Airlines
Airline experts expect air fares to increase in the wake of the proposed alliance between Northwest Airlines and Continental Airlines, citing rising costs and increased competition pressures. While the alliance is expected to open up new destinations to frequent travelers, it may also lead to accelerated price increases due to
Airlines
In a significant move, Northwest Airlines agreed to buy a controlling stake in Continental Airlines for $519 million, creating a third domestic and international airline network to compete with major carriers United Airlines and American Airlines. The unusual arrangement involves merging flight schedules and frequent-flier programs but maintaining separate identities
Airlines
Major corporations in various industries such as transportation, electronics, soft drinks, and technology reported their fourth-quarter earnings, revealing a mixed bag of results. While some companies exceeded analysts' expectations, others experienced declines in earnings or revenue. Northwest Airlines Corp., Plexus Corp., and International Business Machines Corp. reported positive earnings,
Airlines
Northwest Airlines proved to be a stark exception to the financial woes of Asian economies in 1997, posting record profits of $597 million and surpassing Wall Street's expectations. The carrier's fourth-quarter report indicated a strong domestic economy, lower fuel prices, and robust transatlantic business helped offset
Airlines
Representative Scott McInnis pointed out that United Airlines bears significant responsibility for the problems experienced by its regional carrier, Mesa Airlines, in Denver. The critical issue, according to McInnis, is United's monopoly in the city, which puts pressure on Mesa to comply with its requirements. Mesa Airlines has
Airlines
Mesa Airlines, which operates under the United Express banner, is expected to pull out of Denver International Airport following a $48.6 million loss and worsening relations with United Airlines. The airline has seen a 20 percent decrease in connecting fares and has been plagued by chronic complaints of poor
Airlines
Airlines are trying to entice passengers with cheaper fares to Europe and warm-weather destinations, such as Florida, the Caribbean, and Latin America, for the winter season. Continental Airlines, Trans World Airlines, Virgin Group, and Pan American World Airways are offering discounted round-trip fares to various international destinations. Meanwhile, the World
Airlines
Delta Air Lines is providing discounted fares between its Dallas/Ft. Worth hub and most US destinations for customers who make reservations and purchase travel through its SkyLinks web site. The special Internet sale fares are available from January 19, 1998, through February 28, 1998, with some blackout dates and
Airlines
Japan's Transport Ministry accused United Airlines on Wednesday of slowing the investigation into a jumbo jet's deadly plunge in turbulence by refusing to turn over the passenger list. The incident occurred on a flight from Tokyo to Honolulu about 1 1/2 hours into the flight,
Airlines
Denver International Airport has moved up from fifth to third as the Best Airport in North America in the annual readers' survey of the "best of the best" conducted by Business Traveler International magazine. The survey, which took a snapshot of 2,000 randomly selected subscribers, ranked
Airlines
According to the International Civil Aviation Organization, the number of people traveling on domestic and international scheduled flights has reached 1.3 billion this year, a 4-percent increase from 1995. The growth rate is smaller than the previous year's 5 percent and 6 percent increases in 1994, but
Airlines
In the wake of the devastating crash of American Airlines Flight 965 near Cali, Colombia on December 20, American Airlines officials have stated that there is no new information available regarding the investigation. The crash, which resulted in the deaths of 160 people, including pilot Capt. Nicholas Tafuri, is believed
