UAL Posts Quarterly Loss As Fuel Costs Jump
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UAL, parent of United Airlines, reported a quarterly loss on Tuesday, caused by skyrocketing fuel costs and economic weakness in the industry.
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UAL, parent of United Airlines, reported a quarterly loss on Tuesday, caused by skyrocketing fuel costs and economic weakness in the industry.
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El Salvador's TACA airline said on Wednesday it will pay about USD$1 billion for 12 A320 and three A319 planes it has ordered from European manufacturer Airbus.
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Delta Air Lines' review of strategic alternatives, including mergers, is continuing, its chief executive said on Wednesday, declining to comment on specifics.
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Irish airline Ryanair said on Wednesday it would raise charges for checking in baggage at airports with immediate effect as part of a cost saving drive aimed at coaxing more passengers to travel with hand luggage only.
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Southwest Airlines said on Wednesday that quarterly profit nearly doubled on big gains from its industry-leading fuel hedges.
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Delta Air Lines on Wednesday posted a fourth-quarter net loss on high fuel prices that have also hammered its rivals.
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Lufthansa is interested in buying a majority stake in Poland's national carrier LOT, a deputy treasury minister was quoted as saying on Thursday.
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Iberia declined to comment on Thursday regarding a report it was looking to bid for Spanair, while analysts warned of the dangers of an approach from the Spanish airline.
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An animal rights organization criticized Singapore Airlines on Thursday for an advertisement using an elephant to sell flights.
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China Eastern Airlines will try harder to enlist shareholders' support for a tie-up with Singapore Airlines, the company's chairman was quoted on Thursday as saying.
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Delta Air Lines would face an unprecedented airline antitrust review if it decides to propose a merger with either Northwest Airlines or United Airlines parent UAL.
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Two more US airlines withdrew part of their USD$25 each-way fuel surcharges on Tuesday further jeopardizing the efforts of top carriers to pass on their fuel costs to customers, a fare tracker said.