Another Banner Year for Online Travel

Total U.S. online travel-related spending came to about $103 billion in 2012 according to the latest data from comScore Inc. (NASDAQ: SCOR). Air...

American Airlines Takeover Nears

A number of press reports say that U.S. Airways Group Inc. (NYSE: LCC) will take over the airline operations of bankrupt AMR. The marriage of U.S....

AirTran Shares Spike 65% on Southwest Deal

Southwest Airlines, one of the earliest discount airlines, will buy rival AirTran -- another sign of consolidation in an industry that has witnessed the mergers of Northwest with Delta and United with Continental over the last two years.

More Volcanic Ash Compounds Airline Woes

A new plume of ash has closed several European airports again. That's adding to the air-travel industry's woes as the International Air Transport Association estimates that the April shutdown cost $1.7 billion.

Fees and Fuel Costs Give AMR a Narrower Loss

American Airlines' parent company AMR Corp. posted a narrower fourth-quarter loss Wednesday, helped by lower fuel costs and increases in revenue from passenger fees, but results missed Wall Street's forecast.

JAL: Next Huge Airline Bankruptcy?

A number of media, including the Nikkei business daily, are reporting that the Japanese government is considering taking its huge flagship carrier JAL into bankruptcy. The news follows recent proposals by both American and Delta over the last several weeks to put $1 billion into JAL.