BUSINESS
By Liz F. Kay | liz.kay@baltsun.com | April 11, 2010
M any airline passengers have grown accustomed to sacrificing amenities and even comfort in their quest for cheaper fares. But new rules that take effect at the end of April would draw a line in the sand - or tarmac - by requiring that travelers have access to food, water and working bathrooms during extended delays before takeoff. The enhanced airline passenger protections adopted by the U.S. Department of Transportation also require carriers to develop contingency plans to avoid leaving passengers on the runway for more than three hours and that airlines publish historical data about flight delays on their Web sites.
BUSINESS
September 17, 1990
Two airlines, blaming rising fuel prices resulting from the Persian Gulf crisis, are increasing air fares effective Oct. 1.USAir, the biggest carrier operating at Baltimore-Washington International Airport, said it would boost domestic fares by 4.2 percent.Delta Airlines said it would raise its fares by the same amount. The Atlanta-based airline raised its fares 5.3 percent on Aug. 30.Pan Am is increasing its fares 4.4 percent effective tomorrow.Most airlines raised their fare prices shortly after Iraq invaded Kuwait on Aug. 2, sending oil prices upward.
BUSINESS
By Meredith Cohn and Meredith Cohn,sun reporter | September 27, 2005
US Airways could emerge from U.S. Bankruptcy Court protection as early as today and merge with the smaller, low-cost airline America West to create the nation's fifth-largest airline, according to the companies. Both airlines received approvals from their shareholders and the bankruptcy court last week, clearing the way for the move. U.S. Airways entered the court system in September 2004. The airlines expect to maintain two companies for the short term, with reservation systems that will "code share," or book passengers on both airlines.
BUSINESS
By Andrew Leckey and Andrew Leckey,Tribune Media | December 10, 1991
Fasten your safety belts: Investors in airline stocks have had a bumpy ride in 1991. These stocks were flying high following the end of hostilities in the Persian Gulf and a resulting decline in oil prices. But they later took a nosedive due to continued recession and dismal earnings results.Expect the turbulence to continue. These are definitely not investments for the faint of heart. Within this volatile industry, only the strong survive these days.American Airlines, United Airlines, Delta Air Lines and Southwest Airlines flex the most muscle in an extremely weak overall economic situation.
NEWS
By JEFFREY M. LANDAW | March 13, 1991
The Clipper flying boats, the first jet airliners -- and finally the nose of Flight 103 lying in a Scottish meadow. If Pan American World Airways finally disappears, that last image is the one we'll remember, and not without reason.One reason the airlines are hurting, as everyone seems to admit, is fear of terrorism. But the airlines, and their passengers, would have less to fear if they didn't handle safety the way General Motors handled Ralph Nader's charges against the Corvair: Denial, then a lot of words with very little action, then finally, perhaps, panic.
BUSINESS
By New York Times News Service | March 12, 1993
The debt of the nation's three largest airlines -- American, United and Delta -- was downgraded yesterday to junk-bond level, one of the lowest points in many years.While the downgrading to below-investment grade reflected the uncertain economic outlook for the carriers, industry executives and analysts doubted that it would have much effect on the companies, few of which will be borrowing large sums of money in the next several years."The biggest impact is that the pool of funds available for borrowing is much smaller and at higher rates," said Paul Karos, airline analyst for First Boston.