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December 31, 2008

Airlines Scramble For Cash... While They Still Can

Carriers Take Out Loans Ahead Of Credit Crunch

Most US domestic airlines are losing money, already deep in debt, and facing a dropoff in demand that has come faster than capacity could be cut. But through it all, they're raising money with more apparent ease than many companies in other industries.

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Copa Airlines Increases B737-800 Order

Adds Four Planes To Original Contract

Copa Airlines and Boeing announced Wednesday Copa's firm order for four Boeing 737-800 Next-Generation aircraft for delivery within the next three years.

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