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January 27, 2014

Monday Midday Must-Reads

-There are billions of dollars tied up in Venezuela for airlines, according to this article by Bloomberg News. The Venezuela government has devalued its currency several times and due to these controls, airlines have $3.3 billion from local sales stuck in the country.

-The Supreme Court ruled on Monday that airline employees cannot be sued for defamation in reporting potentially dangerous people to security officials. The Washington Post reports the court ruled 6 to 3 that a former Air Wisconsin pilot, who had successfully sued the airline for defamation after supervisors told the Transportation Security Administration that he was a security threat, was not entitled to the $1.2 million award he received in his lawsuit.

-JetBlue Airways and Etihad Airways announced a codeshare agreement that will initially focus on flights in and out of New York's JFK airport and Washington Dulles airport. The two airlines say it will allow Etihad customers flying in from Abu Dhabi to connect to more U.S. cities, this USA Today article says. Etihad is scheduled to begin service to Dallas/Fort Worth Airport later this year.

-Andrea Ahles

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