A government investigation into airline collusion adds pressure to a sector that was "starting to bottom out," an analyst said.» Read More
Check out which companies are making headlines after the bell Thursday:
Delta Air Lines agreed to buy a 49 percent stake in Virgin Atlantic, creating a joint venture that would expand Delta's access to London's Heathrow Airport and increase competition in the lucrative transatlantic market.
Check out which companies are making headlines after the bell Monday.
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Nov 2- Delta Air Lines and JetBlue Airways on Friday said flight cancellations as a result of superstorm Sandy will hurt their fourth-quarter results, denting both revenues and earnings.
*US Airways carries extra fuel on flights as precaution. Nov 2- Delta Air Lines said on Friday that a key revenue measure improved in October, helped by corporate travel and cancellations in the wake of superstorm Sandy.
Nov 2- Delta Air Lines said on Friday that a key revenue measure improved in October, helped by corporate travel and cancellations in the wake of superstorm Sandy.
Nov 1- Major U.S. airlines moved to build up service in the New York area on Thursday, with the number of canceled flights easing as LaGuardia Airport re-opened for business in the wake of Hurricane Sandy.
Nov 1- Boeing said it expects to deliver future 787 Dreamliner jets to United Airlines on schedule, after the airline said Thursday it that it was concerned future deliveries could be delayed. United said Thursday that it had taken delivery of the second of five of the jets due to arrive this year from Boeing.
Nov 1- United Airlines said on Thursday it had taken delivery of its second 787 Dreamliner jet from Boeing, following a delay by the aircraft maker, and that another three 787 s due to arrive this year could also be delayed. Boeing said on Tuesday that delivery of at least two 787 jets for United was taking longer than expected.
Nov 1- United Airlines is mulling upgrading some of its Airbus A350 orders to the largest member of the European aircraft family in a possible setback for Boeing Co's 777 mini-jumbo, industry sources said.
Companies such as environmental cleanup specialist Clean Harbors Inc, building supply chains Home Depot Inc and Lowe's Cos Inc, building products makers Owens Corning and Beacon Roofing Supply Inc, and generator manufacturer Generac Holdings Inc surged in early trading on the assumption that the recovery from Sandy will take years and boost sales.
Companies like environmental cleanup specialist Clean Harbors, building supply chains Home Depot and Lowe's, building products makers Owens Corning and Beacon Roofing and generator manufacturer Generac Holdings surged in early trading on the assumption that the recovery from Sandy will take years and boost sales.
*JFK, LaGuardia and Newark airports are closed until further notice, according to the Port Authority. *US Airways Group Inc is not operating in New York, Washington, Philadelphia, Boston and several other Northeast airports on Tuesday. *American Airlines has flights scheduled into Richmond, Virginia, several Ohio airports, Pittsburgh and Boston on Tuesday.
*Seven major New York bridges closing; two tunnels closed. *Rail, container ports closed in New York, New Jersey. New York said it would close seven major bridges at 7 p.m. EDT on Monday, including the George Washington Bridge and the Verrazano-Narrows Bridge.
According to the flight-tracking service FlightAware, 1,100 Sunday flights have been canceled as of Sunday afternoon, with more than 265 cancellations at Newark Airport, a hub of United Airlines.
The offers cover passengers flying in or out of just about any airport from Latin America to New Hampshire. The airlines have only canceled a handful of flights so far, nearly all of them in and out of Florida and the Caribbean. Hurricane Sandy killed at least 20 people in the Caribbean, and left Bahamas this afternoon.
BANGKOK-- Asian stock markets fell Friday after the latest data on U.S. housing dimmed hopes of improvement in an industry that is crucial to recovery in the world's No. 1 economy.
Oct 25- United Continental Holdings Inc, the world's biggest airline, missed Wall Street estimates for third-quarter profit as revenue fell and expenses rose, sending its shares down nearly 4 percent on Thursday.