Comment on Southwest Airlines Responds To Preliminary Findings of ... From www.blogsouthwest.com The following statement was just issued regarding our preliminary investigations into allegations that Southwest Airlines violated FAA regulations in March 2007. DALLASMarch 11, 2008Southwest Airlines CEO Gary Kelly said today the airline is taking action on preliminary findings of its own internal investigation into allegations that it violated FAA regulations in March 2007.

Read more...

Posted Under: Airlines

Southwest Airlines troubles - Stock Review From thepennysaved.com Southwest Airlines (NYSE:LUV) is an airline which immediately makes red flags go up like its Chinese new year. Southwest does things that allow it to be be one of the best values in low cost airline travel. 3) Low fare sales They lead ALL airlines in low fair sales. 4) Fuel Price Hedging They were one of the first airlines to realize years ago that oil prices (And thus jet fuel) would go up substantially so they starting hedging accordingly. Even after all this trouble with inspections and...

Read more...

Posted Under: Airlines

Continental Airlines faces manslaughter charges over Paris ... From Times Online Continental Airlines, the American carrier, must stand trial on manslaughter charges over its alleged role in the crash of the Air France Concorde thatkilled 113 people in 2000, a French prosecutor has decided. A similar charge should also be brought against a French engineer involved in the development of the supersonic jet, the former head of France's civil aviation authority and two Continental Airlines staff, he said. The strip, which was identified as a tail component of a Continental...

Read more...

Posted Under: Airlines

Analysts: High Oil Prices Threaten Airlines' Profits From FOXBusiness NEW YORK -- As oil prices rose to new record levels, analysts said Wednesday that U.S. airlines will face dramatically higher fuel costs, threatening their profits and their credit ratings. JPMorgan (JPM) analyst Jamie Baker downgraded shares of seven airlines Wednesday, and Standard & Poor's Ratings Service said it will review its outlooks on 10 U.S. airlines. "The rapid increase in jet fuel prices will add substantially to airline costs at a time when a weakening U.S. economy will make it...

Read more...

Posted Under: Airlines

United Airlines reduces price for DIA-London flights From Bizjournals.com United, the largest airline serving Denver International Airport, announced in November it would offer non-stop flights between DIA and Heathrow beginning March 30. United will offer a daily nonstop flight between DIA and Heathrow that leaves Denver at 8:20 p.m. The flight time is eight hours and 55 minutes.

Read more...

Posted Under: Airlines