Some of the names on the move ahead of the open.» Read More
Delta Air fell$. 92 or 2.7 percent, to $33.58. JetBlue Airways Corp. rose$. 06 or. 7 percent, to $8.81. Southwest Airlines Co. fell$. 30 or 1.3 percent, to $23.60.
*JetBlue likely to use proceeds to fund aircraft delivery- analyst. March 13- JetBlue Airways Corp said it would sell its in-flight entertainment business, LiveTV, to French defense electronics company Thales Group for $400 million as it looks to cut costs.
*JetBlue to ink pact to continue the service after the sale. *JetBlue shares rise 2.9 pct before the bell. March 13- JetBlue Airways Corp said it would sell its in-flight entertainment business, LiveTV, to French defense company Thales Group for $400 million as it looks to cut costs.
PARIS, March 13- France's Thales said it agreed on Thursday to buy U.S. carrier JetBlue Airways' LiveTV unit for $400 million to strengthen its position in the high-growth in-flight entertainment business. Europe's largest defence electronics company said it expected to complete the purchase in mid-2014 after gaining regulatory approvals.
March 13- JetBlue Airways Corp said it would sell its in-flight entertainment business, LiveTV, to French defence company Thales Group for $400 million.
Five U.S. carriers- Delta Air Lines Inc, American Airlines Group Inc, JetBlue Airways Corp, Southwest Airlines Co and United Continental Holdings Inc- said that winter storms had led to more than 78,000 canceled flights among them.
March 10- American Airlines and JetBlue Airways said they plan to end agreements covering ticketing, baggage handling and frequent flyer programs. The frequent-flyer program agreement between the two includes select routes from Boston Logan International Airport and New York's John F. Kennedy International Airport.
March 10- American Airlines Group Inc and JetBlue Airways Corp plan to end their interline traffic agreement and reciprocal frequent flyer program accrual agreement. American Airlines said from Monday, each airline would no longer accept new interline sales for travel on the other carrier.
Some of Monday's midday movers:
Delta said it will become the latest carrier to change its frequent-flier program to a system based on ticket price rather than miles.
Feb 26- Delta Air Lines Inc said on Wednesday it would make a major change to its frequent-flier program, basing the number of miles earned toward free flights on how much customers spend rather than the distance traveled. Atlanta- based Delta said the new program would favor "frequent business travelers" and leisure fliers who buy tickets at higher fares.
Even with 100,000 flights canceled this winter and word of a new terror threat, airlines are headed for sunny skies, analysts forecast.
Feb 19- Low-cost carrier Spirit Airlines said it lost a bid for slots at Reagan National Airport in Washington that are being given up by American Airlines Group.
Travel was tied up from Atlanta to Canada as yet another storm with wet, heavy snow hit the United States.
Some of the names on the move ahead of the open.
Some of Wednesday's midday movers:
Severe weather in the Northeast and Midwest led to flight cancellations, highway closures, train delays and power outages.
A day after the Super Bowl lucked out with exceptional weather, air, train and road travel was tied up with snow and ice.
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Kraft Group CEO, NFL Broadcast Chairman and New England Patriots owner Bob Kraft says "this Super Bowl was made to play in the elements," in discussing potential weather trouble for the game this weekend.