Jack Perkins was filming when a bolt of lightning struck a Delta Boeing 737 while it was parked on the taxiway, USAT reports.» Read More
*China Eastern Airlines falls after Delta agrees to buy stake. HONG KONG, July 28- China stocks were lower by midday on Tuesday, in volatile conditions, even as Beijing pledged to lend further support after stocks sank 8 percent in the previous session, raising concerns about stability in the world's second-biggest economy. They prefer to stay away from the market...
Delta Air Lines has agreed to buy 3.55 percent of China Eastern Airlines, a move that would make it the first U.S. carrier to own part of a Chinese airline.
New York Gov. Andrew Cuomo announced on Monday a plan to completely overhaul LaGuardia Airport that comes with a $4 billion price tag.
Some of the names on the move ahead of the open.
WASHINGTON, July 24- U.S. authorities are investigating possible price gouging by four U.S. airlines while train service was disabled between New York and Washington after a deadly Amtrak crash in Philadelphia in May, the Transportation Department said on Friday. Transportation Secretary Anthony Foxx said the investigation involved Delta Air Lines Inc,...
Five American airlines are under investigation for possible price-gouging after a deadly Amtrak crash in Philadelphia in May.
July 24- A power outage early Friday at New York's LaGuardia International Airport has delayed a number of flights, according to a spokesperson at the Port Authority of New York& New Jersey, which runs the airport. The official said the Federal Aviation Administration was reporting delays of about two hours for Delta Air Lines, "and 45 cancellations for Delta at...
Southwest Airlines Co and United Continental Holdings Inc have added new hedges against a rise in oil prices just months after bets last year cost them hundreds of millions of dollars. "We were concerned that market prices would continue to escalate, so we did add some positions for the second half of this year," Southwest's Chief Financial Officer Tammy Romo...
July 23- United Continental Holdings Inc on Thursday forecast a drop in unit revenue and trimmed plans for capacity growth as the U.S. dollar weighs on demand abroad, but it announced new share buybacks because its profit continues to rise. "Management appears concerned about the decline in unit revenue and is being responsive to weaker demand in some markets,"...
July 23- United Continental Holdings Inc on Thursday forecast a drop in unit revenue and trimmed plans for capacity growth as the U.S. dollar weighs on demand abroad, but it announced new share buybacks because its profit continues to rise. Shares rose more than 2 percent in pre-market trade on news of United's plans to buy back $3 billion of its stock.
SAO PAULO, July 23- Brazil's antitrust watchdog Cade approved with no restrictions a $446 million agreement between U.S. carrier Delta Air Lines Inc and Brazil's Gol Linhas Aereas Inteligentes SA to expand their alliance. Under the deal announced earlier this month, Delta will increase its share in Gol to about 10 percent from its current 3 percent as the...
July 22- Command Security Corp employees who work at New York's John F. Kennedy International Airport and LaGuardia Airport have called off plans to strike on Wednesday, the 32 BJ SEIU service workers union said. According to the union, Command Security Corp threatened to fire workers who were organizing for higher wages and benefits via union representation.
July 22- Command Security Corp employees who work at New York's John F. Kennedy International Airport and LaGuardia Airport have suspended plans to strike on Wednesday, the 32 BJ SEIU service workers union said. The security services provider has reached an agreement with employees that had planned to strike, according to Juan Chapman, a worker at the airport.
The stock buyback craze has continued into the second quarter, and the cumulative effect of that craze is really mounting.
Delta Air Lines will radically change its SkyMiles frequent flier program next year.
With vacation season underway, where can consumers find the best travel deals: at online travel sites, or directly from airlines?
It's been a few months, so Delta decided it was about time to make even more changes to its recently revised SkyMiles program.
U.S. stocks closed mildly lower on Wednesday as investors remained anxious ahead of an impending Greek parliament vote.
"Bond king" Jeffrey Gundlach said that he might take off his short position on Chipotle, "because it is starting to perform well again."
*Nasdaq biotech index hits record high on Celgene deal. *Bank of America rises after profit more than doubles. *Delta Air Lines warning weighs on airline stocks.