Airline Capacity Cuts May Mean Higher Fares
June 12, 2009
Plans by major US airlines to reduce the number of seats they sell may bolster fares later this year, further propping up prices that dropped this year as economic weakness drained travel demand.
Paris Airshow Underscores Bleak Times For Industry
June 12, 2009
The world's biggest airshow next week may see more soul-searching than orders as the industry wades through an economic crisis overshadowed by the worst crash in eight years.
Boeing, Airbus Struggle For Orders
June 12, 2009
Airbus and Boeing are headed for their worst annual order tally in at least 15 years as struggling airlines cancel almost as many planes as they are buying.
Aer Lingus To Cut Long-Haul Capacity By Quarter
June 12, 2009
Irish airline Aer Lingus said on Friday it will cut seat capacity on its winter long-haul services by a quarter compared to 2008 in response to low demand and significant losses in the first quarter.
SAS May Slash Overseas Routes - Report
June 12, 2009
SAS could scale back overseas flights if the Scandinavian airline is unable to persuade unions to cut costs or enter a joint venture, its chief executive said in a newspaper interview on Friday.
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