International Business News - MESA 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 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 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 Mesa Air Group Inc. said Monday it swung to a second-quarter profit, after it paid a smaller-than-expected settlement to Hawaiian Airlines. The company earned $9.4 million, or 29 cents per share, compared with a loss of $24 million, or 75 cents per share, in the year-ago quarter. Analysts expected a loss of 5 cents per share, according to a poll by Thomson Financial. http://www.ibtimes.com/articles/20080630/mesa-air-group-swings-to-2q-profit-on-settlement.htm Mon, 30 Jun 2008 09:00:29 EDT A federal judge says Delta Air Lines Inc. assured Mesa Air Group Inc. that it wasn't trying to penalize the regional carrier when Delta moved many of Mesa's flights to congested John F. Kennedy International Airport in New York. http://www.ibtimes.com/articles/20080626/judge-details-injunction-against-delta.htm Thu, 26 Jun 2008 21:50:05 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 Bolstered by the abrupt shutdown of Aloha Airlines, go! airline's passenger count surged nearly 52 percent last month. Mesa Air Group says its interisland carrier go! carried nearly 88,000 passengers last month, about 30,000 more than it did in May 2007. http://www.ibtimes.com/articles/20080626/mesas-interisland-business-booms-in-hawaii.htm Thu, 26 Jun 2008 11:44:44 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 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 Federal investigators confirm that two go! Hawaii Airline pilots fell asleep when they were flying to Honolulu to Hilo in February and overshot the runway by 15 miles. http://www.ibtimes.com/articles/20080611/pilots-fell-asleep-on-go-hawaii-airline-flight.htm Wed, 11 Jun 2008 16:52:51 EDT Island Air said Tuesday it was dropping a two-year, $14 million federal contract to provide air service to several rural Midwest communities. The announcement comes about a month after the Honolulu-based carrier said it was "delighted" about winning the Essential Air Service contract. http://www.ibtimes.com/articles/20080610/island-air-drops-federal-contract-to-serve-midwest.htm Tue, 10 Jun 2008 10:52:41 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 The interim chief financial officer of Mesa Air Group Inc., a Phoenix-based commuter airline, has resigned, according to a Securities and Exchange Commission filing on Friday. http://www.ibtimes.com/articles/20080606/mesa-air-groups-interim-cfo-resigns.htm Fri, 06 Jun 2008 13:45:28 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