American Airlines and US Airways are reportedly engaging in negotiations on a possible merger. If successful, the merger will create the largest airline in the world, with a total equity value of $11 billion.
The new airline will use the American Airlines name, and it will exceed current leader United Continental Holdings Inc by [...]
Flying is actually one of the safest ways to travel. In 2012, airplane fatality rate dropped to its lowest point since 1945. However, deadly crashes can still happen, and they occur more frequently with certain airlines.
The Jet Airliner Crash Data Evaluation Center, or JACDEC, just released the new Airline Safety Ranking, an annual listing [...]
The Federal Aviation Administration has released an emergency order to ground Boeing’s 787 Dreamliners following reports of battery problems.
The grounding of Boeing’s most advanced jetliner only affects one American carrier. United Airlines is the only carrier in the United States that operates 787 Dreamliners, and it said that it will cooperate with the [...]
Lebanon Airport in New Hampshire and Cape Air started a promotional offer on Christmas Eve last year, offering one-way flights to New York and Boston at an unbelievable price of only $12.00.
The small regional airport and its only airline introduced the promotion in an endeavor to become eligible for federal grant money, which will [...]
According to Triangle Business Journal, Delta Airlines has announced that it will be closing its private jet facility near Kinston, North Carolina. This move is part of its plan to consolidate its private jet division in the Cincinnati area, and it is expected to cause about 50 people to lose their jobs.
Delta has been [...]
United Airlines flew paying passengers for the first time aboard a new airplane that is widely regarded as a game-changer in the aviation industry.
The Chicago-based airline is the first airline in North America to receive the Boeing 787 Dreamliner, a super-efficient passenger aircraft with fuselage, wings, and tail that are mostly made of carbon [...]
Discount carrier Southwest Airlines has decided to shrink its workforce as part of a plan to cut spending by at least $100 million. This measure will help the company remain profitable after increases in fuel prices caused cost growth to outpace sales growth.
Chief Executive Officer of Southwest, Gary Kelly, said that the company will [...]
In an attempt to reduce the number of aviation accidents, the Federal Aviation Administration has set a new rule for preventing pilot fatigue.
The purpose of the new rule is to ensure that commercial passenger pilots have sufficient rest between work shifts, so that they can perform their duties with greater alertness and efficiency. According [...]
Boeing predicts that 34,000 new airplanes will be purchased over the next two decades. The total price of these airplanes is approximately $4.5 trillion.
This increase in demand is driven by the rising need for new airplanes in India, China, and other emerging markets. Around one-third of the airplanes will be acquired by airlines [...]
Oil prices have been falling over the past few days, but this does not seem to ease the problems that are faced by the airline industry. Worries about oil supplies are overshadowed by news that Europeans are opposing austerity measures, certain countries are falling back into recession, and emerging nations are experiencing slower growth. Rising [...]