Delta Ekes Out Small 1Q Profit on Higher Air Fares
Delta Air Lines reports its first-quarter profit fell, as costs related to salaries rose.
Delta Air Lines
Airlines' On-Time Performance Slips During Winter Months
The government said Thursday that 80.3 percent of flights by U.S. carriers arrived on time in January and February, down from last winter's record 84.9 percent.
Delta Air Lines Buys 49 Percent Stake in Virgin Atlantic
Delta Air Lines said it will buy almost half of Virgin Atlantic for $360 million as it seeks a bigger share of the lucrative New York-to-London travel market. Landing rights at London's Heathrow Airport are limited, and the deal is a way for Delta to expand its foothold there.
Economic Impact From Hurricane Sandy Won't Derail Economy
Airlines have canceled thousands of flights, stranding travelers around the globe. Insurers are bracing for possible damages of $5 billion. Retailers face shrunken sales.
Airlines Collect a Record Amount of Bag Fees
U.S. airlines collected more than $1.7 billion in baggage fees during the first half of the year, the largest amount ever collected in that six-month period.
Your Checked Luggage Is Saving the Airline Industry
As much as customers hate them, baggage fees and other tacked-on charges for travelers have made a huge difference to the bottom lines of airlines.
Another Airline Folds: Delta to Shut Down Comair in September
Delta Air Lines is shutting down its shrunken, 35-year-old regional carrier Comair at the end of September as it switches to bigger jets and it is sending termination notices to its 1,700 remaining employees.
Can One-Way Tickets Save You Money on Airfare?
Although it often requires a little more patience and time, booking one-way tickets separately rather than buying a standard round-trip ticket can offer better control over both price and itinerary.
7 Ways Inflation Will Hit Americans in 2012
With the economy still trying to muster a recovery, and unemployment still around 8.5%, any price increases are painful. And just a month into 2012, a spate of headlines points to more hurt ahead. Here are seven ways inflation will be digging into your wallet this year:
Why Your Pension Is at Risk
With the bankruptcy proceedings of American Airlines parent company AMR having just gotten under way, it's too early to tell what it might mean for employees. But past bankruptcies offer a roadmap for what can happen to workers anywhere when their employer goes under -- they often end up holding the short end of the stick.
More Last-Minute Cancellations Ahead for Flyers?
Holiday air travelers getting ready to head to the airports may want to prepare for long delays. But government fines for keeping you waiting too long may lead some airlines to just cancel some flights instead.
Why Even the Wealthiest 1% Are Fed Up With Wall Street
The Occupy Wall Street crowd has plenty of reasons to complain about how the big financial institutions treat Main Street America. But you'll be shocked to find out how poorly the masters of the investment world treat their richest clients. Multimillionaire and ex-CEO Al Checchi pulls back the curtain.
How to Calculate Market Cap and Enterprise Value
Despite how difficult and intimidating professional money managers and Wall Street talking heads make it seem, math for investing is material that most 10-year-olds have learned upon graduating fifth grade. Let's consider two key metrics that you'll want to consider before buying shares of any company.
Why Airlines Hiked Fares Over the Weekend
Airlines are tossing consumers aside and grabbing the benefit of lower federal taxes on travel tickets. By Saturday night, nearly all the major U.S. airlines had raised fares to offset taxes that expired the night before.
Priceline's New Alerts Help Bargain Hunters Find Deals
Priceline is adding new features to allow its customers to be alerted when certain pre-set criteria are reached, yet another move by an online travel agency to personalize itself for its customers. Read what stock analysis firm Trefis sees as the future for Priceline -- and for its stock.