USAir/AA merger? Airlines set to raise prices, smart vending machines in Japan
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bankruptcy
This weekend we take a look at the art of the often-taken-for-granted airline safety card, ask why AA decided to go bankrupt with billions of dollars in the bank and read about the E.U. decision to ban x-ray backscatter whole-body scanners.
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Twitter reactions to AA Chapter 11 filing, site for discount outerspace travel launched, government aircraft ops lack oversight
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In response to customer questions about the filing for bankruptcy protection by American Airlines, the airline has published this series of Frequent Asked Questions. Basically, from a customer’s point of view, nothing changes.
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American Airlines, the only major airline that did not submit to Chapter 11 bankruptcy over the past decade, seems to be on the bankruptcy ropes. Its stock plummeted 33 percent yesterday as rumors were flying across Wall Street. Will it go into Chapter 11 protection in order to bring its costs down like its competitors?
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TSA blew it by letting box cutters pass, Sayonara 747 from Japan Airlines, Mesa Air out of bankruptcy
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In a press release announcing the filing, headlined “Business Will Continue Unaffected”, Mesa claimed that, “Customers can be assured that tickets will continue to be sold and honored, all terms and conditions governing tickets purchased remain the same, and our frequent flyer program remains intact.” That’s a lie.
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If I were a bettin’ man, I’d put some money on a big airline filing for bankruptcy protection in the not-too-distant future.
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Bankruptcies are still a fact of life in the airline industry. With global airlines reportedly losing $2 billion this past year, more bankruptcies are expected. Airline analysts are still predicting “consolidation” in the U.S. airline industry. The latest airline to be grounded is SkyEurope, which has been flying from Bratislava and Prague since 2002.
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Despite the fact that airlines are losing money, they still need planes to ferry passengers from point A to point B.
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