The Department of Transportation said it will consider a ban on in-flight phone calls as part of its consumer protection.» Read More
WASHINGTON, Dec 12- The U.S. Department of Transportation said on Thursday it might ban the use of cellphone calls by passengers during flights, even as the nation's communications regulator voted to consider loosening rules that now ban connecting to wireless services onboard aircraft.
Delta Air rose$. 55 or 2.0 percent, to $28.21. JetBlue Airways Corp. rose$. 41 or 4.9 percent, to $8.77. Southwest Airlines Co. rose$. 82 or 4.6 percent, to $18.79.
"As the FCC has said before, their sole role on this issue is to examine the technical feasibility of the use of mobile devices in flight.... The FCC later on Thursday will vote on Chairman Tom Wheeler's proposal that the agency relax its technical rules that regulate the use of telephones aboard planes.
Delta Air rose$. 55 or 2.0 percent, to $28.21. JetBlue Airways Corp. rose$. 30 or 3.6 percent, to $8.66. Southwest Airlines Co. rose$. 62 or 3.5 percent, to $18.59.
*Carrier orders 60 jets from Embraer, 30 from Bombardier. *Embraer sees 2014 as "good year" for commercial jet sales. Dec 12- American Airlines Group Inc said on Thursday it ordered 90 regional jets from Embraer SA and Bombardier Inc in deals worth about $4 billion at list prices as it upgrades to a more efficient fleet to lower operating costs.
Delta Air rose$. 38 or 1.4 percent, to $28.04. JetBlue Airways Corp. rose$. 19 or 2.3 percent, to $8.55. Southwest Airlines Co. rose$. 52 or 2.9 percent, to $18.49.
SAO PAULO, Dec 12- American Airlines Group Inc agreed to buy 60 aircraft from Embraer SA, the world's largest producer of regional jets, in a deal worth $2.5 billion at list prices, sending Embraer shares to a two-month high on Thursday.
TORONTO, Dec 12- Bombardier Inc said on Thursday that American Airlines Group Inc has agreed to buy 30 of its CRJ900 NextGen planes and taken options on an additional 40 aircraft.
Dec 11- Delta Air Lines Inc said on Wednesday it expects pretax profit excluding one-time items of $2.6 billion this year, up 70 percent from $1.6 billion for 2012.. The U.S. carrier told an investor meeting that was broadcast over the Internet that net debt would fall to $9.6 billion in 2013 from $11.7 billion last year.
DALLAS-- An airfare watchdog says Delta Air Lines Inc. is raising fares as much as $10 each way, although it is not yet clear whether the price hike will stick. Rick Seaney of FareCompare.com said the increase of $4 to $10 each way for flights within the U.S. went into effect on Tuesday.
FORT WORTH, Texas-- The new CEO of American Airlines will get stock awards worth more than $15 million at Tuesday's share price for the world's biggest airline company. American Airlines Group Inc. said in a regulatory filing that Doug Parker will get 626,637 shares that begin to vest in December 2015.
Delta Air fell$. 19 or. 6 percent, to $28.70. JetBlue Airways Corp. fell$. 04 or. 5 percent, to $8.33. Southwest Airlines Co. rose$. 13 or. 7 percent, to $18.59.
Delta Air fell$. 05 or. 2 percent, to $28.84. JetBlue Airways Corp. fell$. 01 or. 1 percent, to $8.36. Southwest Airlines Co. rose$. 15 or. 8 percent, to $18.61.
DALLAS, Dec 9- American Airlines Group, the world's biggest airline after AMR Corp's merger with US Airways Group, intends to take advantage of its broad global network to win more corporate customers, the company's president said. American Airlines parent AMR Corp and US Airways sealed their $18 billion merger on Monday.
And let's be clear. Investors don't expect the airline to be simply profitable, but very profitable.
What's the theme for 2014? It's still murky, but I'm increasingly warming to the idea of a synchronized but low-key global recovery.
A passenger nodded off on a flight from Lafayette, La., to Los Angeles on United Airlines with a stop in Houston and found himself locked inside.
Delta bought an oil refinery in 2012 to help control jet fuel costs and made a profit on the Pennsylvania facility for the first time in the third quarter.
Technology growth stocks, consumer cyclical, discretionary and some industrials will do well, Sarat Sethi of Douglas C. Lane tells CNBC.
If stocks sell-off on Friday Jim Cramer wants you to be ready.