International Business News - SKYW 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 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 Air carrier SkyWest Inc. on Friday hit a multiyear low, as the market tumbled amid persistent worries about the banking sector and rising gas prices. The major indexes logged declines of more than 1.5 percent, and the Dow Jones industrial average ended below the 12,000 mark for the first time since mid-March. http://www.ibtimes.com/articles/20080620/skywest-shares-hit-multiyear-low.htm Fri, 20 Jun 2008 17:15:36 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 SkyWest Inc. said Tuesday its passenger traffic fell 5 percent in May, as both capacity and occupancy declined. The airline company said traffic dropped to 1.49 billion revenue passenger miles from 1.57 billion revenue passenger miles in May 2007. A revenue passenger mile is an industry unit that represents one paying passenger flown one mile. http://www.ibtimes.com/articles/20080610/skywest-passenger-traffic-drops-5-percent-in-may.htm Tue, 10 Jun 2008 14:08:50 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 SkyWest Inc., the parent of SkyWest Airlines, says it is dropping its pursuit of ExpressJet Holdings Inc. St. George, Utah-based SkyWest said Friday in a statement it is acting in response to ExpressJet's deal to continue regional jet service for Continental Airlines. http://www.ibtimes.com/articles/20080606/skywest-drops-pursuit-of-regional-carrier.htm Fri, 06 Jun 2008 12:59:38 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 Continental Airlines Inc. and ExpressJet Holdings Inc. have signed a seven-year capacity purchase agreement that will allow ExpressJet to continue to provide regional jet service for Continental. http://www.ibtimes.com/articles/20080606/continental-expressjet-sign-7-year-capacity-deal.htm Fri, 06 Jun 2008 07:53:39 EDT Airline stocks rallied Thursday after a third major carrier outlined sweeping capacity cutbacks that could benefit the struggling industry. The Amex Airline Index surged 6.7 percent to 20.72 in early afternoon trading. The broader market also advanced, with the Dow Jones industrial average gaining 1.4 percent to 12,562.03. http://www.ibtimes.com/articles/20080605/sector-snap-airline-stocks-rally-on-cutback-news.htm Thu, 05 Jun 2008 13:02:03 EDT Domestic airlines' on-time arrival rate improved in April, despite more than 3,900 flights canceled by American Airlines, according to government data released Wednesday. http://www.ibtimes.com/articles/20080604/airlines-reported-fewer-delays-in-april.htm Wed, 04 Jun 2008 11:49:51 EDT