Airlines to See 78 Percent Profit Drop This Year: IATA
The International Air Transport Association on Monday further downgraded its 2011 airline industry profit forecast to $4 billion, which would represent a 78 percent drop compared to last year.
Touch N’ Go: Airbus Files Patent For Flying Doughnuts, Airlines Budget for Satellite Capacity
(Touch N’ Go is updated throughout the day with our favorite AvGeek news, pictures, videos, tweets & more.) AvStories: ✈ New planning tool helps airlines budget for satellite capacity. [RunwayGirl Network] ✈�...
Singapore Airlines to Pay U.S. Government $48 Million Fine for Cargo Price Fixing
Singapore Airlines Cargo on Thursday pleaded guilty and agreed to pay a $48 million criminal fine for its role in a conspiracy to fix prices in the air transportation industry, the U.S. Justice Department said.
President Obama Honors Sailors, Soldiers and Airmen Killed in Afghanistan Helicopter Crash
President Barack Obama traveled to Dover Air Force Base in Delaware on Tuesday to honor the 30 U.S. troops who were killed in a helicopter crash in Afghanistan on Saturday.
160 Photos of Lufthansa’s First Boeing 747-8 Intercontinental
Formally delivered late last week, the first Boeing 747-8 Intercontinental actually flew home to Frankfurt with its Lufthansa owners on Tuesday.