Category Archive: Featured

United Decides to Honor Computer Glitch Tickets – Wall St. Cheat Sheet

Earlier this week, United Continental NYSE:UAL experienced a computer glitch that allowed customers to mistakenly book cross-country flights for less than $10, leading onlookers, as well as those customers who were able to purchase ultra low-price tickets, to wonder whether United would end up honoring the bookings. But Bloomberg reports that United has now decided …

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Qantas Profit Up As International Losses Shrink – Airwise News

Australia’s Qantas Airways doubled its underlying annual profit as shrinking losses on its international arm offset tougher competition on its lucrative domestic routes. Qantas, which formed an alliance with Emirates this year in an effort to trim losses on international routes, has been trying to keep its domestic yields up as investment in the once-booming …

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Lufthansa Cargo Starts Retiring MD-11Fs – AviationWeek.com

Lufthansa Cargo plans to phase out two of its MD-11s next year in an effort to limit capacity growth.“We don’t see at the moment how we can grow profitably using two additional freighters,” CEO Karl-Ulrich Garnadt said in an interview.The decision is bad news for the cargo industry as it signals that one of its …

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Runway where UPS plane crashed known as tricky – Yahoo! Finance

BIRMINGHAM, Ala. (AP) — Landing on Runway 18 at Birmingham Shuttlesworth International Airport can be tricky for pilots, particularly ones flying big jets like the UPS cargo carrier that crashed this week, killing two people. With a large hill and trees at one end, the runway lacks the electronics for a full instrument landing. That …

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