March 27 (Reuters) – A U.S. regulator tentatively said
Friday that Delta Air Lines Inc can keep a slot at
Tokyo’s Haneda Airport if it flies there from Seattle daily,
upsetting competitors that had asked for Delta’s slot to grow
their presence in Asia.
The U.S. Department of Transportation (DOT) said after
months of proceedings that Delta’s Seattle-Haneda route
benefited the traveling public by providing one-stop service to
Haneda from several western cities and by promoting a diversity
of U.S. gateways.
March 25 (Reuters) – American Apparel Inc said in a
filing on Wednesday that the U.S. Securities and Exchange
Commission has ordered an investigation into a potential legal
violation related to its founder and former Chief Executive
Officer Dov Charney.
The filing said the investigation is a non-public,
fact-finding inquiry into matters arising from the board
committee’s review that formalized Charney’s firing in December
WASHINGTON, March 18 (Reuters) – The Obama administration
said Wednesday that it is in the early stages of studying claims
that Gulf airlines have received market-distorting subsidies, a
review involving uncharted territory for the U.S. government.
No international trade rules or precedent by the United
States exists for addressing airline subsidy claims, presenting
a challenge for the administration as it determines how to
proceed, a person familiar with the matter said. U.S. airlines
contend that Gulf carriers can lower prices and offer more
amenities on newer planes because of state subsidies.
WASHINGTON, March 17 (Reuters) – The Obama administration
has asked U.S. airlines for more information on their claims
that Gulf carriers have received market-distorting subsidies,
marking its first written response to U.S. airlines’ lobbying
effort, Reuters has learned.
The administration asked U.S. airline representatives about
20 questions in writing last week about their method in
determining the subsidy allegations and about the market harm
they say Gulf carriers have caused them, according to a person
familiar with the matter.
WASHINGTON (Reuters) – A U.S. congressional leader on transportation issues said on Tuesday he has asked the Obama administration to look into allegations that Gulf airlines have received unfair subsidies from their home states.
U.S. airlines have accused Gulf carriers of receiving more than $40 billion in government subsidies, allowing them to drive down prices and start pushing competitors out of key markets.
WASHINGTON, March 17 (Reuters) – Top executives of U.S.
airlines and their Middle East competitors clashed in Washington
on Tuesday over whether “open skies” deals are fair, and each
side ramped up efforts to sway U.S. regulators at a high-profile
U.S. carriers charge the Gulf airlines are benefiting
unfairly from government subsidies. A coalition of Delta Air
Lines Inc, United Continental Holdings Inc,
American Airlines Group Inc and their labor unions
accused Gulf rivals of receiving more than $40 billion in
WASHINGTON, March 17 (Reuters) – Top executives of U.S. and
Gulf airlines will take their dispute over whether “open skies”
deals have led to unfair competition to a high-profile public
forum in Washington on Tuesday as each side ramps up efforts to
sway U.S. regulators.
Three U.S. airlines have accused their competitors from the
Gulf of receiving more than $40 billion in government subsidies,
and have called on the White House to address the claims in
talks on “Open Skies” with Qatar and the United Arab Emirates.
March 10 (Reuters) – Expedia Inc said on Tuesday it
will take a minority stake in Latin American online travel
company Decolar.com Inc, expanding its exposure in the region.
Expedia has invested $270 million for a stake of under 20
percent of Decolar and has broadened the hotel listings the
companies have shared since 2002, Expedia’s Chief Financial
Officer Mark Okerstrom told investors at a Piper Jaffray & Co
March 9 (Reuters) – A brake problem may have caused a Delta
Air Lines Inc jet to skid off a runway at New York’s
LaGuardia Airport last week, according to testimony from the
flight’s crew, federal safety investigators said Monday.
The auto brakes were set to “max,” but the crew “did not
sense any wheel brake deceleration” before the plane crashed
into a fence, the National Transportation Safety Board said in a
statement. It added that the brake switch was found in the “max”
position during the investigation.
(Reuters) – U.S. airline unions have added their voices to
their employers’ escalating campaign to persuade the United
States to alter commercial flying agreements with Qatar and the
United Arab Emirates amid allegations of unfair subsidies.
In a press conference with U.S. airline officials Thursday,
several union leaders repeated the airlines’ warning that U.S.
workers will lose their jobs if domestic airlines are pushed out
of key markets because of competition from three Gulf airlines.