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October 29, 2009

US Airways to eliminate 1,000 jobs, realign network to focus on 'core' airports US Airways announced yesterday that it will cut 1,000 jobs in the first half of 2010 and implement a "realignment" of its flight network to focus on its "core network strengths," resulting in nearly all of its capacity operating to/from three hubs, one focus city and on its Northeast US shuttle service by the end of next year. [MORE] Lufthansa reports profitable quarter, issues full-year warning Lufthansa posted a €184 million ($273.4 million) net profit in the third quarter but remained in the red through the first nine months of 2009 and yesterday issued a warning that its target of a full-year operating surplus now is at risk. [MORE] AA to close Kansas City, other MRO bases next year American Airlines will close its Kansas City Maintenance Base next September as part of a downsizing of its maintenance and engineering "footprint" that will result in up to 700 management and union job losses. [MORE] Boeing chooses South Carolina for second 787 line Boeing yesterday announced that it will place a second 787 final assembly line in North Charleston, S.C., rather than near Seattle, which Boeing Commercial Airplanes President and CEO Jim Albaugh said would allow the manufacturer "to continue building on the synergies we have established in South Carolina with Boeing Charleston and Global Aeronautica," adding in a not-so-veiled jab at the International Assn. of Machinists and Aerospace Workers that the company is "taking prudent steps to protect the interests of our customers as we introduce the 787-9 and ramp up overall production to 10 twin-aisle 787 jets per month." [MORE] Other News Air Canada stock sale signals further financial strengthening>br> Royal Jordanian reports bumper third-quarter profit Thai targeted in Australian price-fixing probe [MORE]

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