delta

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.

American Airlines Bankruptcy: How It Will Affect You

Flying during the holidays is a harrowing experience at best, and on Tuesday, American Airlines' customers got another thing to worry about when it filed for Chapter 11 bankruptcy. As the airline prepares to massively restructure itself, will its customers be left at the gate?

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.

Southwest Remains No. 1 for Airline Customer Service

The American Customer Satisfaction Index's annual report on airlines showed Southwest still on top of the rankings, and far ahead of No. 2 Continental. Southwest even improved its score, a rare bright spot in an industry that came in last overall in customer satisfaction among those the ACSI rates.

Former Northwest Employees Sue Delta Over Pay Discrepancy

A half-dozen Delta Air Lines flight attendants sued the carriers for what they say is discrimination in the form of smaller profit-sharing paychecks for former Northwest Airlines employees, the Associated Press reported Wednesday.

Delta Lowers Profit Guidance on Winter Storms

The storms last month not only inconvenienced travelers; they also cut into Delta Air Lines's profit, the company warned Wednesday. Delta has lowered its profit guidance by $45 million as a result.

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: Good For Them, Bad For Fliers

Don't believe the fairy tales United and Continental are spinning about their proposed merger being beneficial to travelers and carriers alike: Beyond the deal to bring Southwest to Newark Airport that they cut placate the antitrust watchdogs, this merger is all bad news.

U.S. Airlines Got Added Lift in August

American Airlines and Delta Air Lines both reported traffic increases for August, while Continental Airlines will recall 132 furloughed pilots, further indicating that air travel is on the rebound.