Airlines Hike Up Added Fees, Just in Time for Summer
Summer is almost here, but before you pack up your bags for that big trip, keep in mind these additional airline fees. Even some discount carriers are getting into the act.
Summer is almost here, but before you pack up your bags for that big trip, keep in mind these additional airline fees. Even some discount carriers are getting into the act.
All of the major air carriers beat Wall Street expectations, even though some are still struggling to post consistent profits – and sequestration challenges continue.
US Airways posted a bigger adjusted first-quarter profit as it carried more passengers, and collected more from them.
Among the wins and losses in business this week: the well-timed announcement of a bar-raising new cruise ship and a painful computer failure at a major airline.
A day after American Airlines canceled 970 flights and delayed more than 1,000, the bankrupt airline is promising to run a near-normal operation Wednesday.
Following bankruptcy court approval, the merger of American Airlines and US Airways faces just a few more hurdles, including approval from the U.S. Justice Department.
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.
A federal bankruptcy judge signed off Wednesday on the $11 billion merger of American Airlines and US Airways, clearing the way for the forming of the world's biggest airline.
A federal bankruptcy judge defers giving his blessing to the merger of US Airways and American Airlines, as he weighs outgoing American CEO Tom Horton's severance package.
The battle for control of American Airlines came down to two men who got their start there: CEO Tom Horton, and his old friend and rival, Doug Parker, CEO of US Airways. And after an aggressive courtship, there would be room for only one at the top.
US Airways and AMR are in the final stages of negotiating a merger, with final price and management structure still to be resolved. A combined American-US Airways would have revenue of $38.69 billion based on 2012 figures, in front of current world No. 1 United Continental Holdings.
Hurricane Sandy grounded more than 18,000 flights, and it will be days before travel gets back to normal. Authorities closed the three big New York airports, and the ripple effects from the shutdown of the nation's busiest airspace are dramatically affecting travelers in cities far and wide.
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:
Despite the State Department issuing a travel alert Sunday following the killing of infamous terrorist Osama Bin Laden, Wall Street analysts expect airline stocks to continue their upward ride.














