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The CEO and director general of the International Air Transport Association (IATA) told the group’s annual meeting in Beijing that the industry is “fragile … with serious downside risks.” The...
The global airline industry is no where close to recovery according to the head of its largest trade association. “Oil prices are high, although moderating somewhat from recent peaks. The European...
The airline industry was looking like it was all set for recovery just last week.  Despite the economic softness, three different analysts were talking up the sector.  It turns out that at least...
Delta Air Lines Co. (NYSE: DAL) reported May traffic numbers this morning and the results have been dragging down sector stocks. Here’s the root of the problem: While lower than recent guidance by...
Oil had a really dismal May, losing roughly 17% and hitting under $87.00 per barrel for WTI Crude on Thursday. While this may not be good for oil barons, the airline industry is getting a virtual...
The International Air Transport Association (IATA) today released traffic data for April showing that total passenger demand rose 6.1% year-over-year, with international traffic up 7.4% and domestic...
Oil is tanking behind Europe, commodity inventories are up, and refineries are running at very high historic levels.  And guess what, airplanes are full, fares are up, carriers are passing on...
Airlines as a group had their best on time arrival performance in the first quarter since the Transportation Department began to collect data in 1995. The news was particularly good for customers of...
The problem of small cracks in the wings of the Airbus A380 have been well-publicized and led to the company being named to our list of the nine most damaged brands in the US. Now the problems seem...
Is the economy so weak that the summer and rest of 2012 will be punishing on the airline industry?  Apparently not.  Have you been to an airport and flown lately?  Chances are high that if you...
One of the press’ favorite business stories this week is about Spirit Airline’s plan to charge as much as $100 for big carry on bags. The airline sets its ticket prices so low that large fees are...
A deal that first made it into public view less than a month ago has now been completed. Delta Air Lines Inc. (NYSE: DAL), through its wholly-owned Monroe Energy LLC subsidiary, has acquired the...
Two of the US’s largest airlines reported earnings today, Delta Air Lines Inc. (NYSE: DAL) and US Airways Group Inc. (NYSE: LCC), and both showed a profit thanks to mark-to-market gains on fuel...
A couple of weeks ago there were press reports that Delta Air Lines Inc. (NYSE: DAL) was contemplating the acquisition of one of three idled Eastern US refineries, with the most likely being the...
Aircraft maker Boeing Co. (NYSE: BA) reported this morning that it delivered 137 new commercial airliners in the first calendar quarter of the year, a jump of 32% over the 104 commercial aircraft it...