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  • July 30- Virgin America Inc, a low-cost airline partly owned by billionaire Richard Branson, said it expects business to improve in Dallas, a major airline hub where competition has led to increased discounting. Dallas, which accounts for 12 percent of Virgin America's total capacity, is the hometown of No. 1 U.S. airline American Airlines Group Inc and Southwest...

  • Virgin America's 2Q profit beats Wall Street forecasts Thursday, 30 Jul 2015 | 8:51 AM ET

    Virgin America's second-quarter profit beat Wall Street expectations on cheaper fuel, and the airline plans to grow at a double-digit rate next year after it starts flying to Hawaii. For example, he said, Virgin will resume flights between San Francisco and Fort Lauderdale, Florida, and offer an additional daily flight to New York from both San Francisco and Los...

  • JetBlue avoids some industry bumps in 2Q Tuesday, 28 Jul 2015 | 7:45 AM ET

    NEW YORK— JetBlue flew a little higher than many of its competitors during the second quarter, booking solid revenue numbers for each mile flown. JetBlue said Tuesday that it filled more seats and was able to charge more for those tickets. JetBlue expects capacity to grow between 7 percent and 9 percent for the full year, which is at the high end of previous guidance,...

  • July 24- Southwest Airlines Co flight attendants voted overwhelmingly against a tentative contract that would have raised wages but involved changes in work rules that many thought were burdensome, their union said Friday. The union said it will continue negotiations with Southwest on the contract, which became amendable more than two years ago.

  • Southwest flight attendants reject contract proposal Friday, 24 Jul 2015 | 3:32 PM ET

    DALLAS— Flight attendants at Southwest Airlines Co. have voted overwhelmingly to reject a contract offer that included pay raises and a bonus. Before the vote, critics had complained about changes that Southwest sought in vacation policies and longer shifts because of new international flights. The vote was announced a day after Southwest reported a record...

  • July 24- Southwest Airlines Co flight attendants voted overwhelmingly against a tentative contract that would have raised wages but involved changes in work rules that many thought were burdensome, their union said Friday. Some 87 percent of voting flight attendants rejected the tentative deal, according to the Transport Workers Union Local 556.

  • 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,...

  • WASHINGTON— Transportation Secretary Anthony Foxx said Friday the government has opened a price-gouging investigation involving five airlines that allegedly raised airfares in the Northeast after a deadly Amtrak crash in Philadelphia in May disrupted rail service. The Transportation Department sent letters on Friday to Delta, American, United,...

  • American Airlines beats 2Q profit forecasts Friday, 24 Jul 2015 | 7:09 AM ET

    FORT WORTH, Texas— Dramatically cheaper jet fuel helped American Airlines nearly double its second-quarter profit to $1.7 billion despite lower revenue. "Our largest cost has fallen 50 percent" since last summer, said CEO Doug Parker. American's fuel bill dropped by more than $1 billion— a 37 percent savings— compared with the same quarter last year.

  • U.S. airlines return to fuel hedging, get burned again Thursday, 23 Jul 2015 | 6:46 PM ET

    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...

  • How the Dow Jones industrial average fared on Thursday Thursday, 23 Jul 2015 | 5:13 PM ET

    U.S. stocks closed lower on Thursday for a third straight day as a number of big companies report disappointing financial results. Caterpillar and 3 M released weaker-than-expected earnings, pulling indexes lower. General Motors, Southwest Airlines and Raytheon bucked the downward trend, rising after announcing stronger results than analysts...

  • General Motors and SanDisk are big market movers Thursday, 23 Jul 2015 | 4:35 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Union Pacific Corp., down $5.56 to $92.12. Under Armour Inc., up $6.56 to $95.93.

  • Southwest Airlines and United Airlines posted record second-quarter earnings on Thursday even though Southwest's revenue grew just 2 percent and United's declined from a year ago. Southwest Airlines Co. earned a record $608 million in the second quarter— a 31 percent increase from a year ago, and the airline's ninth straight record-profit quarter.

  • NTSB says Southwest captain erred in 2013 nose landing Thursday, 23 Jul 2015 | 3:45 PM ET

    Federal officials say the captain of a Southwest Airlines plane that made a hard landing in 2013 should have pulled up and attempted a fresh approach to the runway at New York's LaGuardia Airport. In a report released Thursday, the National Transportation Safety Board faulted the captain for taking over control from the co-pilot while the plane was just 27...

  • DALLAS— Southwest Airlines is packing more passengers on planes than last summer and paying sharply lower prices for fuel. Southwest said Thursday that it earned a record $608 million in the second quarter, up 31 percent from a year earlier. Southwest benefited from the sharp drop in oil prices late last year.

  • Brace yourself! Thursday is earnings palooza Thursday, 23 Jul 2015 | 6:13 AM ET
    Trader on the floor of the New York Stock Exchange.

    Amazon.com, Caterpillar, McDonald's and GM are among the 50 odd companies reporting Thursday, making it the busiest day of the earnings season.

  • Stocks fall for 3rd straight day as earnings disappoint Thursday, 23 Jul 2015 | 12:04 AM ET

    Disappointing earnings and outlooks from several big companies, including American Express, Caterpillar and 3 M weighed on the market. BLUE-CHIP BAGGAGE: American Express, Caterpillar and 3 M all released weaker-than-expected results, helping pull the Dow lower. American Express fell $2.17, or 2.7 percent, to $76.82.

  • Brace yourself! Thursday is earnings palooza Wednesday, 22 Jul 2015 | 6:35 PM ET
    Trader on the floor of the New York Stock Exchange.

    Amazon.com, Caterpillar, McDonald's and GM are among the 50 odd companies reporting Thursday, making it the busiest day of the earnings season.

  • Man arrested in laser pointer incidents near DFW airport Wednesday, 22 Jul 2015 | 1:27 PM ET

    No crewmembers or passengers were hurt but controllers changed the flight paths of the aircraft, which continued on to DFW airport, Dallas Love Field or Alliance Airport in Fort Worth, according to the Federal Aviation Administration. Austin Lawrence Siferd, 23, of Alvarado, was arrested on a misdemeanor charge of illumination of an aircraft by intense light.

  • NEW YORK, July 22- John McCormick has been on a mission for the past five years: to bring hedge funds to the masses. Traditional hedge funds, those lightly regulated investment pools open exclusively to large institutions and rich individuals, have been duds lately, trailing the U.S. stock market's performance every year since 2009 by an average of 10 percentage...