American Airlines will team up with British Airways and Qantas Airways to bolster cash-strapped Japan Airlines, two sources said, aiming to fight off a rival offer from Delta Air Lines.
American Airlines will team up with British Airways and Qantas Airways to offer cash-strapped Japan Airlines fresh capital and expanded business ties, two sources said, aiming to fight off a rival offer from Delta Air Lines .
U.S. stock index futures were little changed on Friday as investors sought to determine whether a pullback is on the horizon after a 6-month rally and braced for options expiration.
U.S. stock index futures pointed to a slightly lower open on Wall Street on Friday, with futures for the S&P 500 down 0.2 percent, Dow Jones futures down 0.2 percent and Nasdaq 100 futures down 0.2 percent at 3:37 a.m. EDT.
National carrier Air New Zealand Ltd reported a 90 percent fall in full year net profit on Thursday, as the global recession and flu pandemic hit air travel.
Boeing Co , the world's No.2 plane-maker, suffered another heavy blow to its Dreamliner project on Friday when a major customer, Australia's Qantas Airways , scrapped and deferred orders for 30 new planes.
Australia’s Largest airline, Qantas Airways, said Tuesday it would cut 1750 job due to the current in the economic crisis, as S&P cuts its rating from BBB+ to BBB.
Qantas Airways Ltd forecast on Tuesday its first second-half loss in six years and unveiled capacity and job cuts as Australia's biggest airline battles a slump in passenger demand and rising competition.
Qantas Airways Ltd forecast on Tuesday its first second-half loss in six years and unveiled capacity and job cuts as Australia's biggest airline battles a slump in passenger demand and rising competition.
As Brazil becomes one of the world?s major players in investment
opportunity, airlines are vying to offer new flights and routes.
American Airlines launched service from Miami (MIA) to Recife (REC) and
Salvador da Bahia (SSA) on Nov. 2 and to Belo Horizonte (CNF) on Nov.
4. Delta Air Lines inaugurated daily flights from Atlanta (ATL) to Rio
de Janeiro (GIG) and Manaus (MAO) in late November, alo.....
British Airways PLC said on Wednesday that it is considering opportunities of cooperating with American Airlines Inc. and Continental Airlines Inc.
Boeing Co. has been swamped with compensation demands after it announced the third major delay in six months of its new 787 Dreamliner plane.
US and Australia started talks on Tuesday, in Washington, in an effort to provide cheaper flights across the trans-pacific route.
Qantas Airways Ltd, Australia's largest airline, on Wednesday agreed to buy up to 188 new narrow-body planes worth more than $12 billion at list prices to defend its domestic routes and expand into Asia.
Qantas said on Tuesday it would implement a multi-million dollar investment to cater business travelers in its New Zealand domestic product from November 2007.
Boeing Co. unveiled its lightweight, carbon-composite 787 Dreamliner on Sunday in front of 15,000 cheering employees, customers and suppliers, capping a weekend of hype and a flurry of orders for the new fuel-efficient plane.
Qantas staff are worried about their employment security with the airline, according to a report, after Qanta’s bidder Airline Partners Australia (APA) revised a key condition of its takeover plan last week, which calls for the airline to take on more debt.