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Kingfisher Airlines stock drops below face value

NEW DELHI, India - Kingfisher Airlines Ltd dropped nearly 4 percent in trade to a fresh low on Monday after the airline faced a fresh setback on Saturday when its pilots -- who have not received salar

Southwest Airlines acquires AirTran

DALLAS - Southwest Airlines announced today that it has entered into a definitive agreement to acquire all of the outstanding common stock of AirTran Holdings, Inc., the parent company of AirTran Airw

United to list on NYSE under ticker symbol UAL

HOUSTON and CHICAGO - UAL Corporation, the holding company whose primary subsidiary is United Airlines, and Continental Airlines today announced that following the closing of the merger of a wholly-ow

UBS: Brazilian airline GOL concluded financial turnaround plan

SAO PAULO - UBS initiated its coverage of shares of Brazilian airline GOL Linhas Aereas Inteligentes with a buy recommendation, it said Tuesday in a research report for its clients.

Amadeus to make initial public stock offer to pay debts

At least 25 percent of Amadeus will be publicly traded when the company makes its initial public offering (IPO) of stocks in an attempt to raise US$1.23 billion so it can pay down its debt.

ARC implements new procedure for unused ticket stock

Beginning April 12, travel agents will no longer need to return unused ticket stock to ARC, saving on the expense of shipping for returns.

TRX falls short in complying with stock listing rule

The NASDAQ Stock Market has notified TRX that it is no longer in compliance with a listing rule that requires the company to maintain a minimum of US$2.5 million in stockholders' equity.

JAL stock tanks on report it may not sell assets

Japan Airlines Corp., seeking its fourth state bailout since 2001, fell to the lowest in seven years in Tokyo trading after Kyodo News said the carrier may drop a plan to sell a stake in JALways Co.

BA could be forced to tap the market for 500 million...

LONDON - British Airways Plc has secured shareholder backing for a possible rights issue of new stock, according to a report in the Observer newspaper on Sunday.

Millions in stock to be repurchased by airline board

A plan to repurchase $50 million worth of Alaska Air Group stock was approved by the airline holding group’s board, the company announced Friday.

China Eastern Airlines stock suspended in Shanghai

China Eastern Airlines Corp.

ExpressJet reports results of vote at special meeting

HOUSTON, TX - ExpressJet Holdings, Inc. announced today that its stockholders approved a 1:10 reverse stock split of its common stock.

Lufthansa buys stake in Belgian airline

BRUSSELS: Deutsche Lufthansa, the second-largest European airline, agreed to buy 45 percent of SN Brussels Airlines for €65 million as the pace of consolidation in the industry accelerates.

US Airways executives receive millions in stock

WASHINGTON, DC (August 20, 2008) - Flight attendants at US Airways, represented by the Association of Flight Attendants-CWA (AFA-CWA), are outraged over the announcement that seven of the airline's to