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At the bottom of the rankings: JetBlue Airways and Southwest Airlines, with nearly one in three flights arriving late. JetBlue spokesman Morgan Johnston said the airline was making better use of spare planes and adjusting staffing in its operations center to handle delays during summer thunderstorms.
But don't expect James Beach to stop using the Knee Defender, a $22 gadget that attaches to a passenger's tray table and prevents the person in front from reclining. "I'm pretty ashamed and embarrassed by what happened," Beach told The Associated Press on Wednesday.
SEATTLE, Aug 21- U.S. airlines more than doubled their net profit margin in the first half of the year as revenue rose nearly three times faster than costs, trade group Airlines for America said on Thursday. Net profit at the airlines rose to $3.8 billion, up from $1.6 billion in the prior-year period.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Some of Tuesday's midday movers:
*Pfizer, Merck rise as results beat expectations. NEW YORK, July 29- U.S. stocks were set to rise slightly at the open on Tuesday following better-than-expected results from companies such as Pfizer and Merck and ahead of data on consumer sentiment. Pfizer's higher-than-expected second-quarter earnings were helped by growing sales of its cancer medicines.
*Pfizer, Merck rise as results beat expectations. NEW YORK, July 29- U.S. stock index futures edged higher on Tuesday following better-than-expected results from companies such as Pfizer and Merck and ahead of data on home prices and consumer sentiment.
July 29- Spirit Airlines Inc, a low-cost U.S. carrier, on Tuesday reported a higher-than-expected second-quarter profit as it added flights and raised fares. Net income rose 54 percent to $64.8 million, or 88 cents a share, from $42.1 million, or 58 cents a share, a year earlier.
July 29- Spirit Airlines Inc, a low-cost U.S. carrier, on Tuesday reported a 54 percent rise in second-quarter profit as it added flights and had higher average fares. Net income was $64.8 million, or 88 cents a share, compared with $42.1 million, or 58 cents a share, a year earlier. Quarterly revenue rose nearly 23 percent to $499.3 million.
*Company changed name to Airbus Group from EADS. ATLANTA, June 17- Airbus Group's recent name change is enhancing how the European weapons and planemaker is perceived, particularly among U.S. government customers, a company executive said on Tuesday. The new name matched the company's legal title to its flagship brand and commercial plane unit, Airbus.
"Airlines have for years turned a blind eye to their own baggage restrictions," says Tim Winship, editor of FrequentFlier.com, a travel website. Among the three largest airlines- American Airlines, Delta Air Lines and United Airlines- only United says it is taking a harder line on the size of luggage destined for overhead bins.
If a carry-on bag fits in the sizer, but sticks out one inch, it may or may not be allowed. Rules aren't fair or clear, and things probably won't change.
Reviving the name of an old low-cost airline, PEOPLExpress aims to offer service on routes that have disappeared amid consolidation.
May 21- Airlines should disclose fees for checked baggage, carry-on items and other à la carte services to make it easier for travelers to discern the true cost of a ticket, the U.S. Department of Transportation said on Wednesday.
Airline bag fee revenue declined slightly in the fourth quarter of 2013, going against the trend.
To save on your summer vacation, you'll need to get creative. Here are six tricks to cut airfares and hotel stays with minimal effort.
“At these levels the stock’s selling for 15 times earnings despite having a 25% growth rate," Cramer said.
The ACSI Travel Index is based on random interviews with more than 7,400 U.S. customers of airlines, hotels and Internet travel websites from October 2013 to March 2014.
Whether you’re rich as Midas, poor as a pauper or in-between, Cramer can find you a stock that fits your budget, perfectly.
Airline stocks, typically considered terrible investments, have taken off, and analysts say there is still lift in the sector for investors.