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Air France said it hoped to return to normal service quickly after a five day cabin crew strike over pay, and added it would resume negotiations with union representatives on Tuesday.
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Korean Air on Tuesday reported a better-than-expected quarterly operating profit, fueled by higher traffic and a firmer won currency against the dollar.
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Northwest Airlines on Monday beat forecasts, reporting a USD$244 million quarterly profit on cost cutting and higher fares.
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Boeing Co. on Monday introduced a share repurchase program to buy back up to $7 billion in stock.
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The chief of Boeing's commercial plane unit said that orders might level off in 2008, but the company is hopeful US airlines are ready to start buying new aircraft.
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If you were one of the thousands of Americans stuck at an airport or stranded on a runway this past summer, you're probably not surprised that 2007 is shaping up as the worst year ever for flight delays, with nearly 30 percent of all flights arriving late between January and August. That's just the beginning. With U.S. flights projected to double in the next 20 years, the Federal Aviation Administration says that the current air-traffic-control system will be effectively gridlocked by 2015.
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Saskatonians may be pining for a direct WestJet flight to Toronto, but a company representative said Tuesday plans for such a route are not a priority.
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Airline service fees at Toronto's Pearson International Airport are being reduced. According to the Greater Toronto Airports Authority (GTAA), airlines will see a reduction in fees for all services, effective Jan. 1, 2008.
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Airbus delivered the first A380, the world's largest airliner, to Singapore Airlines on Monday.
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Airbus on Monday handed over the first A380 plane to Singapore Airlines after two years of setbacks and speculation of further delays.
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The Mexican government said on Tuesday it was close to accepting a USD$206 million bid by Citigroup and its partners for Aeromexico, but a rival group promised a new offer in a heated bidding war for the money-losing airline.
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Deliveries of the Airbus military A400M airlifter will be delayed by at least six months, Airbus parent EADS said on Wednesday.
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Air France-KLM and Delta Air Lines announced plans on Wednesday to team up on routes linking major US cities and London's Heathrow Airport in a challenge to rival British Airways.
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Boeing on Tuesday named Pat Shanahan to replace Mike Bair as head of the 787 Dreamliner program, which has been delayed by at least six months.
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