In latest airline earnings, only JetBlue is profitable

by Jon Surmacz on April 22, 2005

In latest airline earnings, only JetBlue is profitable — Delta Air Lines and Northwest Airlines both reported steep first-quarter losses yesterday, while the low-fare JetBlue Airways bucked the industry trend and posted a modest profit. But even JetBlue was not insulated from the high fuel prices that have dragged down airline profits this year. JetBlue earned only $7 million in the quarter, less than half the profit it made during the same period last year.

Cruise ship collides with pier in Mexico — A Royal Caribbean International cruise ship based in New Orleans crashed into a pier in Costa Maya, Mexico, on Wednesday while docking in windy conditions, cutting a 42-foot gash in the side of the ship. No one was injured in the incident, Royal Caribbean said, but the 2,030 guests and 740 crew onboard the Grandeur of the Seas are stranded in Mexico while the Miami company assesses the damage.

United CEO: lift foreign ownership rules — The U.S. government should ease rules regarding the foreign ownership of U.S. airlines and encourage the continued consolidation of the industry, United Airlines’ chief executive said Thursday. Glenn Tilton said during a speaking appearance in Chicago that “inconsistent” regulation has stunted U.S. airlines’ competitiveness on a global scale.

Winter weather disrupts western travel again — A powerful storm system is leaving its mark in the West, with snow in Wyoming, hail in Colorado and strong winds on tap for the Plains states. Some 15 inches of snow fell in portions of Wyoming, closing a 45-mile stretch of Interstate 80, the state’s main east-west highway, for four hours.

Are bedbugs making a comeback at hotels? — John Schulz, Marriott International’s director of quality control, had something to discuss last November at one of the hotel industry’s biggest conventions – something that really makes people squirm. At the International Hotel/Motel and Restaurant trade show in New York, Schulz spoke at a symposium called “Stop the Spread of Bedbugs.” The pamphlet advertising the event, printed by pest-control company Ecolab, promised a discussion of “the reasons behind the resurgence of these unwelcome pests.”

Don’t like your hotel? Tell the world — Christie Aden’s room at The Westin Seattle didn’t live up to the standards she’s come to expect from the hotel chain, so she decided to share her impressions with a few million fellow travelers. “While the Heavenly bed was great (as usual) the rest of the room (carpets, furniture, even closet doors) were worn and tired,” she wrote in a review posted on fodors.com.

Contributing: Charles Leocha, John Frenaye

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