IATA Forecasts Airline Profits To Slip Next YearThe global airline sector is on pace to earn $5.6 billion this year, but profits are expected to fall to $5 billion in 2008, according to a forecast... KEEP READING
Hertz Names GE Vet Senior Global Sales VPHertz Global Holdings last week named longtime General Electric sales manager Robert J. Stuart to head the car rental company's global sales operations... KEEP READING
NW To Join U.S. Legacy Carrier Competition At HeathrowNorthwest Airlines today announced it has secured London Heathrow slots from its joint venture partner KLM, and plans next year to launch daily service... KEEP READING
American To Free EagleAmerican Airlines parent company AMR today said it plans to unload its American Eagle regional subsidiary next year, but has not yet determined the form... KEEP READING
IRS To Raise Vehicle Reimbursements To 50.5 Cents Per MileThe Internal Revenue Service next year will raise the allowable vehicle reimbursement rate to 50.5 cents per mile, which is the highest rate in history.... KEEP READING
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