airline sector

    By The Associated Press

    | 6:40PM 1/20/2011
    Southwest Airlines's fourth-quarter earnings rose 13% to $131 million as business travelers return after the recession, the company reported Thursday. But will fuel prices cause airline turbulence?

    By Hugh Collins

    | 8:26AM 11/02/2010
    Airlines should not be forced to take full responsibility for extra security measures as governments try to respond to the discovery of bombs in air-cargo shipments last week, the International Air Transport Association said. Responsibility for new security measures should be spread through the...

    By Hugh Collins

    | 6:58AM 11/01/2010
    Ryanair (RYAAY), Europe's largest low-cost airline, posted a 32% jump in earnings on higher traffic and prices. The Dublin-based carrier had profit of 330.3 million euros ($461 million) in the quarter ended Sept. 30, up from 250.5 million euros a year earlier, Bloomberg News reported. Sponsored...

    By David Schepp

    | 1:47PM 10/05/2010
    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.

    By Hugh Collins

    | 9:26AM 9/08/2010
    British Airways (BAIRY) will begin a joint venture next month on flights across the Atlantic with American Airlines (AMR), after nearly 13 years of planning. The carriers will align their frequent-flier programs, allowing travelers to earn and use miles on the two airlines, Bloomberg News said....

    By David Schepp

    | 4:30PM 9/07/2010
    Steven Slater's daring departure from a JetBlue airplane last month made him the darling of disgruntled airline employees everywhere. But the former flight attendant is showing less braggadocio these days, having agreed to a mental evaluation as he attempts to avoid jail time.

    By David Schepp

    | 3:05PM 8/26/2010
    American Airlines was hit with a record $24.2 million fine by the Federal Aviation Administration on Thursday for failing two years ago to comply with mandatory safety rules.

    By Melly Alazraki

    | 9:40AM 7/20/2010
    UAL Corp., the parent of United Airlines, reported sharply higher earnings in the second quarter of $273 million, or $1.29 a share. Quarterly revenue rose 28.4% to $5.16 billion from $4 billion.

    By Tom Johansmeyer

    | 10:30AM 12/12/2009
    Virgin America has cracked the airline growth code in the U.S. Despite a travel market slump that shows almost no signs of recovering and an industry with perpetual financial and operational woes, the start-up carrier has shown that strong financials don't have to be a dream for the embattled...

    By David Schepp

    | 1:00PM 9/12/2009
    It's possible your next flight to Tokyo might feature a choice of sushi, beef bourginon and soused herring if a report about Japan Airlines Corp.'s (JALSY) efforts to ally with Air France-KLM pan out. JAL is looking to expand its business in Europe and a capital alliance with Air France-KLM might...