Latest News

Air Canada has smooth flight Air Canada has smooth flight

July 29, 2010
The Financial Post

They went looking for $900-million of high-yield debt and ended up with $1.1-billion on more attractive terms than their previous $700-million credit facility.

Southwest Reports $112 Million 2Q Profit Southwest Reports $112 Million 2Q Profit

July 29, 2010
THE New York Times

DALLAS (AP) -- Southwest Airlines Co. added an upbeat note to a strong quarter for the airline industry by reporting a $112 million profit for spring and early summer.

Woman Flying Standby Booted From Southwest Flight Woman Flying Standby Booted From Southwest Flight

july 29, 2010
Aero-News.Net

A woman flying standby on Southwest Airlines reportedly was asked to leave her seat to make room for an overweight teenager who needed two.

Korean Air launches non-stop service from Calgary to Seoul Korean Air launches non-stop service from Calgary to Seoul

July 27, 2010
Montreal Gazette

Korean Air made history in Calgary Tuesday, launching the first non-stop flight between Asia and the city by a foreign carrier in the history of the international airport.

Boeing profits slump by a fifth as deliveries fall Boeing profits slump by a fifth as deliveries fall

July 29, 2010
BBC News

Aircraft giant Boeing has reported a sharp drop in profits between April and June amid falling plane deliveries.

Lufthansa hurt by ash and pilots' strike Lufthansa hurt by ash and pilots' strike

July 26, 2010
BBC News

The owner of Europe's biggest airline, Lufthansa, has reported a net loss for the first half of the year after disruption from the volcanic ash cloud and from a pilots' strike.

Weather blamed for air disaster Weather blamed for air disaster

July 29, 2010
The Vancouver Sun

ISLAMABAD, Pakistan -- Rain and heavy fog are the most likely culprits as investigators look for the cause of Pakistan's worst-ever airline crash, which killed 152 people on Wednesday.

Pilot Fatigue/Sleep Monitoring Program Largely Ignored by FAA Pilot Fatigue/Sleep Monitoring Program Largely Ignored by FAA

July 19, 2010
www.tailsp.in

With more than 250 air crashes in the last 15 years linked to pilot fatigue or sleep deprivation issues, it seems our own Federal Aviation Agency (FAA) as well as the National Transportation Safety Board (NTSB) have been asleep in their administrative duties.

Air Canada note sale shows risk appetite is back: Canada credit Air Canada note sale shows risk appetite is back: Canada credit

July 28, 2010
The Financial Post

Air Canada, the country's largest airline, benefited from a return of appetite for high-yield debt as it sold $1.09 billion of notes denominated in U.S. and Canadian currency.

No survivors in jet crash near Pakistani capital No survivors in jet crash near Pakistani capital

July 28, 2010
The Globe and Mail

Islamabad - A passenger jet crashed into the hills surrounding Pakistan's capital amid poor weather Wednesday, killing all 152 people on board and blazing a path of devastation...

US Airways asks judge to resolve pilots' fight US Airways asks judge to resolve pilots' fight

July 27, 2010
The Arizona Republic

US Airways has jumped off the sidelines in the seniority battle between its pilots to try to speed glacially slow contract talks.