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Pinnacle Airlines Corp. shares fell $1.54, or 25.75 percent, Tuesday to close at $4.44 after it disclosed that Delta Air Lines plans to cancel its flying contract with the regional carrier, citing poor on-time performance. ...more
June 11, 2008
The surge in oil prices is translating into even higher costs for air travelers as well as drivers. ...more
June 10, 2008
Delta Air Lines, poised to become the world's largest carrier by acquiring Northwest Airlines, plans to drop more flights to blunt soaring fuel bills. ...more
June 4, 2008
Delta Air Lines is cutting at least 1,000 more jobs than it previously planned because the number of employees who accepted voluntary severance offers exceeded the company's goal. ...more
May 31, 2008
United Airlines scrapped its latest attempt to combine with US Airways and create the world's largest carrier, formally backing away Friday from a deal that likely would have meant fewer routes and higher ticket prices for consumers. ...more
May 31, 2008
Mesa will file for bankruptcy protection by July 20 and cut 700 jobs - 14 percent of its work force - if Delta's termination of a regional flying contract sticks and Mesa can't redeploy unused aircraft, a senior executive for the Phoenix-based carrier said Tuesday. ...more
May 28, 2008
Turns out that new airline checked-bag fee wasn't the end of it. Airlines ratcheted up the pressure on fliers ahead of the holiday weekend, significantly raising ticket prices to offset the runaway cost of fuel. The three biggest carriers each boosted most domestic fares by up to $60 roundtrip, and budget airline AirTran Airways raised its leisure fares by $30 roundtrip. ...more
May 23, 2008
Higher fares and new fees are irritating air travelers, but airlines still can't raise money or cut flights fast enough to cover ever-higher fuel prices. ...more
May 23, 2008
American Airlines will start charging $15 for the first checked bag, cut domestic flights and lay off possibly thousands of workers as it grapples with record-high fuel prices. ...more
May 22, 2008
FORT WORTH, Texas - American Airlines said Wednesday it will start charging $15 for the first checked bag, cut domestic flights and lay off workers as it grapples with record-high fuel prices. ...more
May 21, 2008
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