Business

Delta Closes $2.1 Billion of Financing Transactions

September 29, 2009

“The competitive terms and strong demand for this financing reflect the market’s confidence in Delta and our financial strength,” said Ed Bastian, Delta’s president. “With these transactions, we’ve addressed more than 40 percent of our 2010 maturities and generated an incremental $600 million to bolster our best-in-class liquidity position.”

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Global Airline Capacity Shows Positive Growth For The Second Consecutive Month

September 25, 2009

Global airline capacity for September 2009 is showing positive growth for the second consecutive month, reports OAG, (www.oagaviation.com), the world’s leading aviation data business, as it releases its monthly report on trends in the supply of airline flights and seats. The world’s airlines have scheduled 296.9 million seats, a rise of 1.4% (4,130,744 more seats) over September 2008 levels.

David Beckerman, vice president OAG Market Intelligence, said, “As the summer season winds down, the steady upward trend we have seen since May is continuing. After 11 straight months of capacity cutbacks, these figures indicate a growing confidence within the industry that demand for air travel is starting to pick up.”

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Does Your airport cut jobs? Why?

September 12, 2009

It looks like the hard times hits the airline and airport business very hard in very near future to those that it haven’t hit already. But what comes to cutting jobs in airports, especially in ground handling, I think there is something to be cut, at least in Helsinki airport (HEL). I arrived in HEL [...]

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Delta Air Lines Expands BusinessElite Service from New York

August 25, 2009

Image by The Rocketeer via Flickr NEW YORK, Aug. 25 /PRNewswire-FirstCall/ — Delta Air Lines today announced a significant expansion of BusinessElite service from New York. The airline has added full-flat beds to all flights between New York-JFK and London-Heathrow, and in September will begin to introduce new BusinessElite service on transcontinental flights between Delta’s [...]

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LAN Airlines Launches Online Booking Engine ‘LAN for Business’

August 24, 2009

Image via Wikipedia MIAMI, Aug. 24 /PRNewswire/ — LAN Airlines, Latin America’s premier air carrier, announced today the launch of LAN for Business, a new online booking engine designed to allow small and medium businesses to purchase and reserve airline tickets with a few easy clicks. This tool has been specifically created to satisfy the [...]

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TAM and Air China Sign Codeshare Agreement

August 12, 2009

SAO PAULO, Aug. 11 /PRNewswire-FirstCall/ — TAM and Air China will begin operating codeshare flights that connect Sao Paulo and Beijing this month. The agreement will provide greater comfort and convenience to passengers of both companies. Departing from Brazil on TAM, passengers will be able to purchase tickets to Beijing, with a connection in Madrid’s [...]

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Southwest Airlines Submits Bid to Acquire Frontier Airlines in Bankruptcy Court Proceeding

August 10, 2009

Image by Getty Images via Daylife DALLAS/PRNewswire-FirstCall/ — Southwest Airlines confirmed today that the carrier submitted its binding cash offer of more than $170 million to acquire Frontier Airlines, which will be sold at auction as part of Frontier’s bankruptcy case. The bid was submitted to Frontier in accordance with the procedures established in the [...]

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Few words from IATA

July 6, 2009

Image via Wikipedia IATA has been working with the Federal Aviation Administration (FAA) to enhance random routes in the US northeast corridor for flights westbound to the North Atlantic Organized Track System (NAT OTS). The test procedure extends to 30 September and eligible departure airports now include Atlanta (ATL), Charlotte (CLT), Orlando (MCO), Washington Dulles [...]

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