BNET Industries
Travel Industry
Industry news and insights by Brett Snyder
- Get Travel Industry via:
- Mobile
- RSS Feed
- Email Alerts
An Inglorious End to a Once-Glorious Airline
Remember Pan Am? Thanks to a scathing DOT report, what was left of the famed name in American aviation has officially been put out of its misery.... Continued »
BNET Travel Insights
Great Lakes Airlines Fills Fewer than 50% of Seats
Pop quiz: How can an airline fill less than half of its seats and still post a $19 million profit for the full year of 2007? Go ahead and take a bow. It’s thanks to your tax dollars.
...Travel Articles
-
United Airlines Names New Chief Operating Officer
CHICAGO (Reuters) - UAL Corp's (UAUA) United Airlines on Thursday named John Tague to the position of chief operating officer, a move one industry expert said may represent a management reshuffling ahead of a possible merger with US Airways Group (LCC)....
-
Qantas Engineers Poised to Strike
Qantas maintenance engineers are poised to endorse industrial action in a secret ballot closing on Thursday, clearing the way for a legally protected campaign from May 14.The Australian Licensed Aircraft Engineers Association (ALAEA) alleges Qantas has already signed up strikebreakers on six-month contracts worth $100,000.ALAEA federal secretary Steve Purvinas...
-
Virgin America Adds Long Haul Flights, JetBlue Cuts Them
I'm back from my Peruvian travels. Did you miss me? Yeah, I didn't think so. There were some very interesting developments in transcontinental flying while I was gone, and I think it's important to note how two similar airlines are reacting the current market conditions. First...
-
Qantas to Establish Pilot Base in Perth
National carrier Qantas Airways Ltd will establish a pilot base in Perth in December, adding to its bases in Sydney, Melbourne and Brisbane.Qantas chief executive Geoff Dixon said around 80 pilots would be based in Perth for intra-Western Australia and transcontinental flying, to support the airline's recently announced capacity...
-
United Airlines May Ask For Credit Revision: Report
NEW YORK (Reuters) - UAL's (UAUA) United Airlines is mulling asking its banks to rejig the terms of its credit facility in an effort to get crucial financial flexibility, the Financial Times reported on Monday. The carrier may approach its lenders, Citigroup (C),...
-
Wyndham Worldwide Profit Falls, Holds Forecast
NEW YORK (Reuters) - Wyndham Worldwide Corp (WYN), the world's No. 2 hotel group by rooms, said on Thursday first-quarter profit fell as growth in its economy hotel business was offset by a one-time charge related to the rebranding of its...
-
BA Says in Talks With American, Continental
LONDON/NEW YORK (Reuters) - British Airways (BAY) said on Wednesday it was in discussions with two of its largest U.S. rivals, American Airlines and Continental Airlines, which a source briefed on the matter said was about a potential alliance. Such a...
-
BA Says in Talks With U.S. Airlines
LONDON (Reuters UK) - British Airways (BAY) said on Wednesday it was in discussions with U.S. airlines American and Continental, which a source briefed on the matter said was about a potential alliance. "British Airways is exploring opportunities for co-operation with American Airlines and Continental...
-
UAL Pilots Leader Pans Possible Merger With US Air
WASHINGTON (Reuters) - A "toxic stew" of problems with pilots and other issues at US Airways Inc (LCC) would imperil any merger between that carrier and United Airlines, the leader of the United pilots' union said on Tuesday. While United has its own...
-
Northwest Leads Airline Shares Higher on Oil Drop
CHICAGO (Reuters) - Airline shares rocketed higher on Tuesday, led by Northwest Airlines (NWA), on a sharp decline in the price of crude oil, which is directly linked to the price of jet fuel. Northwest stock gained 17.5 percent to $8.95 on the...
-
UAL and US Air Merger Talks Advance: Sources
By John Crawley WASHINGTON (Reuters) - UAL Corp (UAUA) and US Airways Group Inc (LCC) are in advanced merger talks prompted by Continental Airlines Inc's (CAL) decision this weekend to walk away from similar talks with UAL, sources with knowledge of...
-
Qantas to Lift Airfares Due to Fuel
Qantas says it will increase its airfares for domestic and international flights and suspend its share buyback program due to ongoing increases in the cost of jet fuel.But the national carrier says that while the rise in fuel prices is a concern it remains confident of meeting its guidance...
-
UAL, USAir in "very Advanced" Merger Talks: Sources
WASHINGTON (Reuters) - United Airlines, a unit of UAL Corp (UAUA) and US Airways Group Inc (LCC) are in "very advanced" merger talks, two sources with knowledge of the matter said on Monday. A deal, one of the sources said, could be finalized...
-
Continental Not Merging With UAL
By Jui Chakravorty Das NEW YORK (Reuters UK) - Continental Airlines (CAL) has called off talks with United Airlines (UAUA) because of United's weak financial condition and a feeling that a merger would risk its own financial health, a source briefed on the matter said...
-
Continental Not Merging With UAL
By Jui Chakravorty Das NEW YORK (Reuters) - Continental Airlines Inc (CAL) has called off talks with United Airlines (UAUA) because of United's weak financial condition and a feeling that a merger would risk its own financial health, a source briefed on the...
-
United in Merger Spotlight With US Air and Continental
By John Crawley and Kyle Peterson WASHINGTON/CHICAGO (Reuters UK) - United Airlines seems to be the prime mover in the next industry merger, and a decision could come soon as carriers are forced to consolidate for survival. Now that a proposal for Delta Air Lines (DAL)...
-
United in Merger Spotlight With US Air, Continental
By John Crawley and Kyle Peterson WASHINGTON/CHICAGO (Reuters) - United Airlines seems to be the prime mover in the next industry merger, and a decision could come soon as carriers are forced to consolidate for survival. Now that a proposal for Delta Air...
-
American Airlines in Talks With Continental, US Air
By Jui Chakravorty Das NEW YORK (Reuters) - American Airlines (AMR) has had early-stage merger talks with US Airways (LCC) and is in advanced talks for an alliance with Continental Airlines (CAL), sources briefed on the situation said on Friday. News of the...
-
American Airlines in Talks With Continental and US Airways
NEW YORK (Reuters) - American Airlines (AMR) has had early-stage merger talks with US Airways (LCC) and is in advanced talks for an alliance with Continental Airlines (CAL), sources briefed on the situation said. American Airlines' talks with Continental are focused on ...
-
ExpressJet Rejects Takeover Offer From SkyWest
NEW YORK (Reuters) - ExpressJet Holdings Inc (XJT) said on Friday it rejected a $181.5 million takeover bid from SkyWest Inc (SKYW) and has begun began a review of strategic alternatives, including talks with SkyWest for a higher price. SkyWest offered to pay...
- More recent Travel Articles »
- « Earlier Travel Articles
Top Companies
- Las Vegas Sands Corp. $25.5B
- Marriott International Inc. $12.3B
- International Game Technology $10.8B
- Starwood Hotels & Resorts Worldwide $9.9B
- Southwest Airlines Co. $9.4B
- AMR Corp. $22.9B
- UAL Corp. $20.1B
- Continental Airlines Inc. $14.2B
- Delta Air Lines Inc. $13.3B
- Marriott International Inc. $12.9B
- Marriott International Inc. $696.0M
- Southwest Airlines Co. $645.0M
- Starwood Hotels & Resorts Worldwide $542.0M
- International Game Technology $508.2M
- AMR Corp. $504.0M
Top Rated
- Delta and Northwest Combine to Create Giant Headache+6 votes
- Why United's Skyrocketing Costs Aren't Just About Fuel+4 votes
- Can the C-Series Overtake Boeing and Airbus?+3 votes
- Pan Am Officially Loses Its Right to Fly+3 votes
- Capacity Hedging: A Game Every Carrier Plays+3 votes
- How the 'Crack Spread' Is Killing Airlines+2 votes
- Battle of the Airline Blogs+2 votes
- American: A Lesson in Crisis Mismanagement+1 vote
BNET Industry Analyst Profiles
Brett Snyder
After working in various pricing, sales, and marketing functions for airlines including America West and United, Brett Snyder left to join PriceGrabber.com where he remains today as the Director of New Products. Brett writes the award-winning consumer travel blog, The Cranky Flier, and holds an MBA from Stanford. more »
Recommended Sources
BNET Industries Blogroll
Archives
AboutTravel Industry
BNET Travel provides daily industry news coverage and insights for managers and executives about all aspects of the travel and tourism industry. In addition to detailed company profiles, we bring you critical analysis on new alliances and partnerships, new products and carrier routes, mergers and acquisitions, labor and cost management, investments and deal flow, and a host of other important business issues.