JP Morgan took a bold step and upgraded a number of airlines today, including US Airways, based on lower fuel expenses and better liquidity. I’d like to call out JP Morgan for the stand that they’re taking now that US Airways has moved from $1.75 a share to $9.50. I’m not sure why they hated [...]
Read the Rest of the Story: JP Morgan Upgrades US Airways - After a 400% Stock JumpPssst….wanna buy whatever the hell is left of MAXjet? Well, it looks like you can: the airline announced that its sale to NCA Sports (a charter company) has fallen through. No idea what you’ll get if you buy it, but I’m sure it’ll be a bargain.
Read the Rest of the Story: MAXjet Sale to NCA Sports Will Not HappenRyanair is taking a rather harsh stand against so-called Screenscraping Sites that search its site for fares. The airline now says that it will cancel the tickets of anyone who books through a third-party site that screenscrapes. As it would be rather difficult for you (the traveler) to know how a third-party site is accessing [...]
Read the Rest of the Story: Ryanair: If You Buy from a 3rd Party Site, We May Cancel Your TicketIn yet another sign that the end may be near for Midwest, Northwest Airlines wrote off its $213 million investment in the carrier - a move that suggests Midwest actually may be worthless at this point. MIdwest also just announced declines in passenger traffic for July, a month when most airlines are seeing strong growth. [...]
Read the Rest of the Story: Northwest Writes Off Midwest InvestmentWell, that was just to get your attention - it was actually his press plane trailing his plane to Africa that was delayed. The Washington Post has a mildly amusing story about the press traveling with Clinton for a 4-day whirlwind trip through Africa and the delays suffered by all. Short version? 55 hour delay [...]
Read the Rest of the Story: Bill Clinton’s 55 Hour Flight DelayUSA Today once again published the list of the 25 most delayed flights, and (quite impressively) two flights were delayed every single day. Well done. American’s flight 1639 from JFK to San Juan was delayed 100% of the time at an average of 2 hours and 8 minutes (bueno!) and Comair 5292 from Minneapolis to [...]
Read the Rest of the Story: 2 Flights Always Late in JuneA follow up on one of my favorite stories from 2005:
You may remember that preacher Joel Osteen’s wife was involved in some sort of altercation with a Continental flight attendant prior to takeoff on a flight from Houston to Vail. Mrs. Osteen found liquid on her first class seat, asked the flight attendant to clean [...]
Allegiant reported a 95% load factor in July (ie, it filled 95% of its available seats), a number that is absolutely unheard of. I’m going to keep harassing you with Allegiant minutia until they get the respect they deserve.
(As always, for full disclosure, I own a small number of shares in the carrier).
An executive for Malaysia’s Air Asia X told a conference that if fuel were to hit $200/barrel, the airline would consider charging passengers by how much they weigh. He later clarified the remark, saying that even though the airline may actually start weighing passengers to calculate aircraft weight, it would be “difficult to implement” a [...]
Read the Rest of the Story: Air Asia X Exec Says Airline Is Considering Charging by Passenger WeightAs you’ll no doubt see elsewhere, Delta will begin offering in-flight wi-fi on its MD-80s later this year, with their entire domestic fleet outfitted by mid-2009. The service will cost $9.95 for flights under 3 hours and $12.95 on flights longer than 3-hours - not terrible when you think about it. Also on the plus [...]
Read the Rest of the Story: Delta to Offer In-Flight Wi-Fi This Year