ATW Daily News
Air Canada posts C$288 million loss on fuel costs, cargo probe charges
Friday May 9, 2008Air Canada reported a first-quarter net loss of C$288 million ($287 million), a substantial increase over a C$34 million loss in the year-ago period, blaming high fuel costs and charges associated with ongoing inquiries into potential antitrust violations in its cargo division. [ more ]
Copa still going strong despite tough first quarter
Friday May 9, 2008Healthy loads and yields helped Copa Airlines and AeroRepublica parent Copa Holdings mitigate the impact of rising fuel costs in the first quarter, when it suffered a relatively mild 18.7% decline in net income to $39.5 million from $48.6 million in the year-ago period. [ more ]
Spring Airlines plans to order 30 A320s
Friday May 9, 2008Shanghai-based Spring Airlines plans to order 30 A320s and expand its fleet to 100 aircraft by 2015, according to Chairman Wang Zhenghua. [ more ]
Delta, Northwest continue merger push; pilot groups set to meet
Friday May 9, 2008Delta Air Lines and Northwest Airlines executives continued to push the merits of their proposed merger this week, assuring both federal and state legislators that no "frontline" workers will be cut, while the two carriers' pilot groups plan to meet next week. [ more ]
Today's Other Headlines
Friday May 9, 2008
Atlas Air swings to first-quarter loss
United names Tague COO, McDonald moves to chief administrative officer post
Bombardier boosts 20-year forecast
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ATWOnline In-Depth
Security regulations gone wild: US's bizarre requirement to 'rescreen' Canadian bags
It's an overlooked issue that gets little attention, but one that demonstrates how excessive regulatory requirements can cause tremendous hassles for airlines, airports and passengers: Why does a checked bag screened in Vancouver or Toronto have to be rescreened before being placed aboard a connecting flight in Minneapolis or Chicago? MORE
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