THIS
WEEK'S HEADLINES
Cendant Sells Travel Division
to Blackstone Group
Cendant Corp. announced the sale of its travel distribution
services unit, Travelport, to an affiliate of The Blackstone
Group for approximately $4.3 billion.
Read official message from Galileo America
Downgrade,
oil prices send airline stocks tumbling
July 12, 2006 - Airline shares, including those of American
and Southwest airlines, slid Tuesday after one analyst downgraded
his outlook on three large carriers.
Airlines
struggle to weather summer storms
July 11, 2006 - Airlines have wrestled with getting flights
out safely while maintaining customer service.
Use
of work air miles up for debate
July 10, 2006 - Clocking up air miles while you are traveling
for work might seem like an attractive prospect -- until your
employer tells you they are not yours to use.
TSA
Delays Registered Traveler Program
July 10, 2006 - TSA Delays Program Allowing Frequent Flyers
to Breeze Through Airport Security Checkpoints
Airlines
may see first profitable quarter since 2000
July 12, 2006 - U.S. airlines are poised to report their first
profitable quarter since 2000 thanks to strong travel demand,
cost-cutting and disciplined management of capacity.
US
Wants Passenger Info Before Departure
July 12, 2006 - US Homeland Security officials proposed on
Wednesday making airlines transmit passenger names and other
information to the government before an international departure,
a change designed to keep suspected terrorists off US-bound
flights.
US
Airline Shares Drop On Ratings Downgrade
July 11, 2006 - US airline shares tumbled on Tuesday after
ratings downgrades on several carriers said they remain vulnerable
to industry pressures.
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