Brazil’s largest airline, TAM Linhas Aereas is in talks to buy a stake in Chile’s flagship airline owned by President-elect Sebastian Pinera, Brazilian magazine Exame reported on its Web site.
JetBlue Airways’ total ancillary revenue for the fourth quarter was about $20 per passenger. During 2009, airline’s ancillary revenues grew $60 million or 17 percent as compared to 2008.
JetBlue Airways’ total ancillary revenue for the fourth quarter was about $20 per passenger. During 2009, airline’s ancillary revenues grew $60 million or 17 percent as compared to 2008.
Alaska Air Group executed a $257 million turnaround in 2009, reporting net income of $121.6 million compared with a $135.9 million loss in 2008. Excluding special items ($55.2 million in noncash fuel hedge gains and $22.3 million in costs related to transition to a new pilot contract), Alaska’s net income for 2009 was $88.7 million.
While airlines continue to rack up even more revenue by charging higher checked-baggage fees, Southwest remains resolved to let bags fly free, saying it has enabled the carrier to capture market share from its competitors.
The Caribbean Hotel and Tourism Association (CHTA) and Forum Telecom have announced an agreement in which Forum Telecom, the provider of cellular telephone solutions for the travel and hospitality industry, has been designated as a Strategic Partner of CHTA.