NEWS HEADLINES Friday, June 10, 2005

United Airlines Targeting Non-Labor Cuts While Moving Toward Exit Sign in Bankruptcy
Pillows and blankets will stay. More corporate and administrative costs will go. Airport operations will be redesigned to become more cost-efficient. Moving toward the exit sign in bankruptcy, United Airlines is looking for more non-labor savings after effectively completing work force-related cuts totaling a staggering $3.8 billion annually over the past two years. MORE

United Airlines reaches agreements with unions
June 2, 2005 -- United Airlines reached an agreement with its machinists union regarding a new contract, while its mechanics voted to ratify a separate pact. The two agreements would enable the company to achieve its targeted cuts in annual costs and avoid a possible strike by the unions. MORE

NWA Debt Downgraded; Union Says Airline Hired Replacements
June 2, 2005 -- Fitch Ratings downgraded Northwest Airlines debt on Wednesday, saying the nation's fourth-largest airline is taking too long to cut worker pay while fuel costs remain high. MORE

U.S. Will Enforce Machine-Readable Passport Requirement June 26
The U.S. Department of Homeland Security has announced that effective June 26 all Visa Waiver Program travelers will have to present a machine-readable passport (MRP) for visa-free entry into the United States, but it says the requirement will affect only about 0.35 percent of travelers currently entering the United States under the program. MORE

Tip of the Week
How to stay in a good hotel without busting your budget
TRAVEL WARNINGS
Haiti 5/26
Nigeria 5/20
Saudi Arabia 5/17
Bolivia 6/1
Uzbekistan 5/27
Burma 5/17
ARCHIVED NEWS
May 27
May 20
May 12
May 5

 
ALSO IN THE NEWS . . .

Airlines

Hotels

Car/Rail

Other Industry Related News

SUBSCRIBE TO OUR NEWS BULLETIN
Email:

AIR

United Airlines, CHASE Welcome Loyal Customers Onboard With New Rewards Credit Card
May 31, 2005 – United and Chase [NYSE: JPM] today added a new rewards card to their fleet – the United Mileage Plus® Platinum Class Visa® Signature card, giving travelers more mileage-earning capabilities and accelerated eligibility toward elite status. MORE

Cincinnati, Be Happy! Delta Starts Non-stop Flights to Montego Bay June 4
June 2, 2005 – Beginning June 4, sunny Jamaica will be a short trip away from “The Queen City” with the launch Delta’s first-ever non-stop service between Cincinnati and Montego Bay. MORE

Travelers in U.S. Southeast Now Have Non-stop Link to Moscow with New Delta Service from Atlanta
June 1, 2005 – Customers flying to Moscow now have another convenient gateway in Delta Air Lines’ hub at Hartsfield-Jackson Atlanta International Airport. MORE

Continental Airlines Inaugurates Daily Nonstop Service From New York to Stockholm, Sweden
Continental Airlines will begin daily nonstop flights from its New York-area hub at Newark Liberty International Airport to Stockholm, Sweden. MORE

Delta Reaches Agreements With Key Lenders
June 1, 2005 -- Delta Air Lines Inc. has reached revised financing agreements with two key lenders that give the nation's third largest carrier leeway to earn less but require it to have more cash on hand at all times. MORE

Star Alliance To Select Alt. Dist. Systems By Year-End
June 2, 2005 -- Following the lead of founding member United Airlines (BTN, Feb. 7), the 16-member Star Alliance actively is pursuing alternatives to the four primary global distribution systems and plans to choose partners before the end of this year. MORE

ATA seeks interim backing
June 2, 2005 -- ATA Airlines will look for a new cash infusion from investors to help carry it through the lean months expected before profits rise next spring.

Fitch Downgrades Northwest Airlines Debt
June 1, 2005 -- Fitch Ratings downgraded Northwest Airlines Corp. debt on Wednesday, saying the nation's fourth-largest airline is taking too long to cut worker pay while fuel costs remain high. MORE

Northwest Airlines Drops Magazines
June 1, 200 5 -- In yet another effort to cut its non-labor costs, Northwest Airlines Corp. stopped carrying Newsweek, Glamour and other magazines on its planes and in its passenger club lounges on Wednesday. MORE

Low-Cost Airlines Serving Eastern Europe
June 1, 2005 -- Slovakia - Queuing in front of the SkyEurope Airlines check-in desk, Maria Knisova tried quell the fear of her first flying experience by concentrating on the fact that she would soon see her son in Paris. MORE

Alaska Airlines Mileage Plan Members Can Earn 5,000 Miles With Capital One Auto Finance
June 1, 2005 -- Members of Alaska Airlines' Mileage Plan now can drive home a great deal by earning 5,000 Bonus Miles when receiving an auto loan from Capital One Auto Finance. Capital One, America's largest online vehicle lender, provides auto loans to customers directly via the Internet.

-- TOP --

CAR/RAIL

HOTELS

Panel Favors Signs, Taxing Car Rentals
A city committee voted to tax car rentals for money to promote tourism, and then agreed to spend more than $600,000 on entrance signs to greet the visitors when they come.

The Minot City Council's finance and improvements committee backed a proposal from the Minot Convention and Visitors Bureau to impose a 1 percent sales tax on short-term car rentals, beginning Aug. 1. The 2005 Legislature passed a bill allowing cities to levy up to a 1 percent car-rental tax to promote tourism. MORE

$75 Savings For New Yorkers on Long-Term Avis Rentals
May 31, 2005 -- Take the stress out of your summer travels by locking in a long-term Avis Mini-Lease and have a great car at your disposal for the entire summer. Now, New York / Tri-State area renters will receive even greater savings with $75 off long-term rentals of convertibles or roadsters for thirty days or longer. MORE

Car Renters Come Across Steeper Rates
Car-rental prices are rising, the result of growing demand from a rebound in travel and a tight supply of vehicles. MORE

Forget tech: Biz travelers want clean cars, cheap gas
Car rental companies are ramping up perks aimed at satisfying business travelers, equipping cars with GPS locator systems and satellite radio, and rental locations with wireless Internet access.

But those high-tech options aren't high on the priority list for most business travelers. MORE

June And July Hotel Rates To Jump In Key Cities
May 26, 2005 -- Hotel rates in seven U.S. gateway cities are projected to increase an average of 10.8 percent in June and 6.4 percent in July, compared to the same months in 2004, according to projections made today by JP Morgan Chase. The data is the latest evidence that buyers can expect stiff rate negotiations for 2006 in the markets where they are likely to have the greatest volume. MORE

Find a Way Around Paying a Fortune for Holiday Weekend Hotels
June 1, 2005 -- If you aren't planning on staying with friends or family over Independence or Labor Day weekends, you'll be faced with finding accommodations during peak travel times. While holidays are known for high hotel prices and increased tourism, we've found ways to save. MORE

Marriott Sees Healthy RevPAR, Expansion Through 2008
June 2, 2005 -- Marriott International plans to tell analysts and investors at a conference today in Miami Beach that it expects revenue per available room to grow between 8 percent and 10 percent this year. Marriott said the momentum would wane slightly but keep an upward pace between next year and 2008, a time during which the chain estimates RevPAR will grow at rates between 4 percent and 8 percent. MORE

Hotel business bouncing back
June 2, 2005 -- This year, business travelers are waking up in a new hotel market, Gannett News Service reports. After several years of flat or falling rates and depressed occupancy rates, hotels have been boosting rates and selling out. MORE

-- TOP --

OTHER INDUSTRY RELATED NEWS & ARTICLES

IATA DG Bisignani blasts governments at AGM
June 1, 2005 -- IATA DG and CEO Giovanni Bisignani continued to hammer the message that governments need to stop treating the airline industry as a cash cow.Speaking at the 61st IATA AGM in Tokyo Monday, Bisignani claimed that "in the US, taxes on a $200 ticket average 26%. This is a $15 billion ripoff." On top of this, he said, the industry "pays $5.6 billion a year for its own security, while our rail competitors are subsidized by $50 billion a year." MORE

FAA Prepares for Airlines’ Busy Summer Strategy
U.S. airlines plan to fly planes full this summer and wait out delays caused by weather and congestion rather than cancel flights. MORE

Investors See Gold in Tarnished Airline Industry
June 2, 2005 -- Maybe Ed Shapiro is crazy for investing more money in the troubled, money-losing airline industry. But the partner with Boston equity fund PAR Capital Management has "great confidence" in the $100 million he devoted to the merger of US Airways and America West Airlines. MORE

Canada Unhappy With US Passenger List Proposal
June 2, 2005 -- Canada is "very worried" by a US proposal that its airlines provide passenger lists for planes flying through American airspace rather than actually landing in the United States, Transport Minister Jean Lapierre said. MORE

EU Commission Opposes Airline Tax
June 1, 2005 -- The European Commission opposes a voluntary tax on air travel to fund extra development aid for Africa and will defy a request by EU finance ministers to make such a proposal, a Commission source said on Wednesday. MORE

 

Costs, Delays Harm Air Traffic Upgrade
June 1, 2005 -- Sharp cost increases and delays in implementation are harming efforts to modernize the U.S. air traffic control system, the Department of Transportation's Office of Inspector General (IG) said in a report released Tuesday. MORE

Customs Agent Advises Travelers to be Prepared
May 24, 2005 -- Thousands of passengers are expected to travel through Phoenix Sky Harbor International Airport this summer, headed to and from a variety of international destinations. MORE

Dollar Reclaims More Ground Against Euro
June 1, 2005 -- The dollar rose to the highest level in more than eight months against the euro Wednesday as concern about political instability and weak economic growth in Europe weighed on the multi-country currency. MORE

Boeing Signs China Supply Contracts
June 2, 2005 -- US aircraft manufacturer Boeing said on Thursday it had signed contracts worth an estimated USD$600 million with Chinese companies to supply parts until 2021. MORE

US to test airline anti-missile defense system
May 29, 2005 -- The US Department of Homeland Security is paying for tests on defensive laser systems designed to thwart attacks from shoulder-fired missiles on passenger airliners, the New York Times reported Sunday. MORE

U.S. Considering Wireless Passport Protection
The U.S. government is 'taking a very serious look' at improving privacy protection for the new wireless-readable passports, according to an official quoted in a great article by Kim Zetter at Wired News. MORE

-- TOP --