Passenger Air Transportation

1-17 of 45 results

Sector Snap: Airlines mostly down on economic news

AP News 16 hours ago

Airlines mostly down on economic news, but US Airways gains on deferral plans US Airways was the only airline stock in the green Tuesday, after the Phoenix-based airline said it will delay delivery of 54 Airbus jets until at least 2013 so ...

U.S. airlines fined for stranding travelers on plane

Reuters US Online Report Domestic News 17 hours ago

WASHINGTON (Reuters) - The U.S. government on Tuesday imposed its first-ever punishment against airlines for stranding passengers aboard aircraft, fining three carriers $175,000 for a six-hour ordeal in Minnesota. Continental Airlines and its ExpressJet Airlines affiliate were fined $100,000, while Mesaba Airlines, ...

US Airways Jets

AP News 19 hours ago

FILE - In this Oct. 26, 2009 file photo, a US Airways plane takes off from Miami International Airport in Miami. US Airways is delaying delivery of 54 Airbus jets until at least 2013 as it tries to bolster its financial strength ...

APTOPIX Japan Airlines

AP Features 21 hours ago

A Japan Airlines Jumbo jet approaching to Tokyo's Haneda Airport is seen above factory chimneys in Kawasaki, west of Tokyo, Japan, Monday, Nov. 23, 2009. Executives of Japan Airlines Corp. met Monday with company retirees, urging them to approve drastic cuts in ...

Ailing Japan Airlines to receive emergency loans

AP Features 21 hours ago

Troubled Japan Airlines receives government approval for up to $1.1 billion in emergency loans Japan Airlines said Tuesday it obtained government approval to receive up to $1.1 billion in emergency loans aimed at preventing the money-losing company from grounding flights. JAL signed ...

Japan govt urges JAL to slash pension payouts

AFP Asian Edition yesterday

Japan's transport minister Tuesday urged struggling Japan Airlines to slash its pension payouts before seeking a public bailout as investors dumped JAL stock, sending its share price skidding. Asia's biggest carrier has been hovering on the brink of bankruptcy in a crisis ...

KLM flies world's first "passenger flight on biofuel"

AFP Global Edition yesterday

A Boeing 747, one of four engines powered by a 50-percent biokerosene mix, circled the Netherlands for an hour on Monday for what airline KLM called the world's first passenger flight using biofuel. "This is technically feasible. We have demonstrated that it ...

Air France-KLM uses some biofuel in Dutch flight

AP Features yesterday

Air France-KLM flight in the Netherlands uses biofuel mix in 1 engine An airliner using a 50 percent biofuel mix in one engine has successfully completed a demonstration flight in the Netherlands. Air France-KLM says it was the first flight using biofuel ...

JAL seeks 40 percent pension payout cut for survival

Reuters US Online Report Business News yesterday

TOKYO (Reuters) - Japan Airlines Corp <9205.T> asked retirees and employees on Monday to accept an average 40 percent cut to their pension payouts and warned the struggling airline could face bankruptcy if an agreement could not be reached. JAL President Haruka ...

JAL seeks 40% pension benefits cut for bailout

AFP Asian Edition 2 days ago

Ailing Japan Airlines has proposed a revised pension plan that would see an average cut in benefits of more than 40 percent, the company said Monday. "Under the current condition, it is difficult for the company to turn around itself without public ...

Last Page