel-Guy, 1 year and 11 months ago

US Drops Key Element Of 'Open Skies' Air Deal

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The United States withdrew a proposal on Tuesday to ease restrictions on overseas investment in US airlines, potentially jeopardizing a deal with Europe to broaden trans-Atlantic competition.

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By Travel-Guy, 1 year and 11 months ago

WestJet Reports a Record November Load Factor

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WestJet (TSX:WJA) announced today its traffic results reporting a record November load factor of 73.4 per cent with substantial increase in capacity of 27 per cent and revenue passenger miles of 29 per cent. This load factor exceeds the previous November high, of 71.9 per cent recorded in 2005, by 1.5 points. Year-to-date load factor increased to 78.2 per cent from 74.2 per cent, an increase of 4.0 points.

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By Travel-Guy, 1 year and 11 months ago

Air Canada Load Factor Hits New Monthly Record

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Air Canada's flights had a higher proportion of filled seats last month than in any previous November in history, the air carrier reported Tuesday.

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By Travel-Guy, 1 year and 11 months ago

TSX is Five for Five

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A strong showing by mining, technology and energy stocks pushed the Toronto stock market to another record close Tuesday — its fifth in a row — as investors took in a major acquisition in the forestry sector.

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By Travel-Guy, 1 year and 11 months ago

Traffic Soars at Airport

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With almost a month to go in the travel year, Charlottetown airport broke its annual traffic record Monday when passenger number 212,492 picked up his boarding pass at the Air Canada ticket counter.

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By Travel-Guy, 1 year and 11 months ago

Lufthansa may announce 747 order

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Germany's Deutsche Lufthansa could announce as soon as Wednesday that it will order the passenger version of Boeing Co.'s updated 747 jumbo jet at the expense of Airbus, the Wall Street Journal reported on Tuesday.

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By Travel-Guy, 1 year and 11 months ago

Air Canada Makes Emergency Landing

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An Air Canada flight from Tokyo to Vancouver has landed without incident after one of its engines went down.

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By Travel-Guy, 1 year and 11 months ago

Air Canada Technical Services buys stake in El Salvador maintenance division

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Air Canada Technical Services is buying 80 per cent of Grupo TACA's Aeroman aircraft maintenance division in El Salvador, extending the Canadian company's geographic reach toward South America, a growing market.

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By Travel-Guy, 1 year and 11 months ago

Air Canada flew fuller planes in November

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Air Canada (ACa.TO: Quote) flew fuller planes in November than a year earlier while its overall capacity increased, the country's biggest airline said on Tuesday.

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