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CIA World FactbookThe government of India today approved two long-discussed moves to attract foreign direct investment (FDI) to the country. In the more important of the two actions, India has...
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A number of airlines are trying to take back their booking business from travel websites like Priceline.com Inc. (NASDAQ: PCLN), Orbitz Worldwide Inc. (NYSE: OWW), Expedia Inc. (NASDAQ: EXPE),...
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This morning’s disappointing employment numbers from the Labor Department haven’t stopped Delta Air Lines Inc. (NYSE: DAL) investors from pushing shares 3% higher in morning trading to nearly...
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Wikipedia/Public DomainDelta Air Lines Inc. (NYSE: DAL) will move further into the oil refinery business as a means to keep its fuel costs low. While other airlines have not followed into the...
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Boeing cockpitThe demand for new civilian passenger and freight aircraft in the 2012-2031 time frame promises to double the existing fleet at a cost of about $4 trillion over the 20-year period. The...
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AMRBankrupt AMR Corp. and US Airways Group Inc. (NYSE: LCC) have announced that the two companies have entered a nondisclosure agreement (NDA), under which the companies have agreed to exchange...
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Passenger travel actually posted a 3.4% year-over-year gain in July, but that gain was much lower than the 6.3% increase in June and the 6.5% increase in the first six months of 2012. July freight...
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The use of cellphones during a passenger airline flight interferes with cockpit instruments. That means that the phones might cause a plane to crash, or at least that is what carriers probably want...
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AMRIt is almost hard to believe, but AMR Corporation (NASDAQOTH: AAMRQ.PK) has proven to be profitable in the month of July. AMR has made an SEC Filing which discloses its Monthly Operating Report...
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The recovery and consolidation of the airline industry since the recession has helped the sales of both Boeing Co. (NYSE: BA) and Airbus. But the momentum has started to shift the other way as high...
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JetBlue Airways Corp. (NASDAQ: JBLU) will not be one of the bidders for the assets of bankrupt AMR, parent of American Airlines. That does not leave the crippled airline without a suitor. U.S....
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AMRAMR Corp., the parent of American Airlines, is considering what its CEO calls the “attractive option” of a merger with smaller competitor US Airways Group Inc. (NYSE: LCC) as the company...
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OK, so maybe it pays more to be one of the companies that blew out the travel agent jobs than it does to own an airline. After all, Warren Buffett said to never own a commercial airline carrier. All...
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With the announcement of a commitment for 54 of its 737 aircraft, Boeing Co. (NYSE: BA) today took another shot at Airbus, the European Aeronautic Defense and Space Co. (OTC: EADSY), in an...
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United Continental Holdings Inc. (NYSE: UAL) the Chicago-based parent of United Airlines, has reached a tentative agreement on a new labor contract with the Air Line Pilots Association. The pilots...
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