To win back fliers, United Airlines will upgrade first class food options and replace snacks with full meals on some of its shortest flights.» Read More
SEATTLE, Aug 21- U.S. airlines more than doubled their net profit margin in the first half of the year as revenue rose nearly three times faster than costs, trade group Airlines for America said on Thursday. Net profit at the airlines rose to $3.8 billion, up from $1.6 billion in the prior-year period.
NEW YORK— To win the hearts of frequent business travelers, United Airlines is going through their stomachs. The move comes as American Airlines goes the other way, eliminating hot meals on most flights less than 1,000 miles starting Sept. 1.
NEW YORK, Aug 20- As the first U.S. oil condensate exports head to Asia from the Gulf Coast, crude producers and refiners are exploring ways to get around a century-old law that makes it three times more expensive to ship by water between U.S. ports than to sail to a foreign port.
Are airline stocks about to takeoff? We know the play on words may be somewhat tired, the charts, however, are anything but.
Investors should remain long and get ready to buy on pullbacks, funds manager Sarat Sethi says.
U.S. stocks ended the week mixed after news of fresh conflict between Russia and Ukraine.
Take a look at some of Friday's midday movers:
Airlines from the United States and abroad have turned the in-flight safety video into an art form in recent years. We found the most entertaining.
NEW YORK— Passenger traffic at JetBlue is growing, but a key revenue figure is rising more slowly than at some bigger competitors. JetBlue Airways Corp. said Tuesday that traffic rose 4.3 percent last month compared with July 2013, as passengers flew 3.67 billion miles.
The companies increasing spending on upgrading equipment and facilities are actually investors’ favorites, USA Today reports.
Take a look at some of Monday's midday movers:
The "Fast Money" traders share their final trades of the day.
Spokesman Michael Thomas said Friday that Delta eliminated the program after the airline and vendor DFASS Group were unable to agree on terms. DFASS handles sales on airlines including Air Canada and Hong Kong Airlines and operates stores at more than 25 airports in North America, Latin America and the Caribbean, according to its website.
WASHINGTON— The Obama administration ordered U.S. airlines not to fly over Iraq following the first U.S. airstrikes there Friday, while carriers from other nations said they were suspending service to the Iraqi city of Irbil because of the hostilities. The FAA previously allowed limited flights over Iraq to altitudes above 30,000 feet.
NEW YORK— As the Ebola outbreak in West Africa worsens, airlines around the globe are closely monitoring the situation but have yet to make any drastic changes. Q: Should people travel to West Africa? A: The Centers for Disease Control and Prevention issued a warning last week for Americans to avoid nonessential travel to West African nations with the outbreak.
Delta Air Line's CEO said the airline's priority is making sure its operations are safe for passengers and crew members.
American Airlines is dropping meals for premium passengers on some short flights.
Should people travel to West Africa? How is Ebola transmitted? Are passengers leaving Africa being screened? Here's what you need to know.
PARIS, Aug 1- Airbus's summer sales campaign with the new A330neo airliner has triggered warnings of potential oversupply in the wide-body market and of a bruising price battle as the older-generation model undercuts rival Boeing's 787 Dreamliner.
July 30- Two airline trade groups asked a U.S. appeals court on Wednesday to review fee increases on airplane tickets imposed by the Transportation Security Administration, saying the agency is "improperly" raising taxes on travelers and hurting carriers.