Apple shares were down over $1.70 in Tuesday afternoon trading after markets learned that a $50 iTunes gift card being offered by NYCAviation for photos of Steve Jobs' Gulfstream landing in New York would not be purchased.
Saudi Arabian Airlineson Monday signed an agreement to join SkyTeam in 2012. The airline will be SkyTeam's first member from the Middle East, adding 35 new destinations to the alliance network.
American Airlines and Japan Airlines will begin their previously announced trans-Pacific revenue sharing venture on April 1st, the companies announced in Tokyo Tuesday morning.