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UAL CEO Paid $39.7M in 2006 (AP)

Yahoo Major Airlines Industry News - Mon, 2007-03-26 23:28
The chairman, chief executive and president of UAL Corp., parent of United Airlines, received compensation worth $39.7 million in 2006, the company's first year as a standalone company after emerging from three years of bankruptcy protection.

Northwest Airlines Withdraws $129 Million Claim for Salaried Employees (Business Wire)

Yahoo Major Airlines Industry News - Mon, 2007-03-26 22:31
EAGAN, Minn.----Northwest Airlines Corporation announced today that it has withdrawn a $129 million salaried employee unsecured claim from its Plan of Reorganization.

Equity Groups Finalize Raytheon Aircraft Purchase

AviationNow.com - Mon, 2007-03-26 20:40
Raytheon has completed the sale of its general aviation unit to Hawker Beechcraft Inc., a new company formed by Canadian buyout firm Onex Corp. and Goldman Sachs affiliate GS Capital Partners.

Northwest reorganization plans approved to exit bankruptcy (at CNNMoney.com)

Yahoo Major Airlines Industry News - Mon, 2007-03-26 20:40
A federal judge requires the No. 5 U.S. airline to provide information on equity compensation, revisions.

Northwest Can Begin Plan Vote Process (AP)

Yahoo Major Airlines Industry News - Mon, 2007-03-26 20:35
Northwest Airlines can begin seeking creditor approval of a plan to exit bankruptcy that values the company at an estimated $7 billion, a judge ruled Monday.

Airline Stocks: JetBlue upgraded; sector weakens as oil closes in on $63 a barrel (at MarketWatch)

Yahoo Major Airlines Industry News - Mon, 2007-03-26 20:10
JetBlue Airways Corp. gained on an upgrade Monday, though most shares in the airline sector sagged under the weight of rising fuel costs as crude-oil futures closed in on $63 a barrel.

Wall Street drops on housing data, higher oil (Reuters)

Yahoo Major Airlines Industry News - Mon, 2007-03-26 17:55
Stocks slid on Monday, putting the Dow industrials on course to snap a five-day string of gains, as weaker-than-expected new-home sales data and higher crude oil prices fanned worries about economic growth and profits.

Savings in Bloom - Spring Into the Season With a Fare Sale on United Airlines (PR Newswire)

Yahoo Major Airlines Industry News - Mon, 2007-03-26 16:38
United is celebrating spring by offering customers special low-fare tickets today for travel to many favorite worldwide destinations.

Merrill Lynch Sees Gold Mine In Heathrow Slots

AviationNow.com - Mon, 2007-03-26 16:26
Slot-holding airlines at London Heathrow are sitting on a goldmine thanks to the provisional U.S.-European Union open-skies deal, say Merrill Lynch analysts.

Merrill Lynch Sees Gold Mine In Heathrow Slots

AviationNow.com - Mon, 2007-03-26 16:26
Slot-holding airlines at London Heathrow are sitting on a goldmine thanks to the provisional U.S.-European Union open-skies deal, say Merrill Lynch analysts.

General Says AF Not ''Collegial'' On UAVs, JCA

AviationNow.com - Mon, 2007-03-26 14:51
An Army general says the U.S. Air Force was not being "collegial" in the operation of unmanned aerial vehicles and the development and procurement of the Joint Cargo Aircraft program.

Airline Stocks: JetBlue upgraded; air sector's weaker as oil tops $63 a barrel (at MarketWatch)

Yahoo Major Airlines Industry News - Mon, 2007-03-26 14:11
JetBlue Airways Corp. gained on an upgrade Monday, though most shares in the airline sector sagged in afternoon trading under the weight of rising fuel costs as crude-oil futures topped $63 a barrel.

House Aviation Leaders Call For ''Decent Burial'' Of User Fee Proposal

AviationNow.com - Mon, 2007-03-26 13:58
The Federal Aviation Adminstration's proposal to overhaul the aviation tax structure is unlikely to move forward in the House as the leader of the House Transportation and Infrastructure Committee vowed to give the user fee package a "decent burial."

US Airways Refinances $1.6B in Debt (AP)

Yahoo Major Airlines Industry News - Mon, 2007-03-26 13:42
US Airways Group Inc. on Monday said it completed a $1.6 billion debt refinancing, which the airline expects will improve liquidity over the next seven years.
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