Business News Archive - June 25, 2008

By Eric Anderson, Albany Times Union, N.Y. Jun. 25--COLONIE -- Albany International Airport and dozens of other airports nationwide are likely to see deep cuts in service if airlines don't find relief from $130-a-barrel oil, an organization representing business travelers warns.

By Paul Beebe, The Salt Lake Tribune Jun. 25--Negotiators for Delta Air Lines and Northwest Airlines pilots have tentatively agreed on a joint labor contract and a process for establishing a single seniority list before the carriers merge later this year.

By Joe Sharkey I am not in the business of dispensing advice, but here is some nevertheless: It's summer. Air travel is bad. It's getting even worse and won't improve anytime soon. And there is absolutely nothing you or I can do about it. So chill.

By Michael Hastings, Winston-Salem Journal, N.C. Jun. 25--Rising food prices hit home when I noticed that Ramen noodles went from five packages for a dollar to just four packages.

By Dawn House, The Salt Lake Tribune Jun. 25--Besides paying more for a tank of gasoline, consumers are being hit with smaller food packages in grocery stores that cost the same amount of money as their larger predecessors. The mantra used to be supersizing.

By Claire McNeilly The bad news comes as experts predict that the fuel crisis, which has been driven mainly by the rising cost of oil -- now priced at nearly $140 a barrel -- looks set to deepen.

By Benjamin Spillman By BENJAMIN SPILLMAN REVIEW-JOURNAL Local boosters could face an unhappy return to the days when Las Vegas was a regional destination if airlines can't figure out how to make money on long-haul leisure routes.

By Donna Goodison, Boston Herald Jun. 25--Airline passengers traveling via Logan International Airport can now get more accurate flight updates by e-mail.

Saudi Arabian Airlines and Kuwait based Alafco Aviation Lease and Finance Company announced their agreement for the sale and lease of 17 Boeing and Airbus aircraft to Saudi Arabian Airlines to be delivered during the period from 2009 until 2015.

New appointment to focus on new midfield terminal Etihad Airways has announced the appointment of Greg Brennan as the airline's new project manager for the new Abu Dhabi midfield terminal, which is due to open in 2012.

Word of the Day
  • The parings of haberdine; also, any kind of fragments.
The word 'gubbings' is a variant of the word 'gobbon', meaning 'a portion, gobbet.'