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Airlines

Article Index

Frontier Airlines Files for Bankruptcy Protection, Says Operations Will Continue As Normal

By , Money Morning -

By Mike Caggeso Associate Editor Denver-based Frontier Airlines Holdings, Inc. (FRNT) – parent company of Frontier Airlines – announced Friday that it is has filed for Chapter 11 bankruptcy protection, citing unexpected problems with its credit card processor. Frontier said it would continue normal business operations – operating its full schedule of flights and maintain […]

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Troubled Global Airline Industry Battered by Fuel Costs, Labor Problems

By , Money Morning -

By Jennifer YousfiManaging Editor When Skybus Airlines shut down operations and declared bankruptcy over the weekend, it became the third carrier in the span of a week to close its doors. In grounding itself, the Columbus, Ohio-based carrier joined Aloha Airgroup Inc.'s Aloha Airlines and ATA Airlines Inc., which have already ceased operations, as well […]

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Air France-KLM Pins Hopes on Northwest Merger

By , Money Morning -

By Jennifer Yousfi Managing Editor Air France-KLM (AKH) is taking a unique interest in Delta Air Lines, Inc.'s (DAL) merger talks with Northwest Airlines Corp. (NWA) and UAL Corp.'s  (UAUA) United Airlines. Air France-KLM, itself a product of a major airline merger, is one of Delta's primary European partners under the SkyTeam Airline Alliance.  Northwest […]

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Lufthansa-JetBlue Deal Typifies Foreign-Investment Deals That Will Accelerate as Greenback Weakens

By , Chief Investment Strategist, Money Map Report -

By Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report Last week's tie-up between Germany's Deutsche Lufthansa AG (DLAKY) and the U.S.-based JetBlue Airways Corp. (JBLU) is yet another example of the kind of foreign investment in prime U.S. assets we've told you to expect and that we see accelerating in 2008. Sadly, many investors […]

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Boeing and Vietnam have the Billion Dollar Deal

By , Executive Editor, Money Morning • @privatebrief -

By William Patalon III Managing Editor Money Morning/The Money Map Report The Boeing Co. (BA) has completed deals to sell 12 of its new Dreamliner jetliners to both Vietnam Airlines and to a new Vietnamese leasing company as that Asian country's flagship air carrier moves to end its airliner shortage. Based on published list prices […]

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Sales Soar at Dubai Airshow

By , Money Morning -

From Staff Reports Both Boeing Co. (BA) and rival Airbus SAS secured hefty contracts at the Dubai Air Show, the world's third-largest aerospace event. However, Boeing isn't resting on its success, but is rather looking ahead to what it thinks will be a very lucrative market in the future. Orders topped $80 billion on in […]

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China's Growth Will Clear $340 Billion Worth of Airliner Sales for Takeoff Over the Next 20 Years

By , Executive Editor, Money Morning • @privatebrief -

By William Patalon III Managing Editor Money Morning When Europe's Airbus SAS picked off nearly $50 billion worth of airliner orders from Middle East air carriers at the opening of the Dubai Aerospace Air Show this past weekend, analysts portrayed it as a huge victory over U.S. rival Boeing Co., (BA). Once again, the gloom-and-doomers […]

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Boeing Refurbishes 500th Super Hornet Fighter Jet, Makes Plans for Looming Dubai Air Show

By , Executive Editor, Money Morning • @privatebrief -

By William Patalon III Managing Editor Money Morning The Boeing Co. (BA) announced that it's delivered its 500th modified F/A-18 Super Hornet jet fighter-bomber to the U.S. Navy from the company's Aerospace Support Center at Cecil Commerce Center, located near Jacksonville, Fla. Boeing also detailed its plans for the upcoming Dubai Air Show, which opens […]

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Airbus and Parent EADS Experience Turbulence Over Insider Trading Scandal

By , Managing Editor, Money Morning -

By Jason Simpkins Staff Writer A lengthy investigation by French regulators suggests that "massive insider trading" took place at Airbus SAS parent EADS, the Associated Press reported yesterday (Wednesday). Louis Gallois, EADS Chief Executive, pointed out that the findings were preliminary. But if confirmed, it would be a devastating blow to both EADS and Airbus, […]

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Germany Eyes Ownership Stake in Airbus Parent EADS

By , Money Morning -

From Staff Reports Germany could take a direct stake in the problem-plagued European Aeronautic Defence and Space Co. NV aerospace group – the parent of airliner builder Airbus SAS – in 2010, a German official said Tuesday. Germany would replace a consortium made up of German states and investors, Germany’s Deputy Economy Minister for Aerospace […]

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U.S and Japan Take to the Skies

By , Money Morning -

From Staff Reports The Financial Times recently reported that the United States and Japan have agreed to expand their air-services agreement for the first time in ten years. The agreement provides additional access for direct passenger and cargo flights and connecting services throughout Asia. The first amendment to the deal originally reached in 1998 is […]

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