Transportation

Hertz Pricing Is Down YOY in Q2 but ImprovingBy Michael B. Baker

Hertz Global Holdings' revenue declined 2 percent year over year to $2.3 billion during the second quarter amid "softness" in corporate rental volume.... KEEP READING

Delta Cancels More FlightsBy Michael B. Baker

Delta Air Lines cancelled 300 flights Tuesday morning as it continues to reset from a systemwide operations shutdown on Monday that resulted in about... KEEP READING

Deem's Narrower FocusBy Michael B. Baker

With a new leadership team in place, Deem is honing its focus on its core travel, expense and ground transportation offerings, president and COO John... KEEP READING

Virgin America Grows Revenue & Capacity in Q2By Michael B. Baker

Virgin America's passenger revenue increased 4.9 percent to $377.5 million in the second quarter. Capacity increased 15.3 percent, and traffic increased... KEEP READING

Atlanta Power Outage Snarls Delta OperationsBy Michael B. Baker

Delta Air Lines has resumed service but canceled about 300 flights after a power outage in Atlanta early Monday morning affected its computer systems... KEEP READING

Hainan Files to Begin Nonstop Las Vegas ServiceBy Michael B. Baker

Hainan Airlines will begin nonstop service between Beijing and Las Vegas on Dec. 2, pending U.S. Department of Transportation approval. The service... KEEP READING

Terrorism Slows Global Air Travel Demand Growth in JuneBy Michael B. Baker

Global air travel demand increased 5.2 percent year over year in June, showing slower growth compared with earlier this year, according to the... KEEP READING

Avis Budget Commercial Rates Decrease as Overall Pricing IncreasesBy Michael B. Baker

Avis Budget Group increased revenue 3 percent year over year during the second quarter due to higher rental volume and pricing, although volume and... KEEP READING

Lufthansa Reports Terror, Economic Instability Driving Down TrafficBy Michael B. Baker

The Lufthansa Group is forecasting a "significantly weaker" performance than expected this year due to declining demand. "The terrorist attacks in... KEEP READING

Alaska Airlines SVP Joseph Sprague on Virgin America Acquisition

Virgin America shareholders late last month approved their acquisition by Alaska Airlines, leaving U.S. Department of Justice approval as the only... KEEP READING

Didi Chuxing to Acquire Uber ChinaBy Michael B. Baker

Uber is selling its business in China to competitor Didi Chuxing, the company announced. Uber founder and CEO Travis Kalanick in a blog post noted that... KEEP READING

Air Canada Revenues Increase in Quarter of Heavy Route GrowthBy Michael B. Baker

Air Canada's passenger revenues increased 2 percent year over year to C$3.1 billion in the second quarter. The quarter marked the carrier's heaviest... KEEP READING

Mozio to Target Corporate Travel Following Latest Funding RoundBy Michael B. Baker

Transportation booking platform Mozio has completed a $2.5 million funding round, with which it plans to move into corporate travel and launch a mobile... KEEP READING

JetBlue Gains Options to Add Transatlantic Service & Boost Mint GrowthBy Michael B. Baker

JetBlue will expand its premium Mint offering and could begin service to Europe via an amended purchase agreement with Airbus, executives said during... KEEP READING

WestJet Reports Growing Corporate Business BaseBy Michael B. Baker

WestJet reported double-digit revenue growth from corporate accounts, although passenger revenue dipped year over year in the second quarter. The... KEEP READING

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