airline industry

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Fuel Costs Bump Up Budget Airfares
Fuel Costs Bump Up Budget Airfares
Jun 20, 2008 3:43 AM CDT

Fuel Costs Bump Up Budget Airfares

Discount carriers forced to dump discounts or go bust

(Newser) - Rock-bottom airfares are going the way of the zeppelin as fuel prices continue their climb into the stratosphere, the New York Times reports. Some budget carriers have gone bust. Others have hiked fares and begun to woo more business travelers, blurring the line between big carriers and discount operations. Southwest...

Ex-CEO Revives Dreaded 'R' Word for Airlines
Ex-CEO Revives Dreaded 'R' Word for Airlines
ANALYSIS
Jun 14, 2008 2:35 PM CDT

Ex-CEO Revives Dreaded 'R' Word for Airlines

Re-regulation is only way, Bob Crandall says

(Newser) - The man who brought frequent-flyer and hub-and-spoke to airlines has a plan to fix the industry—with the dreaded "R" word as its centerpiece, Wired reports. Yes, former American CEO Bob Crandall wants the government to re-regulate: "It's time to acknowledge that airlines are more like utilities than...

United Adopts $15 Checked-Bag Charge

Carrier joins American; industry passing oil costs to consumer

(Newser) - United Airlines will follow rival American Airlines in charging $15 for a first checked bag. The new fee was announced today, 3 weeks after American set the precedent. United says the fee affects customers who buy tickets beginning tomorrow for domestic flights Aug. 18 or later.

Airlines Become Weight Watchers to Save Fuel

As fuel prices continue to rise, airlines are getting creative in seeking fuel savings

(Newser) - Airlines struggling with soaring fuel expenses are seeking new ways to save, and none is too small, from cutting the amount of water they carry for washrooms to cleaning engines more often to increase their efficiency, reports the New York Times. Some are pulling back on their cruising speed—from...

Will Fewer Flights Mean Fewer Delays?

Sorry, says FAA: don't expect airlines to cut on crowded routes

(Newser) - With fuel prices soaring into the skies, fewer airplanes will be following suit, but don't think that translates to less time on the tarmac. Airlines' cutbacks will ground planes, but mostly on less-traveled routes to smaller cities, the New York Times reports. The congestion at LAX and JFK isn't likely...

As Oil Spikes, Airlines Rethink Business Model

Expect to pay more for less as 'cheap and plentiful' era ends

(Newser) - In the 30 years since Congress deregulated airline travel, the country's major carriers have operated on a bigger-is-better strategy: fly more planes to more routes and you'll come out on top. But with fuel twice as expensive as a year ago, airlines are not just raising prices, they're radically changing...

Continental Hacks 3K Jobs, 16% of Flights

Carrier is the latest to scale back operations citing fuel costs

(Newser) - Continental Airlines today became the latest US carrier to slash its workforce and trim flights in the face of profit-busting fuel costs and an industry-wide slowdown, the Wall Street Journal reports today. The airline will cut its workforce by 3,000 jobs, scale back US departures by 16%, and aggressively...

United to Cut 70 More Guzzlers to Fight Fuel Costs

70-jet reduction will cut capacity, result in large layoffs

(Newser) - United Airlines will ground another 70 fuel-guzzling jetliners this year—on top of the 30 announced earlier—as it struggles to get a handle on rising fuel costs and slowing growth in air travel, reports the Wall Street Journal. The move will lead to a major reduction in routes and...

Boeing, Airbus Delays Aid Battered Carriers

Airlines already well under capacity as passenger numbers fall

(Newser) - Airlines battling rising fuel costs and weakening demand have become unexpected beneficiaries of production delays on the Boeing 787 Dreamliner and Airbus A380 jumbo jets, reports the Wall Street Journal. "For the industry, it's great,” says the chair of Air Canada’s parent company, "because it means...

United Drops US Airways Deal, Woos Continental

CEO says UAL 'very close' to Continental merger

(Newser) - A proposed merger between United Airlines and US Airways is on hold again, the Wall Street Journal reports. United’s CEO told his US Airways counterpart that his airline is close to a deal with Continental, a merger that would be less costly and wouldn’t face as much antitrust...

AA Should Bag Boneheaded Luggage Fee
AA Should Bag Boneheaded Luggage Fee
OPINION
May 29, 2008 6:28 AM CDT

AA Should Bag Boneheaded Luggage Fee

Or face more delays, lost baggage, and longer security lines

(Newser) - American Airlines’ plan to charge passengers $15 to check a bag is likely to cost the carrier more money than it generates, Joe Brancatelli argues in Portfolio. “Not only will it infuriate flyers—who are already annoyed with American’s lousy operating efficiency and its recent maintenance snafus—it’...

CEOs of United, US Airways Will Meet to Talk Merger

Top executives of the airlines plan face-to-face meeting tomorrow

(Newser) - The CEOs from United Airlines and US Airways will meet tomorrow to try to nudge ahead talks of a possible merger, the Wall Street Journal reports. If they make headway, the executives could present a possible deal to their respective boards in mid-June. The deal, in the works for two...

Airlines Hike Ticket Prices
 Airlines Hike Ticket Prices 
May 24, 2008 11:05 AM CDT

Airlines Hike Ticket Prices

United raises prices by up to $60; American, Delta follow its lead

(Newser) - The big three US airlines responded to soaring oil prices by boosting most domestic prices by up to $60 roundtrip in the last few days, the AP reports. United led the way with increases from $10 to $60 Thursday; American and Delta followed suit yesterday. Meanwhile, low-cost AirTran raised its...

Airline Business Model Won't Work With $130 Oil

Analysts say current model won't work at $130 a barrel

(Newser) - The airline industry as we know it can’t function on $130-a-barrel oil, industry analysts are saying, and cost-cutting, ticket price increases, and bag-check fees won't make it viable. The Dallas Morning News looks at how hopeless it is for airlines to come anywhere near break-even at current costs, noting...

American Cuts Flights, Will Charge $15 for First Bag

Airline industry 'not built to withstand oil prices at $125 a barrel,' CEO says

(Newser) - American Airlines is cutting flights, jobs, and carrying capacity in its effort to withstand skyrocketing oil prices, the company announced today—and it's adding a $15 fee for some customers' first checked bag. US capacity could fall 12% as up to 85 planes are retired, the Wall Street Journal reports....

As Fuel Soars, Airlines Clip Regional Flights

Industry braces for slow summer with 2M fewer travelers predicted

(Newser) - Soaring fuel prices have prompted airlines to cut service—sometimes completely—to some 400 cities nationwide as carriers look for ways to maximize load and cut costs, reports the New York Times. Airlines reduced flights in May by 22,900 from a year ago, a 3% decline, and discontinued service...

How to Fit Everything in One Bag

Save money by packing wisely

(Newser) - With airlines charging more for extra bags, the trick is to fly light. A packing guru offers these tips for stuffing it all in one bag, NPR reports:
  • Make a no-frills list, and stick to it (see onebag.com for ideas).
  • Don't let any space go unused (stuff things into
...

FAA Questions American's Lightning Safety

Mechanics grumble after airline stops inspections

(Newser) - The FAA is questioning American Airlines' new policy on lightning inspections, and its opener is: Why doesn’t American do them anymore? American recently forbade its mechanics from doing extensive lightning damage checks unless pilots suspected a strike, a move designed to reduce delays and cancellations. Big airlines are typically...

Air Bargains Still There, But More Hunting Needed

Flexibility in schedule, destination seen as key to finding cheap travel

(Newser) - It’s no secret that airline ticket costs are up—18% on average from last year. But, the Los Angeles Times reports, deals are still there, if you’re wiling to hunt for them. Limited-time online bargains can provide cheap fares, and many travelers are searching smaller airlines’ websites for...

Boeing 787s Scheduled to Land 2 Years Late

Penalty payments could cost company up to $4B

(Newser) - Boeing's new 787 Dreamliner is already 15 months late, but delivery delays will back up the fuel-efficient jets by about another year, the Seattle Post-Intelligencer reports. Lease Financial Corp., the main buyer of 787s, will take delivery of its 74 planes 27 months late, and observers expect Boeing to pay...

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