Airline Finance News - Europe.
Jun 30, 2008 Air France KLM and three other airlines agreed to pay fines totaling USD$504 million to settle US price-fixing charges involving vast shipments of consumer goods ranging from electronics to medicines, the US Justice Department said on Thursday. The plea deal was the latest in...

Airline Finance News - North America.
Apr 28, 2008 Airfares continued climbing in Q4, DoT report says. A new government report shows air fares continued to increase in the final three months of 2007. Average fourth-quarter fares climbed 4% to $331, the DoT report said. Apr 24, 2008 The Airline Reporting...

Company Watch - Korean Air Lines.
May 5, 2008 Korean Air announced a swing to a larger-than-expected quarterly net loss on Wednesday, pressured by higher fuel costs and a softer won currency. Korean Air faces unfriendly skies this year due to ever-rising fuel prices and a slowing global economy, although the company can...

Revelex Bolsters Its Leisure-Booking Engine with New Air Travel Features.
TRAVEL AND LEISURE CLOSE-UP-15 August 2007-Revelex Bolsters Its Leisure-Booking Engine with New Air Travel Features(C)2007 - CloseUpMedia - newsdesk@closeupmedia.com Revelex Corp., a company in travel technology solutions for agents and vendors, has announced new air features for its leisure-booking engine, Power Agent. The new capabilities,...

Friendly skies.
Usually it happens in the fall, as the summer specials disappear and airline seats once again are filled with business executives instead of squirming kids. Ticket prices rise, and the critics of airline deregulation fish their old arguments out of the back of the closet and thrust them yet...

Alaska Airlines, Horizon Air Unveil Summer Preview Fare Sale.
TRAVEL AND LEISURE CLOSE-UP-30 April 2008-Alaska Airlines, Horizon Air Unveil Summer Preview Fare Sale(C)2008 - CloseUpMedia - newsdesk@closeupmedia.com Alaska Airlines and Horizon Air have launched a summer preview fare sale featuring low fares to many of the carriers "West Most" locations from Alaska to Mexico. ...

Midflight correction?
During the late 1970s the Carter administration deregulated one industry after another. Businesses as diverse as airlines, trucking companies, and financial institutions had the wraps taken off. The rationale: Market forces would increase competition, providing a boon to consumers, who would benefit from a greater variety of services at...

Saudis, Big Oil gouging Americans.
OLEAN -- Last week I had occasion to fly from Buffalo to Washington and back to attend a newsmaker luncheon at the National Press Club, an organization in which I have retained my longstanding membership. Same-day travel. Non-stop. Depart early morning, return in the evening. Late reservation with no...

Company Watch - AirTran Airways.
Jun 23, 2008 AirTran Airways said it now expects nonfuel CASM to fall 2%-2.5% year-over-year rather than 1%-1.5% owing to "improved efficiencies and solid operating performance." It also announced an additional 5% capacity cut beginning in September on top of the reduction announced this spring. That cut...

Company Watch - Malaysia Airlines.
6/30/2008 Malaysia Airlines on Friday raised fuel surcharges on its international flights by up to 80 percent, and warned that fare increases around the world were needed to prevent an industry collapse. The national flag carrier said it will increase the surcharge by 25 percent on short-haul...