Can United and Its Labor Unions Negotiate to Prevent a Strike?
United Airlines has been planning to cut $9.9 billion in pension accounts which has angered its labor unions. If the…
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Tag: airline industry
Delta May Be In Trouble
Delta Air Lines may have to file for bankruptcy in the next few months because it is not generating enough…
PBGC And UAL Reach Pension Plan Agreement
The Pension Benefit Guaranty Corporation (PBGC) has reached a settlement with United Airlines over the termination of the company's pension…
Delta Reports $1.1 Billion Loss
Delta Air Lines reported results for the quarter ended March 31, 2005, and other significant news.
Southwest Airlines Beats Expectations for 1Q
Southwest Airlines reported first quarter 2005 net income of $76 million, or $.09 per diluted share, compared to $26 million…
Cathay Pacific Airways Expands Service
Cathay Pacific Airways announced the expansion of existing service between its Hong Kong hub and key cities around the world.
US Airways Gets Second $125 Million Equity Commitment
US Airways has reached an agreement with Republic Airways Holding and its majority shareholder, Wexford Capital LLC.
Icelandair Orders Dreamliners from Boeing
Boeing and Icelandair announced an order for two all-new 787 Dreamliner airplanes with which the carrier will expand its operations…
UAL Reports Another Loss
UAL's fourth-quarter results were impacted by high fuel costs and a difficult domestic revenue environment.
A CEO with Emotional Intelligence
Herb Kelleher was on my recent Southwest Airlines flight from San Antonio to Dallas - of all things! As you…
