when an Airlines Exit Bankruptcy, their Executives Exit, too




In many cases, when airlines exit bankruptcy, their executives exit, too
Tom Horton can only hope that his future at American Airlines Inc. is better than Ed Beauvais, Hollis Harris and Bruce Lakefield enjoyed at their own carriers.
Beauvais, Harris and Lakefield all led their carriers — America West Airlines Inc., Continental Airlines Inc. and US Airways Group Inc.







Why airline stocks are getting another look
MarketWatch
NEW YORK (MarketWatch) — While airline stocks have a reputation for destroying shareholder value as they grapple with volatile fuel costs and grueling competition, investment pros are warming up to a few names in the sector. With American Airlines ...
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In many cases, when airlines exit bankruptcy, their executives exit, too
Dallas Morning News
Tom Horton can only hope that his future at American Airlines Inc. is better than Ed Beauvais, Hollis Harris and Bruce Lakefield enjoyed at their own carriers. Beauvais, Harris and Lakefield all led their carriers — America West Airlines Inc ...
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Turkish Airlines grows by 20 percent
Hurriyet Daily News
Turkish Airlines (THY) has grown by 20 percent according to third-quarter data, Anatolia News Agency reported. "Our profitability has increased 665 percent compared to the same period last year and we have earned 868 million Turkish Liras of profit ...
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Hurriyet Daily News
Pegasus Airlines places order for 100 Airbus aircraft
TravelBizMonitor
Pegasus Airlines has placed an order for 100 Airbus aircraft as part of a new strategy for growth in the decade to 2023, as per a breakingtravelnews.com report. Within this framework for expansion, Pegasus Airlines, which launched scheduled flights on ...
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Ukraine International Airlines sold to Cyprus company
Kyiv Post
According to the State Commission for Securities and the Stock Market, Ontobet Promotions Limited as of the end of the third quarter of 2012 owned a 25.83% stake in the airlines, while 74.16% of UIA's shares were held by Kyiv-based Capital Investment...
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Kyiv Post
Far Eastern Air ticket sales dive, airline to sue magazine over libel
China Post
18-20, domestic airlines allowed reservations on flights to Taiwan's outlying islands during the Chinese New Year Festival. Seats on UNI AIR (立榮), TransAsia Airways (復興) and MandarinAirlines (華信) were fully booked by Dec. 20, but Far Eastern Air ...
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Airlines, ICAO Worried Over Parallel Reports On Dana Crash
The Guardian Nigeria
AIRLINE Operators of Nigeria (AON) Saturday expressed disappointment over what they referred to as unguarded statements by some lawmakers, which, they said, are capable of destroying the aviation industry. They noted that parallel investigations by ...
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Engine Fails on Flight: American Airlines Plane Forced Into Emergency Landing
Christian Post
An engine has failed on a flight from Cleveland Hopkins International Airport on Friday, forcing the pilot to quickly turn the plane around and make an emergency landing again at the same airport it had taken off from just minutes before. The incident ...
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Christian Post
Only genuine airline companies to get AOC
Himalayan Times
At present, there are nine fixed wing operators in the country, namely, Buddha Air, Sita Air, YetiAirlines, Tara Air, Goma Air, Makalu Air, Air Kasthamandap, Agni Air and Guna Airlines. Among them, Agni and Guna have currently withheld operations due ...
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Second annual UNWTO forum to focus on aviation and tourism
AME Info
Successful World Travel Market 2012 forum precursor to Arabian Travel Market 2013 session, regional airlines and tourism leaders invited to discuss role of aviation in driving Middle East tourism sector growth and influencing policy. For the second ...
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AME Info
ENOC Aviation receives ten year strategic partner award from IATA
AME Info
Sudhir Bishnoi, Director of Aviation Fuel Marketing, received the award on behalf of the company from Hemant Mistry, Director of Industry Charges, Fuel & Taxation at the Aviation Fuel Forum held in Bangkok, Thailand. Bishnoi said, "IATA provides a ...
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One dead in Perimeter Aviation crash
Winnipeg Free Press
A plane that took off from Winnipeg Saturday crashed in Nunavut, killing one person. PerimeterAviation confirms its plane went down in the community of Sanikiluaq, located on the Belcher Islands in Hudson Bay. Airline president Mark Wehrle says ...
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Aviation services are necessity, not luxury, says Khurshid
Business Standard
External Affairs Minister Salman Khurshid today said aviation services were no longer a luxury but have become a necessity and to strengthen the country a strong network of these services should be created. "Aviation services have become a necessity in ...
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