Topic: Airlines
Airlines adding up losses from February storms
AP Features
Airlines adding up losses from February storms; analyst says it could be $100 millionThe snow from last month's storms along the East Coast has melted in most places, but not where it matters most for airlines — their financial ledgers. US Airways and Continental Airlines say the storms cost them ...
Runway Repair Ripple Effect
AP Features
US Airways says storms cost $30M in lost sales
AP Features
US Airways says back-to-back East Coast snow storms cost it $30M in lost sales in FebruaryUS Airways Group Inc. said Wednesday that severe winter storms on the East Coast in February cost it $30 million in lost sales as the carrier had to cancel thousands of flights and suspend operations ...
Air India risks turbulence as it seeks to cut costs
AFP South Asian Edition
State-run carrier Air India is set for dramatic cost-cutting in the months ahead as part of a government bailout that will test the willingness of workers to accept painful restructuring. Last month, the Indian government approved an injection of 173 million dollars for the ailing company and Civil Aviation Minister ...
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