PRICE OF OIL SENDS AIRLINE STOCKS TUMBLING
As the Middle East civil unrest continues, European airlines have been hit by a rising oil price and been required to cancelled flights to Libya. Futures for April delivery in New York rose by nearly ...
As the Middle East civil unrest continues, European airlines have been hit by a rising oil price and been required to cancelled flights to Libya. Futures for April delivery in New York rose by nearly ...
With Chicago once more under a blanket of snow and freezing conditions closing many airports across the Eastern US, airlines could be forgiven for considering buying snow hedges – yes hedges not sl...
A new cable car crossing over the Thames in London from the 02 Arena to the Royal Docks has received full planning permission and local authority agreement, but it was only yesterday, three years a...
EADS looks set to have a rollercoaster ride on the markets once again in a repeat of the Daimler divestment attempt of 2007/2008. Daimler is reported in German newspaper Frankfurter Allgemeine Zei...
Air India yesterday delayed for the second time payment of salary to all of its 30,000 employees for the month of January. The Indian flag carrier, which had earlier said that the salaries would be...
A program that subsidizes air services to small airports across the USA, often in remote communities, is shaping up as a key testing ground for the newly elected Congress and its aim of shrinking t...
Delta president Edward Bastian, speaking at a conference in the US yesterday, confirmed that the Atlanta-based airline is set to reduce its debt by $7 billion over a three-year period. Fuel costs r...
Jet Airways (India) Ltd, India’s largest airline by passengers carried, reported an 11.7% increase in net profit for Q3, traditionally a peak season for Indian domestic airlines. Jet Airways report...
Having lost out in 2010 to an unwavering Willie Walsh, the unions now look to underhand guerrilla-style tactics aimed at causing British Airways maximum damage. We have said it before and we will ...
The following cable provides us with a rare insight in to the dealings behind closed doors from March 2010 when it is clear that the UK/Spanish governments assisted the antitrust immunity negotiati...
There are multiple reports coming from within Chile that top antitrust authorities have suspended the merger between Chilean airline LAN and Brazilian airline TAM. The daily newspaper La Tercera ha...
Improving business travel on the back of the recovering global economy helped United Continental and US Airways top Wall Street profit estimates this week sending both airline stocks about 7% highe...
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