Airlines
Delta Air Lines and Air France have agreed to begin code-share service from Paris to Ouagadougou, Burkina Faso, and Abidjan, Cote d'Ivorie, starting December 1. This new partnership is part of Delta's efforts to expand its presence in Africa, leveraging its alliance with Air France and
Airlines
Delta Air Lines operates a significant number of Boeing 767-300ER planes, with 51 aircraft making up a substantial part of its fleet of 584 planes. The 767-300ER is a workhorse for Delta, particularly on international routes, where 51 out of 74 jets used for travel are 767s. Despite the recent
Airlines
Onex Corp. has submitted a revised offer to acquire Canada's two major airlines, Air Canada and Canadian Airlines, in an effort to address concerns from Air Canada stockholders. The company has increased its cash offer for Air Canada shares to $8.82 per share, up from $5.60,
Airlines
Canadian Transport Minister David Collenette has reasserted the country's commitment to retaining control of the airline industry for the next century. This decision follows a contentious merger bid between Air Canada and Canadian Airlines, which has implications for the restructuring of the industry. The Minister emphasized that while
Airlines
CompuCom Systems, a Total Solutions Provider, has received the Delta Air Lines Telecommunications and Technology Supplier of the Year Award for its exceptional performance in delivering high-quality services and products to the airline. The award acknowledges CompuCom's achievements in meeting and exceeding Delta's standards for quality,
Airlines
Delta Air Lines' plan to purchase Comair, a commuter airline, will help the company tap into smaller markets in the Midwest and Florida, with established routes for regional flights. The acquisition is also a strategic move to feed more travelers from small towns into Delta hub terminals. Meanwhile, Ford
Airlines
Delta Air Lines has reduced travel agent commissions from 8% to 5% on both domestic and international bookings, following a similar move by United Airlines. This change is part of an ongoing trend in the industry to shift consumers towards Internet bookings, which is expected to lower processing costs for
Airlines
The move by several major airlines to cut travel agent commissions to 5% from 8% has left agents scrambling, with many worrying about the devastating impact on their businesses. Despite concerns, the American Society of Travel Agents reports that travel agencies are adapting to the changing landscape by increasing their
Airlines
The Pacific Exchange (PCX) will begin trading LEAPS (Long-term Equity AnticiPation Securities) on a select group of stocks starting October 8, 1999. The stocks include Boston Scientific Corporation, Cablevision Systems Corporation, DaimlerChrysler AG, Delta Air Lines, Inc., International Paper Company, Loral Space & Communications Ltd., and Sears, Roebuck & Co.
Airlines
Dollar Rent A Car is giving back to its loyal customers through a generous offer of double miles to Trans World Airlines (TWA) Aviators(SM) members and triple miles to Delta AirLines SkyMiles(R) members who rent a mid-size car or larger for a certain period. This promotion is designed
Airlines
The stock market saw significant reactions to various earnings announcements and mergers, with AirGate Wireless leading the charge by closing 58% above its offering price on its first day of trading. Meanwhile, Delta Air Lines announced a multibillion-dollar deal to sell and repurchase shares of Singapore Airlines stock, resulting in
Airlines
Delta Air Lines and its pilots have reached a crucial agreement, paving the way for the carrier to upgrade its fleet by operating two types of Boeing aircraft. The tentative pact, which covers pay rates and work conditions for the Boeing 777 and Boeing 767-400, has lifted the suspension on
