For passengers, the rise in ground delays adds to the frustrations of travel. A plane might land early but then sit waiting.» Read More
SEATTLE-- Alaska Airlines says its computer connections have been restored, and operations are returning to normal at its airport gates. The problem started just before 8 a.m. Monday when the airline lost its connection to the Sabre reservation system because of two cut Sprint fiber optic lines.
The failure has caused delays at the Seattle- based airline's entire network of 64 destinations, which also includes airports in Alaska, Mexico and Canada. Alaska Airlines has an average of 436 flights a day.
Oct 8- American Airlines said unit revenue, a widely watched measure of pricing power, rose 4 percent in September and would have been higher if not for flight delays and cancellations.
Delta plans to add a flight between Seattle and Shanghai starting on June 17, 2013. Delta, which is based in Atlanta, is also proposing a flight between Seattle and Tokyo-Haneda, Japan, set to begin in March.
Oct 8- American Airlines on Monday said unit revenue, a widely watched measure of pricing power, rose 4 percent last month and would have been higher if not for flight delays and cancellations connected with operational disruptions.
SEATTLE-- The computers Alaska Airlines uses to check in passengers stopped working at 7:40 a.m. Monday, causing long lines of frustrated passengers who were unable to board flights that were delayed. Alaska Airlines President and CEO Brad Tilden said there might be a partial solution by noon Pacific time and a full resolution by 5 p.m..
Oct 5- Southwest Airlines Co reported softer September traffic on Friday as fewer passengers boarded its planes, and its shares were off 1.5 percent as a widely watched revenue measure was below some analysts' expectations. In the third quarter, unit revenue likely increased about 1 percent, Southwest added.
DALLAS-- Southwest Airlines Co. was left at the gate when other airline stocks rose strongly on Friday morning after the company gave a weak report on September traffic and revenue trends. THE SPARK: Southwest, which also operates AirTran Airways, said September traffic dropped by 2.1 percent and a key revenue measure fell by 2 to 3 percent.
Italy faces the risk of a credit crunch when its banks have to repay the cheap three-year loans they took from the European Central Bank, the chairman of the country's third-biggest lender Monte dei Paschi said on Thursday.
NEW YORK-- An analyst on Thursday cut his earnings estimates for JetBlue Airways Corp. because the price of fuel hasn't dropped as much as he expected after Labor Day. Sterne Agee analyst Jeffrey Kauffman cut his profit forecast for the New York airline's third quarter to 16 cents per share from a previous expectation of 22 cents per share.
Oct 3- American Airlines and its pilots union resumed contract talks Wednesday, but other problems continued to beset the bankrupt carrier. "I will never ride on American Airlines ever again," said Tony Palm, who was stranded when a connecting flight on American from Chicago to New York's LaGuardia airport was canceled last month.
Oct 3- American Airlines and its pilots union resumed contract talks Wednesday, but other problems continued to beset the bankrupt airline. "I will never ride on American Airlines ever again," said Tony Palm, who was stranded when a connecting flight on American from Chicago to New York's LaGuardia airport was cancelled last month.
Stocks posted modest gains in volatile trading Wednesday, lifted by a batch of better-than-expected economic reports, but ongoing worries over a global slowdown kept investors on edge.
Benchmark oil lost more than 3 percent Wednesday on more evidence of slower growth in China, the world's second-largest oil consumer behind the U.S. Airline stocks tend to trade inversely to the price of oil because fuel is one of the airlines' largest expenses. Shares of US Airways Group Inc. led the sector's gains Wednesday.
Take a look at some of Wednesday's midday movers:
Oct 2- American Airlines pilots this week are expected to authorize their union to call a strike, but the union says it may decide to keep the vote secret for now.
Oct 2- American Airline pilots this week are expected to authorize their union to call a strike, but the union says it may decide to keep the vote secret for now.
*One of several Atlantic Basin plants facing sale, closure. CALGARY, Alberta, Oct 2- Imperial Oil Ltd. Imperial, the Canadian affiliate of Exxon Mobil Corp, has said it expects to announce a decision on the plant's fate in the first quarter of 2013..
The first sign of trouble showed up last Wednesday, when crews noticed loose seats on a plane that had flown from Dallas-Fort Worth International Airport to Vail, Colo. The seats were tightened again that day in Boston. The same plane had to make an emergency landing Monday when seats came loose shortly after takeoff on a New York- to- Miami flight.