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Today’s Top Travel News and Analysis
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Bleak outlook for consumer staples on Wal-Mart warning
Financial Times - 4 hours 15 minutes ago
The consumer staples sector was the worst performing on Wall Street yesterday after a profit warning from Wal-Mart heightened concerns that the year-long recession...
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Sales, Deliveries Dip At Boeing In 2008
Aviation Week -
8 hours 15 minutes ago
Final annual tally ends five years of consecutive growth that culminated with 2007's record 1,413 sales...
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Cathay Pacific doubles loss on fuel-hedging contracts
Cathay Pacific yesterday warned investors that losses arising from contracts it had taken to hedge its future fuel requirements had more than doubled to HK$7.6bn...
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Air France nearing successful Alitalia bid
ATW Daily News - 1 day ago
Air France KLM appears to be on the verge of being named a minority partner in the reorganized Alitalia, beating out Lufthansa for the right to purchase a 20%-25% stake, according to widespread press reports from Italy.
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BA targets 'far-reaching' restructuring, ATI with American
British Airways soon will announce new restructuring measures designed to reduce costs and increase efficiency, it indicated in BA News, its in-house weekly newspaper.
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Airline Traffic Reports Roll Out for December
PlaneBuzz -
1 day ago
If it's the first week of the month, that means it's time for airline traffic reports.And it's time for all of us who look at them with a jaundiced eye to try and figure out what they mean. Actually all they mean is that for the month of December a...
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Osmus to take over from Sturgell at FAA
Aviation Week -
1 day ago
Lynne Osmus has been named to take over as FAA head from Robert Sturgell -- with the announcement coming just one day after she was named acting deputy administrator.Sturgell -- who was always expected to step down after the administration changeover -- will step down Jan. 16, and Osmus will take...
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Ryanair seeks shareholder meeting
Ryanair has called for an extraordinary meeting of Aer Lingus shareholders aimed at blocking recent changes agreed by Dermot Mannion, Aer Lingus chief executive, in...
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BA's premium traffic hit
British Airways suffered a steep fall in premium passenger traffic in December, as the impact of the recession in the UK and the turmoil in financial markets took a...
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Second ADIRU Glitch on Qantas A330
Aviation Week -
2 days ago
A second No. 1 ADIRU error onboard a Qantas Airbus A330 took place over the holidays, though this incident was not accompanied by the sharp jolts in altitude that passengers on an Qantas aircraft of the same type experienced in mid-October.AVIATION WEEK Intelligence Network subscribers can read more about the...
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- Frontier Asks for Bankruptcy Court Extension
- JetBlue, TSA Workers Pay $240,000 to Settle T-Shirt Lawsuit
- December Traffic Looks Better Than November
- Frontier’s November Results Not as Positive as They May Seem
- Travel Roundup: Added Inaugural Routes, Delta Diverts for Passenger, India Buys Boeing and More
- Travel Roundup: Carnival Employee Overboard, AirTran Boots Muslim Family, Atlantic City Recruits Airlines and More
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BNET Travel provides daily industry news coverage and insights for managers and executives about all aspects of the travel and tourism industry. In addition to detailed company profiles, we bring you critical analysis on new alliances and partnerships, new products and carrier routes, mergers and acquisitions, labor and cost management, investments and deal flow, and a host of other important business issues.
