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Airline news: Baltia anticipates Q2 launch

NEW YORK - Baltia Air Lines' President, Igor Dmitrowsky, stated today, "Significant progress has been made in the FAA Air Carrier Certification document process and that Baltia is anticipating a secon

Irish airline Aer Lingus swings to profit in Q2

DUBLIN - Irish airline Aer Lingus swung to profit in the second quarter after cost cuts more than offset the revenue hit from a volcanic ash cloud, and vowed to defend its independence by cutting cost

ExpressJet reports $5M loss

ExpressJet Holdings, Inc., parent company of regional and charter airline operator, ExpressJet Airlines reported a second quarter loss of $5 million or $0.27 per diluted share excluding special items

Aviation news: American Airlines still on a losing streak

DALLAS — American Airlines is losing less money these days, but it's still on a losing streak that's approaching two years.

Continental Airlines announces second quarter loss

HOUSTON, Texas - Continental Airlines today reported a second quarter 2008 net loss of $3 million ($0.03 diluted loss per share).

AMR Corp. parent company of American Airlines reports 2008 second quarter...

FORT WORTH, Texas - AMR Corporation, the parent company of American Airlines, Inc., today reported a net loss of $1.4 billion for the second quarter of 2008 or $5.77 per share.