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  • CHICAGO, Aug 28- United Airlines plans to change the way it schedules flights and to use new technology to tackle the delays and cancellations that have hurt its competitiveness, company executives told Reuters. The new initiatives aim to narrow the gap in performance between United Continental Holdings Inc and Delta Air Lines Inc, which has the best on-time...

  • Ashley Madison CEO steps down in wake of hacking Friday, 28 Aug 2015 | 10:38 AM ET

    NEW YORK— The CEO of the company that runs adultery website Ashley Madison is stepping down in the wake of the massive breach of the company's computer systems and outing of millions of its members. "Unless they can immediately assure the public that their information is protected, then their business is over," says Lawrence Kellogg, a partner with the law firm...

  • Airfare deals pop up as airlines wage limited fare wars Wednesday, 26 Aug 2015 | 12:46 PM ET

    Don't expect widespread sales or cheap flights home for Thanksgiving. Fliers have been able to fly Chicago to Boston for $80 roundtrip, San Francisco to Las Vegas for $67 roundtrip and New York to Los Angeles, with a connection, for $150 roundtrip. "This is the big break consumers have been waiting for in response to lower fuel prices," says Seth Kaplan, managing...

  • A federal appeals court has upheld a settlement in which Southwest Airlines passengers got free drink vouchers but lawyers who sued the airline got $1.65 million in cash. Southwest includes a drink coupon when passengers buy a higher-priced Business Select ticket. Southwest settled in 2013, with two lead passengers getting $15,000 each and the lawyers...

  • FAA seeks to fine Southwest over maintenance issue Monday, 17 Aug 2015 | 5:49 PM ET

    WASHINGTON— Federal safety officials are seeking a $325,000 fine against Southwest Airlines and say that the carrier used a plane too long before making a permanent repair to a crease in the fuselage. The FAA said Southwest improperly recorded a temporary fix as a permanent repair and flew the plane 24,831 times. Southwest Airlines Co. spokesman Brad Hawkins...

  • SAN DIEGO— Federal investigators examining debris from two planes that collided in clear weather over Southern California this weekend will be looking at the position of the fast-moving jet in relation to the slower, single-engine Cessna as it approached the small airport in San Diego County, officials said Monday. The twin-engine Sabreliner can travel...

  • Aug 6- A U.S. Senate report called for greater transparency in air fares after finding that some airline fees, such as change and cancellation penalties and preferred seating, are hiding the true cost of air travel. The report by the minority staff of the Senate Commerce Committee on Thursday found, among other issues, that travelers buying preferred seats on an...

  • 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...

  • 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.

  • 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,...

  • US investigating possible price-gouging by 5 airlines Friday, 24 Jul 2015 | 11:09 AM ET
    An American Airlines Group Inc. plane is seen past the tail of a Delta Air Lines Inc. jet at Ronald Reagan National Airport (DCA) in Washington, D.C.

    Five American airlines are under investigation for possible price-gouging after a deadly Amtrak crash in Philadelphia in May.

  • 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...

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed lower on Thursday as a deluge of mostly lackluster earnings pressured the major averages.

  • Early movers: GM, CAT, LLY, PHM, FCAU & more Thursday, 23 Jul 2015 | 8:06 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • 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.

  • 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.

  • 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...

  • Delta plans to radically change its SkyMiles program Tuesday, 21 Jul 2015 | 6:52 AM ET
    Delta Airlines planes sit at Terminal 4 at John F. Kennedy Airport in New York.

    Delta Air Lines will radically change its SkyMiles frequent flier program next year.

  • How to nab travel deals as competition shrinks Sunday, 19 Jul 2015 | 9:00 AM ET
    Virgin America plane in flight

    With vacation season underway, where can consumers find the best travel deals: at online travel sites, or directly from airlines?