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Stock Market & Financial Investment News

News Breaks
February 11, 2013
08:05 EDTALKHorizon Air passenger service agents ratify contract
Horizon Air passenger service agents in Vancouver and Victoria, B.C., who are represented by the Canadian Auto Workers, have ratified a new three-year contract. All of the 44 agents at the two airports who participated in the ratification vote approved the contract, which expires on Feb. 14, 2016.
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May 10, 2013
06:47 EDTALKDelta says airlines have new priorities, NY Times reports
Delta Air Lines' bright, spacious new terminal at New York's Kennedy Airport reflects airlines' new emphasis on better amenities and service, Delta stated, according to the New York Times. The airlines, whose finances have improved, are no longer competing primarily based on price, the newspaper stated. Reference Link
May 8, 2013
05:44 EDTALKU.S. airlines' restructuring means less routes, WSJ reports
A decade of restructuring in the U.S. airline industry has resulted in a sharp reduction in air service that is curtailing traveler choice and some local economies even as it improves the industry's health, an MIT study shows, reports the Wall Street Journal. From 2007 through last year, U.S. airlines cut the number of scheduled domestic flights by 14%. The number of seats offered fell by slightly less, as airlines pushed passengers onto bigger planes, says the study. Reference Link

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