Aviation observers say the death of Delta Air Lines' partner Comair was a result of high fuel costs that made its 50-seat regional jets too expensive to fly and high labor costs that made it difficult to compete with other small carriers.
The weekend brought the final flight for Comair, a subsidiary of Atlanta-based Delta that flew under the Delta Connection brand.
The Atlanta Journal-Constitution reports (http://bit.ly/RsbisW) that Comair's last flight also marked the end for an industry pioneer that helped spearhead the introduction of the 50-seat regional jets that replaced most turboprops in the 1990s.
Delta says it expects no service disruptions, because other Delta Connection regional carriers are taking over flights.
Erlanger, Ky.-based Comair's 1,700 employees will be laid off, including about 30 Georgia-based pilots and flight attendants.
Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.
After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online blogging forum Tumblr...
Wednesday, May 15 2013 5:41 AM EDT2013-05-15 09:41:00 GMT
The recession hasn't spared any age group, but it's been especially hard on seniors. More and more Americans 62 and older are turning to reverse mortgages to supplement their cash. But is it right for you?
The recession hasn't spared any age group, but it's been especially hard on seniors. More and more Americans 62 and older are turning to reverse mortgages to supplement their cash. But is it right for you?
Wednesday, May 15 2013 5:04 AM EDT2013-05-15 09:04:58 GMT
The amount of money many of us pay in taxes in a given year is often times larger than any purchase we'd make. Where does that really money go? Well, there is a way to find out.
The amount of money many of us pay in taxes in a given year is often times larger than any purchase we'd make. Where does that really money go? Well, there is a way to find out.
Monday, May 13 2013 6:56 AM EDT2013-05-13 10:56:00 GMT
It's pretty normal these days when you're apartment hunting to be asked to pay an application fee. Those fees can be pretty steep, and can be at least $50 for every application.
It's pretty normal these days when you're apartment hunting to be asked to pay an application fee. Those fees can be pretty steep, and can be at least $50 for every application.
