Senate Majority Leader Harry Reid, D-Nev., met with the heads of several major airlines to discuss how to bring down fuel costs to avoid spiraling ticket prices and reduced service to Las Vegas and elsewhere.

Delta and Northwest pilot negotiators say they have a tentative agreement with Delta management on a joint contract to cover both pilot groups when the companies combine.

Delta and Northwest pilot negotiators say they have a tentative agreement with Delta management on a joint contract to cover both pilot groups when the companies combine later this year.

NEW YORK (Reuters) - The network formed by a merged Delta Air Lines <DAL.N> and Northwest Airlines <NWA.N> would help them avoid cutting the number of cities they serve if oil prices force more capacity reductions, their chief executives wrote in The Wall Street Journal on Wednesday.

The network formed by a merged Delta Air Lines <DAL.N> and Northwest Airlines <NWA.N> would help them avoid cutting the number of cities they serve if oil prices force more capacity reductions, their chief executives wrote in The Wall Street Journal on Wednesday.

By Kyle Peterson

UAL Corp <UAUA.O>, parent of United Airlines, said on Monday it plans to lay off 950 pilots as it prepares to cut domestic capacity to offset soaring fuel prices.

Lawmakers continue to blame large investors for their role in propping up oil prices, pointing out Monday that speculation in crude futures has nearly doubled since 2000.

The manager of the Monroe Regional Airport says passengers might have fewer choices of flights as the airline industry trims services because of rising prices for jet fuel.

The markets seesawed amid mixed economic and financial news on Thursday.

The number of scheduled domestic and international passengers on U.S. airlines fell in March, the first year-over-year monthly decline since September 2006.

The airline industry is feeling the pain of record-high fuel prices, and CNBC talked to a current and a former airline executive for additional insight.

As United States airlines reel from soaring oil prices and a sinking domestic economy, most of their European rivals appear better placed to ride out the storm, The New York Times reports.

Northwest Airlines Corp. pilots stand to get a nearly 2.4 percent equity stake in Delta Air Lines Inc. after the combination of the two companies is completed, according to a summary of a joint contract agreement reached between pilot negotiators from both carriers.

Airline shares rose cautiously along with the broader market Monday as oil prices eased from record highs earlier in the day.