Passenger Numbers Decline Still Leading Capacity Cuts
Two-To-One
As passenger numbers continue to drop, two major airlines posted
record quarterly losses last week – despite a drop in costs
per seat mile, due to falling jet fuel prices.
Suggests Plane Manufacturers Can Survive If Airlines Get Some
Help
With credit getting more difficult to obtain for new airliner
purchases, Airbus CEO Thomas Enders said that governments should
provide airlines with financing when other sources are
unobtainable.
UK Carrier Says Key Documents Weren't Provided To DOT
In what has been dismissed as another ploy to thwart an alliance
between American Airlines and British Airways, Virgin Atlantic
Airways has said the airlines have failed to produce all required
materials for review by the US Department of Transportation in
their bid for antitrust immunity.
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