Airline News Wrapup
April 15, 2008. Whether you fly to luxury vacation rentals, high-powered business meetings, or both, you probably have noticed with some concern the recent airline news stories. Here's a quick wrapup:
American Airlines Woes Continue
After being grounded last week and forced to catch up on delayed maintenance, the airline now faces criticism from pilots and stockholders. The beleagured airline is expected to announce $300 million losses for the first quarter, right before executives receive their massive April bonuses. Hopefully, the Texas -based carrier arrives on time in the Lone Star State.
Delta and NW Move Closer to Merger
What do you get when you cross America's third largest carrier (Delta) with its sixth largest carrier (Northwest)? The world's largest airline. Atlanta must be salivating; this will be the biggest thing to hit Georgia since the Olympics. Now, if they can just clear the regulatory hurdles.
Other Airlines Watch the Headlines
Pundits like Blake Fleetwood at the Huffington Post speculate that American may have been made an example of, and other airlines will match their newfound adoration for safety with a longing for mergers. And if the airline industry is hitting rock bottom, like the housing market, things are bound to be looking up, according to the Philly Road Warrior.
