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| July 10, 2008 |
Northwest capacity cuts to result in 2,500 job losses Northwest Airlines said yesterday that its previously announced capacity cuts, which will include the removal of more than 40 aircraft from its fleet in 2008, will result in a reduction of 2,500 frontline and management employees. [MORE] Boeing: Demand to increase as airlines seek more fuel-efficient aircraft The steep rise in fuel prices confronting the commercial aviation industry will drive demand for new aircraft, according to Boeing, which said yesterday that it forecasts a $3.2 trillion market over the next two decades "driven by an increasing demand for airplanes to replace older, less efficient aircraft." [MORE]
ExpressJet to shutter branded operation Sept. 1 ExpressJet Airlines said yesterday that it will suspend its independent branded flying operation on Sept. 2, citing rising fuel costs, ending a program that never made money after its April 2007 launch (ATWOnline, May 10, 2007). [MORE] China raises jet fuel price by CNY720 per ton Chinese carriers were dealt another blow to their bottom lines this month as authorities decided to raise the jet fuel price by CNY720 ($104.83) per ton. [MORE]
Other News FAA issues new ADs on MD-80s, 737 Classics Air Berlin execs cleared of insider trading charges Airline industry continues to condemn EU ETS [MORE] |
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