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Jan31
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US Airways did set a deadline for the Delta Air Lines to reply or at least show some sort of interest in the bid. US Airways pulled their hostile bid for the bankrupt carrier this morning worth nearly $10 billion in cash and stock offers. Long time investors in Delta Air Lines, Boeing and Coca-Cola, could not be swayed at the last moment even though other Delta investors wanted to accept the bid.  "We are disappointed that the Committee, which has been chosen to act on behalf of all Delta creditors, is ignoring its fiduciary obligation to those creditors," US Airways chief executive Doug Parker said in a written statement.
The withdrawn offer might have repercussions throughout the industry. Midwest Air keeps rebuffing AirTran Airways and further merger deals might not take place if other mergers do not proceed. Topix.net
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Jan30
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The new US Airways, just out of merging with America West, posted a 4th quarter profit and a full year profit that beat all the other major carriers in the nation. For the quarter US Airways posted a $12...
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Is ExpressJet going to become the new Independence Air? It does not look to be likely but after Continental dumped some of their jets, they had to look elsewhere to find some income. ExpressJet hopes to fly to cities...
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Jan26
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If you are not growing you are dying; at least that is what Frontier’s philosophy seems to be now. The carrier is expanding their network by adding up to 29 new cities this year, most coming from their new...
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AirTran Airway's loss in the 4th quarter could have factored into Midwest's Board rejecting the offer by the airline. A profitable performance in the last two months of 2006 failed to offset losses in October, said Bob Fornaro, company president...
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Jan25
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Recently United Airlines announced they made an operation profit for 2006, but investors were skeptical of the airline as oil prices jumped and reports that passenger revenue likely will rise at a slower pace in 2007 than in the...
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Jan23
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Does your winter vacation call for you to head south of the border this year? Do you have your passport? If not you could face further delays as today starts new rules for air passengers traveling from Mexico, Canada...
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Sponsored Review If the winter blues have you struggling lately and your temperatures have dipped well below that -27C mark, like mine have, maybe it is time for well deserved holiday in the sun. OnTheBeach, a UK based company, can help...
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Jan22
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NOOOOOOO! A soon to be released study may find you wishing they had a seperate cabin for those with cell phones. Emirates announced plans to become the world's first air carrier to allow passengers to make in-flight cell phone calls...
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Fresh off their "Send Flip to Mexico" tv ad run, Frontier Airlines is back at it again. Known for their catchy tv spots, Froniter is now promoting their "tails." As you know, Frontier was recently crowned “Denver’s Favorite Airline.” Which...
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British Airways has called in conciliation service Acas in an attempt to avoid a three day walk out of cabin crews at the airline. The T&G union, which represents the cabin crews at the airline, said they plan to walk...
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Jan18
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Is this a blessing in disguise at American Airlines? AMR Corp. (AMR) the parent company of American Airlines posted their first 4th quarter profit in over 6 years when they eked out a small but joyous $17 million dollar...
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*Update: Virgin America's CEO, Fred Reid, could be ousted even before one flight is flown in order to allow the start up airline to get off the ground. Even a name change is on the table.* I signed it. I...
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Jan16
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How far will the airlines go? United Airlines is following suit with American Airlines and removing snacks from flights less than 2 hours in length. Robin Urbanski, a United Airlines spokeswoman said, it would cover about 29 percent of their...
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British Airways cabin crews have voted overwhelming to approve a strike. Over 8000 cabin crew members voted in favor of supporting an industrial action (96%). The airline's managers and the union are holding talks today to try to avert a...
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A reader wants to know some more about Northwest Airlines. "...would a merger be good for the flight attendants? I have a family member who is interested in applying but don't know enough about what's currently going on to give...
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Jan13
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What a year 2006 was in the airline industry. So what can we expect for the up coming 2007 year? Well a lot probably. Merger mania will probably continue. Prices will continue to rise and who knows, Virgin America might...
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Jan11
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On the heels of the 20 percent jump in take over price for Delta Air Lines, AirTran Holdings, Inc., (AAI) the parent company of AirTran Airways has upped their price for Midwest by nearly 20 percent too. The new deal...
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No surprise here, Northwest Airlines has been rumored to be in merger talks with Delta Air Lines, even as US Airways has increased their hostile takeover bid for the airline. Both Delta and Northwest filed for bankruptcy protection with in...
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Jan10
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US Airways has made a move this morning to raise their bid for Delta Air Lines by some 20 percent. The new offer adds nearly $1.7 billion dollars to the bid for the bankrupt airline. Both cash offerings and stock...
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Jan 9
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It was little surprise that today United Airlines was cleared for flights between two national capitols as American had to amend their route. United Airlines was cleared to start non-stop services between Washington D.C. and Beijing, China on March 25,...
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Some more good news for the airlines as oil prices have tumbled to their lowest levels in 18 months. This comes as a mild winter has spread across the United States and a growing supplies are outpacing demand. Helping grow...
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The recent snow storms in Denver have cost both major airlines there, Frontier and United who both have major hubs there, millions of dollars. Frontier Airlines is reporting that the 3 snow storms one right after another hit them hard,...
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Jan 8
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Is Mesaba Airlines worth $145 million and $10 million dollars in operating money? Northwest Airlines thinks it's a fair offer and said that the company has offered to purchase the struggling feeder carrier for them, however the plan comes with...
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Jan 7
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I hope everyone enjoyed their time with family and friends this new years. Wow 2007. Well let's make 2007 just as good at 2006. Let's see if some of those merger rumors come true, if two airlines emerge from bankruptcy...
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