Airlines should not be forced to take full responsibility for extra security measures as governments try to respond to the discovery of bombs in air-cargo shipments last week, the International Air Transport Association said.
Responsibility for new s…
Will airline travel plunge after two bombs were discovered on board cargo planes?
Continue reading Will Air Travel Plunge Following Terror Plot?
Will Air Travel Plunge Following Terror Plot? orig…
Ryanair (RYAAY), Europe’s largest low-cost airline, posted a 32% jump in earnings on higher traffic and prices.
The Dublin-based carrier had profit of 330.3 million euros ($461 million) in the quarter ended Sept. 30, up from 250.5 million euros a year earlier, Bloomberg News reported.
Sales rose 29% from a year earlier to 1.28 billion euros.
The company raised its forecast for…
Continue reading Ryanair Earnings Rise on Higher Fares
Ryanair Earnings Rise on Higher Fares originally appeared on DailyFinance on Mon, 01 Nov 2010 06:58:00.
Filed Under: Company News, Earnings, Retail
Japan and the U.S. signed a treaty that will reduce barriers to flights between the countries and encourage collaboration between the countries’ airlines, Bloomberg News reported.
“I am optimistic that we will see an increase in the numbers of passengers traveling between our countries,” said U.S. Ambassador John Roos, after signing the treaty in Tokyo.
The treaty will reduce…
Continue reading Japan, U.S. Sign Treaty to Boost Air Travel
Japan, U.S. Sign Treaty to Boost Air Travel originally appeared on DailyFinance on Mon, 25 Oct 2010 08:47:00.
Filed Under: Company News, Stocks in the News
Considering how often airline industry executives complain about how hard it is to run a profitable carrier, one might expect their efforts could go unrewarded — at least monetarily. Not so at the new United Continental Holdin…