International Business News - DAL 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 If US Airways and United Airlines decide to combine, they'll bring along a number of reluctant employee groups that would rather remain separate. US Airways pilots on Friday joined a chorus of criticism about a possible tie-up. The US Airline Pilots Association said United parent UAL Corp. is financially weak, and that mixing the carriers is a bad idea. Chicago-based UAL lost $537 million in the first quarter. http://www.ibtimes.com/articles/20080516/us-airways-pilots-say-too-soon-for-united-tie-up.htm Fri, 16 May 2008 18:49:29 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 Plane maker Airbus and diversified manufacturer Honeywell International Inc. on Thursday said they are developing a biofuel that by 2030 could satisfy nearly a third of the worldwide demand from commercial aircraft, without affecting food supplies. http://www.ibtimes.com/articles/20080515/airbus-honeywell-team-on-biofuel-for-airplanes.htm Thu, 15 May 2008 12:03:03 EDT Silverjet PLC, while planning to cautiously expand from its London base, is in talks to replicate its all-business class model in other markets through franchise deals, the high-end airline's CEO said Thursday. http://www.ibtimes.com/articles/20080515/silverjet-plans-to-expand-keeps-options-open.htm Thu, 15 May 2008 11:24:33 EDT Mesa Air Group Inc. said Wednesday its shareholders authorized it to issue millions of new shares to pay off upcoming costs. The Phoenix-based regional carrier wanted the new shares to help it pay back as much as $37.8 million in senior convertible notes in June. Analysts have questioned the move, saying it would seriously dilute the value of Mesa's stock. http://www.ibtimes.com/articles/20080514/mesa-air-shareholders-approve-debt-plan.htm Wed, 14 May 2008 21:30:07 EDT United Airlines and Continental Airlines Inc. are talking about forming an alliance to gain some benefits of working together without going through a merger, which Continental rejected last month, a person close to the talks said Wednesday. http://www.ibtimes.com/articles/20080514/ap-source-united-continental-in-alliance-talks.htm Wed, 14 May 2008 19:40:33 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 Delta Air Lines Inc. pilots voted overwhelmingly in favor of changes to their contract that will give them pay raises, an equity stake and other benefits, but also will give management more leeway as part of a proposed combination with Northwest Airlines Corp. http://www.ibtimes.com/articles/20080514/delta-pilots-approve-contract-revisions.htm Wed, 14 May 2008 12:33:17 EDT The proposed combination of Delta Air Lines Inc. and Northwest Airlines Corp. will be on lawmakers' agenda again on Wednesday, but the airlines' chief executives won't be present during this round, which focuses on labor issues. http://www.ibtimes.com/articles/20080514/ahead-of-the-bell-delta-northwest-combination.htm Wed, 14 May 2008 06:24:27 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 Mesa Air Group Inc. hopes shareholders will soothe its financial troubles this week by allowing the airline to issue millions of new shares valued at nearly twice the company's current market capitalization. http://www.ibtimes.com/articles/20080511/mesa-air-looks-for-shareholders-ok-to-offer-more-shares.htm Sun, 11 May 2008 15:27:32 EDT The chief executives of Delta Air Lines and Northwest Airlines plan to meet with members of Michigan's congressional delegation to discuss their proposed combination. http://www.ibtimes.com/articles/20080508/delta-northwest-executives-to-meet-with-michigan-lawmakers.htm Thu, 08 May 2008 17:53:38 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