Airline Stocks Soar, in Spite of Sequestration
All of the major air carriers beat Wall Street expectations, even though some are still struggling to post consistent profits – and sequestration challenges continue.
United Continental
United Continental Cockpits Go Paperless, via iPads
Following and expanding upon the examples of similar programs by American Airlines and Alaska Airlines, United Continental -- the world's largest carrier -- will replace its pilots' heavy flight documents with Apple iPads. Ready to fly the paperless skies?
As Oil Prices Rise, United Grounds Its Expansion Plans
As fuel prices rise, United Continental Holdings says it is scrapping plans to add flights this year and also plans to drop unprofitable routes.
Fewer Seats and Higher Fares Help Airline Earnings Take Off
Delta, US Airways and AMR, the parent of American Airlines, all posted higher-than-expected earnings for the peak summer travel season. Airlines have pushed fares up by limiting the number of seats for sale, and have also seen growing international and corporate travel.
United-Continental Merger Lands Execs a Big Pay Raise
Considering how often airline industry executives complain about how hard it is to run a profitable carrier, one might expect their efforts could go unrewarded -- at least monetarily. Not so at the new United Continental Holdings, where big post-merger raises are coming for top management.