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August 13, 2008
Oil Is at $114. Mr. Airline, Would You Like to Meet Mr. Profit?In a research report Monday, Morgan Stanley analyst William Greene predicted that if crude oil falls to $115 a barrel, the airline industry could be profitable. Well, oil settled today at $114.25, after hitting as low as $113.25 during the day.
read moreAugust 13, 2008
Plane talkingPassengers onboard Emirates flight EK005 made history last week, as the first in-flight mobile phone calls were allowed on a commercial aircraft flying into the UK.
read moreAugust 12, 2008
U.S. Airline Stocks Extend Upswing as Oil Prices DropU.S. airline stocks extended a surprising recent rally Monday on an analyst's report suggesting the battered industry might return to profitability in 2009 if oil sustains its recent decline.
read moreAugust 12, 2008
BAA break-up nears realityBAA could be forced to relinquish its hold over airports in south-east England and Scotland, following reports that the UK Competition Commission is poised to rule that the airport operator is harming passenger interests.
read moreAugust 11, 2008
Lack of Seats, Galleys Delays Boeing, AirbusAirbus and Boeing Co. have both struggled with complex technology and assembly issues that have delayed ambitious new jet models. Now the manufacturing rivals face a more basic problem with the production of their existing planes.
read moreAugust 11, 2008
TSA weighs airport gun banThe Transportation Security Administration may allow airports to ban firearms from terminals, parking lots, roads and other airport areas where many states currently allow passengers to carry lethal weapons.
read moreAugust 10, 2008
JetBlue's JFK Terminal Secure & ChicAs a symbol of the last century of flight sits in its shadow, a new JetBlue terminal at John F. Kennedy International Airport is undergoing a series of tests ahead of its scheduled opening on Oct. 1.
read moreAugust 10, 2008
Airports brace for fewer flights, passengersFrom his office overlooking the runways of one of the nation's busiest airports, Dallas-Fort Worth International Airport Chief Executive Jeffrey Fegan sees the slowdown coming this fall.
read moreAugust 9, 2008
Airline Profits Dry Up for Overseas RoutesIt may be time for airlines to pay the price for months of pouring capacity into now-softening international markets.
read moreAugust 8, 2008
Ryanair blocks 'illegal' bookingsRyanair is to cancel thousands of its own customers' bookings after they were made through internet travel agents whose activities it says are illegal.
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