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Oil prices have fallen below US$67 per barrel for the first time in 15 months, sending US airline shares sharply higher, despite the first quarterly loss in 17 years for Southwest Airlines.
A new study prepared by the Business Travel Coalition (BTC) has revealed that the skyrocketing price of aviation fuel will have devastating implications far beyond new surcharges for checked bags and
HONOLULU (eTN) – Following last week’s announcement it had sought o4 bankruptcy protection, Aloha Airlines yesterday said it has received approval from US Bankruptcy Court on March 21 and that the Hawaii-based airline will “continue operating as usual.”