DEC
05
Govt asks airlines to come clean on tax component
From Economic Times
We have hence asked the airlines to clarify how much tax they are collecting on behalf of the government and whether the amount shown under the heading of tax is being deposited with the government," an official in the ministry of civil aviation told ET. Due to the airline's tactical way of clubbing the fuel surcharge under the head of tax, passengers don't ask for a refund of fuel surcharge, assuming it goes to the government exchequer. "We mention fuel surcharge, tax and congestion...
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Airlines
DEC
05
Frontier Airlines Reports Record Preliminary Traffic for November 2007
From CNNMoney.com
This resulted in a load factor for November 2007 of 78.1 percent, an increase of 5.3 points from November 2006, when the airline reported a load factor of 72.8 percent. For the month of November 2007, the airline's average length of haul increased 3.7 percent to 948 miles as compared to the same period last year. "In contrast to encouraging year over year unit revenue improvements for November and October, the cost of jet fuel has climbed 18 percent since October when we last provided an...
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Airlines
DEC
05
Frontier Cutting Jobs, Slowing Growth
From Motley Fool
Frontier Airlines said Wednesday it is cutting about 100 jobs amid jet fuel costs that have risen 18 percent since October. The carrier plans to reduce mainline year-over-year growth in available seat miles through the first three months of 2008 from 13.7 percent to 8.6 percent, Menke said. "In contrast to encouraging year-over-year unit revenue improvements for November and October, the cost of jet fuel has climbed 18 percent since October when we last provided an earnings estimate for the...
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Airlines
DEC
05
westjet passenger traffic up 18.3% in November
From Toronto Star
WestJet (TSX: WJA ) says its passenger traffic in November was up 18.3 per cent as the airline increased the number of seats filled during the seasonally slow month. Those two airlines, both part of the ACE Aviation group of companies (TSX: ACE.B ), saw their combined load factor slip to 75.7 per cent, down from 76.6 per cent in November 2006 but still a very healthy number by historical standards. WestJet said its load factor was 75.6 per cent, a record for the airline in a seasonally slow...
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Posted Under:
Airlines
DEC
05
Continental Airlines trials paperless boarding pass using mobile ...
From www.intomobile.com
But, before that can happen, airline carriers will have to make sure that all those digital boarding passes won't muck-up their daily operations. So, following on the IATA's approval of a global digital barcode standard, Continental Airlines has kicked off trials of the US's first cellphone-based digital boarding passes.
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Posted Under:
Airlines