American Airlines (AA) parent AMR Corp., which is restructuring via the Chapter 11 bankruptcy process, incurred a $1.66 billion net loss in the first quarter, according to a filing Thursday with the US Securities and Exchange Commission (SEC).
American Airlines (AA) parent AMR Corp., which is restructuring via the Chapter 11 bankruptcy process, incurred a $1.66 billion net loss in the first quarter, according to a filing Thursday with the US Securities and Exchange Commission (SEC).
Southwest Airlines (SWA), which had warned of a first-quarter loss, posted net income of $98 million for the period, improved over a $5 million net profit in the 2011 March quarter.
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Retailing is not easy, especially in an industry that has no tradition of true product differentiation. But according to Gianni Cataldo, general manager and vice president for the Americas at Datalex, at least one airline is close to getting it right. Datalex has been working with Delta Air Lines on its online merchandising platform, and Cataldo provided some pointers gleaned from the experience at the OpenTravel Alliance Advisory Forum in Miami. First, he said, the carrier hired a retailing pro, “the e-commerce guy from Target.”
LOT Polish Airlines and JetBlue Airways have entered into an interline partnership, allowing passengers to book connections through New York JFK and Warsaw Chopin. Travelers can connect between JetBlue’s network in North America and LOT’s network throughout Europe, the Middle East and Asia. Emirates SkyCargo has increased weekly Dubai-Singapore-Sydney-Hong Kong-Dubai Boeing 777F service to 2X-weekly.
Ten months after its $491 million acquisition of EMS Technologies—a connectivity solutions provider for mobile networking, mobile computers, and satellite communications—Honeywell has signed an exclusive agreement with Inmarsat valued at $2.8 billion over 20 years to develop, produce and distribute the onboard hardware for its Global Xpress connectivity network.
Air Berlin (AB) CEO Hartmut Mehdorn has strongly criticized the North Rhine-Westphalia (NRW) state government’s decision to ban passenger flights between the hours of 11 p.m. and 5 a.m. at Cologne/Bonn (CGN).
Royal Jordanian (RJ) president and CEO Hussein Dabbas has announced he will step down June 1, according to multiple media sources. Dabbas was promoted from VP-marketing, sales and services in August 2009, replacing president and CEO Samer Majali.
A survey of more than 80 airlines in the UK shows that more than half plan to base services in other European countries because of congestion at London Heathrow (LHR), according to the Board of Airline Representatives in the UK (BAR UK).
Ten months after its $491 million acquisition of EMS Technologies—a connectivity solutions provider for mobile networking, mobile computers, and satellite communications—Honeywell has signed an exclusive agreement with Inmarsat valued at $2.8 billion over 20 years to develop, produce and distribute the onboard hardware for its Global Xpress connectivity network.
LOT Polish Airlines will operate the Boeing 787 on its Chicago O’Hare-Warsaw route from January 2013. AirBaltic will operate 5X-weekly Riga-Budapest seasonal Bombardier Q400 service for summer 2012. Porter Airlines will launch 4X-weekly seasonal Toronto City Centre-Mont Tremblant service June 15-Sept. 16. Eastern Airways has launched 6X-weekly Southampton-Brussels Jetstream 41 service.
Brazil’s GOL has received an $84.8 million loan guarantee from the US Export-Import Bank (Ex-Im) to support the export of its engine maintenance services to Delta TechOps in Atlanta.
The latest Boeing 787 to be received by All Nippon Airways (ANA) was partially powered on its delivery flight Tuesday by biofuel, marking the first time a Dreamliner has used alternative fuel.
