International Business News - FRNT 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 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 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 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 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 Frontier Airlines said Tuesday it promoted Senior Vice President Edward Christie III to the role of chief financial officer. Christie joined Frontier in December 2002. He was named vice president of finance in May 2007 and was promoted to senior vice president in February. http://www.ibtimes.com/articles/20080701/frontier-airlines-names-edward-christie-iii-as-cfo.htm Tue, 01 Jul 2008 07:36:28 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 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 Airline stocks tumbled Friday as oil prices reversed course and bolted sharply higher. The Amex Airline Index dropped 7.3 percent to 18.03 in late morning trading. The declines came amid a steep pullback in the broader market, with the Dow Jones industrial average sinking 1.1 percent to 11,929.56. http://www.ibtimes.com/articles/20080620/sector-snap-airline-stocks-tumble-as-oil-rebounds.htm Fri, 20 Jun 2008 12:00:04 EDT Airline shares rose sharply Thursday as investors took comfort in oil's retreat. The Amex Airline Index shot up 6.5 percent to 18.78 at midday. The broader market was largely flat, with the Dow Jones industrial average hovering at 12,039.31, up about a tenth of a percentage point. http://www.ibtimes.com/articles/20080619/sector-snap-airline-shares-rally-as-oil-retreats.htm Thu, 19 Jun 2008 12:45:17 EDT Frontier Airlines plans to report that its net loss for the fiscal year that ended March 31 nearly tripled from the year before due to rising fuel costs. http://www.ibtimes.com/articles/20080618/frontier-yearly-loss-widens-as-fuel-costs-rise.htm Wed, 18 Jun 2008 15:45:00 EDT Airline shares fell along with the rest of the market Wednesday amid ongoing concerns that high fuel prices will continue to roil the struggling industry. http://www.ibtimes.com/articles/20080618/sector-snap-airline-stocks-fall-amid-oil-woes.htm Wed, 18 Jun 2008 12:24:35 EDT Airline shares traded mixed Monday, with low-cost carriers posting declines on higher oil prices, but some major airlines ekeing out gains. The Amex Airline Index slipped 0.7 percent to 17.54 in early afternoon trading, with eight of its 14 component stocks trading down. http://www.ibtimes.com/articles/20080616/sector-snap-airlines-trade-mixed-as-oil-rises.htm Mon, 16 Jun 2008 13:01:49 EDT Frontier Airlines said Wednesday it will keep all 70 planes in its fleet and is making payments to stay current on leases and financing agreements. Denver-based Frontier Airlines Holding Inc., which owns the carrier, filed for Chapter 11 bankruptcy protection in April. The carrier was allowed to suspend payments on its aircraft for 60 days after the filing but then had to decide whether to maintain the leases and contracts. http://www.ibtimes.com/articles/20080611/frontier-airlines-keeping-all-70-planes-in-fleet.htm Wed, 11 Jun 2008 12:27:00 EDT A number of major airlines rolled back a weekend fare increase Monday, the first time in more than half a dozen attempts that a widespread price hike failed to take hold across the struggling industry. http://www.ibtimes.com/data/articleimgs/67321-airline-fares.jpg http://www.ibtimes.com/articles/20080609/major-airlines-roll-back-weekend-fare-increase.htm http://www.ibtimes.com/articles/20080609/major-airlines-roll-back-weekend-fare-increase.htm Mon, 09 Jun 2008 17:09:21 EDT Airline stocks fell Monday as a widespread fare increase by several large carriers failed to soothe the sting of soaring as oil prices. The Amex Airline Index sank 1.8 percent to 18.87 in early afternoon trading. The Dow Jones industrial average advanced, rising 0.5 percent to 12,271.28. http://www.ibtimes.com/articles/20080609/sector-snap-airline-stocks-fall-as-oil-stays-high.htm Mon, 09 Jun 2008 13:14:12 EDT A number of major airlines rolled back a weekend fare increase Monday, the first time in more than half a dozen attempts that a widespread price hike failed to take hold across the struggling industry. http://www.ibtimes.com/articles/20080609/biggest-airlines-raise-fares-by-20-roundtrip.htm Mon, 09 Jun 2008 16:25:44 EDT Airline stocks dove sharply Friday as oil prices shot up nearly $7 a barrel and an unemployment report added to worries about the economy. The Amex Airline Index tumbled 4.8 percent to 19.65 in early afternoon trading. The broader market also fell sharply, with the Dow Jones industrial average down 2.1 percent to 12,346.02. http://www.ibtimes.com/articles/20080606/sector-snap-airline-stocks-tumble-on-higher-oil.htm Fri, 06 Jun 2008 12:34:16 EDT