International Business News - ALK 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 Shares of airlines mostly rose Friday, compounding gains from a three-day rally, as a JPMorgan analyst upgraded United Airlines parent UAL Corp. to "Overweight." http://www.ibtimes.com/articles/20080718/sector-snap-airlines-gain-despite-oil-recovery.htm Fri, 18 Jul 2008 12:41:51 EDT A device to prevent airplane fuel tanks from exploding must be installed on certain passenger jets and cargo planes, federal officials said, 12 years after such an explosion destroyed TWA Flight 800, killing all 230 people aboard. http://www.ibtimes.com/articles/20080717/us-unveils-new-rule-on-airplane-fuel-tanks.htm Thu, 17 Jul 2008 08:57:54 EDT Horizon Air, a unit of Alaska Air Group Inc., said it will offer daily nonstop service between Los Angeles and Mammoth Lakes during the winter skiing season. http://www.ibtimes.com/articles/20080715/horizon-to-offer-daily-flights-from-la-to-mammoth.htm Tue, 15 Jul 2008 15:00:56 EDT Airline stocks were volatile Tuesday--hitting multiyear lows then surging later in the day--as oil prices sank more than $10 per barrel amid rising concerns about the health of the U.S. economy. http://www.ibtimes.com/articles/20080715/airline-stocks-plunge-then-recover-on-oil-dip.htm Tue, 15 Jul 2008 12:52:16 EDT Investors sent shares of several major airlines to new year-lows Monday, as the price of oil crept past $145 per barrel and analysts suggested significant price hikes and further capacity reductions are necessary. http://www.ibtimes.com/articles/20080714/sector-snap-airlines-fall-as-oil-passes-145.htm Mon, 14 Jul 2008 12:12:13 EDT A Credit Suisse analyst downgraded four airlines Monday, predicting that current capacity reduction plans won't be enough to offset a further jump in oil prices and spur profitability next year. http://www.ibtimes.com/articles/20080714/ahead-of-the-bell-credit-suisse-cuts-airlines.htm Mon, 14 Jul 2008 08:16:18 EDT As oil prices soared to a new record-high Friday, the nation's airlines and shipping companies stepped up calls for a crackdown on financial speculation in energy markets, which they blame for pushing up fuel costs. http://www.ibtimes.com/articles/20080711/airlines-boost-calls-for-oil-speculation-crackdown.htm Fri, 11 Jul 2008 13:54:47 EDT The Federal Aviation Administration is ordering U.S. airlines to conduct safety inspections to look for cracking on overwing frames on certain MD-80 series aircraft, a directive that could be a headache for an industry reeling from soaring fuel prices. http://www.ibtimes.com/articles/20080708/faa-orders-new-md-80-series-safety-inspections.htm Tue, 08 Jul 2008 17:24:22 EDT Domestic airlines improved their on-time arrival rates in May, although more than one in five flights still failed to get passengers to their destination as scheduled, according to government data released Monday. http://www.ibtimes.com/data/articleimgs/87461-airlines-delays.jpg http://www.ibtimes.com/articles/20080707/us-airlines-report-fewer-delays-in-may.htm http://www.ibtimes.com/articles/20080707/us-airlines-report-fewer-delays-in-may.htm Mon, 07 Jul 2008 17:02:13 EDT Alaska Airlines is entering into a partnership with the regional carrier Frontier Alaska. Starting this fall Frontier Alaska passengers will be able to book through Alaska Airlines and redeem miles in its mileage plan. http://www.ibtimes.com/articles/20080707/alaska-airlines-partners-with-regional-carrier.htm Mon, 07 Jul 2008 12:04:04 EDT Don't bother hitting the ATM before boarding your flight--your airline may no longer be accepting cash. Starting Aug. 5, Alaska Airlines will become the latest carrier to go cashless for in-flight purchases such as headphones, cocktails and snacks. http://www.ibtimes.com/articles/20080703/charge-it-airlines-no-longer-taking-cash-onboard.htm Thu, 03 Jul 2008 16:18:35 EDT Alaska Air Group Inc. said Wednesday traffic at its main carrier Alaska Airlines fell 2 percent in June, as it filled fewer seats despite greater capacity. http://www.ibtimes.com/articles/20080703/alaska-air-traffic-falls-2-percent-in-june.htm Thu, 03 Jul 2008 08:59:48 EDT Airline shares rose cautiously along with the broader market Monday as oil prices eased from record highs earlier in the day. The Amex Airline Index rose 0.7 percent to 16.27 after earlier dipping to 15.63, its lowest point ever. http://www.ibtimes.com/articles/20080630/sector-snap-airline-shares-edge-higher.htm Mon, 30 Jun 2008 12:29:09 EDT Shares of major airlines declined at market open as oil prices shot past a new record above $143 a barrel. Light, sweet crude for August delivery rose $3.46 to $143.67 a barrel in electronic trading on the New York Mercantile Exchange. Shares of airlines often trade opposite the price of crude because fuel represents one of the industry's biggest costs. http://www.ibtimes.com/articles/20080630/out-of-the-gate-airline-shares-decline.htm Mon, 30 Jun 2008 11:55:29 EDT Horizon Air, a unit of Alaska Air Group Inc., said Friday that it will reduce service on several routes and eliminate at least two others, blaming rising fuel costs. http://www.ibtimes.com/articles/20080627/horizon-to-reduce-some-flights-eliminate-others.htm Fri, 27 Jun 2008 17:46:15 EDT Shares of major airlines fell in Friday trading as crude oil contracts briefly touched a record high above $142 a barrel. The Amex Airline Index hit a new low of 15.87, down about 1.5 percent, with all but one of its 14 component stocks lower. http://www.ibtimes.com/articles/20080627/sector-snap-airlines-shares-fall.htm Fri, 27 Jun 2008 13:12:41 EDT Airline shares fell Thursday as the broader market headed sharply lower and oil prices shot to near $139 a barrel. The Amex Airline Index dropped 2.8 percent to 16.59 in morning trading. The Dow Jones industrial average was also down considerably, losing 1.6 percent to 11,623.34. http://www.ibtimes.com/articles/20080626/sector-snap-airline-stocks-head-lower-oil-jumps.htm Thu, 26 Jun 2008 12:08:23 EDT Airline shares soared Wednesday, lifted by a sharp pullback in oil prices and broad-based gains ahead of the Federal Reserve's afternoon announcement. http://www.ibtimes.com/articles/20080625/sector-snap-airline-stocks-rally-as-oil-tumbles.htm Wed, 25 Jun 2008 12:38:56 EDT Airline shares mostly fell Tuesday as oil pushed higher and concerns grew about the health of the U.S. economy. The Amex Airline Index fell 1.4 percent to 16.55 in morning trading, compounding a large drop the previous day and driving the 14-stock basket to its lowest level yet. The broader market also fell, with the Dow Jones industrial average sinking 0.2 percent to 11,816.31. http://www.ibtimes.com/articles/20080624/sector-snap-airline-stocks-mostly-dip-on-oil-gain.htm Tue, 24 Jun 2008 11:48:16 EDT Airline stocks fell sharply Monday as oil prices resumed their climb, adding to fears that soaring fuel costs will continue to plague the struggling industry. http://www.ibtimes.com/articles/20080623/sector-snap-airline-stocks-drop-as-oil-climbs.htm Mon, 23 Jun 2008 12:31:50 EDT