Despite concerns over a slowdown, China's businessmen could top travel spending by 2016, overtaking their U.S. counterparts.» Read More
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Southwest Airlines has 30 days from the receipt of the FAA's civil penalty letter to respond to the allegations.
Virgin America filed for an initial public offering of shares as it looks to expand in the recovering U.S. airline market.
Airline insurers are reviewing cover for aircraft involved in hostile acts as the industry faces its most expensive year since 9/11.