Continental Airlines cut its average daily departures, from 2,283 to 2,115, on 10 January, in line with previously announced capacity cuts aimed at saving $150 million a year. The cuts included commuter division Continental Express and low-cost operation Continental Lite.
Source: Flight International
American Airlines’ operations were disrupted by a nationwide ground stop on the morning of 24 December, the height of the winter holiday air travel period.
Cathay Pacific expects a “strong” showing for the second-half financial results, as it approaches full capacity recovery January next year.
The Star Alliance carrier plans to reach C$30 billion in annual revenue in four years and to exceed that figure by decade’s end.
