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Airlines |
| by Airline News |
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| Mesa Air looks for shareholders' OK to offer more shares |
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"I don't know how much that relieves the pressure." Mesa Air Group Inc. hopes shareholders will soothe its financial troubles this week by allowing the airline to issue millions of new shares valued at nearly twice the company's current market capitalization. The Phoenix-based carrier is expected to ask permission Tuesday at its annual shareholders meeting to sell as much as $37.8 million in new common stock. The shares would help the airline pay off debt that...
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| Dreamliner delays may cost Boeing billions |
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Production delays on the 787 Dreamliner could cost Chicago's Boeing Co. billions in late fees, industry analysts said. via Political Gateway
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| United Airlines names new chief operating officer |
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"One could say that by putting him out there in this position ... they are putting their best talent out there in the front." UAL Corp's United Airlines on Thursday named John Tague to the position of chief operating officer, a move one industry expert said may represent a management reshuffling ahead of a possible merger with US ... |
| 3 hurt in China airline evacuation for fire alarm |
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News reports say three people were injured as passengers evacuated a Chinese jetliner at Beijing airport following a fire alarm. The Communist Party newspaper People's Daily says the alarm went off as the China Eastern Airlines flight was preparing to take off Saturday. It says the passengers were ordered to evacuate, and three people were injured. The reason for the alarm was under investigation. A woman who answered the phone at China Eastern's office at the Beijing airpo...
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| Air Canada reduces first-quarter operating loss despite soaring fuel costs |
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"Our revenue model delivered solid revenue growth, and contributed to a 4.8 per cent improvement in our unit costs in the quarter, excluding fuel" - Air Canada (TSX:AC.A) produced stronger than expected results in the traditionally slow first quarter as its operating performance improved despite rising fuel costs that have battered all the world's air carriers. The Montreal airline said Thursday its operating loss in the January-March quarter fell sharply to $...
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| Southwest Adds 5 Nonstops, 3 Destinations From DIA |
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Southwest Airlines says it is adding five nonstop flights and three destinations from Denver. The Dallas-based low-cost carrier said Wednesday it will add nonstop flights to Sacramento, Calif., Fort Lauderdale-Hollywood, Fla., and New Orleans. Southwest says it will add one daily nonstop to Phoenix, for a total of seven. The airline now has 61 daily nonstops from Denver, up from 13 when it returned to the city in January of 2006. Its latest expansion comes less th...
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| New date for T5 long-haul flights |
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British Airways will start transferring its Heathrow long-haul flights to the ill-starred new Terminal 5 on June 5. BA and Heathrow operator BAA said eight long-haul flights, including services to New York, ... vi...
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| New nonstop between Sea-Tac and Beijing |
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Northwest Airlines will begin daily nonstop service from Sea-Tac Airport to Beijing on March 1, 2009.
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