Air Travel is becoming more and more expensive due to the rising gas prices. Also new flight taxes contribute to making air travel a luxury.
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I am wondering how many people may want to fly with Australian Qantas Airlines as accident after accident happen there that seriously question the safety regulations and maintenance. Now door opens mid-Qantas flight; plane makes an emergency landing. This happened TODAY, just few days after the hole opening emergency 3 days ago.
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Qantas has arranged for a replacement aircraft to fly to Manila tonight to collect the passengers from QF30, which was diverted earlier today en route from Hong Kong to Melbourne.
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The towering costs of fuel have started to bite the Aviation Industry. The Midwest Air Group has announced that they will start cutting daily flights to 11 cities within the United States.
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Through the dual effect of astronomical fuel prices and decreases in passenger loads primarily caused by recession-like conditions in both the US and Europe, the aviation industry is facing its biggest challenge yet.
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Leading low-cost airlines with a preference for small, inexpensive airports are now the largest airlines in the United States and Europe, according to an MIT expert on airport design and operations, who said that airport planners in major metropolitan areas need to accept this paradigm shift and build flexibility into airport design.
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Reporting the interim results for the six months to 31 March 2008 easyJet says total revenue is up 24% to £892.2 million with underlying pre tax margin in line with expectations, however the growing gas prices and fuel cost impacts the revenue margin.
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The Premium Class New York-London carrier EOS Airlines is forced to shot down flight operations, but the planned investment does not close.
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Both Delta Airlines and Northwest posted significant losses due to a sharp increase in fuel costs. $6.1 billion of Delta's total loss of $6.39 billion was due to a non-cash charge related to accounting for its exit from Chapter 11.
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After admiting to price fixing on cargo services between Japan and the United States, Japan Airlines (JAL) has been fined US$110 million by the United States Department of Justice.
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Delta and NorthWest Air Lines announced today that they are merging to create the world's largest airlines, which will be called Delta Air Lines and will help offset record oil prices, creating stronger global airline to compete in Open Skies. Delta pilot leadership also reached an agreement on post-merger contract.
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