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Posted on February 10th, 2013 by admin
Filed under: Uncategorized | 229 Comments »
It occurs to us that we’re seeing a number of airline unions announcing strike votes this year. The latest call for a strike vote came Tuesday from US Airways flight attendants and the Association of Flight Attendants-CWA. That union recently turned down a tentative agreement, the second such proposal rejected this year. Those flight attendants […]
Posted on October 15th, 2012 by admin
Filed under: Uncategorized | 271 Comments »
American Eagle mechanics and related employees rejected a new deal with the airline by a two-thirds vote. Fleet service clerks approved their deal by a two-thirds vote.
Posted on August 26th, 2012 by admin
Filed under: Uncategorized | 214 Comments »
Moody’s Investors Services has come out with a Goldilock’s view on the global airline industry. It doesn’t expect it to be too hot, nor too cold. Here are its bullet points, and we quote: » Our outlook for the global airline industry is stable based on our view that high fuel costs and economic headwinds […]
Posted on July 2nd, 2012 by admin
Filed under: Uncategorized | 233 Comments »
Airline stocks end 2011 with a sputter and brace for a challenging 2012, reports MarketWatch. Airline revenue has grown through airfare hikes and more fees, but carriers face volatile fuel prices and a weak global economy. “It’s going to be another tough year for airlines,” GimmieCredit bond analyst Vicki Bryan told MarketWatch. “We had a […]
Posted on December 31st, 2011 by admin
Filed under: Uncategorized | 254 Comments »
Four of today’s U.S. airline CEOs launched their careers from the same American Airlines’ office in the 1980s amid the early days of deregulation, The Associated Press reported. They are American’s Tom Horton, Spirit Airlines’ Ben Baldanza, US Airways’ Doug Parker and Virgin America’s David Cush, according to the AP article. “You didn’t know where […]
Posted on December 29th, 2011 by admin
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American Airlines isn’t the only U.S. carrier with issues. United Continental Holdings’ shares on Friday were down $1.10 to $19.16 as of 12:30 Central Time as some analysts cut their fourth-quarter profit estimates based on weaker-than-expected revenue. Shares had fallen as much as $1.86 earlier on Friday. United Continental said late Thursday in a federal […]
Posted on December 24th, 2011 by admin
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The U.S. Department of Transportation, under the direction of Transportation Secretary Ray LaHood, has been noticeably aggressive in protecting the interest of passengers. As of this week, the DOT has filed 60 orders finding that airlines had violated various laws and regulations, and issued civil penalties of more than $6 million. Fifty of the penalties […]
Posted on December 23rd, 2011 by admin
Filed under: Uncategorized | 48 Comments »
With Tuesday afternoon’s deadline for airlines to bid for slots at New York LaGuardia and Washington National passed, it looks like the high bids for the three bundles of slots is $104,000,150.03. And if the style of bids is any indication, the same airline was the high bidder for all three groups of slots. Why […]
Posted on November 24th, 2011 by admin
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Spirit plans to buy a bunch of airplanes. Spirit Airlines and Airbus said Tuesday they’ve signed a memo of understanding for Spirit to buy 75 aircraft from the Airbus A320 family – 30 of the current general and 45 of the A320 neo aircraft. The airplanes would be delivered between 2016 and 2021. These airplanes […]
Posted on November 18th, 2011 by admin
Filed under: Uncategorized | 234 Comments »
