Yahoo! Canada Finance: Major Airlines Industry News

Air Canada: no quick recovery

Fri, 06 Nov 2009 23:13:45 GMT

CBC - Air Canada's CEO says he's seeing the first signs of economic recovery, but he doesn't expect a return to full revenues at the Montreal-based airline for at least a year.

Air Canada posts net profit in third quarter, turns around year-ago loss

Fri, 06 Nov 2009 22:48:00 GMT

The Canadian Press - MONTREAL - Air Canada (TSX:AC.B) is seeing small signs of improvement in air travel but says a full recovery in its key business class could be least a year away, the airline's chief executive said Friday.

British Airways to axe 1,200 more jobs

Fri, 06 Nov 2009 15:10:00 GMT

AFP - LONDON (AFP) - British Airways revealed a quadrupling of net losses in its first half on Friday, and axed an extra 1,200 jobs in an "essential" cost-reduction programme.

United Airlines' Uniforms Fly to New Heights New uniforms from award-winning designer Cynthia Rowley in 2011 will bring a fresh design and high quali

Fri, 06 Nov 2009 14:30:06 GMT

PRNewswire - United employee uniforms will undergo a makeover as the airline partners with world-renowned fashion designer Cynthia Rowley to create new uniforms for the airport runway.

Panthers Get Wings: JetBlue Signs on as Official and Exclusive Airline Partner of the Florida Hockey Team and a Pillar Partner of the BankAtlantic Cen

Fri, 06 Nov 2009 13:30:28 GMT

PRNewswire - JetBlue Airways (Nasdaq: JBLU), the airline that gives customers more than the other guys, today proudly announced a partnership with Sunrise Sports & Entertainment to become the Official and Exclusive Airline Partner of the National Hockey League's Florida Panthers and a Pillar Partner of the BankAtlantic Center, its first-ever venue sponsorship.

Air Canada reports 2009 third quarter results

Fri, 06 Nov 2009 11:00:37 GMT

CNW Group - Air Canada today reported operating income of $68 million in the third quarter of 2009. This compared...

AerCap Signs Agreements for $358 Million of Funding for Airbus A330s

Fri, 06 Nov 2009 10:41:49 GMT

PRNewswire - AerCap Holdings N.V. ("AerCap", NYSE: AER) today announced that it has signed a series of agreements with China Development Bank which provides funding for $86 million of pre-delivery payments and a $272 million long term funding facility covering four new Airbus A330 aircraft with deliveries scheduled in 2010 and 2011.

British Airways posts H1 loss of $346 million as revenues slide 13.7 pct

Fri, 06 Nov 2009 09:23:00 GMT

The Canadian Press - LONDON - British Airways PLC on Friday reported a net loss of 208 million pounds (US$346 million) in the six months ending in September as the global economic downturn continued to take its toll on revenues.

BA reports ballooning losses, calls for cost cuts

Fri, 06 Nov 2009 08:03:00 GMT

AFP - LONDON (AFP) - British Airways on Friday said the company's net loss more than quadrupled to 217 million pounds (242 million euros, 361 million dollars) during the first half of its financial year.

Bombardier business jet deliveries fall 37 per cent in third quarter

Thu, 05 Nov 2009 22:50:00 GMT

The Canadian Press - MONTREAL - Bombardier (TSX:BBD.B) may have to revise its business jet forecasts after an industry association said its deliveries continued to fall in the third quarter.

Allied Pilots Association Applauds Delay in Ruling on American Airlines Application for Antitrust Immunity

Thu, 05 Nov 2009 19:55:56 GMT

Business Wire - The Allied Pilots Association (APA), certified collective bargaining agent for the 11,500 pilots of American Airlines (NYSE: AMR), voiced its support for the delay in the issuance of a final ruling by the Department of Transportation (DOT) regarding American Airlines’ application for worldwide antitrust immunity.

Iberia to cancel 350 flights due to strike

Thu, 05 Nov 2009 18:51:00 GMT

AFP - MADRID (AFP) - Spain's national carrier Iberia Thursday announced the cancellation of around 350 flights next week due to a strike by cabin crew.

Delta Air Lines Reports October Traffic

Thu, 05 Nov 2009 16:33:16 GMT

PRNewswire - Delta Air Lines (NYSE: DAL) today reported traffic results for October 2009.

New Economic Study Reveals $6.3 Billion Contribution to New York/New Jersey Region by Continental Airlines Airline's operations contribute an est

Thu, 05 Nov 2009 15:30:09 GMT

PRNewswire - Continental Airlines (NYSE: CAL) today released an economic impact study by NERA Economic Consulting (NERA) describing the airline's impact on the New York/New Jersey region coinciding with Continental's 30th anniversary of service to the area and its recent entry to Star Alliance.

S.Africa cancels orders for military Airbus

Thu, 05 Nov 2009 14:05:00 GMT

AFP - PARIS (AFP) - Cancellation of a contract for eight Airbus military transport planes by South Africa on Thursday prompted Airbus to insist that the problem-struck A400M version was set for a test flight soon.

Delta Petroleum Corporation Schedules Third Quarter 2009 Investor Conference Call for November 5, 2009

Thu, 05 Nov 2009 13:01:28 GMT

PRNewswire - Delta Petroleum Corporation (Nasdaq: DPTR), an independent oil and gas exploration and development company, announced that it will host an investor conference call on Thursday, November 5, 2009 at 12:00 noon Eastern Time (10:00 am Mountain Time) to discuss operating results for the third quarter 2009.

S.Africa cancels deal for Airbus military planes

Thu, 05 Nov 2009 11:36:00 GMT

AFP - JOHANNESBURG (AFP) - South Africa has cancelled a deal to buy eight Airbus A400M military transport planes due to hefty cost overruns and delivery delays, the government spokesman said Thursday.

Experience Barbados With Delta Vacations and Save Up to $100 Book a 7 night hotel and air package to ease the planning of an unforgettable winter

Thu, 05 Nov 2009 00:37:52 GMT

PRNewswire - Delta VacationsÂ® makes planning a week-long Barbados getaway that much easier this winter with seven night hotel and air packages from a variety of cities including Atlanta, New York, Detroit, MI, Minneapolis/St. Paul, MN and Salt Lake City, UT.

AirTran Airways Launches New Service From DFW International Airport to Milwaukee Low-cost airline offers North Texas passengers great choices, drives

Wed, 04 Nov 2009 23:41:36 GMT

PRNewswire - AirTran Airways will begin new daily service to Milwaukee, Wis. from Dallas/Fort Worth International Airport (DFW), starting April 6, 2010.

WestJet ekes out gain in passenger traffic, Air Canada sees more empty seats

Wed, 04 Nov 2009 22:41:00 GMT

The Canadian Press - CALGARY - WestJet Airlines Ltd. (TSX:WJA) reported improvements in passenger traffic and fewer empty seats on its flights last month compared with a year ago, when the impact of the global recession began to grip Canadian consumers.

Air Canada reports October traffic

Wed, 04 Nov 2009 22:10:48 GMT

CNW Group - For the month of October, Air Canada reported a system load factor of 79.6 per cent on a consolidated basis with Jazz (from which Air Canada purchases regional capacity), versus 80.2 per cent in October 2008, a decrease of 0.6 percentage points.

Zacks Industry Outlook Highlights: United Technologies Corporation, Oshkosh Corporation, The Boeing Company and Honeywell International Inc.

Wed, 04 Nov 2009 22:02:20 GMT

Business Wire - Zacks.com releases the latest Industry Outlook. Today, Zacks Equity Research discusses the...

American Airlines Reports October Traffic

Wed, 04 Nov 2009 21:30:17 GMT

PRNewswire - American Airlines reported an October load factor of 83.1 percent, an increase of 4.0 points versus the same period last year.

American Airlines Moves Up Launch Date for New Service to China Chicago - Beijing Flight Now Set To Start in April

Wed, 04 Nov 2009 17:30:15 GMT

PRNewswire - American Airlines, a founding member of the oneworldÂ® Alliance, will begin its new service from Chicago O'Hare International Airport to Beijing Capital International Airport on April 26, 2010.

American Airlines Announces the 'Find Yourself Up in the Air' Online Auction and Sweepstakes to Celebrate the Upcoming Paramount Pictures Film, 'Up in

Wed, 04 Nov 2009 16:00:26 GMT

PRNewswire - American Airlines has introduced a unique online auction to celebrate the new Paramount Pictures film, "Up in the Air," from OscarÂ®-nominated director Jason Reitman and starring Oscar winner George Clooney.

A.M. Best Assigns Ratings to Delta Dental Plan of Arkansas, Inc.

Wed, 04 Nov 2009 15:45:59 GMT

Business Wire - A.M. Best Co. has assigned a financial strength rating of A- (Excellent) and issuer credit...

US Airways Reports Record October Load Factor

Wed, 04 Nov 2009 13:17:14 GMT

Business Wire - US Airways Group, Inc. (NYSE: LCC) today announced October and year-to-date 2009 traffic results.

Research and Markets: In-Depth Company Profiles for Airline Companies Ranked in the 2009 Fortune Global 500 List

Wed, 04 Nov 2009 11:44:29 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/9eb5f6/airlines_2009_fort) has announced the addition of the "Airlines 2009 Fortune Global 500 Databank - Company Profiles" company profile to their offering.

Boeing Integrated Defense Systems VP Speaking at Defense Forum

Tue, 03 Nov 2009 15:00:21 GMT

PRNewswire - Boeing (NYSE: BA) Integrated Defense Systems Vice President of Business Development Chris Raymond will speak at the Bank of America Merrill Lynch Defense Outlook Forum on Tuesday, Nov. 10, at approximately 10:40 a.m.

Jet Airways Transforms Web Presence With Autonomy Interwoven's Meaning Based Marketing Solution India's Premier International Airline Delivers More C

Tue, 03 Nov 2009 09:00:15 GMT

PRNewswire - Autonomy Corporation plc (LSE: AU. or AU.L), a global leader in infrastructure software for the enterprise, today announced that Jet Airways, India's premier international airline, has implemented Autonomy Interwoven's web content management solution to enhance the performance of its websites, including jetairways.com, jetlite.com and 9wagents.com.

Air New Zealand to buy 14 Airbus A320 aircraft

Tue, 03 Nov 2009 02:32:00 GMT

AFP - WELLINGTON (AFP) - Air New Zealand said Tuesday it will buy 14 new Airbus A320 aircraft to replace its domestic fleet of 15 Boeing 737-300 planes.

Southwest Airlines Pilots' Association Ratifies Tentative Agreement With the Airline

Mon, 02 Nov 2009 16:30:10 GMT

PRNewswire - Southwest Airlines is pleased to announce that its Pilots represented by the Southwest Airlines Pilots' Association (SWAPA), voted to ratify the tentative, five-year contract both parties reached last month.

Logo's TripOutGayTravel.com Announces Winners for Its First Ever Travel Awards Honoring The LGBT Traveler's Favorite Destinations The "TripOut Gay Tr

Mon, 02 Nov 2009 16:02:52 GMT

PRNewswire - Logo, a unit of Viacom's MTV Networks (NYSE: VIA, VIA.B), announced today that TripOutGayTravel.com, its comprehensive travel site dedicated to the LGBT traveler and MTV Networks' first stand-alone, travel-focused site, announced the winners of its first ever "TripOut Gay Travel Awards." The awards honor the most stylish, exciting and hottest destinations and services that attract, pamper and market to the LGBT traveler.

Fenway Sports Group Announces JetBlue Airways as Official Airline of Boston College Athletics -- To celebrate, JetBlue is offering 10 percent off any

Mon, 02 Nov 2009 15:32:33 GMT

PRNewswire - Fenway Sports Group (FSG) today announced it has secured JetBlue Airways (Nasdaq: JBLU), Boston's largest domestic carrier, as the official airline of Boston College Athletics.

Ryanair profits surge, warns Boeing on orders

Mon, 02 Nov 2009 14:21:00 GMT

AFP - DUBLIN (AFP) - Irish low-cost airline Ryanair, reporting a surge in first half profit, on Monday threatened to cancel or delay orders for 200 planes from US aircraft manufacturer Boeing unless it gets a better deal.

Delta Oil & Gas Successfully Completes Third Well in Southeastern Saskatchewan, Canada

Mon, 02 Nov 2009 14:07:19 GMT

Business Wire - Delta Oil and Gas, Inc. (OTCBB:DLTA) is extremely pleased to announce that third horizontal development well at Wordsworth, Saskatchewan (the “14-7-3W2 horizontal well”) has been drilled and completed.

Ducommun Incorporated Definitizes Contract with Boeing for C-17 Globemaster III Fuselage Skins

Mon, 02 Nov 2009 12:32:36 GMT

Business Wire - Ducommun Incorporated (NYSE:DCO) today announced that its Ducommun AeroStructures, Inc. (DAS) subsidiary has definitized a follow-on contract with The Boeing Company to provide fuselage skins for the C-17 Globemaster III military transport aircraft through the fourth quarter of 2010.

Ryanair profits surge on lower fuel costs

Mon, 02 Nov 2009 12:24:00 GMT

AFP - DUBLIN (AFP) - Irish low-cost airline Ryanair on Monday reported first half profits due to lower fuel costs but warned that falling fares would mean losses in the second half.

Ryanair posts profit, issues fares warning

Mon, 02 Nov 2009 07:29:00 GMT

AFP - DUBLIN (AFP) - Irish low-cost airline Ryanair on Monday reported that its net profit nearly quadrupled in the first half of the year but warned a fall in fares would make for losses in the second half.

Union Further Delays Delta Employees' Opportunity for Elections Timing of IAM withdrawal 'suspicious'

Fri, 30 Oct 2009 20:10:53 GMT

PRNewswire - Delta Air Lines (NYSE: DAL) today issued the following statement from Mike Campbell, executive vice president of Human Resources and Labor Relations, in response to the International Association of Machinists' (IAM) decision to withdraw its application for a union election among Delta's 14,000 fleet service employees.

Air France gets Europe's first A380 superjumbo

Fri, 30 Oct 2009 19:30:00 GMT

AFP - PARIS (AFP) - Air France on Friday became the first European airline to take delivery of the new Airbus A380 superjumbo passenger jet, which it says will make it great savings in tough economic times.

British Airways to pay $4.5M fine for price fixing

Fri, 30 Oct 2009 18:15:13 GMT

CBC - British Airways PLC has agreed to pay $4.5 million in fines for participating in a cartel fixing prices for Canadian air cargo.

AirTran Airways Introduces Buy One, Get One Free In-Flight Wi-Fi - Exclusive Deal From the Only Major Airline With Wi-Fi on Every Flight -

Fri, 30 Oct 2009 17:15:48 GMT

PRNewswire - AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI), announced today that it will be offering buy one, get one free in-flight, Wi-Fi sessions on any of its more than 700 daily flights through the end of the year.

Media Advisory - Air Canada to present 2009 third quarter results

Fri, 30 Oct 2009 15:47:14 GMT

CNW Group - Air Canada will hold a conference call for analysts on Friday, November 6, 2009 to present 2009 third quarter results.

Skymark Research Initiates Independent Research Coverage on Boeing

Fri, 30 Oct 2009 13:01:50 GMT

GlobeNewswire - Skymark Research, a leading provider of large-cap, small- and micro-cap independent investment research, today initiated coverage on Boeing (NYSE:BA).

Engine Alliance GP7200 Engine Enters Service with Air France

Fri, 30 Oct 2009 11:46:05 GMT

PRNewswire - Today Air France took delivery of its first GP7200-powered Airbus A380.

APFA, Nation's Largest Independent Flight Attendant Union, Calls for Approval of oneworld's Immunity Application American Airlines today issued the f

Thu, 29 Oct 2009 21:46:42 GMT

PRNewswire - American Airlines greatly appreciates the support of the Association of Professional Flight Attendants (APFA) for its immunity application and proposed Joint Business Agreement with British Airways and Iberia on service between North America and Europe.

Global airline traffic unchanged in September from weak 2008 levels

Thu, 29 Oct 2009 21:00:00 GMT

The Canadian Press - GENEVA - The world's airlines continued to struggle last month as passenger traffic was unchanged from the weak levels of last year, the International Air Transportation Association said Thursday.

Goldbrook Expands Pad Zone, Including 6.0 Metres Averaging 1.14% Ni, 0.63% Cu and 1.56 g/t PGE+Au; and Also Confirms Potential at the Delta Northeast

Thu, 29 Oct 2009 19:32:37 GMT

Marketwire - Goldbrook Ventures Inc. ("Goldbrook") (TSX VENTURE:GBK) is pleased to announce additional results from its 2009 Raglan project diamond drilling program.

Boeing Honored by Defense Department for Supporting Job Opportunity Program

Thu, 29 Oct 2009 19:00:04 GMT

PRNewswire - Boeing (NYSE: BA) earlier this month received the first U.S. Department of Defense (DOD) Award for Exceptional...

American Airlines and Lexus Team Up to Offer Free Wi-Fi in the Sky

Thu, 29 Oct 2009 14:00:37 GMT

PRNewswire - American Airlines and Lexus are kicking off the season of giving early with a free Wi-Fi inflight promotion for customers traveling on American Airlines.

Delta Uranium to Drill Uranium Targets on Its Deer Lake Properties

Thu, 29 Oct 2009 13:29:12 GMT

Marketwire - Delta Uranium Inc. (TSX:DUR) ("Delta" or the "Corporation") announces that it intends to commence up to 1,000 meters of diamond drilling on its Deer Lake uranium project in western Newfoundland.

Arch Coal Foundation Makes 28 Innovative Teaching Grants to Delta County, Colorado, Teachers

Thu, 29 Oct 2009 13:04:10 GMT

PRNewswire - This school year 32 Delta County teachers will initiate 28 innovative teaching projects funded by the Arch Coal Foundation.

Ailing JAL to seek help from state agency

Thu, 29 Oct 2009 09:52:00 GMT

AFP - TOKYO (AFP) - Struggling Japan Airlines Corp. (JAL) will seek help from a new quasi-public body to turn around its loss-making operations, the airline and government said on Thursday.

Airline Lufthansa third quarter net income up 23 per cent to US$270 million

Thu, 29 Oct 2009 09:30:00 GMT

The Canadian Press - FRANKFURT, Germany - German airline Deutsche Lufthansa AG says net income for the third quarter rose 23 per cent due to the inclusion of new group airlines.