International Business News - AAI http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif A week before Memorial Day travelers hit the airports, the Transportation Department announced Friday proposals to ease delays emanating from the New York City-area's congested airports, avoid widespread aircraft groundings and better inform travelers about prices and delays. The plans call for: http://www.ibtimes.com/articles/20080516/congestion-suggestions-dots-delay-reduction-plan.htm Fri, 16 May 2008 14:31:13 EDT Slot auctions designed to reduce delays nationwide and increase competition are coming to John F. Kennedy International Airport in New York and Newark Liberty International Airport in New Jersey, the government said Friday. http://www.ibtimes.com/articles/20080516/slot-auctions-coming-to-all-3-nyc-area-airports.htm Fri, 16 May 2008 16:27:17 EDT Congressional and airline industry sources say the Transportation Department will announce slot auctions at John F. Kennedy International Airport in New York and Newark Liberty Airport in New Jersey. http://www.ibtimes.com/articles/20080516/slot-auctions-coming-to-all-3-nyc-area-airports.htm Fri, 16 May 2008 11:59:35 EDT U.S. airlines carried nearly 3 percent more passengers in February compared with the same month last year, but did so while operating fewer flights, the government said Thursday. http://www.ibtimes.com/articles/20080515/dot-says-airline-traffic-rose-in-february.htm Thu, 15 May 2008 12:06:08 EDT Airline stocks rose Wednesday as oil prices eased further from recent record highs. The Amex Airline Index jumped 2.8 percent to 22.88 in early afternoon trading. Broader indexes also advanced, with the Dow Jones industrial average up 1.1 percent to 12,977.60. http://www.ibtimes.com/articles/20080514/sector-snap-airline-stocks-rally-as-oil-eases.htm Wed, 14 May 2008 13:37:49 EDT The U.S. is proposing that dozens of countries ease their airline ownership rules in an effort to spur international investment in the industry, a State Department official said Tuesday. http://www.ibtimes.com/articles/20080513/us-wants-to-ease-global-airline-ownership-rules.htm Tue, 13 May 2008 14:21:24 EDT Airline stocks wavered Tuesday as oil prices pushed higher and the industry's main U.S. trade group forecast carriers will continue to pack planes this summer even as they shed capacity to cut costs. http://www.ibtimes.com/articles/20080513/sector-snap-airline-stocks-waver-as-oil-climbs.htm Tue, 13 May 2008 13:25:00 EDT The U.S. is proposing that dozens of countries ease their airline ownership rules in an effort to spur international investment in the industry, a State Department official said Tuesday. http://www.ibtimes.com/articles/20080513/us-wants-to-ease-the-airline-ownership-rules.htm Tue, 13 May 2008 12:53:16 EDT Fewer Americans are expected to fly this summer, but don't expect more empty seats as carriers pack planes to help offset surging fuel costs. The trade group for the nation's largest airlines on Tuesday forecast 211.5 million passengers will travel on domestic carriers between June 1 and Aug. 31. That would be a 1.3 percent drop from last summer. http://www.ibtimes.com/articles/20080513/fewer-fliers-for-summer-but-packed-planes-persist.htm Tue, 13 May 2008 11:46:08 EDT Airline shares gained ground Monday as oil prices eased from recent record highs. The Amex Airline Index added 1 percent to 22.11 in late morning trading, its first gain in more than a week. The broader market also advanced, with the Dow Jones industrial average rising 0.7 percent to 12,834.87. http://www.ibtimes.com/articles/20080512/sector-snap-airlines-mostly-rise-as-oil-eases.htm Mon, 12 May 2008 12:39:18 EDT The three biggest U.S. carriers said Thursday they have again raised ticket prices, this time by $20 roundtrip, to recoup rapidly rising fuel costs. The increases by American Airlines, United Airlines and Delta Air Lines affect the carriers' fuel surcharges, which now total $130 roundtrip on many flights. That means passengers on some cheap flights could be paying more in fees and taxes than for the airfare itself. http://www.ibtimes.com/articles/20080508/top-3-air-carriers-boost-fuel-charge-by-20-roundtrip.htm Thu, 08 May 2008 14:34:32 EDT Major airline shares rose Thursday after Delta Air Lines Inc. sparked the industry's latest fare increase and oil prices took a break from their upward march. http://www.ibtimes.com/articles/20080508/sector-snap-major-airline-shares-rise-as-oil-takes-a-break.htm Thu, 08 May 2008 12:48:44 EDT Two of the three biggest U.S. carriers said Thursday they have again raised ticket prices, this time by $20 roundtrip, to recoup rapidly rising fuel costs. http://www.ibtimes.com/articles/20080508/delta-air-lines-american-boost-fuel-charge-by-20-roundtrip.htm Thu, 08 May 2008 12:38:36 EDT Airline stocks moved mostly lower Wednesday, although a handful of carriers eked out gains even as oil prices remained near record highs. The Amex Airline Index slipped 1.1 percent to 22.75 around midday, giving up gains earlier in the session. If the declines hold, it will be the 14-stock index's fourth straight day of declines. http://www.ibtimes.com/articles/20080507/sector-snap-airline-stocks-mostly-decline-as-oil-stays-high.htm Wed, 07 May 2008 12:41:25 EDT Nearly 30 percent of domestic flights were late or canceled in March, more bad news for an industry plagued with safety concerns and buckling under record fuel costs. http://www.ibtimes.com/articles/20080507/nearly-30-percent-of-flights-in-march-were-late-or-canceled.htm Wed, 07 May 2008 11:40:51 EDT Airline stocks pulled back Friday, turning lower for the first time all week as oil prices pushed sharply higher. The Amex Airline Index dropped 3.6 percent to 23.88 in late morning trading. The 14-stock index posted gains in each of the previous six sessions. The broader market advanced modestly, with the Dow Jones industrial average adding 0.3 percent to 13,040.86. http://www.ibtimes.com/articles/20080502/sector-snap-airline-stocks-pull-back-as-oil-resumes-climb.htm Fri, 02 May 2008 12:38:17 EDT Airline shares rose for the fifth straight day Wednesday as oil prices retreated further from recent record highs. The Amex Airline Index advanced 2.9 percent to 23.64 in early afternoon trading. The broader market also pushed higher, with the Dow Jones industrial average gaining just under a percentage point to 12,952.93. http://www.ibtimes.com/articles/20080430/airline-shares-advance-further-as-crude-prices-pull-back.htm Wed, 30 Apr 2008 13:32:42 EDT Several airline stocks staged a modest midday recovery Monday following a report that United Airlines and US Airways are in advanced acquisition talks. http://www.ibtimes.com/articles/20080428/us-airways-airline-stocks-rise-on-report-of-united-deal.htm Mon, 28 Apr 2008 13:08:50 EDT ExpressJet Holdings Inc. shares jumped by nearly half Friday after the regional carrier rejected a rival's takeover bid as too cheap, but signaled it might be willing to sell for the right price. http://www.ibtimes.com/articles/20080425/expressjet-shares-soar-by-nearly-half-following-skywest-bid.htm Fri, 25 Apr 2008 14:47:52 EDT Airline stocks fell after oil prices spiked Friday, cooling the effects of the previous day's rally. The Amex Airline Index sank 2.5 percent to 20.69 in early afternoon trading. A day earlier, the 14-stock basket surged 6 percent. The broader market also moved lower Friday, with the Dow Jones industrial average losing 0.5 percent to 12,791.23. http://www.ibtimes.com/articles/20080425/sector-snap-airlines-fall-as-oil-rallies.htm Fri, 25 Apr 2008 13:54:22 EDT