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Delta Air Lines Inc. (NYSE:DAL) and Australia's Virgin Blue Airlines Group received a three-year approval from the Australian Competition and Consumer Commission for a joint venture where they will coordinate operations between the U.S. and Australia, including on pricing, revenue management, schedules, capacity and routes flown.ACCC chairman Graeme Samuel said...
Posted on November 2, 2009 12:23 PM
Delta Air Lines Inc. (NYSE:DAL) and the Virgin Blue Airlines Group are seeking approval for a joint venture that will lower their costs to operate U.S. to Australia routes. The companies hope to pool revenue, collaborate to plan routes and introduce new products, and even to use one another's planes....
Posted on July 9, 2009 3:29 PM
Word that UAL Corp.'s (NASDAQ:UAUA) United Airlines Inc. is shopping for up to 150 new aircraft is good news for both plane manufacturers and for fans of a once-proud airline that has taken it on the chin in recent years.United, which until only a few years ago was the nation's...
Posted on June 4, 2009 3:34 PM
We normally limit our movers and shakers announcements to new appointments in corporate development. But with bankrupt-inducing fuel costs and industry-wide consolidation causing upheaval in the airline industry, Kathryn Mikelis' appointment as senior vice president and chief financial officer for UAL Corp., the parent of United Airlines, seemed worth a...
Posted on August 15, 2008 4:35 PM
Less than two months after rejecting a marriage proposal from United Airlines Inc., Continental Airlines Inc. on Thursday decided it still wants to be friends. Houston-based Continental and United on Thursday announced plans for forming a comprehensive codesharing alliance, linking their networks and (hopefully) creating seamless connections for passengers of...
Posted on June 19, 2008 3:47 PM
Despite labor, finance and antitrust hurdles, a deal between US Airways Group Inc. and United Airlines may come within 10 days, according to a WSJ report. Citing people familiar with the situation, though, the article reports the two carriers haven't worked out all the deal terms, including who would...
Posted on May 5, 2008 1:53 PM
In a letter to employees, US Airways Group Inc. CEO Doug Parker said, "We can't ignore what's happening in the world around us," referring to record high oil prices and a possible recession. He also said that if Delta Air Lines Inc. and Northwest Airlines Corp. combine as planned,...
Posted on April 18, 2008 8:31 AM
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