Airline industry woes in Europe

Greece said on Wednesday it would close Olympic Airlines and relaunch it as a private company, ending years of wrangling with Brussels over the loss-making state airline.

Global airline woes hit the Asia-Pacific

NEW International Air Transport Association figures suggest the malaise affecting the US airline industry may be spreading to the Asia-Pacific.

IATA's March traffic figures show that global traffic growth in March was down to below 4 per cent when adjusted for the early Easter break, with passenger loads down 1.7 percentage points on ... read more

Major airline woes are impacting regional carriers

As the industry's executives gather this week at the Regional Airline Assn.'s annual conference in Indianapolis, they - and some of the small communities they serve - have plenty to worry about.

Airline woes and predatory price fixing for all

Don't be fooled.

The bankruptcies, mergers and consolidations among the major airlines are going to cost passengers more money and make travel even more of a nightmare than it already is.

It's Economics 101: Less competition means higher prices, decreased customer service, crowded flights, and serious disruptions in the event of ... read more