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An airline provides air transport services for passengers or freight. Airlines lease or own their aircraft with which to supply these services and may form partnerships or alliances with other airlines for reasons of mutual benefit. However the US airlin...
An airline provides air transport services for passengers or freight. Airlines lease or own their aircraft with which to supply these services and may form partnerships or alliances with other airlines for reasons of mutual benefit. However the US airline industry is in trouble...keep track of it here.
At a time when major carriers operating in the UAE have hiked their fares, Indian Airlines has adopted a new aggressive marketing strategy by reducing fares.
Delta Air Lines plans to discontinue SkyWest Airlines flights between Yakima and Salt Lake City, effective Aug. 31. The airline cited rising fuel prices as the reason behind reducing select flights.
Continental Airlines Inc on Thursday reported a quarterly loss, citing high fuel prices, a weakening economy and a weak U.S. dollar.
Airline stocks soared Wednesday as oil fell significantly for a second straight day and two major carriers reported second-quarter adjusted results above Wall Street expectations.
S&P airlines analyst Betsy Snyder discusses better-than-expected earnings results from Delta and AMR. She says major airlines' liquidity positions are relatively strong for 2008. Christopher Hinton reports.
American Airlines and Delta Air Lines on Wednesday each reported quarterly losses exceeding $1bn, as both carriers wrote down goodwill, aircraft and other assets devalued by a brutal industrywide downturn.
AMR Corp , parent of American Airlines, on Wednesday posted a quarterly net loss, reversing a year-ago profit, as its fuel bill jumped 47.4 percent.
