Archive for June, 2009

Old airliners scrapped due to economics, not age

Tuesday, June 30th, 2009

The Monday night (ET) crash of Yemenia Air’s Airbus 310 flight near the Comoros Islands has analysts reinvigorating the timeless debate about the age of aircraft and performance. “Aircraft are usually retired due to economics rather than due to wearing…



Airfares on most routes are lower this summer

Tuesday, June 30th, 2009

In case you missed this story in today’s USA TODAY by reporter Gary Stoller: Trying to attract passengers in a recession, airlines are selling tickets much cheaper than a year ago. Fares for travel next month are as much as…



Air travel demand may have bottomed out, for now

Tuesday, June 30th, 2009

In case you missed this story in today’s USA TODAY by reporter Dan Reed: The long, steep descent in demand for air travel — and in the fortunes of U.S. airlines — may have temporarily bottomed out. Two fare hikes…



American Airlines sells debt to raise cash

Tuesday, June 30th, 2009

AMR Corp., parent of Fort Worth-based American Airlines Inc., plans to sell more than a half-billion dollars of debt to finance 16 new planes and bolster its balance sheet.

United, They Fall

Tuesday, June 30th, 2009

United Airlines is having its own version of the trip from hell. The airline, reeling from a decline in customers and running short on cash, is paying a steep 17 percent interest on $175 million in debt it issued, leading analysts to bet the company is just a few steps from the grave.

Airlines post net losses of $3 billion in first quarter

Tuesday, June 30th, 2009

Airlines worldwide lost more than $3 billion in the first quarter, “a significant deterioration from last year,” according to the International Air Transport Association, which looked at data from more than 60 carriers. The result is consistent with its forecast…



Airline customer satisfaction falls to a 4-year low

Tuesday, June 30th, 2009

Airline customer satisfaction has declined for a third consecutive year to a four-year low in 2009, according to J.D. Power and Associates Tuesday. Even as airlines landed more flights on time this year, the decline is driven by lower passenger…



British Airways reviewing fate of troubled subsidiary OpenSkies

Tuesday, June 30th, 2009

Transatlantic airline OpenSkies is in danger of shutting down as early as this fall, according to a report Tuesday by MarketWatch. The British Airways subsidiary was launched a year ago with all business class seats to target international road warriors…



US Airlines Raise Fares

Tuesday, June 30th, 2009

US airlines raised fares for a second time in two weeks, a strong signal that ticket prices may be nearing a bottom, according to FareCompare.com. Delta Air Lines raised rates by between $10 and $20 for round-trip flights, FareCompare data showed, and Continental Airlines also raised rates.

Summer airfare; Detroit delays; Airport art; Jack Daniels in Texas airport

Tuesday, June 30th, 2009

Here is Monday’s news round-up. It includes recent aviation-related stories posted on USATODAY.com. The stories listed below include only those not already covered in the Today in the Sky blog. Click on the headline links to see more details. Airfare…