Boeing will take a $1 billion charge in the third quarter after announcing another delay in the freighter version of its 747-8 jumbo jet. Unlike the more ambitious 787 Dreamliner, the 747-8 uses traditional materials and manufacturing processes, yet its first flight has been pushed back repeatedly, and deliveries are now slated to begin in late 2010.
Carbon dioxide emissions in the U.S. are expected to decrease by nearly 6% this year as demand for transportation fuel and electricity plummets amid the downturn, the Energy Information Administration said. Lower demand for transportation fuels should make up 30% of the yearly drop in carbon emissions, the EIA added.
JetBlue's business is air travel, but the company tends to be a communications technology pioneer as well, David Deans writes. But the airline outsources most of its technology tasks to Verizon Business, which is managing communications services for JetBlue's employees, partners and customers.
The Department of Transportation says 79.7% of flights arrived on time in August, a gain of 1.3 percentage points compared with the same month last year. Mishandled baggage also fell from year-ago levels, and tarmac delays plunged by more than 50% in August compared with July. DOT says 39.3% of flight delays were attributable to weather, and a spokesman for the Air Transport Association noted that many delays were in the Northeast, "where we need air traffic control operational improvement."
Domestic system traffic at Delta Air Lines dropped 3.3% in September, while international traffic declined 7.8%. But the 5.2% overall traffic decline was outstripped by Delta's 6.7% capacity decline compared with September 2008, pushing the month's load factor up 1.4 percentage points.