Pet Airways opens its business this month. For all the pet owners who can’t or won’t send their pets in the regular cargo cabin, can now send them in the main cabin with this all pet airline. There’s a catch though, since this is a all pet airline, you can’t actually fly with your pet, [...]

The latest US fare increase at Delta Air Lines could be a sign that domestic demand has reached its nadir, according to FareCompare, which compares prices for flights. FareCompare data showed that Delta and its Northwest subsidiary boosted fares by USD$10 roundtrip on Thursday across the bulk of its US flights. A Delta spokeswoman confirmed [...]

Air France-KLM faces a bigger loss and will run low on cash next year if air traffic does not pick up and oil prices reach new highs, according to a study on the airline cited in Les Echos on Friday. In a worst-case scenario outlined in the report drafted by accounting firm Secafi for the [...]

Lufthansa confirms its is goal of saving €1 billion ($1.4 billion) through the end of 2011, according to an internal letter to employees sent by Lufthansa Passenger Airlines Chairman and CEO Cristoph Franz. Apparently this will be done by reducing its administrative payroll by 20%, or 400 jobs, but there are no plans of any [...]

American Airlines parent AMR Corp. said a “very difficult revenue environment” drove a second-quarter net loss of $390 million, narrowed 73.3% from a $1.45 billion deficit in the year-ago period when heavy noncash impairment charges dragged down the bottom line. But the loss actually was widened from a $298 million deficit last year absent special [...]

Continental Airlines, who in June 2008 announced their plan to leave SkyTeam and join Star Alliance, got permission from U.S. Department of Transportation to do so. “We want to make our transition from SkyTeam to the Star Alliance as customer-friendly as possible for both our customers and those of the SkyTeam alliance,” Continental CEO Larry [...]