Cantor Fitzgerald, the securities firm whose World Trade Center offices were destroyed on September 11, 2001, has been told by US District Judge Alvin Hellerstein that it cannot claim profits lost ...
American Airlines continues to lose money despite making more revenue from higher fares and money from extra fees. A new strategy aimed at putting more high-dollar business travellers on internatio...
Aon has said in its December 2010 edition of Airline Insurance Market News, that the airline market remains “soft,” despite lead and hull and liability numbers “The 19% average premium increase in...
The US Federal Aviation Authority (FAA) has proposed $359,000 in civil penalties against SkyWest Airlines for alleged violations. The FAA complaint includes a penalty of $220,000 for failure to doc...
Pierre Beaudoin, chief executive of Bombardier, has announced the company is on schedule with the development of its C-Series aircraft and that he expects to have new orders soon. “We are on schedu...
American Airlines has agreed to distribute tickets and customised travel products through Priceline.com. The move is the latest in a series of spats between the airlines and distribution channels, w...
Boeing has announced it expects delivery of the first 787 to occur in the third quarter of this year. The new delivery date reflects the impact of an in-flight incident during testing last November ...
Canadian air-safety officials from Transport Canada have ordered emergency inspections of landing gears on more than 300 Bombardier Q400 turbobrop aircraft, in order to ensure that alternate extens...
US carriers started the week trading down on previous months, with Delta Air Lines falling the furthest with a 4.86% drop in share price. The drop was the result of the announcement of its fourth q...
Mexican airline Interjet has signed a $650 million contract with Superjet International for 15 Superjet 100 aircraft, with five more options. The first delivery is scheduled for the second half of ...
Atlanta-based carrier Vision Airlines is planning new flights from Gulf Coast airports, including Gulfport-Biloxi International and Northwest Florida Regional, near Fort Walton Beach. Vision will ...
US Airways has committed to leasing heavy maintenance aircraft hangar space at Pittsburgh International Airport for the next five years. Allegheny County Airport Authority board members have approve...
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