Analyst Hunter Keay expects an uptick in airline buybacks this year, funded by an inflow of money from cheaper oil.» Read More
"They touched down 1,100 feet short of the runway, so I'd say they're pretty lucky," Mike Cunningham, an official with the Transportation Safety Board of Canada, told a news conference. Air Canada said the Airbus A320 flying from Toronto was carrying 133 passengers and five crew members. "We at Air Canada are greatly relieved that no one was critically injured.
"We at Air Canada are greatly relieved that no one was critically injured. Yet we fully appreciate this has been a very unsettling experience, " Air Canada Chief Operating Officer Klaus Goersch said in a statement. Air Canada said the Airbus A320 flying from Toronto was carrying 133 passengers and five crew members.
Experts are examining the "black box" recorder found at the scene of the crash of the Germanwings Airbus plane to try to ascertain what happened.
Take Elizabeth Schirmer, whose destination wedding in Mexico got upended by bad weather in late February in Rochester, New York. After she returned home, Schirmer, 30, received a generic apology email from Delta Air Lines and an invitation to comment about her experience. Some 70,757 flights with at least one stop in the United States got canceled between Dec. 21...
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Alcoa Inc. fell 3.5 percent to $12.81 with 21,018,100 shares traded. Bank of America Corp. fell 1.9 percent to $15.68 with 61,513,800 shares traded.
No international trade rules or precedent by the United States exists for addressing airline subsidy claims, presenting a challenge for the administration as it determines how to proceed, a person familiar with the matter said. These issues do not fall under World Trade Organization rules but rather under bilateral "Open Skies" agreements that authorize...
American Express will team up with seven companies to launch a loyalty program this spring, The Wall Street Journal reported.
The airline's president rebuffed complaints by some U.S. rivals that the carrier had an unfair competitive advantage.
WASHINGTON, March 17- Top executives of U.S. airlines and their Middle East competitors clashed in Washington on Tuesday over whether "open skies" deals are fair, and each side ramped up efforts to sway U.S. regulators at a high-profile forum. A coalition of Delta Air Lines Inc, United Continental Holdings Inc, American Airlines Group Inc and their labor unions...
American Airlines benefits more than most airlines from the oil price drop because it's not locked into higher fuel costs, CEO Doug Parker tells CNBC.
Some of the names on the move ahead of the open.
Three U.S. airlines have accused their competitors from the Gulf of receiving more than $40 billion in government subsidies, and have called on the White House to address the claims in talks on "Open Skies" with Qatar and the United Arab Emirates. Emirates Airline, Qatar Airways and Etihad Airways have denied the allegations, saying U.S. airlines have lost market...
1. Delta Air Lines, 86.1 percent. 2. Hawaiian Airlines, 85.5 percent. 7. American Airlines 76.1 percent.
The U.S. Department of Transportation said Monday that 76.8 percent of flights were on time in January, up from 67.7 percent in January 2014. Delta Air Lines topped the on-time rankings at 86.1 percent. Envoy Air, which operates many American Eagle flights for American Airlines, finished last, at 60.4 percent.
Dubai- based Emirates Airline will present its response this week in Washington to a dossier compiled by a group of U.S. airlines alleging that Emirates, Etihad Airways and Qatar Airways had received more than $40 billion in state subsidies, giving them an unfair advantage. Delta Air Lines Inc, United and American Airlines have asked the White House to look into...
11 stocks in the S&P are being punished in the stock market, despite great upside and expected earnings growth. USA TODAY reports.
Scott Jordan wants to save the in-flight catalog SkyMall, but right now the airlines are not returning his calls, he told CNBC on Monday.
The "Fast Money" traders give their final trades of the day.
March 9- A brake problem may have caused a Delta Air Lines Inc jet to skid off a runway at New York's LaGuardia Airport last week, according to testimony from the flight's crew, federal safety investigators said Monday. The auto brakes were set to "max," but the crew "did not sense any wheel brake deceleration" before the plane crashed into a fence, the National...
March 9- Federal safety investigators said the autobrake selector switch was set to' max' on a Delta Air Lines Inc jet that skidded off a runway at New York's LaGuardia Airport last week and crashed into a fence. "The auto brakes were set to' max' but they did not sense any wheel brake deceleration," the National Transportation Safety Board said in a statement.