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david's blog

Bizjet Market Momentum Continues Positive Trend

By: Chad Trautvetter

December 8, 2009
Business Aviation

 

UBS Investment Research’s latest monthly business jet market report, released yesterday, shows that business condition indicators have stabilized and in some cases are moving higher. Its November business jet market index came in at 45, some 5 percent higher than UBS’s prior survey and the seventh straight move higher.

Airlines Pay for Stranding Passengers

the New Yotk Times

Published: Wednesday, 25 Nov 2009 | 12:09 PM ET

By: Matthew L. Wald

The New York Times

 

The Transportation Department imposed its first penalties for runway delays Tuesday, collecting $175,000 from three airlines for leaving 47 passengers of a regional jet stranded overnight in Rochester, Minn.

US Airways, United face FAA fines for safety violations

October 14th 2009

 

 US Airways says the problems are in the past. United notes it self-reported its problem.(CNN) -- The Federal Aviation Administration on Wednesday proposed fines against two of the nation's largest airlines, saying the airlines flew planes on hundreds of occasions in violation of FAA or airline safety standards.

US Airways Cutting 1,000 Jobs, Reducing Flying

Published: Wednesday, 28 Oct 2009 | 3:32 PM ET

By: AP

 

Struggling US Airways said on Wednesday it will cut some 1,000 jobs next year, shift nearly all of its flying to its three hubs and Washington, and suspend several international routes.

US Airways planesIt's a major retrenchment, and Chairman and CEO Doug Parker said he hopes it gets the airline making money again.