By JANE ENGLE Los Angeles Times Christmas in August? OK, it’s too early to string lights, decorate the tree and bake fruitcake. But it’s not too soon to buy holiday air tickets — or at least start shopping for them. That’s because, with record fuel costs and the biggest cuts in flight schedules in seven […]
Amid tumbling oil prices and flagging demand, some routes have been discounted 50%. By Peter Pae, Los Angeles Times Staff Writer August 16, 2008 Air travelers suffering from summer sticker shock might find some relief this fall. With demand for air travel falling faster than Olympic swimming records, some carriers are slashing autumn fares to […]
As rising fuel prices put pressure on airlines, a new report has expressed concern at the financial security offered to passengers. By Oliver Smith- Telegraph The aviation industry is failing to provide passengers with adequate protection if airlines fail, according to a report by the Air Travel Insolvency Advisory Committee (ATIPAC). ATIPAC, which advises the […]
Warning of bankruptcies in ‘worst-ever’ trading David Robertson, Rachel Sylvester and Alice Thomson Airlines across Europe face their biggest crisis this winter as the high price of fuel threatens to bankrupt at least 50 carriers. Weaker carriers will not survive the postsummer holiday crunch, aviation analysts say, as passenger demand falls because of higher fares […]
Michael O’Leary and Ryanair have done more to widen European horizons than Jacques Delors and the EU. But dirt-cheap air travel is not sustainable The era of dirt-cheap air travel is almost certainly over. But the surge in oil prices does not necessarily mean the end of cheap-ish flying. Michael O’Leary, the boss of Ryanair, […]
BERLIN (AFP) — Workers at German national airline Lufthansa began an indefinite strike Monday at the height of the holiday season to press for higher pay, in the latest walkout to hit Europe’s biggest economy. About 5,000 maintenance, freight and catering staff stopped work from midnight (2200 GMT Sunday) after members of the Verdi service […]
Lufthansa strike could see Olympians stranded Published: 26 Jul 08 15:04 CET Online: http://www.thelocal.de/13309/ A general strike by Lufthansa’s staff could have repercussions for Germany’s Olympic team flying to Beijing, but the air carrier says it will do all it can to get German athletes to China. Lufthansa braces for massive strike on Monday (25 […]