Japan, U.S. Sign Treaty to Boost Air Travel

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.

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The treaty will reduce…

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Japan, U.S. Sign Treaty to Boost Air Travel originally appeared on DailyFinance on Mon, 25 Oct 2010 08:47:00.

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United, Continental See Earnings Jump on Demand for Travel

United Airlines and Continental Airlines reported healthy third-quarter earnings thanks to higher ticket prices and stronger demand for air travel.

United reported earnings of $2.12 per share, excluding some items, Bloomberg News said. Continental’s earnings were $2.24 a share.

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Growing demand for air travel means airlines can raise ticket prices without scaring away customers.

The…

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United, Continental See Earnings Jump on Demand for Travel originally appeared on DailyFinance on Thu, 21 Oct 2010 08:55:00.

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United Executives See Big Boost in Post-Merger Pay

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…