Airlines
Despite efforts to cut costs and streamline operations, Delta Air Lines and Northwest Airlines both reported significant losses in the first quarter of the year, while JetBlue Airways posted a modest profit. However, even JetBlue's success was tempered by a significant increase in fuel costs, which rose 54%
Airlines
Reports suggest that Northwest Airlines is planning to outsource its Duluth aircraft maintenance base to European private contractor Airbus, a move that could lead to the loss of jobs for Minnesota employees. According to officials from the Aircraft Maintenance Fraternal Association (AMFA), Congressman James Oberstar (D-MN) was spotted in a
Airlines
Hong Kong International Airport has been voted the world's best airport for the fifth consecutive year, according to the 2005 World Airport Awards. Singapore's Changi Airport took the Silver Award as runner-up, while Seoul Incheon Airport came in third place. The awards are based on an
Airlines
Hong Kong International Airport has been voted the world's best airport for the fifth consecutive year, as part of the 2005 World Airport Awards conducted by Skytrax. The survey, which evaluated over 30 aspects of passenger satisfaction, garnered responses from a massive 5,584,365 respondents, a 15%
Airlines
Memphis International Airport has officially opened its much-anticipated World Runway, a massive 2-mile-long extension of its main runway that will enable wide-bodied aircraft to fly directly from Memphis to various international destinations. The grand opening ceremony, held on Friday, was attended by as many as 4,000 people, including Vice
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Northwest Airlines and KLM Royal Dutch Airlines announced the launch of an improved international business class service, offering more than 50 percent additional leg room, improved recline, and a host of other enhancements. The new service, branded "World Business Class," features increased seat pitch and recline, providing customers
Airlines
Memphis has earned the reputation as "America's distribution center" thanks to its unique transportation infrastructure. The city's strategic location as a river crossing, coupled with its modern port, intermodal rail yards, and one of the nation's fastest growing airports, makes it a
Airlines
American Airlines parent company AMR Corp. has offered $3.7 billion to acquire Northwest Airlines Corp., but the bid fell short of Northwest's asking price of over $100 a share. AMR's offer of $44 a share is a significant difference from Northwest's desired price,
Airlines
Northwest Airlines Cargo has strengthened its position as a leading freighter aircraft operator by acquiring two Boeing 747-200 series wide-body aircraft to be converted into all-cargo freighters. This expansion will not only increase the airline's freighter fleet but also enhance its capacity to meet growing cargo demand. The
Airlines
Bloomberg News reported that Northwest Airlines Corp. shares surged 9 percent after rumors of a potential acquisition by American Airlines parent AMR Corp. surfaced. The Fort Worth Star-Telegram suggested that AMR values Northwest at around $56 per share, but Northwest chairman Gary Wilson is seeking at least $65 per share.
Airlines
Merger negotiations between American Airlines and Northwest Airlines are reaching a critical stage, with a deal potentially being reached before the end of July. According to a source close to the talks, both sides are eager to come to an agreement, driven by the recent announcement of United Airlines'
Airlines
The nation's top airlines are launching a new Internet strategy to compete with Priceline.com and other travel portal sites. A consortium of airlines, including Northwest Airlines, is building a version of Priceline's ticket auction platform, called Hotwire.com. Travelers will be able to name their
