Emirates Airline Announce to Start Flight Airbus A380 Superjumbo to JFK Airport

Emirates Airline picked a dandy day to announce it would start flying superjumbo jets to John F. Kennedy Airport.

While the feds were raiding suspected terror nests in Long Island, New Jersey and Massachusetts, the airline on which accused Times Square bomber Faisal Shahzad tried to make his getaway said Thursday its A380 jet “will make a much anticipated return to New York” this October.

“We promised to return the A380 to New York as soon as demand recovered, and we have been true to our word,” Tim Clark, president of the Dubai-based airline, said in a statement.

Emirates was criticized for allowing Shahzad to buy a ticket to Dubai in cash and board one of its planes – even though he was on a no-fly list maintained by the FBI’s Terrorist Screening Center.

American Airlines Add Seven New Flight Destination from NY Jhon F. Kennedy Airport

American Airlines add new flight destionationIn an effort to strengthen its position in New York City, American Airlines Inc. announced plans on March 31 to add seven new destinations served by 23 additional daily roundtrip flights to and from New York’s John F. Kennedy and LaGuardia airports starting this summer.

The Fort Worth-based carrier said its enhancements will include upgrading its aircraft and a $30 million renovation to its terminal facilities during a two-year period at LaGuardia. The company also plans to make renovations and develop an expansion with British Airways at JFK.

Combined with earlier announcements, American and sister regional carrier American Eagle will add 31 total flights and 13 new routes to and from the two airports by year end.
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Global Airline Industry Expectations in 2010 : Aviation Firms Shares Rose Sharply

Airline stocks have been flying high in 2010 thanks to renewed hopes over an economic recovery, an uptick in business travel, and a stronger dollar. The Claymore/NYSE Arca Airline ETF (FAA) has shot higher on the news, gaining nearly 5% on the week and 15% so far on the year. A slight pullback in oil prices–one of the primary negative factors weighing on the airline industry–has also added momentum to FAA in recent sessions. Ongoing concerns over the financial health of Europe have boosted the greenback, which generally moves in the opposite direction of oil.
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