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The Business Journal of Phoenix (Free subscription) | 10/10/2008
Mesa Air Group Inc. is cutting 250 jobs as it reduces flights in response to service cuts by large carriers.
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Philadelphia Inquirer (Free subscription) | 10/10/2008
... have severed that connection."In the past two weeks, it's a different story," Calyon Securities Inc. airline analyst Ray Neidl said. "The credit markets are affecting the overall market, and that's what is affecting everyone and what the impact will be for airlines in terms of demand."As oil prices plunged about 38 percent from around $147 a barrel July 11 to about $91 a barrel Sept. 16,...
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kansascity.com (Free subscription) | 10/10/2008
... $91 a barrel on Sept. 16, shares of the big six legacy carriers soared - in Tempe, Ariz.-based US Airways Group Inc.'s case, its stock more than quadrupled over that period. The Dow Jones industrial average was nearly unchanged.
From that point through Wednesday, oil prices fell another 2 percent to around $89 a barrel, but shares of the six airlines sank - in the case...
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Chicago Tribune (Free subscription) | 10/10/2008
As oil prices plunged about 38 percent from around $147 a barrel on July 11 to around $91 a barrel on Sept. 16, shares of the big six legacy carriers soared — in Tempe, Ariz.-based US Airways Group Inc.'s case, its stock more than quadrupled over that period. The Dow Jones industrial average was nearly unchanged.From that point through Wednesday, oil prices fell another 2 percent...