Yahoo! Canada Finance: Major Airlines Industry News

Workers vote for Lufthansa strike, union says

Fri, 25 Jul 2008 09:49:00 GMT

AFP - BERLIN (AFP) - Members of the German trade union Verdi voted Friday for a strike at the airline Lufthansa to press demands for higher wages, Verdi said.

Air Canada aims to boost revenues with Continental partnership

Thu, 24 Jul 2008 23:04:00 GMT

The Canadian Press - MONTREAL - Air Canada (TSX:AC.B) expects to boost its access to the heavily populated New York area and gain much-needed revenues to offset rising fuel costs by partnering with Continental Airlines, the fourth-largest U.S. carrier.

Air Canada and Continental ink code-sharing pact

Thu, 24 Jul 2008 20:27:00 GMT

Reuters - TORONTO (Reuters) - Air Canada aims to expand its reach to new destinations through a partnership with Continental Airlines that will put the carriers' passengers on each other's planes while maintaining their frequent flier benefits, it said on Thursday.

Research and Markets: AMR (American Airlines) Report: Is The Industry A Sinkhole For Investors - During The Past Four Months, AMR's Shares Have Declin

Thu, 24 Jul 2008 17:46:20 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/eda8dc/amr_american_airl) has announced the addition of the "AMR (American Airlines) Report: Is the Industry a Sinkhole for Investors or does the Company have a Future Outside of Chapter 11?" report to their offering.

Air Canada to partner with Continental to provide enhanced service to U.S.

Thu, 24 Jul 2008 17:12:00 GMT

The Canadian Press - MONTREAL - Air Canada (TSX:AC.B) plans to partner with Continental Airlines, the fourth-largest U.S. carrier, to provide enhanced service to the American market.

MD-11 Boeing Converted Freighters to Support Aeroflot Cargo Growth Plan

Thu, 24 Jul 2008 16:31:31 GMT

PRNewswire - The Boeing Company (NYSE: BA) is helping Aeroflot Cargo improve its operational efficiency and adapt to growing market demands by providing three leased MD-11 Boeing Converted Freighters (BCFs).

GE Begins Delivery of Flight Recorders for Boeing 787

Thu, 24 Jul 2008 14:16:00 GMT

Business Wire - GE-Aviation today announced it has completed qualification and has begun delivery of its new enhanced airborne flight recorder (EAFR) for the Boeing 787 aircraft.

Delta Prepack Selects HarvestMark(R) From YottaMark to Deliver Instant Traceability and Marketing to Foodservice and Retail Customers

Thu, 24 Jul 2008 13:10:59 GMT

Business Wire - YottaMark, Inc., a leader in product traceability, authentication and marketing solutions, today announced that Delta Prepack Company has selected HarvestMark® for Cases for a pilot program to deliver traceability for its case-packed tomatoes.

Air Canada builds partnership with Continental Airlines to provide expanded network, frequent flyer benefits and lounge access

Thu, 24 Jul 2008 12:35:01 GMT

CNW Group - Air Canada today announced that it has reached an agreement in principle with Continental Airlines, the fourth largest carrier in the United States, to provide customers an enhanced travel experience through access to a broader network and seamless services provided in cooperation by the two carriers.

Emirates Airline Switches on ULTRAMAIN Software

Thu, 24 Jul 2008 07:00:23 GMT

PRNewswire - Emirates Airline began use of ULTRAMAIN maintenance and integrated logistics software on June 2, 2008.

Air Canada applies for U.S. antitrust immunity to facilitate partnership with Continental Airlines, Lufthansa and United Airlines

Wed, 23 Jul 2008 21:15:10 GMT

CNW Group - Air Canada today announced that together with other Star Alliance partners it has applied for antitrust immunity in the U.S. as a first step toward creating a new joint venture with Continental Airlines, United Airlines and Lufthansa.

TDG Aerospace Signs Contract to Equip Delta's Boeing 757 and 737NG Fleets with the UFI(R) Electrical Fault Detection System for Added Fuel Tank Safety

Wed, 23 Jul 2008 17:15:18 GMT

Business Wire - TDG Aerospace, manufacturer of the most advanced and cost-effective safety solutions for the commercial aviation industry, is pleased to announce that Delta Air Lines has selected its UFI® STC ST01950LA as an approved method of compliance and terminating action to FAA airworthiness directive AD 2008-11-07 for their B757 fleet and UFI® STC ST02076LA for their B737NG Fleet.

B/E Aerospace Selected by Major Global Airline for Premium Class Award Initially Valued at More Than $140 Million

Wed, 23 Jul 2008 16:00:45 GMT

Business Wire - B/E Aerospace, Inc. (Nasdaq:BEAV), the world's leading manufacturer of aircraft cabin interior products and the leading aftermarket distributor of aerospace fasteners, today announced that it has been selected by a major global airline to outfit their new-buy wide-body aircraft with premium class seating.

TRX Awarded Patent for Data Technology Tool Used by Corporate Buyers to Analyze Airline Bids

Wed, 23 Jul 2008 15:40:49 GMT

PRNewswire - TRX, Inc. (Nasdaq: TRXI), a global technology company that develops and hosts software applications to process data records and automate manual processes, announced today it has been issued a U.S. patent for a tool used in analyzing corporate airline bids.

SeaPort: America's First Green Airline to Fully Mitigate Its Jet Fuel Consumption

Wed, 23 Jul 2008 15:04:25 GMT

Business Wire - Despite soaring jet fuel prices and struggling big airlines, an upstart commuter airline is not only starting a new and revolutionary air service, but also making a commitment to fully mitigate the environmental impact of the jet fuel it burns.

American Airlines Extends Special Fares and Other Offers for U.S. Military Personnel Through December 2008

Wed, 23 Jul 2008 14:55:16 GMT

PRNewswire - American Airlines has extended through Dec. 31, 2008, several special offers that are available exclusively for active-duty members of the U.S. military.

Boeing's second-quarter profit falls 19 per cent on US$248 million charge

Wed, 23 Jul 2008 14:21:00 GMT

The Canadian Press - PITTSBURGH - Boeing Co. says its second-quarter earnings fell 19 per cent as lower costs failed to offset a previously disclosed charge of US$248 million related to a defence program.

Boeing profit dips, short of estimates

Wed, 23 Jul 2008 12:35:00 GMT

AFP - CHICAGO (AFP) - Boeing reported Wednesday a 19 percent drop in quarterly profit to 852 million dollars, coming up short of Wall Street estimates but maintaining its outlook through 2009.

CCID Consulting Analyzes a Way Out for Pearl River Delta from Entering into 'Industrial Hollow'

Wed, 23 Jul 2008 12:00:37 GMT

PRNewswire - CCID Consulting, China's leading research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong (Hong Kong Stock Exchange: HK08235), recently released an article on the industrial transformation in the Pearl River Delta region.

Boeing Reports Second-Quarter Financial Results, Reaffirms Guidance

Wed, 23 Jul 2008 11:30:37 GMT

PRNewswire - Table 1. Summary Financial Results (Millions, except 2nd Quarter First...

Warning strikes ground nearly 1,000 Lufthansa flights: airline

Tue, 22 Jul 2008 16:45:00 GMT

AFP - BERLIN (AFP) - German flag carrier Lufthansa was forced Tuesday to cancel nearly 1,000 flights due to warning strikes by pilots working for two of its units, an airline spokeswoman said.

Leading Unmanned Aircraft Systems Developer Insitu, Inc. to be Acquired by Boeing

Tue, 22 Jul 2008 15:05:17 GMT

PRNewswire - In a move to further strengthen its position as a global leader in the unmanned systems market, Insitu, Inc. announced today it has agreed to be acquired by The Boeing Company, the world's largest manufacturer of commercial jetliners and military aircraft.

Boeing Acquires Insitu to Expand Capabilities in Unmanned Systems

Tue, 22 Jul 2008 15:00:19 GMT

PRNewswire - The Boeing Company (NYSE: BA) today announced an agreement to acquire Insitu, Inc., a pioneer in the unmanned air systems (UAS) market and leader in the design, development and manufacture of high-performance, low-cost UAS used for intelligence, surveillance and reconnaissance (ISR).

American Airlines Vacations Offers Vacation Packages That Let Travelers Earn Up to 5,000 AAdvantage Bonus Miles

Tue, 22 Jul 2008 14:19:26 GMT

PRNewswire - American Airlines Vacations is offering customers the opportunity to earn up to 5,000 AAdvantage(R) bonus miles by booking select vacations to destinations including the Caribbean, Mexico and Hawaii.

US Airways swings to huge second-quarter loss on fuel spike

Tue, 22 Jul 2008 12:39:00 GMT

The Canadian Press - PHOENIX - US Airways Group Inc. says it swung to a huge second-quarter loss as it struggled to deal with a spike in fuel costs.

Qantas boss predicts global airline industry consolidation

Tue, 22 Jul 2008 12:34:00 GMT

The Canadian Press - SYDNEY, Australia - Higher fuel prices and an agreement on loosening U.S. foreign ownership regulations could lead to a consolidation of the global airline industry into just a few companies, the chief executive of Qantas Airways said Tuesday.

Eloro Initiates Second Drilling Campaign at the Delta Property; Targets Lateral and Depth Extensions of VMS-Style Copper-Zinc-Silver Mineralization Th

Tue, 22 Jul 2008 12:30:13 GMT

Marketwire - ELORO RESOURCES LTD. (TSX VENTURE:ELO) (the "Company" or "Eloro") is pleased to announce the start of the second drilling campaign at the Company's wholly-owned Delta Property (the "Property") in the James Bay Mining District of northern Quebec, where surface exploration work and drilling identified a significant copper-zinc-silver system akin to Volcanogenic Massive Sulphides (or "VMS") mineralization.

US Airways Group, Inc. Reports Second Quarter 2008 Results

Tue, 22 Jul 2008 12:19:08 GMT

Business Wire - US Airways Group, Inc. (NYSE: LCC) today reported a net loss for its second quarter 2008 of $567 million, or $6.16 per share, compared to a net profit of $263 million, or $2.77 per diluted share for the same period last year.

Copa Airlines Announces Orders for Two Boeing Next-Generation 737 Aircraft

Mon, 21 Jul 2008 22:53:38 GMT

PRNewswire - Copa Airlines, a subsidiary of Copa Holdings S.A. (NYSE: CPA), and The Boeing Company today announced Copa's order for two Boeing 737-800 aircraft for delivery in 2010 and 2011.

Boeing Responds to TRC's 'Mini-Tender' Offer

Mon, 21 Jul 2008 21:09:19 GMT

PRNewswire - Boeing (NYSE: BA) today said it has been notified of an unsolicited "mini-tender" offer by TRC Capital Corp. to acquire two million shares of Boeing common stock representing less than one third of one percent of Boeing's outstanding shares at a price of $63 per share.

Delta Air Lines Offers Crown Room Club Members Added Benefits with New Mobile Printing Service

Mon, 21 Jul 2008 21:01:24 GMT

Business Wire - As an added benefit for Crown Room Club members, Delta Air Lines (NYSE: DAL) is now offering special pricing on mobile printing services that allow Club members to print documents directly from their personal device assistants (PDA) to any fax machine, anywhere.

Boeing wins Qatar order for C-17 military aircraft

Mon, 21 Jul 2008 17:27:00 GMT

AFP - NEW YORK (AFP) - Boeing on Monday signed a contract with Qatar for C-17 military airlift planes, the US aerospace giant said, without revealing how many of the long-range troop and cargo aircraft were ordered.

Alitalia Extends Use of ITA Software's QPX System With the Successful Launch of Multi-Destination Search

Mon, 21 Jul 2008 13:03:59 GMT

Business Wire - ITA Software, Inc., the leading provider of innovative Software as a Service (SaaS) solutions to the airline industry, today announced that Alitalia successfully launched the multi-destination search capability within ITA Software’s QPX, the industry’s premier management system for airfare pricing and shopping.

Boeing, Qatar Announce C-17 Globemaster III Order

Mon, 21 Jul 2008 12:37:17 GMT

PRNewswire - Boeing (NYSE: BA) and the government of Qatar signed an agreement on July 21 for the purchase of the C-17 Globemaster III airlifter to provide new strategic-airlift mobility capabilities for the Qatar Armed Forces (QAF).

Research and Markets: Snapshots UK Passenger Airlines 2008: An Instant Overview of the UK Passenger Airline Market

Mon, 21 Jul 2008 10:46:49 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/0fb8a0/snapshots_uk_passe) has announced the addition of the "Snapshots UK Passenger Airlines 2008" report to their offering.

Spain mulls changing airline routes to offset fuel costs

Sat, 19 Jul 2008 18:34:00 GMT

AFP - MADRID (AFP) - Spain is considering changing commercial airline routes to make them shorter and more direct in order to offset high fuel prices, Public Works minister Magdalena Alvarez said Saturday.

Thai budget airline suspends services

Sat, 19 Jul 2008 05:28:00 GMT

AFP - BANGKOK (AFP) - Thailand's low budget airline One-Two-Go announced on Saturday that it was suspending its operations for eight weeks, to allow time for financial restructuring.

American Airlines to cutting 1,500 maintenance jobs around the U.S.

Sat, 19 Jul 2008 01:35:00 GMT

The Canadian Press - DALLAS - American Airlines will cut 1,500 jobs in its maintenance division as it reduces its fleet of aircraft.

Bombardier says still interested in streetcar contract despite Toronto rejection

Sat, 19 Jul 2008 00:31:00 GMT

The Canadian Press - TORONTO - Bombardier Inc. (TSX:BBD.B) says it is still interested in pursuing the $1.25-billion contract to supply Toronto's transit system with new streetcars despite the city's rejection of the Montreal-based company's original proposal.

Hexcel Announces Sale of BHA Joint Venture Interest to Boeing

Fri, 18 Jul 2008 22:06:26 GMT

Business Wire - Hexcel Corporation (NYSE: HXL) today announced that it completed the sale of Hexcel’s share in BHA Aero Composites Parts Co.

CIBC in Inuvik celebrates 50 years serving the MacKenzie Delta area

Fri, 18 Jul 2008 20:07:11 GMT

CNW Group - CIBC showed its appreciation to its clients this week with an open house and giveaways throughout the day as part of the 50th anniversary celebrations of the Inuvik branch at 134 Mackenzie Rd.

Bombardier says stands behind Toronto streetcar bid

Fri, 18 Jul 2008 19:34:00 GMT

Reuters - TORONTO (Reuters) - Bombardier Inc said on Friday it stands behind its bid to win a big contract to replace Toronto's aging streetcar fleet, saying it does not understand complaints from the city's transit authority that its proposed new vehicles couldn't take tight turns.

Parker Aerospace to Develop Generic Fly-By-Wire System for All New Bombardier Widebody Aircraft Programs

Fri, 18 Jul 2008 11:25:34 GMT

PRNewswire - Bombardier Aerospace and Parker Aerospace announced today that Parker has been selected as the exclusive supplier for a period of ten years of fly-by-wire flight control systems for all new Bombardier widebody aircraft programs requiring this technology.

Australia's Qantas to cut 1,500 jobs

Fri, 18 Jul 2008 08:42:00 GMT

AFP - SYDNEY (AFP) - Qantas will slash 1,500 jobs worldwide as Australia's largest airline seeks to combat rising oil prices and challenging market conditions, chief executive Geoff Dixon said Friday.

Australia's Qantas to cut 1,500 jobs: CEO

Fri, 18 Jul 2008 01:17:00 GMT

AFP - SYDNEY (AFP) - Qantas will cut 1,500 jobs around the world as the Australian carrier seeks to combat the rising price of oil and challenging market conditions, chief executive Geoff Dixon said Friday.

Ottawa reviewing Air Canada's plan to cut jobs and close flight attendant bases

Thu, 17 Jul 2008 23:07:00 GMT

The Canadian Press - OTTAWA - Federal Labour Minister Jean-Pierre Blackburn is reviewing Air Canada's (TSX:AC.B, TSX:ACE.B) request to be exempted from part of the Labour Code in connection with its decision to close its Halifax and Winnipeg bases for flight attendants as part of a plan to lay off up to 2,000 employees.

Metropolitan Water District Statement on PPIC's "Comparing Futures" Report on Delta

Thu, 17 Jul 2008 21:48:18 GMT

Business Wire - Timothy F. Brick, chairman of the board of directors of the Metropolitan Water District...

American Airlines Puts Select Caribbean, Bahamas, Mexico and Bermuda Destinations on Sale for Travel September Through Early December

Thu, 17 Jul 2008 19:51:14 GMT

PRNewswire - Forget what your busy schedule says -- it's always a good time to plan a getaway.

Dutch airline warns of passenger flight over new tax

Thu, 17 Jul 2008 17:30:00 GMT

AFP - THE HAGUE (AFP) - A Dutch court upheld a new environmental tax on air travellers Thursday as airline KLM warned the levy could cause it to lose up to a million passengers this financial year.

Boeing fights back at Farnborough with Air China deal

Thu, 17 Jul 2008 17:07:00 GMT

AFP - FARNBOROUGH, England (AFP) - US aerospace giant Boeing on Thursday signed its second major deal of the Farnborough International Airshow, clinching a multi-billion-dollar sale of 'green' jets to Air China.

Irish no-frills airline Ryanair cuts back winter flights

Thu, 17 Jul 2008 16:34:00 GMT

The Canadian Press - DUBLIN, Ireland - No-frills airline Ryanair said Thursday it will withdraw nearly a third of its aircraft from its major London base and suspend operations at seven other European airports because of sky-high fuel costs and its failure to negotiate lower airport fees.

Boeing bullish on plane cancellations

Thu, 17 Jul 2008 15:56:00 GMT

Reuters - FARNBOROUGH (Reuters) - Boeing Co is confident it will not face mass cancellations of plane orders from the world's airlines, even as they come under massive strain from soaring oil prices, hard on the heels of the biggest buying spree in the industry's history.

Bombardier to help maintain Spanish fast trains in US$202M 14-year contract

Thu, 17 Jul 2008 14:23:00 GMT

The Canadian Press - BERLIN - Bombardier Transportation (TSX:BBD.B) has announced a contract worth US$202 million over 14 years to help maintain high-speed trains for Spanish national rail operator RENFE.

Alaska Airlines Inaugurates Service to Maui

Thu, 17 Jul 2008 12:01:33 GMT

PRNewswire - Alaska Airlines today will inaugurate daily, year-round service between Seattle and Kahului, Hawaii, on the island of Maui.

Research and Markets: Snapshots UK Freight Airlines 2008: Instant Overview of the UK Freight Airline Market

Thu, 17 Jul 2008 11:23:26 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/b82b42/snapshots_uk_freig) has announced the addition of the "Snapshots UK Freight Airlines 2008" report to their offering.