The nuclear and earthquake crises in Japan will cause a “major slowdown” for airlines in Japanese markets, and a rebound is unlikely before the second half of 2011, a leading airline industry trade group said on Friday. Get the full story »
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Stocks sink on warning of ‘catastrophic events’
U.S. stocks sank deeper into the red on Wednesday after the European Union’s energy chief warned of “possible catastrophic events” at Japan’s nuclear plants.
Swinging in choppy trading, the Dow Jones Industrial Average tumbled 99 points, or 0.8 percent, to 11756, with all but two of its 30 components in the red. Get the full story »
March 11 at 4:42 p.m.
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Filed under: Airlines, Airports, International, Transportation, Travel, Updated United, Delta, American cancel most Japan flights
The three largest U.S. carriers scrambled Friday to ensure that employees in Japan were safe as they re-routed passengers and aircraft bound for the earthquake-stricken country.
United, Delta and American airlines canceled many, but not all, flights to Japan Friday and offered to waive booking fees for those who opted to cancel or reschedule travel there as the country recovers from one of the largest earthquakes on record. Get the full story »
