A flock of new start-ups is taking to the skies and shaking up the airline industry.
The airline lost an estimated $75 million in 1974 and $165 million in the five years before that.
An upstart airline crashesThe 200 passengers waiting patiently last Friday morning to board a DC-10 bound for Miami from Manchester, England, were stunned to hear over a.
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June 12, 2013 - Air Transport World
SAS airline Q2 loss narrows to $59 million Scandinavian airline group SAS says its second-quarter net loss narrowed to 388 million kronor ($59 million) from 429 million kronor a year earlier as a result of cost cuts. Revenue in the February-April ...
June 12, 2013 - Associated Press via Yahoo! News
Doug Parker in domain-B Our industry is profoundly challenged by the dramatic increase in fuel prices and we must write a new play book for running a profitable airline,US Airways chairman and CEO, Doug Parker, said.
Bernie Hamilton in Independent Unite national officer Bernie Hamilton said the news was "bitterly disappointing", adding: "Rolls-Royce must take a measured approach to this temporary downturn in the airline industry. In the past the company has cut too many jobs and Rolls-Royce...
Gerard Arpey in Wall Street Journal AMR Chairman and Chief Executive Gerard Arpey said last week that "the airline industry as it is constituted today was not built to withstand oil prices at $125 or $130 per barrel, and certainly not when record fuel expenses are coupled with a weak...