Great summary Tupolev 154B2! Here's some more:
The Big Six USA carriers lose lots of money in first and second quarters. This is due to business travelers flying much less due to weak economy. Meanwhile, Southwest, JetBlue, and AirTran continue to make buckets of money. They do not need to charge business travelers $500-$2000 on domestic routes to feed bloated cost structures, so they aren't affected by economic downturn.
Airbus officially launches the A380, a 550-seat double decker, and gets about 100 orders. Boeing cancels the 747-500 and -600 after getting no orders.
Boeing announces a radical new design called the Sonic Cruiser, a delta-winged a/c about the size of a 767. It is supposed to go Mach .98 instead of the regular airliner cruising speed of Mach .80--.85. This is expected to shave an hour off transatlantic flights and three off transpacific. But it could burn much more fuel per passenger, which would ruin its economics.
JetBlue announces a hub at Long Beach, CA, and announces service to New Orleans, Washington Dulles, and beefs up service to Fort Lauderdale.
Need a new airline paint scheme? Better call Saul! (Bass that is)