photo by Drewski2112
Well, it was a bit of a surprise. After the linkup between Delta and Northwest a few weeks ago, many (myself included) expected to see continued industry consolidation. And a merger between United and Continental was seen as a likely one; rumors floating around pointed to [...]
New York-based premium transatlantic carrier Eos Airlines filed for Chapter 11 bankruptcy protection yesterday and operated its last flights earlier today. The airline flew Boeing 757-200s between New York-JFK and London’s Stansted Airport, but had plans to expand to other destinations.
Eos’ shutdown was not necessarily expected, but given the current state that the industry’s in, [...]
photo by caribb
In a letter sent to employees yesterday, US Airways CEO Doug Parker said that “airlines are going to have to make dramatic changes” if they want to survive. Although he said that he couldn’t “comment on any specific discussions or transaction,” he said that the media [...]
Delta Air Lines Inc. and Northwest Airlines Corp. reached agreement on a merger deal yesterday that, if approved, would create the world’s largest airline. The combined airline will be headquartered in Atlanta, GA and will retain the Delta name. The merged carrier will have nearly $18 billion enterprise value, and will be run by Delta [...]
It’s official: the long-anticipated merger of Delta Air Lines and Northwest Airlines has finally been announced. The combined carrier – already billed as “America’s premier global airline”, will be known as Delta and will be based in Atlanta. Delta CEO Richard Anderson would head up the new airline.
A press release by the airline touted the [...]
photo by Drewski2112
Even after a wave of airline bankruptcies has recently shaken the US airline industry, Virgin Group chairman Richard Branson said on Thursday that he is “extremely pleased” with the airline’s performance and that it is “well ahead of budget”. He was also predicted that “in three [...]
photo by Drewski2112
Denver-based Frontier Airlines filed for Chapter 11 bankruptcy protection earlier today, citing a move made by its credit card processor, First Data Corporation, which has started withholding a larger percentage of proceeds from ticket sales.
“To be clear, we filed for very different reasons than those of [...]
photo by caribb
Only a few weeks after canceling hundreds of flights, American Airlines today canceled over 900 flights, affecting an estimated 100,000 travelers. The airline also canceled 460 flights on Tuesday and nearly 1,100 yesterday. The cancellations, which affected American’s 300 MD-80s, are in response to an FAA directive involving the covers of wire bundles [...]
photo courtesy of Austrian Airlines
To celebrate its 50th anniversary, Austrian Airlines has painted an Airbus A320 (OE-LBP) in a “retro” colors. Austrian’s first flight was on March 31, 1958, from Vienna to London (via Zurich) on a Vickers Viscount. Austrian is the latest European airline to commission such a livery – others, such as Lufthansa [...]
photo by OZinOH
Skybus, the Columbus, Ohio-based no-frills carrier that famously started flying last May with $10 fares, announced on Friday that it will stop flying on Saturday, April 5. It becomes the fourth US carrier in less than a week to shut down (joining Aloha, Champion Air, and [...]