Last updated: 09:30 AM ET, Wed February 10 2016

Airline Pulse: News and Notes for Feb. 10, 2016

Airlines & Airports | Josh Lew | February 10, 2016

Airline Pulse: News and Notes for Feb. 10, 2016

Photo courtesy of Thinkstock

Why Are Airline Stocks Falling?
In January, the price of stocks for Southwest Airlines, Alaska Airlines and Virgin America fell by between 11.2 and 12.6 percent. The reason for this was that unit revenue figures dropped during the month, and investors were worried that the airlines weren't competing well in the new low-fuel-cost environment.

India Worries about Zika Spreading near Airports
Conditions in India are ripe for the Zika virus because of the climate and large mosquito population. Officials are particularly worried about large swarms of insects that have been a problem around Chhatrapati Shivaji International Airport in Mumbai for years.

Laos Unlocks Its Aviation Market
After an eight-year application process, Laos has finally granted Thai AirAsia a license to fly from Bangkok to Luang Prabang. This is significant because it signals the possible end of policies that Laos had in place to protect its flag carrier, Lao Airlines.

JetBlue Flash Sale Runs Through Today
JetBlue is following up its Leap Day sale with another promotion. Fares as low as $39 are on offer today until the clock strikes midnight (the earlier of 11:59 PM ET or local time). The fares are for Tuesday and Wednesday travel between Feb. 24 and May 18.


Despite a last-minute engine switch, the brand new Airbus A321neo made a successful first test flight yesterday. The first orders for the plane should be delivered by the end of this year. 

Negotiations between the U.S. and Japan to allow American carriers access to Tokyo Haneda airport have been postponed so that the U.S. government can have more time to evaluate its decision. Delta is against the move, but American and United are for it.  

Another airline is having trouble moving its money out of Venezuela. Brazilian airline Gol has suspended flights to Venezuela's capital until it can get its profits out of the country. Venezuela has notoriously strict currency exchange laws that have affected other carriers, including American Airlines. 

The European Union is seeking new “fair competition” rules for airlines. The governing body wants to curb public subsidies for airlines and also revisit the rules for foreign carriers flying in E.U. airspace.  

Alberta’s struggling oil industry is hurting airlines and, now, airplane manufacturers. WestJet is seeking to slow delivery on its orders of Bombardier Q400s. There is currently not enough demand for the airplanes to be a worthwhile investment. Bombardier, however, is struggling itself and wants to unload the planes as fast as possible to increase its revenue. 


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