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Airfares could rise as merger mania fades

by Jon Surmacz

Airfares could rise as merger mania fades — Merger mania in the U.S. airline industry has faded, and that could translate into higher fares as carriers look to offset rising costs. (Reuters)

Hot topic: Your honeymoon ideas.

Midwest flies in the face of takeover effort — As the USA’s biggest airlines jostle to get bigger and more powerful, little Midwest Airlines is happy to be itself: an anachronism. But things could soon change for Midwest as a result of an ongoing hostile takeover effort being waged by Orlando-based AirTran Airways (AAI), the USA’s third-biggest discounter. (USA Today)

Airlines report lower marks for on-time flights — There is good news for the U.S. airline industry: Fewer passengers filed airline service-related complaints with the government in 2006 compared with the year prior. The bad news? The airlines posted a lower rate of on-time flights and more reports of mishandled baggage. (MSNBC News Services)
http://www.msnbc.msn.com/id/17028110/

Delta to begin bankruptcy plan vote — A judge approved a disclosure statement that will be sent to creditors along with a Delta Air Lines reorganization plan, a big step forward in the airline’s effort to exit bankruptcy. (AP)

Seven killed in Acapulco, outside tourist zone — More than a dozen armed assailants staged and videotaped simultaneous attacks against two offices of the state attorney general in Acapulco on Tuesday, killing at least seven people in this Pacific resort plagued by drug violence. (AP)

Tourism lags in Bush’s hometown — The Washington professionals have their polls, their focus groups and their newspaper editorials. But Crawford, the 700-person town where President Bush’s ranch is located, has its trinket stores, and they have fallen on hard times, in what some say reflects the president’s sinking popularity over the war in Iraq and a daunting influx of anti-war protesters. (AP)

Brazilian court reverses airplane ban — An appeals court on Wednesday overturned a ban on large passenger jets at Brazil’s busiest airport that had been set by a judge citing safety concerns. (AP)

The best town to make an upper lip stiff — An explosion of cocktail quality and variety in London’s watering holes is making this city a new locus for connoisseurs of mixed drinks. (The New York Times) (Registration required.)


Carrie Charney, Christopher Elliott, John Frenaye, Charles Leocha, Marge Purnell, Valerie Schneider, Mary Staley, Stephanus Surjaputra, Richard Wong.

Published on February 7, 2007 ·

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