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Airlines see signs of end of decline

April airline traffic reports showed some signs of improvement over March and airline executives pointed to stabilization in revenue and demand declines, as carriers continue to search for the bottom | eTurboNews | Trends | Travel News

Airport news: Dallas International Airport connects with Down Under

Airport news: Dallas International Airport connects with Down Under January 14, 2011 Dallas-Fort Worth Airport, Texas – DFW International Airport today announced that Qantas Airways Ltd., the national airline of Australia, will begin nonstop service from Sydney to Dallas-Fort Worth wi Dallas-Fort Worth Airport, Texas – DFW International Airport today announced that Qantas Airways Ltd., the national airline of Australia, will begin nonstop service from Sydney to Dallas-Fort Worth with four flights a week starting on May 16, 2011. The Qantas direct flight from DFW to Sydney will include a stop in Brisbane, Australia, giving DFW passengers unprecedented access to Australia and the South Pacific. Qantas will operate the new service to Dallas-Fort Worth utilizing Boeing 747-400 aircraft.

AMR Corp parent company of American Airlines reports 2008 second quarter net loss of $284 million

FORT WORTH, Texas – AMR Corporation, the parent company of American Airlines, Inc., today reported a net loss of $1.4 billion for the second quarter of 2008 or $5.77 per share. FORT WORTH, Texas – AMR Corporation, the parent company of American Airlines, Inc., today reported a net loss of $1.4 billion for the second quarter of 2008 or $5.77 per share. The second quarter results include special charges as previously disclosed in AMR’s Form 8-K filing with the Securities and Exchange Commission on July 2. These include a $1.1 billion non-cash accounting charge to write down the value of certain aircraft and related long-lived assets to their estimated fair value and a charge of approximately $55 million of a total $70 million expected for severance-related costs resulting from the Company’s system-wide capacity reductions in the fourth quarter of this year. The remainder of the severance-related charge is expected to be taken in the third quarter. Excluding these special char

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